Welcome!
Keppel Infrastructure Trust (KIT)
Broker's Calls
Brokers’ Digest: CDL, PropNex, PLife REIT, KIT, SingPost, Grand Banks Yachts, Nio, Frencken, ST Engineering, UOB
Here's what the analysts have to say about these counters this week.
3 hours ago
Broker's Calls
OCBC maintains ‘buy’ on Keppel Infrastructure Trust; fair value estimate unchanged
This comes following KIT’s proposed acquisition of a 50% equity interest in Keppel Marina East Desalination Plant.
8 days ago
M&A
KIT to acquire 50% of Keppel Marina East Desalination Plant
Keppel and KIT will each hold a 50% equity interest for the plant, which has an enterprise value of $323 million.
10 days ago
REITs
KIT enters into $75 mil loan facility
Units in Keppel Infrastructure Trust closed at 45 cents on Oct 28.
October 28, 2024
Results
KIT reports 9MFY2024 distributable income of $106.1 mil, 60.1% lower y-o-y
Adjusting for one-offs and timing differences, KIT’s 9MFY2024 distributable income would have been $124 million, 11.2% lower y-o-y.
October 23, 2024
Company in the news
KIT and MPIC to sell stake in Philippine Coastal Storage & Pipeline Corporation for enterprise value of US$460 mil
As at 11.10am, units in KIT are trading 1 cent lower or 2.13% down at 46 cents.
October 23, 2024
REITs
KIT announces private placement to raise some $200 mil
KIT intends to declare an advanced distribution from July 1 to the date before the issue of the placement units.
August 27, 2024
Results
Keppel Infrastructure Trust reports 1HFY2024 DPU of 1.95 cents, 1.0% higher y-o-y
Overall, KIT reported a loss of $23.9 million attributed to unitholders of the trust.
July 26, 2024
Broker's Calls
Brokers’ Digest: Sea, ST Engineering, MINT, KIT, Kim Heng, Grab, DHLT, Seatrium
See what the analysts have to say this week.
June 20, 2024
Broker's Calls
Beansprout initiates ‘buy’ call on KIT with TP of 59 cents
At KIT's current share price, analyst Peggy Mak estimates equity yields of 8.5% for FY2024, and 8.9% for FY2025.
June 15, 2024