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Journey To Retirement Part 16.1 — Frasers Centrepoint Trust
By ccloh Strategic Investor Zone  •  July 6, 2019
On 16th May 2019, Frasers Centrepoint Trust made an announcement on acquisition of a 33.33% interest in Waterway Point and equity fund rising (private placement and preferential offering) of no less than approximately S$421.7 million to be used in the acquisition.  The private placement price was S$2.382/unit and preferential offering which retail investors get to involve was S$2.35/unit.

Like what was mentioned in Journey To Retirement Part 16 -- Frasers Centrepoint Trust, one of the potential upside for the stock is acquisition of Waterway Point and three years after that the objective has been met.

When I first invested in 2016 at a price of $1.80 (the lowest price level since 2016, which months later strategically became $1.6314), the reason for me willing to invest rather than wait for the next recession was none other than Waterway Point.  I was and still am in a very good position to see the benefit

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By ccloh Strategic Investor Zone
Am a typical retail investor who started investing in stock market in 1993, the same length of period as SingTel was listed in SGX and ironically SingTel was my first vested stock. Back then was a passive investor and started to turn more active in stock market in 2006. A year later when I switched my engineering job to a finance related one, I became what commonly known as trader ( trade for living ) and at the same time also strongly believe in fundamental/value investing that is the way to growth wealth. In a way I classify myself as a "Strategic Investor". As a trader, I track market movement daily and as an value investor, I am always on the lookout for cheap bargain to hold for long term.
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