Josh Tan Finance Meet 2024! Ticket booking here ▶ joshtan.link/eventbrite Singapore Investment Meetup Event You Can't Miss in 2024! Come join us at Alter Ego for an exciting finance discussion and lunch meet-up! I booked the entire restaurant! There will be excellent food for all of us, we'd be taking lots of pictures and doing fun interviews! 📸 See you there! 😃 Early bird discount $88.20 for one admission Bring a friend/partner along and pair ticket discount $84.60 each
imo, target price is misleading people. Best is to check what they have said and how they do the valuation. Been seeing those nonsense bank value company like Tesla and Nvidia in a nonsense price while it cannot hit 90% near to its TP.
Instead of IREIT, I've chosen Cromwell European reit, cause Cromwell actually changed their portfolio from commercial to more than 50% light industrial/logistics and it is the only reit that never issue rights during the high interest environment. Furthermore, it is giving 9% dividend while we wait for price appreciation. Also, these reits had been beaten down so much and with a 40% recovery is only back to their fair P/E value nia. Have been holding on to cromwell since 2022 and plus the dividends collected, I've already break even or even gotten a bit of paper gains liao ^_^ The most important thing I've learned, be patient and don't panic sell and the stocks/REITs will definitely exceed your buy price eventually. Huat ah!!
When Feds cut a total of 200 basis by end of next yr , Reits will benefit more on saving of refinance loans n more DPU given out . Those research houses will raise the target price higher 😊
Hi PE Not the usual matrix to value reits. Usually it’s PB as it owns real estate The high PE could be due to fair value losses added in to latest earnings which could reverse in a interest rate drop environment 👌🏻
