Lim and Tan:
CDL is currently trading at a 25% discount to its historical NAV and we expect an even wider 40-50% discount to its RNAV as the company does not revalue its assets to current market values. We maintain our “BUY ON WEAKNESS” recommendation on as investors become more jittery about the negative impact from the government’s cooling measures implemented last year and also trade tensions between the US and China.
Propnex - She had managed to bounce-off from 1.85 and rises higher to touch
2.00, this is rather bullish
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Propnex - She had managed to bounce-off from 1.85 and rises higher to
touch 2.00, this is rather bullish!
Beyond 2.00, she may rise up to revisit 2.05...
2 hours ago
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