CapitaMalls Malaysia Trust; Buy; RM1.55
Price Target: RM1.95; CMMT MK
Retail still attractive
9M13 realised income was in line with our and street estimates; The Mines outperformed this quarter. Organic growth to drive near-term earnings, but potential acquisitions may be on the horizon. Maintain BUY with RM1.95 TP.
IGB REIT; Hold; RM1.22
Price Target: RM1.35; IGBREIT MK
Stable but unexciting
9M13 earnings in line with our and consensus’ expectations. Higher NPI margins q-o-q was the key highlight. Near-term growth mainly organic; major re-rating catalyst later rather than sooner. Maintain HOLD with RM1.35 TP.
Source: HwangDBS Research - 25 Oct 2013
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Created by kltrader | Sep 30, 2022