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 REIT V2, Real Estate Investment Trust

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HJebat
post Mar 15 2011, 08:39 AM

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Why do people tend to compare FD rate with REIT's yield?
What about ASW / ASM dividend yield? Aren't those a better comparison with REIT dividend yield?
HJebat
post Mar 15 2011, 01:43 PM

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QUOTE(ripalo @ Mar 15 2011, 09:06 AM)
Hmmm. REIT dividend is higher?
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REIT dividend is about 7-8%. Minus withholding tax, should around 6-7%. Almost the same as ASW / ASM. This should be a better comparison than FD, no?
HJebat
post Mar 16 2011, 12:01 PM

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QUOTE(smartly @ Mar 15 2011, 04:01 PM)
given choice, i would prefer to park $$ at ASW/ASM but the question is how many can access to this two funds in respect of the low quota and age restriction. ?? it left no choice to choose REITs as an alternative.
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QUOTE(2010May @ Mar 15 2011, 09:13 PM)
REIT dividend is something like fixed income (it is mainly depends on rent except BSDREIT) as compared with ASW / ASM.

REIT / FD / Bond are almost like fixed income (although REIT / FD / Bond are different).

ASW / ASM provide dividend which was quite constant but it still depends much on the investment profit that year. So people usually compare REIT with FD.
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QUOTE(ripalo @ Mar 15 2011, 09:42 PM)
Furthermore not everyone can buy ASW/ASM. (especially non-bumi)
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ya, the quota thing is the limitation. Still, ASM & ASW offer zero risk (almost), which is why i post the question. With REIT, as long as you have bullets to shoot, it's fire all the way til you run out of ammos laugh.gif
HJebat
post Mar 17 2011, 02:15 PM

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QUOTE(2010May @ Mar 16 2011, 08:14 PM)
Impossible almost zero risk for ASM & ASW. I know that they constantly pay good dividend but they are still investing in stocks market.

We can only say that ASM & ASW have skillful trader / portfolio manager.
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I thought the government guaranteed the unit to stay at RM1.00. Meaning that either you buy or sell, it is always RM1.00 per unit. Which is the reason i'm saying it is almost free of risk. Dividend yield is another story. It could be high or low depending on the market. But as far as i know, highest yield that i have received is 8% while lowest is still a respectable 6.6%.
HJebat
post May 15 2011, 08:27 PM

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QUOTE(omgimnoob @ May 15 2011, 08:13 PM)
yes...go for hospital, and shopping mall!!!!!
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al-aqar, hektar & cmmt, yea?

HJebat
post May 16 2011, 10:27 AM

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QUOTE(omgimnoob @ May 15 2011, 08:41 PM)
shhh...later the price shoot up very high...
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Ooo...ok, ok.
If the price really shoots up, we spread negative rumors about those 3 pulak...
see if the price will come down or not for us to collect brows.gif

QUOTE(cwhong @ May 15 2011, 11:11 PM)
hahaha biggrin.gif already high from my purchasing power .....  nod.gif
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same case.
regret that i didn't fire my bullets when they're cheap during the 2008 crisis.
back then, the yield was around the early teens.
now, the price is not of my liking already cry.gif
still waiting for another crisis to hit reit whistling.gif

HJebat
post May 16 2011, 05:24 PM

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QUOTE(jtleon @ May 16 2011, 12:07 PM)
CMMT jumps from 1.08(end of march 2011) to 1.17(now)
didn't mange to get in earlier sad.gif
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Just curious...

Why do you want to buy into a reit that offers a yield of 2.9%? hmm.gif

I think the yield haven't deduct the 10% witholding tax somemore...am i correct?

FD offers 3% with much less risk...

You have any insider info that i don't have? brows.gif

Come on, do share nod.gif
HJebat
post May 16 2011, 11:26 PM

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QUOTE(cherroy @ May 16 2011, 05:35 PM)
2.9%?
Half year, 2.9% may be.

It is a 5-6% yield.
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cherroy, do you have the formula to calculate net yield?

How to minus the witholding tax from the yield%?


QUOTE(omgimnoob @ May 16 2011, 10:54 PM)
If earlier didnt join in the boat, wait for another one...Keep your precious cash to join a new boat. 5 to 6% is yet to consider high return. Aim for 7 to 8% annually and diversify to different industries REITs.

Huat together!!!
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5-6% really doesn't attract my attention whistling.gif

I'm looking for 12-13%.

So, at the moment, i store my ammo in ASW arsenal.

Waiting for the right moment to declare war laugh.gif

Here's to our huat & fatt together! cheers.gif
HJebat
post May 17 2011, 12:49 AM

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QUOTE(wongmunkeong @ May 16 2011, 11:42 PM)
Even when i bought at end 2008 and early 2009, my net DY% never hit 12%pa to 13%pa leh. TOTAL returns got lar - inclusive of capital gains, but pure net DY%, elek
Perhaps another round of WORSE crisis, then can hit lor  tongue.gif
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Not pure net DY%pa...
If i'm not mistaken, it's just the normal yield for Axis or is it Atrium during the crisis hitting 12-13%.
So, say, i bought Axis/Atrium at 13% yield, how do i minus the 10% witholding tax?
After the 10%, i don't think i'll get 12-13%, maybe around 10-11%...

Crisis, crisis where art thou?
zam zam ala kazam...
show me the money tomorow moneyflies.gif
HJebat
post May 17 2011, 09:47 AM

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QUOTE(bullchips @ May 17 2011, 12:51 AM)
Looking for 12-13% ?  Where were you when Atrium was below RM0.65 early 2009 ? I bought at RM0.625/0.63 giving current yield of about 13.8%.
But would you dare to buy then ? None of my friends dared to touch the stock market at that time. The prevailing mood at that time was that the sky is falling down & the KLCI would drop to zero ?!

The thing about trading/investing is to be practical and able to anticipate well in advance possible catalyst scenarios & have the courage to act accordingly. Otherwise, success would just remain an elusive daydream.

If you can find any counters yielding a consistant divvy of 12-13% now, I am sure the whole of Lowyat.net ppl would like to know. Me included  drool.gif
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Like what Buffett said, i thumb-sucking that time lo doh.gif
12-13% yield is very attractive that time. But i'm still new to reit, do not intend to accumulate before i study it first.
Study punya study, still don't quite get it, so never get the chance to add into my portfolio shakehead.gif
Now, lagi no chance. Waiting for another crisis to show its ugly face laugh.gif
12-13% now? In this bullish market environment ka? Wah, i also want to know myself le drool.gif

HJebat
post May 17 2011, 09:53 PM

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I am very surprised to see some senior member actually don't know that we live our own life, and not other people's life. We live on our own expectation & not others'. One man's meat is another man's poison. One Junior Member's wish is another Senior Member's nightmare!

If we want to lose our job, it's our business & our life! If we want 30% yield, it's our expectation. So? What were they thinking?! They think they're so senior that they are highly respected & work for Welfare Department. There's a need to become busy-body & take care of every citizens' welfare. LOL!

Self-employed welfare department senior member also afraid of losing job laugh.gif Why? Not smart enough to play? Oh, i get it...Malaysia's share market is too tough. No worries, can always play Monopoly. Not smart enough? Ok, la...go play guli cool2.gif
rclxs0.gif bye.gif moneyflies.gif
HJebat
post May 18 2011, 08:26 PM

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QUOTE(wongmunkeong @ May 17 2011, 07:11 AM)
Heheh - my apologies HJebat. I track my investments in "net profit/loss" form, thus i disregard the gross DY%, not in my pocket = waffor, gimme false hope only that stats  sweat.gif
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wong, how do you calculate your "net profit/loss"?
& why do you put up that...that, apa nama that " " thing har? doh.gif telinga ka?

QUOTE(Currylaksa @ May 17 2011, 09:39 AM)
To get that kind of yields, you need to invest near to historical low.

For some of those REITs, it's when they first dropped post-IPO... now lambat liao rclxub.gif
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QUOTE(cherroy @ May 17 2011, 01:48 PM)
If you able find a 12-13% yield in current bullish market, then better be careful.
It could be too good to be true...  tongue.gif

Market is somehow got its own efficient, they don't wait for you to buy 12-13% yield good investment.
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Guys, that's why sometimes i bang my head on the keyboard; because i let that extraordinary moment to slip off doh.gif
If you were me, how are you going to react?
You know that early teens yield are a rare occasion for reit & that opportunity wouldn't wait for you.
But on the other hand, you have no prior knowledge about reit.
So, do you give it a pass while you equip yourself with enough info?
Or just grab that opportunity while it's still available?
HJebat
post May 18 2011, 10:21 PM

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QUOTE(cherroy @ May 18 2011, 09:12 PM)
My advice is always the same.
Don't know/understand, do not invest.

How do you ensure the reit won't go burst during bad time or when the yield is teen number time?
You/we don't know.
There were well known reit in overseas went burst during the global crisis time, and never recover until now.

Opportunity is always there, you don't need to buy at the bottom to make money.
You may miss the opportunity to make 50%, 80%, 100% return, but if well equiped yourself, and invest wisely, getting a 10%, 15%, 20% return also very good.

While if invest wrongly, money burned resulted in little capital left, which eventually you lose many many more opportunity in the future as stock market is
no capital, no talk.
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Ooo...so my thumb-sucking activity is correct, eh? biggrin.gif
Even almost after 3 years since the crisis, i'm still in beginner level sweat.gif
But when the next crisis come along, i know i'm more well-equipped than before thumbup.gif
Thanks, cherroy...for advice & infos rclxms.gif
HJebat
post May 19 2011, 11:34 AM

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QUOTE(wongmunkeong @ May 19 2011, 07:56 AM)
HJebat, my calc of per transaction's net profit / loss, even if still held (thus pre-calculated), assumes:

Current Closing Price (or selling price if i just sold)
+ Dividends Received

Less Costs:
  Purchase cost
  Selling Cost (pre-calculated)

and divided into 364.25 days pa of time between purchase and selling to get XX%pa profit/loss

The ears? "" - i like ears, nice to hold, especially beautiful women's  tongue.gif
Seriously though, i put "" as it's my personal definition of net profit / loss, even if still held. Some people tracks net profit / loss held without including the cost IF sold now. I'm more pessimistic that way  brows.gif
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I can't get the bolded part...

Current closing price + Dividends : RM2.25
Less costs : RM1.55
Bought in 2008 & assume that i sell in 2011.
How do i do the math when i reach the bolded part? hmm.gif
HJebat
post May 22 2011, 03:24 PM

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QUOTE(wongmunkeong @ May 19 2011, 12:20 PM)
To be clearer, i'll use the example below. Your data needs to be more specific in terms of Dividend amount, date bought (2008 isn't a date, it's a year), date sold  tongue.gif

Eg.
Bought: 1/1/2008
Bought at $1
Units: 3,000

Dividends: $0.10 single tier

Sold: 30/06/2009
Sold at  $1.20
Units: 3,000

a. Cost of Purchase = ($1 * 3,000) +brokerage +stamp duty
I'll assume here that Cost of Purchase = $3,043

b. BEP = Cost of purchase - Net Dividend received, say $3,043 - $300 = $2,743

c. Net Profit = Sales - (brokerage + stamp duty) - BEP,
say $3,600 -$21 -$2,743 = $836
Thus the pa% returns calculation based on the above (in Excel formula) would be:
((BEP +Net Profit) / BEP)  ^(1 / (Date Sold -Date Purchased) /364.25)  -1

where: (BEP +Net Profit) / BEP = simple Profit % (er.. minus 1 please from here)
where: (Date Sold -Date Purchased) = days held. Dividing this by 364.25 days will get U years
where: ^(1 / blah blah). The basic formula is derived from S = P * (1+%)^n

Anyone  rclxub.gif yet? heheh - it looks simple in Excel. Any maths genius can check the above? I just translated it from my Excel spreadsheet from interpretation of the cells' data - did my spreadsheet (finalized) several years ago  wub.gif
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wong,
thanks for your effort. Appreciate it thumbup.gif
I tried but failed spectacularly doh.gif laugh.gif
Not up to your standard yet.
Nonetheless, i'll keep your formula for future reference.


HJebat
post Jun 11 2011, 05:05 PM

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QUOTE(lordwood @ Jun 9 2011, 05:06 PM)
ECM Money has initiated coverage on CMMT. Target Price RM1.50.

[attachmentid=2263321]

(source: ECM Money dd 09Jun2011)
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Is that the sole fund/research house that initiated a coverage on CMMT?

I tried to find others but to no avail sad.gif

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