Ezotop

Friday, November 3, 2023

Prime USD Reit (OXMU.SI) - I think the worst is over as Fed as paused the rate hike for November ! If December also no rate hike and CPI is getting better then we may see a revival of these overly beaten down reit counter! Pls dyodd.

 Chart wise, she has managed to bounce-off from the low of 0.087 cents and closed well with 2 bullish candlesticks at 0.113 looks rather interesting! 



As reflected on the chart, the 2 bullish candlesticks accompanied with high volume looks rather positive as this signify Fund are flowing into this counter! 

Short term wise,  I think this bullish momentum will continue and likely push the price higher towards 0.14 than 0.166 , 0.188 and 0.255. 

NAV is about 0.70.

Yearly dividend is about 4.9 USD cents.

Yield is a whopping 44% at current price of 0.113.

Please take note 3rd quarter results update on 7th November 2023.

I think golden opportunity is here!

Not a call to buy or sell!

Pls dyodd.


No comments:

Post a Comment

Kep Infra Tr - I think rights issue once announced may likely see the price getting weaker!

  Kep Infra Tr  - I think rights issue once announced may likely see the price getting weaker!  Quote: Straits Times  - KIT  is considering ...