Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
00823 LINK REIT
RTNominal unchange33.900 0.000 (0.000%)
Others

14/10/2019 16:28

{I-bank focus}Morgan lowers Link REIT (00823) to HK$91

[ET Net News Agency, 14 October 2019] Morgan Stanley lowered its target price for Link
REIT (00823) to HK$91 from HK$93 and maintained its "equal-weight" rating.
The research house expects Link's interim DPU to grow 7% in 1H FY2020, down from 8.6%
in FY2019 and the FY2016-19 CAGR of 10%. Earnings growth should be constrained by asset
disposal in March 2019, Rmb depreciation, rising interest expenses, and below-budget unit
buybacks.
Morgan expects HK retail rental reversion to slow from 22.5% in FY2019 to 20% in 1H
FY2020, the high teens in 2H FY2019, and the mid-to-high teens in FY2021-22. Hence, it
expects FY2021-22 DPU growth to slow down to 6-7% p.a. (KL)

Back to Others

Remark: Real time quote last updated: 26/04/2024 07:57
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2024 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.