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Everyone's chasing the 1.38% pop but OAS sitting at R0.29 looks like a value trap to me. Property fund reco…by @franco_cape on $OAS

FR
Franco C.@franco_cape·MemberBearish

Everyone's chasing the 1.38% pop but OAS sitting at R0.29 looks like a value trap to me. Property fund recovery narrative is getting ahead of the fundamentals when you look at the sector's rental pressures and refinancing headwinds.

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