Stock Name: LippoMalls
Company Name: LIPPO MALLS INDO RETAIL TRUST
SIAS Research in an Oct 3 research report says: "We paid visits to the three Lippo Malls Indonesia Retail Trust's ("LMIRT") malls - Cibubur Junction, Plaza Semanggi and Gajah Mada Plaza during our Indonesia trip to gain a better understanding of LMIRT's underlying assets.
"We concluded our LMIRT visit on a positive note, being highly impressed with (1) the operations of the malls and (2) the tenant allocations. We believe that both of these have augmented the mall in bringing out its relevance to the neighborhood as well as taking advantage of their spending power.
"We also see the potential for higher positive rental reversion on the resulting from effective asset enhancements moving forward. We are maintaining our current price on LMIRT at 79.5 cents. MAINTAIN INCREASE EXPOSURE."
Company Name: LIPPO MALLS INDO RETAIL TRUST
| Research House: SIAS | Price Call: BUY | Target Price: 0.795 |
SIAS Research in an Oct 3 research report says: "We paid visits to the three Lippo Malls Indonesia Retail Trust's ("LMIRT") malls - Cibubur Junction, Plaza Semanggi and Gajah Mada Plaza during our Indonesia trip to gain a better understanding of LMIRT's underlying assets.
"We concluded our LMIRT visit on a positive note, being highly impressed with (1) the operations of the malls and (2) the tenant allocations. We believe that both of these have augmented the mall in bringing out its relevance to the neighborhood as well as taking advantage of their spending power.
"We also see the potential for higher positive rental reversion on the resulting from effective asset enhancements moving forward. We are maintaining our current price on LMIRT at 79.5 cents. MAINTAIN INCREASE EXPOSURE."
No comments:
Post a Comment