05 Aug 2020
(Stocks Discussion) SGX: Mapletree Industrial Trust (SGX: ME8U)?
Discuss anything about share price, dividends, yield, ratios, fundamentals, technical analysis and if you would buy or sell this stock on the SGX Singapore markets
Also, these questions just represent opinions, so before you invest, please do your own due diligence.
Hello! MIT released their earnings for the third quarter on Jan 30, 2019! Here are some essential indicators and numbers to take note!
MIT has grown its DPU from 0.24 cents in FY12/13 to 11.75 cents in FY17/18. This gives investors a 4.9% CAGR! The gain in this quarter was driven by a build-to-suit project for HP Singapore, as well as contributions from new properties; 7 Tai Seng and Mapletree sunview. MIT's gearing ratio is way below the regulatory gearing limitation of 45%, signifying a healthy position. Additionally, MIT's acquisition of 7 Tai Seng, 18 Tai Seng and Mapletree sunview will grow its high tech building and data centre portfolio, thus increasing the overall portfolio WALE (weighted average lease expiry), providing income stability.
Here's a chart on MIT's historical performance
Another one of my favorite REITs! Very good management and stock has good solid history. I like thei...
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