Shares & Derivatives
Recent Action – Sabana Reit
By A Path to Forever Financial Freedom (3Fs)  •  November 22, 2017
The recent downtrend of the company puts me into the buying radar zone and I managed to purchase 230,000 shares of the company today at a share price of $0.415. This purchase immediately made this into my top 3 holdings. You might have recalled that earlier in the year I managed to purchase this at a lower discount at 34 cents (Link Here) when there is still all the ongoing saga about the revolt of the management, and since then a lot of things have happened. This is a special play situation. My main thesis of buying into this stems from the fact that E-Shang Redwood (ESR) has now emerged into a substantial shareholder with more than 5% stake. And of course I think valuation came to an attractive level too. Do note that ESR currently holds 80% stake in the formerly known Cambridge Industrial Trust and ......
Read the full article
By A Path to Forever Financial Freedom (3Fs)
If you are looking for a place where you can learn about money management, investing and financial independence, then this site is the right one for you.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance