Thursday, August 23, 2018

Frasers Property

NAV of $2.453.

 Price per book value of 0.689.

 Yearly dividend of 8.6 cents for the past 5 years.

 Total revenue has been generally rising from $2203m to $3893m.

 The current price is hovering slightly above the 52 weeks low of $1.58.

 The past 2 days has been seeing some buying activities.


 Looks like undervalue is surfacing .

 Short term wise, it may likely move up to revisit $1.72 then $1.75 level with extension to $1.80.

 The next dividend should be in Nov where one could be expecting to receive 6.2 cents .

 Not a call to buy or sell.

 Pls dyodd.



 Frasers Property Limited, a real estate company, owns, develops, and manages a diverse, integrated portfolio of properties. It operates through four business units: Singapore, Australia, Hospitality, and Europe and rest of Asia. The company’s assets range from residential, retail, commercial, and business parks, to industrial and logistics in Singapore, Australia, Europe, China, and Southeast Asia. Its hospitality business owns and/or operates serviced apartments and hotels in over 80 cities across Asia, Australia, Europe, the Middle East, and Africa. The company also acts as a sponsor of four vehicles listed on the SGX-ST, comprising three REITs, including Frasers Centrepoint Trust, Frasers Commercial Trust, and Frasers Logistics & Industrial Trust, focused on retail properties, office and business space properties and business parks, and logistics and industrial properties respectively, as well as one stapled trust, Frasers Hospitality Trust, focused on hospitality properties. The company was formerly known as Frasers Centrepoint Limited and changed its name to Frasers Property Limited in February 2018. Frasers Property Limited was incorporated in 1963 and is headquartered in Singapore. Frasers Property Limited is a subsidiary of TCC Assets Limited.

No comments:

Post a Comment