NetLink NBN Trust's Stable Distribution Yield May Become More Attractive -- Market Talk

Dow Jones
11/06

0151 GMT - NetLink NBN Trust's stable distribution yield of 5.5% may become more attractive, thanks to falling interest rates, Phillip Securities Research's Paul Chew says in a note. Declining rates allow the fiber-network infrastructure operator to reduce refinancing costs for its S$510 million loan due May 2026, the head of research says. The trust's free cash flows should also improve as capital expenditure decreases with the completion of its Seletar Central Office. The brokerage raises the target price to S$0.93 from S$0.87 to reflect lowered risk-free rate and beta assumptions, with an unchanged neutral rating. Units are 0.5% lower at S$0.97. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

November 05, 2025 20:51 ET (01:51 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

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