Bursa Malaysia Stock Watch

Quill Capita Trust: Maintain Hold - No surprises

kltrader
Publish date: Mon, 16 Jul 2012, 10:59 AM
kltrader
0 20,246
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.
On track. QCT's 6M12 net profit of MYR17.2m was in line, accounting for 48-49% of our and consensus full-year estimates. Its proposed 4.1sen gross DPS for the 1H 2012 was also within expectations. No change to our earnings forecasts and MYR1.10 TP. Despite its higher-than-average yield of 7.3% (gross) (vs. industry's 6.8%), we maintain our Hold rating on QCT as we see high occupancy risk in office REITs given the current oversupply situation.

Click here for full report

Source: Maybank Research - 16 July 2012
Related Stocks
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment