Hey there, fellow investors! Welcome back to ‘The Dividend Uncle’, where we break down the latest in REITs and steady-income investments.
Today, we’re revisiting one of my largest holdings, CapitaLand China Trust or CLCT for short. For a while now, I’ve shared with you that my personal analysis showed that CLCT was undervalued, especially after it plunged 50% this year.
Since early August, sentiments have improved alongside the rally in the wider REITs sector. Up till the week ended 20 September, CLCT’s share price jumped 20%. And if there were any doubts about its recovery, they were cast aside last week when CLCT rallied another 10% on 27th September itself, bringing the total rally to around 35%. The initial rally was in line with the broader resurgence of the REIT sector, driven by expectations of US Fed rate cuts, and the sharp rise last week was likely fueled by China’s stimulus measures.
In today’s video, I’ll share with you why I held on to CLCT, even when the market overlooked it, and whether I think this rally has more legs to run. As always, this is based on my real portfolio, where CLCT plays a key role, and I’ll share what I’m planning to do with my holdings in CLCT moving forward.
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Please do not treat any content to be financial advice. "The Dividend Uncle" channel aim to provide content for educational and entertainment purposes only. I am vested in the REITs/ shares discussed in this video.
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P/NAV charts from https://www.reit-tirement.com/...