Bought 10,000 shares of AIMS APAC REIT on 23 Oct at $1.36.
Reasons for buying AIMS APAC REIT:
1) With the Book-Building execrise (Link) on 16th Oct, AA REIT share prices dropped from $1.48 to $1.37 (7.4% drop).
According to official press release, the intention is to diversify the investor base, enhance the investor profile, and to improve the trading liquidity
of the units of AA REIT.
This is great opportunity for non AA REIT holders but bad news for existing AA REIT holders.
2) Dividend Yield of 7%
3) PB of 1 (NAV $1.34)
4) Further Growth opportunities via untapped GFA
5) Q2 Financial result will be release on 5 Nov (Before trading hours).
This mean $$$dividend$$$!!!!!
No comments:
Post a Comment