RM80.
Minimum lot is 100 shares.

Received already, still in the form of snail mail cheque, not yet e-dividend.

Midvalley is under Kris Asset, while IGB own the major stake in Kris Asset.

Previously there is rumour, they interested to turn Midvalley into reit, but somehow this already quiet down.

I support(ed) Tesco Penang,
and supporting further, at 1.00 or below.

Near 8% yield.

It will, over the long run.

If retailers cannot make money from the mall rent, once contract ended, mostly they will move out.
You need your retailers earn money from your place, whereby as mall owner/management you can secure the lease long term, as well as have upper hand when negotiating new lease time.

Should always get info directly.
http://www.qct.com.my/

you look for nav, not par value.

par value is meaningless to investors.

If look at dividend, look for how many cents they declare, or how many cents they make aka EPS.

Par value is irrelevant.

Reit declared dividend (actual word is distribution), in cents.

One thing many didn't notice that Stareit is on very little gearing only.

It is totally different risk exposure.

As said before, reit is more like a fixed income instrument.

If look for capital gain, reit is not a place to be.

It is similar to bond issuing. Just characteristic a bit different than bond.

You don't need to subscribe.
It is a norm way for reit to finance their borrowing.

Axreit 4.3 cents DPU for latest Q.

You are blur now.
Total
4.3 cents given, 1.1 + 2.1 = 3.3, 1 cent missing... you are so generous giving it away?

Out of 4.3 cents, 2.1 cents can be used for reinvestment aka Electable portion (which you can choose), the other 2.2 cents must be paid in cash (non-electable part).

Out of the 2.1 cents Electable portion, the board decided 1 cent can be used for reinvestment.

So it is 3.3 cents cash, 1 cent reinvestment.

The statement is quite confusing somehow that I have to agree.

---

Added on October 18, 2011, 5:52 pmthe reinvestment price is Rm2.30.

I will not choose reinvestment, reason:

1. I invested in reit is for fixed income instrument, whereby it generate cashflow to me. Whether I use the dividend money to buy Axreit or others, I have freedom to make the decision at whenever time later on.

2. I don't like to have odd lot or lot size that difficult to remember, instead of 100, 200, 250 lot.

Above just my personal preference.

But reinvestment can mean you get some discount out of the unit you owned, while you can sell at market price and make little profit out of it.
So it is up to individual choice.

Don't get me wrong, I am not saying which is better to the others.

This post has been edited by cherroy: Oct 18 2011, 05:52 PM

Do nothing.

Arreit expected DPU is around 7.x cents
Qcapital expected DPU is around 8.x cents.

You look for the projected DPU and its leverage level.

It is a rationalisation plan aka dispose previous owned Lot10, and retail mall to Starhill Global, and inject hotels across.

Now with the hotels, they are under long term lease already, aka most with 15 years.
So it secured 15 years tenants.

Yes, unless tenant "close shop".
The rental will be revised every 5 years, up 10% if not mistaken.

Without any further new injection of properties and nothing unforseen circumstances, the yield will be roughly the same, throughout, roughly 6.7~6.9 cents.
I don't quite remember exactly, but roughly the figure.

Reit yield only can go up
1. Rental revision to upwards.
2. More better yield properties being injected.
3. More leverage. (which Stareit is one of lowest gearing among all the reit listed here).
4. Leverage cost become cheaper due to cheaper refinance cost/interest rate.

This post has been edited by cherroy: Oct 20 2011, 04:32 PM

As much as reit is more like fixed income, and some treat like alternative FD, but it is not an FD.
You can lose in reit as well.
There were reit (overseas with high leveraged) that went under as well during 2008 crisis.

Just a reminder, don't take for granted, reit is definitely safe.

Reit risk exposure is similar to property.

Yes, you will receive circular and financial report from time to time.

For faster medium, you can read through KLSE website.