@return78,

I am new to REITs. Can u explain more about Capitamall?

Saw CapitalMall's Prospectus d in my workplace, will grab a copy. They are advertising a 6.9% return.

Provided it hits the forecast growth only... read the ** at the bottom...

That's why I said advertising

Not entirely convinced with it so far, to me Sunway's look better, but still learning so there might be things I do not realised yet

u from kl rite? check out the occupancy personally and do a survey on it.. haha

Damn,Sunway reit public share price went down to 0.88, Based on the revised dividend % to price, It would see it jump from 6.9% to around 7.6%

Not very sure you are correct or not, cannot directly derive the income I think. Because that might based on estimation of higher selling price, with lower selling price, trust might need to loan more money and make the interest higher, thus reduce distributable income and get lower yield (slightly higher than 6.9%, but 7.6% is unlikely)... imho.

CapitalMalls Malaysia IPO prospectus.

Something good to digest.
http://announcements.bursamalaysia.com/EDM...C1?OpenDocument

They do not own the entire SungeiWay mall, which is their main attraction

Presumed haha, But if indeed they are paying 7.6%, Then it changed from the least to among the highest dividend paying

Not quite right in this issue.

The income of the reit is fixed aka if sunway rental income is Rm100 million then no matter what the price of IPO, it won't affect the income or situation of the reit itself.

When IPO time, it is sunway sold their stake out of the reit, aka if the IPO price is lower, it just means the parent company is getting less from the IPO.
It won't affect the reit itself, nor the reit needs to raise loan.

So from your explanation, Is there a merit for price:dividend ratio of 6.9 jump to 7.6 based on its new price

I don't read the prospectus nor knowing the details inside, frankly speaking.
So I need some confirmation before can comment on this issue.

As I not applying the IPO either.

Might be true also... hehe... someone pls go and read and understand and let us know

My top choice are ARREIT and QCAPITA. I want to put AXREIT in too but since everyone says it's "over price" liao. Do you think its price will drop?

What's yours?


This post has been edited by yok70: Jun 29 2010, 01:45 PM

I think the word used was "fully valued" not overprice
Fully valued to me indicates that based on past & current performance record, it is at its fair value.
However, some might not think its overprice if they take into consideration the future potential.

Fully value is not equal to "over price"

Fully value, is just means current pricing is fair, not cheap not expensive, and according to general market perception what level it should be.

I see. So still can consider it then.
I always buy a few counters to diversify the risk. I don't mind pay a little more management fees

This post has been edited by yok70: Jun 29 2010, 02:40 PM

You read that in the Prospectus?

wat is withholding tax?

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Added on July 1, 2010, 9:08 amyes

This post has been edited by waiyokchin: Jul 1 2010, 09:08 AM