InvITs falling below PB Value

I cannot really predict the prices, else I would be very wealthy :slight_smile:
But conceptually as it nears end of life (say 30 years) price will tend to zero.

However, Indigrid is managing its portfolio well and constantly buying up new assets, so it is somehow able to maintain the dividend and hence maintain the prices. This is kind of supporting the price.
Unfortunately PGINVIT is unable to do same, and hence the drastic reduction in price.

But again, I am only talking about concept. I cannot predict prices, especially in short term.

Well thank you , i wanted to know Whether Invts daily prices are depreciating one. on price scale chart Indigrid is moving up, thing is that if any one buys the InvTs without knowing the details , near Invts end life is a disaster

Daily price never have any relation with anything :slight_smile:
Need to look at long term.

For eg. look at this chart of PGINVIT

From May’21 it listed to Oct’22, price was only moving in one direction.
Why? Most likely because all youtube influencer kept on harping about 12% risk free dividend yield. Without ever understanding what an INVIT is.

Then reality hit, and PGINVIT unable to buy new asset compounded the pain.

So in short term prices can go anywhere, only in hindsight you get clearer picture. But again, Indigrid is managing its portfolio really well, so …

1 Like

Thank you , i understood the points , what you are trying to say , But still , if you look at the Indigrid chart , dividend payment is very attractive :slightly_smiling_face: looks like an ATM machine

3 Likes