I'll be jumping in joy with U when REITs' market (not value) price goes down WHILE it's quantum of dividend remains (DY% moves higher) - time to go on a shopping spree for REITs

Cool - June's birthday gift
I'm armed and ammo prepared for the great hunt (of value)

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

This post has been edited by wongmunkeong: May 16 2011, 11:42 PM

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

Thus, knowing this, perhaps a cold logical approach (no fear / greed) methodology can help?

What doesn't kill U, makes U stronger?
Sometimes, when actually GOING THROUGH it, U may wish it kills U OR U may have an out of body experience

This post has been edited by wongmunkeong: May 18 2011, 05:13 PM

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
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

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

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 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

This post has been edited by wongmunkeong: May 19 2011, 01:07 PM

Cash is KING... of opportunities
Like any investments, i think it all depends on what are U after? What's your time horizon, what's your expectations (returns pa, risks, etc.), what's your entry & exit rules to manage these expectations?
eg. Dont lar say U want to use the $ in 1 year's time AND THEN dump the lump $um into an equity mutual fund. High probability of not meeting your expectations.
eg2. Dont lar expect plonking yr $ into an FD for 5 years (yearly term) and coming out tops based on effective returns pa. UNLESS there's a (highly improbable) high deflation within those 5 years

HJebat, there's no bad students, just baka teachers . Concepts i can simplify, formulas.. that's my kryptonite BTW, i was a B or C only student during skooldaze, thus perhaps i can't simplify mathematical equations as well as concepts

This post has been edited by wongmunkeong: May 22 2011, 03:34 PM

And thus Value is found elsewhere, $ flows to elsewhere, REITs $ goes lower, DY% increase and Value Folks waiting for REITs buffet feast!
Ok ok - it works for other Asset Types too

http://sreitinvestor.blogspot.com/2009/11/...dpu-and_13.html

Distribution Per Unit

Mixed bro

Holiday Villa Alor Setar + Langkawi
South City Plaza
Selayang Mall, Selayang

SEGI College, Subang Jaya + SEGI University College
W. AmanahRaya, Jln Ampang + Bhd
Wisma UEP SJ
Dana 13, PJ

Permatis Factory, Bangi
Kontena Nasional Distr Ctr 11
AIC Factory, Shah Alam
Silver Bird Factory, Shah Alam
Gurun Automotive Whse

whew...

I finally gave up queuing at $0.905 and took a small bite at 0.91. Bloody thing kept ignoring 0.905 for a few days & stayed at 0.91, gross DY shd be about 8% at that cost

This post has been edited by wongmunkeong: Jul 14 2011, 10:01 AM

Bro - i've been waiting for about 1 mth+ to "die-worse-ifie" into plantation (BSDREIT) & others (ARREIT was just an opportunity drop) heheh.

Backside itchy - bonus $ sitting in mortgage account saving/making me only 4.4%pa. + just a week ago, sold off a property, thus more idle $ allocated for REITs & Properties to be used. Just a small bite (not the whole shebang) used yesterday, no "lion open big mouth" method

Bro Alcibald - the property not much nar, cash-on-cash returns about 45% to 50% only for 1.5years. Not like 100% to 200% like some bros here. If U talking about bonus - heheh, if U are one of my team members, already belanja big makan liao .

My worries now is how NOT TO HOLD too much in cash and pump in into REITs of value (gross DY >=7% OR Price/NAPS <=70%, ROE >=8%, D/E <=0.8) - hard to find. IMHO, direct properties now a bit nuts, not of value for rental yield (i'm not a flipper).

This post has been edited by wongmunkeong: Jul 14 2011, 11:24 AM

er.. i thought all REITs' tax = 10% by law (if registered/setup as REITs lar).

Bro - last time (say about 3 years+ back), HLeB used to charge my nominee a/c service charges too in regards to dividends. However, i've noticed about 2 years back, they stopped charging .
NOTE: I'm not a HLeB staff or related other than a customer, k. Definitely not helping them sell sell sell

zhen zhen waka ri nae (i really dunno)

I'm not loyal - i moved from MBB to HLeB coz of the $ sitting in HLeB makes me % + cost is lower too. er.. i'm also no big shot, kuci rat investor, now kuci rat trader as well

$ sitting in my HLeB a/c attracts interest every month higher than savings a/c - i think it's nearly equals to FD 1mth term or 2.

Cost = brokerage is 0.38% or $12, whichever higher.

er.. bro, i dont know how to answer that Q of yours leh. Mine's a nominee a/c with HLeB, not CDS

U may want to get it from the horses mouth: www.hlebroking.com
Their helpdesk is very erm.. helpful heheh.