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REIT V3, Real Estate Investment Trust
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davidcch07
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Oct 12 2011, 04:06 PM
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QUOTE(tohca @ Oct 12 2011, 04:16 PM) You mean NTAB or par value? If NTAB it is RM1.27 which means it is already discounted at more than 20%. Where to find a property which is selling at 20% discount these days? pls take a look > http://max-wealth.blogspot.com/ It said par value just below 1rm... so need reits sifu to answer me.
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cherroy
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Oct 12 2011, 04:21 PM
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QUOTE(davidcch07 @ Oct 12 2011, 04:06 PM) pls take a look > http://max-wealth.blogspot.com/ It said par value just below 1rm... so need reits sifu to answer me.  Should always get info directly. http://www.qct.com.my/
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davidcch07
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Oct 12 2011, 04:32 PM
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QUOTE(cherroy @ Oct 12 2011, 05:21 PM) Should always get info directly. http://www.qct.com.my/cant get it ... Cherroy Sir! Btw , all REITS also par value 1rm?
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cherroy
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Oct 12 2011, 04:36 PM
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20k VIP Club
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QUOTE(davidcch07 @ Oct 12 2011, 04:32 PM) cant get it ... Cherroy Sir! Btw , all REITS also par value 1rm?  you look for nav, not par value. par value is meaningless to investors.
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davidcch07
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Oct 12 2011, 04:40 PM
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QUOTE(cherroy @ Oct 12 2011, 05:36 PM) you look for nav, not par value. par value is meaningless to investors. ok... NAV i know all the REITS. But if count for divident izzit look for.. PAr Value? Please correct me if i'm wrong!
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cherroy
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Oct 12 2011, 04:49 PM
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QUOTE(davidcch07 @ Oct 12 2011, 04:40 PM) ok... NAV i know all the REITS. But if count for divident izzit look for.. PAr Value? Please correct me if i'm wrong!  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.
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davidcch07
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Oct 12 2011, 05:02 PM
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QUOTE(cherroy @ Oct 12 2011, 05:49 PM) 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. ok.. Noted..
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ronnie
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Oct 12 2011, 09:01 PM
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As a newbie to REIT, would buying the same number lot of each REIT listed on KLSE recommended ? Or should I focus on selected property types ?
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tohca
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Oct 12 2011, 09:33 PM
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I don't think it makes much difference either way. But keeping your eye on just one or 2 reit is much easier as you'd normally be buying reits for the long term for it's income (dividends).
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ronnie
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Oct 12 2011, 09:41 PM
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QUOTE(tohca @ Oct 12 2011, 09:33 PM) I don't think it makes much difference either way. But keeping your eye on just one or 2 reit is much easier as you'd normally be buying reits for the long term for it's income (dividends). Which counter would yield stable & high dividend for newbies (limited funds) ?
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tohca
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Oct 12 2011, 10:06 PM
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QUOTE(ronnie @ Oct 12 2011, 09:41 PM) Which counter would yield stable & high dividend for newbies (limited funds) ? All Malaysian reits, even Stareit (which I like the least) pays pretty good dividends and offers good value for money. The only one one which is selling at a relatively high premium compared to the other local reits is Axreit (but that's also a damn good reit). But if I only have one to shoot for (not just simply tembak) then I'd put my money on Sunreit. It's currently selling at a slight premium versus it's ntav. But they have not revalued the properties yet, especially after taking physical possession of Putra Place which they bought at an extremely low price of about RM500m at an auction. Once they do up the place, both the income and the ntav will go up. It's probable the best and most stable (also the biggest reit in Malaysia). They are a property developer outright and thus have all the advantages compared to the other reits which will have to rely on others. Another plus point about Sunreit is that a major shareholder is the Singapore GIC which will have a keen eye on the reit, thus indirectly also ensuring that it's books are properly audited - ensuring that we get our just dividends.
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ronnie
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Oct 12 2011, 10:12 PM
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Are the Dividend received from REITs need to be declared for Personal Income Tax?
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ronnie
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Oct 12 2011, 10:14 PM
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QUOTE(tohca @ Oct 12 2011, 10:06 PM) All Malaysian reits, even Stareit (which I like the least) pays pretty good dividends and offers good value for money. The only one one which is selling at a relatively high premium compared to the other local reits is Axreit (but that's also a damn good reit). But if I only have one to shoot for (not just simply tembak) then I'd put my money on Sunreit. It's currently selling at a slight premium versus it's ntav. But they have not revalued the properties yet, especially after taking physical possession of Putra Place which they bought at an extremely low price of about RM500m at an auction. Once they do up the place, both the income and the ntav will go up. It's probable the best and most stable (also the biggest reit in Malaysia). They are a property developer outright and thus have all the advantages compared to the other reits which will have to rely on others. Another plus point about Sunreit is that a major shareholder is the Singapore GIC which will have a keen eye on the reit, thus indirectly also ensuring that it's books are properly audited - ensuring that we get our just dividends. So you recommended : STAREIT, SUNREIT, AXREIT. Can share as to why do you personally dislike STAREIT ?
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tohca
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Oct 12 2011, 10:26 PM
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QUOTE(ronnie @ Oct 12 2011, 10:14 PM) So you recommended : STAREIT, SUNREIT, AXREIT. Can share as to why do you personally dislike STAREIT ? No, I said: "even Stareit (which I like the least)" Go for Sunreit. Best chance of success, least chance of failure. Priced at about RM1.15, I think it's a steal. I have to declare that I do own shares in Sunreit, so you may have to discount my advice  . Added on October 12, 2011, 10:40 pmQUOTE(ronnie @ Oct 12 2011, 10:12 PM) Are the Dividend received from REITs need to be declared for Personal Income Tax? Good question, hope some tax guru can enlighten us on this, and how to take adventage of the 10% withholding tax already paid by the reit. This post has been edited by tohca: Oct 12 2011, 10:40 PM
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cwhong
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Oct 12 2011, 11:10 PM
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QUOTE(tohca @ Oct 12 2011, 10:06 PM) All Malaysian reits, even Stareit (which I like the least) pays pretty good dividends and offers good value for money. The only one one which is selling at a relatively high premium compared to the other local reits is Axreit (but that's also a damn good reit). But if I only have one to shoot for (not just simply tembak) then I'd put my money on Sunreit. It's currently selling at a slight premium versus it's ntav. But they have not revalued the properties yet, especially after taking physical possession of Putra Place which they bought at an extremely low price of about RM500m at an auction. Once they do up the place, both the income and the ntav will go up. It's probable the best and most stable (also the biggest reit in Malaysia). They are a property developer outright and thus have all the advantages compared to the other reits which will have to rely on others. Another plus point about Sunreit is that a major shareholder is the Singapore GIC which will have a keen eye on the reit, thus indirectly also ensuring that it's books are properly audited - ensuring that we get our just dividends. they still need to refurbish theMall once the court case settle ...... so i expect it will affects its dividen. am i right?
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cwhong
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Oct 12 2011, 11:13 PM
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QUOTE(ronnie @ Oct 12 2011, 09:41 PM) Which counter would yield stable & high dividend for newbies (limited funds) ? stable yield i think indirectly link to the contract they signed with the tenants, right? then if stable yields i got 3's Alaqar, Stareit, Arreit ..... all three's more than 10 years leases ..... REMARK: i have all the above shares
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davidcch07
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Oct 12 2011, 11:15 PM
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QUOTE(cwhong @ Oct 13 2011, 12:13 AM) stable yield i think indirectly link to the contract they signed with the tenants, right? then if stable yields i got 3's Alaqar, Stareit, Arreit ..... all three's more than 10 years leases ..... REMARK: i have all the above shares  reits master, what is ur entry price...
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cwhong
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Oct 13 2011, 10:35 AM
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too bad mine all above current price ...... even though average down few times..... btw cheroy is master lahhh.....
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cherroy
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Oct 13 2011, 04:54 PM
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One thing many didn't notice that Stareit is on very little gearing only.
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SUSfuzzy
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Oct 13 2011, 05:00 PM
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I still targeting Tower Reit, I think it's quite underrated..
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