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161-180 of 741
Back to 42cts today
https://www.minichart.com.sg/2025/06/30/keppel-infrastructure-trust-kit-10-dividend-yield-stable-growth-evergreen-infrastructure-assets-2025-analysis/
Investment Highlights: Why KIT Stands Out
- Projected 10% dividend yield for FY25-27, with c.60% of portfolio income secured by concession/capacity contracts extending over 15 years.
- Stable, inflation-resistant cash flows supported by regulated asset cost pass-through mechanisms.
- Diversified income streams from specialty chemical, energy, public transportation, and renewable energy assets.
- Improving balance sheet, with divestment proceeds creating headroom for accretive acquisitions.
- TP of S\$0.45 per unit, implying a 13.9% upside from S\$0.395, and total shareholder returns of c.24%.
Also depends on the average position price. If he or she bought in more KIT during crash in 2020 covid, definately in good paper profit.
chengwh1 ( Date: 11-Jun-2025 12:03) Posted:
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Operationally the company has done well these last few years.
In reality the one big issue is the fee increase for the manager we voted through a few years back. I have no idea how this was voted through. Who voted for it? The manager was not allowed to vote, so it was someone else. I would like to know which idiots did so.
This fee increase is responsible for why DPU has only grown 1% a year since then. If we still had the old fee structure 2024 DPU would have, if my maths is correct, been almost 10% higher than it was.
The good news is that the fee is relatively fixed, so if the company continues to grow as it has done recently then the higher DPU growth will return.
In reality the one big issue is the fee increase for the manager we voted through a few years back. I have no idea how this was voted through. Who voted for it? The manager was not allowed to vote, so it was someone else. I would like to know which idiots did so.
This fee increase is responsible for why DPU has only grown 1% a year since then. If we still had the old fee structure 2024 DPU would have, if my maths is correct, been almost 10% higher than it was.
The good news is that the fee is relatively fixed, so if the company continues to grow as it has done recently then the higher DPU growth will return.
Keppel will mark up before selling to KIT.
SDEXXXXD ( Date: 26-Jun-2025 08:25) Posted:
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Keppel partners AIIB for up to US$1.5 billion in Asia-Pacific green infrastructure deals
The tie-up will last for an initial five-year period up to December 2030
https://www.businesstimes.com.sg/companies-markets/keppel-partners-aiib-us1-5-billion-asia-pacific-green-infrastructure-deals
Exactly my point, it?s yesterday better than today, and today better thank tomorrow
stlimst ( Date: 11-Jun-2025 22:31) Posted:
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KIT was known as CitySpring in the past.
investshare ( Date: 11-Jun-2025 19:43) Posted:
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Cityspring?
Rickmers?
Rickmers?
moonsun ( Date: 11-Jun-2025 16:16) Posted:
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Which counter better than kit 10% yield ? :)
Frankly, this needs further calculations to determine if there is a net loss here.
I suspect, for a holder of 20 yrs,... the dividends collected throughout the yrs may have covered the capital losses, and plus some gains too. But if we are to compare this performance with another ctr which has had a growing share price plus growing dps thoughout those same yrs, then of course, the other ctr is better.
I suspect, for a holder of 20 yrs,... the dividends collected throughout the yrs may have covered the capital losses, and plus some gains too. But if we are to compare this performance with another ctr which has had a growing share price plus growing dps thoughout those same yrs, then of course, the other ctr is better.
investshare ( Date: 13-May-2025 15:56) Posted:
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Keppel Infrastructure Trust to divest 24.6% stake in Australian bus service business for A$130 million
This is a 19 per cent premium from its acquisition price for the relevant stake last year KIT will still hold a 73.1% share in the company
[SINGAPORE] Keppel Infrastructure Fund Management, the manager of Keppel Infrastructure Trust : A7RU 0% (KIT), is divesting a 24.6 per cent stake in an Australian bus service business, Ventura Motors, for A$130 million (S$109 million).
This is a 19 per cent premium from KIT&rsquo s acquisition price for the relevant stake, said the manager in a bourse filing on Tuesday (June 10). It had in June 2024 acquired a 97.7 per cent interest in Ventura for an enterprise value of A$600 million.
With the divestment, KIT will hold a 73.1 per cent share in the company, and its chief executive officer (CEO) Andrew Cornwall, a 2.3 per cent share. The remaining will be acquired by private investment funds managed by Samsung Asset Management.
Kevin Neo, the chief executive of the manager, said the move is part of the trust&rsquo s value creation strategy.
The manager&rsquo s two recent divestments &ndash including the sale of its 50 per cent stake in a storage facility in the Philippines &ndash are valued at around S$301 million.
&ldquo (This) will bolster KIT&rsquo s financial strength and agility, and enhance its ability to capture further opportunities through strategic capital recycling,&rdquo said Neo.
He added that the trust will continue working with Ventura&rsquo s management to strengthen and grow the business, to generate stable, recurring and predictable cash flows.
Headquartered in Melbourne, the bus-service provider has a fleet of around 900 buses and 12 depots. It has the largest market share of public bus services in the Australian state of Victoria, and transports more than 42 million people annually.
The transaction is expected to be completed by the third quarter of this year, and is subject to conditions precedent as well as approval from regulators and the authorities.
It is not expected to have a material impact on the distribution per unit and net tangible assets per unit of KIT for FY2025.
If one buys at share price that gives 10%.div, it would be free shares after 10 years. I won't complain with that.
investshare ( Date: 23-Apr-2025 12:35) Posted:
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Published Tue, Jun 10, 2025 · 08:33 PM
Keppel Infrastructure Trust to divest 24.6% stake in Australian bus service business for A$130 million
This is a 19% premium from its acquisition price for the relevant stake last year KIT will still hold a 73.1% share in the company
Keppel Infrastructure Trust to divest 24.6% stake in Australian bus service business for A$130 million
This is a 19% premium from its acquisition price for the relevant stake last year KIT will still hold a 73.1% share in the company
Yeah I?m one of those colleagues you have
vicloo ( Date: 13-May-2025 19:12) Posted:
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Yes, i have colleagues holding this for neatly 2 decades, still holding.
investshare ( Date: 23-Apr-2025 12:35) Posted:
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No scam. Legit business
Will grow
Will grow
high dividend cum depreciating share price smells of scam.
investshare ( Date: 13-May-2025 15:56) Posted:
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The dividend yield is getting higher!
Because share price is getting lower and lower.
Because share price is getting lower and lower.
Doesn' t seem so good.
MrBear12 ( Date: 23-Apr-2025 12:39) Posted:
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