by: Tam Ging Wien
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Asian Pay TV Trust (APTT) had just released its Q3-2018 result this week and declared a DPU of 1.625c, the same amount last year. However, management guided that the DPU for year 2019 and 2020 would now be revised to 1.20c. It closed the week at $0.17 which gives it a forward yield of 7.06% in 2019.
Source: http://infopub.sgx.com/FileOpen/APTTQ32018ResultsAnnouncement.ashx?App=Announcement&FileID=533803
APTT was listed during its IPO at a price of $0.97 way back in 2013. At the closing price of this week, it trades as a terrible -82.5% capital loss or $0.80 for every unit. That’s an average of -16.5% capital loss each year ...
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