Latest Forum Topics / Keppel Reit Last:0.855 -0.005 | Post Reply |
K-Reit
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myehub
Member |
15-Mar-2007 14:50
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Anyone know what happen to this counter? everyone green but this red and fallen so much from the open position |
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zhuge_liang
Supreme |
25-Jan-2007 21:12
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Distribution yield is unattractive at 2.7%. NRA has a tp of 2$.17. |
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Nostradamus
Supreme |
13-Oct-2006 17:42
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DBS Vickers says it has raised its price target to $2.45 from $1.48 because it has increased its assumptions of growth in rents for the REIT. The brokerage believes K-REIT is undervalued. "Our revaluation of the assets revealed [a] potential revaluation surplus of $147.4m, which will raise [its] revised net asset value to $2.42 from $1.82, the level at which the assets were injected into the REIT," DBS Vickers said in a note to clients. It has revised upwards its estimates of K-REIT's distribution per unit (DPU). "Our forward DPU forecast of $0.083 for 2008 translates into distribution yield of 4.5%, in line with initial office asset yields," DBS Vickers said. "Yield spreads are also becoming attractive, with [the] 10-year government bond yield receding by 40 basis points in the last three months, and strong organic growth expected with positive rental reversions," it said. |
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