Hi , may i know what is your take on PRCT . Bought at 54 about a month ago as it is traded below NAV of 73 cents. Latest result seems ok with a yield of about 7percent. however , Mr market dont really seems to like this coy. Stock price seems to going down
You’re welcome Song. Thank you for your support!
Good luck for your investment in PCRT!
PRCT ex date was on 13 August. thus it went down a little after that, I don’t think you need to worry too much about that slight drop.It is normal for stocks to experience a slight dip in price after their ex-date. Only if it drops further then you would should be more worried about it. Now it is currently 0.51, the 3 cent drop would probably have been adequately covered by your dividend payout.
as for CRCT, i think it is too costly at the moment.
note: i am a noob and this is just my opinion based on my limited knowledge
Glad to see you here!
Augustine and Flyingsaucerman both brought up a very good point – if PCRT is undervalued, short-term price volatility shouldn’t be the main concern.
About a month ago, we had lunch with one of PCRT’s real estate investors who apparently knows Pua Seck Guan personally. He spoke highly of him, especially on Pua’s technical know-how in commercial real estate development in Singapore and China. It was also mentioned that Capitol Centre at City Hall and 111 Orchard (both owned by Perennial) will be connected to the MRT.
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