Sold my 30,000 shares of AIMS APAC REIT on 14 Apr at $1.17.
Total profit of $3672.25 (11.2%) in 1 month.
Total profit of $2271.87 (13%) in 14 days.
Reason for selling:
1) COVID19
The number of cases in Singapore and Oversea seem to be on high side.
Dont think COVID19 will be under control before end May.
Expecting the circuit breaker in Singapore to extend after 4th May or get even stricter (Hope i am wrong on this).
2) Financial result
Company will start to declare their Financial result over the next few weeks.
Result will be bad.
Even the financial result is good, the dividend will be lower to store up cash to prepare for unexpected rough days ahead.
This will cause share price to drop.
Related post:
3) Added: AIMS APAC REIT
4) Added: Sasseur Reit (April 2020)
5) SOLD: Sasseur REIT $18,268 (Profit)
6) Sasseur Reit - Scored Grade A for their FY18 result
7) Added: Sasseur Reit
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