I am still looking for my first REITS counter for my portfolio, mainly for dividend investing. Among the different types of REITS, I am more keen on the Retail REITS. Reason? Just personal preference as retail (shopping) is more visible and predictable, as compared to other REITS.
As per my earlier S-REITS compilation (click
here to see the details), there are only 8 Retail S-REITS to choose from (see list below). Since my main focus is for dividend investing, hence
Lippo Malls Indonesia Retail Trust (LMIR Trust) [D5IU] is naturally the first choice for me to the CNAV Analysis.
So here we go...
Stock In Evaluation : Lippo Malls Indonesia Retail Trust (LMIR Trust) [D5IU]
The Key Quantitative Indicators of CNAV Strategy (basing on 2013 Annual Report figures):
Net Asset Value (NAV) =
$0.410
Conservative Net Asset Value (CNAV2) =
$0.404
Current Price =
$0.34
Discount For CNAV2 =
16%
Conclusion : Since it is a POSITIVE "Discount for ......
