Finally, we have witnessed the whole reit sector is in the green today! This is probably due to the cpi data from US which was reported better than expected at 3.2%.
Overall good news for the market! Hopefully, Bank can drop more than we can see opportunity coming back! Pls dyodd. Daiwa Hse Log Trust - A rare Logistics Trust in Japanese. I think is a gems which is quite highly under-rated with yield of more than 9%, stable dpu of 5.2 cents , gearing below 40% plus long WALE! I think is a gd pivot point! At 53.5 cents, yield is 9.7%.
Chart wise, it has managed to bounce-off from 50 cents and closed well at 53.5 cents looks rather bullish! Short term wise, I think likely to rise up to test 56 cents than 59.5 cents. Pls dyodd. Daiwa Hse Log Tr...