Analysis of Sabana REIT

Thursday, April 25, 2013

Current Price on 19th Apr 2013 = $1.37

Current Yield = 7.04%
Price-to-book Ratio = 1.262
Assets per unit = $1.794
Debt per unit = $0.708 (including current liabilities)
Gearing = 39.5%Sabana REIT has published its results which pushes its price up to $1.37 which is fantastic. Despite being at high price, its yield is still at 7.04% which is good. But its price-to-book ratio is also very high at 1.262.

Comparing to its peers, AIMSAMP REIT seems a better deal as its yield is very close and it has a better price-to-book ratio. Nevertheless this is still a good deal for its yield.

I remember missing this when I tried to buy at $1.20. Somehow I have forgotten about it and let it slip to this price. Again I regretted it. Well, I will need to be more focused and do my analysis more regularly. (Have been busy at work). I will be thinking about this and weigh it against AIMSAMP REIT, Rickmers, Global Investment Limited, and Religare to see which one is the best to enter.