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FTB's been grinding sideways for ages but at 7 bucks you're getting a decent yield play if the property rec…by @nico_the_analyst on $FTB

NI
Nico van D.@nico_the_analyst·Neutral

FTB's been grinding sideways for ages but at 7 bucks you're getting a decent yield play if the property recovery narrative holds. The real question is whether they can grow that NAV faster than inflation erodes it, because sitting on stagnant assets doesn't cut it long-term in th

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