(Stocks Discussion) SGX: Mapletree Commercial Trust (SGX: N2IU)? - Seedly

Stocks Discussion


Asked by Anonymous

Asked on 01 Aug 2019

(Stocks Discussion) SGX: Mapletree Commercial Trust (SGX: N2IU)?

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 Also, these questions just represent opinions, so before you invest, please do your own due diligence.


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Jonathan Chia Guangrong
Jonathan Chia Guangrong, Fund Manager at JCG Fund
Level 6. Master
Answered on 04 Aug 2019

Quite a bit of premium on the stock price at the moment. Did some dca into it and sold off the odd lots early this year to reinvest into something else. Kicked myself over the timing but nothing I can do about it now.

I'd say there's still room to grow for the reit portfolio wise. Still a number of properties under sponsor's portfolio that are spread around the area. But I'll want to wait for the spread between price and nav to be much much narrower before I consider any taking up a new position. At current yield, its a no go for me. I'll consider the NAC reit for a better yield under the mapletree umbrella.