06-01-2011, 11:38 PM
(06-01-2011, 10:31 PM)Nick Wrote: The Business Trust asset class has been hugely unpopular among local investors due to its poor operating record during the credit crunch in 2009. I have compiled a list of business trust and how their share prices have performed since IPO...
Its quite ironic that a 1.5% Fixed Deposit out-performed all but 2 business trust ! That's over 80% of them !!!
Nice compilation. I see something else from these data but I guess it's nothing novel. IPOs are priced high. I am also guessing from my stomach that if we did similar compilation on stocks (i.e. using IPO prices as the starting point), the result will not be too far off.