bought mine with average price of 0.7x and letting everything go today before the close of market @ 1.10
something is cooking inside and i dont want to be part of their recipe
might be a bad move as my broker also ask me to hold and say nothing fishy.. this is YTL and not something else
If is UOA or AR i might be panic but STA why worry? I responded to him saying that is okay let me lock down my profit since already keep awhile
i have been trading (not really trade but collecting) and i realize that the DY sucks... last time still can smell 8% or 9% or even one time i still remember 13% now really sucks... one thing i realize is the price movement for the past 3 quarter is crazy... i can say all my reits holding has capital gain but the DY is dropping down to 6% or even 4% which is disappointing
I am making decision to cash everything out... i am a very small ikan bilis player so i sell also wont move the price much
now putting on my thinking cap to see which one worth investing, maybe blueCHEAP... hahah all our blue is very green also very hard to enter
My best blue is still MAXIS with average price of 4.8x - collecting dividend every 3 months
with the price of MAXIS going up the DY also drop
DY = ANNUAL DIVIDEND PER SHARE / PRICE PER SHARE
im looking @ DY of 8% and now rarely got counter that can meet that expectation. once i collected my dividend, i will invest back into the share as well to keep it rolling as i am a long term (3 years to 5 years) with strong holding power investor
I'm interested to know based on what reason your broker trusts YTL so much? Did your broker comment on why Stareit suddenly having such "financial urgency" to delay payment beside raising funds aggressively?
Thanks for sharing.