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Showing posts from July, 2014

CMMT - switching within Reit counters

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There are many method to "make" money in stock market, one of the way i like to use is call "changing horse", just see below how this method work. First, let me introduce one stock, not very popular, but with good and consistent dividend in last 4 years. The company I mean here is Capital Malls Malaysia Trust (CMMT, 5180). I have been follow up closely the company's performance for the past 2 years (together with 2 other Reit stocks) but unable to decide the entry point. (at which level to buy) CMMT is a reit stock, currently they have 4 main properties, namely, Gurney Plaza, Sungei Wang Plaza, The Mines and East Cost Mall. Overall, the occupancy rate is about 98%. Gurney Plaza is one of the place I like to visit on week end, one of the reason, the parking place is nice and safe. (at Penang, you can find many shopping malls, but many places are dirty and smelly) They are also in the midst of discussion, potentially add Queensbay Mall (another place I used