Frasers Hospitality Trust (FHT)

Broker's Calls

Brokers’ Digest: StarHub, Nanofilm, ST Engineering, FHT, Sats

See what the analysts have to say this week.

Broker's Calls

Analysts maintain 'buy' on Frasers Hospitality Trust on the back of strong event pipeline and recovery tailwinds

FHT’s corporate-positioned hotels in Singapore will continue to see further traction from the return of corporate travel.

Broker's Calls

FHT at 'attractive entry price' even after doubling gross profit in 1HFY2023: DBS

Last week, Frasers Hospitality Trust announced 79.9% higher distribution per stapled security (DPS) for 1HFY2023 ended March 31.
FHT reports 79.9% higher DPS of 1.2649 cents for 1HFY2023 due to recovery in travel - THE EDGE SINGAPORE

Results

FHT reports 79.9% higher DPS of 1.2649 cents for 1HFY2023 due to recovery in travel

FHT's NAV per stapled security stood at 64 cents as at March 31, unchanged from its levels as at Dec 31, 2022.

Broker's Calls

Maybank upgrades FHT to 'buy' with lower TP of 54 cents

Analyst Li Jialin has taken over coverage of FHT for the brokerage and lowered her TP from 55 cents previously.

Results

Frasers Hospitality Trust posts 22.4% increase in FY2022 DPS to 1.6355 cents

FHT posts 22.4% increase in FY2022 DPU thanks to the recovery of tourism.
Did bullish outlook derail privatisation of Frasers Hospitality Trust? - THE EDGE SINGAPORE

REITs

Did bullish outlook derail privatisation of Frasers Hospitality Trust?

Were investors in Frasers Hospitality Trust holding out for a better offer following bullish analysts' reports on hospitality?
FHT shareholders vote against scheme resolution for privatisation - THE EDGE SINGAPORE

REITs

FHT shareholders vote against scheme resolution for privatisation

Frasers Property (FPL) and the manager of FHT had announced their offer of 70 cents per FHT unit to FHT’s unitholders on June 13.

Offer

Vote for privatisation say proxy advisors to Frasers Hospitality Trust's institutional investors

ISS and Glass Lewis advise institutional investors to vote for privatisation offer of 70 cents for Frasers Hospitality Trust
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