I decide to find a home to park some of my cash and have chosen Fraser Centrepoint Trust. The reason being:
- Resilient Suburban Malls in town center of densely populated Singapore Estate that is in limited supply
- Forward DPU of greater than 11 cents for a 6% yield
- Good Management
By no means is it cheap after under going the recent correction. If I believe my capital is under threat with something that I have not foresee I would likely pare down, so don’t follow blindly.
I came out with the following slides to be clear about my thesis. I will keep updating the slides if I find more thoughts on the subject.
It talks about
- Key Investment Objectives
- Business (Strength, Weakness, Threats and Opportunities)
- Valuation
- Risk Management
Would well come inputs from tenants and shoppers alike ......
