The reaction to my first post about Accordia Golf Trust was great.
Here are some of the comments I received:
"I dont think the calculation for the dividends is correct. I think you are taking trailing 9 months plus 6 months"
"Going forward, the FY16 DPU may drop to 4.64c..."
"Q3 is low season (winter)... and Q4 make up the balance. This is probably the 'worst' case scenario."
"Oct number is quite high. 554k visitors. 2nd highest for year so far. So maybe no need to be too pessimistic also."
"Sounds about just right. I was forecasting more than 10% yield when i entered at 64 cents back then. 8.9% for such a unique foreign reit doesnt seem to be compensate enough for the risk."
Numbers for the Trust:
15 Months - Total Dividend given = 0.0571 + 0.0232 = 0.0803
......
