Frasers Cpt - Chart wise, bearish mode. She may go down to test 2.20

 Frasers Cpt  - Chart wise,  bearish mode.  She may go down to test 2.20 and then 2.15.

Went to Hougang Mall yesterday for dinner,  not bad!

 New F&B outlet opening in November.  Swee!

ToriQ opening in November at Hougang Mall,  nice!

New shops Chagee and Skechers shoes shops opening at Hougang Mall.  Seem good!

More new shops opening like Owndays spectacles etc.

23 October 2025:

 FCT delivers strong FY25 results driven by acquisition of Northpoint 

City South Wing and resilient operating performance 

 2H25 distribution per Unit (“DPU”) of 6.059 cents brings total DPU for FY25 to 12.113 cents

 Robust operating performance with retail portfolio committed occupancy at 98.1%; average rental 

reversion at +7.8% y-o-y; higher shopper traffic and tenants’ sales, up 1.6% and 3.7% y-o-y respectively

 Acquisition of Northpoint City South Wing for $1.17 billion and divestment of Yishun 10 Retail Podium1

for $34.5 million as part of proactive portfolio reconstitution strategy 

 Higher appraised valuation of portfolio with no change in valuation capitalisation rates

 Awarded Regional Sector Leader (Listed) in the Asia, Retail category in the 2025 GRESB Real Estate 

Assessment with a 5-Star rating for the fifth consecutive year.

SingTel - What Goes Up Fast, Will Come Down at a Faster speed

  SingTel  - What Goes Up Fast, Will Come Down at a Faster speed!

Pls dyodd.

12 November 2025:

Singtel posts H1 FY26 net profit of S$3.40 billion; 

underlying profit up 14% to S$1.35 billion

Half year ended 30 September 2025

• Underlying net profit (from which core dividend payout is based) mainly driven by Airtel, AIS, 

NCS and Optus

• Net exceptional gain of S$2.05 billion, mainly from sale of partial stake in Airtel as well as Intouch-

Gulf merger

• Interim dividend (core and value realisation) per share of 8.2 cents, up 17%

• FY2026 operating company EBIT growth outlook revised to wider range of between high single 

and low double digits. 

Singtel Group delivered a 14% increase in underlying net profit

to S$1.35 billion in the first half, driven mainly by regional associates Airtel and AIS and operating 

companies NCS and Optus. Underlying net profit would have risen 22%, excluding foreign currency 

impact and Intouch, whose contributions ceased after its amalgamation with Gulf. Net profit rose to 

S$3.40 billion, boosted by a net exceptional gain of S$2.05 billion mainly from the sale of a partial 

stake in Airtel in May and the Intouch-Gulf merger. Operating revenue was down 1.2% to S$6.91 

billion due to the strong Singapore dollar. In constant currency terms, the Group’s operating revenue, 

EBITDA and operating company EBIT would have risen 1.9%, 4.9% and 14% respectively.

XD 8.2 cents is on 20 November. Paydate 9 December 2025.

DIVDEND 

On 11 November 2025, the Board approved an interim ordinary dividend of 8.2 cents (H1 

FY2025: 7.0 cents) per share for the half year ended 30 September 2025, up 17% from the last 

corresponding period. This comprises a core dividend of 6.4 cents (H1 FY2025: 5.6 cents) per 

share and a value realisation dividend of 1.8 cents (H1 FY2025: 1.4 cents) per share, totalling 

S$1.35 billion. The core dividend represented 78% (H1 FY2025: 78%) of underlying net profit 

for the half year ended 30 September 2025. 

The interim ordinary dividend of 8.2 cents per share will be paid on 9 December 2025.

CapitaLand Ascendas - This Thursday US job data may provide the next indication for December rate cut meeting

CapitaLand Ascendas  - This Thursday US job data may provide the next indication for December rate cut meeting!

I think with interest rate cut, reit sector may benefit and see their refinance borrowing costs going lower.

She may rise up to retest 2.84!

Pls dyodd. 

 

 12 October 2025:

Next week,  I think opportunity is back for her to revisit 2.80 than 2.76 and 2.72.

Not a call to buy or sell!

Pls dyodd. 

 2nd October 2025:

CapitaLand Ascendas REIT  - 10 years treasury yield curve is approaching the 4 percent support level, interesting moment!

Once the 4% support level is broken down, Reit sector may likely rises higher! 

CapitaLand Ascendas reit may likely rise up to reclaim 2.87.

Next, she will rise up to test 2.94 than 2.99-3.01.

Pls dyodd. 

23rd September 2025:

 CapitaLand Ascendas REIT -  She is rising up to retest 2.87 after taking a breather! A nice breakout smoothly plus high volume we may likely see her rising up further towards 2.99 and above !

Pls dyodd.

18th September 2025:

 $CapitaLand Ascendas REIT(A17U.SI) Hosey! Rate cut of 0.25% . Reit sector likely rises higher!

CapitaLand Ascendas REIT likely rise up to test 2.87 than 2.92 and above! Pls dyodd.

Quote: The Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market.

In an 11-to-1 vote signaling less dissent than Wall Street had anticipated, the Federal Open Market Committee lowered its benchmark overnight lending rate by a quarter percentage point. The decision puts the overnight funds rate in a range between 4.00%-4.25%.

8th September 2025:

CapitaLand Ascendas  - She is gaining strength likely to rise up to test 2.82 and above!

Next,  she is rising up to retest 2.87 than 2.93-2.99.

Pls dyodd.

  29th August 2025:

She is rising up to test 2.75 again! A nice crossing over smoothly plus good volume we may see her rising up further towards 2.81 than 2.87.

Pls dyodd.

18th August 2025:

CapitaLand Ascendas REIT to divest five properties in Singapore 

for S$329.0 million.

mpines Industrial Avenue 3.

The Sale Consideration represents a premium of approximately 6% over the total market 

valuation of the Properties of S$311.3 million and a 20% premium to their total original 

purchase price of S$274.2 million. 

The Proposed Divestments are in line with the Manager’s proactive capital recycling strategy 

to improve the quality of CLAR’s portfolio and optimise returns for unitholders of CLAR. 

The estimated net proceeds after divestment costs are expected to be S$313.1 million. The 

net proceeds may be utilised for various purposes, including financing committed investments, 

paying down debt, extending loans to subsidiaries, funding general corporate and working 

capital needs, and/or making distributions to Unitholders.

For the purpose of calculating the pro forma impact on CLAR’s aggregate leverage, if the net 

proceeds were used to repay CLAR’s borrowings as at 31 December 2024, its aggregate 

leverage would have reduced from 37.7% to approximately 36.6%.

The Proposed Divestments are expected to be completed within the fourth quarter of 2025. 

Following the completion of the Proposed Divestments, CLAR will own 226 properties 

comprising 93 properties in Singapore, 34 properties in Australia, 49 properties in the United 

States (US) and 50 properties in the United Kingdom/Europe.

11th August 2025:

quote  : CapitaLand Ascendas Reit (Clar) is proposing to launch its first logistics developments in the UK at an estimated total investment cost of S$350.1 million.

Clar is proposing to acquire two plots of freehold land in the East Midlands, a key logistics market in the UK, on which it plans to develop four new logistics properties, the manager said on Monday (Aug 11).

“The proposed developments align with Clar’s strategy to expand its logistics portfolio in the UK where demand is expected to be underpinned by e-commerce growth and occupiers’ evolving supply chain strategies,” the manager said on Monday.

This will grow the Clar’s UK logistics portfolio to 42 investment properties. It will raise the Reit’s UK portfolio value by 27.2 per cent to around S$1.6 billion, representing 10 per cent of the Reit’s total AUM of S$17.2 billion.

4th August 2025:

CapitaLand Ascendas REIT delivers Distribution per Unit of 7.477

Singapore cents for 1H 2025

▪ Distributable income for 1H 2025 was stable year-on-year at S$331.1 million

▪ Portfolio occupancy remained healthy at 91.8% and leases renewed in 1H 

2025 achieved a positive average rental reversion of 9.5%

▪ Healthy aggregate leverage of 37.4% and stable cost of debt of 3.7% for 1H 

20256

▪ Accretive acquisitions of three well-located, modern properties in Singapore 

and the US totalling S$878.0 million, as well as completion of 1 Science Park 

Drive redevelopment for S$300.2 million in 2025 will enhance CLAR’s portfolio 

quality and contribute to long-term returns.

XD 11th August 2025 for balance 0.998 cents. 

– The Board of Directors of CapitaLand Ascendas REIT

Management Limited (the Manager), the manager of CapitaLand Ascendas REIT (CLAR), is 

pleased to report that distributable income for the six months ended 30 June 2025 (1H 2025) 

was stable at S$331.1 million, an increase of 0.1% year-on-year (YoY). 

Taking into account an enlarged unit base of approximately 4.4 billion (+0.7% YoY) following 

the issuance of new units pursuant to CLAR’s private placement in May 2025 to fund 

acquisitions, Distribution per Unit (DPU) for 1H 2025 declined slightly to 7.477 Singapore cents

(-0.6% YoY).

Gross revenue for 1H 2025 decreased by 2.0% YoY to S$754.8 million mainly due to the 

divestments of five properties in Australia (February 2024), Singapore (November 2024) and 

the US (June 2025), as well as the decommissioning of a property in the UK for redevelopment 

in June 2024. The decrease was partially offset by the acquisition of a property in the US in 

January 2025. Consequently, net property income decreased by 0.9% YoY to S$523.4 million. 

Mr William Tay, Chief Executive Officer and Executive Director of the Manager, said, “Despite 

the ongoing macroeconomic uncertainties, CLAR’s distributable income of S$331.1 million 

and DPU of 7.477 cents for 1H 2025 were stable. This underscores the continued strength of 

our diversified portfolio, operational management and disciplined execution of our capital 

management strategies.”

“CLAR is set to add approximately S$725 million of prime, income-producing assets in 

Singapore. 9 Tai Seng Drive, a Tier III colocation data centre and 5 Science Park Drive, a 

premium business space property are well-located, modern properties that are fully leased to 

reputable tenants and will contribute positively to our income stream. These two properties 

will further anchor CLAR in Singapore, with Singapore accounting for about 67% of AUM when 

the transactions are completed,” Mr Tay added. “We will stay responsive to changing market 

conditions and are confident of navigating through these uncertain times.”

Boustead - The spinning of the IPO listing of the Real estate assets has been submitted in September for approval. We may hear the approval in December of which may provide the next catalyst to drive the price higher

 Boustead  - The spinning of the IPO listing of the Real estate assets has been submitted in September for approval. We may hear the approval in December of which may provide the next catalyst to drive the price higher 

Indeed,  she has risen up to 1.83 but was short-lived and price has again come down to 1.71.

Immediate support level is at 1.70.

Interim dividend of 1.5 cents is going XD on 20 Nov. Paydate 1 December.  The company is cash rich.  Net cash position of about 0.75 per share.

Final dividend is 4 cents.

Don't know what to buy , just nibbled small units 2 days ago at 1.74.

Pls dyodd. 

First Half results was released a few days ago! Net profit was slightly lowered abd dividend of 1.5 cents declared same as last year. XD 20 November. Paydate 1 December. 

Pls dyodd.

27th October 2025:

 Boustead  - Will she be able to rise up to cover the Gapped at 1.83!

Once the Gapped has been covered,  she will likely continue to rise higher towards 1.90 than 1.95 and above!

The listing of the real estate assets is waiting for the IPO approval status from the Singapore Exchange. 

If IPO listing approved,  price may run up again!

Not a call to buy or sell!

Pls dyodd. 

Frasers Property - FY 2025 results is out.Fasers Property Limited records 17.8 % increase in attributable profit to S$243.Declared Final dividend of 4.5 cents, seem not bad

 Fasers Property Limited records 17.8 % increase in attributable 

profit to S$243. 1 million in FY25

Net fair value change and reversal of tax provision s lifted FY25 earnings, offsetting lower

residential contributions due to timing of projects

Proposed dividend of 4.5 Singapore cents per share 

Three pillars to drive sustainable value creation – increasing development exposure over the 

medium to long -term , driving recurring income via active portfolio and asset management , 

as well as capital efficiency.

Net asset value per share as at 30 September 2025 was lower at $2.37 ( 30 September 2024 : 

$2.45 ). The strengthening of the Singapore dollar , particularly against the Australia dollar , resulted 

in unrealised net foreign currency translation reserve loss . T he Group’s net debt 3

to property 

assets ratio as at 30 September 2025 stood at 4 3.7% (30 September 2024: 42.1%) , while net debt

to total equity 4

ratio rose to 8 9.2% (30 September 2024: 83.4%) . The higher net debt was mainly 

due to funding for the privatisation of Frasers Hospitality Trust (FHT), acquisitions by the Group’s 

consolidated REITs , as well as capital expenditure . Approximately 75.0% of the Group’s total debt 

was either on fixed rates or

hedged , with a weighted average debt maturity of 2. 5 years and 

blended cost of debt of 4.0% per annum . 

Taking into consideration the Group’s financial performance and cash flow requirements, Frasers 

Property’s B oard of D irectors has proposed a first and final dividend of 4.5 Singapore cents per 

share for FY2 5, maintaining the same level of 4.5 Singapore cents per share paid for FY2 4.

FY 25 KEY HIGHLIGHTS AND LOOKING AHEAD

D evelopment exposure for better risk -adjusted returns

The Group continues to expand its development exposure across residential and select non -

residential asset classes, guided by disciplined capital allocation and market insights. Recent 

launches in Singapore, such as The Orie and The Robertson Opus, achieved strong take -up . A 

key element of the Group’s strategy is its deliberate shift towards a partnership model for 

residential developments , exemplified by collaborations like the joint venture for the Dunearn 

Road GLS site in Singapore , and its most recent acquisition of a residential site in Jing’an, 

Shanghai, China via a 14% -held joint venture in October 2025 . T hese partnerships enable the 

Group to combine complementary strengths to build a quality portfolio of residential projects in 

a capital efficient manner while effectively balancing risk and returns. T he Group’s residential 

development pipeline provided earnings visibility, with unrecognised revenue of S$1.4 billion as 

at 30 September 2025 .

Frasers Property’s build -to-core strategy delivered approximately 69 1,000 square metres of 

industrial and logistics projects in FY25 , with a further 758,000 square metres under 

development . Sustained demand from supply chain reconfiguration and e - commerce continues 

to support attractive returns.

Venture - Total Revenue is down 2.8% qoq to S$627.2 million. Earnings per share of 19.2 Singapore cents 3.0% lowered

 The selling is very fast! Just one day, she is down 50 cents to close at 14.56.

Next, she may go down to test 14.33 than 14 with extension to 13.54.

Pls dyodd. 

The price Gapped down upon opening from 15.06 to 14.96 , doesn't look good!

It has retreated to 14.71 as I am typing!

she may go down to test 14.56 than 14.15.

Pls dyodd. 

Total Revenue is down 2.8% qoq to S$627.2 million. Earnings per share of 19.2 Singapore cents  3.0% lowered QoQ. 

Net margin 8.9%. 

Net profit S$55.6 million is 8.3% lowered as compared last year. 

Group revenue reflects expected softness in the Lifestyle

Consumer technology domain.

Our strategic initiatives in the other technology domains have

delivered results, with NPIs and new wins in the Test &

Measurement Instrumentation and Semiconductor Related

Equipment technology domains.

On a constant currency basis, revenue would have been relatively

flat at -0.6% QoQ.

The Group continues to deliver a strong net profit margin of 8.9%

through our focus on high value-add solutions.