- Yield = 7.17%
- Price-to-book Ratio = 0.881
- Assets per unit = $2.563
- Debt per unit = $1.037 (including current liabilities)
- Gearing = 40.5%
- Secured NAV = $1.526 (113% of trading price)
Fraser Commercial Trust has recently published their report which also include an upgrade in their credit rating and this will lead to lower borrowing cost and further confidence. Let's take a look at the statistics.
Yield is at a respectable 7.17% which is in my holding zone aka if I have I will hold but if I don't have, I won't buy. However, their price-to-book ratio shows a 12% discount to valuation which is favourable. What is most attractive is that its secured NAV is 113% of its trading price. This is on the assumption that it liquidates it now or someone buys over at NAV.
Fraser Commercial Trust was once my anchor investments but no longer now. Their yield is not high enough to be attractive for my portfolio. I will still monitor and wait for the price to come down.
Yield is at a respectable 7.17% which is in my holding zone aka if I have I will hold but if I don't have, I won't buy. However, their price-to-book ratio shows a 12% discount to valuation which is favourable. What is most attractive is that its secured NAV is 113% of its trading price. This is on the assumption that it liquidates it now or someone buys over at NAV.
Fraser Commercial Trust was once my anchor investments but no longer now. Their yield is not high enough to be attractive for my portfolio. I will still monitor and wait for the price to come down.
Yes ! Indeed, the AEI at CSC and leasing from HP is giving much uncertainty for this counter, Kyith from Investmentmoat is having very good analysis on this recently.
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