Category: FCT

Buy @  $1.825

Add to my collection at a price 0.5ct higher. Volume is now a lot lower as the major seller must have been done with the selling. My plan is to keep for longer term and will only consider to trade any extras I'd accumulated, if it hits closer to $1.9x. 😀

Buy @ $1.82

Add to my collection, need a regular stream of DPU for my living expenses, target is for longer term. This price is equivalent to the earlier ones I got at ~ $1.85 cd (DPU = 2.98ct). 😀

Jump-Q during 5pm matching. Looks like small scale selling on-going for the past few sessions. Seller CP = Morgan Stanley, different from cd period (was UBS). One possibility which I suspect is selling by Funds for FCT & FCOT (prices also declined) to switch to F&N (which'll spin off FCL – Parent of both FCT & FCOT).

Buy @ $1.85

Volume continues to be heavy, seller CP is the same ie. '47' – UBS. 😀

Buy @ $1.85, $1.845

A new stock to my portfolio.

• Yield = 5.924% (FY13 – Sep) is lower than my usual target.
• Gearing = 27.6% is within my more attractive range
• NAV = $1.77, a premium at current prices, whreas other Mall REITs are mostly at a good discount

The main attraction from their results Presentations released last night was their track record of increasing DPU since listing,

• FY13 : 10.93ct (+9.2%) 
• FY12 : 10.01ct (+20.3%) 
• FY11 : 8.32ct (+1.5%) 
• FY10 : 8.2ct (+9.2%) 
• FY09 : 7.51ct (+3%)  
• FY08 : 7.29ct (+11.3%)
• FY07 : 6.55ct

​My plan is to keep for longer term, assuming they're able to maintain their track record…. 😀

Sell @ $1.36. Decided to sell off, no more left. 😀

Buy @ $1.33. Trading buy only as yield is only 5.744% and not within my current tgt range. 😀