We bought some IGBREITs at RM 1.370 but we are reluctant

Many analyst covered the stock and recommended it worths RM 1.450. To us, we believe the future value should not be factored in so soon. We also do not think it is fair to compare the value of SunREIT and Pavillion REIT. As we believe it is all over price with a yield below 5%. May be interest really too low everywhere that 5% becomes attractive to someone. But for REITs, if you look into choices that you can have from Malaysia to Singapore and Hong Kong. I will like it in my portfolio but immediate target of RM 1.45 is a bit expensive. We will only buy a little more if it is between RM 1.30 – RM 1.35.

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