Gravity Pulled My Top Holding Back To Earth Today! I Look at It's Latest Financial Result (4QFY2017).

Yesterday, I blogged about Frasers Commercial Trust's sudden rise in share price. Today, the price dropped by 2.04%. Most REITs' share price went down btw. At least for the 1s that I owned. 😭

Technical

RSI and Stochastic indicate overbought price. Divergence spotted. Hopefully, the support line at $1.43 can hold.

Screenshot from Chartnexus

Fundamental

As promised, I shall give a quick review on it's latest financial results which was released on 20 Oct 2017. Even though I already own FCOT's shares, I will try to be as unbias as possible. If I feel it's bad, I will say it straight. But that is strictly my personal opinion. I may feel it's bad but you may have a different opinion.  Disclaimer: I am just sharing my thoughts and interpretation of information that I have gathered so far. This Post is solely for information/education purpose only and should not constitute any buy or sell decision. As usual, dyodd before making any trade decision. Without any further ado, let's dive into it's results.

Alamak! First page of 4QFY17 Financial highlights doesn't look good. Nothing good on this page. "BAD" is added by me. That is not indicated on the actual report. Heehee.

Overall, the DPU for FY17 is stable at 9.82 cents. This may sound good or bad and depends on individual. If you have high expectations of this REIT, you may expect the DPU to increase.

Jialat lar. So many "BAD"

Portfolio valuations of Australia Properties Up. Nice!

As United States is likely to increase Interest Rate at the end of the year, it is better for REITs' borrowings to be on fixed rate.

Stay Tuned As We "Visit" Their Properties Next. To be continued...