LMIRT has just announced their full year results this morning and it appears that the fourth quarter is doing pretty well. Sillyinvestor has done a very good job dissecting the figures especially for the projection of the newly acquired Kemang figures so I will just cover it very briefly. There are 3 things that basically I wanted to highlight in this post: DPU Projection As you probably already know, there was an advance distribution of 0.55 cents prior to the placement for the period from 1 October to 16 Dec 2014. That is a total of 77 out of 92 days there for the same portfolio without the Kemang portfolio. Assuming without the acquisition of the Kemang mall, the distribution for the 4th quarter would be at 0.55 cents / 77 * 92 = 0.66 cents. That's not looking particularly good there. Working our way back ......