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 REIT V2, Real Estate Investment Trust

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debbieyss
post May 13 2011, 09:44 AM

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I believe housing bubble burst would affect the price of each REITs, right?

Do you guys think there would be housing bubble burst soon in Malaysia?


debbieyss
post May 13 2011, 10:33 AM

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QUOTE(hyzam1212 @ May 13 2011, 10:23 AM)
I would believe so based on the current trend. Supply>Demand hmm.gif
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According to historical charts of each REIT, we are half way through to the heights.
debbieyss
post May 14 2011, 11:47 AM

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QUOTE(omgimnoob @ May 14 2011, 12:41 AM)
But earlier this year is quite accurate...so believe no harm...as long as dun get burn..but hardly for REIT to get burn.

Even if get burn just wait to collect dividend to cover back paper losses...
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Agreed.

That's why I love REITs so much.
debbieyss
post May 16 2011, 04:58 PM

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QUOTE(monkeyking @ May 14 2011, 02:53 PM)
thumbup.gif Good of you.......you play smart & safe too. rclxms.gif If not familiar with shares forget them otherwise you may get burnt......hangus. laugh.gif  laugh.gif
wub.gif Cheers....you too have a great weekend too.....take care too. wub.gif
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actually i'm not really pro in investing REITs, i got quesiton to ask also.

Say, if i just want to receive dividend and am not planning to sell, do i still have to pay the brokerage fees, tax etc?
debbieyss
post May 17 2011, 05:19 PM

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Economics Crisis comes in every 10-year cycle. So I guess the next crisis should be in year 2018?
debbieyss
post May 17 2011, 05:45 PM

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QUOTE(Veda @ May 17 2011, 05:43 PM)
Yes, economic crisis appears to come in 10 or 11 year cycles.

However, stock markets do not only crash according to this cycle.

I was just a kid then, but I believe the Malaysian stock prices also went down badly in 1993 or 94 and around 2000?
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So, when is your next estimated crisis then? brows.gif
debbieyss
post May 21 2011, 11:05 AM

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I have few questions again. Just take AXREIT for example:

1.
CODE
Final distribution of income of 4.98 sen per unit (of which 4.62 sen per unit is taxable and 0.36 sen per unit is non-taxable in the hands of unitholders) in respect of the period from 29 August 2009 to 31 December 2009.

What does distribution of income mean? Distribution of Dividend?

2. After taken account of management fee, dividend rate of each quarter for AXREIT is 7-8%? Or 7-8% each year?

3. According to what I know, any REIT would not distribute the same dividend every year, right? So what is the minimum dividend rate for AXREIT?
debbieyss
post May 21 2011, 11:22 AM

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QUOTE(kmarc @ May 21 2011, 11:18 AM)
To answer your questions:

1) For REITs, the correct term is distribution per unit (DPU) rather than dividend. They are actually the same, in terms of you getting the money in the end! smile.gif

Take a look at my guide on "REITs and dividend" : http://forum.lowyat.net/topic/1039913
- Post no #5

2) Yield for REITs is usually quoted as % per year.

3) REITs usually distribute 90% or more of their profits. As such, the amount of DPU would depend on their profits and there is usually no fixed minimum dividend rate for any REITs. However, if that particular REITs has a stable income, you more or less would know how much they will get each year.
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Thanks for your reply.

I thought REIT distribute dividend 3 or 4 times a year? Or is it I mistaken?
debbieyss
post May 21 2011, 11:35 AM

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QUOTE(kmarc @ May 21 2011, 11:27 AM)
Nope. Some REITs give quarterly DPU, some give 6-monthly. Take a look here: http://mreit.reitdata.com/

In the "Period" column, you can see either 1H, 2H, Q1, Q4 etc. 1H means first half of the year, meaning that the particular REIT distributes every 6-months. Q4 means fourth quarter, meaning that that particular REIT distributes quarterly. wink.gif
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In that case, would every REIT give DPU on a fix momentum basis? Meaning if REIT A gives once every 6 months, forever gives DPU once every 6 months?
debbieyss
post May 21 2011, 05:08 PM

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QUOTE(kmarc @ May 21 2011, 03:44 PM)
Yeah, like cwhong said, they can change their frequency of giving out DPU.

Just curious on the term "fix momentum basis"? That's a banking term?  hmm.gif
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Erm.. I don't know if i'm using banking term, just to use the words that I and you also understand. laugh.gif

In that case, the DPU will go according to the performance of each REIT itself right? Eg. this quarter performance not good, dividend paid will be lesser?

If it is, normally how much dividend they will decrease?

This post has been edited by debbieyss: May 21 2011, 05:11 PM
debbieyss
post May 21 2011, 05:23 PM

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kmarc, thanks for the reply.

I'm comparing between REITs and Mutual Fund and actual property.

After super much study and considerations, the conclusion i get is - CASH is always the king, the rest comes later. laugh.gif

This post has been edited by debbieyss: May 21 2011, 05:23 PM

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