04-03-2024, 05:40 PM
Some tines stocks fall because they are too expensive and have run ahead of themselves.
But sometimes they fall and thebunderlying reason is harder to fathom.
Take teh example of our blue chop propeprty debelopers. They looked cheap aka huge discounts to NTA then became cheaper and cheaper.
Take he example of UOL..stock has fallen from $8 5yrs ago yo $5.56 today ...what gives?
One thing to notice is those with exposure to China are doing alot more worse that these who don't.
If younlook at Capital Land it too fell to 5yrs low
![[Image: oNENXY7.jpg]](https://i.imgur.com/oNENXY7.jpg)
But sometimes they fall and thebunderlying reason is harder to fathom.
Take teh example of our blue chop propeprty debelopers. They looked cheap aka huge discounts to NTA then became cheaper and cheaper.
Take he example of UOL..stock has fallen from $8 5yrs ago yo $5.56 today ...what gives?
One thing to notice is those with exposure to China are doing alot more worse that these who don't.
Quote:Meanwhile, the group said its H2 revenue was down 21.1 per cent to S$1.3 billion, as takings from hotel operations tumbled by 45 per cent or S$443.4 million on lower contributions from its Avenue South Residence, Park Eleven Shanghai, The Tre Ver and Clavon properties.
If younlook at Capital Land it too fell to 5yrs low