CK>> Phew! Luckily my bet on KrisAssets is now worth the price...

Some readers asking why the last adjusted closing price for KrisAssets is RM 2.27? Here is the quick calculation.

Assumptions:
- Based on IGB REIT last 5 days average prices @ RM 1.38.
- Based on last closing price of KrisAssets @ RM 9.51 (perhaps RM 9.50).
LACP of KrisAssets = RM 9.51 - (RM 1.38 x 5.24) = RM 2.278


If based on the previous post's calculation, the cash distribution and special dividend portion should be around RM 2.75 per KrisAssets share. Today closing price of KrisAssets is RM 2.70. It seems like no much room to grow for KrisAssets share price.

Perhaps should consider to dispose all my shares and channel those funds to other potential stocks, rather than holding KrisAssets till the completion of cash distribution at the end of Q1 2013.





CK>> Don't surprise to see the KrisAssets fall in RED with unrealized loss of RM 64k++. By 19/10/12, I should get the distributed IGB REIT with unrealized gain of RM 72k++... Hehe... End up with net profit of RM 7k-8k...

It would be much better and happier to see IGB REIT trading at the price of RM 1.50 during mid of October 2012. Dreaming~~~

Mission completed for Q4 2012. Target hit.... Phew!