Skip Navigation Links
My investment in Lippo Mall Indonesia Trust (D51U.SI)
16 Sep 2021 (953 views)  

I invested $84,900 in this stock over the past two years. The current market value is $34,300. I suffered a loss of 60% on my investment. This is perhaps the worst investment that I made.

This stock went through many difficulties. It suffered from the economic slowdown in Indonesia, the depreciation of the rupiah currency and the shutdown to deal with the pandemic. 

It has not recovered yet. 

I am still keeping the stock because it pays a dividend yield of 5% and the stock price is at a discount of 60% to its book value. Its total debt is 85% of equity. This is high, but not exceptionally high.

I believe that its sponsor, the Lippo Mall Group, will not allow this company to be bust.

When the lockdown in the Indonesian cities is lifted, and business in the mall resumes, it should recover from its current challenges. 

Here is a report from the Business Times about this stock.


Note - This is my observation of my holdings. I am not recommending any purchase of sale in this stock.

Tan Kin Lian


My investment in Lippo Mall Indonesia Trust (D51U.SI)
[Back] [Print]


I invested $84,900 in this stock over the past two years. The current market value is $34,300. I suffered a loss of 60% on my investment. This is perhaps the worst investment that I made.

This stock went through many difficulties. It suffered from the economic slowdown in Indonesia, the depreciation of the rupiah currency and the shutdown to deal with the pandemic. 

It has not recovered yet. 

I am still keeping the stock because it pays a dividend yield of 5% and the stock price is at a discount of 60% to its book value. Its total debt is 85% of equity. This is high, but not exceptionally high.

I believe that its sponsor, the Lippo Mall Group, will not allow this company to be bust.

When the lockdown in the Indonesian cities is lifted, and business in the mall resumes, it should recover from its current challenges. 

Here is a report from the Business Times about this stock.


Note - This is my observation of my holdings. I am not recommending any purchase of sale in this stock.

Tan Kin Lian