Prime @ 0.98

Well, look like Prime will be the first REIT counter that hit it IPO price since listing. I wonder whether it will close 0.98 today. Recently, there is a gentle weakness in all REIT counters listed in SGX. This maybe due to the interest rate increasing especially the T-Bill offer by MAS has been staying around 2.2%, thus the margain behind REIT is around 2.5% depending on which REIT counters you are buying. Let hope Prime REIT can maintain at 0.98 today or recover, or else Prime will be the first REIT counter to close before IPO price. Furthermore, it has the most "PRIME" location of Singapore.

Previous Post

Talkstock Forum

Oop, found out that the link that I provided in my previous posting is wrong. This is the correct link for the forum Talkstock Forum

New Forum - TalkStock

Recently, we has decided to start a forum called TalkStock, where all the information on the stocks that interested us can be stored and display. Furthermore, it is much more easy for us to discuss and track topic on stock as the forum has independent link for each stock that we created. For those who read this blogsite and would like to continuing reading on the stock in Singapore market, please refer to link provided above. In addition, you are encourage to join in the discussion to share your view in this forum as well.