Shares & Derivatives
Recent Action – CapitaCommercial Trust
By A Path to Forever Financial Freedom (3Fs)  •  August 18, 2015
I recently added 8,000 shares of CapitaCommercial Trust (CCT) at a price of $1.33 into the portfolio. This is on the back of a great recent fall from the high of $1.94 in recent times to the current low at $1.33. I was looking through closely and waiting for a comfortable price to get in and I thought the current share price offered reasonably good long term returns with a price to book value at 0.77 and a dividend yield at probably around 6.5%. The office sector is undergoing some corrections right now with massive supply glut going to come in 2016. They are also more cyclical to the economy than any other reits we can find out there. This is probably the reason why buying an office reits require investors to consider margin of safety. Investors who bought near the peak would be waiting ......
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By A Path to Forever Financial Freedom (3Fs)
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