facebook(Stocks Discussion) SGX: Ascendas India Trust (SGX: CY6U)? - Seedly

Anonymous

01 May 2020

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REITs

(Stocks Discussion) SGX: Ascendas India Trust (SGX: CY6U)?

Discuss anything about Ascendas India Trust (SGX: CY6U) share price, dividend yield, ratios, fundamentals, and if you would buy or sell this REIT on the SGX Singapore market. Do take note that the answers given by our members are just their opinions, so please do your own due diligence before making an investment in Ascendas India Trust (SGX: CY6U).

Discussion (2)

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Wise Stacker

14 Jun 2022

DIY Investor at WiseStacker

I started buying Ascendas India in 2020 and now own about 10,900 shares. My plan is to see it as a buy-and-hold forever company. The recent price development is of course pretty bad, however, I see the current prices as a good buying opportunity. Almost all my other REITs are pretty underwater as well. In this article, I analyzed the three European REITs I like: https://wisestacker.com/3-best-european-reits-t... .. anyone else owning Ascendas India and keeps on adding to his/her position?

I've actually done an analysis on Ascendas iTrust !

https://sgstockmarketinvestor.com/stock-analysi...

TLDR :
I am very bullish on AIT for several reasons :

  1. Strong Pipeline Assets for Future Growth

  2. Strong Dividend Growth Year on Year

  3. Big Cap = Can borrow more with lower cost

  4. Low Gearing (28%)

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