PhillipCapital is positive on the overall outlook for Mapletree Logistics Trust (MLT) and has kept its “overweight” rating on the MLTSP 4.18% Perp Corp (SGD) with a yield to call of 3.15% and yield to worst of 3.08%. Meanwhile, it rates “neutral” on the MLTSP 3.65% Perp Corp (SGD) with YTC o...

Singapore’s stock market is in the “final ‘despair’ phase”, say DBS analysts Yeo Kee Yan and Janice Chua who think this stage begun on June 10 when the Straits Times Index (STI) was at 2,800 points. “This is typical of the last phase of the bear market characterised by the worsening head...

The benchmark Straits Times Index (STI) slid 1.3% week-on-week to 2,581.66 this morning, after Singapore’s factory output contracted for the second straight month in June. On July 24, Singapore’s factory output fell 6.7% y-o-y, which fell short of the 2.6% forecast by private-sector economists i...

While most analysts are generally bullish on Mapletree Logistics Trust (MLT), following its positive 1QFY20/21 results announcement, UOB Kay Hian does not share similar sentiments as it is downgrading its call on MLT to “hold” from “buy” with a target price of $2.08 and an entry price of $1....

SINGAPORE (July 22): Analysts from CGS-CIMB, DBS Group Research, OCBC, and PhillipCapital have raised their target prices on Keppel DC REIT, due to met expectations on its 1H20 results. However, the analysts have maintained their “hold” or “neutral” calls on the REIT. On July 21, Keppel...

SINGAPORE (July 22): Analysts are bullish on Mapletree Logistics Trust (MLT) after it announced a rather positive 1QFY20/21 results on Monday with DPU increasing by 1.0% y-o-y to 2.045 cents, while gross revenue and net property income increased by 10.5% and 12.0% to $132.4 million and $118.8 millio...

SINGAPORE (July 21): OCBC Investment Research has a “hold” call on Mapletree Logistics Trust (MLT) with a higher fair value estimate of $2.07 from $1.79 previously. This came following the trust yesterday announcing that its 1QFY20/21 DPU has increased by 1.0% y-o-y to 2.045 cents, with gross re...

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THE following companies saw new developments that may affect trading of their securities on Tuesday:

MAPLETREE Logistics Trust (MLT) has declared a distribution per unit (DPU) of 2.045 Singapore cents for its first quarter ended June 30, up 1 per cent from 2.025 cents in the year-ago period.