3.79BMarket Cap14.97P/E (TTM)
13.110High12.900Low743.40KVolume12.900Open12.910Pre Close9.70MTurnover15.36252wk High0.28%Turnover Ratio290.11MShares12.24552wk Low0.872EPS TTM3.46BFloat Cap21.723Historical High14.09P/E (Static)265.10MShs Float1.647Historical Low0.926EPS LYR1.63%Amplitude0.75Dividend TTM1.33P/B100Lot Size5.75%Div YieldTTM
Venture Stock Forum
If the US 10 year treasury bond yield continues to drop, it will boost the buying of reits and stocks. USD has started to weaken which is positive to stocks too. Let’s hope for a rate cut in December since the latest FED PCE shows tame inflation.
The stock closed at 12.99 today with 100 plus lots buying at 12.99 by some funds. Tomorrow we might see above 13 again.
The US 10 year bond yield has dropped below 4.3% with the appointment of Scott Bessent as treasury secretary who is a moderate guy on tariffs. There might be another rate cut in December if the inflation continues to remain tame. It is positive for reits and stocks. Now is a good time to accumulate
If the stock is able to stay 13 and above, it is likely to trend higher subsequently. The next hit point will be 13.42. High volume is needed to support and push up the stock.
Next year 2025 is the election year for Singapore. Hope the PAP govt can bring in strong liquidity to support SG stocks
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