Buy @ $0.69
Re-entering into A-HTrust. The trigger is the Q3 (Dec-14) results released on 6-Feb, which stated that "the unwinding of CCS was completed on Oct-14". For reference DPU = 1.3ct (1.57ct w/o CCS). This gives an annualised Yield = 7.536% / 9.1% (no CCS). As DPU are paid on a semi-annual basis, I'd project next payout, Q4 (Mar-15) = 1.3ct + 1.57ct = 2.87ct or Yield = 8.32%. The Yield = 9.1% would only be attainable for Q2 (Sep-15) payout.
However, take note that A-HTrust assets are mostly overseas (85%) and the strong S$ will be punitive to the DPU. Further, A-HTrust mgmt don't have a good track record (with me), having done previous acquisitions which resulted in Share Price declines… so, have to be very watchful… 😀