SingPost Q1FY2012/2013

Revenue                                      = $151.6M
Underlying Net Profit                   = 36.6M
Net Profit                                    = $38.1M

Mail  Revenue                             = $100.9M (Profit $34.6M)
Logistics Revenue                       = $57.1M (Profit $3.1M)
Retail Revenue                            = $18.6M (Profit $3.6M)
Others (Profit)                             = $7.438M

Net Debt                                    = 0.6X
EBITDA/Interest                        = 18.1
EPS                                           = 1.820 cents
NAV                                         = 34.48 cents

SMRT 1QFY2013

Q1FY2013 relaeased on 27/7/2012

Revenue                         = $275.2M

Operating Expenses       = $245.1M

Operating Profit             = $43.9M

EPS                                 = 2.4 cents\

NTA                                = 53.6 cents

Rail                                   = $25M

Bus                                    = (5.2M)

Taxi                                   = 1.5M

Rental                                = $16.2M

Adv                                    = $4.5M

Engr & Svcs                       = $0.1M

Total Assets                        = $1781.1M

Total Liabilities                   = $952M

Gearing                               = 0.15

SAT Q1FY2012/2013

Results released on 26/7/2012

Revenue                                    = $437.9m
Operating Profit                         = $39.3m
PATMI                                     = $41.3m
Net Margin                                = 9.4%
Debt-to-Equity                          = 0.11
EPS                                           = 3.7 cents
NAV                                         = $1.39
Cash & Cash Equiv                    = $533.8m

Key costs are Staff Costs ($194.1m) and Raw Materials (90.3m)

Ascendas India Trust 1QFY2012/2013

Results for 1Q FY2012/2013 released on 24th Jul 2012

DPU                                                      =  1.2 cents
Total Property Income                            =  $32.0m
NPI                                                        = $17.8m
Income Available For Dist                       = 1.33 cents
DPU                                                       = 1.20 cents
NAV                                                       = 0.59 cents
Interest Cover                                          = 4.2
Gearing                                                    = 33%
Percentage Fixed Rate Debt                     = 100%
Average Cost Of Debt                              = 6%

Currently at S$1 to INR 43.5. Largest tenant account for 5% of portfolio rent.

First Reit 2QFY2012

Results for Q2FY2012 released on 24/7/2012.

NAV (as at 31th 2011)  = 79.51 cents
DPU (Q4FY2011)         = 1.93 cents (include 0.34 cents from divestment of Adam Road Property)
Annualized DPU            = 7.07 cents
Total Assets                   = $649,640,000
Total Liability                = $148,525,000
Total Debt                      = $98,300,000
Net Property Income      = $13,900,000
Distributable Income       = $12,200,000
Debt to Property Valuation Ratio = 15.9%
Interest Cover                  = 11.8


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.

StarHillGlobal Reit 2QFY2012

Results released on 26/4/2012.

Gross Revenue                            = $46.4m
NPI                                            = $37.1m
DPU Available For Distribution   = $23.3m
DPU                                           = 1.08 cents
Total Debt                                   = $860m
Gearing                                       = 30.5%
Interest Cover                             = 4.8
Avg Interest Rate                        = 3.16%
Unencumbered Asset Ratio        = 42%
NAV (Ajusted)                          = 0.94 cents
Net Assets                                 = $1,850,897,000
Free Float                                  = 60% (exclude YTL &AIA)

Suntec Reit Q2FY2012

Results of Q2FY2012 released on 19/7/2012

DPU (Q4FY2011)                       =    2.361cts
Net Property Income                    =    $45,430,000
Income Available For Distribution =    $52,961,000

Total Assets  =   $7,485,979,000
Total Debts   =   $2,934,682,000
Net Assets     =  $4,551,297,000
EPS               = 1.71 cents
NAV              = $1.979

Debt-to-Asset Ratio = 37.5%
Interest Cover          = 4.2

Corporate Rating = "Baa2"
Average All-in Financing Cost  = 2.85%

Suntec Reit is trading far below is NAV