Nothing to shout about though as it was lower then the previous distribution. The previous corresponding period was 3.78 sen. I suspect that the upward movement of the price was due to unloading and profit locking.

whizzer,

You have a million units of QCAPITA?

whizzer,

Ya, I know. Just messing with you, since you mentioned you can "splurge without guilt", I thought you have 1 million units

cherroy,

Lower in terms of past period, and higher in terms of previous corresponding period. With a low yield and very little catalyst of growth, the surge in its price is baseless. That was why I was responding to a member's post regarding the surge in price.

cherroy bro,

Lets put it this way. Past period in my language means the period from July - December (Q3 - Q4)

whizzer,

It is irrelevant, as residential property pricing does not affect commercial property prices.

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Added on July 30, 2010, 9:34 pmwhizzer,

Let me reiterate, the increase of 3 cents in QCAPITA's price yesterday was baseless, as it is expensive in every way we look at it. Also, traders take advantage of yesterday to lock in their profits. So I'm looking forward for QCAPITA to drop a little further, perhaps another 2 cents.

This post has been edited by Jordy: Jul 30 2010, 09:34 PM

kmarc,

There are more to come next week

jasontoh,

You remembered correctly. I have been holding on to my AXREIT and ATRIUM since last year. My ATRIUM is giving me 33.7% capital appreciation and 11.3% yield. I will keep holding it until the price hits 1.10 (which is very possible) or until circumstances changed.

kmarc,

You will earn your shark's fin after you receive the cheque

sopol,

Receiving your first distribution from a REIT?

zamans98,

What new comments would you expect for AXREIT? From the past, all the research papers I've seen for AXREIT are about the same

SKY 1809,

Wasn't this the same report you posted before?

August was my dividend month. Rewarded myself with a new car

Of course not one quarter la. It has been 6 quarters since I started collecting dividend stocks before I could afford to get myself a new car. Now my quarterly dividends will be going towards paying my loan

whizzer,

Well, that's a start, but do not aim to buy a car like me. Aim to buy a house is better as it will be a valuable asset. I bought this car out of necessity.

jasontoh,

I am actually managing more than that amount in my portfolio, but not all in REITs.

whizzer,

You must be either putting a lot of money down for your first home and car or very short tenure of loan. Since you have your first home already, acquire a second house and rent it out. The dividend will only be used in the case of vacancy or tenant defaulting. Part of the dividend can be placed somewhere else, perhaps reinvested.

REITs is not like unit trust though. How can you invest RM1,000 into REIT when half of the industry is priced at RM1 and above? Besides, you will be losing out on the brokerage fee if you invest in such a small amount. It would be better to invest in a lump sum or commit RM1,000 to unit trust.

whizzer,

That is a good start indeed. You are on the right track

jutamind,

"if the stock price of REITs goes down a lot during market crash, do you buy more to average down the cost of investment? or sell off to protect the principal?"
- If the price goes down a lot, why would a person sell it for no gain? Of course average down the cost.

"when the price goes sky high like now, do you sell off to take profit or hold on for dividend sake?"
- Take profit and do what with the money? I will just keep it and let it appreciate higher. REIT is an appreciating asset.

Preference shares have no interest or dividend entitlement.

Oppss, sorry for that mistake. Didn't go through the announcement

But still 5.65% is kind of low. They seem to have not found the right investment for their stash. Even the conversion will be at 30% premium, seems that STAREIT is at the losing end.

constant,

REIT management company will need to first propose the new acquisition for shareholders to vote. Nothing can be decided by the management companies themselves.

Who says that expansion through new acquisition is surely good? I for one do not go for that motion. If the yield for the new acquisition is below 8%, I will definitely go against the decision. But I will take into consideration the current DY for the counter. If the yield for the new acquisition is lower than the DY, then I will go against the proposal. If you are familiar with real properties in the country, you can even value the property yourself (that is if you do not trust the valuers).

As for AXREIT, I have confidence in the management because they have vast experience in the field. They started out as a developer before venturing out to starting Malaysia's first REIT. So I believe the chances of them making a wrong decision is slim. The only worry that most investors have with AXREIT is their habit of dealing in RPTs.

constant,

RPTs = Related Party Transactions.

moneyking,

What is wrong with this? That is common business transaction for YTL to increase their cash on hand.

teehk_tee,

As for tomorrow, the sharks will be selling out to those market fools who will be rushing to buy at a higher price, thinking that the price will be going up to reflect the price which KWB is selling their shares.