CapitaCom Trust after touching the low of 1.435 on 27th Dec 2016 , it has since managed to stage a strong recovery and head higher to touch 1.60 on 11th Jan 2017. Couple with super high volume this is generally rather positive.
Today we have witnessed a slight retreated price and closed lower at $1.555 which is generally quite healthy/normal after a good rally.
Both Macd & Rsi are still rising which may provide further indication that the share price may continue to head higher.
Short term wise, I think it may likely continue to head higher to re-test the recent high of $1.60.Breaking out of $1.60 with good volume that may propel to drive the share price higher towards 1.64 with extension to 1.70 and above.
NAV is about $1.74 per unit. P/B is 0.89x.
Yield is about 5.5% or about 9 cents p.a.
( trade base on your own decision)
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