After keeping Mapletree Logistics Trust since 24 Aug 2009, I have decided to sell everything at S$0.875/share and settle for a 35% profit. If dividends were taken account for, the gain is a good 42%. The counter has given me a good over 9% yield for the past one year :)
The reason for the sale is due to likelihood of dividend dilution after issuance of new preferential shares. When the new Mapletree Industrial Trust is launched next month, will the Logistic Trust be forgotten? Let's not forget GIC's coming Singapore's largest IPO in history - Global Logistic Trust.
If there is an opportunity, I would still go for the counter in the future provided it fell more than 5% on a single day (hopefully very soon).
Subscribe to:
Post Comments (Atom)
Popular Posts
-
新加坡人口400万，亚洲人口4亿，全世界人口6亿。 但是，我一人可能就很有可能是世界最傻的了。我真是个不折不扣的大木头。真是受不了自己。
-
Ever found yourself staring at a folder full of files and wishing you could batch append them all with a .txt suffix? PowerShell makes this ...
-
I would like to apologize that sigining of my guestbook is not possible at the moment due to an unexpected bug. There is already 74 entries ...
-
*********** Try to sleep now, close your eyes Soon the birds would stop singing Twinkling stars, are shining bright They'll be watch...
-
#2013 in review:- Work) Little change » Status quo. Life) Pursued » Achieved. I know #2014 will be very different.
No comments:
Post a Comment
Do provide your constructive comment. I appreciate that.