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 REIT V2, Real Estate Investment Trust

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sharesa
post Jul 18 2010, 12:37 PM

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QUOTE(SKY 1809 @ Jul 18 2010, 12:00 PM)
shakehead.gif 

REITS are not gambling tools. icon_rolleyes.gif

Some info/introductions here :-

http://realestate.financialplanningmalaysi...in-malaysia.php

Better if You can find more about REITS by reading more in V1 plus V2 , and to make a final decision on which ones suit you. These are  valuable and practical experiences shared by others .

Somehow, there are no short cuts  in Investing, even by obtaining the best education in university  would not ensure the success of a person. However, to certain extents it might help.

Just my view only.

P/S > Sori, no intention to divert the attention of forumers elsewhere. notworthy.gif
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that's true Sky... nod.gif
At current price levels, Arreit yields the best , around 8.4%, next is Amfirst and Hektar , around 8.2+%.
As long as their price maintain at current levels, not up nor down, they are so much better than fixed deposits.
sharesa
post Jul 29 2010, 11:27 PM

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QUOTE(jasontoh @ Jul 29 2010, 10:44 PM)
What is the yield for Qcapita? If the current distribution x2 / the price also 7.x% only leh. So little.
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I also wanted to enter Qcap but after calculation, return is 7.5% base on 1.03, maybe its capital appreciation is good? hmm.gif

This post has been edited by sharesa: Jul 29 2010, 11:28 PM
sharesa
post Sep 3 2010, 11:45 PM

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QUOTE(cherroy @ Sep 3 2010, 11:25 PM)
Yes, but new assets acquistion drag down the whole reit yield as well as NAV, which is not something to cheer about, but got more diversification which offset the disadvantage.

So take 1 lose 1, breakeven, that's why I said, there is nothing to cheer about.
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if new assets acquisition come with an existing tenant on long-term contract basis, i do not see why it should drag down the whole reit yield? ohmy.gif
This should be a positive development.

This post has been edited by sharesa: Sep 3 2010, 11:48 PM
sharesa
post Sep 4 2010, 12:04 AM

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latest report on Arreit:


Attached File(s)
Attached File  arreit3sept.pdf ( 68.57k ) Number of downloads: 51
sharesa
post Sep 4 2010, 12:08 AM

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QUOTE(Jordy @ Sep 3 2010, 11:56 PM)
sharesa,

The current yield of ARREIT is 8.5%, while the yield for the new acquisitions is 7.25% for the first 3 years. This automatically drags down the yield.
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oh......? But I thought this 7.25% = approximately 19 million will then be divided by the number of units to get the yield? Not judging by only the yield percentage from the letting-out of building premises, isn't it? hmm.gif
270m X 7.25% = 19.5m rental

This post has been edited by sharesa: Sep 4 2010, 12:15 AM
sharesa
post Sep 4 2010, 12:34 AM

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QUOTE(cherroy @ Sep 4 2010, 12:29 AM)
The total of unit is increased now, through new 122 million unit
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yeah...units increased though, but total yield from previous & new buildings divide by total number units including newly issued, according to the researcher , will improve slightly from 0.9% to 1.3% hmm.gif
sharesa
post Sep 4 2010, 12:49 AM

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QUOTE(Jordy @ Sep 4 2010, 12:41 AM)
sharesa,

The yield is derived based on the purchase price of the properties, so in REITs term, we are getting what we paid for.
constant,

As mentioned above, the yield is based on the purchase price. Which means that the source of funding is not important. The important issue here is the price these properties were bought and the rental they produce.

It is not for the company to decide the price for the new shares. They will have to float it based on the 5-days market average, according to the guidelines for REITs.
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i always thought that 270m(purchase price of building) x 7.25% = 19.5m(rental)
then, 19.5m divide by total units of Arreit = yield per unit unsure.gif
sharesa
post Sep 21 2010, 10:41 PM

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QUOTE(zhi guo @ Sep 21 2010, 10:04 PM)
Thank you WagnerK. Does it mean if I sell AmFirst once I received the dividends and then buy similar reits that will give me another round annualised yield of about 20%+ (over a 2 month period), and I do it repeatedly, I can "actually" earn annual yields of about 20% on reit investments?

Thanks again.
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it's not as simple as it appears.
You can buy @ 1.18 for the 4.88 divvy, but when ex-date price become 1.13, so you need holding power depends on market conditions.
sharesa
post Oct 28 2010, 10:02 PM

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happy-hours read:



Attached File(s)
Attached File  Arreit.pdf ( 72.86k ) Number of downloads: 72
sharesa
post Nov 6 2010, 08:12 PM

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QUOTE(zhi guo @ Nov 6 2010, 08:00 PM)
Thank you Jordy.
Hmmm.... wondering how much AmFirst reit price will drop after ex-date  hmm.gif
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drop 5 cents for adjustments on ex-date(because divvy almost 5c), might rebound
sharesa
post Nov 6 2010, 09:51 PM

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QUOTE(SKY 1809 @ Nov 6 2010, 09:27 PM)
The 5sen adjustment kinda outdated because share price is not adjusted  " manually " up when a company announces a jump in profit nor any increase in NTA. Neither share capital  is manually  adjusted with 5sen up when the dividend is declared.

So it should not adjusted manually down. Kinda free market forces.

Just my view.
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hmm.... hmm.gif
if not wrong , the adjustments is due to there will be a deduction of lump sum for dividend payment in the accounts.
sharesa
post Nov 6 2010, 10:12 PM

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QUOTE(SKY 1809 @ Nov 6 2010, 10:02 PM)
Do not take it too seriously, I just say something to open up your mind and thought only.

It follows  the unit trust method where unit is based on NTA  to calculate.
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not taking seriously at all tongue.gif , still wondering tongue.gif
sharesa
post Feb 12 2011, 09:42 AM

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QUOTE(darkknight81 @ Feb 12 2011, 08:56 AM)
Yup. Actually i don know what is it so important about NAV. What i am more concern on is their shrinking in EPS  hmm.gif


Added on February 12, 2011, 9:01 am

Thanks bro. Income distribution dropped for this quarter  cry.gif
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where got drop? tongue.gif
Arreit started 4x quarterly distributions (once in 3 months beginning last year's Jan 2010)
Previous year 2009, distribution was only 3x per year (once every 4 months)
total 2009 distribution = 7.16
total 2010 till Feb 2011 = 7.32


sharesa
post Feb 12 2011, 10:25 AM

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QUOTE(SKY 1809 @ Feb 12 2011, 10:16 AM)
Maybe he build in  with a 10% inflation factor. Many people do want to take into the consideration of inflation factor.

Moreover  if you are a late comer, then REIT price  may appreciate within  a smaller range.

It means investment return could be negative some times  ( not inflation proof ).

Asians are most impacted by food and living inflation, so a 10% jump in food price would have impact on them, as compared to people living  in US.

Just my view.
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Arreit's latest total distribution:
7.32/94 cents = 7.78%

*almost triple of fixed deposit rates
sharesa
post Feb 16 2011, 09:07 PM

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[Sorry for being a noob. Buying REIT got time frame of 20 days one meh? I thought is just buy and keep, then sell whenever you want?
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[/quote]
no time frame. The best is buy and keep , treat as your alternative FD with some price fluctuations.
Calculating yield ( DPU/reit price) is important, personally I feel , as long as yield >7.5% is attractive.
sharesa
post Feb 26 2011, 09:32 PM

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QUOTE(chocobo_2005 @ Feb 25 2011, 11:54 PM)
Hi, may i know what is the total amount dividend of Arreit on 2010? Is it a good investment counter?
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April 2010 till March 2011: 7.32c
yield : 7.32/0.95 = 7.7%

note: Arreit started quarterly payments from April 2010, 1st interim Aril 2010, 4th interim March 2011
sharesa
post Jun 30 2011, 11:01 PM

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QUOTE(ryan98 @ Jun 30 2011, 10:52 PM)
just a question ... would it be ok for a stock beginner to dabble in reit 1st
before venture into normal stock? i have read through the stock tread, mostly into goreng stock.
can gain alot but at the same time would lose alot too. double edge sword.
reit at least can give stable divy income with less volatile price.
i want to gain some experience 1st before going for normal stock.
thank in advance for advice notworthy.gif
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I think that is ideal for a newbie in trying out stocks.
Get a taste of slow and steady stock before branching out to others.
Then you will have some foundation.

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