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50% lease rebate for next 2 yrs. This only will be charge back after 2 yrs in 7 yrs time frame. Investor taking this into consideration as next 2 yrs income will be heavily impacted.
Kent, just wait and see how the pandemic development to determine whether to average down keep for long term or to cut loss.
what is your view. my price now is 0.85.
Soon Tak, I bought 1.08 and cut loss at 0.89. Now waiting if it drop to 0.7xx range or lower, then collect back. But it may not be so soon lah, need to wait if next QR worse
This is reason for cut loss, because I don’t need to lose from 0.89 —> 0.77, when I buy at 0.77 and it goes to 0.89, I have already covered my loss. If I keep it, I need to wait till it bounce back to 1.08 which it takes much longer time
