Shares & Derivatives
Journey To Retirement Part 3.3 — Cambridge Industrial Trust
By ccloh Strategic Investor Zone  •  January 15, 2016
A year after the divestment and reinvestment of Cambridge Industrial Trust, I finally decided to divest all of that for good at $0.5256 Since the reinvestment last January under the Cashless/Strategic plan, the quantity accumulated is like 5% of the intended target.  In addition, there was no (or very low) capital involved, the sale proceed will be used to reduce the current 1.21% capital being incurred among the 5 stocks (Cambridge Industrial Trust, FrasersCom Trust, MapletreeCom Trust and Mapletreelog Trust).  With that, the capital cost of the Cashless/Strategic section has been reduced to 0.54% or equivalent of $0.204/share for the 4 of them (minus Cambridge Industrial Trust). The reason for the divestment is simple.  The earning of Cambridge Industrial Trust has been declining since thus resulting in a decline of the distributable income.  The impact is for each distribution the scrip dividend being collected ......
Read the full article
By ccloh Strategic Investor Zone
Am a typical retail investor who started investing in stock market in 1993, the same length of period as SingTel was listed in SGX and ironically SingTel was my first vested stock. Back then was a passive investor and started to turn more active in stock market in 2006. A year later when I switched my engineering job to a finance related one, I became what commonly known as trader ( trade for living ) and at the same time also strongly believe in fundamental/value investing that is the way to growth wealth. In a way I classify myself as a "Strategic Investor". As a trader, I track market movement daily and as an value investor, I am always on the lookout for cheap bargain to hold for long term.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance