Sell @ $1.31.
Results were out this AM before mkt open. DPU = 2.5ct, lower than last Q = 2.7ct. According to their News Release, it was due to
"Loss of rental income during 20 Gul Way’s redevelopment and the sale of 31 Admiralty Road."
Yield = 7.634% ; Gearing = 29.7% ; NAV = $1.4003
Yield is no longer attractive to me for an Industrial REIT. Gearing is ok and discount to NAV is good. Still, take profit 1st (this batch is profitable) and coonsider to sell the older ones at a loss. 🙂