Heard from my broker said Hektar is a potential in term of dividend yield at least 8%-11%. Anything do with Bjtoto affect the Hektar price? 

According to the schedule by Maybank IB, Tower REIT has 9m ST debt and Total Debt is 114m. But why is the ratio at 92%?

Starhill gearing very low  Lots of room for leveraging 

Now i know why Master Cherroy pick up starhill liaw.

As long as the rationalisation or selling of its properties at or around its NAV which is expected to be, NAV won't change.

In fact those rationalisation process will realise the capital gain/properties valuation appreciation which is distributable if they wish to. 
But just my wishful thinking which I don't think it will. My view only.
Invest in Reit, the primary concern is about yield, not about how much undervalued on its NAV (although it is an important as well, just it is secondary to the earlier factor).

It is not about short term debt vs long term debt at current point situation. As at current point, bankers are willing to lend and credit facilities are available, so short term debt or long term debt is not much an issue. Long term debt will become short term when come or near to its maturity as well, it is all about timing. As long as refinancing is achievable with ease, this is a none issue. And focus should shift to secured interest rate on the loan.

Reit share pricing is primary towards yield issue, not on NAV. So you see reit price generally pricing at around 7-8% across. They follow the yield instead of NAV.

Reit is not popular here, so seldom being discussed in general, no surprise, as many investors here still not fully aware and fully understanding about reit due to the fact reit is boring and somemore low liquidity which make reit volume is low and price generally move little.

too add something  beside what prince hamsap said, AXIS REIT is also the only Islamic REIT in Malaysia. I don't know what is the criteria of a ISLAMIC REIT, alot of syariah fund are shareholder in AXIS REIT.

Me really suprise with Arreit declaring quarterly basic, as I didn't came across any announcement they are going to do quarterly distribution before.

Anyway welcome it. 

YTL plans to house hotels under REIT
http://www.btimes.com.my/Current_News/BTIM...icle/index_html

Properties is required to be revalued every 3 years, that's for sure. But under reit, there are many properties, so the every 3 years period is not the same for each one, so you may see revlaution happen every year, but they will state which one is revalued in the period.

Borrowing cannot exceed 50% disregard long term or short term. can refer here http://www.axis-reit.com.my/images/axisrei..._08_chap1-8.pdf

Regarding the ex-date, deduct out the share price, as long as company is earning constantly through rental income, the lower price of the share price, the higher yield it is and more attractive.
It will not become zero. For eg. Stareit is earning 7 cents, so after 10 years, it deduct out 70 cents, so theorectically, it will become 0.86-0.70 = 0.16. It is not the case.
If Stareit is still continue rent out its properties, and earn 7 cents, I can assure the share price won't be 0.16. It is no braniner to see it will be 0.16 if it is still earning 7 cents.

Do not take ex-div which deduct out share price will devalue the share. It doesn't. The share valuation come from ability to generate profit/income to shareholders.
Share price will auto adjust by market force which dictate by yield factor.

For eg.
Axreit is giving out average 12-15 cents for the past few years, but share price of Axreit is higher than before because it managed to grow its earning, diversified and expand through acquisition which through private placement.
AHP2 didn't generate any income to the shareholder previously which is the major downfall of this reit and the reason why unit holder disgruntled, not about share price below or above NAV. So unit holders have no choice to liquidate the properties to get back the money. As said before, no one will want to invest in anything that doesn't generate income for them.

Reit is about renting, leasing properties which is the core income and attractiveness. You look for the properties can be rent out for long term.

You buy reit not because of NAV, you buy reit because about its yield.

As said, if wish to see return rate of 10%, reit is not a place to be.

It is as same as you buy a property then rent out only. The situation is identical to reit. You cannot grow your properties portfolio, if you have no new money or through borrowing. You cannot possible get more than 10% yield through renting out.

Rental market yield is about 7-8%.

One should have the right concept before invest in REIT. If you are looking for quick capital appreciation, REIT may not be the right place for you. Technically, property will increase in value, but under certain circumstance, it will not.

So, why invest in REIT? Those people who have additional fund and want to invest in property for long term with intention to collect rental income are the one looking for this investment class. In fact, they are even more happy if the price of REIT fall below their buying price, as they can add more unit every year with even cheaper price, but in the same time increase in yield return.

Assume you buy a house for 100K and can rent for 8K each year. Now, someone from same row want to sell a same unit of house for 80K, would you buy it? I will buy it, as I know the house can rent out for 8K each year and in future people will realise its true value. I will not explain more, this is the secret of rich people making money.

The volume for AXREIT in these 4 days have been over 10,000 (with 2 days breaching 13,000). Such high volumes could only mean one thing, another round of expectation for high distribution

Yup, I noticed that. Very disappointing indeed. A lower distribution than the previous quarter. Tomorrow the price of AXREIT might go down after the huge interests in it the past week.

For your information, the dilution effect has been accounted in the previous quarter's distribution.

Hey guys, I am an amateur in stock trading and would like to venture into REIT. I would like to learn more abuot REIT, be it from books, websites or anything. Do you guys have any recommendation?

I know I can google it or go to a bookstore any and buy the related books, but there are just too many to choose from. I don't know where and how to start...

Thanks for your imputs guys!

Reit just recover from slump and fear of recession and back to normal range.

With inflation looming, properties valuation only has one way to go, i.e. up only.

I would say reit is outperforming but not net in the stage of 'way ahead of fundamental' as even at current pricing (which has surged quite remarkably, yield wise is >7% which is about 3x current interest rate, which still a justify point to stay at current valuation, although I stated before valuation has reach a fair point, aka fully valued.

But with interest rate is not going to shoot to the roof, there is little incentive for reit holders to dispose reit which carry >7% yield, so there is no incentive for big sell down, unless there is expectation to see a double dip, or potential economy problem that lead to difficulty in lease.

To look at fundamental is simple, how much reit yield can offer as compared to interest rate, bond rate. If the gap is quite narrow, then yes, it could mean valuation is too rich.
In fact, AMfirst is making all time high of RM1.20. I hardly believe and never expect can make >30% on even without timing/making the investment during the bottom or crisis time.

If get the timing right on Axreit, RM1.00, has made 100% gain even without taking account into the distriubtion along.

In fact, a lot of so called 'growth stocks' are struggling due to their own issue, despite the economy recovering and KLCI has made up a lot of losing ground.