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。
-
On 25 Mar 2008, I received a malicious email claiming to be from Singnet . That email attempts to trick someone into replying with their Sin...
-
For anyone living in or visiting Singapore, mastering the public transport system is a rite of passage. While the MRT is efficient, the exte...
-
I recently wrote a code snippet to fill arrays with a value. The below method is a generic method that will accept different data types. Hop...
-
*********** Try to sleep now, close your eyes Soon the birds would stop singing Twinkling stars, are shining bright They'll be watch...
No comments:
Post a Comment
Do provide your constructive comment. I appreciate that.