Wolf Money(Lendlease Sold)

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I had decided to sell off the small position in Lendlease Reit with a small profit. LWF also walk away with 2.45c in dividend. LWF holds no portion in the counter. A few things which I don’t like 

1.) The rising 10 years bond yield leading to higher risk free rate and potentially higher borrowing cost for the reit.

2.) Lendlease reit manager selling shares in open market

3.) The issue of scrip dividend which had a dilutive effect. 

Cash will be redeployed. Thank you. God Bless!


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All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way whatsoever warrant or guarantee the success of any action you take in reliance on our statements. All information provided are for education only. Buyer beware,do you own due diligence.

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