Sabana Shari'ah REIT

[ghchua]

Thank you for sharing

My remisier and long term friend also advise me to buy 20% at the market price now by Tuesday 21Feb  and then tender 30-35% of my holdings for the 7-8% gain (11% if i include dividend)

or tender now, and buy the shares back later at the lower price if want to keep getting the dividend.
say DPU is falling which will also bring down share price

Hi mengtan333,

I think this is a bad idea. If you think that the unit price will fall going forward and this is a bad REIT, the best thing to do is just to sell all your holdings now and move on. Full stop. 

Why bother yourself with the partial offer? The partial offer (though higher than the market price) will not take out all the units that you have. And adding to this uncertainty, you do not know how much beyond 10% of your units that you have tendered will be accepted. (if the offer turned unconditional, which is not at this moment).

However, if your view is that this REIT is ok to keep for the long term as it has value despite short term challenges, then it is a different thing altogether. 

Decide on your view on this REIT before even proceeding further.