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 REIT V2, Real Estate Investment Trust

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teehk_tee
post Nov 25 2010, 05:54 AM

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QUOTE(yok70 @ Nov 24 2010, 11:33 PM)
Arreit jatuh today, any reason? Is it because of the water leaking issue in Parliament?  biggrin.gif
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what? scared the (only) tenant for parliament unhappy and move out? tongue.gif
teehk_tee
post Nov 25 2010, 10:46 PM

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QUOTE(groggy @ Nov 25 2010, 09:57 PM)
Hi darkknight,

Why do you think it could be conflict in future investment? I have some arreit too. Should we worry?

Thanks
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worry?
sell to me la i buy from you at 75 sen okay laugh.gif
teehk_tee
post Nov 30 2010, 12:32 PM

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sunreit.. imo is the highest premium reit in the market. it's debt is significant since Jeffcheah unloaded most of suncity's debts onto sunreit, and forecasted yield .. mm not attractive for me.

good thing is its probably the one with greatest capital appreciation since July.

This post has been edited by teehk_tee: Nov 30 2010, 12:33 PM
teehk_tee
post Dec 6 2010, 07:45 PM

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QUOTE(monkeyking @ Dec 6 2010, 06:50 PM)
icon_rolleyes.gif My choice.....AmFirst, Quill Capita, AmanahRaya, Al-AQAR KPJ, Tower & StarHill. whistling.gif
wub.gif Cheers brother...happy investing. rclxm9.gif  icon_idea.gif
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hehe, my taste a bit diff tongue.gif

AmanahRaya, Hektar, Axreit, Starhill laugh.gif
teehk_tee
post Dec 7 2010, 09:27 PM

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QUOTE(yok70 @ Dec 7 2010, 02:08 AM)
Mind share your view on Starreit?  notworthy.gif
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i think old dog Francis has something up his sleeves. Now that they only have 2 hotels in their portfolio it seems a bit sad.. and i'm sure they won't leave it at that. hmm.gif
teehk_tee
post Dec 7 2010, 11:43 PM

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QUOTE(cherroy @ Dec 7 2010, 11:10 PM)
It is published on every quarterly report.
For sure, there will be properties injection, they cannot sit with 500-600 million cash.

But I don't mind they wish to keep it as cash, and distributed as capital repayment or dividend.  whistling.gif  Joking only.
But this is not going to happen, as it has stated clearly on the rationalisation proposal, new hospitality properties will be injected.
One rumour is Pangkor Laut.
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Well it'll be nice if they do a capital repayment tongue.gif
teehk_tee
post Dec 8 2010, 08:17 PM

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QUOTE(yok70 @ Dec 8 2010, 10:28 AM)
I am surprise that the price of starhill didn't drop after announcement of all these. In fact, its 52 weeks high is 0.895, means current price has no discount actually. Guess most investors are having confidence on YTL eh. And the injection of new properties should come before next qtr report it seems....I with to buy when it dips, but that dip not yet arrive... biggrin.gif
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yeah i was surprised too, thought it could fall back to 85 for me to accummulate tongue.gif
old dogs got some skill brows.gif


Added on December 8, 2010, 8:18 pm
QUOTE(carmentee @ Dec 8 2010, 05:52 PM)
whar about arreit?
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QUOTE(MNet @ Dec 8 2010, 08:11 PM)
Yah i also looking for arreit
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arreit is AmanahRaya in that link. smile.gif

This post has been edited by teehk_tee: Dec 8 2010, 08:18 PM
teehk_tee
post Dec 22 2010, 05:45 AM

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QUOTE(darkknight81 @ Dec 22 2010, 05:38 AM)
I thought it is a mandatory?

If got to reciv cheque again then mati lor..... at least 1 month .... Looks like my night mare of waiting dividend cheque not yet ended  doh.gif


Added on December 22, 2010, 5:39 am

Thanks bro. Pls don use cheque i am sick of it...... icon_question.gif
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i hope it's e-dividend as well.. biggrin.gif

--
bought first tranche of ATRIUM @ 1.05. smooth sailing all the way! icon_idea.gif
teehk_tee
post Dec 22 2010, 09:22 PM

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yay! got my ARREIT divvy through the mail ! yum yum yum yum
teehk_tee
post Jan 2 2011, 01:51 AM

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QUOTE(MNet @ Jan 1 2011, 03:13 PM)
reit that have dropped a lot doesn’t mean it is cheap. You got to do your homework. The market price tells you nothing.

To make big money from reit is not the dividends! You buy a reit with fat dividend yield and sooner or later, someone will bid up the price while pulling down the yield.
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I'm curious as to your purpose of buying reits if not for the yield hmm.gif
teehk_tee
post Jan 5 2011, 02:23 AM

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QUOTE(Bonescythe @ Jan 4 2011, 04:27 PM)
What do you guys think about the outlook of SUNREIT ?
It is quite new actually, and had paid out 1st Quarter of Dividend for the 1st Financial year.

According to the Estate Manager, they will be paying 100% to the investor for the 1st 2 Financial year. Starting from 3rd year, they will be paying out 90%.

1st quarterly dividend is around 1.51 cents..
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1.51 cents annualised will be 6 cents, roughly about 6% gross yield. the shares are trading at a steeper premium than most other reits. Personally I go for Atrium, Hektar & Arreit, all which deliver in region of 8%. smile.gif
teehk_tee
post Jan 26 2011, 11:04 PM

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QUOTE(ryan18 @ Jan 22 2011, 08:37 PM)
hi can uni students buy REIT? I know that if want to open account with a broker need to be at least 21 yr old.And how much is the min investment for REIT? Which REIT is good Im planning to buy CMMT or either STAREIT. But I think now STAREIT not so attractive since most of the assets are in Starhill Global REIT which is listed in Singapore.
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21?
i was 18 when i opened my brokerage account.

you should be able to open it with ease.

This post has been edited by teehk_tee: Jan 26 2011, 11:05 PM
teehk_tee
post Jan 27 2011, 09:26 PM

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QUOTE(Jordy @ Jan 27 2011, 08:08 PM)
Damn, AXREIT price still stuck at 2.40 and no excitement over ATRIUM's announcement. Very little ang pow this time around sad.gif
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yeah, Atrium seems to .. be ignored. sad.gif
teehk_tee
post Feb 10 2011, 12:35 PM

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QUOTE(MNet @ Feb 10 2011, 11:54 AM)
http://mreit.reitdata.com/ is not accurate

Let take arreit for example

user posted image

total dividend for 2010 is 0.0938

Let take the 3 yrs high price which is 0.980

the dividend is 0.0938/0.98 x 100% = 9.5714%

where else http://mreit.reitdata.com/ say 7.526%
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that website takes trailing DPS to calculate the yield.
plus, you overlooked something, your table is for CY2010. ARREIT's payment cycle starts itself on april/may when it declares its 1Q.

the payment in #4 was for their accounts ending FY2009, and during FY2009 they made half-yearly payments instead of quarterly payments in FY2010.

so your calculations was for 5 quarters instead of 4 quarters. tweak your numbers and you'll find it hits around 7.5% gross.

This post has been edited by teehk_tee: Feb 10 2011, 12:37 PM
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post Feb 10 2011, 01:04 PM

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QUOTE(MNet @ Feb 10 2011, 12:59 PM)
wat mean by trailing DPS?
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distribution per share for the previous 4 quarters (starting from the latest reported quarter).

say we're in (unreported) 3Q 2010 now, trailing DPS would be for 2Q10, 1Q10 , 4Q09, 3Q09
likewise for 2Q10, trailing would be 1Q10, 4Q09, 3Q09, 2Q09.
teehk_tee
post Feb 13 2011, 06:09 AM

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QUOTE(WagnerK @ Feb 12 2011, 03:59 PM)
ARREIT had issued new units at RM0.84, a price lower than NAV for the acquisitions of Selayang Mall and Dana 13 in the middle of 2010. So, I guess that could explain the dilution in NAV.

  The number of units in ARREIT had increased from about 430 million units to about 570 million units in May with the injection of new properties. Therefore, I guess we can’t exactly expect ARREIT to distribute a similar amount in 2011 as it did for 2010..

  After the acquisitions in May, ARREIT had realized earnings of 1.881 cents in Q3 2010.. For Q4 2010, ARREIT had realized earnings of 1.762 cents but if we strip off the one-off corporate exercise expenses, the earnings would have been about 1.880 cents..

  So, if we annualize the earnings of H2 2010 which is a better indicator of future earnings without accounting for any rental growth, we could roughly estimate the annual EPS of ARREIT to be about 7.53 cents and gross DPU to be about 7.16 cents since for Q3 2010 and Q4 2010, ARREIT had maintained a 95% payout ratio..
Therefore, my estimate of the gross dividend yield for ARREIT at 94.5 cents is 7.6%..

  But then again, my estimates above will be rendered useless with the injection of the new properties purchased from PKNS and the resulting increase in number of units to about 695 million units..  smile.gif
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a very sensible analysis. notworthy.gif
teehk_tee
post Feb 17 2011, 06:11 PM

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QUOTE(ripalo @ Feb 17 2011, 01:19 PM)
Hi cherroy, thx for your help. But looks like I won't be able to trade shares till October.
Damn rule says its 21. sad.gif. Even when I asked the stock manager he did not know until he checked it up with hq.....sad.gif
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i opened my first CDS account when i was 18 smile.gif you should be able to do it with no problems.
teehk_tee
post Feb 17 2011, 06:33 PM

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QUOTE(ripalo @ Feb 17 2011, 06:14 PM)
This now I went to maybank he say 21 yrs old.

I went to CIMB the guy said 18 yrs old but must have min. 10k.

You guys know what is the actual condition? Seems to me that maybank and CIMB guys don't really know what they are talking.

I only have 1k...plan to buy REITs....just better than put FD la.....

Also, cimb or maybank have less brokerage fee? Coz im buying like 1k only....if brokerage fee too high then no point d right?
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lol, they don't know what they're talking about.
u can open a share trading account with rm 0, and over 18.

standard brokerage for margin account is around 0.4%, for cash (no margin) account is 0.1%, but that doesn't matter since you're using less than 5k. look for brokers with lowest minimum commission instead to save on commission.

dont know about the rest but hong leong cash acc is 0.1%, rm8 min. which works out to about 0.8% per transaction in your case, so you'll need to account for that when u decide whether to invest in REITs or not.

hope this helps.
teehk_tee
post Feb 17 2011, 10:50 PM

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QUOTE(ripalo @ Feb 17 2011, 09:41 PM)
Oo...don't need to pay anything?

So wait, if i want to register for itrade or something, can someone tell me the PROPER PROCEDURE so i can teach those noobs?


Added on February 17, 2011, 9:50 pmI know this is the wrong place to put this but I just want one statement here.

I recently go to maybank, cimb bank and also easy bank ask abt fd details and investing details. All of them giving me xxxx answers. The one in easy was the worst. Go there he don't even know FD rates. ==. Some more tell me FD got 3 kinds of interest. Daily, monthly, yearly. Really want to kick his ass. What happened to quality service in the banking industry.

Maybank - lcct
CIMB - nilai putra
Easy - nilai inside 9 avenue.....
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lol that's what happens when u hire almost anybody. go make a complaint if u want haha
anyway, regards to procedure to create an account with HL, all i did was to pop by their office at menara HLA with 3 months bank statement or bank book, then fill in the CDS form, the trading account form, e-dividend form, cash account form, settle, pay rm10 for CDS opening, settle. i don't remember doing anything else.. hmm.

FD-wise, just pull out your FD, you won't have to lose anything, worst also lose your interest only.

sorry for OT sweat.gif
teehk_tee
post Mar 9 2011, 07:31 PM

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wah CIMB iTrade so expensive ..
mine only rm8 minimum.

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