Technical Analysis
Cache Logistic trust
By Bully The Bear  •  March 13, 2011
Cache logistic trust


Weekly




Daily




Company pays dividend per quarterly, with annualized DPU at 0.077. At price of 0.925, dividend yield is 8.3 % pa. Gearing is 23.7% based on last FY results. Sounds like a good trade...perhaps within the week. But the profit margin isn't that fantastic. Selling near 0.95 to 0.96 yields only around 3% ROC...not that fantastic. Even if the weekly divergence plays out and I sell at 0.97, it'll be around 5% - that might be worth something. As such, I'll not pay too much attention to the daily...I'll wait for the weekly to show some signs before I commit.


Interesting to see how it'll play out though. If conditions are right, this could be one of my favourite set up for a mid term trade. The yield is seductive though......
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By Bully The Bear
La papillion is french for butterfly. This blog chronicles my journey from an amateur in the stock market to where I am today. Have I turned into a beautiful butterfly? I don't know, but I think my metamorphosis is still on-going now :)
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