Monday, July 20, 2015

BUY RATING FOR CAPITARETAIL CHINA TRUST (AU8U)

CapitaRetail China Traust (SGX Code AU8U) has seen it price dropped from a high of S$1.77 to S$1.64 (Present).

It is due to report its H1 2015 results on 29 July.

I expect the report to be good in comparison to last year's. The Distribution too has ticked up nicely vs the previous year's.

You can either trade, buying now and exiting upon the announcement of the Distribution or hold, to enjoy it. Based on current price, the Distribution Yield for the year is estimated at 6%.

My disclosure: I own shares of CapitaRetail China. But still always do your own research.

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