Dear readers, there are three Singapore Reits and Trusts which are currently oversold. Two of them are undervalued. Can investors profit from these oversold undervalued Singapore Reits, Trusts?
First, each of the three Reits and Trusts has a Relative Strength Index of below 30 and these Reits and Trusts are:
ARA Hospitality Trust USD
Dasin Retail Trust
ParkwayLife Reit
Of the three Reits and Trusts, two of them are undervalued (i.e. having a Price-to-Book ratio of below 1). They are:
ARA Hospitality Trust USD (0.466)
Dasin Retail Trust (0.581)
Could investors profit from investing in these oversold and undervalued Reits and Trusts? Well, the business narrative post-Covid for businesses have changed. I suggest investors wait for a clearer picture of the macro outlook before investing your hard-earned monies into the equity markets.
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