Mapletree Logistics Trust (MLT)

1008 Brokers Digest - THE EDGE SINGAPORE

Broker's Calls

1008 Brokers Digest

Take a look at these stocks this week, including Netflix, iFAST and Mapletree Logistics Trust.
DBS stays positive on Mapletree Logistics Trust given 'robust fundamentals' and accretive acquisitions - THE EDGE SINGAPORE

Broker's Calls

DBS stays positive on Mapletree Logistics Trust given 'robust fundamentals' and accretive acquisitions

DBS expects MLT to continue making accretive acquisitions, supported by a conducive cost of capital and significant pipeline.
Analysts remain neutral on MLT despite DPU growth in 1Q22 - THE EDGE SINGAPORE

Broker's Calls

Analysts remain neutral on MLT despite DPU growth in 1Q22

Analysts from OCBC and UOB Kay Hian have also kept their TPs at $2.10 and $2.08 respectively.

Results

Mapletree Logistics Trust ups DPU on 23.7% growth in revenue in 1Q21/22

Net property income for 1QFY2021/22 increased by $25.3 million, or 21.3% y-o-y.
MLT granted option to purchase Changi property  - THE EDGE SINGAPORE

REITs

MLT granted option to purchase Changi property

MLT has been granted an option to purchase a Changi property that will be accretive to distributions.
UOB Kay Hian sees tailwinds for logistics S-REITs, keeps 'overweight', prefers FLT and ARA LOG - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian sees tailwinds for logistics S-REITs, keeps 'overweight', prefers FLT and ARA LOG

UOB Kay Hian has rated "buy" on FLCT and ARA LOG, and "hold" on MLT.

REITs

MLT remains keen on proposed acquisition of Mapletree Logistics Hub – Tanjung Pelepas

The manager of the REIT says it will continue to work closely with the related parties and will provide an update where necessary.
'Positive surprises' among industrial S-REITs, with logistics to outperform: DBS - THE EDGE SINGAPORE

Broker's Calls

'Positive surprises' among industrial S-REITs, with logistics to outperform: DBS

The broad economic recovery, as well as delays in construction, played a role in the segment’s outperformance.

Broker's Calls

Analysts mostly positive on Mapletree Logistics Trust as 4Q20/21 results meet or beat estimates

The recent underperformance in MLT represents an opportunity for investors to accumulate, says the OCBC research team.

Results

Mapletree Logistics Trust posts 5.5% growth in 4Q20/21 DPU of 2.161 cents

Unitholders can expect to receive their distributions on April 29.
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