Singapore Shares Information: FCT - Frasers Cpt Tr : Had dinner at NEX, Nice Steaks and yummy potatoes! Very crowded! Business is very good! Feeling great!

FCT - Frasers Cpt Tr : Had dinner at NEX, Nice Steaks and yummy potatoes! Very crowded! Business is very good! Feeling great!

Waiting for FCT results scheduled to be out 25 Oct cum dividend, Huat ah!

Current price 2.30, yield is still pretty good at 5.23%. As more rate cuts , price may rise back above 2.50 in time to come!

Frasers Cpt Tr - Last Friday it looks like some Fund are offloading this counter seems like a targeted candidate, down 8 cents to 2.27 ! 2.25 support level likely to be tested!

We may see a bounce-off from the current price level as the price seem overly corrected! The volume is extremely high looks like the selling is more or less completed! Pls dyodd.

16th September 2024:

Frasers Cpt Tr - Last Friday, it looks like someone is selling off this counter in big qty which saw the price being sold down 5 cents to close at 2.36. The volume is high.

Lets see how she fares , hopefully, she can rise up to reclaim 2.42!

7th September 2024:

Frasers Cpt Tr - It has managed to touch 2.42 yesterday but closed at 2.38, looks like Bull is back!

This driving force may continue to push the price to clear 2.40 than 2.50 and above!

Beyond 2.5p, we may see her rising up further towards 2.63 than 2.73.

Pls dyodd.

3rd September 2024 update:

FCT:Frasers Cpt Tr - She had closed well at 2.37 yesterday, likely to continue this uptrend direction and rises higher to test 2.40 and above.

A nice breakout of 2.40 smoothly we may see her rising up further towards 2.50 and 2.60.

Pls dyodd.

24th August 2024 update:

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!

Chart wise, bullish mode!

She is rising up to test 2.30 than 2.33 to 2.35.

Pls dyodd.

FCT : Frasers Cpt Tr - 3rd quarter results update is out! All nos seem about the same as last year! Occupancy 99.7 percent, Sales revenue slightly higher, gearing is 39.1% versus 38.5% , ICR 3.26x.