$FRASERS LOGISTICS & IND TRUST(BUOU.SI)$

A quick Q3 22 Update!! Let me share some of my notes with everyone!! Previously I have shared 10 different criteria that I used for S-Reits evaluation!! Do follow me if you are keen to see more posts on S-Reit evaluation!!! All these are my own personal evaluation, I may be right or wrong. Please do your own research too!

1. Healthy portfolio occupancy: 96.5% (Yes)

2. Positive Rental Reversion: +9.9% (Yes)

3. Growth Prospects: Its sponsor $FRASERS PROPERTY LIMITED(TQ5.SI)$ is a multinational company that develops, owns and manages a diversified portfolio of properties across Southeast Asia, Australia, Europe and China. Frasers is owned by the founder of $THAI BEVERAGE PUBLIC CO LTD(Y92.SI)$ (Charoen Sirivadhanabhakdi), a Thai business magnate. It has a strong proven track record in executing value-accretive acquisitions - over S$5.0 billion since IPO in June 2016. That's an impressive feat!

4. Growth in gross revenue and NPI: Not much growth since year 2021 (No)

5. Increasing DPU: Not much growth since year 2021 (No)

6. Gearing Ratio below 40%: 29.2% (Yes)

7. Property Yield: 5.61% (Yes)

8. Interest Coverage Ratio: 12.4x (Yes, super strong financial health)

9. Dividend yield (Above 5%): 5.44% (Yes)

10. Price to book ratio: 1.24 (Yes, decent value)

**Stock liquidity = average daily transaction value more than S$10 million** Good liquidity

Rating: 8/10 (All positive except stagnant gross revenue & NPI and DPU. They just acquired 5 high-quality properties in Q3 22, it should income the gross revenue and NPI for 2H 22 results. Overall, it's still a good REIT to buy, if you don't know where to park your spare cash. Monitor and add on the dip.

I managed to add some at $1.28 prevously. Will add more if it dips again! Do you have this in your portfolio?? Do let me know your thoughts!

@Daily_Discussion@CaptainTiger@TigerStars@MillionaireTiger  

# 💰 Stocks to watch today?(29 Mar)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • LEngLEng
    ·2022-08-15
    Nice 😊 thanks for sharing
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    • Omega88
      [Like]
      2022-08-16
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  • DonnaMay
    ·2022-08-16
    Hope it can be a callback, I haven't bought enough?
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    • Omega88
      let's see how market will react with further interest hikes, good time to accumulate when ppl panic sell
      2022-08-16
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  • PandoraHaggai
    ·2022-08-16
    I was pleasantly surprised by Buou.Si's indebtedness.
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    • Omega88
      [Like]
      2022-08-16
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  • Maria_yy
    ·2022-08-16
    It looks like the fundamentals of Buou.Si are excellent.
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    • Omega88
      [Like]
      2022-08-16
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  • Oldhead
    ·2022-08-15
    Only concern is too much exposure to Australia.
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    • Omega88
      Australian freehold properties, SG max 60 years. As long as SG to AUD remains constant, shouldn't be a big problem
      2022-08-15
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  • amroui
    ·2022-08-15
    Good sharing! [Victory]
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    • Omega88
      [Like]
      2022-08-16
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  • BellaFaraday
    ·2022-08-16
    You got a good price, didn't you?
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    • Omega88
      I have it on my watchlist previously, it dropped till 52-weeks low. Always good to add when it's low
      2022-08-16
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  • HilaryWilde
    ·2022-08-16
    I like the dividend yield. It's great.
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    • Omega88
      [Like]
      2022-08-16
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  • DT15
    ·2022-08-17
    thank you for sharing
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  • Hap
    ·2022-08-22
    👍
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  • ruiping88
    ·2022-08-21
    k
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  • Newbievestor
    ·2022-08-20
    [Strong]
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  • bazinga15
    ·2022-08-18
    Hey
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  • darrius
    ·2022-08-16
    wow
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    • Omega88
      [Like]
      2022-08-16
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  • mingos
    ·2022-08-16
    ok
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    • Omega88
      [Like]
      2022-08-16
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  • ChosenPadawa
    ·2022-08-16
    thanks
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    • Omega88
      [Like]
      2022-08-16
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  • Awesome_derp
    ·2022-08-16
    Ok
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    • Omega88
      [Like]
      2022-08-16
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  • Moobox
    ·2022-08-15
    [smile]
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    • Omega88
      [Like]
      2022-08-16
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  • alylady
    ·2022-08-15
    [Strong]
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    • Omega88
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      2022-08-16
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  • charija
    ·2022-08-15
    good
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    • Omega88
      [Like]
      2022-08-16
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