Frasers Centrepoint Trust - CGS-CIMB Research 2021-10-27: Encouraging Performance

Frasers Centrepoint Trust - Encouraging Performance

FRASERS CENTREPOINT TRUST (SGX:J69U) | SGinvestors.ioFRASERS CENTREPOINT TRUST (SGX:J69U)
  • Frasers Centrepoint Trust (SGX:J69U)’s FY21 DPU of S$0.12085 came in line (99% of our full-year forecast).
  • Occupancy rate improved to 97.3%; rental reversion was resilient at -0.6%.
  • Reiterate ADD call on Frasers Centrepoint Trust. The stock is trading above its 5-year historical mean of 5.1% DPU yield despite its resilient performance.




Above is the excerpt from research report by CGS-CIMB.
Clients of CGS-CIMB may access the full report in PDF @ https://www.itradecimb.com.sg/.




EING Kar Mei CFA CGS-CIMB Research | LOCK Mun Yee CGS-CIMB Research | https://www.cgs-cimb.com 2021-10-27
SGX Stock Analyst Report ADD MAINTAIN ADD 2.92 UP 2.910




Read also CGS-CIMB's most recent report:
2022-10-27 Frasers Centrepoint Trust - Stable Performance But Still Recovering

Target prices by 3 other brokers at Frasers Centrepoint Trust Target Prices.
Listing of broker reports at Frasers Centrepoint Trust Analyst Report.

Relevant links:
Frasers Centrepoint Trust Share Price History,
Frasers Centrepoint Trust Announcements,
Frasers Centrepoint Trust Dividends & Corp Actions,
Frasers Centrepoint Trust News Articles





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