Shares & Derivatives
Keppel DC REIT (SGX: AJBU): 2023 First Quarter Business Update
By ViresInSolitudine  •  June 16, 2023
On 18 April 2023, Keppel DC REIT (“KDC”) have announced their 2023 first quarter business update. The overall metrics is in the favorable range given that their financial position remained relatively stable this quarter. Their expected dividend yield of close to 5.00% is also not undesirable given that long-term interest rates have continued to fall over the last few months. The recent happenings with Digital Core REIT (SGX: DCRU) and one of their largest customer is something we should take note of for KDC and their top tenant. Although there are no expected issues in the near future, the nature for most of the retail investors is that usually we may only be updated of any business happenings in the news or when the company decide to halt the trading of their share price. By that time, usually it is already considered too late even if we are subscribed to the newsletter. Investors should therefore pre-emptively take note of their...
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By ViresInSolitudine
I am an ex-auditor. I tend to adopt a more skeptical view and downplay what Companies like to project themselves as.
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