CapLand India Tr - She has again gone down to test 99.5 cents looks rather weak! If 98 cents cannot hold then it may go down to test 90 to 95 cents! Pls dyodd.

 CapLand India Tr - She has again gone down to test 99.5 cents looks rather weak! 

If 98 cents cannot hold then it may go down to test 90 to 95 cents! Pls dyodd. 

 DPU of 3.09 cents for 2nd Half year results! FY2023 of S$0.0645, compared to S$0.0819 in FY2022.

DPU for the second half of FY2023 also fell 21 per cent to S$0.0309 from S$0.0391 in FY2022.

Distributable income is down 10 per cent in H2 FY2023 to S$45.7 million from S$50.6 million in H2 FY2022. 

FY2023 distributable income was down 10 per cent to S$94.6 million from S$105.7 million.
The drop in distributable income was due to higher finance costs and current income tax. 

I think results is no Good! 

 

Let's see how market react!

Chart wise,  likely to go down to test 1.01 than 1.00 and 95 cents.

Pls dyodd.