Price on 25th Jan 2012 = $1.005
- Current Yield = 10.35%
- Price-to-book Ratio = 0.734
- Assets per unit = $2.288
- Debt per unit = $0.92
- Gearing = 40.2%
- Interest Cover Ratio = 5.6 times
AIMSAMP Industrial Trust has announced their results earlier which I thought was good as they manage to improve their yield despite not paying 100% of their distributions.
AIMSAMP Industrial Trust has moved up quite significantly from $0.93 to the current price which I thought was a strong indication that it is undervalued. At current valuation, it is still the REIT with the highest yield. It is also trading at a discount to NAV which to me is attractive.
I am vested in this REIT with 14,000 shares and will be collecting $364 worth of dividends in this quarter. I will consider increasing my exposure especially when Cambridge Industrial Trust is getting less and less attractive.
AIMSAMP Industrial Trust has moved up quite significantly from $0.93 to the current price which I thought was a strong indication that it is undervalued. At current valuation, it is still the REIT with the highest yield. It is also trading at a discount to NAV which to me is attractive.
I am vested in this REIT with 14,000 shares and will be collecting $364 worth of dividends in this quarter. I will consider increasing my exposure especially when Cambridge Industrial Trust is getting less and less attractive.
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