Frasers Property (formerly: Frasers Cpt (FCL))

[Contrarian]

> Why can't I sell FCL's shares completely and invest in other sector and later after some consideration, buy back a small quantity of FCL's shares during this week?

You can certainly do it. Go ahead and do what you say. Sell all and wait for price to drop to $1.65 then...

[sQQs]

Hi iLG, good to heard from your clarification on your stand. There is nothing wrong to practise technical tactic to archive your investment objective. I do enjoy day trade and contra occasionally, just that it is inappropriate to post those technical view in this forum. It only create noise and distraction. This forum ONLY welcome VALUE INVESTING on FUNDAMENTAL ANALYSIS. Try google those terms if you dun understand. Hope you do not miss the big picture in investment journey when you're sweating over the small details.

[Polaris]

Agree fully with sQQs, GG and Contrarian.

This forum is valuable because of its focus on value discussion. You are most welcome to contribute alternative views regarding biz and strategies, or through critical unbiased thinking or scuttlebutt, help uncover areas of genuine concern, where other valuebuddies may have missed out. Just my 2 cts. : )

[Contrarian]

> There is nothing wrong to practise technical tactic to archive your investment objective

I agree. I will be first to admit I also look at the charts.

For FCL, the retail float (only 12% amongst the top 20 and retail shareholders) is very low.

What you need is just some consistent catalysts and you will see the price shoot up in due course. They are probably:

1. New Industrial REIT
2. More assets sold to the REIT
3. Placement sale by Charoen at higher price
4. More dividend payout

[greengiraffe]

> There is nothing wrong to practise technical tactic to archive your investment objective

I agree. I will be first to admit I also look at the charts.

For FCL, the retail float (only 12% amongst the top 20 and retail shareholders) is very low.

What you need is just some consistent catalysts and you will see the price shoot up in due course. They are probably:

1. New Industrial REIT
2. More assets sold to the REIT
3. Placement sale by Charoen at higher price
4. More dividend payout

FCL is an unfolding multi-year drama serial.

FCL has already mentioned to the public that they may incept a new ind REIT to recycled ALZ's matured and ready Aussie Ind Prop. In addition, they have mentioned many times over that ALZ's ind prop experience can be exported to South East Asian countries when they were previously not explored for whatever reasons under Capland. I personally think that Towkay's Thai base will dovetail nicely into the export of such expertise in time to come.

Assets are already being progressively sold to listed suite of REITs. However due to high cost base of these assets, the profits derived from recycling into REITs may not be as high as those seen during Capland and Kepland's days.

The difference I see in FCL - the maintenance of the pipeline of assets so that there is an adequate supply of assets to be recycled.

I think when time and cashflows permits, div payout will be raised so as to enhance the attraction of FCL.

Until then, Towkay and his team will labour hard to convince the market that FCL is a viable model against bigger incumbents like Capland even without their govt linked pedigree. Such execution will eventually be reflected in share price and enable his companies to dilute their interests at the right price and right time.

Vested
GG

[greengiraffe]

http://www.valuebuddies.com/thread-4824-...#pid113863

[EnSabahNur]

Until then, Towkay and his team will labour hard to convince the market that FCL is a viable model against bigger incumbents like Capland even without their govt linked pedigree. Such execution will eventually be reflected in share price and enable his companies to dilute their interests at the right price and right time.

Vested
GG

I guess he is trying to remake the company to achieve what to his mind is a fair market price before reducing his stake and allow a higher free float

[I_love_girls]

Technical analysis beats value investing SOMETIMES You all adhere to GG's explanation and I adhere to mine. Once again, I have no doubt that FCL is a VALUED company. But due to a lot of other factors, it just cannot go up.

[greengiraffe]

U go find stocks that are up in a generally down mkt lah.

When u hold big positions like I do, you can't afford to be a tickle trader.

Only when you grow till my size then u will understand what i meant.

Took me 30 years to get to where I m, young fellow.

GG

Technical analysis beats value investing SOMETIMES You all adhere to GG's explanation and I adhere to mine. Once again, I have no doubt that FCL is a VALUED company. But due to a lot of other factors, it just cannot go up.

[morten]

Technical analysis beats value investing SOMETIMES You all adhere to GG's explanation and I adhere to mine. Once again, I have no doubt that FCL is a VALUED company. But due to a lot of other factors, it just cannot go up.

Boy, you are in the wrong forum. Talking about motorbikes in a car forum?