CAPITALAND CHINA TRUST BEST PROXY FOR CHINA RECOVERY
$CapLand China T(AU8U.SI)$
8% DIVIDEND YIELD!!!
CLCT is the largest China-focused REIT in Singapore. It has three pillars for delivering sustainable returns: create, unlock and extract value. “We actively drive organic growth through asset enhancement initiatives (AEI), optimise our portfolio and use the proceeds to enhance our balance sheet as we look for new opportunities to strengthen the portfolio.” There are a lot of efforts on the ground to sieve out deals with good entry value that enable us to reap the benefits of a resilient, diversified and quality portfolio
CapitaLand had completed a merger with Ascendas-Singbridge (ASB) in 2019. CapitaLand and ASB have been in China since 1994, developing different asset classes. ASB was an early mover in business and tech parks in China while CapitaLand was an early mover in residential, serviced residences, integrated developments, office and retail malls in China. The merger enabled CLCT to acquire business parks, diversifying and de-risking its portfolio from pure retail.
CLCT is one of the most diversified REITs in terms of leases. Its top 10 tenants are retail, business park, and logistics park tenants, with reduced concentration risk.
CLCT’s business parks are poised to benefit from the emerging trends centred on innovation and technology. They are located in Hangzhou, Suzhou and Xi’an. The Ascendas Xinsu Portfolio has the strongest occupancy. It is situated in Suzhou Industrial Park, within a strong catchment area that continues to see high leasing demand. CLCT announced renewed leases of around 33,000 sq m and new leases of 17,000 sq m, both at single-digit positive reversions.
As a long-term player in China and leveraging the strong on-the-ground capabilities and tenant network of its sponsor CLI, CLCT is ready to pick up steam as China’s growth rebounds
Modify on 2024-09-26 16:54
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I opened positions in $CapLand China T(AU8U.SI)$ at a screaming bargain price! I love shopping 🛒🛍️🛍️🛍️🛍️🏬 and who doesn't love a great shopping mall 🏬? Plus there's business and logistics park properties. My awesome 🇸🇬Singapore bro @SPOT_ON talked me into going shopping with him - Again - on this stock. The last time I went shopping with him he made me over 14% on $OUEREIT(TS0U.SI)$ So I'm all in on this shopping trip. Cheers mate! Eh bro, let’s chiong this stock together lah, confirm can make one! 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Whose coming shopping with us and scooping up this bargain?
CapitaLand China Trust, or CLCT, is a China-focused REIT with a portfolio of nine shopping malls, five business park properties, and four logistics park properties.
The REIT’s unit price has slid 26% year-to-date (YTD) to S$0.68, just a tad higher than its 52-week low of S$0.67.
CLCT reported that gross revenue for 2023 fell by 4.8% year on year to S$364.7 million while net property income (NPI) dipped by 2.9% year on year to S$246.7 million.
Distribution per unit (DPU) tumbled 10.1% year on year to S$0.0674.
The weaker performance was principally because of a weaker exchange rate used to translate revenue and NPI back to Singapore dollars.
In RMB terms, revenue and NPI rose 3.3% and 5.3%, respectively, to RMB 1.9 billion and RMB 1.3 billion.
The REIT sported an occupancy rate of 91.4% as of 31 December 2023.
Its stable of malls saw a strong upsurge in both shopper traffic and tenant sales with China’s full reopening.
Shopper traffic for 2023 shot up nearly 46% year on year while tenant sales improved by 41.5% year on year.
CLCT’s gearing stood at 41.5% with an average cost of debt of 3.57%.
Happy trading ahead! Cheers, BC 🍀
@Tiger_comments @TigerPicks @TigerPM @TigerStars @TigerWire @Daily_Discussion @TigerGPT
I opened positions in $CapLand China T(AU8U.SI)$ at a screaming bargain price! I love shopping 🛒🛍️🛍️🛍️🛍️🏬 and who doesn't love a great shopping mall 🏬? Plus there's business and logistics park properties. My awesome 🇸🇬Singapore bro @SPOT_ON talked me into going shopping with him - Again - on this stock. The last time I went shopping with him he made me over 14% on $OUEREIT(TS0U.SI)$ So I'm all in on this shopping trip. Cheers mate! Eh bro, let’s chiong this stock together lah, confirm can make one! 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Whose coming shopping with us and scooping up this bargain?
CapitaLand China Trust, or CLCT, is a China-focused REIT with a portfolio of nine shopping malls, five business park properties, and four logistics park properties.
The REIT’s unit price has slid 26% year-to-date (YTD) to S$0.68, just a tad higher than its 52-week low of S$0.67.
CLCT reported that gross revenue for 2023 fell by 4.8% year on year to S$364.7 million while net property income (NPI) dipped by 2.9% year on year to S$246.7 million.
Distribution per unit (DPU) tumbled 10.1% year on year to S$0.0674.
The weaker performance was principally because of a weaker exchange rate used to translate revenue and NPI back to Singapore dollars.
In RMB terms, revenue and NPI rose 3.3% and 5.3%, respectively, to RMB 1.9 billion and RMB 1.3 billion.
The REIT sported an occupancy rate of 91.4% as of 31 December 2023.
Its stable of malls saw a strong upsurge in both shopper traffic and tenant sales with China’s full reopening.
Shopper traffic for 2023 shot up nearly 46% year on year while tenant sales improved by 41.5% year on year.
CLCT’s gearing stood at 41.5% with an average cost of debt of 3.57%.
Happy trading ahead! Cheers, BC 🍀
@Tiger_comments @TigerPicks @TigerPM @TigerStars @TigerWire @Daily_Discussion @TigerGPT
@TigerGPT
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I opened positions in $CapLand China T(AU8U.SI)$ at a screaming bargain price! I love shopping 🛒🛍️🛍️🛍️🛍️🏬 and who doesn't love a great shopping mall 🏬? Plus there's business and logistics park properties. My awesome 🇸🇬Singapore bro @SPOT_ON talked me into going shopping with him - Again - on this stock. The last time I went shopping with him he made me over 14% on $OUEREIT(TS0U.SI)$ So I'm all in on this shopping trip. Cheers mate! Eh bro, let’s chiong this stock together lah, confirm can make one! 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Whose coming shopping with us and scooping up this bargain?
CapitaLand China Trust, or CLCT, is a China-focused REIT with a portfolio of nine shopping malls, five business park properties, and four logistics park properties.
The REIT’s unit price has slid 26% year-to-date (YTD) to S$0.68, just a tad higher than its 52-week low of S$0.67.
CLCT reported that gross revenue for 2023 fell by 4.8% year on year to S$364.7 million while net property income (NPI) dipped by 2.9% year on year to S$246.7 million.
Distribution per unit (DPU) tumbled 10.1% year on year to S$0.0674.
The weaker performance was principally because of a weaker exchange rate used to translate revenue and NPI back to Singapore dollars.
In RMB terms, revenue and NPI rose 3.3% and 5.3%, respectively, to RMB 1.9 billion and RMB 1.3 billion.
The REIT sported an occupancy rate of 91.4% as of 31 December 2023.
Its stable of malls saw a strong upsurge in both shopper traffic and tenant sales with China’s full reopening.
Shopper traffic for 2023 shot up nearly 46% year on year while tenant sales improved by 41.5% year on year.
CLCT’s gearing stood at 41.5% with an average cost of debt of 3.57%.
Happy trading ahead! Cheers, BC 🍀
@Tiger_comments @TigerPicks @TigerPM @TigerStars @TigerWire @Daily_Discussion @TigerGPT
I opened positions in $CapLand China T(AU8U.SI)$ at a screaming bargain price! I love shopping 🛒🛍️🛍️🛍️🛍️🏬 and who doesn't love a great shopping mall 🏬? Plus there's business and logistics park properties. My awesome 🇸🇬Singapore bro @SPOT_ON talked me into going shopping with him - Again - on this stock. The last time I went shopping with him he made me over 14% on $OUEREIT(TS0U.SI)$ So I'm all in on this shopping trip. Cheers mate! Eh bro, let’s chiong this stock together lah, confirm can make one! 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Whose coming shopping with us and scooping up this bargain?
CapitaLand China Trust, or CLCT, is a China-focused REIT with a portfolio of nine shopping malls, five business park properties, and four logistics park properties.
The REIT’s unit price has slid 26% year-to-date (YTD) to S$0.68, just a tad higher than its 52-week low of S$0.67.
CLCT reported that gross revenue for 2023 fell by 4.8% year on year to S$364.7 million while net property income (NPI) dipped by 2.9% year on year to S$246.7 million.
Distribution per unit (DPU) tumbled 10.1% year on year to S$0.0674.
The weaker performance was principally because of a weaker exchange rate used to translate revenue and NPI back to Singapore dollars.
In RMB terms, revenue and NPI rose 3.3% and 5.3%, respectively, to RMB 1.9 billion and RMB 1.3 billion.
The REIT sported an occupancy rate of 91.4% as of 31 December 2023.
Its stable of malls saw a strong upsurge in both shopper traffic and tenant sales with China’s full reopening.
Shopper traffic for 2023 shot up nearly 46% year on year while tenant sales improved by 41.5% year on year.
CLCT’s gearing stood at 41.5% with an average cost of debt of 3.57%.
Happy trading ahead! Cheers, BC 🍀
@Tiger_comments @TigerPicks @TigerPM @TigerStars @TigerWire @Daily_Discussion @TigerGPT
I opened positions in $CapLand China T(AU8U.SI)$ at a screaming bargain price! I love shopping 🛒🛍️🛍️🛍️🛍️🏬 and who doesn't love a great shopping mall 🏬? Plus there's business and logistics park properties. My awesome 🇸🇬Singapore bro @SPOT_ON talked me into going shopping with him - Again - on this stock. The last time I went shopping with him he made me over 14% on $OUEREIT(TS0U.SI)$ So I'm all in on this shopping trip. Cheers mate! Eh bro, let’s chiong this stock together lah, confirm can make one! 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Whose coming shopping with us and scooping up this bargain?
CapitaLand China Trust, or CLCT, is a China-focused REIT with a portfolio of nine shopping malls, five business park properties, and four logistics park properties.
The REIT’s unit price has slid 26% year-to-date (YTD) to S$0.68, just a tad higher than its 52-week low of S$0.67.
CLCT reported that gross revenue for 2023 fell by 4.8% year on year to S$364.7 million while net property income (NPI) dipped by 2.9% year on year to S$246.7 million.
Distribution per unit (DPU) tumbled 10.1% year on year to S$0.0674.
The weaker performance was principally because of a weaker exchange rate used to translate revenue and NPI back to Singapore dollars.
In RMB terms, revenue and NPI rose 3.3% and 5.3%, respectively, to RMB 1.9 billion and RMB 1.3 billion.
The REIT sported an occupancy rate of 91.4% as of 31 December 2023.
Its stable of malls saw a strong upsurge in both shopper traffic and tenant sales with China’s full reopening.
Shopper traffic for 2023 shot up nearly 46% year on year while tenant sales improved by 41.5% year on year.
CLCT’s gearing stood at 41.5% with an average cost of debt of 3.57%.
Happy trading ahead! Cheers, BC 🍀
@Tiger_comments @TigerPicks @TigerPM @TigerStars @TigerWire @Daily_Discussion @TigerGPT
I opened positions in $CapLand China T(AU8U.SI)$ at a screaming bargain price! I love shopping 🛒🛍️🛍️🛍️🛍️🏬 and who doesn't love a great shopping mall 🏬? Plus there's business and logistics park properties. My awesome 🇸🇬Singapore bro @SPOT_ON talked me into going shopping with him - Again - on this stock. The last time I went shopping with him he made me over 14% on $OUEREIT(TS0U.SI)$ So I'm all in on this shopping trip. Cheers mate! Eh bro, let’s chiong this stock together lah, confirm can make one! 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Whose coming shopping with us and scooping up this bargain?
CapitaLand China Trust, or CLCT, is a China-focused REIT with a portfolio of nine shopping malls, five business park properties, and four logistics park properties.
The REIT’s unit price has slid 26% year-to-date (YTD) to S$0.68, just a tad higher than its 52-week low of S$0.67.
CLCT reported that gross revenue for 2023 fell by 4.8% year on year to S$364.7 million while net property income (NPI) dipped by 2.9% year on year to S$246.7 million.
Distribution per unit (DPU) tumbled 10.1% year on year to S$0.0674.
The weaker performance was principally because of a weaker exchange rate used to translate revenue and NPI back to Singapore dollars.
In RMB terms, revenue and NPI rose 3.3% and 5.3%, respectively, to RMB 1.9 billion and RMB 1.3 billion.
The REIT sported an occupancy rate of 91.4% as of 31 December 2023.
Its stable of malls saw a strong upsurge in both shopper traffic and tenant sales with China’s full reopening.
Shopper traffic for 2023 shot up nearly 46% year on year while tenant sales improved by 41.5% year on year.
CLCT’s gearing stood at 41.5% with an average cost of debt of 3.57%.
Happy trading ahead! Cheers, BC 🍀
@Tiger_comments @TigerPicks @TigerPM @TigerStars @TigerWire @Daily_Discussion @TigerGPT
I opened positions in $CapLand China T(AU8U.SI)$ at a screaming bargain price! I love shopping 🛒🛍️🛍️🛍️🛍️🏬 and who doesn't love a great shopping mall 🏬? Plus there's business and logistics park properties. My awesome 🇸🇬Singapore bro @SPOT_ON talked me into going shopping with him - Again - on this stock. The last time I went shopping with him he made me over 14% on $OUEREIT(TS0U.SI)$ So I'm all in on this shopping trip. Cheers mate! Eh bro, let’s chiong this stock together lah, confirm can make one! 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Whose coming shopping with us and scooping up this bargain?
CapitaLand China Trust, or CLCT, is a China-focused REIT with a portfolio of nine shopping malls, five business park properties, and four logistics park properties.
The REIT’s unit price has slid 26% year-to-date (YTD) to S$0.68, just a tad higher than its 52-week low of S$0.67.
CLCT reported that gross revenue for 2023 fell by 4.8% year on year to S$364.7 million while net property income (NPI) dipped by 2.9% year on year to S$246.7 million.
Distribution per unit (DPU) tumbled 10.1% year on year to S$0.0674.
The weaker performance was principally because of a weaker exchange rate used to translate revenue and NPI back to Singapore dollars.
In RMB terms, revenue and NPI rose 3.3% and 5.3%, respectively, to RMB 1.9 billion and RMB 1.3 billion.
The REIT sported an occupancy rate of 91.4% as of 31 December 2023.
Its stable of malls saw a strong upsurge in both shopper traffic and tenant sales with China’s full reopening.
Shopper traffic for 2023 shot up nearly 46% year on year while tenant sales improved by 41.5% year on year.
CLCT’s gearing stood at 41.5% with an average cost of debt of 3.57%.
Happy trading ahead! Cheers, BC 🍀
@Tiger_comments @TigerPicks @TigerPM @TigerStars @TigerWire @Daily_Discussion @TigerGPT
I opened positions in $CapLand China T(AU8U.SI)$ at a screaming bargain price! I love shopping 🛒🛍️🛍️🛍️🛍️🏬 and who doesn't love a great shopping mall 🏬? Plus there's business and logistics park properties. My awesome 🇸🇬Singapore bro @SPOT_ON talked me into going shopping with him - Again - on this stock. The last time I went shopping with him he made me over 14% on $OUEREIT(TS0U.SI)$ So I'm all in on this shopping trip. Cheers mate! Eh bro, let’s chiong this stock together lah, confirm can make one! 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Whose coming shopping with us and scooping up this bargain?
CapitaLand China Trust, or CLCT, is a China-focused REIT with a portfolio of nine shopping malls, five business park properties, and four logistics park properties.
The REIT’s unit price has slid 26% year-to-date (YTD) to S$0.68, just a tad higher than its 52-week low of S$0.67.
CLCT reported that gross revenue for 2023 fell by 4.8% year on year to S$364.7 million while net property income (NPI) dipped by 2.9% year on year to S$246.7 million.
Distribution per unit (DPU) tumbled 10.1% year on year to S$0.0674.
The weaker performance was principally because of a weaker exchange rate used to translate revenue and NPI back to Singapore dollars.
In RMB terms, revenue and NPI rose 3.3% and 5.3%, respectively, to RMB 1.9 billion and RMB 1.3 billion.
The REIT sported an occupancy rate of 91.4% as of 31 December 2023.
Its stable of malls saw a strong upsurge in both shopper traffic and tenant sales with China’s full reopening.
Shopper traffic for 2023 shot up nearly 46% year on year while tenant sales improved by 41.5% year on year.
CLCT’s gearing stood at 41.5% with an average cost of debt of 3.57%.
Happy trading ahead! Cheers, BC 🍀
@Tiger_comments @TigerPicks @TigerPM @TigerStars @TigerWire @Daily_Discussion @TigerGPT
I opened positions in $CapLand China T(AU8U.SI)$ at a screaming bargain price! I love shopping 🛒🛍️🛍️🛍️🛍️🏬 and who doesn't love a great shopping mall 🏬? Plus there's business and logistics park properties. My awesome 🇸🇬Singapore bro @SPOT_ON talked me into going shopping with him - Again - on this stock. The last time I went shopping with him he made me over 14% on $OUEREIT(TS0U.SI)$ So I'm all in on this shopping trip. Cheers mate! Eh bro, let’s chiong this stock together lah, confirm can make one! 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Whose coming shopping with us and scooping up this bargain?
CapitaLand China Trust, or CLCT, is a China-focused REIT with a portfolio of nine shopping malls, five business park properties, and four logistics park properties.
The REIT’s unit price has slid 26% year-to-date (YTD) to S$0.68, just a tad higher than its 52-week low of S$0.67.
CLCT reported that gross revenue for 2023 fell by 4.8% year on year to S$364.7 million while net property income (NPI) dipped by 2.9% year on year to S$246.7 million.
Distribution per unit (DPU) tumbled 10.1% year on year to S$0.0674.
The weaker performance was principally because of a weaker exchange rate used to translate revenue and NPI back to Singapore dollars.
In RMB terms, revenue and NPI rose 3.3% and 5.3%, respectively, to RMB 1.9 billion and RMB 1.3 billion.
The REIT sported an occupancy rate of 91.4% as of 31 December 2023.
Its stable of malls saw a strong upsurge in both shopper traffic and tenant sales with China’s full reopening.
Shopper traffic for 2023 shot up nearly 46% year on year while tenant sales improved by 41.5% year on year.
CLCT’s gearing stood at 41.5% with an average cost of debt of 3.57%.
Happy trading ahead! Cheers, BC 🍀
@Tiger_comments @TigerPicks @TigerPM @TigerStars @TigerWire @Daily_Discussion @TigerGPT
Kia ora SO! It might be refuelling ⛽️, but not quite ready to go yet:
CapitaLand China Trust (AU8U) is currently holding steady at SGD 0.845, finding a balance amidst its trading range. Here’s a breakdown of its technical and market outlook.
Resistance Levels
The stock is flirting with a significant resistance zone between SGD 0.85 and SGD 0.88. Historically, this range has acted as a sturdy ceiling. A strong push above SGD 0.88, accompanied by volume, could signal bullish momentum. But beware, it’s also near its 52-week high, suggesting potential headwinds ahead as traders eye this critical level.
Oscillators
With the Relative Strength Index (RSI) lingering around 45, the stock is comfortably neutral. Neither overbought nor oversold, it’s an indicator of stability, with no immediate drastic price action expected. This reinforces the current sideways trading activity—calm before the potential storm.
Moving Averages
The stock is coasting along both its 50-day and 100-day moving averages. No drastic shifts here, as the moving averages remain neutral, indicating that the stock is treading water with neither a bullish breakout nor a bearish slide on the horizon.
MACD Momentum
The MACD indicator is flashing a mild warning, with a reading of -0.0003. Though it’s in negative territory, the bearish momentum appears weak, signalling that any downturn may be short-lived unless there’s a significant catalyst to sway sentiment further.
Technical Snapshot
At the moment, AU8U seems to be in a consolidation phase. Investors should keep their focus on the critical SGD 0.88 resistance zone. A break beyond this level, paired with volume, could kick-start a fresh rally. However, if this level holds firm, the stock might continue its range-bound behaviour or face mild selling pressure.
Fibonacci & Gann Levels
Historically, Fibonacci retracement levels point to SGD 0.88 as a crucial level to watch. This aligns with its current resistance, reinforcing its significance. Whether Fibonacci or Gann followers, the message is clear: keep an eye on this zone for signs of a breakout or reversal.
CapitaLand China Trust remains neutral-to-slightly-bearish for now. Watch for clear volume and momentum indicators to guide the next move.
Happy trading ahead. Cheers, BC 🍀
//@SPOT_ON:the rocket has refueled ?!! [Miser] [Cool] @BarcodeHappy trading ahead, Cheers BC 🍀