Frasers CentrePoint Trust

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#1
Result is out. Blush

http://infopub.sgx.com/FileOpen/FCT_3Q13...eID=248788
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#1
Result is out. Blush

http://infopub.sgx.com/FileOpen/FCT_3Q13...eID=248788
My Dividend Investing Blog
Reply
#2
Decent results though investors need to be mindful of the incoming competition faced by Bedok Point (near zero rental reversion this quarter) from the more strategically located Bedok Mall due to be opened in Dec 2013.

(Vested)
Disclaimer: Please feel free to correct any error in my post. I am not liable for anything. Do your own research and analysis. I do NOT give buy or sell calls and stock tips. Buy and sell at your risk. I am not a qualified financial adviser so I do not give any advice. The postings reflects my own personal thoughts which may or may not be accurate.
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#2
Decent results though investors need to be mindful of the incoming competition faced by Bedok Point (near zero rental reversion this quarter) from the more strategically located Bedok Mall due to be opened in Dec 2013.

(Vested)
Disclaimer: Please feel free to correct any error in my post. I am not liable for anything. Do your own research and analysis. I do NOT give buy or sell calls and stock tips. Buy and sell at your risk. I am not a qualified financial adviser so I do not give any advice. The postings reflects my own personal thoughts which may or may not be accurate.
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#3
(28-07-2013, 02:20 PM)Nick Wrote: Decent results though investors need to be mindful of the incoming competition faced by Bedok Point (near zero rental reversion this quarter) from the more strategically located Bedok Mall due to be opened in Dec 2013.

(Vested)

I agree.
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#3
(28-07-2013, 02:20 PM)Nick Wrote: Decent results though investors need to be mindful of the incoming competition faced by Bedok Point (near zero rental reversion this quarter) from the more strategically located Bedok Mall due to be opened in Dec 2013.

(Vested)

I agree.
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#4
Financial Statements: http://infopub.sgx.com/FileOpen/FCT-Sep1...eID=260505

Press Announcement: http://infopub.sgx.com/FileOpen/4QFY13-P...eID=260506

Presentation Slides: http://infopub.sgx.com/FileOpen/4Q13-Res...eID=260507


Quote:
FY13 Full Year Results
- FCT’s 4Q13 DPU up 10% to new-high; 4Q13 DPU of 2.98¢, brings full-year DPU to 10.93¢, both all-time highs. This is the seventh year of consecutive DPU growth since FCT’s listing.
- NAV per unit up 16% to $1.77 on revaluation surplus from its portfolio properties
- FCT to continue to pursue growth through both organic and acquisitive means


(not vested)
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#4
Financial Statements: http://infopub.sgx.com/FileOpen/FCT-Sep1...eID=260505

Press Announcement: http://infopub.sgx.com/FileOpen/4QFY13-P...eID=260506

Presentation Slides: http://infopub.sgx.com/FileOpen/4Q13-Res...eID=260507


Quote:
FY13 Full Year Results
- FCT’s 4Q13 DPU up 10% to new-high; 4Q13 DPU of 2.98¢, brings full-year DPU to 10.93¢, both all-time highs. This is the seventh year of consecutive DPU growth since FCT’s listing.
- NAV per unit up 16% to $1.77 on revaluation surplus from its portfolio properties
- FCT to continue to pursue growth through both organic and acquisitive means


(not vested)
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#5
Dpu keeps increasing. Maybe they can remodel bedok point to focus onlearning n tuitions ?
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#5
Dpu keeps increasing. Maybe they can remodel bedok point to focus onlearning n tuitions ?
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#6
The performance of FCT, might serve as tailwind for impending IPO of FCL.

(not vested in FCT, but vested in F&N)
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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#6
The performance of FCT, might serve as tailwind for impending IPO of FCL.

(not vested in FCT, but vested in F&N)
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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#7
(22-10-2013, 09:15 AM)countonme Wrote: Dpu keeps increasing. Maybe they can remodel bedok point to focus onlearning n tuitions ?


Idea
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#7
(22-10-2013, 09:15 AM)countonme Wrote: Dpu keeps increasing. Maybe they can remodel bedok point to focus onlearning n tuitions ?


Idea
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#8
(24-10-2013, 11:28 PM)palantir Wrote:
(22-10-2013, 09:15 AM)countonme Wrote: Dpu keeps increasing. Maybe they can remodel bedok point to focus onlearning n tuitions ?

Idea

Maybe don't have to take such drastic action yet - from OCBC investment research http://www.ocbcresearch.com/pdf_reports/...23-OIR.pdf

Quote:For Bedok Point, management also updated that it has successfully secured an electronics retailer as its anchor tenant
for basement one. This may translate to a more stable performance at the mall.

For this usually sleepy reit, volumes have increased significantly in past 2 weeks ever since Capital Group sold off enough to go under the radar with a less than 5% stake and about 37 mil units left at that stage. Since then about 31 mil units have changed hands - an average of 4 mil/day compared to the usual 700K/day. On a sideways move...
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#8
(24-10-2013, 11:28 PM)palantir Wrote:
(22-10-2013, 09:15 AM)countonme Wrote: Dpu keeps increasing. Maybe they can remodel bedok point to focus onlearning n tuitions ?

Idea

Maybe don't have to take such drastic action yet - from OCBC investment research http://www.ocbcresearch.com/pdf_reports/...23-OIR.pdf

Quote:For Bedok Point, management also updated that it has successfully secured an electronics retailer as its anchor tenant
for basement one. This may translate to a more stable performance at the mall.

For this usually sleepy reit, volumes have increased significantly in past 2 weeks ever since Capital Group sold off enough to go under the radar with a less than 5% stake and about 37 mil units left at that stage. Since then about 31 mil units have changed hands - an average of 4 mil/day compared to the usual 700K/day. On a sideways move...
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#9
Saw several shops are closed in Anchor Point and Bedok Point. I heard from one previous tenant that FCT increased their rent so no choice got to move out. Not sure increasing rent is sustainable for the tenants. Sooner one by one will move out, especially the smaller shops
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#9
Saw several shops are closed in Anchor Point and Bedok Point. I heard from one previous tenant that FCT increased their rent so no choice got to move out. Not sure increasing rent is sustainable for the tenants. Sooner one by one will move out, especially the smaller shops
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#10
(28-11-2013, 08:31 PM)palantir Wrote: Saw several shops are closed in Anchor Point and Bedok Point. I heard from one previous tenant that FCT increased their rent so no choice got to move out. Not sure increasing rent is sustainable for the tenants. Sooner one by one will move out, especially the smaller shops

Bedok Mall is opening on 3 December. More competition for Bedok Point. Angel

http://www.capitamallsasia.com/en/corpor...3-december
My Dividend Investing Blog
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#10
(28-11-2013, 08:31 PM)palantir Wrote: Saw several shops are closed in Anchor Point and Bedok Point. I heard from one previous tenant that FCT increased their rent so no choice got to move out. Not sure increasing rent is sustainable for the tenants. Sooner one by one will move out, especially the smaller shops

Bedok Mall is opening on 3 December. More competition for Bedok Point. Angel

http://www.capitamallsasia.com/en/corpor...3-december
My Dividend Investing Blog
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