Vested at record low in 52 weeks. Price should correct within 4-6 months.
Thks. Quite close to their TP now. But i will take OCBC's TP of US$0.45. sad to say that.. hope it can be privatized by Li KS family.. delist is the only way..
laksaman57 ( Date: 17-Feb-2017 16:58) Posted:
Business Times, 14Feb17
moron101 ( Date: 17-Feb-2017 12:35) Posted:
| Please share the link. appreciate it. |
|
|
|
Thks for the headup.👌 Will monitor hph trust closely.
NL0261 ( Date: 17-Feb-2017 18:47) Posted:
hph n aptt both looks the same, taking dvd out of own pocket, is a matter of time all will be deflated.
laksaman57 ( Date: 17-Feb-2017 17:36) Posted:
| Still cant figure out how aptt did it but heck, still make some coffee money in recent run up. 😆 |
|
|
|
hph n aptt both looks the same, taking dvd out of own pocket, is a matter of time all will be deflated.
laksaman57 ( Date: 17-Feb-2017 17:36) Posted:
Still cant figure out how aptt did it but heck, still make some coffee money in recent run up. 😆
laksaman57 ( Date: 17-Feb-2017 17:19) Posted:
| HPH trust falling DPU correlate to its falling EPS will be better than aptt where dpu exceed its eps 😒
DYODD
|
|
|
|
Still cant figure out how aptt did it but heck, still make some coffee money in recent run up. 😆
laksaman57 ( Date: 17-Feb-2017 17:19) Posted:
| HPH trust falling DPU correlate to its falling EPS will be better than aptt where dpu exceed its eps 😒
DYODD
|
|
HPH trust falling DPU correlate to its falling EPS will be better than aptt where dpu exceed its eps 😒
DYODD
ipo US$1.06 understand tat tey dun own the port, lease 30yrs if exp. trust close.
tis is definitely a LKS cannibal coy, every dvd it will go down, worst than aptt
Please share the link. appreciate it.
laksaman57 ( Date: 17-Feb-2017 11:29) Posted:
Citi analyst downgraded TP from 42￠ to 37￠
MekMiRic ( Date: 17-Feb-2017 11:09) Posted:
Why OCBC is downgrading HPH Trust to 'hold'
Source: TheEdge Markets
Publish date: Mon, 13 Feb 2017, 10:41 AM
SINGAPORE (Feb 13): OCBC has cut Hutchison Port Holdings Trust to a "hold" from "buy", recommending investors to collect HPHT at US$0.41 (58 cents) and below.
The downgrade comes after management dropped its FY17 DPU guidance to 20-23 HK cents from 25-27 HK cents after taking into account voluntary debt amortisation and possible interest rate hikes.
"While we believe HK container throughput has turned a corner, we are slightly less optimistic on the extent of throughput growth HPHT will enjoy," says analyst Deborah Ong in a Monday report.
"We currently project a 3% decline in revenue/TEU for FY17, says Ong, "We also note HPHT has been losing market share in HK, from 75.5% for FY15 to 71.0% for FY16."
While HK Kwai Tsing container throughput rose +10.5% y-o-y for 4Q16, HPHT's HK throughput only increased +1.6% y-o-y.
Ong says there is also no certainty that HIT's HK$430 million rates refund given last year will be used to soften the impact of the DPU drop.
Assuming no buffer applied by the refund, OCBC's DPU forecast falls to 23.4 HK cents.
"This is slightly higher than the range cited by the management, partly as we have input expectations for lower capex," says Ong.
To recap, HPHT's FY16 results were in line with expectations. FY16 revenue dropped 5.6% y-o-y to HK$11.9 billion, or 99% of OCBC's forecast, while operating profit dropped 3.0% y-o-y to HK$4.2 billion, or 102% of its forecast.
(See also: Hutchison Port Holdings Trust 4Q earnings per unit falls 28% to 4.43 HK cents)
DPU for the year came up to 30.60 HK cents, or 99% of OCBC's forecast. Its performance was in line with OCBC's expectations as the 8% decline in HPHT's HK throughput and 4% in its YICT throughput were in line with the forecast of an 8% decline and 3% decline by the research house respectively.
Looking ahead, Ong expects Hutchison Port's existing business relationships with shipping lines under alliances are likely to remain intact, though pricing will be under pressure as lines will negotiate for the lowest rates offered to other members in the alliance.
"HPHT is trading at a FY17 yield of 6.8%. Our DDM-based fair value drops from US$0.46 to US$0.45. While the FV change has been minimal, we downgrade HPHT from a Buy to a HOLD given the lower expected FY17 yield," says Ong.
Units of HPH Trust USD are down 3 cents or 5.7% at 41.5 US cents |
|
|
|
Citi analyst downgraded TP from 42￠ to 37￠
MekMiRic ( Date: 17-Feb-2017 11:09) Posted:
Why OCBC is downgrading HPH Trust to 'hold'
Source: TheEdge Markets
Publish date: Mon, 13 Feb 2017, 10:41 AM
SINGAPORE (Feb 13): OCBC has cut Hutchison Port Holdings Trust to a "hold" from "buy", recommending investors to collect HPHT at US$0.41 (58 cents) and below.
The downgrade comes after management dropped its FY17 DPU guidance to 20-23 HK cents from 25-27 HK cents after taking into account voluntary debt amortisation and possible interest rate hikes.
"While we believe HK container throughput has turned a corner, we are slightly less optimistic on the extent of throughput growth HPHT will enjoy," says analyst Deborah Ong in a Monday report.
"We currently project a 3% decline in revenue/TEU for FY17, says Ong, "We also note HPHT has been losing market share in HK, from 75.5% for FY15 to 71.0% for FY16."
While HK Kwai Tsing container throughput rose +10.5% y-o-y for 4Q16, HPHT's HK throughput only increased +1.6% y-o-y.
Ong says there is also no certainty that HIT's HK$430 million rates refund given last year will be used to soften the impact of the DPU drop.
Assuming no buffer applied by the refund, OCBC's DPU forecast falls to 23.4 HK cents.
"This is slightly higher than the range cited by the management, partly as we have input expectations for lower capex," says Ong.
To recap, HPHT's FY16 results were in line with expectations. FY16 revenue dropped 5.6% y-o-y to HK$11.9 billion, or 99% of OCBC's forecast, while operating profit dropped 3.0% y-o-y to HK$4.2 billion, or 102% of its forecast.
(See also: Hutchison Port Holdings Trust 4Q earnings per unit falls 28% to 4.43 HK cents)
DPU for the year came up to 30.60 HK cents, or 99% of OCBC's forecast. Its performance was in line with OCBC's expectations as the 8% decline in HPHT's HK throughput and 4% in its YICT throughput were in line with the forecast of an 8% decline and 3% decline by the research house respectively.
Looking ahead, Ong expects Hutchison Port's existing business relationships with shipping lines under alliances are likely to remain intact, though pricing will be under pressure as lines will negotiate for the lowest rates offered to other members in the alliance.
"HPHT is trading at a FY17 yield of 6.8%. Our DDM-based fair value drops from US$0.46 to US$0.45. While the FV change has been minimal, we downgrade HPHT from a Buy to a HOLD given the lower expected FY17 yield," says Ong.
Units of HPH Trust USD are down 3 cents or 5.7% at 41.5 US cents.
laksaman57 ( Date: 17-Feb-2017 09:46) Posted:
| Guidance 20-23 hk cts really very very bad new😢 |
|
|
|
Thanks. It is only good to read report in full to have a better understanding..
MekMiRic ( Date: 17-Feb-2017 11:09) Posted:
Why OCBC is downgrading HPH Trust to 'hold'
Source: TheEdge Markets
Publish date: Mon, 13 Feb 2017, 10:41 AM
SINGAPORE (Feb 13): OCBC has cut Hutchison Port Holdings Trust to a "hold" from "buy", recommending investors to collect HPHT at US$0.41 (58 cents) and below.
The downgrade comes after management dropped its FY17 DPU guidance to 20-23 HK cents from 25-27 HK cents after taking into account voluntary debt amortisation and possible interest rate hikes.
"While we believe HK container throughput has turned a corner, we are slightly less optimistic on the extent of throughput growth HPHT will enjoy," says analyst Deborah Ong in a Monday report.
"We currently project a 3% decline in revenue/TEU for FY17, says Ong, "We also note HPHT has been losing market share in HK, from 75.5% for FY15 to 71.0% for FY16."
While HK Kwai Tsing container throughput rose +10.5% y-o-y for 4Q16, HPHT's HK throughput only increased +1.6% y-o-y.
Ong says there is also no certainty that HIT's HK$430 million rates refund given last year will be used to soften the impact of the DPU drop.
Assuming no buffer applied by the refund, OCBC's DPU forecast falls to 23.4 HK cents.
"This is slightly higher than the range cited by the management, partly as we have input expectations for lower capex," says Ong.
To recap, HPHT's FY16 results were in line with expectations. FY16 revenue dropped 5.6% y-o-y to HK$11.9 billion, or 99% of OCBC's forecast, while operating profit dropped 3.0% y-o-y to HK$4.2 billion, or 102% of its forecast.
(See also: Hutchison Port Holdings Trust 4Q earnings per unit falls 28% to 4.43 HK cents)
DPU for the year came up to 30.60 HK cents, or 99% of OCBC's forecast. Its performance was in line with OCBC's expectations as the 8% decline in HPHT's HK throughput and 4% in its YICT throughput were in line with the forecast of an 8% decline and 3% decline by the research house respectively.
Looking ahead, Ong expects Hutchison Port's existing business relationships with shipping lines under alliances are likely to remain intact, though pricing will be under pressure as lines will negotiate for the lowest rates offered to other members in the alliance.
"HPHT is trading at a FY17 yield of 6.8%. Our DDM-based fair value drops from US$0.46 to US$0.45. While the FV change has been minimal, we downgrade HPHT from a Buy to a HOLD given the lower expected FY17 yield," says Ong.
Units of HPH Trust USD are down 3 cents or 5.7% at 41.5 US cents.
laksaman57 ( Date: 17-Feb-2017 09:46) Posted:
| Guidance 20-23 hk cts really very very bad new😢 |
|
|
|
Why OCBC is downgrading HPH Trust to 'hold'
Source: TheEdge Markets
Publish date: Mon, 13 Feb 2017, 10:41 AM
SINGAPORE (Feb 13): OCBC has cut Hutchison Port Holdings Trust to a "hold" from "buy", recommending investors to collect HPHT at US$0.41 (58 cents) and below.
The downgrade comes after management dropped its FY17 DPU guidance to 20-23 HK cents from 25-27 HK cents after taking into account voluntary debt amortisation and possible interest rate hikes.
"While we believe HK container throughput has turned a corner, we are slightly less optimistic on the extent of throughput growth HPHT will enjoy," says analyst Deborah Ong in a Monday report.
"We currently project a 3% decline in revenue/TEU for FY17, says Ong, "We also note HPHT has been losing market share in HK, from 75.5% for FY15 to 71.0% for FY16."
While HK Kwai Tsing container throughput rose +10.5% y-o-y for 4Q16, HPHT's HK throughput only increased +1.6% y-o-y.
Ong says there is also no certainty that HIT's HK$430 million rates refund given last year will be used to soften the impact of the DPU drop.
Assuming no buffer applied by the refund, OCBC's DPU forecast falls to 23.4 HK cents.
"This is slightly higher than the range cited by the management, partly as we have input expectations for lower capex," says Ong.
To recap, HPHT's FY16 results were in line with expectations. FY16 revenue dropped 5.6% y-o-y to HK$11.9 billion, or 99% of OCBC's forecast, while operating profit dropped 3.0% y-o-y to HK$4.2 billion, or 102% of its forecast.
(See also: Hutchison Port Holdings Trust 4Q earnings per unit falls 28% to 4.43 HK cents)
DPU for the year came up to 30.60 HK cents, or 99% of OCBC's forecast. Its performance was in line with OCBC's expectations as the 8% decline in HPHT's HK throughput and 4% in its YICT throughput were in line with the forecast of an 8% decline and 3% decline by the research house respectively.
Looking ahead, Ong expects Hutchison Port's existing business relationships with shipping lines under alliances are likely to remain intact, though pricing will be under pressure as lines will negotiate for the lowest rates offered to other members in the alliance.
"HPHT is trading at a FY17 yield of 6.8%. Our DDM-based fair value drops from US$0.46 to US$0.45. While the FV change has been minimal, we downgrade HPHT from a Buy to a HOLD given the lower expected FY17 yield," says Ong.
Units of HPH Trust USD are down 3 cents or 5.7% at 41.5 US cents.
laksaman57 ( Date: 17-Feb-2017 09:46) Posted:
Guidance 20-23 hk cts really very very bad new😢
MekMiRic ( Date: 14-Feb-2017 10:46) Posted:
| In ST, analysts blamed yesterday's price fall on hph's guidance of uncertainty in US policies. |
|
|
|
Guidance 20-23 hk cts really very very bad new😢
MekMiRic ( Date: 14-Feb-2017 10:46) Posted:
| In ST, analysts blamed yesterday's price fall on hph's guidance of uncertainty in US policies. |
|
2 more days including today to load for the 3c dividends. Xd this Thursday..
In ST, analysts blamed yesterday's price fall on hph's guidance of uncertainty in US policies.
Price now is deliberately depressed by BBs for them to accumulate more to collect dividends.. buy on dips if you dare..
halleluyah ( Date: 13-Feb-2017 14:48) Posted:
Tikam in sgd wan...
halleluyah ( Date: 13-Feb-2017 14:44) Posted:
Tikam tikam...Load some fr 3cts div....U-turn up now....
|
|
|
|
Post Reply
221-240 of 608