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30-06-2021, 10:54 AM
(30-06-2021, 08:14 AM)¯|_(ツ)_/¯ Wrote: Eagle Hospitality Trust
Completion of Sale of Non-Auctioned Chapter 11 Properties
https://investor.eagleht.com/newsroom/20...9GO4.1.pdf
https://governanceforstakeholders.com/20...w-too-far/
“Before unitholders apply for units in a new listing, including foreign ones, in what seems to be assumed to be a “sure-win” REITs sector, they may want to ask themselves why certain foreign trusts are listing in Singapore especially when the sponsor is not local and the assets are overseas….the REIT market in U.S. is much bigger, so the question is why are some REITs with U.S. assets seeking listing here rather than back home…we believe it is important for investors to understand what they are investing in under our disclosure-based caveat emptor regime.”
But we did not foresee that it will take less than a year after listing for the eagle to fall.
Stay home and stay safe, everyone.
Prof MYT has made excellent points in his post. In case any one is ever tempted into an overseas Trust, we should make it a point to read this to remind ourselves how easy it is to lose money in it.
Disclaimer :-
I am not an investment professional.
I encourage you to do your own independent "due diligence" on any idea that I write about, because I could be and probably am wrong.
Nothing written here is an invitation to buy or sell any particular stock.
At most, I am handing out an educated guess as to what the markets may do.
The market will always find a new way to make a fool out of me (and maybe, even you!).
Even the best strategies of the past fail, sometimes spectacularly, when you least expect it.
I am not immune to that, so please understand that any past success of mine will probably be followed by failures
I am not an investment professional.
I encourage you to do your own independent "due diligence" on any idea that I write about, because I could be and probably am wrong.
Nothing written here is an invitation to buy or sell any particular stock.
At most, I am handing out an educated guess as to what the markets may do.
The market will always find a new way to make a fool out of me (and maybe, even you!).
Even the best strategies of the past fail, sometimes spectacularly, when you least expect it.
I am not immune to that, so please understand that any past success of mine will probably be followed by failures