Was alerted to this counter from AK 71 blog.
He did a quick 1-day trading, and made money. Power. I did a preliminary look at see if warrant further digging and its investment merits.
First, after the sharp fall from its IPO price, yield not including non-recurring item is now 8.4%
Not bad. But Trusts yield higher than Reits to account for the volatility of business earnings.
Religare yield 9% for hospital properties.
HPHT yield 7.5% for port assets which many believed is at the lower end of the cyclical (Better time to invest) cycle.
APTT yield almost 10% because of the unknown risk of competition due to rezoning.
None of it is a apple to apple comparison.
But if you ask yourself if you like to own ports, hospitals, cable broadcasting rights or golf courses, which one will you go for?
What I am trying to ......