Today I just entered two long positions on Cache Logistics and Mapletree Logistics.
Both the stocks offer:
- good analyst recommendations (significant proportion of buy/strong buy)
- good dividend yield ~7% dividend
- quarterly paid dividend, excellent for my expected cashflow
For Cache Logistics, the distinctive factor that influenced me is the very positive management results (take a look at the latest analyst presentations on their website http://www.cache-reit.com/), I really like their strategy focused on creating a sustainable stream of dividends for their stakeholders.
For Maplertee Logistics, it is a nice addition to my porfolio, since I already bought 10k at 0.97 so I feel event if the price is a bit high at the moment the weighted cost is still reasonable.
To me the real alternative at the moment is AIMS, but I do not want to overweight my portfolio of this stock at the moment. I still have some cash to spare in my warchest and I am planning to look at some alternative mean of investment. At the moment, I am getting quite interested iShares Barclays Capital USD Asia High Yield Bond Index ETF, I will spend some more time researching and eventually I will start a long term position with it while waiting for some corrections that will make other stocks attractive.
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