QUOTE(return78 @ Mar 17 2020, 07:10 PM)
Although movement control order (MCO) is tentatively targeting 2 weeks. However, depend on covid19 development, please bear in mind there is chance MCO get extended if covid-19 escalated further.
> At 2018, when FED rising the interest rate, most of reit counter plunged.
> At late 2019, most reit counter hit historical high.
> At current once in 100 years outbreak, retail is among the impact sector, current price correction is still relative mild compared to 2018. On flip side, OPR rate is hit historical low.
On layman term,
2018 rate hike, it merely pay more interest, reduced profit. Mall management still able to take various efforts to counter the impact.
2020, covid 19, the outbreak had affect the ability to conduct business, MCR introduced. No sight of medicine & vaccine for covid19 yet. Mall management had very limited options to address these problems.
Its something we shall think carefully prior make the purchase with assumption it's never goes wrong with top rated reit. Headwind from external might just strong. Take a look at those top rated company in their respective industry - Airasia, GenM, Genting, which dive historical low.
Just my 2 cents.
OPR cuts; didnt provide buffers? > At 2018, when FED rising the interest rate, most of reit counter plunged.
> At late 2019, most reit counter hit historical high.
> At current once in 100 years outbreak, retail is among the impact sector, current price correction is still relative mild compared to 2018. On flip side, OPR rate is hit historical low.
On layman term,
2018 rate hike, it merely pay more interest, reduced profit. Mall management still able to take various efforts to counter the impact.
2020, covid 19, the outbreak had affect the ability to conduct business, MCR introduced. No sight of medicine & vaccine for covid19 yet. Mall management had very limited options to address these problems.
Its something we shall think carefully prior make the purchase with assumption it's never goes wrong with top rated reit. Headwind from external might just strong. Take a look at those top rated company in their respective industry - Airasia, GenM, Genting, which dive historical low.
Just my 2 cents.
Mar 30 2020, 07:51 PM

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