- Current Yield = 7.10%
- Price-to-book Ratio = 0.973
- Assets per unit = $2.298
- Debt per unit = $0.844 (including current liabilities)
- Gearing = 36.7%
- Secured NAV = $0.537 (38%)
There is a lot of news about AIMSAMP I Trust since I have last posted. Firstly, they have successfully raised cash through rights which I have subscribed. I supported this round of rights issue simply because they are raising cash for Asset Enhancement which will raise the value of our assets. It also brings down the cost price of my purchases.
Secondly, its results shows a better-than expected yield of 7.10%. I have expected a 20% decrease in its yield but it turn out to be only 10%. Thus, I am going to receive about $1000 worth of dividends as supplementary income for me.
Statistics has shown that the yield is Ok at 7.10% while its price-to-book ratio is about 0.973 which is very close to a One. Doesn't look attractive anymore but its growth plan is visible so I still think it is good.
Currently, I have 40,000 shares worth about $56,000. I won't increase my holdings but I also won't sell it at this point either.
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