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Sabana REIT’s lesson and Wilmar’s interim dividend.
By A Singaporean Stockmarket Investor (ASSI)  •  August 12, 2021
A few years ago, I blogged about lessons from my journey as an investor with Sabana REIT. One of the things I said was: "I remember UOB KayHian was particularly bullish in 2013 and had a target price of $1.30 for Sabana REIT. By that time, I had turned cautious although I was enjoying a distribution yield on cost of between 10.3% to 11.1%..." See:  History with Sabana REIT. In a nutshell, no one cares more about our money than we do and we must always do our due diligence. Sabana REIT is pretty generous in dishing out lessons and last year saw ESR-REIT making a low ball offer for Sabana REIT which resulted in a fight led by activist investors to scuttle the proposed deal. I wrote a piece on why the proposed deal was a bad one for Sabana REIT....
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By A Singaporean Stockmarket Investor (ASSI)
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