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)
-
Google url shortener service, goo.gl , is now much improved with newly included features like easier copy and paste, and ability to delete e...
-
If you have been reading the mainstream media or the social media, it is likely that you would have heard of SimplyGo - an initiative by the... -
LinkScanner , which AVG launched as a free product, performs real-time scanning of webpages as users browse and blocks those pages that may ...
-
The below is LTA's official MRT map that includes both current and future train network. -
Installed FortiClient recently but the challenge in disabling the application/service from running automatically on every start-up annoyed m...
No comments:
Post a Comment
Do provide your constructive comment. I appreciate that.