[New post] DBS: HK Land Upgrade to BUY with TP of US$5.23. This is based on target discount of 55% to our Jun-2022 NAV estimate.

alanyeo posted: " Higher development earnings, resilient rental incomeHongkong Land's 1H21 underlying profit grew 12% to US$394m led by higher development earnings. Despite improved earnings, interim DPS remained flat at US$0.06.Gross rental income was stable with income " Respond to this post by replying above this line New post on Alpha Edge Investing DBS: HK Land Upgrade to BUY with TP of US$5.23. This is based on target discount of 55% to our Jun-2022 NAV estimate. by alanyeo Higher development earnings, resilient rental incomeHongkong Land's 1H21 underlying profit grew 12% to US$394m led by higher development earnings. Despite improved earnings, interim DPS remained flat at US$0.06. Gross rental income was stable with income shortfall from Central office portfolio offset by increased contributions from Central retail portfolio and WF CENTRAL in Beijing. Office reversionary […] Read more of this post alanyeo | July 30, 2021 at 2:51 pm | Tags: Hongkong Land Holdings | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-2hf Comment    See all comments    Like Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://alphaedgeinvesting.com/2021/07/30/dbs-hk-land-upgrade-to-buy-with-tp-of-us5-23-this-is-based-on-target-discount-of-55-to-our-jun-2022-nav-estimate/ Thanks for flying with WordPress.com