S$0.975 SPH REIT (SK6U.SI) after-hours oversold bounce: scope for 4.69% upside
The SK6U.SI stock sits at S$0.98 intraday and S$0.975 last trade in after-hours trading on the SES, setting up a classic oversold bounce opportunity. Volume spiked to 13,095,900 shares versus a 50-day average of 1,961,205, signalling short-term capitulation followed by buying interest. With a trailing PE of 8.86, dividend yield near 4.77%, and book value per share at S$0.94, the case is for a measured rebound toward the 50-day average and short-term price targets. We outline the setup, risks, and a clear trade plan
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