Shares & Derivatives
Recent Action – Ascott Reit
By A Path to Forever Financial Freedom (3Fs)  •  January 27, 2015
I manage to divest all my 15 lots of Ascott Reit today at a price of $1.31. This has been a very good performing counters for years and gave me a very decent capital and dividend gains. Thank you Ascott. However, given the recent run-up for Reits in general and the reason why I would like to divest in this Reit which I have explained in detail here, I decided to let it go. This also means that I will not be getting the dividends in the month of February which they have announced at around $0.042/share for the 6 months. There are really nothing much to add for the reason for my divestment other than the fact that their dividends have been somewhat at par and not increasing while their asset base grows and there is a high likelihood that you will be forced to participate in the rights issue ......
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By A Path to Forever Financial Freedom (3Fs)
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