CapitaLand Invest (9ci)

 

 Chart wise,  she is still looking rather weak and may likely go down to revist 3.24 again!

Breaking down of 3.23 or 3.20 plus high volume we may likely see her going further down to test 3.00 then 2.95.

Yield is about 3.5% at 3.39.

To achieve a 4% yield she will need ti he trading at 3.00 which is about the Free risk investment like Tbills. 

Please dyodd.

"CapitaLand Investment remains steadfast in being a trusted partner as we strengthen our position as a leading global real estate investment manager which delivers high quality returns."

After a successful demerger from the development business of CapitaLand Limited (“CapitaLand” or the “Parent Group”), CapitaLand Investment (CLI) was listed on SGX-ST on 20 September 2021. This transformative transaction created one of Asia’s leading listed real estate investment managers (REIM) and one of the largest REIMs in the world. Since day one, we have focused on putting our proven track record of investment management and fee income growth to work — unlocking more long-term value for our shareholders. 

CLI’s investment management leadership in Asia began about two decades ago, when we listed Singapore’s first real estate investment trust (REIT), CapitaLand Mall Trust. Today, our six listed funds across Singapore and Malaysia hold a Funds under Management (FUM) of approximately S$60 billion. 

And that’s only part of the real estate portfolio that we’ve built — over S$29 billion FUM are also managed through a comprehensive and expanding private funds platform comprising more than 30 private vehicles.

​Including assets held directly by CLI as well as assets managed through our global lodging platform, CLI oversees S$133 billion in Real Estate Assets Under Management (RE AUM).

In addition to Singapore, CLI’s core markets include China and India. But our boots on the ground extend far beyond that, to markets across Asia Pacific, Europe, and the USA. Our real estate and management expertise has helped us amass a diversified portfolio of recognisable brands, operating platforms, and asset classes which include retail, office, lodging, business parks, industrial, logistics and data centres.

CapitaLand Investment managed the listed reit companies like Ascendas REIT,  CapLand China Trust,  CapLand Ibdia Trust,  CapitaLand Integrated Commercial Trust and Ascott trust. 

Yearly dividend is 12 cents. Yield is about 3.66%.

Chart wise,  bearish mode!

Likely to see further weakness!

It is hovering at the support level of 3.27! 

Let's see is she can bounce-off from 3.27 and rises up from here!

If not, broken down of 3.26 we may see her sliding down to 3.10 then 3.00.

Please dyodd.