The latest quarter is not ideal.
But 0.0453 cents is the highest dividend in the history of 1H.
It has been half a year since I first shared Pavreit.
At that time, when everyone despised it, I quietly entered at a low point.
So, what exactly is the attraction of REITs?
Look, now Pavreit's borrowing rate is over 4 cents.
The upcoming interest rate cuts can bring good news to these highly-leveraged REITs. Pavreit's revolving credit is short-term maturity, so it can be repriced continuously.
Of course, if Pavreit can achieve such results in a difficult high interest rate environment, it will certainly be even more powerful in a low interest rate environment!
Based on my entry price, there should be enough margin of safety, so I can be worry-free.
It also gave me an extra sense of satisfaction when I visited the pavilion 😍
104124533 : 37.7 %gearing should be ok right? it has not reach more than 50%
104144368 : Is this price suitable for admission?
104124533 : I enter at average of rm 1.2 early last year