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Saturday, August 17, 2024

Mapletree Log Tr - Today gd reit likely gap up due to Powell's speech last Friday that Fed is ready to cut rate to stave off weak US labor. Gd reit likely cheer along with this piece of gd news!

 Mapletree Log Tr  - Today gd reit likely gap up due to Powell's speech last Friday that Fed is ready to cut rate to stave off weak US labor. Gd reit likely cheer along with this piece of gd news! 



She may cross over 1.38 and rise up to test 1.43 than 1.51 with extension to 1.64.

Pls dyodd.

18th August 2024 update:

 Mapletree Log Tr  - Chart wise, she needs to overcome the resistance at 1.34 and 1.38 in order to rise up further! 



At 1.30, yield is about 6.4 percent for this Giant logistics reit of which I think is quite a good pivot point to consider!

NAV is about 1.37.

Gearing below 40%.

 Pls dyodd. 

24th July 2024 update:

MLT : Mapletree Logistics Tr - 1st quarter results is out! Gross Revenue is down marginally to 181.6m versus 182m . 




NPI is down 0.9 percent to 156m. Distribution income is down 7.4 percent to 103m versus 111m , borrowing costs increased 9.4 percent to 38.5m due to higher borrowing costs! DPU is down 8.9 percent to 2.068 cents versus 2.27 cents



 Mapletree Log Tr  - First Quarter results will be out today - 24th July after Trading hours. I think  dpu likely lower as China side may see a lower revenue !

 Estimating DPU of 2.18 cents! Occupancy rate is 95.7% versus 96% last year! Gearing is 39.6%. 

The overall average rental reversion including China was 2.6%.

Pls dyodd.  






Lai ah, AGM is on 17th July 2024 at 2.30pm.1st quarter results will be out in 24th July , dividend is coming, awesome! She had a nice rebound yesterday, need a follow through to reverse this downtrend.



She may likely rise up ti test 1.40-1.42 level. A nice breakout smoothly may see her rising up further towards 1.50 - 1.51.

Pls dyodd.


  Mapletree Log Tr  - Today Pay day for dividend of 2.218 cents crediting to the bank account plus scrip share issued for those who opted to receive in share!



 AGM is on 17th July 2024 at Mapletree Business City Town at 2.30PM.

Chart wise, it looks like 1.29-1.30 is a good pivot point of support! 



Yield is about 6.74% at 1.32. NAV 1.37. Gearing belowv40%. I think good yield level to slowly accumulate for my mid holding! Pls dyodd. 


Mapletree Log Tr  - I think boat is back! Trading at 1.30 yield is a whopping 6.82 percent which is a very good yield level to consider! 




NAV 1.37, Gearing below 40 percent. Pls dyodd. 


  Mapletree Log Tr  - 4th quarter results is out! Gross Revenue is up 1.2 percent to 181m, NPI is up 0.6 percent to 155m, DPU is down 2.5 percent to 2.211 cents marginally due to enlarged no of unit base, rental reversion increased 2.9 percent,  gearing 38.9 percent which is quite healthy! I think the results is quite resilient! Pls dyodd. 





Occupancy rate 96%.

XD 2.211 cents on 7th May 

Pay date 26th June.

Fixed loan rate of 84%.

Do take note. 





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