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CAPITALAND MALL TRUST C38U.SI CapitaLand Mall Trust: A good blue chip name to buy
Price corrected post our downgrade
FY16F yield close to 2 SD above 5- year mean
Expect stable DPU growth
Valuations back to attractive levels
- Following our downgrade on CapitaLand Mall Trust (CMT) to a Hold on 22 Oct 2015, we note that its share price has since corrected 8.5%, as market jitters resurfaced over the possibility of a Fed lift-off in Dec this year after a strong Oct jobs data report.
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