Monday, March 26, 2012

Starhill Global: Complete Divestment @ $0.63 and $0.64


At long last, after more than a year holding on to Starhill Global's shares, I have divested remaining portion of them this morning. My journey with Starhill Global began on 8th Feb 2011 when I purchased the first lot at $0.64 (also the divested price).

I made the decision to slowly divest Starhill Global after I gained interest in AIMSAMPI for its highest DPU payout of all REITs. Furthermore, AIMSAMPI is consistent with its increase in DPU, unlike Starhill. The fate is finally sealed with Starhill displayed a more volatile nature than AIMSAMPI which is a more stable industrial REIT. My plan to divest Starhill was paused for several times due to weakening market sentiments for the past year. Thankfully, this year's bullish rally has enabled me to materialise the divestment.

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