Update: FairPlay ($6F3:BU) and Yuri Gagarin ($4PX:BU)
First a disappointment, FairPlay, the REIT I wrote about, posted lower-than-expected distributable income for the year - BGN 1.9m against a December forecast of 2.45m and a May forecast of 3.7m. Being off by 50% midyear and by 25% with 15 days to go is a yellow flag for management, in my book. I don't like rosy forecasts. I've always found "under-pro…