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@koolgalοΌ$CapLand IntCom T(C38U.SI)$ has risen 4.11% since the beginning of this year. Is it a good time to buy, sell or hold CICT? Let's do a deep dive into CICT. CICT is the largest REIT in Singapore with a market capitalisation of 13.5 billion dollars. Its portfolio comprises of 20 properties in Singapore, 2 in Frankfurt Germany and 2 in Sydney Australia with a total property value of SGD22. 9 billion as at 31 December 2021. CICT is a subsidiary of $CapitaLandInves(9CI.SI)$ , backed by Temasek Holdings. According to financial analysts from DBS, Maybank, OCBC, UOB Kay Hian and CGS-CIMB, CICT is a BUY with target price ranging from 2.5 to 2.57. The latest news on CICT is that it is acquiring 79 Robinson Road for SGD1.3 billion. This acquisition is dividend accretive. CICT will certainly benefit from the recent relaxing of Covid 19 measures in Singapore. Its retail outlets will see improved footfall. With Work from Home no longer the default option and 75% of staff allowed back to offices, office rentals will also be on an upswing too. CICT also pays regular and steady dividends. The dividend yield is 4.6%. Therefore I intend to keep $CapLand IntCom T(C38U.SI)$ in my long term portfolio. It also has an excellent management team and is profitable. CICT will provide me with a reliable source of passive income long term. Go Long, Go Strong, Go CICT! @TigerStars
$CapLand IntCom T(C38U.SI)$ has risen 4.11% since the beginning of this year. Is it a good time to buy, sell or hold CICT? Let's do a deep dive into CICT. CICT is the largest REIT in Singapore with a market capitalisation of 13.5 billion dollars. Its portfolio comprises of 20 properties in Singapore, 2 in Frankfurt Germany and 2 in Sydney Australia with a total property value of SGD22. 9 billion as at 31 December 2021. CICT is a subsidiary of $CapitaLandInves(9CI.SI)$ , backed by Temasek Holdings. According to financial analysts from DBS, Maybank, OCBC, UOB Kay Hian and CGS-CIMB, CICT is a BUY with target price ranging from 2.5 to 2.57. The latest news on CICT is that it is acquiring 79 Robinson Road for SGD1.3 billion. This acquisition is dividend accretive. CICT will certainly benefit from the recent relaxing of Covid 19 measures in Singapore. Its retail outlets will see improved footfall. With Work from Home no longer the default option and 75% of staff allowed back to offices, office rentals will also be on an upswing too. CICT also pays regular and steady dividends. The dividend yield is 4.6%. Therefore I intend to keep $CapLand IntCom T(C38U.SI)$ in my long term portfolio. It also has an excellent management team and is profitable. CICT will provide me with a reliable source of passive income long term. Go Long, Go Strong, Go CICT! @TigerStarsDisclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.