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Already q to buy at 1.005. Hope its the right move.

(10-08-2014, 10:36 PM)Bluechipfan Wrote: [ -> ]Already q to buy at 1.005. Hope its the right move.

Why call yourself a 'Bluechipfan' ?

No particular reason. Just that I like bluechips better than other stocks. It doesn't mean I only buy bluechips though I wish that's the case.

http://infopub.sgx.com/FileOpen/Sabana_a...eID=311019
Management hasn't lost the vice of issuing new units at discount to NAV yet

The only saving grace, if any, is that the acquisition is yield accretive

Another bad set of results - 2015 is going to be worse for this REIT

I bought this and Silverlake because I like dividend paying stocks. I made a mistake because I bought this much more than Silverlake. Bought this from 1.1x and bought more at 1.005 and now the price is 1.01. Bought Silverlake from .88 now 1.27. Well...

I am generally quite happy with Sabana. Bought in at $0.89 long ago.

The stock could have done better, saw it go up to over $1.20 and then now down to barely $1. Generally, I now prefer to hold really long term, unless fundamentals have deteriorated beyond hope.

Warren Buffett gave good advice about buying when others are fearful and selling when others get greedy. That helps provide a comfortable moat and buffer against stock price movements.

Any update of this counter?

try www.sabana-reit.com