By The Boy Who Procrastinates - November 17, 2018
October was a rough ride for global stock markets as they were slammed by a wave of fears about trade wars and higher interest rate. Amidst the chaos, there is always buying opportunities in a sell-off.
I have initiated a small position in Far East Hospitality Trust at $0.595 in Oct. At this entry price, it is trading at 31.27% discount to its NAV/unit of $0.8657. Based on the 2017 DPU of 3.90 cents, this translates to a distribution yield of 6.55%.
Hotels
✻ Mid-Tier
Village Hotel Albert Court Village Hotel Changi The Elizabeth Hotel Village Hotel Bugis
✻ Mid-Tier /
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