By A Singaporean Stockmarket Investor (ASSI) • July 2, 2011
Northtech
Some readers are concerned that I am divesting my investment in AIMS AMP Capital Industrial REIT. Is there a change in its fundamentals? Is it going down from here?I did blog about my reasons for partially divesting my investment in AIMS AMP Capital Industrial REIT. In a nutshell, I am just re-balancing my portfolio to reduce over-exposure to this REIT. It is a risk management exercise, nothing more.If my total portfolio size were twice or thrice as large as it is now, I would probably not reduce my investment in the REIT. I could, in fact, increase my long position in the REIT. Now, how's that for re-assurance?The presentation at the second AGM shows a robust set of numbers:Earnings per unit: 2.75cGearing: 31.9%Interest cover ratio: 4.9xNo debt due until October 2013.
What I would......
