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Added: Frasers Centrepoint Trust
By CompoundingDividendxDividend  •  October 9, 2020
Bought 30,000 Frasers Centrepoint Trust (FCT) shares at $2.34 on 8 Oct. Reasons for buying: 1) King of Suburban retail mall 2) DPU Accretive 3) Buy price $2.34 lower than Private Placement price of $2.35 4) $4.7m save on tax = More Income available for distribution 5) Membership is a volume game 6) Tenant Sales almost back to Pre-COVID level 7) Potential higher tenants sales = Higher rental reversion due to last-mile requirement...
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By CompoundingDividendxDividend
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