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 REIT V2, Real Estate Investment Trust

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dopp
post Jul 25 2011, 10:10 AM

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hmm i dont have the column at all.. how do u get that view
wongmunkeong
post Jul 25 2011, 10:36 AM

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QUOTE(dopp @ Jul 25 2011, 10:10 AM)
hmm i dont have the column at all..  how do u get that view
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U can customize your view by clicking on "Customize Columns", the icon to the left of the calculator (the bar below "Search Stocks").
Hansel
post Jul 25 2011, 01:06 PM

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QUOTE(wongmunkeong @ Jul 25 2011, 07:39 AM)
Hm.. not only that, anyone noticed the P/E is missing from the online screen or is it just HLeB's? For SUNREIT i understand lar, less than a year old but ARREIT also no P/E?
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Sharp observation there, WongMK.

I too see quite some left-outs every now and then, and here and there too with these counters. I wondered if these 'non-disclosures' are done deliberately.
wongmunkeong
post Jul 25 2011, 01:10 PM

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QUOTE(Hansel @ Jul 25 2011, 01:06 PM)
Sharp observation there, WongMK.

I too see quite some left-outs every now and then, and here and there too with these counters. I wondered if these 'non-disclosures' are done deliberately.
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Hansel, the last i saw this happening (now U see it, now U dont for P/E) was Shell.. and shit happened! cry.gif
mopster
post Jul 25 2011, 02:52 PM

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QUOTE(yhtan @ Jul 22 2011, 02:40 PM)
Stan Chart move out because they want to renovate the whole building, no?
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i doubt it's just for reno hmm.gif
please refer to this link...
http://www.standardchartered.com.my/person...newbranch_mnbnr

if i'm not wrong the branch at amanah raya building has moved there...

Added on
hi, jtleon.. i found the answer already...
Sime has extended the tenancy for UEP smile.gif
please check the attached image..

yeeck
post Jul 25 2011, 02:57 PM

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Here's my screen from OSK.


Attached thumbnail(s)
Attached Image
teehk_tee
post Jul 25 2011, 04:58 PM

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QUOTE(jtleon @ Jul 24 2011, 12:16 PM)
i got ARR back in May 2011, @0.95  sad.gif
thinking of buying @ 0.91 now......
but i also put  my eyes on ETF counter 0820EA FBMKLCI-EA as im thinking not putting everything in REIT, and shares are too volatile and MF has higher fees than ETF....anyone here also invest in ETF?

we do not have ETF specific thread here, as there are too few ETF in malaysia.


Added on July 24, 2011, 1:12 pm

icon_idea.gif  thanks for the info.  may i know where you see this?
i cannot find it here in http://www.arrm.com.my/
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ETF only got 5 ETFs.. low liquidity.
Evening
post Jul 25 2011, 05:32 PM

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Does anybody know how much is the Axreit dividend announcement for the 2nd quarter ?


Added on July 25, 2011, 5:40 pm
QUOTE(Evening @ Jul 25 2011, 05:32 PM)
Does anybody know how much is the Axreit dividend announcement for the 2nd quarter ?
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I hv got the answer already.
4.50 cents per unit for 2nd quarter ... tongue.gif

This post has been edited by Evening: Jul 25 2011, 05:40 PM
teehk_tee
post Jul 25 2011, 05:44 PM

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QUOTE(wongmunkeong @ Jul 25 2011, 01:10 PM)
Hansel, the last i saw this happening (now U see it, now U dont for P/E) was Shell.. and shit happened!  cry.gif
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i think it's ok if u see their distribution and income statement. they literally give out all their money after deducting for managers / trustee fee.

looking at their ARREIT's recent distribution statement, after distribution retained income is RM546,608 / 0.00953 Sen per Unit.

going by HLe's rounding up system it's negligible earnings hence P/E is that way.. at least that's my presumption. thing with reits is different reits have different payout ratios, importance is consistency, yield, occupancy & tenants, and income growth. smile.gif

2 sens.
wongmunkeong
post Jul 25 2011, 05:51 PM

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QUOTE(teehk_tee @ Jul 25 2011, 05:44 PM)
i think it's ok if u see their distribution and income statement. they literally give out all their money after deducting for managers / trustee fee.

looking at their ARREIT's recent distribution statement, after distribution retained income is RM546,608 / 0.00953 Sen per Unit.

going by HLe's rounding up system it's negligible earnings hence P/E is that way.. at least that's my presumption. thing with reits is different reits have different payout ratios, importance is consistency, yield, occupancy & tenants, and income growth. smile.gif

2 sens.
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Bro Teehk_Tee, we were pointing to HLeB's screen with 0 (zero) P/E for ARREIT wor

http://forum.lowyat.net/topic/1362442/+2306&#
teehk_tee
post Jul 25 2011, 06:14 PM

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QUOTE(wongmunkeong @ Jul 25 2011, 05:51 PM)
Bro Teehk_Tee, we were pointing to HLeB's screen with 0 (zero) P/E for ARREIT wor

http://forum.lowyat.net/topic/1362442/+2306&#
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im on Hle also.
P/E is N/A right..
the system calculates P/E as market cap over Net Profit. in the quarterly reports posted to bursa the declared net profit was 0.000 while the 2 rows below are correct, income = 1.91 sen/unit, distribution = 1.81 sen/unit.
i think is selective disclosure or accounting practice. because in the distribution statements posted along with the cheques it does declare a slight 0.1 sen income retained (no mention of profit).

selective disclosure why.. probably because PER would be 248 with that tiny profit they are ploughing into retained earnings.

but im no accountant. the disclosure on my distribution statement has been transparent, not sure whether it is something between bursa and the trustee?

certainly is a good question to ask... maybe i should go ask my accountant friends. hmm.gif

This post has been edited by teehk_tee: Jul 25 2011, 06:26 PM
jutamind
post Jul 25 2011, 06:39 PM

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managed to get some arreit at 0.905. very strong support at 0.91 but volume is thinning. might break below 0.91 soon i guess.
wongmunkeong
post Jul 25 2011, 06:55 PM

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QUOTE(teehk_tee @ Jul 25 2011, 06:14 PM)
im on Hle also.
P/E is N/A right..
the system calculates P/E as market cap over Net Profit. in the quarterly reports posted to bursa the declared net profit was 0.000 while the 2 rows below are correct, income = 1.91 sen/unit, distribution = 1.81 sen/unit.
i think is selective disclosure or accounting practice. because in the distribution statements posted along with the cheques it does declare a slight 0.1 sen income retained (no mention of profit).

selective disclosure why.. probably because PER would be 248 with that tiny profit they are ploughing into retained earnings.

but im no accountant. the disclosure on my distribution statement has been transparent, not sure whether it is something between bursa and the trustee?

certainly is a good question to ask... maybe i should go ask my accountant friends. hmm.gif
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rclxub.gif bwhahaha - sorry ar bro Teehk_Tee. What U said earlier and above - way WAY over my head now (i need coffee.... zombified).
teehk_tee
post Jul 25 2011, 07:02 PM

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QUOTE(wongmunkeong @ Jul 25 2011, 06:55 PM)
rclxub.gif bwhahaha - sorry ar bro Teehk_Tee. What U said earlier and above - way WAY over my head now (i need coffee.... zombified).
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no, u got a valid point. but i think there's a slight difference in accounting principle interpretations for arreit. so that could be the reason because in their statements they don't mention profit at all. it's just retained income, distributed income etc.

at least thats what i think. but dont take it from me because i got vested interest in Arreit. (and a lot as well tongue.gif)
gark
post Jul 25 2011, 07:06 PM

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QUOTE(wongmunkeong @ Jul 25 2011, 05:51 PM)
Bro Teehk_Tee, we were pointing to HLeB's screen with 0 (zero) P/E for ARREIT wor

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For REIT's you don't need to see PE, because PE can be distorted by valuation gains, which you can see but not touch. tongue.gif

DY is the better term to compare the performance of REITs, and also DY growth & Gearing. Other than that PE, BV, cash etc hold not much value. laugh.gif

This post has been edited by gark: Jul 25 2011, 07:07 PM
xjeez
post Jul 25 2011, 07:57 PM

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QUOTE(Evening @ Jul 25 2011, 05:32 PM)
Does anybody know how much is the Axreit dividend announcement for the 2nd quarter ?


Added on July 25, 2011, 5:40 pm
I hv got the answer already.
4.50 cents per unit for 2nd quarter ... tongue.gif
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AXREIT really goreng, +7 cents after announcement.


wongmunkeong
post Jul 25 2011, 08:09 PM

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QUOTE(gark @ Jul 25 2011, 07:06 PM)
For REIT's you don't need to see PE, because PE can be distorted by valuation gains, which you can see but not touch.  tongue.gif

DY is the better term to compare the performance of REITs, and also DY growth & Gearing. Other than that PE, BV, cash etc hold not much value.  laugh.gif
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Aiya bro Gark, i'm a typical kiasi Cina beng mar. All other investments and trades can see P/E - this one buta buta elek, chicken shit lar, especially when this happened to Shell several years back. Floor may be full of feathers tongue.gif

The more info / data, the better heheh brows.gif

This post has been edited by wongmunkeong: Jul 25 2011, 08:10 PM
Evening
post Jul 25 2011, 08:45 PM

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QUOTE(xjeez @ Jul 25 2011, 07:57 PM)
AXREIT really goreng, +7 cents after announcement.
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Yeah, since last 2 weeks, it price was up and up actively . thumbup.gif
yok70
post Jul 26 2011, 10:41 AM

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Axreit income dropped 10%? Anyone know what's the reason? notworthy.gif
Evening
post Jul 26 2011, 12:19 PM

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QUOTE(yok70 @ Jul 26 2011, 10:41 AM)
Axreit income dropped 10%? Anyone know what's the reason?  notworthy.gif
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I think one of the reason is due to loss on the disposal for one of the property .

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