Bursa Malaysia Stock Watch

AmanahRaya REIT (Buy): No suprises

kltrader
Publish date: Thu, 01 Dec 2011, 07:45 PM
kltrader
0 20,407
This blog provides consolidated Bursa Malaysia stock market research, analysis, news and blogs from various sources. You can search and find all the past analysis and coverage on stocks and news by searching within this site. While this blog re-publishes contents from other sites, it does not own the rights nor responsible for the accuracy of the contents. If you disagree to your content from being published here, please add a comment, and your article will be removed from this site.
Maintain Buy. AAREIT's 9M11 net profit of RM32.2m (+2% YoY) was 76% of our full-year earnings forecast (in line). YTD DPU of 5.3 sen was also in line to meet our 2011 DPU forecast of 7.0 sen. We continue to like AAREIT for its long term lease agreements with 42.7% (2012) and 35.2% (2013) by NLA up for rental review with the existing tenants. We maintain our Buy call and DCF-based TP of RM0.95.

Maybank research (1 December 2011)

Click here for full report
Related Stocks
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment