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Mapletree Logistics (M44U)
2Q09 results above street expectationsRobust occupancy of 98%Offers growth on top of stabilityMaintain BUY, TP S$0.70 based on DCF, offering 26% total returnResults slightly above.MLT reported a good set of 2Q09 results, beating market expectations. 2Q09 distributable income came in 26% higher atS$28.6m (DPU of 1.48 Scts), underpinned by 19% growth in topline and net ...
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ramonam Posted by ramonam User Menu
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on July 24, 2009 at Invest for Living

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