Texton Property Fund (JSE: TEX)

2.46, that's lekker momentum for a property play.

2.46 and green. Well looky look.

2.40 now, that's a drop hey.

Eish, 2.40 now. Down hard today hey.

2.40 now. Down 4% but holding above the lows.

2.50 again. Not holding.

2.50 now. Bit of selling today.

2.60 now. That's a proper dip.

2.60 now, ouch. Hoping for a bounce tomorrow.

2.60 now, that's a decent dip to look at.

R2.75, down hard today.

R2.75 now. Property funds taking strain.

Texton at R3.07 is trading below pre-pandemic levels and the dividend yield is decent enough to justify holding, but the property sector remains structurally weak so I'm not adding until there's proof of actual tenant demand recovery.

TEX taking a 7.69% hit today. Anyone know if this is just profit-taking after the recent run or is there actual bad news I missed on the property side?

Today's 4.55% pop on TEX feels more like relief bounce than genuine conviction, especially with property sector yields still under pressure and vacancy rates eating into fundamentals. I'd need to see distribution cover improve before backing this rally any further, not just chase

TEX popped 4.55% to R2.76 today and I'm holding my position, reckon the property market recovery narrative is finally getting some traction after months of sideways action.

TEX getting hammered down 12.67% today, that's a proper capitulation move. Something spooked the market on this one, worth checking what's triggered the dump before catching a falling knife.

TEX catching a minor selloff at R3.00 but the dividend yield is looking fairly juicy right now given the property market reset we've seen. Not convinced this weakness sticks around once the market remembers this fund's actual income generation capabilities.

TEX down a fraction today but the dividend yield at current levels is starting to look decent for income hunters in this rate environment. Property funds are still pricing in some uncertainty though, so waiting for clearer earnings visibility before adding.

TEX getting absolutely hammered down 33% today, something material must have dropped. At R3.01 the yield is probably looking tasty on paper but I'd want to know what spooked the market before nibbling. Real estate funds have been under pressure with interest rates elevated, so th