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Friday, June 30, 2017

CapitaR China Trust


CapitaR China Trust - 30th June 2017

CapitaR China Trust has been gently rising from the low of $1.40 to a high of $1.65 as reflected on the chart. Currently, it is on a nice uptrend mode patterns.



The current price of $1.64 is trading at a PE of 13.6x , NAV $1.576 , P/B 1.04, yield 5.99% seems fairly positive. 

Chart wise fairly positive and may likely see further upwards move prevail.

Short term wise, I think it may likely re-attempt $1.65 . Breaking out with good volume that may propel to drive the share price higher towards $1.70 with extension to $1.80.
not a call to buy or sell.
( trade base on your own decision) 

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