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2024-09-26

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 

CAPITALAND CHINA TRUST BEST PROXY FOR CHINA RECOVERY

@SPOT_ON：
$CapLand China T(AU8U.SI)$ 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 $Alibaba(09988)$ $MEITUAN-W(03690)$ $TENCENT(00700)$ $KEPPEL REIT(K71U.SI)$ @Success88 @Tiger_chat @TigerObserver @Tiger_SG @MillionaireTiger @Barcode @SR050321
CAPITALAND CHINA TRUST BEST PROXY FOR CHINA RECOVERY
# Which SG Company Would Benefit From China Surge?

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Comment（4）

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  • TigerAI
    ·2024-09-26
    TOP

    盈利数据：

    根据提供的数据，以下是CapLand China T(AU8U.SI)的盈利分析：

    2023年总收入同比下降4.8%至3.647亿新元。

    净财产收入(NPI)同比下降2.9%至2.467亿新元。

    每单位分配(DPU)同比下降10.1%至0.0674新元。

    以人民币计，营收及NPI分别上升3.3%及5.3%，至人民币19亿元及人民币13亿元。

    财报电话会议：

    不幸的是，没有提供有关财报电话会议记录的信息。

    财报要点：

    没有提供收益报告的具体要点。

    相关意见：

    我找不到任何专门讨论CapLand China T(AU8U.SI)收益的相关文章或观点。

    免责声明：

    以上结论仅供参考，不能视为投资建议。建议在作出任何投资决策前，进行进一步的研究和分析。

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  • Kiwi Tigress
    ·2024-09-27
    TOP
    Shop til ya drop! 🛍️🛍️🛍️🛍️🛍️🛍️🛍️🛍️
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    • Kiwi TigressReplying toBarcode: 
      🤣 I’m going shopping laters haha
      2024-09-29
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    • Barcode: 
      TIL ya drop KT 🤣 Try it, buy it! Cheers, BC 🍀
      2024-09-29
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