Frasers Property (formerly: Frasers Cpt (FCL))

yeah i am also all the way behind FCL. i bought some last thursday and friday. If it drops below 1.5 tomorrow, i am going to buy some more.. heehee i am always happy when the market goes on sale

(12-01-2014, 10:46 PM)safetyfirst Wrote: yeah i am also all the way behind FCL. i bought some last thursday and friday. If it drops below 1.5 tomorrow, i am going to buy some more.. heehee i am always happy when the market goes on sale

Great to find someone sharing the same view as me
Btw I wrote a small piece on FCL
feel free to take a look at

http://stockbrokerplayspoker.blogspot.sg...point.html

vested

thanks and have a good week ahead ^_^

personally for me the next catalyst will be the strategic review recommendation for thai bev's holdings in FCL...based on current valuations it is not possible for a direct swap...TCC's FNN(approximately 5bil marketcap) stake is worth ard SGD 2.95bil ... ThaiBev's FCL(aproximately 4.4bil market cap) stake is worth about 1.26 bil .. there is still a shortfall of 1.69bil...how will both parties bridge the gap? a partial swap wouldnt make sense either..i am waiting for more corporate actions to unfold...

omg no more chance to get it cheap le, it has gone up to 1.55 as of 9.11am

CIMB report this morning, target price $2.06.

https://brokingrfs.cimb.com/9Dj4ZDYx1kKe...PEt-41.pdf

(13-01-2014, 09:16 AM)ngcheeki Wrote: CIMB report this morning, target price $2.06.

https://brokingrfs.cimb.com/9Dj4ZDYx1kKe...PEt-41.pdf

thanks for the report
FCL up 6% today

happily vested ^^

(13-01-2014, 09:51 AM)felixleong Wrote:

(13-01-2014, 09:16 AM)ngcheeki Wrote: CIMB report this morning, target price $2.06.

https://brokingrfs.cimb.com/9Dj4ZDYx1kKe...PEt-41.pdf

thanks for the report
FCL up 6% today

happily vested ^^

Yes, prepared to accumulate more, but it seems the "big sale" is closed.

(vested, and of course happily )

hmm uber strong move today ... a 10% jump on shareprice.... maybe got corporate action announcement .... dont think this jump is fully attributable to the CIMB report..which happens to be very good imo..

anyone what are the reasons behind the fluctuations in prices over the past 3-4 days? have been rising and falling quickly and in large %

(16-01-2014, 01:52 PM)wizguy84 Wrote: anyone what are the reasons behind the fluctuations in prices over the past 3-4 days? have been rising and falling quickly and in large %

Let me hazard a guess? The property market is going downhill. They are in the property business.