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SOLD: Sasseur REIT $18,268 (Profit)
By CompoundingDividendxDividend  •  June 12, 2019
Sold my 90,000 shares of Sasseur REIT on 10 Jun at $0.795 Total profit, including dividend, of $18,267.63 (31.6%) in 4 months. This is my BIGGEST profit ever!!!!!!! The next biggest profit was actually CapitaMall Trust of $9,497.26 (Link) Reasons for selling it: 1) PB 0.9 at this moment. Their NAV increased 11.2% to $0.8897 compare to IPO (Mar 2018). Since this is a pure China property shares, so normally I will discount 15% off the NAV to have a safe margin. Thus result in PB at 1.05x. 2) Stick to the initial buy plan - SHORT TERM. As we are coming to the end of bull run and this is a pure China stock, thus, not going to keep long term. Better to lock in profit than to lose money. 3) A heavy wall of Sell Q at $0.80 based on Market Depth 4) Sasseur REIT report their financial result 1 month later than majority of the REIT Example:...
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By CompoundingDividendxDividend
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