(Stock Discussion) SGX: First Real Estate Investment Trust (SGX: AW9U)?
Discuss anything about share price, dividends, yield, ratios, fundamentals, technical analysis and if you would buy or sell this stock on the SGX Singapore markets. Do take note that the answers given by our members are just your opinions, so please do your own due diligence before making an investment!
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Thinking this is in the medical field like Parkway, I bought in. So sad. I bought in when the P/B was low hoping for a turn around. However things just got worse. So I had to bite the bullet, accept my mistake and sold off at a lost, only to see it tumble even further. The lesson i learnt is that low can get lower. The 2nd lesson I learnt is that it is better to cut loss and shift the money to proven growth stocks and then to leave it in a sinking hole and see the money disappear.
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Was looking at First Reit vs Parkway Reit to decide which one would be my first entry to healthcare ...
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If you were a retail investor or had any interest in REITs, you would have understood right away that a small calamity had hit the firm in the second half of 2018. The REIT's former sponsor, Lippo Karawaci, has been replaced by OUE happy wheels