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 REIT V3, Real Estate Investment Trust

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paogeh
post Oct 20 2011, 11:19 AM

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QUOTE(cherroy @ Oct 20 2011, 10:50 AM)
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.
*
cherroy,

thank you for the reply.
so, in another words, rental is guarantee for 15 years ?

would that help to increase the current 7+% yield ??

thank you
cherroy
post Oct 20 2011, 04:32 PM

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QUOTE(paogeh @ Oct 20 2011, 11:19 AM)
cherroy,

thank you for the reply.
so, in another words, rental is guarantee for 15 years ?

would that help to increase the current 7+% yield ??

thank you
*
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
yong417
post Oct 20 2011, 10:12 PM

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Added on October 20, 2011, 10:13 pm
QUOTE(cherroy @ Oct 20 2011, 04:32 PM)
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.
*
ooo... seems like STAR is a good buy then rclxms.gif

This post has been edited by yong417: Oct 20 2011, 10:13 PM
echoesian
post Oct 20 2011, 11:57 PM

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Why SUNREIT volume is always the highest almost everyday?
davidcch07
post Oct 21 2011, 12:12 AM

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QUOTE(echoesian @ Oct 21 2011, 12:57 AM)
Why SUNREIT volume is always the highest almost everyday?
*
so far this reit is the high rate for FF play... so... is the highest lol!

I plan to in Qcapital and ... Stareit after read from sin chew source... tongue.gif
tohca
post Oct 21 2011, 06:30 AM

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QUOTE(echoesian @ Oct 20 2011, 11:57 PM)
Why SUNREIT volume is always the highest almost everyday?
*
Simply because it is the largest reit in Malaysia. Having a constant high volume is a good thing as it allows you to buy and sell easily. If volume is small, like AHP, it may be a little more difficult to sell your shares.
Maverick2011
post Oct 21 2011, 08:38 AM

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QUOTE(cherroy @ Oct 20 2011, 04:32 PM)
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.
*
Increase 10% every 5 years cannot even beat inflation. Not good enough, I think.

holybo
post Oct 21 2011, 09:49 AM

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Which reits can provide around 8% income CONSTANTLY every year ya? Arreit seem not bad but no room to go further?
andrewckj
post Oct 21 2011, 05:18 PM

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QUOTE(holybo @ Oct 21 2011, 09:49 AM)
Which reits can provide around 8% income CONSTANTLY every year ya? Arreit seem not bad but no room to go further?
*
TWRREIT if they can maintain it, but there is little stocks in the market.

I just manage to bait some of it at 1.22 and 1.23..that's it. Office play, HLA is the biggest shareholder with balance float of 22 % remaining, after taking into the account of the 100 largest shareholders.


holybo
post Oct 21 2011, 07:08 PM

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QUOTE(andrewckj @ Oct 21 2011, 05:18 PM)
TWRREIT if they can maintain it, but there is little stocks in the market.

I just manage to bait some of it at 1.22 and 1.23..that's it. Office play, HLA is the biggest shareholder with balance float of 22 % remaining, after taking into the account of the 100 largest shareholders.
*
So you recommended TWRREIT? 1.23 is a good entry?
ryan18
post Oct 22 2011, 09:55 AM

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http://biz.thestar.com.my/news/story.asp?f...97&sec=business

pavilion reit coming
ronnie
post Oct 22 2011, 03:09 PM

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QUOTE(ryan18 @ Oct 22 2011, 09:55 AM)
Is the Pavillion REIT IPO price 80sen or 88sen if we subscribe ?
SUSfuzzy
post Oct 22 2011, 05:33 PM

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QUOTE(ronnie @ Oct 22 2011, 03:09 PM)
Is the Pavillion REIT IPO price 80sen or 88sen if we subscribe ?
*
88sen bro smile.gif
jutamind
post Oct 22 2011, 09:13 PM

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is pavillion reit advisable for investment since it's a single retail reit (as far as i read so far)? been reading that biz in pavillion is not as great as retail store turnover is fairly high.

also already have some exposure to retail related reit such as cmmt and sunreit. so not sure whether another retail reit will do any good to portfolio.


SUSfuzzy
post Oct 23 2011, 03:00 AM

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For now, I'm skeptical about the Pav REITs, considering there are plenty other nice ones going around. But I will wait and check out the prospectus before anything else.

They are talking about a 7% yield, which is decent and certainly better than sunreit.
cempedaklife
post Oct 23 2011, 04:56 PM

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hi all sifus,

new to this REIT, in fact, new to all investment related stuff...

looking forward to learn from u all..
even though i might be short of cash to start investment rightaway at this moment, still its better for me to start learning now...

notworthy.gif
SUSfuzzy
post Oct 23 2011, 11:08 PM

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QUOTE(cempedaklife @ Oct 23 2011, 04:56 PM)
hi all sifus,

new to this REIT, in fact, new to all investment related stuff...

looking forward to learn from u all..
even though i might be short of cash to start investment rightaway at this moment, still its better for me to start learning now...

notworthy.gif
*
Firstly, plan your portfolio bro smile.gif
Bonescythe
post Oct 23 2011, 11:24 PM

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QUOTE(cempedaklife @ Oct 23 2011, 04:56 PM)
hi all sifus,

new to this REIT, in fact, new to all investment related stuff...

looking forward to learn from u all..
even though i might be short of cash to start investment rightaway at this moment, still its better for me to start learning now...

notworthy.gif
*
Prepare 20-30k to hamtam Pavillion Reit then.. smile.gif
SUSfuzzy
post Oct 24 2011, 01:01 AM

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QUOTE(Bonescythe @ Oct 23 2011, 11:24 PM)
Prepare 20-30k to hamtam Pavillion Reit then.. smile.gif
*
Wah, trying to keep others away from your nice goreng stocks are bro? tongue.gif


Added on October 24, 2011, 8:43 am
QUOTE(holybo @ Oct 21 2011, 07:08 PM)
So you recommended TWRREIT? 1.23 is a good entry?
*
At that price, I do not think it provides 8% for your entry anymore, but it is still a solid one to own. I missed out on it few weeks back when it went into 1.19 sad.gif

This post has been edited by fuzzy: Oct 24 2011, 08:43 AM
panasonic88
post Oct 24 2011, 09:28 AM

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Quoted from another forum.

PavReit DPU is 6.41% for the forecast period 2011 and 6.51% for forecast year 2012.

Looks like Mall's Reit yield is lower. eg. CMMT 5.9%, SUNREIT 5.68%

However both CMMT & SUNREIT share price appreciation is more than 10% since their listing date.

This post has been edited by panasonic88: Oct 24 2011, 10:05 AM


Attached File(s)
Attached File  Pavilion_REIT.pdf ( 69.86k ) Number of downloads: 58

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