Mapletree Log Trust (M44U): Expecting gradual uptrend momentum
Mapletree Log Trust (M44U):
Expecting gradual uptrend momentum
bThe trust continues to see supply exhausting (improving FFI) and RS remain above zero.
The trust could potentially attract more demand as interest rate and FX environment stablise from a less hawkish FED and softer dollar.
Dividend yield at the moment is 4.71%.
1st target is at S$1.77, next is at S$2.00. Stop loss is below S$1.59.