Frasers Logistics & Commercial Trust *Official* (SGX:BUOU)

[ask_yip]

Every 300-500 units my total fees are like 70-90 cents. A far cry from the era when every purchase I made minimum fee was $28 loh. So those few cents more I pay thru multiple small purchases are negligible.

huh? which broker? custodian?

 

[Iyarash11]

done 10000 @ $0.91. with my luck, probably going to go down further....

seems like deeply oversold, let see how far lower it will go

 

[ctan84]

huh? which broker? custodian?

Stand Chart. Yah custodian. As long you are priority banking customer, no minimum cost for brokerage fees. I believe @limster is using the same brokerage too.

 

[limster]

Stand Chart. Yah custodian. As long you are priority banking customer, no minimum cost for brokerage fees. I believe @limster is using the same brokerage too.

for 10000 @ $0.91, i used FSMOne $8.80 flat rate comms, cheaper. FSMOne got free lvl 2 depth for SGX promo, so can see order depth when queuing

 

[weng0202]

Tries queuing at 90 cents today never get, haha. Try again tomorrow.

 

[Solidus_GZ]

What lao now .855 thought it was lowest at 90c already

 

[ctan84]

What lao now .855 thought it was lowest at 90c already

Average down loh... Think my average price is about 97 cents or so.

 

[Iyarash11]

2020 covid crash baloo ard 70cents now peacetime also hit such low price really cry no eye shiat

 

[MichealScott]

worst reit in my portfolio. down 20% wtf.

 

[ctan84]

worst reit in my portfolio. down 20% wtf.

Average down loh. @limster averaged down quite abit, should hear his views why he is confident about his reit.

 

[limster]

I like its portfolio of assets. many 'small' properties rather than a few mega properties. if you look at the profile, a lot of them are freehold as well.

it has been hit by SGD's strength since it gets quite a bit of revenue in A$, GBP, Euro. But like I have mentioned in the past, the SGD cannot appreciate indefinitely and any further forex surprise is more likely to the upside than downside.

I think UK and Australia may be cutting rates more aggressively that Powell, which means cheap borrowing costs in A$, GBP?

However, I am losing money in this counter, so I could be wrong! If it hits $0.85 I will buying more shares to average down (my last purchase was at $0.91)

 

[wrathofgod]

I bought ATH around 1.4+, now really no eye see.

Want to avg down but every week hitting new low

 

[demoforce1]

I bought ATH around 1.4+, now really no eye see.

Want to avg down but every week hitting new low

ATH is 1.5x

 

[ctan84]

I bought ATH around 1.4+, now really no eye see.

Want to avg down but every week hitting new low

This week got hit new low meh? Think its forming a support at 87-88 cents liao...

 

[limster]

This week got hit new low meh? Think its forming a support at 87-88 cents liao...

yup, i dunno which stock chart he is referring to. I am waiting long long to buy at $0.85, but its not making a new low

 

[limster]

ok, time to queue for $0.85! wish me luck!

 

[lzydata]

ok, time to queue for $0.85! wish me luck!

Closed up at 87.5 cents! How was it for you?

 

[limster]

Closed up at 87.5 cents! How was it for you?

order unfilled at 0.85

 

[JivBunny]

Recently monitoring this counter as I find that is quite undervalued but have potential in their properties as well as the dividends (though slightly lowered) but at 0.03 based on today’s price of 0.810/5, is a decent 3.7% and if the full year’s dividend is also similar. It will be >7%.

 

[MichealScott]

i think exposure to AUS$ is killing them.