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Ascott Residence Trust (ART) buys Ascendas Htrust (AHT) for S$1.0868 per share
By The Unnecessary Job  •  July 3, 2019
AHT last traded at 0.975.

My average entry was 0.82 for 235,000 units.

The purchase price of 1.0868 represents about a 32.5% gain over what i paid for the shares, excluding dividends received.

Including dividends, the XIRR rate of return would be about 26.7% - possibly one of my best performance in 4.5 years of investing.

-141432.15 0.267298812

The low down

The purchase would be paid in both cash and Ascott units. I would have preferred an all cash deal.  ART's units are severely over-valued and AHT holders are being shortchanged by being paid in ART shares, which appear to have

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By The Unnecessary Job
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