- Yield = 7.31%
- Price-to-book Ratio = 0.968
- Assets per unit = $1.128
- Debt per unit = $0.420 (including current liabilities)
- Gearing = 37.2%
- Secured NAV = $0.186 (27% of trading value)
Cambridge Industrial Trust just reported its results recently which they have continued to maintain their performance. Here are the statistics.
Yield is at a modest 7.31% which is slightly lower than most industrial REITs. Price-to-book ratio is maintained at 0.968 which is good because it is trading at a discount to NAV. Gearing is healthy and there is a secured NAV of 27% of its trading value. This means that $0.186 is secured in the worst case scenario. Not the best in the market though.
Cambridge was the first REIT that I bought when I first started investing and held on to it for the longest period which is about 5 years. I sold all my holdings sometime in 2013 as I needed the cash for something else. Today as I look at the statistics, I think there are better ones out there with higher yield and safer margin of safety like AIMSAMP Industrial REIT, and SoilBuild REIT. I am still grateful for the dividends and capital appreciation that Cambridge has given me earlier.
Yield is at a modest 7.31% which is slightly lower than most industrial REITs. Price-to-book ratio is maintained at 0.968 which is good because it is trading at a discount to NAV. Gearing is healthy and there is a secured NAV of 27% of its trading value. This means that $0.186 is secured in the worst case scenario. Not the best in the market though.
Cambridge was the first REIT that I bought when I first started investing and held on to it for the longest period which is about 5 years. I sold all my holdings sometime in 2013 as I needed the cash for something else. Today as I look at the statistics, I think there are better ones out there with higher yield and safer margin of safety like AIMSAMP Industrial REIT, and SoilBuild REIT. I am still grateful for the dividends and capital appreciation that Cambridge has given me earlier.
Perhaps this can help to enhance your wealth better!
ReplyDeletehttp://cheongsoonhaur.com/product/haur-feng-shui-permenant-wealth-feng-shui-sector-determination-setup/
Hi Angels,
DeleteThanks! But I don't believe in it.
hi how exact do you calculate your secured NAV? thanks.
ReplyDelete