FCOT @ $1.285

Buy @ $1.285

Quite surprised to see the price back to my yesterday's buy price. A big seller was around and for a while, I was beginning to think I was too optimistic on my analysis. Fortunately, the selling was well absorbed and soon, the seller must have finished his job and prices started going up.

My current intention is to hold for longer term, at leastt till Aug to see through the new Master Lease agreement for Alexandra Techno Park. It could potentially add 20% max (since it's 20%+ of asset and current rental is half of mkt rate) to DPU in Q4… 😀

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