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Alignment Elite	01-Jan-2026 03:47        Alignment About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	If falling interest rates mean KIT gets its Ixom interest cost back to its 2021 level then that increases KIT' s DPU yield from 8% to 9%. Ixom' s interest cost is only 1/3 of KIT' s total interest cost, so the same saving across the rest of KIT' s debt would take the DPU yield to 11%. The Global Marine deal then is aniother 0.5% so 11.5% DPU yield. Organic growth from the other assets will increase this even more.
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MrBear12 Supreme	31-Dec-2025 08:54        MrBear12 About Contact  Quote this Post! Style: Combined   Mood: Yells: "Cast all our anxieties on Jesus for He cares for us"
x 0   x 0  Alert Admin	Everyone happy 😊 🐻 investshare      ( Date: 31-Dec-2025 07:45) Posted: When buy asset, say yield accretive. After buy, tons of excuses.
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investshare Supreme	31-Dec-2025 07:45        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	When buy asset, say yield accretive. After buy, tons of excuses.
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killua Member	30-Dec-2025 21:21        killua About Contact  Quote this Post!
x 0   x 0  Alert Admin	When interest rate were low, they complained that the asset price were high. When interest rate is high, they complain high interest expense. And the deals they do is a miserable 1% of AUM size. It is a waste of time given the manpower committed. Their investment team' s efficiency is very low.   Alignment      ( Date: 27-Dec-2025 11:34) Posted: I don&rsquo t think your specific point about Ixom and hence your broader thesis is correct. Ixom&rsquo s FFO in FY20 was A$94m. In FY24 the figure was only A$57m, the A$37m decrease caused by an almost exact same increase in finance costs. Therefore Ixom was a net negative contributor to FFO since 2020. Taking a step back, KIT&rsquo s ordinary DPU today is actually about 5% higher than it was in 2020 (on top of which we have also seen some nice special dividends as well). This is despite the negative Ixom performance, the higher interest rate headwinds more generally and the higher KIT manager fee (which from memory reduced DPU by 10%? I have previously calculated this figure in another post) which we investors need to take a share of the blame for by voting it through. That these significant negative issues were overcome were due to a combination of strong organic performance from the other assets plus the contribution of well priced acquisitions. I am far from a management cheerleader. The increased management fee still annoys me as do some aspects of their acquisitions like the way they do their equity fundraisings &ndash I have posted about all this before. But I have to say the recent deals they have done have all been good the energy transition ones, the Singapore water, Ventura (which I was initially sceptical about but they then flipped a stake soon after for an immediate profit) and now this subsea cable one is pretty decent. The interest rate headwind for the past few years has turned in our favour, so Ixom&rsquo s almost 50% decline in FFO since FY20 could translate going forward into a circa 100% increase, with a similar impact on KIT&rsquo s other assets. Very good times ahead I feel.
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MrBear12 Supreme	27-Dec-2025 18:36        MrBear12 About Contact  Quote this Post! Style: Combined   Mood: Yells: "Cast all our anxieties on Jesus for He cares for us"
x 0   x 0  Alert Admin	Best is yet to be Alignment      ( Date: 27-Dec-2025 11:34) Posted: I don&rsquo t think your specific point about Ixom and hence your broader thesis is correct. Ixom&rsquo s FFO in FY20 was A$94m. In FY24 the figure was only A$57m, the A$37m decrease caused by an almost exact same increase in finance costs. Therefore Ixom was a net negative contributor to FFO since 2020. Taking a step back, KIT&rsquo s ordinary DPU today is actually about 5% higher than it was in 2020 (on top of which we have also seen some nice special dividends as well). This is despite the negative Ixom performance, the higher interest rate headwinds more generally and the higher KIT manager fee (which from memory reduced DPU by 10%? I have previously calculated this figure in another post) which we investors need to take a share of the blame for by voting it through. That these significant negative issues were overcome were due to a combination of strong organic performance from the other assets plus the contribution of well priced acquisitions. I am far from a management cheerleader. The increased management fee still annoys me as do some aspects of their acquisitions like the way they do their equity fundraisings &ndash I have posted about all this before. But I have to say the recent deals they have done have all been good the energy transition ones, the Singapore water, Ventura (which I was initially sceptical about but they then flipped a stake soon after for an immediate profit) and now this subsea cable one is pretty decent. The interest rate headwind for the past few years has turned in our favour, so Ixom&rsquo s almost 50% decline in FFO since FY20 could translate going forward into a circa 100% increase, with a similar impact on KIT&rsquo s other assets. Very good times ahead I feel.
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Alignment Elite	27-Dec-2025 11:34        Alignment About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	I don&rsquo t think your specific point about Ixom and hence your broader thesis is correct. Ixom&rsquo s FFO in FY20 was A$94m. In FY24 the figure was only A$57m, the A$37m decrease caused by an almost exact same increase in finance costs. Therefore Ixom was a net negative contributor to FFO since 2020. Taking a step back, KIT&rsquo s ordinary DPU today is actually about 5% higher than it was in 2020 (on top of which we have also seen some nice special dividends as well). This is despite the negative Ixom performance, the higher interest rate headwinds more generally and the higher KIT manager fee (which from memory reduced DPU by 10%? I have previously calculated this figure in another post) which we investors need to take a share of the blame for by voting it through. That these significant negative issues were overcome were due to a combination of strong organic performance from the other assets plus the contribution of well priced acquisitions. I am far from a management cheerleader. The increased management fee still annoys me as do some aspects of their acquisitions like the way they do their equity fundraisings &ndash I have posted about all this before. But I have to say the recent deals they have done have all been good the energy transition ones, the Singapore water, Ventura (which I was initially sceptical about but they then flipped a stake soon after for an immediate profit) and now this subsea cable one is pretty decent. The interest rate headwind for the past few years has turned in our favour, so Ixom&rsquo s almost 50% decline in FFO since FY20 could translate going forward into a circa 100% increase, with a similar impact on KIT&rsquo s other assets. Very good times ahead I feel.
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killua Member	26-Dec-2025 21:07        killua About Contact  Quote this Post!
x 0   x 0  Alert Admin	They are not just bad at doing new deals while old deals slowly wind down and die off and the cashflows will drop alot. Their investment team can' t do deals in low interest rate environment and can' t do deals in high interest rate environment. Skill issue really. That place is like a retirement ground for loser investment team. Another point to note is that Ixom is hard carrying the entire KIT. Their cashflows soared tremendously but yet the cashflow for the entire trusts barely even moved and even dropped from time to time because alot of other assets are performing poorly. They better thank god for the Matthew CEO who bought Ixom for $1b. Without it, Ixom would have been $0.30 now. MrBear12      ( Date: 26-Dec-2025 07:36) Posted: Below 50 cents is a steal with a yield of about 8 percent. Alignment is quite right when he uses the term incremental change. Perhaps, if money really becomes cheaper by much, then they could consider buying more companies. But as for now, it is growing slowly and investors are quite happy with the incremental increase in returns. Trade with slow 🐻 s Alignment      ( Date: 26-Dec-2025 06:32) Posted: The investment case for this company is for incremental change. We invest here largely because of what we see in the company already (and also the share price being cheap relative to what we see), not because of some promise about what the company will acquire. If you are looking for that type of investment you should buy a SPAC
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MrBear12 Supreme	26-Dec-2025 07:36        MrBear12 About Contact  Quote this Post! Style: Combined   Mood: Yells: "Cast all our anxieties on Jesus for He cares for us"
x 0   x 0  Alert Admin	Below 50 cents is a steal with a yield of about 8 percent. Alignment is quite right when he uses the term incremental change. Perhaps, if money really becomes cheaper by much, then they could consider buying more companies. But as for now, it is growing slowly and investors are quite happy with the incremental increase in returns. Trade with slow 🐻 s Alignment      ( Date: 26-Dec-2025 06:32) Posted: The investment case for this company is for incremental change. We invest here largely because of what we see in the company already (and also the share price being cheap relative to what we see), not because of some promise about what the company will acquire. If you are looking for that type of investment you should buy a SPAC. killua      ( Date: 23-Dec-2025 22:33) Posted: The investments are all so miniscule. Not even worth talking about given KIT' s AUM. Plus their goal of $18b is so far away now. This is not the first few years already. The past 5 years, there' s been nothing much to show for ever since Ixom' s investment
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Alignment Elite	26-Dec-2025 06:32        Alignment About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	The investment case for this company is for incremental change. We invest here largely because of what we see in the company already (and also the share price being cheap relative to what we see), not because of some promise about what the company will acquire. If you are looking for that type of investment you should buy a SPAC. killua      ( Date: 23-Dec-2025 22:33) Posted: The investments are all so miniscule. Not even worth talking about given KIT' s AUM. Plus their goal of $18b is so far away now. This is not the first few years already. The past 5 years, there' s been nothing much to show for ever since Ixom' s investment. Alignment      ( Date: 18-Dec-2025 21:56) Posted: Broadly speaking they have 9 assets. In the last few years they have made 2-3 investments a year, which is about the norm for an investment company of this nature.
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killua Member	23-Dec-2025 22:33        killua About Contact  Quote this Post!
x 0   x 0  Alert Admin	The investments are all so miniscule. Not even worth talking about given KIT' s AUM. Plus their goal of $18b is so far away now. This is not the first few years already. The past 5 years, there' s been nothing much to show for ever since Ixom' s investment. Alignment      ( Date: 18-Dec-2025 21:56) Posted: Broadly speaking they have 9 assets. In the last few years they have made 2-3 investments a year, which is about the norm for an investment company of this nature.
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Alignment Elite	18-Dec-2025 21:56        Alignment About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Broadly speaking they have 9 assets. In the last few years they have made 2-3 investments a year, which is about the norm for an investment company of this nature.
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MrBear12 Supreme	18-Dec-2025 20:17        MrBear12 About Contact  Quote this Post! Style: Combined   Mood: Yells: "Cast all our anxieties on Jesus for He cares for us"
x 0   x 0  Alert Admin	That's special Invest here and relax, all, including shareholders 🐻 killua      ( Date: 18-Dec-2025 18:15) Posted: Doesn' t feel like the team has been doing any deals the past few years to be honest. They been chilling and collecting their salary. In other companies, the deal team will have been fired long ago. MrBear12      ( Date: 15-Nov-2025 19:33) Posted: Keppel Infrastructure Trust 9M distributable income up 59.2% at S$168.9 million on divestment gains - The Business Times
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killua Member	18-Dec-2025 18:15        killua About Contact  Quote this Post!
x 0   x 0  Alert Admin	Doesn' t feel like the team has been doing any deals the past few years to be honest. They been chilling and collecting their salary. In other companies, the deal team will have been fired long ago. MrBear12      ( Date: 15-Nov-2025 19:33) Posted: Keppel Infrastructure Trust 9M distributable income up 59.2% at S$168.9 million on divestment gains - The Business Times killua      ( Date: 15-Nov-2025 15:34) Posted: Its over for KI
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MrBear12 Supreme	15-Nov-2025 19:33        MrBear12 About Contact  Quote this Post! Style: Combined   Mood: Yells: "Cast all our anxieties on Jesus for He cares for us"
x 0   x 0  Alert Admin	Keppel Infrastructure Trust 9M distributable income up 59.2% at S$168.9 million on divestment gains - The Business Times killua      ( Date: 15-Nov-2025 15:34) Posted: Its over for KIT SDEXXXXD      ( Date: 14-Nov-2025 20:12) Posted: https://www.theedgesingapore.com/billion-dollar-club/billion-dollar-club-2025/keppel-infrastructures-essential-role-underpins-steady Keppel Infrastructure Trust has been named the overall sector winner for this industry sector, and has been rated tops in returns to shareholders over three years as well. The other winner in this industry sector is Sri Trang Gloves (Thailand), which led its sector peers in weighted return on equity (ROE) over the three years taken into consideration for this year?s Billion Dollar Club (BDC). With some $8.7 billion worth of assets under management, Keppel Infrastructure Trust (KIT) is the largest infrastructure business trust listed in Singapore. Its portfolio comprises strategic businesses and assets in the three core segments of energy transition, environmental services, and distribution & storage. As described by KIT, these businesses and assets provide essential products and services across a broad range of industries and generate regular and resilient cash flows, with potential for growth that is supported by favourable long-term market dynamics and demand. KIT?s long-term goal is to deliver sustainable and growing returns to unitholders through a combination of recurring distributions and capital appreciation. The portfolio includes essential local utilities providers such as City Energy, Keppel Merlimau Cogen, Senoko Waste-to-Energy Plant, SingSpring Desalination Plant. It includes also overseas assets such as Ixom in Australia and New Zealand, which provides specialised source water, water and wastewater treatment solutions wind farms in Sweden, Norway and Germany. KIT?s business nature means it is able to weather the macro challenges such as inflationay pressures and fluctuating energy prices, and for its FY2024 ended Dec 31, 2024, it was able to report continued growth. ?KIT?s diversified portfolio of businesses and assets providing essential services, and the trustee-manager?s commitment to long-term value creation and sustainability, have positioned us well to navigate these headwinds and maintain stability,? says chairman Daniel Cuthbert Ee Hock Huat in KIT?s FY2024 annual report. In FY2024, KIT achieved record funds from operations of $277.8 million, up 8.6% y-o-y. KIT attributes the improvement to steady cash flows from its growing portfolio of high-quality infrastructure assets. In the same year, KIT generated $200.6 million in distributable income and delivered a distribution per unit (DPU) of 3.9 cents, thanks to contributions from new acquisitions and the resumption of distribution from the Keppel Merlimau Cogen Plant.
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killua Member	15-Nov-2025 15:34        killua About Contact  Quote this Post!
x 0   x 0  Alert Admin	Its over for KIT SDEXXXXD      ( Date: 14-Nov-2025 20:12) Posted: https://www.theedgesingapore.com/billion-dollar-club/billion-dollar-club-2025/keppel-infrastructures-essential-role-underpins-steady Keppel Infrastructure Trust has been named the overall sector winner for this industry sector, and has been rated tops in returns to shareholders over three years as well. The other winner in this industry sector is Sri Trang Gloves (Thailand), which led its sector peers in weighted return on equity (ROE) over the three years taken into consideration for this year?s Billion Dollar Club (BDC). With some $8.7 billion worth of assets under management, Keppel Infrastructure Trust (KIT) is the largest infrastructure business trust listed in Singapore. Its portfolio comprises strategic businesses and assets in the three core segments of energy transition, environmental services, and distribution & storage. As described by KIT, these businesses and assets provide essential products and services across a broad range of industries and generate regular and resilient cash flows, with potential for growth that is supported by favourable long-term market dynamics and demand. KIT?s long-term goal is to deliver sustainable and growing returns to unitholders through a combination of recurring distributions and capital appreciation. The portfolio includes essential local utilities providers such as City Energy, Keppel Merlimau Cogen, Senoko Waste-to-Energy Plant, SingSpring Desalination Plant. It includes also overseas assets such as Ixom in Australia and New Zealand, which provides specialised source water, water and wastewater treatment solutions wind farms in Sweden, Norway and Germany. KIT?s business nature means it is able to weather the macro challenges such as inflationay pressures and fluctuating energy prices, and for its FY2024 ended Dec 31, 2024, it was able to report continued growth. ?KIT?s diversified portfolio of businesses and assets providing essential services, and the trustee-manager?s commitment to long-term value creation and sustainability, have positioned us well to navigate these headwinds and maintain stability,? says chairman Daniel Cuthbert Ee Hock Huat in KIT?s FY2024 annual report. In FY2024, KIT achieved record funds from operations of $277.8 million, up 8.6% y-o-y. KIT attributes the improvement to steady cash flows from its growing portfolio of high-quality infrastructure assets. In the same year, KIT generated $200.6 million in distributable income and delivered a distribution per unit (DPU) of 3.9 cents, thanks to contributions from new acquisitions and the resumption of distribution from the Keppel Merlimau Cogen Plant.
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SDEXXXXD Veteran	14-Nov-2025 20:12        SDEXXXXD About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://www.theedgesingapore.com/billion-dollar-club/billion-dollar-club-2025/keppel-infrastructures-essential-role-underpins-steady Keppel Infrastructure Trust has been named the overall sector winner for this industry sector, and has been rated tops in returns to shareholders over three years as well. The other winner in this industry sector is Sri Trang Gloves (Thailand), which led its sector peers in weighted return on equity (ROE) over the three years taken into consideration for this year?s Billion Dollar Club (BDC). With some $8.7 billion worth of assets under management, Keppel Infrastructure Trust (KIT) is the largest infrastructure business trust listed in Singapore. Its portfolio comprises strategic businesses and assets in the three core segments of energy transition, environmental services, and distribution & storage. As described by KIT, these businesses and assets provide essential products and services across a broad range of industries and generate regular and resilient cash flows, with potential for growth that is supported by favourable long-term market dynamics and demand. KIT?s long-term goal is to deliver sustainable and growing returns to unitholders through a combination of recurring distributions and capital appreciation. The portfolio includes essential local utilities providers such as City Energy, Keppel Merlimau Cogen, Senoko Waste-to-Energy Plant, SingSpring Desalination Plant. It includes also overseas assets such as Ixom in Australia and New Zealand, which provides specialised source water, water and wastewater treatment solutions wind farms in Sweden, Norway and Germany. KIT?s business nature means it is able to weather the macro challenges such as inflationay pressures and fluctuating energy prices, and for its FY2024 ended Dec 31, 2024, it was able to report continued growth. ?KIT?s diversified portfolio of businesses and assets providing essential services, and the trustee-manager?s commitment to long-term value creation and sustainability, have positioned us well to navigate these headwinds and maintain stability,? says chairman Daniel Cuthbert Ee Hock Huat in KIT?s FY2024 annual report. In FY2024, KIT achieved record funds from operations of $277.8 million, up 8.6% y-o-y. KIT attributes the improvement to steady cash flows from its growing portfolio of high-quality infrastructure assets. In the same year, KIT generated $200.6 million in distributable income and delivered a distribution per unit (DPU) of 3.9 cents, thanks to contributions from new acquisitions and the resumption of distribution from the Keppel Merlimau Cogen Plant.
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Secret_Squirrel Elite	14-Nov-2025 10:53        Secret_Squirrel About Contact  Quote this Post!   Yells: "Stay curious but skeptical"
x 0   x 0  Alert Admin	Even those unit holders who attended the EGM are not listening attentively at all. Asking the same questions that had been answered. MrBear12      ( Date: 14-Nov-2025 10:47) Posted: It happened because shareholders BOR CHAP Never attend meetings and make known what we think unfair. We only have ourselves to blame. Next time, let us go to their EGMS and AGMS and take collective umbrage Maybe they will hear us and reconsider their actions. Or they may scold us for being unsupportive. Either way, we cannot let corporate executives do whatever they like. If so, what then is CORPORATE GOVERNANCE? A mural hung on a wall?? Alignment      ( Date: 14-Nov-2025 09:54) Posted: The deals cannot be too large either though, because this is meant to be a portfolio business without too much weighting to any one asset to make sure the company is sufficiently diversified. Agree with the management fee. But that is an issue where we shareholders collectively shot ourselves in the foot by voting it through. I still don' t understand how that happened.
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MrBear12 Supreme	14-Nov-2025 10:47        MrBear12 About Contact  Quote this Post! Style: Combined   Mood: Yells: "Cast all our anxieties on Jesus for He cares for us"
x 0   x 0  Alert Admin	It happened because shareholders BOR CHAP Never attend meetings and make known what we think unfair. We only have ourselves to blame. Next time, let us go to their EGMS and AGMS and take collective umbrage Maybe they will hear us and reconsider their actions. Or they may scold us for being unsupportive. Either way, we cannot let corporate executives do whatever they like. If so, what then is CORPORATE GOVERNANCE? A mural hung on a wall?? Alignment      ( Date: 14-Nov-2025 09:54) Posted: The deals cannot be too large either though, because this is meant to be a portfolio business without too much weighting to any one asset to make sure the company is sufficiently diversified. Agree with the management fee. But that is an issue where we shareholders collectively shot ourselves in the foot by voting it through. I still don' t understand how that happened.
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Alignment Elite	14-Nov-2025 09:54        Alignment About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	The deals cannot be too large either though, because this is meant to be a portfolio business without too much weighting to any one asset to make sure the company is sufficiently diversified. Agree with the management fee. But that is an issue where we shareholders collectively shot ourselves in the foot by voting it through. I still don' t understand how that happened.
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killua Member	12-Nov-2025 16:16        killua About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think the issue with KIT is they not only have few deals, but each deal size is really pathetic and small. You either do few deals that are large, or many deals that are small. But KIT does neither. And yet they increase management fees significantly. Very disappointed with their team. A lot of dead weight employees that cannot deliver
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