Shares & Derivatives
Accordia Golf Trust: Is enough blood already shed?
By Sillyinvestor  •  August 31, 2014
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 ......
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By Sillyinvestor
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