12-01-2011, 02:33 PM
> I did a simple brain math. Assuming current div amount holds And price increase to 2.2 it still
> 3%. For a business that sure earn and running at fast growth pace ... At this price is still good.
The director said at last AGM, that dividend will likely keep at FY09 levels. Whatever cash they accumulate will be used to fund growth.
The RUMOUR I hear is that there is news of another REIT listing going to managed by ARA early this year. Could be a RETAIL REIT.
The CEO certainly picks his bets well, his CACHE REIT is definitely 1 class higher above the Temasek REIT. The CWT is a well established player, and the industrial properties are not simple industrial space....
I am sitting tight...
> 3%. For a business that sure earn and running at fast growth pace ... At this price is still good.
The director said at last AGM, that dividend will likely keep at FY09 levels. Whatever cash they accumulate will be used to fund growth.
The RUMOUR I hear is that there is news of another REIT listing going to managed by ARA early this year. Could be a RETAIL REIT.
The CEO certainly picks his bets well, his CACHE REIT is definitely 1 class higher above the Temasek REIT. The CWT is a well established player, and the industrial properties are not simple industrial space....
I am sitting tight...