by: Dean Goh
All examples and stocks quoted here in this article and on the ProButterflyTM and REITScreenerTM site are for learning purposes; it does NOT constitute financial advice or a Buy/Sell recommendation. Contents are reflective of personal views and readers are responsible for their own investments and are advised to perform their own independent due diligence and take into account their own financial situation. If in any doubt about the investment action you should take, you should consult a professional certified financial advisor.
Since plunging to a low of HKD 1.65 a few months after its IPO listing in 2007, Fortune REIT (“Fortune”) has risen steadily to a high of HKD 10.04 at the end of 2016 (a more than 500% increase). However, just last month, Fortune hit a new low of HKD 8.56 since more than a year ago. Fortune has consistently traded below its fair value, and its current trading price (at point of writing) HKD 8.86, makes Fortune an even more undervalued stock ...