Stock Name: K-REIT
Company Name: K-REIT ASIA
Target S$0.93
Hit by fears of an office slowdown and some dissent over its OFC acquisition, K-REIT had underperformed STI by 22% in the past year. With multiple negatives priced in and increased confidence after our meetings, we see room for it to meet or surpass expectations.
Source: CIMB Day Break 08 March 2012, Full PDF Report
Company Name: K-REIT ASIA
Research House: CIMB | Price Call: HOLD | Target Price: 0.93 |
Target S$0.93
Hit by fears of an office slowdown and some dissent over its OFC acquisition, K-REIT had underperformed STI by 22% in the past year. With multiple negatives priced in and increased confidence after our meetings, we see room for it to meet or surpass expectations.
Source: CIMB Day Break 08 March 2012, Full PDF Report
No comments:
Post a Comment