Highlights

SGX Stocks and Warrants

Author: kimeng   |   Latest post: Thu, 18 Oct 2018, 01:15 PM

 

Viva Industrial Trust (VIT): In Line Set of Results

Author:   |    Publish date:


Viva Industrial Trust's (VIT) 1Q results were within expectations.

Revenue increased 4.8% YoY to S$28.7m while distributable income dropped 9.2% YoY to S$16.2m, mainly due to the management fees being paid in cash alone as opposed to a combination of cash and stapled securities.

However, distribution declared was 0.8% higher YoY due to a S$1.78m top-up consisting of all previously retained distributable income arising from the Jackson Square Rental Support settlement.

As a result of 1.6% YoY increase in the number of stapled securities for calculation of DPU, DPU dropped 0.9% YoY to 1.838 S cents or 24.4% of our full-year forecast.

In other updates, the period of exclusivity for the discussions on the proposed merger with ESRREIT has been extended to 31 May 2018.

We place our BUY rating and fair value of S$0.93 under review pending further details.

Source: OCBC Research - 16 May 2018

Share this
Labels: Viva Ind Tr

Related Stocks

Chart Stock Name Last Change Volume 
Viva Ind Tr 0.905 0.00 (0.00%)

Market Buzz

Date Type Subject
16-Oct-2018 Blog Viva Industrial Trust: Payment of Scheme Consideration Expected to be Tomorrow
19-Oct-2018 Announcement General Announcement::Clean-up Distribution
18-Oct-2018 Announcement Delisting of Security::Mandatory
17-Oct-2018 Announcement General Announcement::Payment of the Scheme Consideration, Delisting of VIT and Clean-up Distribution
17-Oct-2018 Announcement Disclosure of Interest/ Changes in Interest
17-Oct-2018 Announcement Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer::Change in Director's interest
17-Oct-2018 Announcement Disclosure of Interest/ Changes in Interest
17-Oct-2018 Announcement Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer::Change in Director's interest
17-Oct-2018 Announcement Disclosure of Interest/ Changes in Interest
16-Oct-2018 Announcement Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer::Change in Director's interest
16-Oct-2018 Announcement Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer::Change in Director's interest
16-Oct-2018 Announcement Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer::Change in Director's interest
16-Oct-2018 Announcement Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer::Change in Director's interest
16-Oct-2018 Announcement Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer::Change in Director's interest
15-Oct-2018 Announcement General Announcement::Effective Date of the Scheme

  Be the first to like this.
 


 

162  145  201  560 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 HSI28000MBeCW.. 0.092-0.002 
 HSI24800MBePW.. 0.122-0.002 
 HSI25200MBePW.. 0.126-0.002 
 YZJ Shipbldg SGD 1.18-0.19 
 HSI27600MBeCW.. 0.1350.00 
 Rex Intl 0.097-0.006 
 HSI25288VTePW.. 0.145-0.003 
 HSI27188VTeCW.. 0.0450.00 
 Genting Sing 0.935-0.015 
 GSH 0.3950.00 
Partners & Brokers