The MLT ship thus far...
$Mapletree Log Tr (M44U.SG)$ was one of the last S-REITS ship to leave the port and I was a passenger who boarded on the Monday, 9 Sep. Although the ship looks sturdy on paper, it didn't move much since departing. However, the day after the FED rate cut was announced, it start to pick up speed. I was late in deciding to board the ship as there were concerns of it's suffering China portfolio. However, I eventually decided to go ahead as the ship is fundamentally sound (at least to my untrained eye). Hopefully my hunch is right and the ship will bring me and the rest of the passenger to ports of prosperity. In the meanwhile, I'll be donning the Life vest and be on the lookout for signs of sinking.
p.s. would greatly appreciate if any seasoned seafarers can provide your views of the MLT vessel.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment