Company Overview and News

Kenanga IB upgrades Capitaland Malaysia Mall Trust to 'outperform'

2018-10-05 theedgemarkets
(Oct 5): Kenanga Investment Bank Bhd analyst Marie Vaz upgraded the recommendation on Capitaland Malaysia Mall Trust (CMMT) to outperform from market perform.

REITs expected to be active in greenfield, brownfield projects

2018-09-13 theedgemarkets
Real estate investment trust sector Maintain neutral: There are no surprises for 2QCY18 earnings for real estate investment trusts (REIT). Core net income (CNI) of the six out of the seven REITs under our coverage were in line with our full-year forecasts.

More greenfield and brownfield projects for REITs

MIDF Research noted that Axis REIT has handed over Axis Mega Distribution Centre to Nestle and is now working on the Axis Aerotech [email protected] with a development cost of RM74.2mil, expected to be completed by the fourth quarter of this year.

Riding on REITs

BURSA Malaysia introduced the all-share Real Estate Investment Trust (REIT) Index on Oct 26 last year and to its credit, the REITs Index is definitely a right step forward.
SLLXF 5109 5180 BSMAF 1818

Better 2H on higher occupancy rate seen for CapitaLand

2018-07-27 theedgemarkets
CapitaLand Malaysia Mall Trust (July 26, RM1.23) Maintain neutral with an unchanged target price (TP) of RM1.11: First half of financial year 2018 (1HFY18) earnings largely within estimates. CapitaLand Malaysia Mall Trust’s (CMMT) 1HFY18 core net income (CNI) of RM70.7 million was largely in line with our full-year expectations, making up 44.4% of our full-year forecast and 44.9% of consensus’. A distribution per unit (DPU) of two sen was announced, which is also within our estimates.

CIMB IB Research raises target price for CMMT to RM1.25

2018-07-27 theedgemarkets
KUALA LUMPUR (July 27): CIMB IB Research has maintained its “Hold” rating on CapitaLand Malaysia Mall Trust (CMMT) at RM1.24 with a higher target price of RM1.25 (from RM1.09) and said CMMT’s 1H18 core net profit was broadly in line at 44-45% of house and consensus numbers.

CapitaMalls Malaysia Trust cut to sell at Maybank

2018-07-26 theedgemarkets
KUALA LUMPUR (July 26): Maybank Kim Eng analyst Kevin Wong downgraded the recommendation on Capitaland Malaysia Mall Trust to sell from hold.

KLCI to extend gains, immediate support at 1,745

2018-07-25 theedgemarkets
KUALA LUMPUR (July 26): The FBM KLCI is expected to edge higher today in line with the extended rally at most global markets, with immediate support at 1,745.
9261 6084 5180 4723 5246 MGFCF

Westports, Star Media, JAKS, Cuscapi, Uzma, Marine & General, Vizione, D’nonce Tech, CMMT, Gadang, M-Mode and Mega First

2018-07-25 theedgemarkets
KUALA LUMPUR (July 25): Based on corporate announcements and news flow today, companies that may be in focus on Thursday (July 26) may include the following: Westports Holdings Bhd, Star Media Group Bhd, JAKS Resources Bhd, Cuscapi Bhd, Uzma Bhd, Marine & General Bhd, Vizione Holdings Bhd, D’nonce Technology Bhd, Capitaland Malaysia Mall Trust, Gadang Holdings Bhd, M-Mode Bhd and Mega First Corporation Bhd.
9261 6084 5180 4723 5246 BSMAF MGFCF 1818

CapitaLand 2Q NPI down 10.8% y-o-y to RM53.4m, declares 2 sen DPU

2018-07-25 theedgemarkets
KUALA LUMPUR (July 25): CapitaLand Malaysia Mall REIT Management Sdn Bhd (CMRM), the manager of CapitaLand Malaysia Mall Trust (CMMT), announced today that CMMT achieved net property income (NPI) of RM53.4 million for the second quarter of its financial year ending Dec 31, 2018 (2QFY18), which was 10.8% lower than its 2QFY17 NPI of RM59.8 million.
5180 BSMAF 1818

Al-Salam REIT aims to acquire assets worth RM1 bil

2018-07-24 theedgemarkets
AL-SALAM Real Estate Investment Trust, one of the two REITs in the Johor Corp group, is aiming to acquire almost RM1 billion worth of commercial and industrial assets over the next three years.
5269 5180 BSMAF 1818

Trading ideas: Unisem, Globetronics, CMMT, Minetech, Takaful Malaysia

KUALA LUMPUR: JF Apex Research expects Unisem (M) Bhd , Globetronics Technology Bhd , CapitaLand Malaysia Mall Trust (CMMT), Minetech Resources Bhd and Syarikat Takaful Malaysia Bhd to attract trading interest today.
6139 7219 5180 7022 GBTKF

CapitaLand Malaysia posts lower net profit to RM37mil

CapitaLand Malaysia Mall Reit Management Sdn Bhd CEO Low Peck Chen, CMMT’s manager, said CMMT achieved a positive rental reversion of 2.2% and a stable portfolio occupancy remained stable of 93.7% as at March 31, 2018, amidst a challenging operating environment.
5180 BSMAF 1818

MREITs take a real beating

Downtrend: At yesterday’s close, the fall of MREITs widened considerably year to date with CapitaLand Malaysia Mall Trust (CMMT) seeing a 40.2 decline, diversified Sunway REIT (13.09), PavREIT (9.85), AxisREIT (16.77) and IGB REIT (12.98).
5180 5123

Capitaland 'outperform', Sime Darby 'add', Wah Seong 'neutral', Berjaya Sports Toto 'buy'

CapitaLand Malaysia Mall Trust (CMMT)’s share price has declined 30% year-to-date and is below the initial public offering (IPO) price of RM1.08 (in 2010).
1562 SMEBF 5180 4197

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