Reader: Hey AK, what do you make of Accordia Golf Trust latest results? Looks pretty dismal, all important numbers are down. Any positives to it at all? AK: eh... you say leh? Reader: From the numbers I don't see anything good. But management says that tourism may have a positive impact in mid to long term And they said there was bad weather, maybe the weather might improve. That's about all the good I could see from the report AK: I would ask if the dip in results is due to something more enduring. If so, the decline would become a trend. Reader: True. But difficult to say how much is due to earthquake and bad weather. And how much due to fundamentals. AK: You will have to make a judgement call ???? Reader: I have small position only so I think I'll hold for now , at least the dividend is good ......