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AIMS AMP Capital Industrial REIT: Results.

Wednesday, May 12, 2010

A nice set of numbers and within expectations.  A dpu of 0.5376c will be paid out on 28 June. Annualised dpu of 2.1504c or an annualised yield of 10% based on a unit price of 21.5c.  Low gearing of 28.9% and a NAV of 31c make this REIT a very attractive proposition for anyone seeking reliable high yields as a source of passive income.



Technically, there seems to be some underlying support for this REIT.  MFI and OBV are both uptrending, although choppy. The MAs are uptrending too. 23c remains the resistance to watch and support has been established at 20.5c.  I would very much like to accumulate more units of this REIT.

See presentation slides here.

Related post:
High Yield Portfolio.

8 comments:

Anonymous said...

Hi,

Very nice. Must thank you for mentioning this reit in your blog, else it'll be off my radar.

Wee~

AK71 said...

Hi Wee,

You are most welcomed. :)

Can't blame you for not looking at this REIT. After all, it did suffer from tons of negative publicity during its last days as MI-REIT, in part thanks to CIT's CEO. $%^&@#

Er... do you like shopping? This Jipaban online shopping that's advertising on my blog now is quite cool. I took a look. Wanna take a look? Ahem... ;-p

Drizzt said...

did not have very good experience with this reit when i have it at ipo at 1 buck.

AK71 said...

Hi Drizzt,

Yup, for those who got really badly burnt by this REIT in the early days, it's hard to overcome the psychological barrier. It's the same story with Saizen REIT for some. :)

I hope this post helps:

http://singaporeanstocksinvestor.blogspot.com/2010/04/avoiding-memory-effect.html

Ultimately, if we don't feel comfortable with something, just stay away from it, right? Being able to sleep well at night is priceless. ;)

Anonymous said...

Hi AK71,

I am new here and would like to know if I buy this stock today, am I still entitled to the dividend of =.5374. Tks, Gal

AK71 said...

Hi Gal,

Yes, you will be entitled to the income distribution as it will only go XD on 20 May. :)

Raelynn said...

i'm going to ask a very noob question. distribution they will send cheque or deposit directly into bank account??

AK71 said...

Hi Raelynn,

Just like dividends, income distributions will be credited into your designated bank account. :)

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