Bought 8,000 shares of CapitaRetail China Trust (CRCT) on 15th Oct at $1.36.
Reasons for buying:
1) Close to 52weeks low $1.34
2) 7.2% dividend yields
3) PB of 0.82
4) Strong and responsible sponsor CapitaLand
5) The cycle will happen again :p
Point 3 and 4 above will provide me some safety margin specially since we are awaiting for a stock crash....
Related post:
1) SOLD: CapitaRetail China Trust, FIFO: Singtel, BUY: Parkwaylife REIT
2) Added: CapitaRetail China Trust
3) Summary of my portfolio - Sep 2016
No comments:
Post a Comment