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 REIT V3, Real Estate Investment Trust

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prophetjul
post Mar 14 2012, 07:55 AM

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QUOTE(apagranpa10 @ Mar 13 2012, 12:39 PM)
Any idea which brokerage house offers nominee/pledge acc with low/nil 'maintainance fees' in SG ?

IMHO the income derived from a Tax free source is not taxable. Yes it's still an income but its from a tax free/tax withhold source.
Thanks mate. thumbup.gif

i will try to clarify with my tax consultants.

My Divs are quite a bit......dont want to get it wrong


Added on March 14, 2012, 7:57 am
QUOTE(cwhong @ Mar 13 2012, 09:31 PM)
it's not advisable to buy 1000 units ....... at least 3000 units will be more ideal imho...... after deducted the admin fees will be penny..... not to forget the brokerage charges were high and does not worth the in investment point of views.......  nod.gif
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You keep on sayin brokerage is HIGH. Whats HIGH?
What are you paying?

This post has been edited by prophetjul: Mar 14 2012, 07:57 AM
prophetjul
post Mar 14 2012, 11:08 AM

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QUOTE(apagranpa10 @ Mar 14 2012, 11:03 AM)
In your opinion do you think the divd yield will be effected if the shareholder don't subscribe to the Rights  ?
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Really depends whether the funds raised from the rights issue are put to good use, does it not?

If the company squanders it, then your divs will reduce........

If they increase profits by proper investment, then your divs will increase
prophetjul
post Mar 14 2012, 11:32 AM

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QUOTE(apagranpa10 @ Mar 14 2012, 11:29 AM)
In this case the proceeds will be used for the purpose of "pare down the existing borrowing" as what the co has announced. So what do you think ?
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Then you have to ask them WHY?

Are they saving from the interest payments or what?

If so how much are they saving?
prophetjul
post Mar 14 2012, 01:48 PM

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QUOTE(apagranpa10 @ Mar 14 2012, 11:50 AM)
laugh.gif  Don't really own Amfirst so i don't think i will pursuit till calling/writing to the management asking them why. just asking the forumers here if some might happend to know for general knowledge
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My broker is ECM Libra
My costs are brokergae 0.6%
stamp duty 0.1%
clearing fee 0.03%
misc costs 0.3%

In Singapore the brokerage is approx 0.6%


Added on March 14, 2012, 1:52 pm
QUOTE(cwhong @ Mar 14 2012, 12:04 PM)
RM 90 / transaction ...... much more higher than Bursa btw i'm using osk what about yours? got cheaper alternative ahhh
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Is that total and fixed cost? Thats pretty cheap.

If your transactions are big, its pretty cheap.

My broker is ECM Libra
My costs are brokergae 0.6%
stamp duty 0.1%
clearing fee 0.03%
misc costs 0.3%

In Singapore the brokerage is approx 0.6%

This post has been edited by prophetjul: Mar 14 2012, 01:52 PM
prophetjul
post Mar 14 2012, 04:17 PM

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QUOTE(cwhong @ Mar 14 2012, 03:46 PM)
not big lah 3000units (aka 3lots) nia, RM8K++ only so the brokerage for SG+MY more or less is RM90/transactions ...... btw osk and jf apex cheaper 0.42% nia for brokerage .....
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You didnt answer my question.

Is it FIXED rate as in Rm90 per transaction irrespective of transacted amount?

OR issit based on % on value of transaction?


prophetjul
post Mar 15 2012, 08:05 AM

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QUOTE(SKY 1809 @ Mar 15 2012, 12:18 AM)
Seems like you are paying 2 brokers for one transaction. hmm.gif

2 persons doing the same job for u. Hidden costs for cross border.
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Yes

As the man said; Unless you open a Singapore brokerage account

In US, i pay $2.50 per internet transaction .........cheap....... biggrin.gif
prophetjul
post Mar 15 2012, 09:35 AM

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QUOTE(apagranpa10 @ Mar 15 2012, 09:32 AM)
Mind to share which brokerage house you use to buy Reits in SG ?
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Did already.......... ECM Libra.....

Just trying to find out whether thers cheeper ones.......i am a CHEEP pony! biggrin.gif

Total costs around 1.1% of transcated amount


Added on March 15, 2012, 9:36 am
QUOTE(ryan18 @ Mar 14 2012, 04:42 PM)
i got charged about rm$80 by CIMB Cross border trading for singapore shares
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Does tell much.......is that based on % of transacted amount or fixed cost?

This post has been edited by prophetjul: Mar 15 2012, 09:36 AM
prophetjul
post Mar 16 2012, 08:04 AM

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QUOTE(ryan18 @ Mar 15 2012, 08:57 PM)
charges by singapore broker
0.06% of trade value (min S$20)
clearing and access fee 0.0475%
charges by CIMB
rm40
very expensive indeed
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Looks like its similar

Is CIMB charges FIXED at Rm40.....i am asking whther its FIXED because
i carry out sizeable trades each time

ECM Libra charges:

My costs are brokergae 0.6%
stamp duty 0.1%
clearing fee 0.03%
misc costs 0.3%


prophetjul
post Mar 22 2012, 01:54 PM

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Collected to date S REITs

a) AIMSAMPI Reit x 28000 shares at $1.075

b) Sabana Reit x 25000 shares at $0.94
prophetjul
post Mar 26 2012, 08:12 AM

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QUOTE(wongmunkeong @ Mar 26 2012, 07:46 AM)
Hey Prophetjul,
FYI HLeB's charges (they've other countries' charges too in their PDF - want a copy? drop me a PM - will post it) though a bit late  notworthy.gif

SGX (less than or up to RM100K):
Brokerage by SGX: 0.08% minimum SGD20
Brokerage by HLeB: 0.60% minimum RM40
Bank charges:  RM10
MY Stamp duty:  0.10% rounded up to nearest RM1, maximum RM200
SGX Access fees: 0.0075%
Clearing fees:  0.04%
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Hi Bro Wong

Thanks! thumbup.gif

Looks like HLBe maybe cheaper.
All in all its about 0.85%

Interesting ...i dont mind the other countries too biggrin.gif
prophetjul
post May 18 2012, 07:54 AM

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May i ask why it seems ppl here are more into MREITs than SREITs when the latter offers better yields which are tax exempted? ??
prophetjul
post May 18 2012, 08:04 AM

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QUOTE(wongmunkeong @ May 18 2012, 07:58 AM)
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... tongue.gif
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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?
prophetjul
post May 18 2012, 08:21 AM

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QUOTE(wongmunkeong @ May 18 2012, 08:15 AM)
Yup yup, nice.... no tax..  thumbup.gif + 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  laugh.gif

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) sweat.gif

Couldn't find "Plantation" REITs though or i may have missed it on the SGX  icon_question.gif
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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?
prophetjul
post May 18 2012, 08:37 AM

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QUOTE(wongmunkeong @ May 18 2012, 08:30 AM)
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.
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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?
prophetjul
post May 18 2012, 08:49 AM

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QUOTE(wongmunkeong @ May 18 2012, 08:44 AM)
Wills - yup, spot on.

BSDREIT returns? er.. something like this
[attachmentid=2846171]
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Thanks mate...you a FULL time investor? biggrin.gif

You are TOPs in sharing info......... thumbup.gif

BTW SREITs look good for fishing today......down day
prophetjul
post May 18 2012, 09:28 AM

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QUOTE(wongmunkeong @ May 18 2012, 08:58 AM)
Brother ProphetJul, i wish i had enough assets like U to be a full time investor  notworthy.gif
Heheh - i'm not very hungry to climb much higher the career ladder.

I can share easily coz i'm "anal retentive" when it comes to tracking my holdings mar hehe.
Only can share what i know/did though, not speculations/trades.

SREITs, generally fell like a few % but not enough to stir me to plonk in my "backup $" (held back for value buying/bottom fishing when SHTF).
Hehhe - still accumulating my bullets to refill spent shots for REITs recently.
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Bro, you are a blessing of info! nod.gif

Nice day to accumulate SREITs - all red

AIMS 111.5
First 86
Sabana 94.5
Cambridge 51.5

means yields will be HIGHer thumbup.gif


Added on May 18, 2012, 10:55 amLoaded somemore AIMS at 110...


Added on May 18, 2012, 11:04 amLotsa SREITs dumping today!

AIMS 110
First 85.5
Sabana 94
Cambridge 51.5


This post has been edited by prophetjul: May 18 2012, 11:04 AM
prophetjul
post Aug 2 2012, 11:55 AM

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QUOTE(wongmunkeong @ Aug 2 2012, 11:43 AM)


U must be laughing all the way to the bank now eh? With SGX all time high against nearly all currencies AND its REITs going shockingly fast (cap appreciation) + the slew of (non-taxed) dividends recently.  thumbup.gif
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Shooking! biggrin.gif

Counter Name SIP Code Rmk Last Chg % Vol B Vol Buy Sell S Vol High Low Value Sector
AIMSAMPI Reit O5RU 1.295 - - 42 88 1.290 1.300 87 1.310 1.295 54,575 PROP
▼ Cambridge J91U XD 0.590 -0.005 -0.840 242 257 0.590 0.595 417 0.595 0.590 143,650 PROP
▼ CapitaMall C38U 1.980 -0.005 -0.252 1,276 283 1.975 1.980 122 1.985 1.970 2,522,642 PROP
▲ First REIT AW9U 0.960 +0.005 +0.524 88 112 0.955 0.960 57 0.960 0.960 84,480 PROP
▲ K-REIT K71U 1.125 +0.005 +0.446 115 13 1.120 1.130 95 1.125 1.120 129,250 PROP
▲ LippoMalls D5IU 0.420 +0.005 +1.205 133 720 0.415 0.420 1,475 0.420 0.415 55,370 PROP
Sabana REIT M1GU 1.010 - - 79 312 1.005 1.010 519 1.010 1.005 79,760 PROP
▲ SaizenREIT DZ8U 0.159 +0.001 +0.633 1,274 406 0.159 0.160 336 0.160 0.159 202,876 PROP

prophetjul
post Aug 2 2012, 12:02 PM

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QUOTE(wongmunkeong @ Aug 2 2012, 11:56 AM)


Personally, i'm holding:
a. AIMSAMPI REIT  (Singapore Industrial)
b. SABANA REIT (Singapore Industrial)
c. LIPPO MALLS (Indonesia Retail)
d. FIRST REIT (Indonesia hospital)
e. SAIZEN REIT (Japan residential)
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Good picks...........Great minds...........

But i dont have first.............. thumbup.gif
prophetjul
post Aug 2 2012, 02:42 PM

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QUOTE(SKY 1809 @ Aug 2 2012, 02:27 PM)
I thought u should buy when prop prices drop to the longkang.

Axreits was trading at rm one few years back, when not many people want. Now is good buy at rm 2.9  hmm.gif
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i maybe misinformed but......when investing in REITs, one is looking for recurring income rather than NAV?

Although having said that, the REIT prices do go when theres demand.

But predominantly REITs are about income? No?

i ask this becos you mentioned UK REITs. UK is in rcession meanin returns may not be good in the next few qtrs.
Who knows how long this may be?

So has the UK REITs stock prices receeded or its it the NAV?
prophetjul
post Aug 2 2012, 02:49 PM

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QUOTE(cherroy @ Aug 2 2012, 02:46 PM)
Yes, reit is about recurring income and sustainable income.

Back 2008 financial crisis, there is fear of refinancing availability across (due to credit market freeze) that sending reit price plunged, as well as property valuation may drop severely due to economy recession.

As most reit under some leverage level, refinancing availability, and cost is quite important aspect to look at as well.
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Yes

When and IF recession occurs, property prices will drop meaning NAV will drop meaning REIT leverage will go
through the roof. This will not be good for REITs which maybe rerated in this scenario.

So it may not be a good time to go to UK REITs for the time being, no?

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