Let it be...6%?

1.07 wor...can reach meh

CMMT is another pure retail REIT.

Its divvy yield higher than IGBREIT yet research firms put it on hold/sell as compared to IGBREIT's buy/hold.

Really

source link?

Monetary Policy Statement

At the Monetary Policy Committee (MPC) meeting today, Bank Negara Malaysia decided to maintain the Overnight Policy Rate (OPR) at 3.00 percent.

For Malaysia, latest indicators suggest that the domestic economy continued to register favourable performance in the first quarter. Going forward, growth will remain anchored by domestic demand with additional support from the improved external environment. Exports will continue to benefit from the recovery in the advanced economies and regional demand. Private sector spending is expected to remain robust. Investment activity is supported by broad-based capital spending, particularly in the manufacturing and services sectors. Private consumption will be underpinned by stable income growth and favourable labour market conditions. The prospects are therefore for the growth momentum to be sustained.
Inflation has stabilised in recent months amid the more favourable weather conditions and as the impact of the price adjustments for utilities and energy moderate. Going forward, inflation is, however, expected to remain above its long-run average due to the higher domestic cost factors.
Amid the firm growth prospects and inflation remaining above its long-run average, there are signs of the continued build-up of financial imbalances. While the macro and micro prudential measures have had a moderating impact on the growth of household indebtedness, the current monetary and financial conditions could lead to a broader build up in economic and financial imbalances. Going forward, the degree of monetary accommodation may need to be adjusted to ensure that the risks arising from the accumulation of these imbalances would not undermine the growth prospects of the Malaysian economy.

Bank Negara Malaysia
08 May 2014

© Bank Negara Malaysia, 2014. All rights reserved.

Looks like more chance to trend down unless break 1.20 which is not high given no catalyst pending interest rate high somemore 

Not necessary. Interest rate hike is imminent.