One is ride hailing apps. Connecting passenger and cabs seamlessly. We also see the growth of internet orders maturing for foods and goods items. Follow by Video streaming services. Few other apps that I have been using which is unheard of before the crisis
1. Reporting baby status by nanny
2. Condo Services notification for parcels
3. "Live" Stock prices
4. Forex Exchange Rates
5. Company Outlook Emails and OC
6. Messenger Services
7. Mobile games
8. Banking Services
and many others. They have changed and improve our lifestyles. During this time, Retail Malls continues to prospers.Many people is still accustomed to shopping, eating and meeting outside the virtual space to connect. Quite a few Reits benefit much from it. As the saving grows, so are the needs for yield despite ever lowing with higher prices. There is demand with increasing cash with limited safer and reasonable returns investment opportunities.
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| Surely Beat STI in term of grow and dividends, right ? |
Logically people are worried that the market might crash based on increasing valuation. Using my favorite example again CMT. CMT today is 5% yield stock. Maybe 4.9%. Is cold hard cash and not some "future promises" as in dot come era where there aren't fundamental to speak of. Is a brick and mortar. The building is literally sitting there with good location and connectivity. The "artificial flooring" is 2.5% thanks to SSB which is theoretically risk-less for those who want the game to continue going for prosperity.
Even at 4%, many people may still choose CMT over SSB assuming the business returns maintain which is likely, and reason being there is demand with the system brimming with cash be it saving or earning. Will I sell at 4% ? Not sure. I will deal with it when times come but I am holding tight. Will we ever reach that level ? I think unlikely as something else could attract the cash for better returns. Even then, the CMT price may likely flatten out as any outflow will result in higher yield and the balancing act would comes in.
Stock price crashing ? Really ? Maybe if there is recession and people out of job and need to cash in on CMT stock. This will be market wide implication and not just CMT I suppose. And will this hit CMT mall business ? Interesting to find out.
Cory
2019-0412
