The DPU accounted for 46.4% and 47.3% of OIR’s and the street’s initial FY2025 DPU forecasts respectively. “We expect capital distribution from divestment gains to ease sequentially in 2HFY2025,” states OIR.
Analysts at OCBC Investment Research (OIR) and CGS International (CGSI) are both keeping their respective “buy” and “add” calls on Frasers Logistics & Commercial Trust (SGX:BUOU
) (FLCT). However, they have all reduced their respective target prices to $1.07 from $1.14, and $1.11 from $1.35.
For the 1HFY2025 ended Mar 31, FLCT reported a distribution per unit (DPU) of 3.00 cents, down 13.8% y-o-y, which missed expectations.
