CapitaLand Retail China Trust (CRCT)

“We continue to recommend investors to adopt a balanced approach towards investing in the sector."

According to the brokerage, CRCT reflects “compelling value” at 0.7 time its net asset value with forward yields of over 8.5%.

The brokerage says ROEs should rebound back to 7% to 8% in 2021 to 2022.

Unitholders can expect to receive their dividends on September 28.

As Singapore gradually reopens from its circuit breaker measures, DBS analyst Derek Tan and its Singapore research team believe that retail REITs are the “preferred” sector due to earlier-than-anticipated mall openings.

More companies in danger of default given higher leverage, weaker balance sheets and greater risk of liquidity crunch amid the pandemic

The manager says CRCT is in a “strong financial position” to ride through the challenges from Covid-19.

All of CapitaLand Retail China Trust’s 13 retail malls in China have reopened.

 UnUsUaLPrice targets:38 cents BUY (RHB Group Research)44 cents BUY (UOB Kay Hian Research)Year-to-date, the share price of UnUsUaL has plunged some 32% as the group was forced to postpone large-scale events such as the JJ Lin concert

SINGAPORE (Feb 10): Since Jan 24, units in CapitaLand Retail China Trust (CRCT) has shed some 9.09% or 15 cents to trade at $1.51 on Monday morning.