Tiong Nam is back on investors' radar screen due to a potential real estate investment trust (REIT) listing to de-gear and unlock the value of its income-generating warehouses. From The Edge.
Aiya, this jump in share price overdone. The REIT idea is not new and industrial REIT dun sell. Co debt is heavy and capital structure poor. Brexit may slow trade volume which will mean slowdown in its logistics services incl. warehousing.
Supply coming in , need to monitor carefully. Dont overlook . 1st sign of massive distribution occur. Whether the px can move upward will depend on next few bars.
By looking at the waves , it has completed 4 upwaves , to me ....Not much meat left . Need confirmation from future px action . News released /published by media seem helping them to offload...As usual watch ur trade..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ubf104
165 posts
Posted by ubf104 > 2016-07-08 10:37 | Report Abuse
money, money come !money money home~