Shares & Derivatives
Ascott Residence Trust and Ascendas Hospitality Trust to become one.
By A Singaporean Stockmarket Investor (ASSI)  •  July 7, 2019
In reply to a reader's comment: HERE. Ascendas Hospitality Trust (AHT) has been a good investment for income over the years. AHT has also been rather undervalued by Mr. Market for most of those years. This deal shows the true value of AHT. "ART will acquire all AHT stapled units at $1.0868 each, comprising $0.0543 in cash and 0.7942 ART-BT stapled units issued at a price of $1.30." Source: Yahoo!Finance. I first invested in AHT in 2014 and paid a price of 72c a unit. See: AHT: A nibble. Over the years, I accumulated at prices lower than my initial purchase price, sometimes significantly lower, whenever Mr. Market felt depressed about AHT. Of course, AHT became a relatively substantial part of my portfolio. AHT has been generating meaningful passive income for me regularly. In 2017, I said AHT should continue to deliver. "Not too concerned with the fluctuation in unit price....
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By A Singaporean Stockmarket Investor (ASSI)
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