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Think ang moh give tp then got power.
lowcp1988 ( Date: 15-Feb-2024 08:28) Posted:
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The US economy is headed for a recession in the middle of 2024, Citi's chief economist said.
The economic data, while strong on the surface, is actually hinting at signs of a decline, as seen in the latest jobs report.
Credit card delinquency rates are also on the rise and retail sales data has shown a larger-than-expected drop in activity.
https://www.businessinsider.com/recession-outlook-us-economy-job-market-unemployment-soft-landing-citi-2024-2
PhillipCapital downgrades Keppel DC REIT to 'accumulate', lowers TP to $1.86
https://www.theedgesingapore.com/capital/brokers-calls/phillipcapital-downgrades-keppel-dc-reit-accumulate-lowers-tp-186
Joelton ( Date: 14-Feb-2024 10:06) Posted:
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Keppel DC Reit to receive S$13.3 million from DXC Technology Services on dispute resolution
THE manager of Keppel DC Real Estate Investment Trust (Keppel DC Reit) announced on Tuesday (Feb 13) that DXC Technology Services will pay a settlement amount of S$13.3 million to the Reit&rsquo s facility manager by April 2024, as a &ldquo commercial and amicable resolution&rdquo to the payment dispute.
The Reit&rsquo s pro forma distribution per unit for FY2023 would have been increased by about 7 per cent, had the amount been received in the year.
The dispute pertains to DXC&rsquo s partial default of payment related to the provision of colocation services of a data centre in Serangoon North. The Singapore High Court endorsed Keppel DC Singapore&rsquo s interpretation of the agreement on Jan 12, 2024, after the Reit&rsquo s master lessee at Keppel DC Singapore 1 commenced legal proceedings against DXC in March 2022.
In the written judgment released in January, Keppel was claiming S$3 million from DXC as the sum outstanding from April 2021 to December 2021, as well as all losses it suffered as a result of DXC&rsquo s refusal to pay for the space it unilaterally gave up from Apr 1, 2021, to Mar 31, 2025. The case was scheduled to go to trial in February.
Before the settlement is made, the facility manager of Keppel DC Reit will file a notice of discontinuance of the current proceedings in the Singapore High Court, and both parties will release and discharge each other from all claims arising out of the matter.
well, it has rebounded to 2.08 before crashing to 1.60. given the bad economic situation, it is likely to drop, given the relatively small volume of this rebound
Rockyhula ( Date: 12-Feb-2024 13:16) Posted:
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It has rebounded from 1.60 to 1.71. What do u think?
lowcp1988 ( Date: 10-Feb-2024 09:33) Posted:
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https://www.businesstimes.com.sg/property/china-south-city-flags-potential-default-october-2024-notes-payment
evidence that China is still not doing well. more likely for price to drop
evidence that China is still not doing well. more likely for price to drop
today ended flat on low volume. given the China situation has not improved, its likely to drop more
sold off some at 171
Today very strong buying, volumes up..huat for CNY..
strong volume .....
oversold recovery on its way ?
careful guys, this rebound is on quite low volume. I think it may drop more
that' s my TP
seanpent ( Date: 07-Feb-2024 08:49) Posted:
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nice reversal from yesterday ... no 1.80 no sell ?
1.60 bottomed, only way is UP
seanpent ( Date: 06-Feb-2024 12:49) Posted:
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Agree ! KDC ..... & Singtel too .....
Win-Win to all !
Win-Win to all !
moron101 ( Date: 06-Feb-2024 12:06) Posted:
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AI can benefit KDC & other data centres...huat ah.
seanpent ( Date: 01-Feb-2024 00:46) Posted:
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gosh, the selling has to stop
already X-divvy ..... still stable ...