Buy @ $0.75
A new addition back to my portfolio. Previously after I'd sold off my stake on earnings concern, A-HTrust had announced an unsolicited offer for their assets and prices had shot up above NAV = 72ct. Many moons had passed with no concrete offer announcement… except for regular updates that it's still on-going… Last evening, there was an SGX Annc on the latest NAV = 84.2ct… With that, there's now a potential ~10% upside if an offer comes true… In addition, a Japan asset which'd closed for reburbishment will resume operation in April… Last Q (Dec) DPU = 1.45ct (1.4ct if exclude Divestment Gains) means 2H DPU likely around 2.8ct to 2.9ct… Take the risk, grab some… 😀
