As market soften after 1MDM DOJ report. We found majority shares in the market traded negatively except certain bluechips dragged index up.
However, we like MBSB at this price and continue bought at a good price. We added MBSB at RM 0.740.
Besides we also added MQREIT as KL-SG high speed link will in long term benefit more MQREIT’s KL Sentral’s portfolio. We added at RM 1.21.
Our next focus of MREITS will be both MQREIT and ARREIT. We believe both REITS have strategic portfolio. Good yield at the moment and trading below market trends and it’s NTA.