Shares & Derivatives
What is the right price to buy into Sabana REIT?
By A Singaporean Stockmarket Investor (ASSI)  •  February 17, 2015
Last Friday, when I met up with Sean Seah and his friends, I compared Sabana REIT with AIMS AMP Capital Industrial REIT to exemplify what I thought are some of the characteristics of a REIT whose management's interests are more aligned with minority shareholders'. I also made the comment that although I substantially reduced my investment in Sabana REIT starting in late 2013, there could be a time to invest in Sabana REIT again. This is because all investments are good at the right price. I know that many readers are looking at Sabana REIT and thinking of buying because its unit price has fallen by quite a bit in the last one year and more. I know because many asked me, one way or another, if I am adding to my much reduced long position. I didn't give much information but I generally said that I was not interested as I thought ......
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By A Singaporean Stockmarket Investor (ASSI)
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