Sunday, April 29, 2012

LMIR Q1FY2012

Results released on 30/4/2012.

Gross Revenue                                    = $45,565K
NPI                                                    =$30,857K
Distributable Amount                           =$15,008K
EPU                                                    =0.82 cents
DPU                                                   = 0.69 cents
Total Assets                                        =$1,607,707K
Total Liabilities                                    =$374,827K
NAV                                                   = 56.62 cents

Friday, April 27, 2012

SingPost Q4 FY2011/2012

Results released on 27/4/2012.

Underlying Profit                    = $26.8 M
EPS (Q4 FY2011/2012)         = 1.553
DPU Q3 FY2011/2012           = 2.5 cents
Net Gearing                            = 0.766x
EBITDA to Interest Expenses = 17.2x
Total Liability                           = $770.4M
Borrowing                               = $505.7M
Cash & Cash Equiv                 = $617.4M
Net Assets                               = $659.8M
NAV  (as at 31th Dec 2011)    = 34.93 cents

Domestic Mail                         = $96,370,000
Logistic                                   = $53,959,000
Retail                                       = $18,154,000

Ascendas India Trust Q4 FY2011/2012

Results released on 27/4/2012

Total Property Income                         = INR 1353m ($34.3m)
Net Property Income                           = INR 765m ($19.4m)
Profit Before Tax                                 = INR 554m ($14m)
Distributable Income                            = INR 442m ($11.2m)
DPU                                                    = INR 57.5 (1.46 cents)
SGD/INR FX Rate = 39.5

Interest Cover                      = 4.0
% Of Fixed Debt Rate          = 100%
Gearing                                 = 29%
Weighted Abg Cost Of Debt = 6.2%
NAV                                     = 0.71 cents


CMPH - Q1FY2012

Results released on 27/4/2012.

Revenue                                         = HK$370,127K
Net Profit After Tax                        = HK$179,502K
Net Profit Attributable to Company = HK$112,184K
Non-controlling Interest                   = HK$67,318K
EPS                                                = HK 13.13 cents
NTA                                               = HK$5.02

Thursday, April 26, 2012

StarHill Global Reit Q1FY2012

Results released on 26/4/2012.

Gross Revenue                            = $46m
NPI                                            = $37.3m
DPU Available For Distribution   = $23.3m
DPU                                           = 1.07 cents
Total Debt                                   = $859m
Gearing                                       = 30.4%
Interest Cover                             = 4.8
Avg Interest Rate                        = 3.26%
Unencumbered Asset Ratio        = 42%
NAV                                         = 0.94 cents
Net Assets                                 = $1,859,927,000
Free Float                                  = 60% (exclude YTL &AIA)

Tuesday, April 24, 2012

Suntec Reit Q1FY2012

Results of Q1FY2012 released on 24/4/2012

DPU (Q4FY2011)                       =    2.453cts
Net Property Income                    =    $49,000,000
Income Available For Distribution =    $54,877,000

Total Assets  =   $7,500,419,000
Total Debts   =   $2,941,490,000
Net Assets     =  $4,558,929,000
NAV              = $1.987

Debt-to-Asset Ratio = 37.4%
Interest Cover          = 4.2

Corporate Rating = "Baa2"
Average All-in Financing Cost  = 2.78%

Suntec Reit is trading far below is NAV.

Saturday, April 21, 2012

First Reit Q1FY2012

Results for Q1FY2012 released on 20/4/2012.

NAV (as at 31th 2011)  = 79.99 cents
DPU (Q4FY2011)         = 1.93 cents (include 0.34 cents from divestment of Adam Road Property)
Annualized DPU            = 7.76 cents
Total Assets                   = $654,773,000
Total Liability                = $151,557,000
Total Debt                      = $97,373,000
Net Property Income      = $13,867,000
Distributable Income       = $12,138,000
Debt to Property Valuation Ratio = 16%
Number Of Units in Usse             = 629,104,828

Based on $8.7m gain in the Adam Road Property divestment, it amount to approx to $1.30 per shr.So, $1.30/0.34 is about 4. Hence, expect the gain to be distributed in 4 quarters starting from 3QFY2011.