Thursday, April 9, 2015

Latest Action - Divested Ascendas Industrial Reit

Just a head up to readers.

Reason:

1) I believe current valuation is without MOS

2) 3 years worth of dividends in the bag, I think profits off table.

3) I believe the odds of me getting back at it again within the next 3 years at a lower price is high

4) It has nothing to do with the business fundamental which I think is still sound, it is neither overly stretched in valuation too. I just want to hold more cash and distribute the earnings into my 2 of my different funds. Investment fund and Emergency fund.

Why I like it, the reasons are here  and here in my post posts.


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