Sell @ $1.18. Based on ESA internet trading refund, I'm assuming I got 1 lot (applied 10 lots for both accounts). Decided to sell as at $1.18, the Yield = 5.956% (FY11 – Mar) and 6.322% (FY12 – Mar) with Gearing @ 38.5%. Compared with MLT (Yield 6.78% @ $0.885 ; Gearing 38.6%) and AREIT (Yield 6.346% @ $2.08 ; Gearing 34.1%), it looks fully valued to me. Not forgetting also the assets were formerly JTC assets ie. similar or worst than AREIT (JTC re-born!). 😀
Just another REITDATA Sites site