Posts
If I were to be in the mood, I would pen short comments to correct what I feel are bias thoughts. Of course, if the writer should be downright rude, I would return measure for measure. There is always room for discussion and even room to disagree. However, I take a very dim view of bigotry and bad behaviour.
One of the catalysts for the above paragraphs is an article I read in The EDGE regarding Olam's raising US$600 million through selling of more shares. This, I have no doubt, would dilute the interests of minority shareholders.
To the people who would avoid REITs but would invest in companies like Olam instead, I wonder how is Olam different in such an instance? Raising funds to buy more income generating assets sounds like a strategy for growth which any REIT might pursue.
Personally, my investments in REITs have done very well in the last two years with the exception of Saizen REIT but we know why that was so. If we are making money in our investments, we must be doing something right. However, we have to remain vigilant to ensure that our investments remain in good health. This is true whether we are invested in REITs or companies.
Olam International said to raise US$600m in share offer: Update
Monday, 06 June 2011
Monday, 06 June 2011
© 2011 - The Edge Singapore
Bloggy Award