(Stocks Discussion) SGX: Ascott REIT [SGX: A68U]? - Seedly
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Anonymous

Asked on 06 Jun 2019

(Stocks Discussion) SGX: Ascott REIT [SGX: A68U]?

Discuss anything about Ascott REIT SGX: A68U 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 in Ascott REIT SGX: A68U

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Gavin Tan
Gavin Tan
Level 5. Genius
Answered on 07 Jun 2019

Just broke its previous 52week high so, be careful if you wanna get into this REIT now.

My recommendation would be to wait it out, maybe for a correction of sorts, then get in.

The REIT is not a must buy but, it doesn't mean it 's a bad REIT, so it all comes down to if you like the business model of the REIT.

Personally I bought it at its 52week high previously and I'm pretty relieved that it's at 1.26 now!!

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John Ong Zhenxi
John Ong Zhenxi
Level 4. Prodigy
Answered on 07 Jun 2019

Analyst forecast is abit above neutral. But the price is quite high. Not much value to unlock currently. There are better options.

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