Bro, REITs arent immune to market sentiments leh - see 2008's effects on REITs' % of fall
BTW, if no fall, how to buy good value and higher DY% leh?

Which is nothing compared to Silver's & Gold's plunge
Each vehicle has its own peculiarities

Golden bro! Made yr killing in metals & filtering for REITs to buy later ar?

Just my 2cents REITs filter:
1. TWRREIT (office REIT)
Discounting fears of office glut, this counter has been consistent in it's ROTA, ROE & low enough D/E for future expansion via loan debts.
In addition, i think the GOUCO group is behind it.

2. BSDREIT (plantation REIT)
Weird creature this. It gets $ from rental & mgt + profit sharing of palm oil sold.
Personal view - looking at how food and oil are being "fought" by more & more humans + ROTA, ROE & low enough D/E for future expansion via loan debts, this is in my filtered list.

3. ALAQAR KPJ (healthcare REIT)
Similar to the above financial KPIs. BTW, it NEVER (after end 2009) came down enough for its DY% to be worthwhile for me.
Filtered but havent had the opportunity to buy.

Those are the top 3s for me, IMHO.
I'd sure love to do SUNREIT based on the concept and properties held but so far, numbers dont look great & DY wasnt attractive enough after launch - i no $ allocated to REITs mar after jumping into TWRREIT in Q1 2009

You're mileage may vary

Note:
I am holding TWRREIT, BSDREIT & ARREIT (small opportunity buy - D/E and consistency doesnt look too good, just based on DY% and its properties held)
Held HEKTAR & UOAREIT before based on opportunity buys in end 2008 / Q1 2009.

Most folks think expensive and cheap, not "over valued" and "great value" mar bro Prophetjul
Not "into" old school thinking like U & i
Even my good ol' mum still thinks like such (looking at Price only vs % of returns)

Psst.. we need such people leh, else it'll be too competitive , too many ppl using the same "valuation" = disaster for value hunters

This post has been edited by wongmunkeong: Sep 26 2011, 03:32 PM

Eh? There's an "allowable limit of 50% for REIT"? Where can I get more details on this bro? Thanks in advance

BSDREIT illiquid? Hehe so far liquid enough for me to buy and ppl to sell at quite a range based on 2008 dive till 2011. Maybe different definition for me gua

This post has been edited by wongmunkeong: Sep 26 2011, 09:12 PM

Mucho Gracias Senior Cherroy

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Added on September 27, 2011, 7:49 amYup yup - stop learning = dead duck

This post has been edited by wongmunkeong: Sep 27 2011, 07:49 AM

Bro, no balls was in end 2008 until 1st qtr 2009
i remember getting into TWRREIT at below $0.90, then $0.90 then $1.00 hheheh.
Most of the REITs' gross DY% during those daze were like 10% and 12% (TWRREIT, HEKTAR, UOAREIT)
Good times for shooting fishes in a barrel - sigh.. old souls like me like those kinda odds .

This post has been edited by wongmunkeong: Nov 9 2011, 05:06 PM

Yeah - wished i had a ton of ammo lying around end 2008 to 1st Q 2009, unfortunately i was hit financially in 2007. Well, "we make the best of what we gots" hheheh. Now.. when will Italy, Spain and Portugal rock the boat.. argh.. Greece is already a given thing.

er.. bro RobinLim, boh leh my HLeB nominee a/c didnt charge me for crediting dividends or pumping my $ back to my savings or current account of even another bank (eg. SCB, PB, MBB - not Hong Leong Bank).

Which security firm U using?

ah.. so.. MBB.. i was on that during my virgin stock online days. Those days they dont even give interest on $ sitting around in the transaction a/c + it's a b**** to move $ to/fro savings/transaction a/c. Thus, i lari to HLeB heheh. Kiamsiap kui lar i

they (HLeB) charge? eek - how come the paper dividends/copies of chqs they sent me looks the same as the amount credited... i better go dig out the last 3 and re-look. Danke danke

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Added on November 11, 2011, 4:14 pmoops - just saw this. Apologies.
Yes sir, very good sir.

This post has been edited by wongmunkeong: Nov 11 2011, 04:14 PM

Thank U Veda for sharing that article here.

Hopefully, this and other articles can help open our eyes, especially those that have not seen how REITs plunged during the 2008 crisis - REITs do share some similar pains as normal stocks, other than dilution of equity. Thus, like equity, buying value (good discount via price over NAPS? good gross DY%? all backed by good D/E and ROTA?)

Like Cherroy mentioned, REITs aint no safe haven - think about the possibility that one's REITs plunges 30% to 40% in market price, even though paying out gross DY8%pa. Those that can hold, good. It may also be more prudent to sell when market's crazy and buy back in after the plunge - similar to property market? Those that use $ which is needed within a couple of years may get burnt trying to hold & hope.

Just a thought - my apologies if toes were stubbed

Partly due to my pent up purchase to fulfill my Asset Allocation
Only a very small part of the 30K volume though
Other than that, window dressing for new year + coming elections?

English lar, not building
pent-up
adj (pent up when postpositive)
1. not released; repressed pent-up emotions
2. kept unwillingly I've been pent up in this office for over a year

pent-up   [pent-uhp]
adjective
confined; restrained; not vented or expressed; curbed: pent-up emotions; pent-up rage.
Origin:
1705–15; adj. use of verb phrase pent up

Synonyms
repressed, suppressed, bottled-up.

For investments:
http://www.investopedia.com/terms/p/pent-u...p#axzz1i1brNE9H
Definition of 'Pent Up Demand'
When the demand for a service or product is unusually strong. Pent up demand is used by economists to describe the general public's strong return to consumerism following a period of decreased spending.

Investopedia explains 'Pent Up Demand'
Pent up demand is often seen immediately following a recession or depression, where consumers have built their savings or held off on purchases due an the uncertain economic climate. Quite often, pent up demand accelerates the economic recovery period immediately following an economic downturn thanks to a sudden increase in consumer confidence and spending.

No sifu here, just sharing
Answer: dividends per share = cents 0.057

further thinggies which U may be insterested in
If U take the gross dividends paid out eg. 0.057 cents, and divide by your cost per share, you'll get something known as Gross Dividend Yield % or DY% which U may see on your online screen.

If U take that the dividends per share received (aka net dividends) and divide by your cost per share, you'll get something known as Net Dividend Yield % - which is a better indicator for your REITs' annual returns.

Just a thought

This post has been edited by wongmunkeong: Jan 30 2012, 01:57 PM

Possibilities: more people "wants in" on REITs? due to fears/uncertainty + QE primed cash looking for assets?
Where's my crystal ball....

Dude - on an online stock trading platform, U shd be able to see NAPS (Net Asset Per Share).
IMHO, U can roughly judge whether a REIT's market price is at lelong by how much VS its NAPS
eg.
IF market price $0.70 per unit of share VS NAPS of $1 = nice.. gimme gimme (assuming it's D/E is > 0.6 and ROE is consistently >7% to 8%)
IF market price $1 per unit of share VS NAPS of $0.50 = bah...

This post has been edited by wongmunkeong: Mar 8 2012, 02:00 PM

HLeB

NAPS & NAV are "same difference". Both are derived from the Net Assets of the company, here primarily being properties due to the nature of REITs (pls correct if i'm in lalaland).

Equities, in your context = ?
Thus, NAPS & NAV may be different from Equities (depending on yr context what Equities are per se - assets? shareholder equity? etc?)

As for NAPS on HLeB
Bro - U may need to customize yr columns.
See screenshot:
1. I've NAPS (3rd column, just after DY%) among other columns
2. Which icon to click to customize columns.



This post has been edited by wongmunkeong: Mar 9 2012, 12:10 PM

From my (mis?)understanding:
BSDREIT makes $ from managing the plantation AND a profit sharing %. Thus if palm oil prices UP, sales revenue UP and profits UP - BSDREIT gets a cut of it from their customer(s).