CAPITALAND MALL TRUST (C38U) SGD 1.95

2 days before CT ex dvd date on 30/07/19 closed firmer

To watch

29 Apr 2016 - 200 shares @ SGD 1.97

13 Jan: Too high (2.32)

Fri 26 Oct 2018 CMT units down 3.7% after close of private placement; raises S$277.6m

CAPITALAND Mall Trust (CMT) has closed a private placement of more than 134 million new units at an issue price of S$2.07 per unit, raising gross proceeds of S$277.6 million. To finance the acquisition of the remaining 70 per cent interest in Westgate. Issue price of S$2.07 per new unit represents a discount of 3.77% Trading of the new units will commence on Nov 8.

CMT units fell 3.69 per cent or eight Singapore cents to S$2.09 in early morning trade on Friday

CAPITALAND Mall Trust (CMT) has posted a third-quarter distribution per unit (DPU) of 2.92 Singapore cents, up 5 per cent from the same period a year earlier. 28 Oct 2018

Ya. Hope to see her revisit her Feb Low at 1.95. By the way... CMT...

Apr Low 2.03 Mar Low 1.98 Feb Low 1.95

Last High at 2.12 which is also the May High and Apr High. Mar High was 2.09. Feb High was 2.11.

A2 rating, highest awarded to reits in Singapore. 98.9% occupation rate. Growing income. Payout rate about 50%. As at 31 March 2018, CMT’s average cost of debt and aggregate leverage were 3.2% and 33.5% respectively.

DPU payout is consistent over last few years.

Blue Chip

Dollar cost average a price below $1.93

Worth getting in should price be around 1.90

Buy At 1.91 dividend on 27 July o,0273 (137$ for 5000 share) - total amount $9600 sell at 1,9887( 5% profit including dividend).

TP: $1.92 Dividend : $111.3 (5.7%) Feb, May, Aug, Nov


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