Frasers Centrepoint Trust: Still Neutral Based On Performance And Proposed M&A
Source: SeekingAlpha
2025-04-24 05:11:05 ET
Summary
- I maintain my Hold rating on Frasers Centrepoint Trust after previewing its interim results and evaluating its planned acquisition.
- My projections point to stable 1HFY25 dividends for FRZCF, considering interest cost savings and short-term disruptions from property renovations.
- There are both merits and risks pertaining to the REIT's purchase of a new asset, so I have a neutral opinion of this latest inorganic growth initiative.
I continue to assign a Hold rating to Frasers Centrepoint Trust ( FRZCF ) (J69U.SI). My prior October 26, 2024 article analyzed its FY24 ("YE September 30, 2024") financial numbers....
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Frasers Centrepoint Trust: Still Neutral Based On Performance And Proposed M&A
Frasers Centrepoint Trust
NASDAQ: FRZCF
FRZCF Trading
-2.81% G/L:
$1.73 Last:
3,242 Volume:
$1.68 Open:
