The agreed price will be 1.1949.
It is strange that investors are now chasing the counter at 1.20, with thousands of lots done at 1.21.
Anyone can explain the logic?
(25-05-2022, 09:46 AM)hansamu Wrote: The absorption of MNACT by MCT to form a larger reit was approved recently.
The agreed price will be 1.1949.
It is strange that investors are now chasing the counter at 1.20, with thousands of lots done at 1.21.
Anyone can explain the logic?
(25-05-2022, 06:15 PM)webinarian Wrote: I thought it is compulsory take over at 1.1949. It seems to be not the case. If so, no one would pay 1.20 or 1.21 to buy for something at value of 1.1949.At 63 cents, a really good catch!
Anyway, I bought it at 63c in 2020 March. They pay dividend at 67c which is more than 10% return. I take it as keep an FD of 10% interest.
Just imagine where can u get interest of 10% for FD at any banks?
.
(26-05-2022, 10:22 AM)sclim Wrote: mapletree com has fallen to 1.75/1.76 level today. to me that is a good price to buy for long term div income.
plus there is a good chance that it will float up to above $2 after the whole merger.
more tourist arriving. more footfall from office workers returning to office in greater southern waterfront. active departure and arrival at singapore cruise center again.
dyodd.