$CapLand Ascott Trust (HMN.SG)$ wow.. Drop so much.. Hmm wou...

yangyangyangyang : why the drop?

104160369 yangyangyangyang : Maybe pricing in interest rate higher for longer but think will reverse at rate cut

1M65 OP : all reits and trust are dropping. but should ease when the Fed announce a cut in interest rate. they rely heavily on borrowing to churn out payout for shareholders

unfilteredtruths 1M65 OP : Yes but the effects won't come so soon since they are locked into contracts for a few years.

1M65 OP unfilteredtruths : indeed. they will only realised a lower interest rate when they reprice their loans. however, market being market usually move ahead of time. once Fed announce or signal high chance of rate cut, we'll see market moving..

unfilteredtruths 1M65 OP : You got a point

1M65 OP unfilteredtruths : I guess ppl are trying to catch the REIT bottom or DCA downwards as these sector have been bashed up badly..

all reits are valued and lelong for sale. only the strong hearted and emotional stable ppl stays ahead of the game. manage to fill quite alot. vfull now. I don't think it will move downwards that much thereafter.

awaiting for banks to mov downwards once fed signal or hint rate cuts.

unfilteredtruths 1M65 OP : I doubt banks will move down. It'll probably rise slower.
1. Rate cuts won't be massive
2. Three separate rate cuts to ease the the transition
3. The rate cuts might also come later than expected