Frasers Cpt Tr - Fed Chief Powell's speech mentioning they are likely to cut rate to stave off weaker US labor.
Gd reit like FCT likely benefit and price may react positively! Dont miss out! Pls dyodd!
Chart wise, she had managed to stay above 2.35 this is rather bullish !
She is rising up to test 2.40 than 2.50 and above!
Frasers Cpt Tr - She is rising up nicely to touch 2.35 yesterday, this is rather bullish! I think high probability she may rise to test 2.40 and above!
Beyond 2.40, she may likely continue to trend higher towards 2.48 to 2.50 than 2.55 and above!
Pls dyodd.
4th August 2024 update:
FCT : Frasers Cpt Tr - One of the rare local retail mall that is pretty resilient and almost attaining 100 pecent occupancy rate. Yield is more than 5.3 percent, NAV about 1 Price Per Book. Gearing below 40 percent of which is good to be included into one watch list or portfolio!...