Buy @ $1.425
Itchy fingers… buy at my highest price ever. Read too many positive analysts' reports which have a target price of high $1.4x mainly due to the Aug-14 Master Lease renewal of Alexandra TechnoPark.
Using some of the projection data from the analyst's reports, my ball park estimate is, DPU to increase by ~10% at least . This translates to a yield of 6.7%+… Not bad, if correct (my estimates)…. I better go read the analyst's reports again more in depth… 😀
Q3 results was out on 21st (2 days ago) and DPU increased slightly (2.1911ct vs 2.0524ct) q-o-q. Today, there were selling by CP = UBS, 2-lots each time in 15s intervals… 😀