FCOT @ $1.225

Buy @ $1.225

Had been waiting for lower prices for a while and finally gave up as Quarterly Results will be out on 20-Jan. It immediately dropped to a low of $1.21 before a kelong close at $1.225…

Yield = 8.163% if DPU is maintained at Q415… but if it dips back to Q315 DPU, Yield = 7.7%… Larger DPU dips means lower Yield… but, I'm expecting it to be at least 7.5%… Consolation is I'm getting at a big discount to the $1.48 during Private Placement on 3-Aug-15… 😀

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