[caption id="attachment_4119" align="alignright" width="150" caption="Photo by darkpatator"][/caption] I got to know Nick recently while chatting in Bully the Bear's cbox. I was so impressed with his analyses while chatting with him that I invited him to be a guest writer for my blog. I am sharing Nick's recent comments on First REIT in a proper post here: I like to post the following 2 research reports released after the 2Q Briefing. CIMB report is very interesting since there is information about the 2 potential acquisition targets and it mentions the need to raise funds from both debt and equity. It should be able to increase AUM by 50-70%. Looks like a good deal if CIMB figures are accurate. SIAS: http://firstreit.listedcompany.com/misc/First_REIT_-_2Q10_Update_Report.pdf CIMB: http://firstreit.listedcompany.com/misc/First_Reit.pdf AND I will most likely increase my exposure slightly near term. Naturally, we need to bear in mind that with the potential looming rights issue (could be announced in a matter of months), we need to conserve capital to subscribe for it. Read more...