RJT rubicon japan trust

bit confused about this one

  1. 208 Posts.
    Rubicon Japan Trust (RJT) has been taking a beating the last couple of months.

    Presently has a yield now of about 11% fully tax deferred.

    But there seems to be a lack of confidence in the stock.

    It's not ever going to be a high flyer, but more a steady performer.

    The Sub-Prime meltdown has rubbed off on RJT but has no exposure itself directly to sub-prime.

    Apart from general sub-prime nervousness, I don't see any particular bad news relating to RJT on the horizon.

    RJT is recommended as a strong buy by Fat Prophets, for whatever that might be worth.

    Any views on RJT?

 
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