Sentral REIT's 3Q24 Core Profit Of RM21 Million Prompted BUY Call From Analysts
Sentral REIT's 3Q24 Core Profit Of RM21 Million Prompted BUY Call From Analysts
As such, Maybank IB has raised its FY24E net profit forecasts by 4%, following a revision in operating expenses with an unchanged TP of 89 sen.
Both Maybank Investment Bank Bhd (Maybank IB) and RHB Investment Bank Bhd (RHB Research) have maintained a BUY recommendation for Sentral REIT, with a target price (TP) of between 89 sen and 91 sen.
马来亚银行投资银行有限公司（Maybank IB）和印度卢比投资银行有限公司（RhB Research）都维持了对中央房地产投资信托基金的买入建议，目标价格（TP）在89仙至91仙之间。
The BUY recommendation from Maybank IB is based on Sentral REIT's third quarter of 2024 (3Q24) net profit of RM20.5 million that met expectations while RHB Research's positive sentiment resulted from the REIT's dividend yield of around 9% for FY25F and stable earnings outlook.
马来亚银行的买入建议基于中央房地产投资信托基金2024年第三季度（24年第三季度）的2050万令吉净利润，符合预期，而RhB Research的乐观情绪源于房地产投资信托基金的 FY25F 股息收益率约为9％，盈利前景稳定。
Maybank IB said Sentral REIT's growth in revenue was primarily attributed to the acquisition of Menara CelcomDigi in December 2023 and the new tenancy at Sentral Building 4.
马来亚银行表示，中央房地产投资信托基金收入的增长主要归因于2023年12月对Menara CelcomDigi的收购以及Sentral 4号楼的新租约。
As such, Maybank IB has raised its FY24E net profit forecasts by 4%, following a revision in operating expenses with an unchanged TP of 89 sen.
因此，Maybank Ib已将其FY24E 净利润预期上调了4％，此前对运营费用进行了修正，目标为89仙不变。
Meanwhile, RHB Research said the decrease in tenancy at Menara Shell gives Sentral REIT a more secure outlook, despite the slight dip in occupancy from 89% in December 2023 to 84% in June 2024.
同时，RhB Research表示，尽管入住率从2023年12月的89％略有下降至2024年6月的84％，但梅纳拉壳牌租金的减少使中环房地产投资信托基金的前景更加安全。
Moving forward, analysts expect Sentral REIT to explore potential opportunistic divestments and acquisitions, which could further enhance its portfolio.
展望未来，分析师预计，Sentral REIT将探索潜在的机会性撤资和收购，这可能会进一步增强其投资组合。
Additionally, the potential disposal of Wisma Sentral Inai, a vacant asset, remains a key re-rating catalyst. If sold, the proceeds could be used to reduce borrowings, potentially improving earnings by up to 8% and reducing gearing, which would open up opportunities for new acquisitions.
此外，对空置资产Wisma Sentral Inai的潜在处置仍然是重组评级的关键催化剂。如果出售，所得款项可用于减少借款，有可能将收益提高多达8％，并减少资产负债率，这将为新的收购开辟机会。