Strategically located within the large urban middle-class population catchment areas in Greater Jakarta, Bandung, Medan, Palembang and Binjai, LMIR Trust's portfolio properties are everyday malls favoured by middle class to upper-middle income domestic consumers in Indonesia. Tenants at the Retail Malls and Retail Spaces include well known retailers, such as Matahari Department Store, Carrefour, Hypermart, H&M, Debenhams, Giant Hypermarket and Sogo. The anchor tenants are complemented by popular consumer brands such as Bread Talk, McDonald's, Starbucks, Ace Hardware, Fitness First, Timezone, M&S, Adidas and Giordano. )
LMIR was in my watchlist. Bought 20 lots @ Fibonacci retracement of 61.8 during the President Trump election. LMIR was in consolidation and started to move uptrend (@$0.39). The indonesia economy is doing well and GDP project to be above 6%. President Joko policies will promote economic growth. Brick and mortar retail mall such as Lippo malls will benefit. I predict the DPU for Lippo malls will improve. Will wait for opportunity to long.
source: Chart Nexus