$CapLand IntCom T (C38U.SG)$ The market seems skeptical, do ...
$CapLand IntCom T (C38U.SG)$ The market seems skeptical, do Singaporeans think the acquisition price of this shopping mall will be too expensive? I have not been there myself.
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101731729 : Not expensive. According to the disclosed details, the capitalization rate of the acquisition is around 6%. It feels like the problem of issuing new shares at a discount to institutions.
_MK_Watcher_ : Agreed, if this is for long term, it is not expensive at all, in term of its premium locations and popularity at Orchard shopping belt.
If one has the holding power of this counter over an extended period, he/she will be rewarded wholesomely and handsomely some day.
JJ Hou : U never been to ION?????!
WinningTrader _MK_Watcher_ : I would say this is a defensive and stable stock. If you want growth, then this is not the one to buy and hold.
102855832 JJ Hou : not all of us here in moomoo lives in SG, nor ever visit SG
JJ Hou 102855832 : Ooooh