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Entries Tagged as 'REITS'

REITS

February 14th, 2020 No Comments

I could have made another post when REITS turns down to justify my posting but I chose to post it now, to see the market as it is Previously I mentioned that I expect it to shoot down to the low of ~950 than to shoot up to ~980 BNM came out with yet another […]

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REITS

February 12th, 2020 No Comments

We left our discussion somewhere around the highlighted yellow bar I said that I expect it to go down to ~950 than to shoot up to ~980 Depending on your timeframe and how you looked at it, it actually went up to ~980 (albeit for 1 -2 days) for one last time before diving to […]

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OPR 2.75%

January 22nd, 2020 No Comments

1 day after I posted bearish outlook for REIT, the central bank slashed rate by 25 basis points. This will temporarily boost up Reits/ Propert counters while banking/ finance will be negatively impacted My view on REITs remains until the chart tells me otherwise. This is interesting – let’s see what happens next. Will be […]

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REITS and Banking

October 16th, 2019 No Comments

I’m penning this down so that it will appear more predictive when it happens. REITS chart (first one below)is going down while the banking sector (finance) (2nd chart) is turning up – contrary to what the news is out there

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