property valuation 係由 valuer 做, d underlying data (rent roll) 係 management 比, 跟住比 d 濕 9 auditor audit, 所以而家 2019 Dec YE 出果 d annual report d valuation 都唔係跌好多. 如果下半個勢冇咁差, management 又可以用 d forecast number 比 valuer 做返大個 valuation
因此 REIT既 P/B 都係 for reference only, 反而睇返 historical dividend yield 個 range 黎 forecast 股價高低位會有用 d, dividend 就用 average la, 就算今年減派息, 遲下應該升返既.....
而家搭公共交通工咁危險.有返咁上下實力既人,會渣多D私家車避武肺
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