$Mapletree Log Tr (M44U.SG)$ DPU 2.068. Sure drop tomorrow.

unfilteredtruths : wah 6.4% drop

dydxequalszero : Considering the high interest rate environment and poor performance of China properties I think the result is quite good actually. The new properties in Malaysia and Vietnam will start contributing in the next quarter too. Combined with the chance of US Fed cutting interest rates, I think the prospects are looking good.

R and R OP : Next quarter probably will be better with foreign currency improving and new properties contributing. But short term wise, share price might test 52w low unless Mr Bao tell us something good about interest rate next week.

Captain Woon : Assume upcoming Quarter all with same dividend then yield became 6.1%, still not bad but afraid it will keep dropping till renewal of loan even interest rate drop next year.

路人辛酉 : based on my cost. I can gain 5.7% yield only.

unfilteredtruths dydxequalszero : MLT said they are expecting negative rental reversions in China to persist the next few quarters

dydxequalszero unfilteredtruths : Yes but if you read the full report, rental reversions in other countries were all positive and this led to an overall positive rental reversion of 2.6 % taking into account all properties. And MLT is trying to divest more China properties. When it comes to investing, patience is key. You can’t expect a company to make 100% correct decisions all the time, but the more important thing to observe is how they react to poor decisions. And I think the Mapletree REITs have done this very well. In fact the drop in DPU is lesser than other REITs that have announced results so far.

littlepanda dydxequalszero : should hold or sell?

dydxequalszero littlepanda : Hi, I’m holding. There’s no point to keep entering and exiting the position. The dividends may have dropped but it’s still quite decent.