Singapore Stock Market News
Keppel T&T - Deeply undervalued
StockFanatic
Publish date: Wed, 21 Jan 2015, 10:27 AM
StockFanatic
0 10,453
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.
KPTT's FY14 core net profit of S$72m exceeded our expectations, at 112% of our full-year forecast. This was mainly due to acquisition fees earned by KPTT through its wholly-owned subsidiary, Keppel DC REIT Management. Due to the one-off gain recognised from the sale of its data centre assets, a special DPS of 11.5 Scts was declared, bringing total DPS to 15 Scts (implying a 10% dividend yield).
We trim our FY15-16 EPS by 2-3% to account for:
1) the divestment of its data centre assets to Keppel DC REIT,
2) management fees earned from the REIT, and
3) associates contributions from its 30.1% stake in the REIT.
Our SOP target price inches up to S$1.93. KPTT remains an Add, with asset recycling and new logistics capacity additions as the key catalysts.
Read more » More articles on Singapore Stock Market News
Market Commentary: Record highs on trade, vaccine developments
Created by StockFanatic | Aug 26, 2020
Market Commentary: Record highs on trade, vaccine developments
Created by StockFanatic | Aug 26, 2020
Market Commentary: Data help US market end week on a high note
Created by StockFanatic | Aug 24, 2020
Market Commentary: Data help US market end week on a high note
Created by StockFanatic | Aug 24, 2020
Market Commentary: And they are back, with S&P within inches of record high close
Created by StockFanatic | Aug 13, 2020
Market Commentary: And they are back, with S&P within inches of record high close
Created by StockFanatic | Aug 13, 2020
Market Commentary: US negotiations over stimulus continue amid diplomatic tensions
Created by StockFanatic | Aug 11, 2020
Market Commentary: US negotiations over stimulus continue amid diplomatic tensions
Created by StockFanatic | Aug 11, 2020
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
New Update. Discover investment communities that resonate with your ideas
Trade Confidently & Analyze Charts Conveniently - Download VCPlus IOS & Android App Now!
Latest Videos
Apps
Top Articles
1
RHB Investment Research Reports
2
CEO Morning Brief
Singapore Airlines Vows to Expand Capacity Despite Rising Competition
3
RHB Investment Research Reports
Venture Corp - Soft Demand Delaying 2H Recovery; Maintain BUY
4
5
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
