Mapletree Commercial Trust retraced back to previous resistance turned support at $1.53 (also the uptrend support). Is it a good entry point to invest and Buy on Dip? To me, this is a good trading opportunity instead of investing.
See previous post on Mapletree Commercial Trust here.
See Singapore REIT Fundamental Analysis here.
Mapletree Com Trust Share Price, Fundamental and Technical Analysis.
Mapletree Com share price reaches historical high and still on an uptrend! Fundamentally Mapletree is over value base on NAV; relatively high Gearing ratio and average distribution yield compares to other Singapore REIT. See other Singapore REIT comparison table here.
Sit tight and watch the show!
MapletreeCom is currently trading in a Rectangle range bound between $1.11 & $1.26.
Watch out for the breakdown if there is right issue and sudden hike in interest rate because MapletreeCom has a gearing ratio of 40.8%!
See other Singapore REIT comparison table here.