Ok I am rather unlucky, as demand GREATLY exceeds the supply of SPH reit shares, I am so unfortunate to not even get 1 lot of SPH reit shares.
Anyway, with such high demand for d reit shares, I expected the share price to open at a higher price to its IPO - indeed, at the end of day 1, closed at 0.985. Impressive I would say, based on its debut performance.
Another reit IPO - OUE HTRUST, made its debut at a price near its IPO price of 0.88, which is quite disappointing as reports did reflect high demand for the IPO as well. Those who wanted to stagg might have failed based on its debut performance..
Well, seems like I have to park my savings aside first before making my first move in the stock market. All blue chips in SGX now seems too overpriced to invest on, I shall bide with time before investing in a good one.
Anyway, I've been following RafflesMG quite closely these few days. As of today down 1.5%. As people starts getting more health conscious and the stable need for healthcare services, it seems like a good investment. Healthcare sector should grow from strength to strength.
Continue to bide with time!
HUAT
SGBoy94
No comments:
Post a Comment