Shares & Derivatives
Why Did CRCT Share Price Increase By More Than 5 Percent In The Last One Week
By Rolf Suey - Invest in Yourself  •  October 6, 2020
Shares of CRCT fell to ten year low of SGD1.10 last week, if we disregard Covid-19 March slump of SGD0.92. The price had plunged more than 50 percent since YTD peak in January 2020. This is in spite of China’s fast economic recovery from the pandemic. No doubt  shoppers’ traffic and tenant sales are not yet to pre-Covid levels, BUT they are expected to improve in 2H2020. Therefore, I had been accumulating CRCT shares in the last two months, as I feel that CRCT is greatly undervalue. Earlier in August, I had also cited several reasons why CRCT is attractive. Read: CapitaLand Retail China Trust (CRCT) – Why it is a Dividend and Growth Gem & Why It Is Greatly Undervalued Compared to the Rest of SGX REITs and Trusts? Some of the reasons of my "buy" stem from good financial metric compared to other SGX REITs;...
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By Rolf Suey - Invest in Yourself
I am a Singaporean, born in the late 1970s experiencing mid-life career crisis at time of writing this blog. One reason to start blogging at an older age, is to break my own comfort zone. While it can be considered late, it is "Better Late Than Never" ...
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