Friday, 2 December 2016

Reits investment: Frasers Log & ind trust

Frasers Log & ind thrust has been in my watchlist. This is a promising REIT counter as it has a Long WALE > 6years (means stable DPU) and low gearing of 29. Frasers is a good sponsor and it will provide more acquiring opportunities for the trust. Technical analysis shows that it is in consolidation and @ Fibo 78.6. Added more lots recently into my reits portfolio. Slowly and steady generating passive income.  

Courtesy: Chartnexus

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