Cambridge @ $0.52

Buy @ $0.52. Yield @ 9.1% with Gearing 34.7%. Seller CP '70' CLSA did a big sell. 😀

Decided to average down my existing holdings, especially since it's now even lower than the Rights @ $0.531 a few months back. The latest financials released on 10-Feb shows a healthier Gearing with good Yield, so I'll take a risk here.

With today's announcement by AIMSAMPReit of a Private Placement (at 8-10% discount) to fund new acquisitions, I'm also thinking of switching my AIMSAMPReit to Cambridge as both gives 9%++ Yield. My fear of AIMSAMPReit is they seem rather aggressive to grow their AUM and perhaps at the expense of existing shareholders eg. Huge Discounts via Private Placements.

 

Time Price Trade size Type
16:39:58 0.520 250,000 Sell Down
16:32:35 0.520 1,334,000 Sell Down
16:17:47 0.525 2,000 Buy Up
15:52:46 0.525 70,000 Buy Up
15:51:02 0.525 1,000 Buy Up
15:44:14 0.525 30,000 Buy Up
15:36:52 0.520 19,000 Buy Up
15:36:24 0.520 20,000 Buy Up
15:36:21 0.520 400,000 Buy Up

 

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