Reseachers discovered a trove of stolen e-mail passwords and FTP credentials. – Last year, Microsoft made a
splash when it led a legal charge against Waledacs operators and gained
control of 276 domains belonging to the botnet. But Waledac does not die easily,
something
underscored recently by researchers at The Last Line of Defense, which
uncovered a trove of nearly 124…
Cache Logistics Trust (K2LU.SG) most attractive among Singapore industrial REITs given highest-in-sector 9.7% yield, lease term to expiry of more than 6 years vs industry average of 5 years, says CIMB.
Rates at Outperform, target $1.30. Adds, valuations undemanding with REIT trading near book value, while potential acquisitions in near term likely to be debt-funded, hence no dilution risk.
Features include redundant active-active controllers, persistent cache backup and hardware-assisted RAID-6. – Celeros, a provider of data storage appliances, announced the release
of the SmartSAN family of next-generation flexible multiprotocol SAN platforms.
Designed for high availability and ultra-low power consumption, the platforms
can scale to hundreds of terabytes, deliver up to 4GB-per-second th…
vCACHE combines NFS caching software from Gear6 and DRAM into Violin’s bread-and-butter NAND Flash Memory Array. – Cache-based storage specialist Violin Memory
on Nov. 16 unveiled vCACHE, a new solid-state array that company claims
contains the first multiterabyte capacity Network File System cache.
vCACHE combines patented NFS caching software from Gear6 — a bankrupt
storage company with progressive tec…
CIMB in an Oct 29 research report says: “3Q10 results met Street and our expectations. YTD DPU of 3.65 cents forms 65% of our FY2010 forecast which was expected for 169 days of operations since listing.Â
CIMB in a July 30 research report says: “Cache’s maiden results after its April listing for the period 11 Feb-30 Jun 10 exceeded our expectations. DPU of 1.71 cents (annualised DPU of 7.81 cents) forms 31% of our forecast of 5.6 cents (adjusted from 5.2 cents for alignment with the reporting period).
Cache Logistics Trust says it achieved a DPU of 1.71 cents for the 2nd quarter from 12 April 2010 to 30 June 2010 (2Q2010).
On an annualised basis, the DPU is 7.81 cents, 1.4% higher than the annualizsed forecast of 7.70 cents for 2010.
Net property income was $12.65 million while distributable income hit $10.83 million.
Today’s CPUs typically contain large amounts of on-chip cache memory, which speed up access to code and data, thereby improving overall performance and reducing power. Intel engineers are looking for ways to make these memories more dense, to either increase their capacity (for improved performance) or reduce their size (for lower manufacturing cost). Floating body cell (FBC) (PDF 371KB) is one candidate to one day replace the 6-transistor SRAM cells in use today. In two presentations at the 2010 Symposia on VLSI Technology and Circuits this week, Intel is presenting progress in developing this FBC. One paper describes the development of a 22nm FBC memory on a bulk wafer of the kind in use in high volume manufacturing today — earlier results were on much more expensive SOI (silicon on insulator) wafers. Another paper describes a procedure for selectively doping (introducing impurities) into an FBC’s back gate, without contaminating other parts of the device . quite a challenge, given its size. Further details are available here (PDF 40KB).
DBS Vickers has started Cache Logistics Trust (K2LU.SG) at Buy with S$1.05 target price, says Dow Jones.
Macquarie has started Cache Logistics Trust (K2LU.SG) at Outperform with $1.08 target price, according to Dow Jones.
CIMB in an April 12 research report says: “Cache Logistics Trust is a REIT sponsored by CWT investing in income-producing logistics assets in Asia-Pacific. Cache is likely to acquire assets from its sponsor CWT, and from C&P in the short term.
CIMB has started coverage of Cache Logistics Trust (K2LU.SG) with an “outperform” call and $1.23 target price, based on dividend discount model, which factors in $220 million worth of potential acquisitions. “We believe it is reasonable to assume acquisitions given limited scope for organic growth via asset enhancement as the (existing) buildings are relatively new,” says CIMB.
Cache Logistics Trust (K2LU.SG) heads above 88 cents IPO price on SGX debut, last at 97 cents on robust volume after opening at 99.5 cents. Logistics REIT’s 8.7% FY10 dividend yield widely regarded by investors as key investment merit.
“They may not be as reputable as Mapletree Logistics and Ascendas REIT, but they’re compensating for it with a higher yield of more than 8%,” a dealer at foreign brokerage told Dow Jones.
Cache Logistics Trust’s (K2LU.SG) FY10 dividend yield of 8.7% vs under 7% for bigger peers Ascendas REIT (A17U.SG), Mapletree Logistics Trust (M44U.SG) may bode well for units when they start trading at 2 p.m., according to Dow Jones.
Debao Property Development (K2M.SG) tanks on SGX debut, last trading at $0.405, below $0.43 IPO price. Its volume was light for a new listing, at 8.8 million shares.
“I think the fundamentals are not fantastic,“ a trader at a local brokerage told Dow Jones, noting China’s recent measures to cool economy, property market; “today’s play among traders is short Debao and long Cache Logistics.”
Singapore shares closed higher on Friday with the blue-chip Straits Times Index up 8.78 points to 2,971.97. Volume was 2.66 billion shares worth $1.44 billion. Gainers led losers 442 to 117.
US stocks rose on Friday with the Dow surpassing 11,000 for the first time in a year-and-a-half after Chevron’s upbeat outlook and wholesale inventories data reinforced bets on an improving economy.
Police in Belgium found a large cache of weapons and explosives as they searched homes of 22 Albanians suspected of committing various crimes. 12 persons were arrested during the operations, including ten suspects charged with ties with criminal organizations and illegal possession and trafficking of weapons.
