$Mapletree Log Tr(M44U.SG)Mapletree Logistics Trust: Holding the Line at S$1.07I am currently holding 1,000 shares of Ma…
$Mapletree Log Tr(M44U.SG)
Mapletree Logistics Trust: Holding the Line at S$1.07
I am currently holding 1,000 shares of Mapletree Logistics Trust at an average cost of S$1.100. The price sits at S$1.070 and I have paper loss of -2.72%. 😊
But here is what keeps me steady:
📉 Technicals
• S$1.07 is a major historical support level
• RSI has climbed from deep oversold territory to 38.55. Downward momentum is slowing.
• Price is stabilising near the lower Bollinger Band. A bounce or consolidation may be coming
💼 Business Strength
• Portfolio occupancy: 96.4%. WALE: 2.5 years
• Leverage at 40.5%. Cost of debt: 2.6%. 82% on fixed rates
• Fed rate cuts will help too. 18% floating debt means lower interest costs ahead
💰 Value & Yield
• NAV S$1.26. Trading at just 0.85x book value
• Trailing yield around 6.8%. Forward yield could reach 7.4%–7.6%
Price is what you pay and value is what you get. I believe in the quality of this business. I will stay patient and let the story unfold 🙏
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.