Shares & Derivatives
MLT – Mapletree Log Tr : She is rising up to revisit 1.40 soon! Pls dyodd.
By Singapore Stocks Sharing  •  May 6, 2024
MLT - Mapletree Log Tr  : She is rising up to revisit 1.40 soon! Pls dyodd. I think the recent poor share price performance is fundamentally driven by market and macro factors and is not solely attributable to MLT. Mapletree Log Tr  - Wah, she is on a continuous selling down pressure! At 1.34, yield is a whopping 6.74 percent looks like a crisis price! NAV 1.39, Gearing below 40 percent.  Looks like super oversold! Chart wise,  it may go down to test 1.30 than 1.25. Pls dyodd. At current price looks like market is MLT(Mapletree Log Tr) - The rebound was short-lived as the cPI data is still staying above 3 percent and Fed may not cut interest rate in June causes the selling down again plus ME tensions! I think great price is here as she is trading at 1.42 yielding 6.35 percent for this giant logistics reit counter which is a very good yield level. Pls dyodd. Mapletree Log Tr  - Awesome! She is  back to 1.51. A nice breakout...
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By Singapore Stocks Sharing
All information is just for sharing on https://spore-share.com or https://spore-share.blogspot.com (Trade/Invest base on your own decision). Thank You! For trading, be firmed in executing your stop loss strategy. Also don’t be too eager to take profit to early. Let your profit run. For Investing it is good to read up and educate yourself to know the basic financial analysis. Learn how to identify good company to invest . Pick those company/counter that you are familiar with their business.
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