Dialog = Final Single Tier Cash Dividend of 18%

1.8sen only bcos the par share value is 10sen.

Do not curse me, just to update you.

lol thats y need to read carefully . Don become a victim just becos of this.... Very innocent.

If I am not mistaken, SunwayReit plans to distribute dividend in every quaters. Then shall be 1.51 cents x 4 = 6.04 cents annually.

Not bad for those bought from IPO @ 6.7% return. Even boleh tahan for today closed price @ 6% return.

What you say ?

For me to pick up reits counter. i will look into 2 criteria.

1. Yield
2. Properties Portfolio

I would say it is bad because most other REITS giving about 8%. To get 6% DY, might as well buy stocks.

how come the appeal of Sunreit/CMMT is so great? 6% and people are still buying?

for me i'll take those with yields in the upper bands of the industry like arreit, axreit and hektar

Opss..sorry see wrongly !!!
Btw SUNREIT is laggest asset ~~ I think the counter RM1.50 without problem !

Its price can only move up that much if it's dividend yield also move up "around" that much. There's no free lunch....for Sunreit.

Before you make a judgement you must have figures to prove. Not simply blow water lol.

The way i look at it... your have a very wrong mindset in investing reits.

Can, let me buy few units, and then I Q to sell at 1.50, and you buy from me

Ah it was around 0.855 for so long!

Looking back now, hahaha hindsight is 20/20

Hey Guys... I got somethings confuse !!
For example :
10/11/2010 Today SUNXX Is RM1.00...
Then Today the 3Q 30/9 result came out !!
Increase (500% profit)
So tomorrow the SUNXX will increase or just like norma day ??
Because of the 3Q result ..
Hope can help ! Thanks !!

Could most likely sell on news. Meaning stock coming down because people already expect that. If you are thinking the profit for SUXXXX increase 500%, then you are dead wrong. Common sense will tell you that if rev < profit, it means revaluation of the property. Anyway, you can hope it will fly like 500%, but I really doubt it.

I agree, I am not SunwayReit shareholder. My statement just to clarify people who conclude 1.51 cent is low return.

---

Added on November 11, 2010, 8:50 amI don't think REITs still give 8% return if buying at this moment, since the share price already appreaciate so much comparing to 08'or 09', if there is then it might be AMFirst. But I don't like it because it is like Alaqar, inter-related business module. In this case rental or profit is very easy to be manipulated.

I might be wrong, but just try to avoid it.



This post has been edited by rayloo: Nov 11 2010, 08:52 AM

In fact, you are quite wrong.

Both Arreit and Hektar at current price can give 8.x % yield. Probably Axreit also can give, but their next divvi will only come next year.

Yes, your concern is reasonable, (which is my concern as well back then when buying Amfirst, and reason why I allocated smaller portion into it.

But still it is 8% yield
Amfirst expected DPU will be around 10 cents
10/120 = 8.3%

Arreit expected DPU 7.2 cents
7.2/90 = 8%

Qcapital expected DPU 8 cents
8/1.05 = 7.6%

Axreit expected DPU 17 cents (this one can improve further compared to others)
17/230 = 7 .4%

So most roughly around 7~8%, as most price are surging lately, if not, average is about 8%.

You need to get into the shoe of fund managers especially foreigner one.
They are having zero interest rate, bonds yield also extremely low due to bond bubble, as compared to 2-4% in bond, 6% is still decent for them.

They need large cap reit for their large appetite.


6 cents DPU/150 = 4%, net yield 3.6%, might as well park in FD, safer.
Doesn't make a lot of sense for people to invest at 1.50, unless we are having properties bubble to drive it to this level.

In order for it to rise to 1.50, you need DPU improvement to around 7-8 cents at least to justify the rise.

Interesting...Thanks yok70 and cherroy to enlighten me. I only hold TowerReit and CMMT at the moment. Sorry I do not follow others closely. Interesting to learn 7%~8% return still achieveable.

I have strong confidence on CMMT management, maybe the yield may not be as good as others now. But It has very much potential to increase the rental as their properties are located on very strategic location. Almost 100% occupancy rate.

How do you get 10c DPU? Isn't it 4.81c for the first Q?