Mapletree Commercial Trust (MCT)

SINGAPORE (July 26): The manager of Mapletree Commercial Trust (MCT) announced that its DPU for 1Q19/20 ended June has increased by 3.6% to 2.31 cents, compared to 2.23 cents in 1Q18/19.

SINGAPORE (Apr 25): Analysts are mostly keeping neutral after Mapletree Commercial Trust (MCT) yesterday announced that its 4Q19 DPU has increased by 1.8% to 2.31 cents from 2.27 cents in 4Q18, bringing FY19 DPU to 9.14 cents, 1.1% higher y-o-y.

SINGAPORE (Apr 24): The manager of Mapletree Commercial Trust (MCT) reported 4Q19 DPU of 2.31 cents, 1.8% higher than 2.27 cents in 4Q18.

SINGAPORE (Apr 5): The $9 billion investment to renew and refresh Singapore’s two integrated resorts (IRs) could provide some vibrancy to the domestic economy in the next few years and whip up some optimism in the city-state, says CGS-CIMB Research.

SINGAPORE (Feb 11): DBS Group Research is keeping its “overweight” rating on Singapore REITs following more dovish comments from the US Federal Reserve.

SINGAPORE (Jan 24): Naysayers who expect Mapletree Commercial Trust (MCT) to be de-rated given the threat of e-commerce hurting earnings at its key asset VivoCity should be made to eat their own words, say analysts.

SINGAPORE (Jan 23): The manager of Mapletree Commercial Trust reported 3Q18/19 DPU rose by 1.3% to 2.33 cents, compared to 2.30 cents in 3Q17/18.

SINGAPORE (Nov 28): OCBC Investment Research is initiating coverage on Mapletree Commercial Trust (MCT) at “buy” with a fair value estimate of $1.79 after inputting financial forecasts and capital asset pricing model (CAPM) assumptions into its model.

SINGAPORE (Oct 29): DBS Vickers Securities and Maybank Kim Eng are maintaining their respective “buy” and “hold” calls on Mapletree Commercial Trust (MCT) with target prices of $1.80 and $1.60, post the latest release of MCT’s results for 2Q19.

SINGAPORE (Oct 24): The trustee-manager of Mapletree Commercial Trust (MCT) has announced a 2Q19 DPU of 2.27 cents, 1.3% higher compared to 2.24 cents in 2Q18.