Hutchison Port Holdings Trust (HPHT) – one of my Yield Plays……beats forecast in prospectus……..remains an attractive yield play even with US$ risk
By Kevin Scully-Financial Blog • February 23, 2012
Hutchison Port Holdings Trust (HPHT) - one of my Yield Plays......beats forecast in prospectus........remains an attractive yield play even with US$ riskThursday, 23 February, 201211:11 AM
Posted by Kevin Scully HPHT delivered its maiden FY2011 results with net profit of HK$1.97bn. But because HPHT was formed in the first quarter 2011 - there are no comparable financial statements for investors to work on. A more important document is the FY2011 results presentation which compares what was achieved on a proforma basis against the forecast given in the prospectus.I have summarised some of the key numbers here for ease of reference:
