Shares & Derivatives
3Q 2018 passive income (non-REITs): APTT.
By A Singaporean Stockmarket Investor (ASSI)  •  October 3, 2018
In August 2018, I also received questions about APTT as its unit price plunged. In one way or another, I was asked whether I was buying APTT again like I did when its unit price plunged in the past. Regular readers might remember that I said APTT's 6.5c DPU was unsustainable and a more realistic DPU was 4c. When I bought more APTT in the past, it was based on what I thought a reasonable and sustainable DPU would look like. The purchase was not premised on what APTT was distributing at that point in time. Please keep this in mine as I continue talking to myself. Although APTT's very high debt level and the fact that they are running a deficit is worrisome, again, I remind myself that all investments are good at the right price. The last time I bought into APTT, my premise was a realistic distribution yield of around 10.5% based on a sustainable DPU of 4c ......
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By A Singaporean Stockmarket Investor (ASSI)
Have a more secure financial future in an uncertain world by creating a stream of reliable passive income with high yields.
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