i think the trailing dpu/dps was something like 9+ % , which is really very attractive. not sure whether the recent earnings have factored in the selayang mall rentals or not, but like jordy said, 7.25% on the back of 9+% means an automatic dilution of yield.

if they aggressively expand, earnings will rise, but depending on the tools they use to expand and the various costs, dpu probably will still increase even with new acquisitions. so yield is sustainable depending on the tools they use. i think the more they fund by borrowings and loans, the more beneficial to minority shareholders

Is this like buying a house for investment purpose?  i.e. If you manage to rent out the house higher than the amount that you have to payback, you are actually gaining the difference.

you think so? it can go down to 0.83-0.85?
but i was thinking, when looking at cmmt and sunreit, which both give low yield around 6.x-7.x% for current price, still able to keep their price stable if not even moving up further. I mean, after arreit increases capital, this alone seems to attract more investors. 

i was under the impression that m-reits were very much affected by yield? except for CMMT and Sunreit which i think is because of institutional investors. thanks for clarifying

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Added on September 6, 2010, 7:31 pm
i think current rise is just overreaction. my opinion is that its unlikely to remain above 88 for the remaining financial year. if im wrong then can't accummulate at 85 d

AXREIT seems to be a tool for speculation now. Suddenly 1 lot traded for 2.15 during the first half, which boosted the price to 2.15. At this price, the yield at 7.44% seems to be pricey now. Is there going to be some good news coming out from AXREIT?

Great to know that there are people out there who are willing to sacrifice for the benefit of making my REIT portfolio look good 

Before BI:
par value: 1.00
share issued: 10 million
share price: 3.00
market cap: 30 million
eps: 0.10
cash: 15 million

After BI of 1 on 1:
par value: 1.00
share issued: 20 million
share price: 1.50
market cap: 30 million
eps: 0.05
cash: 15 million - 10 million (the increase shares) * 1.00 (par value of 1.00) = 5 million.
Is the above correct? Especially the cash part. 

Another question is,
If X = share issued * share price,
what do we call this X?

Please allow me for further exploration on this.
1. So BI's expenses derive from retained profit, the same case as when offering cash dividend?
2. When BI time, the company need to pay for per par value(1.00 in my example) or market value(1.50 in my example)?
3. In Balance Sheet, the retained profit does not sit under Cash column?
4. When a company IPO, is it possible that not all shares were purchased by investors? If that happened, what will happened to the rest of the shares?

Any one of you here received your Q-Capita divvy with payment date of 30 Aug?  I have not received mine... 

IMHO, I think another plus for stocks like CMMT/SUNREIT would be its comparatively higher trade volume because of their size. Means that if one want a more liquid REIT don't mind sacrificing the net yield, these are the ones to go for.

mind to ask the development of Stareit ?
has everything (RPT) completed ?

  Any probability of the Malaysian Government giving tax reduction of 10% in the October 15th Budget?....what say you all!!   Would you think that the Malaysian Government will let the REITS grow to catch up with the REITS market in SINGAPORE & Hong Kong? Is our present BN Government is a good listener...I doubt so!!
Fat hopes is the most probable reply.  Yours too????
Cheers to all.

Thank you WagnerK. Does it mean if I sell AmFirst once I received the dividends and then buy similar reits that will give me another round annualised yield of about 20%+ (over a 2 month period), and I do it repeatedly, I can "actually" earn annual yields of about 20% on reit investments?

Thanks again.

I too bought quite a large number of STAREIT shares at around your price too [just recent pick plenty more at around 85 cents] for it's quite decent dividend. Maybe, YTL will inject the properties after the October 15th budget while hoping for the 10% tax reduction.  I am sure Francis Yeoh knows his STAREIT is not moving as I have read it somewhere that he did say something about STAREIT share prices are not moving even though it's NTA is high......presently it's NTA is this...
The YTL stable of companies owns about 60 to 70% of STAREIT[ I don't know that actual figure though]........so dare I say YTL Francis Yeoh will take some concrete action. Maybe he will give higher rental for the incoming hotels that is going to be injected into STAREIT so as to give higher yield & thus move up the share price......well, just maybe only. Surely he has alot to gain by giving more rental to the hotels in STAREIT because what he gets from STAREIT will go back to the YTL group of companies......just remember this...

I noted that some reits with higher PE ratios also have higher dividend yields than those with lower PEs. Example (data from The Malaysian Reserve of 24 Sept 2010.)
Reit "X": PE-9.5; Gross Dividend yield-8.10
Reit "Y": PE-6.8; Gross Dividend yield-8.0
Based on general views that lower PEs are generally "preferred" by investors, does this view also applies to investment in reits?
Advice much appreciated.

hi all,
im a beginner in REITs, wanting to make my first purchase
my question is: how do I pick which REIT is right for me?

Sometimes, I wish someone can pick a girl as my future wife so that I will not be in dilemma in choosing 

any new interesting reit gonna be listed ?