Bought 30,000 shares of Sasseur REIT on 1 Apr at $0.58.

This is the 2nd time i am buying this stock.
The first time i bought it, it net me a profit of S$18k+ in 4 months (Link).



Reasons for buying:
1) Price is lower than my first purchase

The first time i purchased in Feb 2019, I managed to got in at $0.64 and sold off at $0.795.
The 52w high was $0.92.
Although I did not manage to sold off at the highest point, but I am happy with the kind of profit i got previously.

Given now the price is lower, logically my profit % will be higher than previously if the cycle repeat itself again.


2) PB 0.65
NAV is 89.2cents (As of 31 Dec 2019)


3) Outstanding 2019 Performance 









4) 11% dividend and quarterly payout
Sasseur had declared FY2019 DPU of 6.533cents/share. 


5) Insider trades
There are alot of insider trades for Sasseur Reit in Mar 2020 (Link). 




6) China COVID19 suitation is stable...