Shares & Derivatives
Added Mapletree Industrial Trust
By Live Rich Life Free  •  May 23, 2023
Build-to-suit development for HP Singapore at 1 and 1A Depot Close Mapletree Industrial Trust (SGX:ME8U) has always been in my watchlist to grow my SGX income portfolio, as well as A Reit that I do not dare to sell again. This is a multi-bagger Reit since IPO in Oct 2010 due to its ever-growing earnings and dividends per share from yield-accretive acquisitions of income producing assets over the past decade. Thanks to noises and looming news of interest rate hikes, opportunity arises as the share price of MIT tanked below the preferential offering price of $2.64 in Jun 2021 As at time of writing, its share price is at its 100 day moving average of $2.33, below its 20 day and 50 day moving averages at $2.35 and $2.34 respectively. I believe now is a great moment to increase investment in such a high quality income-producing industrial Reit for the long-term. The interest rate is almost pivoted and once...
Read the full article
By Live Rich Life Free
The purpose of this blog is for me to share my reinventions of how life should be lived and journal my journey towards financial independence. I believe that life is a story book. Each chapter contains 10 years of our lives. I am moving on towards mid 30s in 2021. As a nobody but somebody, I am in Chapter 4 of my story book. I hope to influence my philosophy of living a rich life freely and healthily with all of you. Embrace the future and empower freedom!
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance