Shares & Derivatives
Cache Logistics Trust: 1Q FY2011 results.
By A Singaporean Stockmarket Investor (ASSI)  •  April 26, 2011
Higher DPU than forecast: 1.952c. XD: 3 May. Payable: 30 May. NAV/unit: 88c. Gearing: 26.4%. Interest cover ratio: 9.5x See presentation slides here. The numbers are nice and strong. Although its distribution yield is lower than AIMS AMP Capital Industrial REIT, I believe that it is a premium that is well worth the money.
Looking at the chart, a potential reverse head and shoulders is quite obvious. Of course, I could be counting the chicks before they hatch here. The neckline is at 96c and if the pattern is a valid one, we could see $1.00 tested again. Good luck to fellow unitholders....
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By A Singaporean Stockmarket Investor (ASSI)
Have a more secure financial future in an uncertain world by creating a stream of reliable passive income with high yields.
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