- Yield = 10.14%
- Price-to-book Ratio = 0.69
- Assets per unit = $0.216
- Debt per unit = $0.001 (including current liabilities)
- Gearing = 0.5%
- Secured NAV = $0.145 (97.8%)
Global Investment Limited has been racing ahead with an increase from $0.14 to $0.148. This run means my investment has appreciated by $4,800 which is a fantastic bonus to me.
With the current pricing, let's look at the statistics. Yield is still at a favourable 10.14% and price-to-book ratio is at 0.69 which means I am still buying at 30% discount. However, the secured NAV (my estimate) is currently at 97.8%. Still good but no longer as attractive.
I should have noticed that at $0.14, the price is good to enter. Just that currently I am already holding on to almost 600,000 shares worth close to $90,000 and that hinders me from entering more. I think I should just be glad that I have ride on the wave and it appreciated then to think of whether I have invested more in this. With some cash on hand, I am looking at other counters to diversify (slightly) of my holdings.
With the current pricing, let's look at the statistics. Yield is still at a favourable 10.14% and price-to-book ratio is at 0.69 which means I am still buying at 30% discount. However, the secured NAV (my estimate) is currently at 97.8%. Still good but no longer as attractive.
I should have noticed that at $0.14, the price is good to enter. Just that currently I am already holding on to almost 600,000 shares worth close to $90,000 and that hinders me from entering more. I think I should just be glad that I have ride on the wave and it appreciated then to think of whether I have invested more in this. With some cash on hand, I am looking at other counters to diversify (slightly) of my holdings.
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