Closed well at 4.16, likely to rise up to test 4.21 and above.
Pls dyodd.
11 July 2026:
She is climbing up nicely and closed well at 4.15, looks rather bullish!
She may rise up to test 4.21.
A nice breakout smoothly plus good volume we may see her rising up further towards 4.40 and above.
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.
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
...ParkwayLife Reit - Hosey.