- Current Yield = 7.62%
- Price-to-book Ratio = 0.953
- Asset Per Unit = $2.334
- Liabilities per unit = $0.807
- Gearing = 34.6%
It has been almost two months since I posted. Had been busy with work so have not been monitoring closely.
AIMSAMP Trust has reported their results earlier which recorded an increase of almost 10% in its DPU. (2.77 cents per unit). Moreover, its NAV has also increased to $1.52 which is above its trading price.
Following all these, we have a price-to-book ratio of 0.953 which is a respectable ratio, a yield which is also strong at 7.62%. With the completion of their AEI, I believe the DPU will continue to increase.
There is a lot more properties which has AEI potential and it is increasingly behaving as a organic growth REIT. Their yield and NAV will continue to increase. The question is how fast or slow it is.
I still have quite a substantial holdings on this (40,000 shares & 11,000 in CPF). I have previously thought of selling it but since the increase in yield, I will need to think it through again.
AIMSAMP Trust has reported their results earlier which recorded an increase of almost 10% in its DPU. (2.77 cents per unit). Moreover, its NAV has also increased to $1.52 which is above its trading price.
Following all these, we have a price-to-book ratio of 0.953 which is a respectable ratio, a yield which is also strong at 7.62%. With the completion of their AEI, I believe the DPU will continue to increase.
There is a lot more properties which has AEI potential and it is increasingly behaving as a organic growth REIT. Their yield and NAV will continue to increase. The question is how fast or slow it is.
I still have quite a substantial holdings on this (40,000 shares & 11,000 in CPF). I have previously thought of selling it but since the increase in yield, I will need to think it through again.
Hi jc.
ReplyDeleteI'd calculated the ratios with 2Q financial report, but getting different answers from yours le. Pls advise. Thank u!
yield = (2.77+2.55+2.51+2.77)/145.5 = 7.29%
asset per unit = 1454/ 621.1 = $2.34
liab per unit = 503.71/621.1 = $0.811
Thanks for your time.
Hi Mf Foong,
DeleteI am not too concerned with the minor differences that you have with regards to assets and liabilities. I may not be that accurate. But for yield, I took only one quarter then multiply by 4 so there is a difference.
;-)