|Day's range||1.63 - 1.66|
|52-week range||1.43 - 1.70|
|PE ratio (TTM)||18.64|
|Earnings date||18 Jul 2017 - 24 Jul 2017|
|Dividend & yield||N/A (N/A)|
|1y target est||1.63|
Full Year 2016 CapitaLand Commercial Trust Earnings Presentation
It left Sheng Siong with no secured HDB site for Christmas. It seems like everything is not working in favour of Sheng Siong recently, as it failed to secure HDB sites, a recent report revealed. According to Maybank KimEng, a 311 sqm shop in Sengkang was secured by an individual named Raymond Chan, who is believed to be from U Stars Supermarket, an operator of three supermarket outlets that recently diversified from its coffee shop roots.
According to a report by UOB Kay Hian, Q2 saw 2016’s expiring office leases slashed to 4% by NLA, with overall positive rental reversions. This leaves a respective 10% and 17% of office leases by NLA due for renewal in 2017 and 2018, with respective average passing rents of $10.77 psf and $10.64 psf. “We note that these passing rents are above that of CBRE spot Grade-A office rents of S$9.50 psf, with management has acknowledged the likelihood of negative reversions next year,” UOB Kay Hian states.