Singapore Stock Market News

Capitacommercial Trust - Back-filling in progress

StockFanatic
Publish date: Mon, 22 Apr 2013, 12:20 AM
StockFanatic
0 10,452
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.
Back-filling should keep CCT busy in 2013 as major tenants depart One George Street and Capital Tower and with income support falling off at One George. CCT's share price could trade range-bound until the overhang from uncertainties is lifted.

1Q13 DPU met our and consensus expectations, forming 25% of our FY13 forecast. We tweak DPUs on occupancy adjustments but keep our DDM-based target price (discount rate 7.3%). Maintain Underperform pending the lifting of uncertainties at One George Street.
Read more »
Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment