Singapore Stock Market News
Frasers Centrepoint Trust - Awaiting accretive acquisition
StockFanatic
Publish date: Thu, 18 Apr 2013, 11:44 AM
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2Q/1HFY13 DPUs broadly met our
and consensus expectations at
26/48% of our FY13 forecast. The
slight variance was due to higher
retained earnings, which should be
paid out in the remaining quarters.
We tweak our DPUs and DDM-based
target price (discount rate: 6.7%)
higher. Maintain Outperform.
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