Posts 5.1% YoY Growth in distributable Income — FY DPU totalled 9.53 cents
— recorded positive full year rental reversion— All properties achieved higher occupancy, lifting portfolio committed and actual occupancy rates to 97.0% and 94.3% respectively.
Result is out on 20 April!
Looks like reporting a good set of financial numbers with better dpu before the forming of the new company.
Estimating 5.5-5.8 cents dividend.
Pls dyodd.
Looks like price has gaining strength and may likely move up to retest 1.90-1.92 again!
I think price has come down to a good pivot point!
Yearly dpu is about 9.5 cents. Yield 5.25% foe this retail cum office reit seem rather interesting! P/B 1.2. Gearing below 40%. Good mgmt, famous sponsor.
Not a call to buy or sell.
Pls dyodd.