Shares & Derivatives
Frasers L&C Tr – This blue chips index reit counter is trading at an attractive yield level of 6.76 percent, gearing below 35 percent, NAV 1.17 seem like a great entry pivot point! Pls dyodd.
By Singapore Stocks Sharing  •  March 12, 2024
Frasers L&C Tr  - This blue chips index reit counter is trading at an attractive yield level of 6.76 percent,  gearing below 35 percent,  NAV 1.17 seem like a great entry pivot point! She has managed to rebound from the low of 1.00 and is now trading at 1.05 level looks rather interesting! I think likely to rise up further to test 1.10 to 1.13! Pls dyodd. Frasers L&C Tr  - 4th quarter results is out! Gross Revenue is down 0.8% to 212.8m. NpI is down 4% to 155.5m. DpU is down 6.6% to 3.52 cents, Financial costs is up 29.7% to 25m. Gearing 30.2%. Fixed Loan rate of 77.2%. Occupancy rate is 96%. Rental reversion of +18%. Full Year dpu is down 7.6% to 7.04 cents. I think the weaker sets of Results is due to high financial costs and forex exchange loss. Pls dyodd....
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By Singapore Stocks Sharing
All information is just for sharing on https://spore-share.com or https://spore-share.blogspot.com (Trade/Invest base on your own decision). Thank You! For trading, be firmed in executing your stop loss strategy. Also don’t be too eager to take profit to early. Let your profit run. For Investing it is good to read up and educate yourself to know the basic financial analysis. Learn how to identify good company to invest . Pick those company/counter that you are familiar with their business.
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