$Suntec Reit(T82U.SG)We have a very nice green candle with a long body today, showing the buyers are in control. KDJ is 68 so not yet overbought. The book value is about $2 so even at this price, it is trading at quite an attractive discount to NAV. More importantly with its prime location, I have confidence the robust MICE pipieline and positive rental reversion will be able to generate more DPU in the months to come so I don’t worry if the price goes down in the short term.
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