Post Reply
661-680 of 741
I am keen. KIT is a value /income trust....
chengwh1 ( Date: 27-Mar-2023 00:51) Posted:
|
On the retail side, this will be offered to investors who are existing unitholders, because it will be SOLELY a Placement or a Placement+Preferential Offering.. The assumed price used for the Pref Offering is $0.518 per unit. Details are in the Circular to the EGM.
The ratio has not been determined yet. Are you guys keen to participate,... opinions please,....
The ratio has not been determined yet. Are you guys keen to participate,... opinions please,....
Kandee ( Date: 20-Mar-2023 10:33) Posted:
|
:) no idea buddy. I don' t have this ...
... just I kepo post the link only.. while saw the info... :)
... just I kepo post the link only.. while saw the info... :)
Kandee ( Date: 20-Mar-2023 10:33) Posted:
|
Is this open to existing share holders or to new investors?
rledchg11 ( Date: 20-Mar-2023 10:24) Posted:
|
https://links.sgx.com/1.0.0/corporate-announcements/0HHUQQSAZOWTVKUM/611797712c6a2e562374a6fc940d1e21ec94279a20fb895f0cba695bc7bb4b00
Keppel Infrastructure Trust H2 DPU slips 0.5% to S$0.0191
THE manager of Keppel Infrastructure Trust (KIT) reported on Monday (Jan 30) a distribution per unit (DPU) of S$0.0191 for the second half ended December 2022, down 0.5 per cent from the DPU of S$0.0192 in the year-ago period.
The lower DPU came even as KIT&rsquo s distributable income rose 47.4 per cent in the second half to S$134.9 million, from S$91.6 million previously.
The latest distribution will be paid on Feb 14.
For the full year, distributable income was up 15.8 per cent to S$222.5 million, with new acquisitions and &ldquo steady portfolio performance&rdquo contributing to the increase, the manager said.
Meanwhile, full-year DPU rose 1 per cent to S$0.0382. The manager noted that this translated to a distribution yield of 7.1 per cent, based on KIT&rsquo s closing price of S$0.54 on Dec 31, 2022.
The trust&rsquo s energy transition segment contributed to the biggest increase in distributable income for the full year. Distributable income from the segment rose from S$74.4 million to S$115.7 million.
Distributable income from KIT&rsquo s distribution and storage segment rose 9.5 per cent to S$102.6 million.
However, distributable income from the environmental services segment slipped 1.5 per cent to S$70.3 million.
Revenue for the full-year rose to S$2 billion from S$1.6 billion in FY21.
The manager said the trust is &ldquo well-positioned against inflation and higher energy prices with over 90 per cent of KIT&rsquo s businesses and assets with cost pass through a mechanism and availability-based revenue model&rdquo .
The manager also added that the trust has conducted its inaugural portfolio revaluation exercise, with total assets under management as at Dec 31, 2022 amounting to S$7.3 billion
KIT had net gearing of 39.8 per cent as at Dec 31, 2022, and the manager noted it had &ldquo comfortable debt headroom for growth&rdquo . Around 72 per cent of KIT&rsquo s floating interest rates were hedged, and the trust had a weighted average interest rate of 3.7 per cent.
I do not like the way they phrase it as increase for whole year, missing that it slip for the 6 month period.
Keppel Infrastructure Trust H2 DPU slips 0.5% to S$0.0191
MON, JAN 30, 2023 - 07:42 PM
THE manager of Keppel Infrastructure Trust (KIT) reported on Monday (Jan 30) a distribution per unit (DPU) of S$0.0191 for the second half ended December 2022, down 0.5 per cent from the DPU of S$0.0192 in the year-ago period.
The lower DPU came even as KIT&rsquo s distributable income rose 47.4 per cent in the second half to S$134.9 million, from S$91.6 million previously.
The latest distribution will be paid on Feb 14.
For the full year, distributable income was up 15.8 per cent to S$222.5 million, with new acquisitions and &ldquo steady portfolio performance&rdquo contributing to the increase, the manager said.
Meanwhile, full-year DPU rose 1 per cent to S$0.0382. The manager noted that this translated to a distribution yield of 7.1 per cent, based on KIT&rsquo s closing price of S$0.54 on Dec 31, 2022.
The trust&rsquo s energy transition segment contributed to the biggest increase in distributable income for the full year. Distributable income from the segment rose from S$74.4 million to S$115.7 million.
Distributable income from KIT&rsquo s distribution and storage segment rose 9.5 per cent to S$102.6 million.
However, distributable income from the environmental services segment slipped 1.5 per cent to S$70.3 million.
Revenue for the full-year rose to S$2 billion from S$1.6 billion in FY21.
The manager said the trust is &ldquo well-positioned against inflation and higher energy prices with over 90 per cent of KIT&rsquo s businesses and assets with cost pass through a mechanism and availability-based revenue model&rdquo .
The manager also added that the trust has conducted its inaugural portfolio revaluation exercise, with total assets under management as at Dec 31, 2022 amounting to S$7.3 billion
KIT had net gearing of 39.8 per cent as at Dec 31, 2022, and the manager noted it had &ldquo comfortable debt headroom for growth&rdquo . Around 72 per cent of KIT&rsquo s floating interest rates were hedged, and the trust had a weighted average interest rate of 3.7 per cent.
KIT units rose 0.9 per cent on Monday to close at S$0.57 before the earnings announcement. ( this translated to a distribution yield of 6.7 per cent )
H2 FY2022 distribution of $0.0191/unit is lower than H1 FY2022 distribution of $0.0192/unit,
but higher than H2 FY2021 distribution of $0.0186/unit
but higher than H2 FY2021 distribution of $0.0186/unit
Noob12 ( Date: 30-Jan-2023 22:58) Posted:
|
Higher. $0.0191 to be paid in 14 Feb
investshare ( Date: 30-Jan-2023 19:48) Posted:
|
Lower dividend?
spursfan ( Date: 30-Jan-2023 18:17) Posted:
|
MEDIA RELEASE
Keppel Infrastructure Trust Unaudited Results for the Second Half and Full Year ended 31 December 2022
https://links.sgx.com/1.0.0/corporate-announcements/MG5U7CZKFY2ZJ3O3/745130_1.%20KIT%202H%20and%20FY2022%20-%20Financial%20Highlights%20and%20Unaudited%20Results_MREL.pdf
Keppel Infrastructure Trust Unaudited Results for the Second Half and Full Year ended 31 December 2022
https://links.sgx.com/1.0.0/corporate-announcements/MG5U7CZKFY2ZJ3O3/745130_1.%20KIT%202H%20and%20FY2022%20-%20Financial%20Highlights%20and%20Unaudited%20Results_MREL.pdf
For myself,... if the mgmt fee is tied to growth in dpu payouts, I' m willing to let the mgmt earn. When there are results, we must pay,...
investshare ( Date: 20-Dec-2022 17:55) Posted:
|
What?s the status of increase management fee?
chengwh1 ( Date: 20-Dec-2022 16:03) Posted:
|
In a recent presentation given, the mgmt said if they are to do an EFR, the discounted price would be 10%, in-line with rulings. I think this REIT will do well, with its focus on renewable energy. Secondly, its ' willingness' to increase dpu payouts is also a plus-point. I believed the price is not moving much because investors are waiting for the EFR to be launched.
How is this counter? Although this trust keep on investing renewal energy, you guys think that its dividend is suntainable?
Fed increase rate further, share price likely to drop.
I have sold out KIT as part of my portfolio rebalancing. Not comfortable with the increase in management fee, plus major assets facing leasing expiring pressure. Can sense that they are aggressive to seek acquisition but current environment is not ideal with acquisition with high interest rate. Can sense that they will be doing a right issue soon, I am afraid that the right issue price may get discounted too much like what CSE Global did recently.
Keppel Infrastructure unit in tie-up to explore green projects in Indonesia
KEPPEL New Energy, a subsidiary of Keppel Corporation&rsquo s infrastructure arm, will be collaborating with Pertamina Power Indonesia and Chevron New Energies International to explore the development of green hydrogen and green ammonia projects using renewable energy in Indonesia.
The companies will assess the feasibility of developing a green hydrogen facility, powered by geothermal energy, to produce at least 40,000 tonnes of hydrogen per year.
Green hydrogen is touted as a potential game changer in the race for net-zero emissions by cutting fossil fuel dependence. While the alternative fuel is typically generated through electrolysis from water, green ammonia can also be used as a carrier to provide green hydrogen.
The project is expected to contribute to Indonesia&rsquo s goal to achieve net-zero emissions by 2060.
With about 40 per cent of the world&rsquo s geothermal resources, Indonesia has &ldquo vast resources and enormous potential for renewable and low carbon energy&rdquo , said Keppel Infrastructure chief executive officer Cindy Lim.
The partnership was confirmed on Friday (Nov 11) through a joint study agreement signed by the three companies at the Business 20 Investment Forum in Bali.
This is Keppel Infrastructure&rsquo s second such partnership in as many months, following the announcement of a similar collaboration with Indian renewable energy company GreenKo in October.
Keppel Corporation does not expect the partnership to have any material impact on its earnings per share and net tangible assets for the current financial year.
Fully agree that FED pass record decisions r either lagging behind or overdo it in both interest rate n QE !lukewong82 ( Date: 23-Oct-2022 18:05) Posted:
|