FSL Trust's management secures a firm commitment to refinance 90% of outstanding debt. This is a good news to investor, at least it eases our tension toward its high debt. Can this main concern boosts its share price? Will investor gain the confident toward FSL Trust? At the moment, no clues on that yet. It is no doubt that the shipping line is fragile and market is weak now. Can FSL Trust rebounds to 0.4+ level? How long we have to wait for its rebound and create another high price?
Judge from current situation, it is hardly to believe that it can rebound strongly at short term as its not enjoying an high profit now cum they do not deliver an impressive sales figure. Can their sales figure being boosted? I think it is quite tough especially within this two years as overall economic condition not allowing such situation happen.
I am looking for strong rebound to lets go my portion and park my money to REITS. Although it is relatively lower dividend yield but higher price value appreaciation.
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