The last time I went to update about FCT was back in April when news were coming out that they were going to acquire Changi City Point. How time has flied since then. Fct of course has remained my major stake in the portfolio.
FCT has just announced their full year results on Thursday and DPU has once again hit record high with 11.187 cents. As an investor vested in the stock, I am happy to know that their bottomline will go right into my pocket in the mean of dividends.
So the question now, what is next for FCT?
Being curious, I went to do a projection for its FY2015 DPU based on the latest information provided.
First, the occupancy seem to stabilize at a pretty high rate for all the malls, including the worrying Bedok Point. The problem with Bedok Point is it appears the management ...
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