Shares & Derivatives
Accordia Trust – A bountiful 2H?
By Sillyinvestor  •  February 12, 2016
Accordia Trust results is good enough for me. It show that 2Q weak numbers could well be due to weather and not excuses. It went up more than 5% at one point today. Because with the better than expected results, come another good news, they will distribute 100% of distributable income and also return the 10% they hold on 2Q. So what are we looking at? the 10% more from 2Q will add about 0.2. Cents to distribution. (Taking 90yen/1sgd) Q3 distribution is 2.16 cents, so it would work up to be 2.36 cents Now, some projections are just projections, because mathematically, it doesn't reconcile. 2H distribution would be higher due to higher cash flow. How Much higher is projected? Let's just use 5% more from 1H. Then 2H will be 2.415 cents. But Q3 is already 2.36 cents. So, Q4 need ......
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By Sillyinvestor
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