Category: ARA

Buy @ $1.615

Continue to buy as it drops. Going to hit my target Qty soon… 😀

Buy @ $1.625

Add to my collection. Seller seems to be back! But, selling at a slower rate. 😀

Buy @ $1.64, $1.63

Quite a surprise to see it drop as STI was +57.93 and this is supposed to be quite a good fundamental stock. Perhaps, it went up too much yesterday. Hit a low of $1.62 before closing @ $1.655, -2ct

Despite some not-so-positive comments in VB by some of the more established forumers, I still think it's suitable for my longer term hold. Will collect more on any weakness. 😀

Buy @ $1.595

Add more to my portfolio. Volume is now lower and hopefully drying up ie. big seller is done for now. If so, prices ought to go back up soon… I hope only… 😀

Buy @ $1.605, $1.58, $1.57, $1.575

The seller sure has a lot to sell…. 😀

Buy @ $1.64, $1.635

No idea why it'd been dropping recently, -6ct today. I was planning to acquire a stake long ago but the prices just kept getting higher. Take this as an opportunisitc buy ie. try for short term. For longer term, the yield = 3% is unattractive.

I like their biz, which is earnings from managing REITs listed in Singapore (CLT, Fortune, Suntec), Malaysia (AmFirst) & HK  (Prosperity, Hui Xian) + Fund Mgmt (Aisa Dragon Fund, Harmony Fund,..). Every time any of the REITs acquire, dispose… they make some fee. If AUM goes up from rights issues, placement,… that means more fees… The key risk is their removal as REIT Mgr, but that'd be very difficult to happen as it requires EGM and there're many obstacles in place eg. Loans tied to REIT Mgr.. Key event coming up is Fortune EGM on new acquisitions… 😀