Buy @ $0.83. Decided to add to my collection.
Am expecting DPU = 3.124ct for 1H12 ie. Yield = 7.527% vs 7.241% (using Q112 DPU = 1.51ct). Not that great as compared to average REIT Yield = 7.237% but I'd been intending to increase my stake for quite some time already (since I missed buying at $0.765 many weeks back!).
My main reason is I like what the Manager (F&N) had been doing since they took over from AllCo. The urgency is they'll be reporting their results in a few eeks' time. 😀
