CapitaComm Trust

Chart wise, it had a very good running up from $1.90 to $2.26 level seems overly extended.
I think high chance it may pull back or reverse !

NAV is $1.815.
DPU of 8.7 cents.
Yield is 3.84%

For investing wise, it is getting overpriced and trading at super premium price.
It has failed my selection criteria for Reits investing that is yielding below 5.5% and having a Price/Book value of 1.245 . Ideally,would prefer to be below P/B of 1 or 0.9x .

When recession set in, I think rental revenue may drop and the yield may be even lower.

Trading wise, I am waiting for the reversal trend to be triggered anytime soon !
This is looking juicy for a shorting candidate!

Not a call to sell or buy.

Pls dyodd.