Shares & Derivatives
3 reasons to bet on Croesus Retail Trust
By K.I.S.S. Investing  •  May 20, 2014
Gone were the days where Croesus Retail Trust lingered at below its IPO price of S$0.93 around one year ago. It has been on an upswing recently, up almost 8% in a month. This can be due to the positive news where it still has the first right of refusal to 2 additional malls in Japan. Other than that, there are 3 compelling reasons why Croesus Retail Trust is worth another look:
  1. Strong Financials: Besides reporting Actual results that out-performed forecasts in 3 straight quarters, it is offering a dividend yield of 7.37%.
  2. Right Place, Right Time: Croesus Retail trust properties are all situated in Japan, a country where many asset values have fallen drastically for the past decade. Nevertheless, under Abenomics, the middle income crowd seems to be getting back into shape.
  3. Awards: Winning the title of "Best Small Cap Company" drives ...
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By K.I.S.S. Investing
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