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
-
Get accurate and real-time bus arrival information for public bus operators in Singapore, including SBS Transit, SMRT Buses, Go-Ahead Singap...
-
According to the Firefox developer team, Firefox 3 will be launched on 17th June 2008. From the Firefox Developer blog, they are attempting ...
-
Google url shortener service, goo.gl , is now much improved with newly included features like easier copy and paste, and ability to delete e...
-
*********** Try to sleep now, close your eyes Soon the birds would stop singing Twinkling stars, are shining bright They'll be watch...
-
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 ...
No comments:
Post a Comment
Do provide your constructive comment. I appreciate that.