There isn't much to say about LMIR's results but this is a quick blog post in response to a guest blogger's request. (Hey, you know who you are and I am still waiting for your next guest blog, ok? LOL.) In my last blog post on LMIR, I said that: "... we are likely to see DPU in S$ terms recovering in the next quarter as financial expenses normalise and I have estimated that a DPU of 0.66c is realistic." Well, LMIR has done a bit better and declared a DPU of 0.68c for the quarter. Making the assumption that all things remain equal, at 41c a unit, we are looking at a distribution yield of 6.63%. Now, I would ask the question that with the issues which investors in LMIR have to accept, is 6.63% attractive enough? Issues? What issues? I am going to be lazy. If you cannot remember ......