Buy @ $0.87
Collect back. Try for Yield Rotation Strategy as 1H results will be out on 11-Feb (AM). Am expecting DPU to remain at 3ct+ despite JPY being -11% lower from end-Jun '14 to end-Dec '14 as they have hedged JPY for the 1H DPU @ 81.9 vs 90.41 (end-Dec '14) vs 87.18 (now). But, NAV will likely be hit, my est. $1.085 vs $1.14 (Sep-14) vs $1.22 (Jun-14).
Going forward, chances of lower DPU for next Half (2H) is very high… will depend on their next DPU Hedge Rate (hv to chk fm next results annc)…. but positive signs are JPY had recovered a bit (~3.5%) since end-Dec '14 + latest MAS policy to stregthen S$ at a more gradual slope.
Anyway, try my luck for a short term bet… 😀