5.6cent vs 7.7cent (average)

how about ARREIT ? 8.3%?

Axreit 4.3 cents DPU for latest Q.

So far ARREIT is the best??

Will you choose the re-investment plan?
Please correct me if i was wrong.

From this 4.3 sen,
1.10 sen must be in cash,
2.10 sen can be either in cash, or to re-invest (partly, or in full).

re-invest:
can buy new units at RM2.30/unit, with 1 sen of dividend + extra money RM2.29.
and the remaining 1.10 sen in cash.

-----

And I'm blur now. I must be wrong somewhere. Since if the above is correct, it should be rather:
1. 2.20 sen in cash
2. remaining 1 sen can be used to re-invest by adding RM2.29 to buy 1 unit.

Please enlighten me.

Surely all they do is just add up the total cash dividend each person is suppose to receive and divide by the price on the dividend date to see how many new units to give you. No fractional units, so round down the units and you get the excess in cash.

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.

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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

AMFirst income distribution 4.48 cents

Less than previous one.

Based on my understanding la.... the share(unit)holders can opt to: (correct me if i m wrong )

Option 1
Take cash of 4.30 sen per unit (in which 4.20 sen is subject to w/h tax, and 0.10 sen is not taxable)

i.e. for resident individual, he will get 3.88 sen nett per unit...


Option 2

Choose to reinvest 2.10 sen (in which 2.00 sen is subject to w/h tax, and 0.10 sen is not taxable)
and
take the remaining of 2.20 sen (taxable) in the form of cash

i.e. for resident individual,
a) nett reinvestment amount is 1.90 sen nett per unit
b) nett cash received is 1.98 sen nett per unit


Option 3

Choose to reinvest 1.00 sen (taxable)
and
take the remaining of 3.30 sen (in which 3.20 sen is subject to w/h tax, and 0.10 sen is not taxable) in the form of cash

i.e. for resident individual,
a) nett reinvestment amount is 0.90 sen nett per unit
b) nett cash received is 2.98 sen nett per unit


either option 2 or option 3, the unitholder will have odd lot after the reinvestment...

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Added on October 18, 2011, 8:05 pmyalor...its income drop abit.... haiz

anyway, i think it's still a good counter as the main tenant is a bank...haha.. payment guarantee

seems like not much discussion in this counter de?


This post has been edited by yong417: Oct 18 2011, 08:05 PM

Is there anything special that I have to do if I want to keep all the dividend in cash for Axreit?

They should have announce this when AXREIT was hovering at 2.30-2.35 last month. I would have top up

This post has been edited by whizzer: Oct 18 2011, 11:36 PM

Do nothing.

Thanks for the clarification.
(gosh! i gave them back 1 sen free! )

ie. if i got 20,000 units, all i can re-invest is just RM200, that is 87 units. (please correct me if i was wrong)
Only to re-invest RM200 for a RM46k investment? This is quite pointless for me, with all the odd lots trouble for such tiny benefit.

---

Added on October 19, 2011, 12:53 amIn fact, they did announce this quite long time ago. I think at least few months ago.

---

Added on October 19, 2011, 12:56 amI think your understanding is not entirely correct. I think for every unit, only a max of 1 sen could be use for re-investment. And one may choose to re-investment less than the max also.
Please correct me if i was wrong, i blur blur one.


This post has been edited by yok70: Oct 19 2011, 12:56 AM

based on my understanding on the announcement la....

i think u can only choose to reinvest either :

a) full reinvestment, i.e. 2.10sen per unit (gross) or,
b) partial reinvestment, i.e. 1.00sen per unit (gross)

no other amount d... because the "or part of the Electable Portion based on the proportion as determined by the Board"


if u have 20k units, u can:

a) reinvest RM380 @ RM2.30/unit = 165 units
b) reinvest RM180 @ RM2.30/unit = 78 units

thanks for the clarification. you could be correct, so it's either 2.10 sen or 1.0 sen per unit.
my english really too poor to understand those PROFESSIONAL writing.

anyway, since it's too minor re-investment offer, i've decided to just take the cash.

This post has been edited by yok70: Oct 19 2011, 11:31 AM

Hi,

I just reading STAR REIT prospectus,
it seems they're buying more hotels, eg Vistana Pg ....

they seems to going to issue new units for this expansion,

is this good sign ?
sorry, i'm still new to this, and dunno how 2 read/interpret prosepctus.

thank you

ARREIT vs QCAPITA, which gives better dividend?

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.