11-02-2017, 06:58 PM
(10-02-2017, 05:31 AM)momoeagle Wrote: Hi all,
6 years ago, I didn't invest into this but into AIMS, in the same industrial REIT arena.
One of main reasons was: I felt that Shar'iah Compliant is not an asset, but a liability. It is a form of restriction, and restrictions like this doesn't really help any business.
However, Sabana repackaged it as an asset, and something to brag about.
*Not vested since IPO.
Hi monoeagle,
Could you elaborate more on why you view Sabana as liability , form of restriction?
I bought Sabana a few years ago and sold it about 2 years later. The time read AK71 blog and he liked this Reit , however when the dividend started to drop, he immediately sold it. He wrote a blog why he sold it. Then Sabana started the trending down terribly and never stop. I was amazed that he could predict this and sold it immediately and as novice , I sold it one year later. But at least this wise person liked Sanbana at the beginning, however you had a different view even at its IPO, Seems you see even deeper, so I'm very interested how you came to that conclusion. I'm very keen to learn . Thanks
Sent from my iPhone using Tapatalk