QUOTE(darkknight81 @ May 31 2009, 10:54 PM)
I beliv all the reits have low liquidity issues... and they have secure the ceva logistic tenants for the next 3 years ....
I beliv the current price weakness for atrium are due to their single portfolio of their properties... which is in warehouses only... .if economy turn worst ... whixch means all import and export will be affected... so can they still renew thweir tenant which are going to due next year....But at least i know 1 out of 4 properties tenants already renewed and with higher rate compare with last time from ceva of approximately 40k extra per month.......However.Risk is there for atrium...
but i made up my mind to enter 1100 lots of atrium at 0.64 and 0.645 sen last friday... one of the reits fans now
with dividend of 8 sen ... the DY is 12 - 13% ....but not sure can sustain or not in future as worries for their 3 properties tenants which are going to expire next year.....
say someone buying at that prices last week and wondering who was that. ?? :-) I beliv the current price weakness for atrium are due to their single portfolio of their properties... which is in warehouses only... .if economy turn worst ... whixch means all import and export will be affected... so can they still renew thweir tenant which are going to due next year....But at least i know 1 out of 4 properties tenants already renewed and with higher rate compare with last time from ceva of approximately 40k extra per month.......However.Risk is there for atrium...
but i made up my mind to enter 1100 lots of atrium at 0.64 and 0.645 sen last friday... one of the reits fans now
I've been looking at this counter for some time, there is still ongoing dumping though. for what reasons not sure.
Also, current yield is more like 10% as the last payout was only 1.6cents vs their normal 2cents +-
This post has been edited by tanmat: Jun 1 2009, 12:18 AM
Jun 1 2009, 12:16 AM

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