- Current Yield = 6.80%
- Price-to-book Ratio = 1.001
- Assets per unit = $2.208
- Debt per unit = $0.741 (including current liabilities)
- Gearing = 33.5%
AIMSAMP REIT has delivered a stable result which translate to a yield of 6.80%. Its trading price have risen so much that it is now trading around its NAV, making it unattractive.
We are going to see the first set of results in May 2013 which should include rents from its redevelopmental plans of 20 Gul Way. Remember that we are looking at an increase in yield to 7.8% by 2014 and part of it should be seen in its May data. Looking forward to it.
Moreover, there is a report (forgot which brokerage already) that shows that the portfolio which AIMS AMP REIT holds has a lot of redevelopment potential. Being able to grow from within is great as it reduces its reliance on acquisitions for growth. Thus, I believe its NAV and yield will continue to move upwards.
I am vested with 25,503 shares and will keep it for long-term to participate in their growth plans. I will also be participating in its DRP to acquire more shares.
We are going to see the first set of results in May 2013 which should include rents from its redevelopmental plans of 20 Gul Way. Remember that we are looking at an increase in yield to 7.8% by 2014 and part of it should be seen in its May data. Looking forward to it.
Moreover, there is a report (forgot which brokerage already) that shows that the portfolio which AIMS AMP REIT holds has a lot of redevelopment potential. Being able to grow from within is great as it reduces its reliance on acquisitions for growth. Thus, I believe its NAV and yield will continue to move upwards.
I am vested with 25,503 shares and will keep it for long-term to participate in their growth plans. I will also be participating in its DRP to acquire more shares.
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