Hopefully, she will rise up to test 4.20 than 4.40.
Pls dyodd.
Ocbc has a TP of 4.80.
Quote:
Ada Lim of OCBC Group Research has maintained her "buy" call on Parkway Life REIT but with a slightly trimmed fair value of $4.80 from $4.82.
Gross Revenue for 1Q 2026 decline by 2.1% to 38.2m mainly due to JPY FX depreciation and lower rental income from the Japan portfolio due to tenant exit affecting five Japan nursing home properties, partially offset by contributions from the Singapore properties.
Higher distributable income largely attributed to Singapore hospitals following the cessation of the three-year rent rebates and the rent review formula kicked in1.
DPU is up 5% to 4.44 cents.
As the REIT has hedged the net income from Japan, the drop in revenue
...ParkwayLife Reit - She will be releasing her 1st Half results in early August, estimating dividend of 8 cents and above as 1st quarter dpu of 4.44 cents plus recent divestment gains likely lift the dividend payout higher.
