Sold TWRREIT

1. Sold my TWRREIT at 1.40. :)

2. Congratz hng, for your profit on Faber & Ytlp-wb. :)

3. I am still keeping tight on my UOADEV & Ytlp-wb. :) Hope can dispose them all next week. :)

4. Below is the Tambun write-up after RI, contributed from our cyber friend 'hng'. Thanks hng !

After right share, Tambun share volume will increase by 40%. Based on its latest Q1 result, EPS = 4.14sen, diluted EPS work out to be 2.95sen, Full year EPS= 11.8sen. Based on its 40-60% payout, dividend likely to be 4.7sen net for current financial year, which give rise to prospected 8.8% nett. 

As earlier indicate, Tambun already proposed dividend of 3.8sen nett for last FY2011, which subject to AGM approval on 15 June, dividend yield is 7.2% nett. 

Based on above fundamental, i could assure that even there is selling pressure upon listing of its right share on 4 June, but as investor, we could work out its intrinsic value and take into account its high dividend yield by waiting another 1-2wk to enjoy its dividend of 3.8sen nett after it secure approval for dividend payout in AGM on 15 June.