SGX:D5IURetail REITs
Landmark REIT (SGX:D5IU) Stock Price Lags Sharp Profit Margin Rebound
Landmark REIT’s unit price has crept higher in recent weeks, yet today’s reaction looks muted compared to what just landed in the numbers. The market is still pricing the stock at a very low trailing P/E while the trust is reporting a net profit margin of 24% over the last twelve months and a return to profitability over a five year stretch. The earnings headline is simple: a cheap retail REIT is now putting up solid profit ratios, and unit holders must decide whether today’s cool response...