CapitaLand Investment's Asset Sale Plan Could Improve Return on Equity

Dow Jones
08/14

0601 GMT - CapitaLand Investment's plan to sell around 7 billion Singapore dollars-S$9 billion of its noncore assets and investments seems to be a good move to Morningstar's Xavier Lee. He expects the capital gained from divesting of these assets to improve CapitaLand Investment's return on equity and be redeployed into higher-growth opportunities. Growth in the real-estate asset manager's fee-related earnings and ongoing asset recycling should also support earnings growth over time, the analyst adds. Morningstar retains its S$3.00 fair-value estimate, viewing the shares as undervalued. Shares fall 0.4% to S$2.74.

 

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10