CapitaCom Trust   

CapitaComm

Updates of July 11, '12:- 

 

Monday may go on profit take liao.

 

CCT's acquisition of Raffles City shopping centre, completed this month, has increased the investment property portfolio by about 58% to reach nearly $3.48b,OCBC analyst Winston Liew said in a client note.



Liew also said that CCT's intention to convert some of the space in Raffles City for retail use could increase revenue by $25-$33m.



"Over the next two years, there is very limited new supply coming into the market, and since CCT has between 24-37%of its portfolio space up for renewal during this period, it is well-positioned to benefit from this situation," Liew said. "Hence we anticipate strong organic earnings growth."

 

"Among pure office plays, CapitaCommercial is my best bet," OCBC analyst Winston Liew said.



OCBC has a fair value for CapitaCommercial at $2.32. The brokerage also identified CapitaCommercial as one of the key Singapore-listed stocks likely to deliver strong earnings in the years ahead.



DBSV analyst Cheng Wee Tan said CapitaCommercial and K-REIT Asia are among the primary beneficiaries of rising office rents.



While CapitaCommercial is trading above DBS' fair value of $1.94, the brokerage is in the process of revising its target price, he said.

 

Very speculative comments ......good for trading, though. Cheers!

 

wah! major chiong siah!

 

Must be some big players can't pay up, at last half hour, force sell...?

 

Must be some big players can't pay up, at last half hour, force sell...?

 

Hi,

After the sell, now is the major "Cheong" liao !

 

Anybody knows what happen to capitaComm, there is a sudden sell off? Good to buy?