Fraser and Neave Ltd

SGX (SGD): F & N (F99)

Last Price

1.35

Today's Change

-0.03 (2.173%)

Day's Change

1.34 - 1.38

Trading Volume

58,200


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3 comment(s). Last comment by kongim61 2014-10-16 16:25

inphyy

338 posts

Posted by inphyy > 2013-08-26 20:20 | Report Abuse

Thai billionaire Charoen Sirivadhanabhakdi is looking to raise at least US$500 million ($640 million) by listing a hospitality trust in Singapore next year to help refinance some of the debt that his companies took on to win control of Fraser and Neave (F&N), people with knowledge of the matter said.

REIT....A big welcome! Me will involve? No thanks! after the recently listed SPH REIT, OUE Hospitality Trust and Soilbuild Business Space REIT. Me keep myself a yard distance (✿◠‿◠)

Posted by kongim61 > 2014-10-16 16:22 | Report Abuse

F&N Price took a beating by dropping 15% off since Jan 2, 2014.
On a annualised basis (sum of last 4 Quarter results , shows 5.7% growth rate.
The price is now all time 3 years low since beginning 2012.
All its peer like Dlady, Nestle, shows stable results.
Last 3 Quarters results shows little negative growth in net profits.
Be informed from a period of 27th Aug 2014 to 26 Sept 2014, Amanah Raya Trustte Bhd - Amanah Saham Bumiputrad has acquired 400, 000 units of F&N and disposed 100,000 units in 10 Oct 2014.
Big Fish are playing with the price.
Do not get caught.

Posted by kongim61 > 2014-10-16 16:25 | Report Abuse

This is my comments on F&N Malaysia.

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