This is negligible as a 0.25% won't make the cost of borrowing differ too much.

The main concern on reit is always tenants issue.

Atrium price plunged to 0.7x, when one of tenants lease expired and not manage to fill in straight away resulted DPU plunge significantly during the period (which afterwards manage to get back the tenant).

Axreit plunged to Rm1.00 because of global financial crisis which people fear refinancing may become more difficult as well as tenants may move out, or facing difficulty in business due to global recession.

Bro wongmunkeong
I'm using MBB nominee
got charged leh
I even called them to confirm
but very minimal only, RM2.50 per transaction for crediting the dividend

As for the withdrawal to savings/current account
sorry it's my mistake, there's no charge at all
I checked again it's for another transaction
just happened that that transaction was done whenever I withdraw from the trading account

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

I also use Hong Leong ebroking nominee b4 but now i use direct CDS coz of the $2.50 charge to bankin my dividend to bank a/c.

can we keep the topics to REIT related discussion? questions on CDS accounts should be directed to stock related topics.

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Added on November 11, 2011, 3:59 pmwe might not get 9% in the near future since the loss of major tenant, CIMB, means lower income for dividends.


This post has been edited by jutamind: Nov 11 2011, 03:59 PM

hi guys, a very noob question here. How do I check the dividend payout of each of the REIT counter? is there any platform to do so or any website that keeps track of it?

I am thinking of diversifying my investment into dividend counters. Read the introduction on REIT - interesting.

Thanks for guidance.

Almost every reit got its own website now.
KLSE website also got full details of its financial report.

You may try this website as well.
http://mreit.reitdata.com/

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

ARREIT good dividend counter?

My risk apetite is low. At this rate 60% of my savings is in PNB funds (AS1m, etc) and some in government bonds (sukuk) . Average yield is about 5%. I am the type of person that would prefer to buy something to hold for medium term (lazy to keep checking prices everyday, no time).

The rest of my savings in FD but the pitiful 3% return is just unbearable. I am thinking of diversifying.

Any good REIT counter to recommend?

I see ARREIT / Qcapita getting most of the good review. I think I will start with 20K buying ARREIT ok or not?

How about DIGi/ Maxis counter - dividend yield ok? sorry if digress - but I see AMWAY, DIGI, MAXIS all giving decent 5-6% DY.

thanks all

This post has been edited by soul2soul: Nov 11 2011, 04:30 PM

Personally I prefer Qcap due to its properties portfolio.

Just personal preference, not meant which is better.

There is no problem to find a stock that yield more than 3-4%, there are some good stocks out there, just risk exposure that one willing to take or not.
It is hard to compare directly as risk wise is different.

Thanks.

What do I need to monitor once I bought the REIT? I mean, read analyst report on REIT, read Star Business ? I intend to hold REIT for at least 3-5 years term ?

How to watch out for REIT counter bad news? will they ever be reported in newspaper ?

May keep latest info from here, once again.
http://mreit.reitdata.com/

Good luck new REIT investor.

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Added on November 11, 2011, 5:45 pmPavilion Real Estate Investment Trust, a Malaysian retail property trust, is marketing its initial public offering to institutions at 88 sen to 90 sen per unit, according to a note sent to investors.

The company expects a distribution yield of as much as 6.73 percent based on its 2012 earnings estimates, the note said. -- Bloomberg

Read more: Pavilion Reit to market IPO at 90 sen/unit http://www.btimes.com.my/Current_News/BTIM.../#ixzz1dO6CDJ5q



This post has been edited by yok70: Nov 11 2011, 05:45 PM

if it does test it's 52 weeks low, it's time for me to buy some ...... for long terms divvy

I think 52 weeks low thing is not suitable to be applied on Reits.
I think Reits more concern on (future) yield. So for the Arreit case, we need to first find out how much rental it could be deducted from CIMB's bye bye.

It's only to see the DY la, if entry is lower, possibility of DY higher ma.. And I do believe they can recover new tenants quite fast, but perhaps the next quarter might be impacted la..

Arreits apparently made some mistakes to purchase some very low yield properties just not too long ago, now intends to sell out.

Don'T u think it is rather a poor decision of their management ?

Or rather it is purely due to some unforeseen circumstances.



This post has been edited by SKY 1809: Nov 12 2011, 11:14 AM

Maybe poor decision. If they manage higher amount of assets, then they can get more income for themselves as well...

Arreit, base on rental income from CIMB the loss of rental is about RM 3.7million. Profit, how much affected?

I can't understand about this bro..

Mind to share more?

From my understanding, if low yield property will generate high yield income.. guess it should be the advantage for them to hike up... Since the dividend yield is still around 8%.. if the price goes down.. how much it could go?

Low yield properties means lower rental yield return from tenants of that properties with high leverage
I think that's what SKY taikor meant

I'm more concerned on the degree of impact on the income due to the loss of CIMB tenancy
If it's substantial and can't get back the tenancy in time
Income distribution will be affected
Hence resulting lower DY

I just bought ARREIT @ 0.865 btw due to price drop

This post has been edited by robinlim: Nov 12 2011, 12:35 PM