AJA astro japan property group

sp capped -- yield still good.

  1. 164 Posts.
    Some AJA holder is quite determined to cap it at that level this past week. Looks like a controlled selldown into what people believe is a good div yield, but also because of the recent divi payout is now over, the stock likely will drift awhile till the next div and punters climb aboard for another ride.

    May bulk up some more if it drops to 33-35c. I'm not saying it will, but if it does, definitely another top up period.

    I feel that the economic climate in Japan hasn't improved all that much, even though BOJ has held down the rates to improve liquidity (recent news release), possible reason for the selloff just in case the div drops in future. (possible?)



 
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