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+--- Thread: today ALL reits drop,more fallings in coming 6 mths (/Thread-today-ALL-reits-drop-more-fallings-in-coming-6-mths)
today ALL reits drop,more fallings in coming 6 mths - talky - 23-09-2022
can look at them on end 2023
RE: today ALL reits drop,more fallings in coming 6 mths - talky - 23-09-2022
so no need to rush n q stupidily to put in fd
next few mths fd will be >3.25%
RE: today ALL reits drop,more fallings in coming 6 mths - sgbuffett - 23-09-2022
Drop is okay. The yield need to go up to compensate for higher interest rate.
A reits is not very attractive at 3.5% yield when bank is paying 3% FD.
When stoxk price drops yield goes up....and can hit 5% to attract buyers.
So it's good the price drops.
The main problem debt servicing costs. If maturity of loan js this Yr and next Yr. Then they will incur high cost which will lower DPU.
RE: today ALL reits drop,more fallings in coming 6 mths - talky - 23-09-2022
(23-09-2022, 11:40 AM)sgbuffett Wrote: Drop is okay. The yield need to go up to compensate for higher interest rate.trade summary shows ALL REITS much muchmore done on buy side ,buy fr sellers are few.
A reits is not very attractive at 3.5% yield when bank is paying 3% FD.
When stoxk price drops yield goes up....and can hit 5% to attract buyers.
So it's good the price drops.
The main problem debt servicing costs. If maturity of loan js this Yr and next Yr. Then they will incur high cost which will lower DPU.
v negative sentiment
RE: today ALL reits drop,more fallings in coming 6 mths - sgbuffett - 23-09-2022
(23-09-2022, 11:55 AM)talky Wrote: trade summary shows ALL REITS much muchmore done on buy side ,buy fr sellers are few.
v negative sentiment
I would not count on these short term type data.
If US rates keep going up to terminal of 4.6% ....reits meltdown only just started.
RE: today ALL reits drop,more fallings in coming 6 mths - talky - 23-09-2022
(23-09-2022, 01:13 PM)sgbuffett Wrote: I would not count on these short term type data.
If US rates keep going up to terminal of 4.6% ....reits meltdown only just started.
at least another 20% drop for reits prices