Recently Accordia Golf trust announced their Q2 result which has create quite a shock among the investing community. The share price has been hovering around 63 to 65 cents and many people bought it for the attractive dividend yield believe to be in the 9 to 10% region.(Based on 6c DPU at 64 cents). In Q1, the dpu came in at 1.76 cents per unit which was wonderful but Q2 dpu was a measly 0.74 cents. That’s a decrease of 58% from Q1. To make things worse, they decide to withhold 10% of total income available for distribution. No wonder the share price drop to 59 cents the next morning following the announcement.

Immediately ASSI AK blog (See Link) about it talking about the bad weather in Japan and I did not think too much about it as weather is unpredictable.  I am in it for …