$CapLand Ascendas REIT(A17U.SG)

I just bought 1,000 units of CapitaLand Ascendas REIT today!

Following solid Q1 results, I see this pullback as a great chance to buy while others are selling.

At S$2.49 it trades at just 1.07x P/B, with a trailing yield of ~4.91% and dividend yield at around 6%.

Looks like fair value and steady income to me! ✅

Time to trade defensively and collect passive income 😁.

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