CapitaRetail China Trust (CRCT) fell back to SD1.66 today after staying at the SD1.70 - SD1.72 region for the past few days.
Look out for a trading opportunity if it falls back to SD1.63. CRCT pays a half yearly distribution. Should you BUY at SD1.63, in the run up to the half year results where CRCT will announce a distribution, CRCT will most likely touch SD1.72 again. You could trade and earn a potential profit of 5.5% in the next 3 months.
I did a trade by buying at SD1.58 and selling at SD1.69 for a SD0.11 or a 7.0% gain.
If you know the behaviour of CRCT, you can trade profitably.
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