Someone who managed to get some units of Sabana REIT at IPO asked me if it is safe to buy more units of the REIT now? Before the counter announced its first income distribution of 3.04c, I blogged about how I felt Sabana REIT was a great investment then.
Of course, there were nay sayers and people who told me I was wrong. There were also many who got in at the REIT's IPO and were burnt, refusing to look at the REIT anymore. There was also a friend who refused to be vested in the REIT simply because it is Shariah compliant. Now, that really boggles the mind but I suppose there is no accounting for such things.
Before I drift off too much in my discourse, back to the original question......