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Keppel DC Reit
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Joelton
Supreme |
24-Jul-2026 09:37
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Keppel DC Reit prepares Singapore data centre for potential redevelopment H1 DPU up 11.3% [SINGAPORE] Keppel DC Reit : AJBU -1.71% plans to gradually vacate its Keppel DC Singapore 1 (KDC SGP 1) data centre for a potential redevelopment, said its management on Thursday (Jul 23). &ldquo For the KDC SGP 1, we are making preparations for a potential redevelopment of the asset,&rdquo said Loh Hwee Long, CEO of Keppel DC Real estate investment trust (Reit) during an earnings call. It is a six-storey data centre co-location facility located in the Serangoon North Industrial Estate, with a total gross floor area of 225,956 square feet. The property was originally built in the 1990s, and converted into a data centre in 2001. It subsequently completed major retrofitting works in 2013 to further upgrade data centre specifications. The occupancy rate of KDC SGP 1 for H1 2026 stood at 46.5 per cent, against the portfolio occupancy rate of 92.5 per cent. It is currently occupied by 15 clients, and has an attributable gross revenue of S$16.5 million. Weighted average lease expiry (Wale) of the data centre stood at 1.1 years, and the land title expires on September 2055. &ldquo From that standpoint, there will be a calibrated ramping down process,&rdquo he said. This strategy to potentially redevelop the data centre comes as the company is seeing sustained growth in demand for data centres in its portfolio, particularly from tech hyperscalers. &ldquo Hyperscalers remain a key focus for us, given their strong credit profiles and sustained demand for data centre capacity,&rdquo said Charmaine Cai, head of portfolio management at Keppel DC Reit. Hyperscalers accounted for half the group&rsquo s top 10 clients, with the top unnamed client being a hyperscaler contributing 43.5 per cent of the portfolio&rsquo s rental income. Growth was further driven by contributions from positive reversions and escalations secured in prior periods, as well as acquisitions of Tokyo Data Centre 3 and remaining interests in Keppel DC SGP 3 and 4, the manager said. &ldquo The acquisition of two high-quality, AI-ready hyperscale data centres in Singapore will strengthen Keppel DC Reit&rsquo s position as a top data-centre owner in the region,&rdquo said OCBC analyst Andy Wong. Portfolio reversion for H1 2026 stood at about 10 per cent, reflecting renewals that commenced during the period. Moreover, the manager&rsquo s Gore Hill data centre in the Gore Hill Technology Park in Sydney, Australia, secured new and renewal contracts in Q2 2026 at a &ldquo strong rate&rdquo , noted Keppel DC Reit. &ldquo We expect to see income from the (Gore Hill data centre) asset to double from end-2026, with further upside as leasing progresses,&rdquo Cai said. The increase in demand, underpinned by organic drivers and acquisition, has resulted in the group delivering stronger earnings, said Loh. H1 results The distribution per unit of Keppel DC Reit rose 11.3 per cent to S$0.05714 for its first half ended Jun 30, 2026, from S$0.05133 the year before. Revenue was up 14.5 per cent at S$242 million, from S$211.3 million in the year-ago period. Net property income for H1 grew 15.1 per cent to S$210.4 million from S$182.8 million. Distributable income rose 18.5 per cent year on year to S$150.7 million from S$127.1 million. On the capital management front, the Reit&rsquo s aggregate leverage was 34 per cent as at Jun 30, with a debt headroom of about S$673 million to a 40 per cent threshold. The average cost of debt was 2.6 per cent for H1, while its interest coverage ratio remained &ldquo healthy at 6.9 times&rdquo . The distribution will be paid out on Sep 18. Despite the positive earnings, portfolio occupancy slid to 92.5 per cent, down from 95.6 per cent in Q1 2026. As at Jun 30, portfolio occupancy stood at 92.5 per cent, reflecting a contract expiry at its Cardiff data centre. Loh noted that the data centre in Wales is a small asset and contributes less than 0.5 per cent of Keppel DC Reit&rsquo s portfolio. Excluding it, portfolio occupancy stands at 95.3 per cent. Dale Lai, analyst at DBS, said earnings momentum should remain positive, supported by:
Analysts across the board maintained their &ldquo buy&rdquo call, with DBS setting a target price of S$2.60, which is under review. OCBC&rsquo s target was S$2.86 and Citi&rsquo s was S$2.69. As at 4.20 pm on Thursday, units of the Reit fell S$0.04 or 1.7 per cent to S$2.30. |
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Joelton
Supreme |
24-Jul-2026 09:35
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Contracted power capacity, rental reversions, fees in units discussed during KDC REIT&rsquo s briefing on July 23 A few interesting points emerged during Keppel DC (KDC) REIT&rsquo s1HFY2026 results briefing. For the first time, the REIT manager is disclosing the portfolio&rsquo s contracted power capacity, and the manager has also disclosed more details on the way it looks at rental reversions. &ldquo We are also disclosing contracted power capacity for the first time, which stands at about 95%. This means that about 95% of our power capacity is revenue generating, as revenue is more closely tied to contracted power capacity than net lettable area. We believe this provides a more meaningful measure of utilisation than traditional occupancy metrics,&rdquo say Loh Hwee Long, CEO of KDC REIT&rsquo s manager. Based on net lettable area, KDC REIT&rsquo s portfolio occupancy was 92.5% (down from 95.6% a quarter ago) which reflected the contract expiry at its Cardiff data centre. Excluding Cardiff, occupancy would have been 95.3%. The revenue-generating portion of the contracted power capacity is 95%. Loh says contracted power capacity was stable across 1Q and 2Q. Around three-quarters of KDC REIT&rsquo s portfolio (by assets) comprises colocation data centres, mainly in Singapore and Dublin. &ldquo Colocation data centres will have relatively lower occupancy by contracted power capacity compared to the master leases because master leases take up 100% of the data centre,&rdquo Loh says. Colocation leases are also shorter which Loh sees as a plus because that allows the REIT manager to &ldquo drive very meaningful organic growth compared to pure master leases&rdquo . The portfolio is of a high quality with multiple growth levers, Loh adds. Part of the strategy is to use colocation assets to drive organic growth. On the other hand, power intensification requires permission from various authorities. &ldquo We continue to proactively optimise the portfolio through leveraging our significant co-location exposure to drive organic growth, evaluate asset repositioning, power intensification, redevelopment, or capital recycling opportunities, as well as collective acquisitions of high-quality data centres that meet hyperscalers requirements. Around three quarters of our portfolio comprises colocation contracts, which give us the ability to capture organic upside as contracts are renewed over time. &ldquo Our contract expiry profile is also well spread, with only a small portion of contracts deal in the near term. These near-term expiries are largely smaller contracts that are close to current market rates. The majority of our income extends into the medium to long term, providing stable cash flows. We have built a diversified client base, anchored by hyperscalers. In line with our strategy, hyperscalers remain a key focus for us, given their strong credit profiles and sustained demand for data centre capacity,&rdquo Loh said in prepared remarks. The portfolio&rsquo s rental reversion in 1H2026 was 10% but it was only 5% in 2Q2026. The reversion excluded the new contracts at Gore Hill in Australia. Loh says the income from Gore Hill will more than double from end-2026 onwards and will be part of the rental reversions in 3QFY2026. When asked whether in-place rents are near market rents, Loh says only a small number of contracts due in the near term are close to market rates. The more impactful rental reversion numbers are likely to materialise in 2027 to 2028. However, in 2027, KDC REIT is likely to close KDC SGP1 for redevelopment, implying a loss of rental income. KDC SGP1 contributed revenue of $16.5 million in FY2025 to total revenue of $441 million. Meanwhile, the REIT is insulated from power cost volatility as electricity cost is recoverable from tenants. Jefferies says KDC REIT&rsquo s DPU beat forecasts, coming in at 52% of its and consensus full-year DPU forecasts. This was due to higher fees being paid in units and lower tax expenses which are likely to be repeated in the second half. Questions swirled around the higher portion of management fees being paid in units. CFO Adam Lee said the proportion of fees in units increased over the last two years, &ldquo as the manager has elected the management fees to be received in units for the newly acquired assets, aligning the manager' s interest with that of the unitholders. The fees in units in 1H2026 increased from the acquisition of Tokyo DC3 as well as the remaining stakes acquired in KDC SGP 3 and 5.&rdquo On the flip side, the messaging on the data centres in Guangdong is that they are still a work-in-progress. OCBC Securities Research says there are ongoing concerns over the credit profile of its master lessee at its Guangdong data centres following rental arrears and sluggish recovery progress. &ldquo We believe there are signs that the situation has bottomed out,&rdquo OCBC says. In addition, the acquisition of KDC SGP 7& 8 strengthened KDC REIT&rsquo s portfolio and reduced its exposure to the Guangdong data centres from a portfolio perspective. The other surprise was cost of debt guidance of 2.6% to 2.8%. Average cost of debt rose 10bps q-o-q due to SGD hedging costs at the end of March. Aggregate leverage remains low at 34% as at June 30, with debt headroom of $673 million before aggregate leverage hits 40% should an acquisition opportunity emerge. When asked which markets he would want to acquire in, Loh describes the market as one with " high barriers to entry with power constraints, difficulty in terms of construction resources to be able to deliver new projects but at the same time demonstrate strong demand profile" . There is one market that fits the description - Singapore. The city-state is also a financial, fintech, air, sea and wealth hub, and the landing point of 35 subsea cables including trans-Pacific subsea cables. Keppel is developing KDC SGP 9 which is a pipeline asset for KDC REIT. In the meantime, the REIT has to grapple with lower rental reversion expectations, marginally higher average cost of debt, the loss of income from KDC SGP 1 and continued headwinds from China. |
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Plantoretire
Member |
23-Jul-2026 21:57
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Yield spread and iran war suppressing the price.
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halleluyah
Supreme |
23-Jul-2026 19:16
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aredi up ahead of results whereas most reits still at bottom....
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pnuklis
Master |
23-Jul-2026 18:29
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But still no movement in share price? What does this mean? Market has discarded the results!!! | ||||
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PiRPiR
Master |
23-Jul-2026 10:52
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10:43 PM EDT, 07/22/2026 (MT Newswires) -- Keppel DC REIT's (SGX:AJBU) distribution per unit, or DPU, was up 11.3% during the first half of the year to SG$0.0571 from SG$0.0513 a year earlier, according to a Thursday filing with the Singapore Exchange.
Distributable income rose 18.5% to SG$150.7 million from SG$127.1 million a year earlier. Net property income rose 15.1% to SG$210.4 million in the first six months ended June 30, from SG$182.8 million a year ago. Gross revenue during the January to June period also climbed 14.5% year-on-year to SG$242.0 million from SG$211.3 million. Portfolio occupancy stood at 92.5% as at June 30. |
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spursfan
Supreme |
23-Jul-2026 09:28
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Joelton
Supreme |
23-Jul-2026 09:15
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Keppel DC REIT' s 1HFY2026 DPU rises by 11.3% y-o-y Keppel DC REIT&rsquo s distributions per unit (DPU) rose by 11.3% y-o-y to 5.714 cents in 1HFY2026. In the same period, distributable income rose 18.5% y-o-y to $150.7 million. The annualised DPU yield based on KDC REIT&rsquo s closing price of $2.34 on July 21 is 4.88%. Growth was driven by contributions from the positive reversions and escalations secured in prior periods, as well as acquisitions of Tokyo Data Centre 3 and remaining interests in Keppel DC Singapore 3 & 4. This was partially offset by higher finance costs and the absence of income following the divestment of Kelsterbach Data Centre. As at June 30, portfolio occupancy was 92.5%, reflecting the contract expiry at Cardiff Data Centre. Approximately 95% of the portfolio&rsquo s power capacity was contracted. Contract renewals in Singapore and Australia extended portfolio WALE to 6.7 years. Portfolio reversion for 1H2026 was approximately 10%. The manager has secured new and renewal contracts at Gore Hill Data Centre at strong rates, which will contribute from 2H2026 onwards. The focus is on quality clients and enhancing long-term portfolio resilience. Proactive portfolio optimisation efforts are also underway, including evaluating asset repositioning, power intensification and redevelopment initiatives, capital recycling, and strategic acquisitions of high-quality data centres that can meet hyperscaler requirements. As at June 30 aggregate leverage was 34.0%, with debt headroom of approximately $673 million to a 40% threshold. Average cost of debt was 2.6% for 1H2026 and 2.7% for 2Q2026, supported by lower floating rates and lower-cost debt used to fund the acquisition of Tokyo Data Centre 3. Total borrowings stood at $2.3 billion, with 87.0% fixed, limiting near-term rate sensitivity. Interest rate coverage ratio remains healthy at 6.9 times. To mitigate foreign currency risks, the REIT maintained a natural hedge of approximately 67% for overseas investments by aligning debt with underlying cash flows and has also substantially hedged its forecast foreign-sourced distributions through 1H2027. |
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spursfan
Supreme |
23-Jul-2026 07:51
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1H 2026 results https://links.sgx.com/1.0.0/corporate-announcements/ZGSXXVFKWJ2NI7XG/897082_KDCR%201H%202026%20Financial%20Highlights_MREL.pdf |
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Joelton
Supreme |
08-Jul-2026 11:29
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Keppel DC REIT is JP Morgan&rsquo s preferred data centre play in Singapore In a report dated July 7, JP Morgan points out that Singapore ranks among the most expensive data centre markets globally, with rents at US$330 to US$475 per kw per month. These rents are double those of developed markets such as Sydney and Northern Virginia. In addition, construction costs of around US$12 million/MW are also the highest in Apac. On the other hand, JP Morgan says that near-full occupancy and firm reversions signal a structurally tight market. Singapore&rsquo s proposed Digital Infrastructure Act extends its power usage effectiveness (PUE) requirements of 1.25 to 1.3 as a structural catalyst. Despite the high costs, Singapore remains the region&rsquo s premium data centre hub, optimising scarce land and power resources. &ldquo Malaysia is emerging as the preferred destination for incremental hyperscale and AI capacity, supported by lower development costs of US$7 million per MW according to Cushman & Wakefield estimates, faster execution and improving renewable energy access,&rdquo JP Morgan says, adding that &ldquo Singapore optimises every MW Malaysia captures the next MW&rdquo . In Singapore, JP Morgan&rsquo s preferred data centre exposure is Keppel DC REIT. &ldquo We believe redevelopment of older assets, such as KDCREIT&rsquo s SGP 1, can offer attractive 7% to 8% ROI,&rdquo JP Morgan says. Malaysia is emerging as a more complete deployment platform, the report says. Malaysia&rsquo s structured Tenaga Nasional-led grid framework and Green Lane Pathway enable faster energisation timelines of 3 years vs Thailand&rsquo s up to 4 years, while reducing execution uncertainty through a single-utility interface. With the Corporate Renewable Energy Supply Scheme (CRESS) enabling renewable energy access and the Digital Ecosystem Acceleration (DESAC) improving project economics through investment tax allowances of 60-100% of qualifying capex or preferential tax rates, offsettable against statutory income for up to 10 years, Malaysia is increasingly positioned as the preferred regional platform for hyperscale and AI capacity expansion, JP Morgan says. In Malaysia JP Morgan&rsquo s preferred exposure is Southern Cables Group (SCGB). |
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Joelton
Supreme |
15-May-2026 11:10
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Keppel DC REIT' s DPU could rise by as much as 5% from AEI of SGP1 says JP Morgan During Keppel DC REIT&rsquo s 1QFY2026 results announcement, the manager articulated that it is considering a " transformational" AEI for KDC SPG 1, a data centre with just 53% occupancy by net lettable area (NLA). In a report dated May 11, JP Morgan says that KDC SGP 1 is the only asset owned by Keppel DC REIT in Singapore that is without a full Green Mark certification suggesting that its PUE of 1.25 or power usage effectiveness has failed to meet the minimum standard for certification. &ldquo The potential transformational AEI at SGP 1 would be best realised through redevelopment into a new data centre. Redevelopment targeting a PUE of 1.25, in line with DC-CFA2 requirements, would yield efficiency gains of 36-52%, assuming an existing PUE of 1.7-1.9,&rdquo JP Morgan says in its report. Data Centre &ndash Call for Application (DC-CFA) is a Singapore government initiative (led by EDB and IMDA) to facilitate new, sustainable data centre capacity. DC-CFA2 (announced Dec 2025, closing March 31), requires a data centre to have 50% green energy and " best-in-class" energy efficiency with a PUE of at least 1.3. &ldquo Additional upside could come from Singapore&rsquo s Green Data Centre Roadmap capacity expansion and income/valuation uplift, while addressing potential mandatory PUE requirements under the proposed Digital Infrastructure Act,&rdquo JP Morgan suggests. An AEI that delivers higher PUE would add between 2.9% to 5% more to distributions per unit (DPU) by FY2028, JP Morgan estimates, underpinned by a 114%-173% uplift in net property income (NPI) on redevelopment costs of $251 million to $320 million, based on 11-14MW of capacity and an ROI of 6.8%-8.1%. &ldquo If KDCREIT secures 15% additional power, the accretion will rise to 4.1% to 6.5%,&rdquo JP Morgan further estimates. During the interim, JP Morgan believes that the income loss from SGP 1 which contributed $16.5 million in gross rental income (GRI) in FY2025 compared to total GRI of $441.36 could be offset by raising the amount of management fees in units to 55% from 27%. KDC SGP 1&rsquo s performance has lagged the REIT' s other Singapore assets. &ldquo We believe KDC SGP 1&rsquo s redevelopment will help close the gap. The proposed redevelopment is comfortably within KDCREIT' s 10% development limit relative to its $6.3 billion portfolio. While management may consider divesting a stake to de-risk execution, we believe KDCREIT should pursue the redevelopment on its own balance sheet, given tight occupancies and elevated Singapore data centre demand,&rdquo JP Morgan says. The US bank has an overweight rating for Keppel DC REIT it has raised its end-June 2027 target to $2.60 from $2.55 previously and has also raised DPU for 2026 and 2027 by 5.8% and 5% respectively due to lower interest costs and higher Singapore income from reversions and acquisitions. |
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Joelton
Supreme |
15-May-2026 11:10
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Keppel DC REIT' s DPU could rise by as much as 5% from AEI of SGP1 says JP Morgan During Keppel DC REIT&rsquo s 1QFY2026 results announcement, the manager articulated that it is considering a " transformational" AEI for KDC SPG 1, a data centre with just 53% occupancy by net lettable area (NLA). In a report dated May 11, JP Morgan says that KDC SGP 1 is the only asset owned by Keppel DC REIT in Singapore that is without a full Green Mark certification suggesting that its PUE of 1.25 or power usage effectiveness has failed to meet the minimum standard for certification. &ldquo The potential transformational AEI at SGP 1 would be best realised through redevelopment into a new data centre. Redevelopment targeting a PUE of 1.25, in line with DC-CFA2 requirements, would yield efficiency gains of 36-52%, assuming an existing PUE of 1.7-1.9,&rdquo JP Morgan says in its report. Data Centre &ndash Call for Application (DC-CFA) is a Singapore government initiative (led by EDB and IMDA) to facilitate new, sustainable data centre capacity. DC-CFA2 (announced Dec 2025, closing March 31), requires a data centre to have 50% green energy and " best-in-class" energy efficiency with a PUE of at least 1.3. &ldquo Additional upside could come from Singapore&rsquo s Green Data Centre Roadmap capacity expansion and income/valuation uplift, while addressing potential mandatory PUE requirements under the proposed Digital Infrastructure Act,&rdquo JP Morgan suggests. An AEI that delivers higher PUE would add between 2.9% to 5% more to distributions per unit (DPU) by FY2028, JP Morgan estimates, underpinned by a 114%-173% uplift in net property income (NPI) on redevelopment costs of $251 million to $320 million, based on 11-14MW of capacity and an ROI of 6.8%-8.1%. &ldquo If KDCREIT secures 15% additional power, the accretion will rise to 4.1% to 6.5%,&rdquo JP Morgan further estimates. During the interim, JP Morgan believes that the income loss from SGP 1 which contributed $16.5 million in gross rental income (GRI) in FY2025 compared to total GRI of $441.36 could be offset by raising the amount of management fees in units to 55% from 27%. KDC SGP 1&rsquo s performance has lagged the REIT' s other Singapore assets. &ldquo We believe KDC SGP 1&rsquo s redevelopment will help close the gap. The proposed redevelopment is comfortably within KDCREIT' s 10% development limit relative to its $6.3 billion portfolio. While management may consider divesting a stake to de-risk execution, we believe KDCREIT should pursue the redevelopment on its own balance sheet, given tight occupancies and elevated Singapore data centre demand,&rdquo JP Morgan says. The US bank has an overweight rating for Keppel DC REIT it has raised its end-June 2027 target to $2.60 from $2.55 previously and has also raised DPU for 2026 and 2027 by 5.8% and 5% respectively due to lower interest costs and higher Singapore income from reversions and acquisitions. |
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PiRPiR
Master |
11-May-2026 12:18
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11:39 PM EDT, 05/10/2026 (MT Newswires) -- Keppel DC REIT's (SGX:AJBU) data center in the Netherlands, Almere Data Centre, caught fire on May 7, according to a Friday filing with the Singapore Exchange.
Shares of the REIT were down over 1% in Monday trading. The incident took place in the technical room, with the facility's single tenant confirming that there were no injuries. The master tenant is currently assessing the damage caused by the incident, the filing added. |
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Joelton
Supreme |
17-Apr-2026 11:08
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Keppel DC Reit posts 13.2% higher Q1 DPU of S$0.02833 on strong portfolio performance Distributable income is up 20.7% at S$74.6 million [SINGAPORE] Keppel DC Real Estate Investment Trust (Reit) on Thursday (Apr 16) posted a distribution per unit (DPU) of S$0.02833 for its first quarter, up 13.2 per cent from S$0.02503 in the previous corresponding period. Distributable income for the period stood at S$74.6 million, a 20.7 per cent rise year on year from S$61.8 million. This came on the back of strong portfolio performance, said the manager of the Reit, and contributions from its acquisition of Tokyo Data Centre 3 and remaining interests in Keppel DC Singapore 3 and 4. Net property income rose 19.4 per cent to S$105.2 million for Q1, from S$88.1 million in the year-ago period. The manager said this increase was due to higher contributions from contract renewals and escalations, as well as the Tokyo Data Centre 3 acquisition, though partially offset by the divestment of Kelsterbach Data Centre in Frankfurt, Germany. Revenue for the period was up 18.4 per cent on the year at S$121 million, from S$102.2 million. Portfolio occupancy stood at 95.6 per cent, with a reversion of about 51 per cent. Its portfolio weighted average lease expiry was 6.5 years. As at Mar 31, gearing stood at 35.1 per cent, with the average cost of debt at 2.6 per cent. The interest coverage ratio fell to 7.2 times, due to higher finance costs associated with increased loans drawn in the fourth quarter of FY2025. Finance costs for the quarter were recorded at S$15.1 million, up 20.8 per cent year on year from S$12.5 million. The manager of Keppel DC Reit said data centre demand remains supported by structural drivers, even as the Middle East conflict drives higher energy prices and inflation risks. &ldquo Operators are using asset recycling, including sale and leasebacks and minority-stake sales, to unlock capital for expansion,&rdquo it said. &ldquo These shifts underscore the increasing institutionalisation of the data centre asset class and the need for flexible capital to meet artificial intelligence-driven demand.&rdquo Units of Keppel DC Reit : AJBU +2.15% ended 0.4 per cent or S$0.01 lower at S$2.33 on Wednesday. |
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PiRPiR
Master |
16-Apr-2026 18:12
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10:31 PM EDT, 04/15/2026 (MT Newswires) -- Keppel DC REIT's (SGX:AJBU) distribution per unit or DPU jumped 13% during the first quarter of 2026 to SG$0.02833 from SG$0.02503 a year earlier, according to a Thursday filing with the Singapore Exchange.
Distributable income rose 21% to SG$74.6 million from SG$61.8 million. Net property income climbed 19% to SG$105.2 million from SG$88.1 million in the year-ago period. Gross revenue zoomed 18% year over year to SG$121.0 million from SG$102.2 million, following higher contributions from contract renewals and escalations. Meanwhile, the REIT booked a portfolio occupancy of 95.6% during the period. Shares of the REIT were up |
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spursfan
Supreme |
16-Apr-2026 09:16
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https://links.sgx.com/1.0.0/corporate-announcements/IYA59O0VENIFK9JR/884296_KDCR%201Q%202026%20Operational%20Updates.pdf |
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JurongW
Elite |
27-Mar-2026 17:30
Yells: "Earnings give weight, Chart give wings" |
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JurongW
Elite |
24-Mar-2026 17:24
Yells: "Earnings give weight, Chart give wings" |
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Blackrock becomes substantial shareholder. Purchase 626,000 shares at $2.31 on 20 Mar https://links.sgx.com/1.0.0/corporate-announcements/I358VKZE3056UHDX/880212__Keppel%20DC%20Reit%2003.20.2026%20Form%203_final.pdf |
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beng1102
Elite |
30-Jan-2026 19:33
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I am waiting for end of profit taking to load up more. The short seller has been capitalized on fear of dilution and shorted heavily. That has proven to be unfounded. We can expect short coveing to push the share price strongly soon.
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PiRPiR
Master |
30-Jan-2026 14:20
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https://bt.sg/MB5R | ||||
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