Buy @ $0.56. Yield @ 10.429%. Back again as shareholder. Very volatile in price. Last time after selling at $0.665, saw it goes all the way above $0.70. Previously, had also seen it drop to $0.50. Main risk is, all their malls are in Indonesia. One key attraction is their zero gearing. This quarter will see their maiden dividend – if I hold till then 😉
LMIR @ $0.665
Sell @ $0.665. No more left. Decided to clear at cost (suffer loss of broking charges) as the yield of 8.782% is not that attractive anymore as there are now more choices of yield at 9%+. Buyer code ’84’ – UBS. Noticed some occassional accumulations recently. May buy back some if it drops to $0.645 for 9% yield 🙂
