Another choice to make here: OCBC is offering a cash or stock option.
Similarly to Mapletree NAC, I think cash is the way to go for this time too as I think OCBC is not that undervalued too. Offer price is $11.93 and current price is $12.40. We might see some short term weakness in price due to the lockdown so not too inclined for this.
Great to have the dividend in- but here comes the choice to choose between cash or shares or both.
Personally, I will be inclined towards cash as I think $1.04 isn't very attractive for me given the recent lockdown which will affect REITs in the short term and inflation concerns in the US. Interest rates are also concerning. Price now is $1.06 which is only a 1.5 cent premium. Will skip this time!
Another choice to make here: OCBC is offering a cash or stock option. Similarly to Mapletree NAC, I think cash is the way to go for this ti...
