Category: FCOT

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FCOT @ $1.225

Buy @ $1.225

Had been waiting for lower prices for a while and finally gave up as Quarterly Results will be out on 20-Jan. It immediately dropped to a low of $1.21 before a kelong close at $1.225…

Yield = 8.163% if DPU is maintained at Q415… but if it dips back to Q315 DPU, Yield = 7.7%… Larger DPU dips means lower Yield… but, I'm expecting it to be at least 7.5%… Consolation is I'm getting at a big discount to the $1.48 during Private Placement on 3-Aug-15… 😀

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FCOT @ $1.3313

Buy @ $1.34, $1.325, $1.32

Not a good day for REITs…. US FED Rate Hike for Dec now have high probability…. 😀

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FCOT @ $1.3483

Buy @ $1.35, $1.345

Continue to add with every drop… getting worried… My consolation is Yield = 7.4%, assuming they can maintain DPU for next Q… 😀

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FCOT @ $1.3583

Buy @ $1.36, $1.355

Buy back some, may collect more if I have spare cash and no other targets… STI -23.94 @ 2974.41, low of -49 for the day…. Mkt not too happy with China factory data (PMI)… 😀

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FCOT @ $1.365

Buy @ $1.365

xd today and -5.5ct vs DPU = 1.6069ct (actual payout, already less Advanced DPU = 0.9112ct paid out previously). Bad day to go xd as STI -39 @ 3001.51. Itchy fingers… buying back a bit of what I sold yesterday…  instead of waiting closer to next Q results to try for Yield Rotations Play… 😀

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FCOT @ $1.425

Sell @ $1.425

Contra off a recent buy plus sell an earlier one together. Last day of cd today for DPU = 2.5181ct (Actual Payout = 1.6069ct due to Advanced DPU = 0.9112ct already paid out previously). 

Recent results were better than I'd expected and FY16 rental reversions are expected to be positive. Still, I'd decided to treat it as a Yield Rotation Play to have more free cash… ðŸ˜€