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SGRatRacer

Boring low risk investment

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SGRatRacer

05-14

I previously wrote a TP of 2.03 by July, it came earlier than expected. At the time of previous post, price was obviously too optimistic at 2.18, the excitement died off. Now it time for re-entry and accumulate. Happy to hear what you think :)$CapLand IntCom T(C38U.SI)$ $LION-PHILLIP S-REIT(CLR.SI)$

@SGRatRacer:$CapLand IntCom T(C38U.SI)$ Is CICT Overpriced at This Stage? Let’s Break It Down! 1️⃣ 1Q Results – A Mixed Bag • Like-for-like NPI saw an uptick, which is good news! • However, overall NPI declined 0.8% YoY, signaling some underlying weakness. • The divestment of 21 Collyer Quay is expected to drag down DPU in the coming quarters. 2️⃣ NAV Snapshot • Last reported NAV: S$2.09 • Based on 1H25 projections, assuming DPU = 5.44 cents (50% of FY24) 3️⃣ Valuation Check • Calculated fair value = NAV + 1Q25 accumulated DPU (2.72 cents) • That gives us: S$2.1172/share • Note: This estimate does not factor in any market discount — something to keep in mind! 4️⃣ My Target Price • TP: S$2.03 • Target timeframe: B

SGRatRacer

05-08

$CapLand IntCom T(C38U.SI)$ massive sell on Fed decision to pause cut. Excitement for REIT lower debt cost should subside.

SGRatRacer

05-07

The govt finally gave mkt what it deserves

China Cuts Key Rate, Reserve Ratio to Aid Economy Hit by Tariffs

SGRatRacer

05-07

This is huge

China Cuts Key Rate, Reserve Ratio to Aid Economy Hit by Tariffs

SGRatRacer

05-05

‌$CapLand IntCom T(C38U)$ ‌Sold its share of Service residence at Capitalspring for $126mn. To receive est $37.8mn from the sale which will reduce it leverage by 0.3% to appx 38.4% if net proceeds were fully used to repay existing debt. The sale is not expected to have material impact to NAV and DPU for FY25.

SGRatRacer

04-30

$CapLand IntCom T(C38U.SI)$ Is CICT Overpriced at This Stage? Let’s Break It Down! 1️⃣ 1Q Results – A Mixed Bag • Like-for-like NPI saw an uptick, which is good news! • However, overall NPI declined 0.8% YoY, signaling some underlying weakness. • The divestment of 21 Collyer Quay is expected to drag down DPU in the coming quarters. 2️⃣ NAV Snapshot • Last reported NAV: S$2.09 • Based on 1H25 projections, assuming DPU = 5.44 cents (50% of FY24) 3️⃣ Valuation Check • Calculated fair value = NAV + 1Q25 accumulated DPU (2.72 cents) • That gives us: S$2.1172/share • Note: This estimate does not factor in any market discount — something to keep in mind! 4️⃣ My Target Price • TP: S$2.03 • Target timeframe: B

SGRatRacer

04-23

$Grab Holdings(GRAB)$ waiting to break $5

SGRatRacer

2024-10-03

$Li Auto(LI)$ Can the recovery sustain? Li Auto is a key player in China’s rapidly growing electric vehicle (EV) market. With its focus on extended-range EVs (EREVs), the company offers a unique solution for consumers seeking longer driving range, positioning it well for market share growth. Business Model Li Auto designs, manufactures, and sells EREVs, generating revenue primarily through vehicle sales. The company has also developed an integrated ecosystem that includes software, autonomous driving, and after-sales services, driving recurring revenue streams. Growth Drivers 1. Expanding EV Market in China – China’s regulatory push for EV adoption offers a long runway for growth. 2. New Model Launches – Li Auto’s upcoming launches, i

SGRatRacer

2024-08-07

$CapLand IntCom T(C38U.SI)$

SGRatRacer

2023-10-08

$CapLand IntCom T(C38U.SI)$

SGRatRacer

2023-08-17

SGRatRacer

2023-07-13

$CapLand IntCom T(C38U.SI)$ exciting at 2.06

SGRatRacer