Sell @ $1.025
Sold off my recent buy, make some kopi-$$ only. Decided that a 31.4% premium over NAV = $0.78 looks high (but there are >10 REITs with premium >30% over NAV!). Altho' their AEI will raise the NAV somewhat, it still looks rather high to me. Decided to switch the funds over to Saizen, which had similar Yield of ~7% + similar FOREX risks. May be switching between these 2 REITs if their share price moves in opposite direction. 😀
