Keppel DC Reit    Last:2.29    +0.01

Keppel DC Reit

Initially i oso like to buy tis but

I think don buy yet ...

wait for awhile

 

 

https://www.theedgesingapore.com/news/us-economy/fed-keeps-rates-steady-while-powell-says-march-cut-unlikely The Federal Reserve held interest rates steady for a fourth straight meeting and signalled an openness to cutting them, though Fed Chair Jerome Powell threw cold water on investors? hopes that reductions would begin in March. The S&P 500 fell 1.6%, the most since September. The central bank?s policy-making Federal Open Market Committee showed it is in no rush to reduce rates, noting in a statement Wednesday that it ?does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably toward 2%.? so we can expect the price to drop more.

 

https://www.businesstimes.com.sg/companies-markets/brokers-take-uobkh-initiates-buy-keppel-dc-reit-expects-ai-boost-demand-data AI to boost demand ...

 

need to rebound soon

 

wont lah..

Stocky901      ( Date: 30-Jan-2024 18:21) Posted: --- Post Removed by User ---

 

so it' s 2.04 and i will factor in 10% discount further and it' s about 1.84 which is still 10% upside from 1,68/1.69 now. 

seanpent      ( Date: 30-Jan-2024 14:23) Posted: hypothetically $1.88 + $2.20 divide by 2 ..... Joelton      ( Date: 30-Jan-2024 13:46) Posted: Analysts lower price targets on Keppel DC Reit on rental overhang   CGS-CIMB and DBS Group Research have reduced their near-term earnings projections for Keppel DC Real Estate Investment Trust (Reit) in view of rental arrears owed by its tenant in Guangdong, though both brokerages remain split on the Reit&rsquo s outlook.   CGS-CIMB downgraded its call to &ldquo hold&rdquo from &ldquo add&rdquo , while cutting its price target to S$1.88 from S$2.53, assuming a default from the tenant, Bluesea, on top of unfavourable foreign-exchange movements and a higher cost of debt.   On Saturday (Jan 27), the research house said it had cut its FY2024 to FY2026 estimates for Keppel DC Reit by 17.5 to 22.6 per cent, as it was &ldquo expecting the worst&rdquo for the Reit&rsquo s Guangdong data centres.   Its analysts assume no rent contribution from Bluesea for FY2024.   They further expect Keppel DC Reit to take over two of the data centres from FY2025 before gradually leasing them out, while also considering Guangdong Data Centre 3 as a potential option for divestment.   DBS also said it does not expect rental contributions from Bluesea in FY2024. It lowered its price target to S$2.20 from S$2.45 previously, to account for a more than 15 per cent reduction in distribution per unit (DPU) estimates for the year.    The research house however maintained its &ldquo add&rdquo call, due to a positive outlook for the rest of Keppel DC Reit&rsquo s portfolio, which in its view continues to benefit from structural growth in the data centre space.   It also highlighted a potential sooner-than-anticipated resolution with Bluesea as an &ldquo immediate catalyst, emphasising the Reit&rsquo s potential for recovery&rdquo , given its unit price decline when concerns over the rental defaults first emerged.   DBS&rsquo analysts are also positive on a recent High Court ruling in favour of Keppel DC Reit, which acknowledged the Reit&rsquo s claim for outstanding rents owed by another tenant, DXC Technology Services Singapore.   This initial court decision &ldquo strongly suggests Keppel DC Reit&rsquo s high likelihood&rdquo of securing complete rental payment from DXC, said the analysts, ahead of the trial that is slated to begin in February.

 

if manage to secure complete payment ..... it will be ..... ?

vivacious      ( Date: 30-Jan-2024 13:48) Posted: price factored in, analysts rush in to TP....time to buy liao

 

hypothetically $1.88 + $2.20 divide by 2 .....

Joelton      ( Date: 30-Jan-2024 13:46) Posted: Analysts lower price targets on Keppel DC Reit on rental overhang   CGS-CIMB and DBS Group Research have reduced their near-term earnings projections for Keppel DC Real Estate Investment Trust (Reit) in view of rental arrears owed by its tenant in Guangdong, though both brokerages remain split on the Reit&rsquo s outlook.   CGS-CIMB downgraded its call to &ldquo hold&rdquo from &ldquo add&rdquo , while cutting its price target to S$1.88 from S$2.53, assuming a default from the tenant, Bluesea, on top of unfavourable foreign-exchange movements and a higher cost of debt.   On Saturday (Jan 27), the research house said it had cut its FY2024 to FY2026 estimates for Keppel DC Reit by 17.5 to 22.6 per cent, as it was &ldquo expecting the worst&rdquo for the Reit&rsquo s Guangdong data centres.   Its analysts assume no rent contribution from Bluesea for FY2024.   They further expect Keppel DC Reit to take over two of the data centres from FY2025 before gradually leasing them out, while also considering Guangdong Data Centre 3 as a potential option for divestment.   DBS also said it does not expect rental contributions from Bluesea in FY2024. It lowered its price target to S$2.20 from S$2.45 previously, to account for a more than 15 per cent reduction in distribution per unit (DPU) estimates for the year.    The research house however maintained its &ldquo add&rdquo call, due to a positive outlook for the rest of Keppel DC Reit&rsquo s portfolio, which in its view continues to benefit from structural growth in the data centre space.   It also highlighted a potential sooner-than-anticipated resolution with Bluesea as an &ldquo immediate catalyst, emphasising the Reit&rsquo s potential for recovery&rdquo , given its unit price decline when concerns over the rental defaults first emerged.   DBS&rsquo analysts are also positive on a recent High Court ruling in favour of Keppel DC Reit, which acknowledged the Reit&rsquo s claim for outstanding rents owed by another tenant, DXC Technology Services Singapore.   This initial court decision &ldquo strongly suggests Keppel DC Reit&rsquo s high likelihood&rdquo of securing complete rental payment from DXC, said the analysts, ahead of the trial that is slated to begin in February.

 

price factored in, analysts rush in to TP....time to buy liao

 

Analysts lower price targets on Keppel DC Reit on rental overhang

 

CGS-CIMB and DBS Group Research have reduced their near-term earnings projections for Keppel DC Real Estate Investment Trust (Reit) in view of rental arrears owed by its tenant in Guangdong, though both brokerages remain split on the Reit&rsquo s outlook.

 

CGS-CIMB downgraded its call to &ldquo hold&rdquo from &ldquo add&rdquo , while cutting its price target to S$1.88 from S$2.53, assuming a default from the tenant, Bluesea, on top of unfavourable foreign-exchange movements and a higher cost of debt.

 

On Saturday (Jan 27), the research house said it had cut its FY2024 to FY2026 estimates for Keppel DC Reit by 17.5 to 22.6 per cent, as it was &ldquo expecting the worst&rdquo for the Reit&rsquo s Guangdong data centres.

 

Its analysts assume no rent contribution from Bluesea for FY2024.

 

They further expect Keppel DC Reit to take over two of the data centres from FY2025 before gradually leasing them out, while also considering Guangdong Data Centre 3 as a potential option for divestment.

 

DBS also said it does not expect rental contributions from Bluesea in FY2024. It lowered its price target to S$2.20 from S$2.45 previously, to account for a more than 15 per cent reduction in distribution per unit (DPU) estimates for the year. 

 

The research house however maintained its &ldquo add&rdquo call, due to a positive outlook for the rest of Keppel DC Reit&rsquo s portfolio, which in its view continues to benefit from structural growth in the data centre space.

 

It also highlighted a potential sooner-than-anticipated resolution with Bluesea as an &ldquo immediate catalyst, emphasising the Reit&rsquo s potential for recovery&rdquo , given its unit price decline when concerns over the rental defaults first emerged.

 

DBS&rsquo analysts are also positive on a recent High Court ruling in favour of Keppel DC Reit, which acknowledged the Reit&rsquo s claim for outstanding rents owed by another tenant, DXC Technology Services Singapore.

 

This initial court decision &ldquo strongly suggests Keppel DC Reit&rsquo s high likelihood&rdquo of securing complete rental payment from DXC, said the analysts, ahead of the trial that is slated to begin in February.

 

OIC ... guess it' s a wait & see ?

lowcp1988      ( Date: 30-Jan-2024 13:11) Posted: its likely to go more downwards as China economy crashing with Evergrande liquidation. Evergrande is likely to affect the price downwards further seanpent      ( Date: 30-Jan-2024 11:12) Posted: What' s the direction of this ?

 

its likely to go more downwards as China economy crashing with Evergrande liquidation. Evergrande is likely to affect the price downwards further

seanpent      ( Date: 30-Jan-2024 11:12) Posted: What' s the direction of this ?

 

vivacious      ( Date: 30-Jan-2024 13:04) Posted: will be back at $2 seanpent      ( Date: 30-Jan-2024 11:54) Posted: just last July $2.30 ... guess at this level already factored in whatever ..

 

will be back at $2

seanpent      ( Date: 30-Jan-2024 11:54) Posted: just last July $2.30 ... guess at this level already factored in whatever ... vivacious      ( Date: 30-Jan-2024 11:14) Posted: bottom is near

 

current cd how much ? worth it ?
 

 

just last July $2.30 ...

guess at this level already factored in whatever ...

vivacious      ( Date: 30-Jan-2024 11:14) Posted: bottom is near

 

ascendas seems reversing up too

 

today reits majority green green .....

probably anytime soon for this .....

 

bottom is near

 

CD still down?