Ascendas Hospitality is a good example of buying good fundamental business trust. Businesses with good management are highly likely to move up again once the ashes are clear from the air.
Dec 2018, a double top appear and it went down till June 2018 and then went sideways for another six months before starting on an uptrend till May 2019. Now again moving sideways, probably another five to six months.
STI Downturn: 3 Temasek-Linked S-REITs to Watch
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[image: CapitaLand Ascendas REIT (CLAR)]
The STI is 7% below its 52-week high, putting three Temasek-linked S-REITs
in focus as investors assess whether th...
1 hour ago

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