Frasers Logistics & Commercial Trust (FLCT)

Layoffs at US tech firms hit Singapore - THE EDGE SINGAPORE

Digital Economy

Layoffs at US tech firms hit Singapore

Companies cited the typical concerns about profitability, but analysts think firms are pre-emptively cutting costs.

Broker's Calls

Citi lowers FLCT's TP to $1.24, cuts FY2024 and FY2025 DPU estimates by 8.4%

The analyst has also introduced FY2026 DPU estimate of 7.55 cents.
Finally, we are investing again — added six stocks with high, resilient dividend yields - THE EDGE SINGAPORE

Tong's Portfolio

Finally, we are investing again — added six stocks with high, resilient dividend yields

A key factor would be whether dividends are sustainable, for instance, in the event of a global economic slowdown or recession.
FLCT is overall sector and PAT growth winner - THE EDGE SINGAPORE

Billion Dollar Club 2023

FLCT is overall sector and PAT growth winner

Over the years, FLCT has spent $5 billion on accretive acquisitions

Results

Frasers Logistics & Commercial Trust reports FY2023 DPU of 7.04 cents, 7.6% lower y-o-y

Unitholders will receive their DPUs on Dec 14.

Results

FLCT reports 1HFY2023 DPU of 3.52 cents, 8.6% lower y-o-y

The lower DPU came on the back of lower revenue and adjusted NPI during the six-month period.

REITs

FLCT CEO Wallace to step down, successor to be appointed

Wallace joined what was then Australand Property Group in August 2007.
 - THE EDGE SINGAPORE

Billion Dollar Club 2022

Frasers Logistics & Commercial Trust tops REIT sector; Parkway Life REIT and Mapletree Industrial Trust win too

The value of the assets under the REIT has increased threefold over a five-year period, from $1.6 billion at IPO to $7.3 billion

Results

FLCT reports 2HFY2022 DPU of 3.77 cents, down 2.8%

Adjusted net property income for 2HFY2022 was down 10.6% y-o-y to $162.1 million.
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