Singapore Stock Market News
Keppel REIT - Opportunistic placement
StockFanatic
Publish date: Mon, 25 Feb 2013, 09:50 AM
StockFanatic
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Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
Adjusting for the timing of the
placement vs. our earlier assumption
of a more backend loaded placement
for Old Treasury Building, we trim
our FY13-15 DPU estimates but
maintain our DDM-based target price.
We reiterate our Neutral call as we
see higher headline yields
compensating for higher asset
leverage and income support.
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