10 May '12, 11am

Vicom with a good set of Q1 2012 results

Which would I invest in? A REIT at 6-7% yield or VICOM? I believe VICOM stands out. Even though its yield is lower, but its earnings yield is unlevered compared to the REITs and very defensive. The only thing is the price we pay is high from the historical perspective. Not much safety. Definitely a grower.

Full article: http://www.investmentmoats.com/singapore-stocks/vicom-wit...

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