Frasers Property (formerly: Frasers Cpt (FCL))

(06-02-2014, 02:47 PM)specuvestor Wrote: As discussed in the FNN thread... he will be milking it for all its worth. Now I'm waiting for FNN to be levered up like Thai Bev.

I believe you mean "FCL to be levered up like Thai Bev", rather the FNN, right?

I wondering why Mr.Market not excited by this REIT news...?

(06-02-2014, 02:59 PM)CityFarmer Wrote:

(06-02-2014, 02:47 PM)specuvestor Wrote: As discussed in the FNN thread... he will be milking it for all its worth. Now I'm waiting for FNN to be levered up like Thai Bev.

I believe you mean "FCL to be levered up like Thai Bev", rather the FNN, right?

Both. TCC still owns FNN now. So my guess is FNN will be levered up first and more capital return.

End game like we discussed, after asset stripping and ATMs, likely TCC own FCL and Thai Bev owns FNN. The latter 2 will be levered up to hilt cause they are cashcow businesses to pay back the credit cards

While discussion is on-going, I wonder if there is any parties talking to boss to get, say, a 10% placement for FCL at $1.40?

TCC throwing in any of their priority assets into
the proposed REIT?

Maybe not first round. Get the milking machine IPO
without IPT EGM.

ya somehow TCC assets will be injected into FCL or the REITS

Why would Chaoren want to inject TCC into FCL?

(06-02-2014, 05:41 PM)arriyana Wrote: Why would Chaoren want to inject TCC into FCL?

why not? Synergy effort for both his property arms....

(06-02-2014, 05:41 PM)arriyana Wrote: Why would Chaoren want to inject TCC into FCL?

TCC is unlisted... and looking at Thaksin, maybe better to have money offshore outside Thailand

I think FCL is currently priced low because of the poor market sentiments
the IPO spin off is a good news however institutional investors would feel that the IPO price is likely to be on the low side, thus not really helping FCL shareholders much