Fraser Centrepoint Limited Treasury – What really matters in a Bond

Like the Aspial Treasury I couldn’t find much financial info on the treasury company, I will using the group’s financial number

Matures on 22 May 2020 | 3.65% | Semi – Annually coupon payment | Subsidiary of Fraser Centrepoint Limited | Started in 2011 |

1)  IDENTIFICATION OF BOND BELOW PAR VALUE

  • Current market value : 1.008 ($8 above its par value)

2)  LEARN ABOUT THEIR NUMBERS

  • Debt To Equity: 1.25 (Strong reliance on financing for growth) – But still better than Aspial
  • Growth Performance : -16.94%
  • Current Ratio : 1.84 ( Above average) – Genting is better
  • Below average management ability ( Increasing dividend payout | average net income growth | Poor cashflow management)screen-shot-2016-10-14-at-8-22-43-amscreen-shot-2016-10-14-at-8-22-31-am

The bond is use for corporate reason such as refinancing loan, financing and increasing general working capital. The numbers are not to my liking and hence I won’t be entering and of course I’m trying to get my bang for my buck

“+1 knowledge point”

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