tag:blogger.com,1999:blog-5250592099846123314.post8080364988674618350..comments2024-02-14T16:08:35.337+08:00Comments on Wealth Buch -- Journey towards Financial Freedom: Reasons for AIMSAMPIREIT PurchaseJWhttp://www.blogger.com/profile/04633191740991225888noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-5250592099846123314.post-3220917538634807012010-04-21T14:54:28.617+08:002010-04-21T14:54:28.617+08:00You make me feel tempted to top up at 0.22 as well...You make me feel tempted to top up at 0.22 as well... But I think the market is starting to overheat a little bit...JWhttps://www.blogger.com/profile/04633191740991225888noreply@blogger.comtag:blogger.com,1999:blog-5250592099846123314.post-68858173100343396162010-04-21T11:49:59.141+08:002010-04-21T11:49:59.141+08:00I also believe in this stock as it has previously ...I also believe in this stock as it has previously breached 0.23 on an intraday trading. Anyway, I am in for long term and dividend. Yes and i know disclaimer still applies.Empowered Lifehttps://www.blogger.com/profile/16449511833088693288noreply@blogger.comtag:blogger.com,1999:blog-5250592099846123314.post-40477868388309005932010-04-21T08:42:58.151+08:002010-04-21T08:42:58.151+08:00Hi Hyruga,
wow! But disclaimer still applies hor....Hi Hyruga,<br /><br />wow! But disclaimer still applies hor..., although I really believe in this stock :XJWhttps://www.blogger.com/profile/04633191740991225888noreply@blogger.comtag:blogger.com,1999:blog-5250592099846123314.post-50105406481623627962010-04-21T00:01:15.220+08:002010-04-21T00:01:15.220+08:00Today i bot some lots of aimsareit at 0.22. Hope i...Today i bot some lots of aimsareit at 0.22. Hope its another masterstroke from momoeagle:)Empowered Lifehttps://www.blogger.com/profile/16449511833088693288noreply@blogger.comtag:blogger.com,1999:blog-5250592099846123314.post-1223567454152220362010-03-18T18:20:33.478+08:002010-03-18T18:20:33.478+08:00Hi AK71,
thanks for your comment. I doubt CIT can...Hi AK71,<br /><br />thanks for your comment. I doubt CIT can grow much, given the way the rights money was used.<br /><br />Of course I don't mind the link. Thanks!JWhttps://www.blogger.com/profile/04633191740991225888noreply@blogger.comtag:blogger.com,1999:blog-5250592099846123314.post-20704979879122031132010-03-18T14:45:53.993+08:002010-03-18T14:45:53.993+08:00Hi JW,
CIT's loan will be due in 2012, I beli...Hi JW,<br /><br />CIT's loan will be due in 2012, I believe. In a more benign credit environment, they probably could get the loan renewed or re-financed. However, if the credit situation worsens, CIT might find itself in hot soup.<br /><br />Of course, with gearing level at 42% and a yield of 12%, it is hard for CIT to grow. I has hit a ceiling, for sure, and the ceiling could come down in 2012.<br /><br />I am going to put a link to this post of yours in the comments section of my latest post. I hope you don't mind. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.comtag:blogger.com,1999:blog-5250592099846123314.post-90121326795598070392010-03-18T12:09:44.994+08:002010-03-18T12:09:44.994+08:00Hi AK71,
I'm also interested about what they...Hi AK71, <br /><br />I'm also interested about what they are going to do with the reduced gearing.<br /><br />There's definitely potential for this REIT.<br /><br />My only wonder is how CIT is going to be in a few years time.....JWhttps://www.blogger.com/profile/04633191740991225888noreply@blogger.comtag:blogger.com,1999:blog-5250592099846123314.post-6628152729354315252010-03-18T11:31:50.002+08:002010-03-18T11:31:50.002+08:00Hi JW,
Bulk of MI-REIT's problem was because ...Hi JW,<br /><br />Bulk of MI-REIT's problem was because Chris Calvert (the ex-CEO who is now CEO for CIT), did not put the necessary financing in place when he made the commitment on a property purchase due last year. <br /><br />The fact that the property in question was purchased at a higher price and was valued lower by end of last year made it almost impossible for the new manager to get any financing at all. Which bank would give a $1m loan for a property valued at $900k, for example?<br /><br />Thank goodness for AIMS and AMP Capital. Otherwise, MI-REIT would be history.<br /><br />I am more interested in AIMS and their plans for the renamed REIT. They have ambition to use the REIT to hold projects they are planning for in China. :)AK71https://www.blogger.com/profile/16832145412062954289noreply@blogger.com