28 Oct '11, 11pm

Quick Take on HPH Trust: Analysts touting 9% yield

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 jeopardy. He estimate that it may be 34 HK cents and 45 HK cents instead. CITI Analyst thinks HPH relatively expensive at 20 times earnings versus Cosco Pacific and China Merchant International Holdings. Analyst have indicated that the problem for HPH is that volume and export slowdown cannot be anticipated easily. Several trustee manager believe that the stock price have factor in a lot of the bad news...

Full article: http://www.investmentmoats.com/money-management/dividend-...

Tweets

Priceless pirouette: "Gaddafi was not a friend ...

channelnewsasia.com 28 Oct '11, 7am

BEIJING: China has described the death of Muammar Gaddafi as the turning of a new page in Libya, and called for the rapid ...

Best of 2011 Quick 18's: In 2011, went round af...

lpga.com 01 Nov '11, 4pm

In 2011, LPGA.com went round after round with Quick 18 questions for many of the world's top female golfers. The features ...

In Google We Trust (Your Identity)

searchenginewatch.com 30 Oct '11, 1pm

These agencies then will be given Trustmarks, along with accredited third party recipients. A Trustmark is “a badge, seal,...