Singapore Stock Market News

Global Logistic Properties - Robust leasing demand

StockFanatic
Publish date: Fri, 30 Oct 2015, 06:00 PM
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.

■ 2QFY3/16 EPS slightly below, accounting for 18% of our FY16 estimate.

■ China operations benefited from new-builds and rent growth; more completions in 2H.

■ Weak currency continues to be a drag on Japan earnings on translation.

■ Strong performance in the US while Brazil impacted by lower asset values.

Maintain Add with a lower RNAV-based target price of S$3.18.
Read more »
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment