Cherroy,
today i phone call the bank agent,
according to them, if i want to choose the option for reinvestment my dividend,
may need to charge RM15++ for the stamped duty, really ?

So now Axreit implement the optional whether we want to choose for cash distribution or reinvestment plan,
I heard bank agent do inform me that, every quarter we may still need to give decision to Axreit whether we
choose cash distribution or reinvestment back,
Wonder do u hv any idea on this ?
Very troublesome.

I don't know about the issue of stamp duty.
You are using nominee account?

Yes, it is always optional, you need to inform them (axreit registrar) you want to reinvest.

Personally, I will not opt for reinvestment, odd lot popping up, which I hate the most,
and I want cash which give me more flexibility, whether to reinvest, or invest elsewhere. I would rather use the cash to reinvest myself in the open market, instead reinvestment that popping up odd lot here and there.

Cash is very important in a market uncertainty time, especially with lot of turbulence in the stock market for the late few years.

Above just my preference, not necessary right or wrong.

Yes, I'm still holding the nominee account , my working place quite far to go down to bank, so i let bank to manage for me.
if really the stamp duty going to charge me RM15++, then no choice i hv to choose back the cash distribution directly .

Haiz....deduct me RM5.50 rather better than let them deduct RM15++ for stamp duty.

This post has been edited by Evening: Jul 26 2011, 10:31 PM

I see. Thanks!

Bro Evening - which security firm's nominee account are U using that charges U $5.50 for the dividends ar? Or i missed something and the $5.50 = 10% single-tier tax at AXREIT's side before shooting out the gross dividend to U (via yr nominee a/c)?


This post has been edited by wongmunkeong: Jul 28 2011, 10:39 AM

Tower Reits price hit RM1.29 today. Expecting higher dividend compared to last year? Fingers crossed....

If I were you I would dispose all Tower REITs share, which actually I did 6 months ago. Due to the reason of declining demand of office lots since there are more newer buildings are coming up.

Therefore the future is known for limited growth to expect. Just my 2 cents.

and when there's fear in the market.. crazy disposal.. value investors steps in

Nothing to goreng, goreng REITs ? Hahaha

Play DY% mar. Price plummets, and enter during fear = good DY% if div paid out doesnt plummet in same % as market price. Boney - U & i + most others here know market's price is not 100% reflective of actual business mar. Thus value hunters will definitely snap them up at certain price points

This post has been edited by wongmunkeong: Jul 27 2011, 03:12 PM

Yea.. Slow and steady win the race..
No wonder I always lose.. Want fast fast fast.. Fast in fast out.. Sigh

Wei - heard U making a killing at the other topic

Anyways, why not best of both worlds? Take 5% of yr net worth or portfolio and go trade? Scratches the itch + still controlled risk & growing. I bet U doing this while your slow & steady mountain keeps piling up

Sometime fast in fast out, will fall down and get hurt de leh

That's why gotta use protection (Entry & Exit rules) right? With a plan, U can avoid big injuries that will take U out for good. Minor bumps and scratches can heal easily in time, especially when U are controlling your exposure (sizing) and risk %. Right or right?

Goreng REIT is a good strategy too.. but you need huge capital...and low trading fee. I have previously read someone's track record, they can get >5k per month consistently from goreng-ing REIT's

Good lord - really? Reverse methodology of warrants & options (leveraged to the hilt)?

Huge capital + low trading fees..in terms of net returns over capital exposed (employed) should be very very thin lor. May be worth the effort & risk if this capital is just a small part of his/her total net worth gua.

When loading up, how to ensure the volume doesnt move market price up and when unloading - how to ensure it doesn't move the market price down (such volume wor)?

This post has been edited by wongmunkeong: Jul 27 2011, 04:10 PM

U leave me no other option but to say RIGHT!


Hahaha

REIT are relatively stable... so with large capital & low trading fees, you might eek out 0.3%-0.5% gain in each trade (after fees). Lets say you trade once a day, for 26 days the miniscule returns will be compounded, I am sure you can count the returns? not bad right?

If a trade do fail, mah keep for dividends lor... and sell after the price goes up again. Worse come to worse REIT can at the most fall 1 cent/day only mah...

Heh I am still learning this methodology and still don't have the guts to try it out yet.

Just do it.. Then you will ok ok in the future

Atrium first time proposed an acquisition.