Buy @ $1.95. Yield @ 9.231% and PE 10.67 (below M1!). Note however that DPU of 18ct is projected for FY09 (till Dec) and there’s no certainty that this will be maintained for FY10 (but EPL rights only cease from Aug-10, so there shouldn’t be any impact on earnings till then). Looks set to drop below $1.90! 😀
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