Asian Pay TV Trust ("APTT") closed off Friday (24 May 2018) at a 52 weeks low of SGD 0.440. Based on the re-affirmed SGD 0.065 per unit of dividend guidance for FY2018 by the Management of APTT after the Q1 2018 results announcement, this represented a dividend yield of 14.77% (please see the previous post here with regard to analysis on whether the cashflow for dividend is sustainable) Is this a value trap? How low will APTT goes? When will the dumping of its units in open market stop? Why did APTT plummet recently since the release of its Q1 2018 financial results? I rationalised that the reasons for the free-fall are as follow:  1. The market  getting jittery based on the continued erosion in its core business earnings amidst the competition.  2. There is also the announced increase in corporate ......