Frasers Centrepoint Trust
J69U: XSES (SGP)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|!B | LOCK|QS#F | LOCK|&KdV$dlf |
Frasers Centrepoint Trust Earnings: Driving Growth Through Asset Enhancements
We retain our fair value estimate of SGD 2.42 per unit for Frasers Centrepoint Trust after its in-line second-half fiscal 2024 (ending September) results. We think the trust is undervalued currently and like it for its portfolio of high-quality suburban malls that targets nondiscretionary spending.
