CDL - The Worst Is Over. Or More To Come?CDL Reit has seen a sharp drop due to the circuit breaker and flight aviation stop around the world, resulting a big drop in earnings and drop to its DPU. Currently hovering close to the resistance point of 0.94 may have a rebound subjected to the following conditions; Gov proactive in stimulating tourism with fast lane approvals with Asean Countries Changes in the regulations for Reits providing additional reliefs 45m tourism board spending to stimulate local economy. CDL management proactive in reducing cost expenditure to ensure profitability Sufficient debt room if additional loans needed to be taken currently at 37% (limit is at 50%) Vaccine such as from Moderna advancing to late stage testing (monkey test - aiming for year end launch) www.bloomberg.com Target Price at 30 Oct - 1.19 If things does not pan out, the next resistance would be around 0.84 Stimulus in tourism dont pan out as per gov plans Vaccine delayed local tourism not effect. Target Price at 30 Oct - 0.95 by Furball_Machines1