Cache Logistic Trust – What really matters in a REIT

Some numbers are not provided due to the lack of available informations

Constituted in 11 February 2010 | Warehouse Properties | Singapore , China & Australia | Portofolio value at 1.3 billion

  1. IDENTIFICATION OF COMPANIES THAT ARE UNDERVALUED.

    • Price to Book Ratio : 1.009 (overvalued by 0.9%)
  2. LEARN ABOUT THEIR NUMBERS

    • Gearing : 66.93% ( Above average reliance on financing for growth)
    • Wale : 4.4 Years
    • Current Ratio : 0.685 ( Unable to pay off short-term debts and long term obligation if liquidated)
    • Growth Rate : 7% (over 5 years)
    • Cash Flow Per Share : -0.0122
    • Poor management ability ( Decreasing dividend payout | Net income decreasing| Poor cashflow management )screen-shot-2016-10-16-at-6-25-47-pmscreen-shot-2016-10-16-at-6-23-21-pm

Still not a buy buy for me hais –  due to the management’s ability! Anyway I have just read finish Benjamin Graham – Intelligent investor!! It’s a real good read that advocates the importance of number! I’ll share more on what I’ve learnt on the next post.

p.s I wanted to write about tax evasion…. but…. hais

“+1 knowledge point”

Advertisements

2 thoughts on “Cache Logistic Trust – What really matters in a REIT

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s