Blog Post  Ascendas Hospitality Trust's investors getting a bad deal?

As a backgrounder, if you have not done so, you might want to read this blog:
Ascott Residence Trust and Ascendas Hospitality Trust to become one.


It was published on Wednesday, July 3rd, 2019.
The blog here is in reply to a reader's comment that it is a bad deal for AHT investors.
AK says...
While not fantastic, really, it isn't that bad a deal for AHT investors.
For every AHT unit, we will get almost 0.8 unit in the combined entity.
Priced at $1.30 per unit, the deal values AHT at almost $1.04 a unit.
AHT was trading at way below its NAV (of about $1.01) for too long.
See:
AHT Stock Fundamentals.
Also, priced at about $1.04 a unit, the yield of AHT would be about 5.76%.
At $1.30 a unit, the combined entity will provide us ...

Read the full post on A Singaporean Stockmarket Investor (ASSI)

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