Shockwaves are still reverberating from Asian Pay TV Trust's crash down after announcing the large cut in their dividends. A lot of investors out there have steered clear of it and never bought into it in the first place; some others have bought in by acceptance of risk-for-reward either before or after the crash. I bought it in a past, and sold sometime soon after getting 1 quarter worth of dividends (net gain of $150 - I lost pocket change in capital loss).

I recalled how it was in essence Macaquire passing on debt by marketing the IPO of APTV, after unsuccessful attempt to divest. (Link here)

This incident also made me thought of Hutchinson Port Holding Trust, another counter I had been monitoring since a couple of years ago. Yield seemed nice at that point but the outlook and the share's performance just seemed abysmal.

This left a bad taste in my

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