Sell @ $0.965
Sold all, none left. Been in Q since 9:17am. Should have sold yesterday @ $0.98 as it was there for quite a while, but, got greedy.
Changed my mind after staring at the Yields for,
- CDL H-Trust (5.817% @ $1.97 ; 90% Payout) which is in Hotel assets (Singapore + Overseas)
- ART (7.285% @ $1.24) which is in Serviced Apts assets (Singapore + Overseas)
If I were to average them together (to create a Hotel + Servcied Apt cmbo) => 6.575% or 6.98% (if take into consideration CDLHTrust 90% Payout). Even after a discount (for Overseas risk), FE-HTrust Yield = 5.773% @ $0.965 doesn't look that attractive to me. But, since some of ART assets are in Europe where there's a financial crisis, FE-HTrust may be a better choice for some… 😀