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 REIT V3, Real Estate Investment Trust

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yok70
post Mar 20 2012, 01:04 PM

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QUOTE(Jordy @ Mar 20 2012, 12:29 PM)
Pana-jie,
Easy, just get a rich husband. Then you can have few houses already tongue.gif
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To get a rich husband is more like goreng stock (high risk high gain), to get a great husband is more like invest stock (steady income). tongue.gif


Added on March 20, 2012, 1:07 pm
QUOTE(Desvaro @ Mar 20 2012, 11:21 AM)
Cheeroy, may I know how this website reached a figure of 8% yield on STARREIT?

http://mreit.reitdata.com/
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I also get it from this website. So it's 8.6% gross yield.
Anyway, lets just assume it to be 7-8% then. No need think too hard on this. tongue.gif


Added on March 20, 2012, 1:09 pm
QUOTE(cherroy @ Mar 20 2012, 10:29 AM)
It can be advantage and disadvantage as well.
Advantage, already said.
Disadvantage, if rental market exploding to upside, you don't get the increment of income like those shorter lease one especially for the like mall or office type.

To me if I want to opt for a stable fixed income, Stareit is one of good choice, aka don't mind getting 6.6% yield with little capital appreciation/depreciation issue.

Little worry on tenant issue, as already under long term lease, apart from tenants close shop (which is another story)
Little worry on financial market credit freeze (like 2008) that can affect the refinance cost and ability due to low gearing.

But, upwards potential is capped (so does for most reit), due to fixed lease rate while there is only 5% increment of lease rate for every 5 years.
*
I am still a bit blur blur on how to judge the income from Hotel reit.
Is the rental fees fixed at certain rates? Or is it depends on the hotel's business?
Thanks! notworthy.gif

This post has been edited by yok70: Mar 20 2012, 01:09 PM
yok70
post Mar 20 2012, 02:32 PM

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QUOTE(cherroy @ Mar 20 2012, 02:03 PM)
Do not rely any website to count, count your own is the best and most accurate answer.

It is fixed, disregard the hotel profit or loss.
You rent the premise to the hotel management company, you received the rental, the rest of hotel business issue, is none of your business.


Added on March 20, 2012, 2:09 pm
The data is accurate, but we cannot rely on past data to count, we need to latest and projected DPU aka from its operation.
Previously Stareit distributed the realisation of gain of disposal of Lot10 and Starhill to Starhill Global, those are not repetitive in the future.

In the previous proposal of changing Stareit into hospitality reit has stated clearly the projected DPU may be around 6.9%.
http://announcements.bursamalaysia.com/edm...cquisitions.pdf
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Thanks for the clarification. notworthy.gif
So I assume KPJ reit is also the same case right? Its income has nothing to do with the hospital's business.
yok70
post Mar 20 2012, 03:08 PM

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QUOTE(cherroy @ Mar 20 2012, 02:45 PM)
Same across even for CMMT, Sunreit, those retailers in the mall business has nothing to do with them.
Having said that, if the mall business is good, means the future you have a chance to raise the rental rate.
You hope the tenants doing well as well, although it is  none of the reit concern.
Tenants doing well can pay rental on time, have a chance to renew and raise rental rate as well when lease expired

Reit is about rent/lease the property only.
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I think I read somewhere that Boustead reit is a bit weird. It can earn more if palm oil price surge up? smile.gif
yok70
post Mar 20 2012, 03:23 PM

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QUOTE(wongmunkeong @ Mar 20 2012, 03:12 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).
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That seems like a REIT + palm oil ETF 2-in-1 product. biggrin.gif
yok70
post Mar 29 2012, 04:31 AM

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QUOTE(Jordy @ Mar 29 2012, 12:53 AM)
I have unloaded ALL of my holdings in AXREIT at 2.70 biggrin.gif
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And why was that? notworthy.gif
yok70
post Mar 29 2012, 02:46 PM

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QUOTE(Jordy @ Mar 29 2012, 07:37 AM)
yok70,

Because my profit has reached 106%, so I should lock it in already. Futhermore, I feel it is a little overpriced at current value, so it is time to be careful.
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I see. Any profit is good profit. thumbup.gif
As for myself, I use dividend yield to judge REIT's valuation. biggrin.gif
yok70
post Apr 1 2012, 12:43 AM

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QUOTE(CP88 @ Mar 30 2012, 09:55 PM)
What's cooking in Alaqar?  hmm.gif

Such as sharp increase in  a day..... rclxub.gif
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Very suspicious right? Suddenly up 10% after private placement announcement of price at as long as 1.08. So I sold all mine on Friday at 1.28-1.30. Dividend already ex, so got my dividend too. rclxms.gif
Waiting to re-enter at....hopefully a much lower price. icon_idea.gif
yok70
post Apr 2 2012, 04:10 AM

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QUOTE(CP88 @ Apr 1 2012, 02:23 AM)
Yea. Good for you that you have Alaqar..  What's your entry price ...?  rclxms.gif
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1.17 biggrin.gif
yok70
post May 29 2012, 03:59 AM

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QUOTE(H86 @ May 28 2012, 06:13 PM)
The numbers looks weird. CMMT has 0% current dividend yield and Hektar has only 5.36% although both of them already listed more than a year so there is no problem in getting current yield. But number at there showing error.
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quite unreliable table. better delete it. hmm.gif
yok70
post May 31 2012, 06:47 PM

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It seems to me that they seller already got a buyer before selling. Since the queue just suddenly popped out from nowhere. hmm.gif
yok70
post May 31 2012, 10:13 PM

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QUOTE(protonw @ May 31 2012, 08:05 PM)
The buyer must have known there is big seller who wants to cash out.... I guessed. hmm.gif And my average so damn high  cry.gif
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the price will move back up max within a month or two. see cmmt, past few weeks went down to 1.35 or so from 1.5x, and look where is it now. icon_rolleyes.gif
yok70
post Jun 5 2012, 08:09 PM

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Anyone know Alaqar distribution payment is half year or quarterly? Has it changed to quarterly now? notworthy.gif
yok70
post Jun 12 2012, 02:52 AM

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QUOTE(H86 @ Jun 11 2012, 08:44 PM)
Estimated timeframe:

Listing of IGB Reit on Mid-August 2012.

Got the info from the thick paper that i received today (i am 1 of the tiny shareholder in KASSETS).
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what paper was that? posted to you by kassets or who? notworthy.gif
yok70
post Jun 14 2012, 08:11 PM

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QUOTE(CP88 @ Jun 14 2012, 06:34 PM)
BJTOTO is a good for dividend. You can average it down and wait for the special repayment.  thumbup.gif
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If, its share price won't go down more than that special repayment. Good luck. laugh.gif
yok70
post Jun 15 2012, 12:31 AM

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QUOTE(SKY 1809 @ Jun 14 2012, 09:00 PM)
TM has quite good capital repayments plus some Dividends over the years and  its share  price does not seem to fall hmm.gif

It is like yr property price goes up from 500K to 800K, and you can redeem the capital gain of 300K , and yet u still own the the same property. hmm.gif
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The problem with bjtoto is that it is becoming a holding company, therefore an instant reduce in valuation of 10-15% will be happening by then. And on top of that, the holding company holds less shares of the actually assets (that will be hold by the new singapore company), I think is 20% less, so the profit in bjtoto will also reduce by 20% in long run. And if there is no free singapore shares give to bjtoto shareholders, no matter how high the valuation in singapore company, there is nothing benefit to the holding company in malaysia at all. Therefore, i'm based on this that predict its share price to fall down unless some good news announced (ie. give reasonable free shares of the new singapore company to bjtoto shareholders). hmm.gif


yok70
post Jun 18 2012, 02:13 AM

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QUOTE(holybo @ Jun 15 2012, 05:43 PM)
cmmt from 1.74 drop to 1.67 in just less than half an hour...
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rabbit please come to 1.40. tongue.gif
yok70
post Jun 22 2012, 12:49 AM

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QUOTE(CP88 @ Jun 21 2012, 06:02 PM)
You sold your previous rabbit already?  laugh.gif
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no. i just wait to buy only. very greedy me. biggrin.gif


Added on June 22, 2012, 12:50 am
QUOTE(holybo @ Jun 21 2012, 11:22 PM)
I also sold off my cmmt.. waiting for better entry..
*
this one very volatile. from 1.75 to 1.60 now. later can reach 1.50 also possible. tongue.gif

This post has been edited by yok70: Jun 22 2012, 12:50 AM
yok70
post Jun 23 2012, 12:32 AM

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QUOTE(Vinct @ Jun 23 2012, 12:14 AM)
This is first REIT in Malaysia give Right Issue, the next one to follow would be Hektar.
Base on Singapore REIT experience, the REIT's price will fall to lowest at the time when the Right come out. The reason is those who do not want to participate the Right, will sell their mother share and take the money to subscribe the Right. After the Right share listed, it will take few weeks to stable, then it will move up to the reasonable price again.

I am not sure if Malaysia will follow the same pattern or not, let see.
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thanks for sharing. notworthy.gif
only time can tell. tongue.gif
yok70
post Jun 26 2012, 04:57 PM

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QUOTE(panasonic88 @ Jun 26 2012, 03:48 PM)
Requoting Moppy's post.

Moppy's calculation is correct.
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Entitlement date for the proposed distribution in specie(end-sept) is later than the listing of IGBreit(mid-aug)? What does that mean? And the completion of proposal is end-march 2013? I blur blur already. Can someone please explain a bit. notworthy.gif
yok70
post Jun 26 2012, 08:04 PM

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QUOTE(H86 @ Jun 26 2012, 07:54 PM)
Proposed to be March 2013 end everything.

Should means something as below:

Early Sep get IGB Reit shares.

Then March 2013 get those capital reduction,....
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So Kassets holders will get their IGBReit shares one month later after the reit listed on bursa, and only able to get back the remaining cash 7 months later? Wow, this is weird deal! I newbie, so this is normal for such case? notworthy.gif

This post has been edited by yok70: Jun 26 2012, 08:05 PM

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