Yesterday, JAPAN reported worries on Further Deflation.... How would Further Deflation impact on Saizen\'s rental income Rates and Revenues in JAPAN? Thanks!
A stronger Yen means that imports are cheaper in Japan and when things get cheaper, deflationary concerns are valid. When things are deflationary, companies are usually not likely to embark on capital expenditure or hiring. This might hurt employment and the economy might shrink. For Saizen REIT, I see limited impact because housing is a basic need and the REIT owns mass market apartment buildings which are affordably priced. A stronger Yen is good for unitholders as we will be paid more in distributions in S$ terms.
Price action refused to touch 15.5c today. Extreme low volume day. The 50dMA, 100dMA and 200dMA have flattened. Should we expect sideways trading for a while from now? MACD has a buy signal, for what it\'s worth. MFI is stubbornly at 50%. Buying momentum is at equilibrium. This might be a frustrating time for potential buyers and sellers alike.