Buy @ $0.46. Taking some risk to buy as Gearing @ 43.8% is one of the highest for SREITs ie. high chance of rights issue and a 1-for-1 will dilute the yield to 6%. Yield @ 11.728% but AREIT (another Industrial REIT) which released their results yesterday showed slightly lower DPU (q-on-q) likely due to lower occupancy and declining rental rates. Seller ’83’ – CitiGrp. 😀
Big players around earlier,
09:26:54 0.460 300,000 Sell Down
09:24:56 0.460 180,000 Buy Up
09:24:33 0.460 20,000 Buy Up
09:24:23 0.460 20,000 Buy Up
09:23:46 0.460 30,000 Sell Down
09:23:17 0.460 10,000 Buy Up
09:23:17 0.460 1,000,000 Buy Up
09:08:57 0.460 20,000 Buy Up
09:07:02 0.460 20,000 Buy Up
09:06:18 0.460 20,000 Buy Up
09:05:03 0.460 6,000 Buy Up
09:00:53 0.460 30,000 Buy Up
08:59:01 0.460 275,000 Sell Down