Sporeshare
05-13

$CapLand Ascott T(HMN.SI)$  

https://www.spore-share.com/2024/05/capland-ascott-she-is-gaining-strength.html

  CapLand Ascott - She is gaining strength! Likely to cross over 91.5 cents smoothly and rises higher towards 95 cents and above! Previous PO price at 1.025.

Do take note!

CapLand Ascott - I think great price is here! At 89.5 cents, yield is more than 6 percent foe this giant hospitality reit seem trading at an undervalued price! Pls dyodd.

Nibbled a bit at 90.5 cents.

Not a call to buy or sell!

1st quarter gross profit for the first quarter ended March rose 15 per cent year on year, due to contributions from new properties and a stronger operating performance.

Gearing stood at 37.7 per cent, which its managers estimated to translate to about S$2 billion in debt headroom.

Its average interest rate stood at 3 per cent per year with an interest cover of 3.7 times and a weighted average debt to maturity of 3.9 years.

Occupancy rate is about 95%.

Estimating yearly dpu of 5.5 cents. At 90 cents, yield is about 6%.

I think is quite a good yield level!

Pls dyodd.

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