Capitaland Mall Trust *Official* (SGX: C38U)

[Wood41]

Funan is very central & should be popular with
office & hopefully its retail.

Donki could have a flagship store there.

 

[Jupiter2017]

http://www.businesstimes.com.sg/com...take-maybank-kim-eng-negative-on-retail-reits
Broker's take: Maybank Kim Eng 'negative' on retail Reits
TUE, JAN 02, 2018 - 11:39 AM TAN HWEE HWEE hweetan@sph.com.sg

SINGAPORE'S retail real estate investment trusts (Reits) continue to face rising rates, peak new supply and structural challenges despite a cyclical rebound in tourism and a stronger economy, Maybank Kim Eng analysts said in a recent report.
The brokerage initiated coverage of the sector with a "negative" call, giving a "buy" recommendation only to top-pick Frasers Centrepoint Trust (FCT).
CapitaLand Mall Trust and SPH Reit earned "hold" calls, while Mapletree Commercial Trust and Starhill Global Reit received "sell" ratings.
Maybank Kim Eng noted that optimism has been rising on retail Reits as tourism, GDP growth, the job market and consumer sentiment improve.
But retailers and malls are also feeling the heat from e-commerce competition and sales leakages as Singaporeans increasingly spend overseas or via online channels. Such structural challenges look daunting with online penetration potentially climbing to between 10 and 20 per cent from 4.6 per cent of retail sales.
Sales per square metre of retail space have also eroded 6 per cent over three years, with long-term organic growth rates for retail Reits lacking visibility, the broker said.
Despite these considerations, Maybank Kim Eng considered FCT, which has three malls in the north of Singapore that make up 80 per cent of its assets under management, as more resilient.
Elsewhere, the broker flagged a weaker outlook for suburban malls, and it forecast that prime Orchard Road rentals will stage a recovery in 2018 due to tight supply.
Maybank is projecting a 14.4 per cent total return upside for FCT, versus up to an 11 per cent downside for other retail Reits.

 

[Wood41]

Bought CMT @ average about $1.93 with >$0.10 dividend in early/ mid 2017.

It is $2.15 today.

 

[weng0202]

Bought CMT @ average about $1.93 with >$0.10 dividend in early/ mid 2017.

It is $2.15 today.

Your price better than mine, I got at 1.98 I think. But still happy lah. Haha

 

[Wood41]

June was ‘doomsday’ when Amazon Prime set its feet here .
Buy when there is fear .

Your price better than mine, I got at 1.98 I think. But still happy lah. Haha

 

[ExtremeWays]

June was ‘doomsday’ when Amazon Prime set its feet here .
Buy when there is fear .

这个可以Fifo吗？

 

[weng0202]

这个可以Fifo吗？

I think reits quite hard to do fifo.

 

[Wood41]

Used to one of my favourite fifo for so many years since its ipo.
Had it in ipo ( first SGX Reit ! )
& fifo for years until recently.

Time to fifo soon ?

这个可以Fifo吗？

 

[starfish.starfish]

Used to one of my favourite fifo for so many years since its ipo.
Had it in ipo ( first SGX Reit ! )
& fifo for years until recently.

Time to fifo soon ?

Gonna CD again soon

 

[Jupiter2017]

boat coming back ?

 

[Mr. Wood]

boat coming back ?

huat ah

 

[Mergui219067]

Buy at about $1.90 usually okay unless the market crashes.

boat coming back ?

 

[Layers]

Buy at about $1.90 usually okay unless the market crashes.

even crash has cmt drop below 1.80?

Sent from Samsung SM-N950F using GAGT

 

[Dividends Warrior]

boat coming back ?

Yes, boat coming back.
Looks like forming a Double Top Reversal Pattern.
I would wait below $2.

 

[NewInvestor]

Yes, boat coming back.
Looks like forming a Double Top Reversal Pattern.
I would wait below $2.

Thanks for the info.

 

[tanjiakpeng]

Bought CMT @ average about $1.93 with >$0.10 dividend in early/ mid 2017.

It is $2.15 today.

i have been in this since 1.93 too. will load more below $2

 

[Mergui219067]

Up 2 cents to $2.06
Triple Top Reversal Pattern next ?

Yes, boat coming back.
]

 

[Mr. Wood]

Up 2 cents to $2.06
Triple Top Reversal Pattern next ?

complex double top

 

[laksa2003]

complex double top

gg.. many old pple money here

 

[Layers]

gg.. many old pple money here

2.07 y no gd?

Sent from Samsung SM-N950F using GAGT