July 23, 2021

2 thoughts on “Suntec REIT continue to Shine with 2Q Latest Results

  1. How do you get a 10% discount to the book value? Just want to learn from you…

  2. Hi Simoen,

    This post was written close to 2 yrs ago. The discount is based entirely on pricing and net asset value (aka book value) at that time.

    At Suntec current pricing, the price to book value is 0.78 or 22% discount.

    Net asset value is total assets subtract total liabilities divided by the total number of shares.

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