CapitaMall trust

Looks like she has found her bottom and bounce off nicely from $1.49 to trade higher at $1.77 level, looks positive!

Short term wise, I think a nice breakout of the recent high of $1.84 would likely bring the price higher towards 1.90 then $2.00.


I think once the current market sentiment improve,she would likely be trading above $2.00.

NAV $2.105.
Lets say DPU drop to 11 cents from 12.2 cents , yield is about 6.2% for this blue chips reit counter, looks quite attractive!



Not a call to buy or sell.
Pls dyodd.