) I think panic selling has caused the price to drop to such a low level. Likely to rebound as their stable dpu is not affected by the US president elect and that Fed policy won't change. 0.25% cut for Nov. More to come. Don't miss out! Pls dyodd.
https://sporeshare.blogspot.com/2024/10/mapletree-ind-tr-2nd-quarter-results-is.html
Mapletree Ind Tr - 2nd quarter results is out! Awesome! All figures saw improvement/increases. Gross revenue is up 4.2 percent to 181m. NPI is up 4.6 percent to 134m, DPU is up 1.5 percent to 3.37 cents. At least we can have a sigh of relief!
Distribution Income is up 1.9 % to 95.8m.
NAV is down marginally to 1.72.
Gearing remain healthy below 40% at 39.1%.
XD 6th November Paydate 18th December.
I think the results is good and is the best of the Mapletree reit counter.
Pls dyodd.
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