AIMSAMPReit @ $1.175

Sell @ $1.175. Suddenly +2.5ct ; STI +9 @ 2969. Low volume, easy to manipulate, high was $1.23! Some free cash again, can hold off selling SingPost for now.

I was looking at my REITs portfolio and realised I'm heavily exposed to Industrial REITs – Sabana, Cambridge & AIMSAMPReit. My initial thoughts were to sell either Cambridge (Lowest Yield) or Sabana (Highest Gearing) . See table below for comparisons,

 

Stock Price Yield Gearing
Sabana $0.955 9.016% 34.1%
Cambridge $0.540 8.292% 33.1%
AIMSAMPReit $1.150 9.043% 30.7%
AIMSAMPReit $1.180 8.814% 30.7%

 

11:52AM

Sell @ $1.18. I Q'd and got done. All local buyer CP '12' – Lim & Tan ; '29' – DBSV for the earlier ones.

If not for the local CP, I'd strongly suspect that the share prices are being pushed up in preparation for a Rights Issue.  Gearing is 30.7% but current market condition is conducive for a Rights Issue.

 

Time Price Trade size Type
11:06:39 1.170 9,000 Sell Down
11:06:39 1.170 1,000 Sell Down
11:06:36 1.180 10,000 Buy Up
11:06:36 1.180 10,000 Buy Up
11:01:07 1.180 10,000 Buy Up
11:01:07 1.180 10,000 Buy Up
10:49:45 1.200 2,000 Buy Up
10:47:16 1.230 38,000 Buy Up
10:47:12 1.170 10,000 Buy Up
10:47:01 1.155 2,000 Buy Up
09:00:53 1.150 4,000 Sell Down

 

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