CMMT (5180)


Fundamental analysis

  1. ​There are significant negative impact on REIT segment due to OPR hike in Jan'18 by 0.25%,

  2. Thus, CMMT is one of the victim under OPR hike.

  3. It price decrease significantly in 2018 and it become same level with Aug'15.

  4. Revenue decrease slightly compare to previous year.

  5. Profit and profit margin also decrease slightly.

  6. Major revenue generated from Gurney Plaza & East Coast Mall

  7. Due to significant decrease in pricing, CMMT become attractive to dividend investor based on consideration below:

  • Dividend Yield : 7.90% as per total dividend amount declared for financial year ended 2017-12-31

  • Dividend Yield : 7.04% as per CMMT price @ RM 1.04 / Average of dividend payout in last 8 years

Technical Analysis

  1. CMMT entered a price correction phase after dividend payout.

  2. 150 MA 50 MA 30 MA showed bearish

  3. MACD bearish with positive direction

  4. RSI bullish.

  5. Support point (1) 0.998

  6. Resistance point (1) 1.064

#CMMT5180

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