Frasers Commercial Trust (FCOT)

SINGAPORE (Oct 23): RHB is maintaining its "neutral" call on Frasers Commercial Trust (FCOT) while Daiwa and OCBC reiterate their “hold” recommendations following last week's announcement of the trust's 4Q17 results, which came in l

SINGAPORE (Oct 20): The manager of Frasers Commercial Trust (FCOT) has posted a distribution per unit (DPU) of 2.41 cents for the 4Q17 ended Sept, declining 1.6% from its DPU of 2.45 cents in 4Q16 a year ago on lower revenue and net property income.

SINGAPORE (Sept 25): RHB is reiterating its “neutral” call on Frasers Commercial Trust (FCOT) with a target price of $1.40.

SINGAPORE (Sept 4): OCBC Investment Research is maintaining its “hold” call on Frasers Commercial Trust (FCOT) with an unchanged fair value of $1.42.

SINGAPORE (July 24): The manager of Frasers Commercial Trust (FCOT) has announced a DPU of 2.40 cents for 3Q17 ended June from a DPU of 2.41 cents in 3Q16.

SINGAPORE (May 30): DBS Vickers expects Frasers Centrepoint Limited (FCL) and its REITs to deliver consistent returns in the coming years, leveraging on the improved outlook of their key markets of Australia and Singapore.

SINGAPORE (April 24): OCBC Investment Research is reiterating its “buy” call on Frasers Commercial Trust (FCOT) with an unchanged fair value estimate of $1.39 after the trust’s 2Q17 results met expectations, with DPU up 2.4% on-year at 2.51 cents.

SINGAPORE (March 14): OCBC is maintaining its “buy” on Frasers Commercial Trust (FCOT) with $1.39 fair value given its recent share price fall on uncertainties over renewal leases.

SINGAPORE (Jan 24): It is very likely Hewlett Packard (HP) Enterprise will be leaving Alexandra Technopark – but this could prove a “blessing in disguise” for Frasers Commercial Trust (FCOT), says DBS Vickers Securities.