Kasset is now 7.55 almost near to 7.6 already

what do you guys think of BSDReit? Looks good to me.

May I know the distribution of dividend for REIT stocks the same as any other stock? Why the dividend info is not available in the entitlements list by KLSE?

Where to look for dividend info then e.g. expiry date and payment date?

hehe - it's a GOOD RIDE if U got it a value prices, from experience.
Been buying since 2009, 2010 and 2011 heheh.
Now no more $ to focus on MREITs ... shifting to SREITs.

This plantation REIT + a bit of a pelik animal since they get a % of the palm oil sales.

Just a thoughts

oh, thanks for the info!

hi bro, mind to explain a bit on my question?

er.. i don't know how to add much value to your Q leh
"May I know the distribution of dividend for REIT stocks the same as any other stock? Why the dividend info is not available in the entitlements list by KLSE?"

The dividend payout for REITs are same with any other listed stocks - either mailed to U or electronic, depending on REIT.

As for "Where to look for dividend info then e.g. expiry date and payment date?"
I look at it online and since U may not be on the same platform (mine's HLeB) as mine, susah to comment/add value.
IF U are on HLeB or similar web platform, U can "see" it by selecting the REIT and checking out the news/announcements.

If it's the newspapers.. lagi worse.. i havent bought a newspaper since...

Gomenosai - not of much help

I thought there's a compiled list... So we have to look at the announcement individually. Thanks.

eh, http://biz.thestar.com.my/marketwatch/bonus/alldividends.asp, pun ada lar, though U have to scroll/hunt down each REITs lar
eg. Click on A for AXREIT and other A**** stocks

Note - U've to register (free) though.

Compiled list? U mean this http://mreit.reitdata.com/ ?

This post has been edited by wongmunkeong: May 17 2012, 12:13 PM

RM210.6m + RM87.7m are gross income before expenses, they are not NPI.

Not sure then.. But based on the announced news:

"PETALING JAYA: KrisAssets Holdings Bhd has proposed to sell Mid Valley Megamall, the Gardens Mall and their related assets to its parent IGB Corp Bhd for RM4.6bil."

The market value for the Reit should be 4.6 / 3.4. Based on my understanding, the market value should be compute as value sold (4.6bil) divide by number of units share (3.4bil).

Of course that my understanding could be wrong.. If anyone have better understanding on it, welcome to share the opinion.

This post has been edited by H86: May 17 2012, 08:51 PM

Pana,
Moppy calculation seem more correct.
Check 10.2 on proforma I

Total share will be 520 million, not 440 million (due to bond conversion).

So, personally I see Kasset should be toppish not exceeding Rm8.00.
Correct me if I am wrong.

May i ask why it seems ppl here are more into MREITs than SREITs when the latter offers better yields which are tax exempted? ??

Ohiyo ProphetJul,
Early bird lar U.

Perhaps like me previously, no viable options mar, taking into account IF i suddenly kick the bucket, my local Will may not be executable overseas, until found out...

This post has been edited by wongmunkeong: May 18 2012, 07:58 AM

Bonjour Mon ami,

i am not early....just started to divest into SREITs early this year, so not so early.

Divs in SREITs are not subject to taxes unlike the MREITs which attarct 10%? taxes....
Plus some yeilds are like 8 to 9%! Not bad.......
So i am just wondering why the crowd seems oblivious to the ones across the causeway?

Yup yup, nice.... no tax.. + IF ForEx for SGD-RM was like 1990 to 2011, heheh... double win, like making SGD with no tax and living in MY expenses.

Once i found a "local trust account" to execute my REITs/stocks overseas (with my local Will applicable to all my investments held by the local brokerage firm), then only started moving across the causeway too

Already in AIMSAPI, Saizen and First. Waiting for a bit of time to pass to continue "collecting" - time-diversification mar and er.. running out of ammo allocated to REITs (minimum per shot to be "worthwhile" for me is about SGD9K due to brokerage and other costs)

Couldn't find "Plantation" REITs though or i may have missed it on the SGX

This post has been edited by wongmunkeong: May 18 2012, 08:17 AM

Do you think the economy of Msia will ever surpass Singapore?
If not then SGD should be well safer than RGT in the long haul.

Thought ALL wills will take into account of that?

i am in AIMS, Sabana and Cambridge.
Waiting for First to retreat further hopefully to 85.
Still only 20% of my intended allocation!
Its very difficult to catch these fishes...

Plantation REITS? What do they do?

er.. side track a bit ar Mods.
Wills - Wills written in country A MAY not be executable fully in country B, thus in country B, it may be as good as dying intestate.
Usually, only non-moveable assets like physical properties are affected BUT to be on the safe side, best to have a Will drawn up in EACH country U have assets in.
---

Plantation REITs? Something like BSDREIT http://www.al-hadharahboustead.com.my/overview.html

---snippet---
Income Streams

Under the Al-Hadharah Boustead REIT, plantation assets will be leased back to the vendors for a three-year renewable tenancy with a cumulative period of up to thirty years. At the end of every three years, the fixed rental will be reviewed and a new rental will be agreed between the parties. The new rental will be determined based on historical crude palm oil (CPO) prices, prevailing and expected future CPO prices, cost of production, extraction rates and yield per hectare. Hence, income sources for Al-Hadharah Boustead REIT include:

Fixed Rental

With the renewal of the Ijarah agreement effective from 1 January 2010, the fixed rental income for the second tenancy term is increased from Tenants will pay a cumulative fixed rental of approximately RM53.2 million to RM57.8 million per annum for the first tenancy term of three years. This will be payable on a bi-monthly basis.

Performance-Based Profit Sharing

In addition to a fixed rental, the Al-Hadharah Boustead REIT may enjoy an annual profit sharing of net incremental income based on a formula pegged to CPO and fresh fruit bunch (FFB) prices. This net incremental income is determined based on the actual CPO price realised for the year, above the reference price of RM2,000 per MT for the first next three years. It will be shared on a 50:50 basis between the Tenants and the Fund. This profit sharing payment is the first of its kind in the REIT market and may translate into more handsome distribution yields for unitholders.

Capital Gains

Given the development potential of some of the plantation assets, especially those located in prime locations; there is a potential upside for capital gains. The gains realised may be distributed as bonus distributions.

Thanks

I suppose our wills will cover those stocks held IN TRUST of the Msian stcokbrokers.
However for stcoks bought overseas, that maybe the case

hahh its renting lands.....hows the returns on this one?

Wills - yup, spot on.

BSDREIT returns? er.. something like this