Friday, 29 April 2011

CIT 2011 Q1

The results doesn't look good at all.

Some numbers:

Annualised DPU of 4.06c  - 7.96% at 0.51c closing price.

Gearing is 33.3%

The announcement in this link below is even more interesting.$file/110428SGXCITGrossRentalClarification.pdf?openelement

I think its time to move on.


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