Sabana Shari'ah REIT

[Bluechipfan]

My personal view is that ESR will proceed with an offer. With NAV at 57 cents and current price at 47.5 cents, there is value in Sabana and since ESR is already in the Reit business, there is economy of scale if there is M&A with Sabana. I am no expert and just looking from a very broad point of view. There may be nitty gritty that make the acquisition not attractive, i don't know. However, like laksaman said, the price should stable at current level and I have bought some to hold for a few month for a punt. I don't think the offer price, if at all, will be 57 cents though. I will be happy with 53-55 cents.