We did an article some time back on HPH Trust. [Analysis here >>] Since then the price went down to a low of 59 cents and came back up at 68 cents. Why is this stock continue to be weak? Analyst are still thinking that there is a good risk versus reward for this.
- The general consensus during IPO was that HPH will grow 8.5% in 2011 and 8.4 in 2012. Turns out instead of growing based on GDP growth, volume have fell 4.6% instead.
- DMG Analyst think that the port assets owned by HPH are relatively mature and unlikely to deliver much more than single digit growth even if economic situation improve.
- CITI Analyst says the original estimate DPU was 5.9 US cents (45.88 HK cents) for 2011 and 6.59 US Cents (51.24 HK cents) for 2012 could be in …