Latest Forum Topics / Frasers Cpt Tr Last:2.3 -0.01 | Post Reply |
Is this out dated?? FrasersCT seems going strong
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tiderush
Member |
07-Aug-2007 12:22
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H-reit has seen posting stronger than expected profits... am sure FCT will benefit greatly from this! good long term prospect:) Fair value by citi-2.07... |
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ghlau935
Veteran |
25-Jul-2007 08:56
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Frasers Centrepoint Trust: 3Q beats forecasts Summary: Frasers Centrepoint Trust?s (FCT) posted 3Q07 revenue of S$18.9m, up 4.0% YoY, with distributable income of S$10.3m and DPU of 1.67 cents. Distributable income came in higher than FCT?s own forecast by about S$1.2m and this was attributed to higher Other Revenue and Income support from its sponsors due to the renovation works at Anchorpoint. The results beat our estimates by about 5%. Over the last quarter, FCT had acquired a 27% stake in Hektar REIT (H-REIT), a Malaysian retail REIT, for S$46.6m as well as a 40% stake in the manager, Hektar Asset Management Sdn Bhd. This acquisition is likely to boost DPU minimally by 0.21 cents. We view these investments positively as H-REIT has good growth potential. However, until greater clarity is given on the potential accretion from this growth, we retain our present valuation of S$1.67 and HOLD rating. (Winston Liew). From OCBC. |
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evideo
Member |
19-Feb-2007 09:08
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I have been playing this counter for sometime. Just collected the small dividend as well.. it does move... it went from 1.70 - 1.91 and then went back to 1.79. Only recently it bounced from 1.77 to 1.88 before pulling back again...it is worth playing and this counter is featured by THE EDGE. |
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gadrj76
Member |
19-Feb-2007 00:48
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http://www.fraserscentrepointtrust.com/pdf/Financial_07.01_PressRelease.pdf |
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