19-09-2013, 07:58 AM
(19-09-2013, 12:49 AM)corydorus Wrote: Is about 8.3% at today price. As one of the higher yield reits, the management is a little easy on fund raising. I can feel a sense of complacency there. Need to start watch them carefully in future. Avoiding hassle and doing short-cut is typically a no-no unless they can show it makes not significant difference which in this case seems not. They seem to forget who their bosses are or are they ?
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Fully agree... IMO, the trust (pun intended) they'd built up since listing has been shattered... with this Value Destructive (to existing shareholders) placement...

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------------ 知己知彼 ,百战不殆 ;不知彼 ,不知己 ,每战必殆 ------------
------------ 知己知彼 ,百战不殆 ;不知彼 ,不知己 ,每战必殆 ------------