$CapLand IntCom T(C38U.SI)$
— 1Q24 NPI up 6% YoY to $297m, with committed occupancy of 97%
— gearing at 40% with 76% debt on fixed rates
— well spread tenant base. No single tenant contributes more than 5.2% of total gross rental income.
At 1.86, yield is about 5.8% . I think is quite a good level. NAV is about 2.10.
Pls dyodd.
The price has risen up 2 cents to 1.88 after the releasing of the 1st quarter results looks like market is in favor of this sets of financial numbers being reported.
https://www.spore-share.com/2024/04/capland-intcom-tr-1st-quarter-results.html
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments