Yield Watch:Bought K-Green Trust @1.14
In the end, a lot of stocks that I wanted to get into are pretty high.
Today, for no apparent reason, Cache Log, Plife Reit and First REIT all shot up.
The current yield for a projected DPU of 7.83 cents is 6.86%. Current Debt levels is 0 debt and it’s a utility business that can change pricing based on inflation scenario.
The purchase size is small and I do have certain reservations about the Trust, so I will observe before adding more.
Right now the benefits does outweigh the negatives.
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Related posts:
- Yield Watch:Frasers Commercial Trust Figures Tweaked
- Yield Watch:ARA Asset Management, First Reit, FSL Trust looks good
- Yield Watch:Sold CMPacific and Paring down SingPost. Bought Starhub
- High Yield Investing:Bought Starhub @ 2.37
- K-Green Trust weak technicals: To Accumulate?
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Comments
Hi Drizzt,
would you be able tell us what is your portfolio just for interest sake?
Its ok if you mind sharing.
Thanks
Seems that there was a reason for CACHE shooting up after all. Apparently the good news leaked out before the news hit the stands. Hmmm…insider information…*strokes chin*
hi huat, i am still thinking how to present it. the one on the right sucks. i would probably improve it this wekk.
Hi Drizzt, What is your take on pacific ship trust?
Although it has quite an attractive yield, my thinking is that its not so sustainable.
Hi Drizzt,
I am still not vested but keeping an eye on this. If it slips past me, so be it.
http://singaporeanstocksinvestor.blogspot.com/2010/07/k-green-trust-stable-source-of-passive.html