Singapore Stock Market News

Hongkong Land - FY14 preview, MSCI inclusion?

StockFanatic
Publish date: Fri, 06 Feb 2015, 12:26 PM
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.
■ FY14 results out on 5 Mar; we expect results to be in line. Watch for HKL's HK office vacancies vs Oct's high 6.8%, rental reversions & cap rates.

■ Any MSCI HK inclusion in November would be a catalyst, going by Link REIT's inclusion in HSI.

Maintain BUY and TP. A good proxy to "re-centralization" theme in HK office space while supply is limited in Central. Trading at 31% discount to NAV and 0.7x 2015 P/BV.
Read more »
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment