er.. U lost me bro
What are U getting at?
Back to the old "self insure" thinggy again?
OR something to do with REITs?


This post has been edited by wongmunkeong: Aug 2 2012, 06:49 PM

Good lord hehe - i'm seriously lost on what U are talking about.
Run away from IT? run from what?
U mean to tell me U personally know your invested companies' insurances and coverages in detail?

Good for U then.

Me - after SGX, i'm still waiting for EquitiesTracker on AU / ASX data + still searching for some useful historical track records. At this rate, dunno when i'll be prepared enough to even sniff at A-REITs

This post has been edited by wongmunkeong: Aug 2 2012, 09:59 PM

Just a clarification - S-REIT tax free for NON-RESIDENT only. Similar with A-REIT

Hhehe - whoops .
Thou art right - thanks for clearing it up.
Additional ref:
http://seekingalpha.com/instablog/1897541-...singapore-reits


I lumped up everything i saw on my broker's "cost sheet". My bad
Hm.. based on what i just looked up, OZ ada tax wor, albeit only 10% withholding tax.
Gotta go poke my broker.

ah.. thus, in a month or two's time, time to buy into TWRREIT or UOAREIT?
hehe - the saying about making $ on analysts' recommendations, do the opposite.

On a more serious note, since 2009/2010 until today, several analysts and even one or two forumers was really going "chicken little" on office REITs.
And i'm STILL WAITING for it to happen to buy more at lelong prices

Just a thought

This post has been edited by wongmunkeong: Aug 5 2012, 06:15 PM

Yar - when U buy at a lower price, if the dividends paid out are similar +/-, wouldn't your DY% be higher?
I'm into REITs with similar reasoning with U leh.

I was also just wondering what additional data/info katesamsung has, saying "it's still worth it to buy now", price "now" was at RM9.05

Was it Panamy or Gark (sorry ar boss - i'm getting old & foggy), who analyzed and posted RM9 as the break even point.
At RM9.05, not only no +ve spread but...
Can share ar katesamsung - on your personal reasoning/logic?

Domo arigto Panamy-san.
Ah so... paying premium to "get IGBREIT for sure".. ah.. one man's/woman's meat, is another man's/woman's poison hehe

---

Added on August 10, 2012, 11:50 amHuh?
Thought KASSETS will be delisted after IGBREIT takes off?
How so more than $2.43 which is paid back? Sorry ar - neophyte here, please be kind to me

This post has been edited by wongmunkeong: Aug 10 2012, 11:50 AM

My bad, i meant "take off" / delisted as per EONCAP after HL makan, not instantly

Thus, using the "template" of EONCAP after HL makan, how would KASSETS be worth more than $2.43 (again, i better clarify what more means to me - at least 6% more than $2.43) where KASSETS will be delisted after spinning off the "last dividend payout"?

Study what ar boss?
Can give some clue lar - point where to run and dig OR at least, dig for what - i'm a simple dog leh

Danke danke - hunting for it now

er.. i think i'm missing something here
http://www.bursamalaysia.com/market/listed...ncements/974601

Comes to about $9 wor as per Panamy's calc, for every 1 unit of KASSET held, the future value gotten.

Based on this snippet from the URL:


Excel (XLS) in ZIP format for your easy review - hoping that U are willing to teach moi a bit from your POV and value / arbitrage hunting
 Book1.zip ( 83.19k ) Number of downloads: 16

kamsiah kamsiah - i'm hoping google translate does at least a decent enough translation for this bananaman

---------
read - both ori version (to understand structure of posting + numbers) + google translated heheh.
oook.. to summaraize..,
when U meant there's more more value than the current RM9 break-even, U are pointing towards future (ie. 2014?++) value due to the "grow-able" biz ($ psf rental of MidValley Vs others around + near 100% capacity hotness) + revaluation of assets right?

This post has been edited by wongmunkeong: Aug 10 2012, 02:54 PM

There's something wrong with yr URL
should this be it? http://malaysiafinance.blogspot.com/2012/0...ext-biggie.html

er.. bro, the entry price / cost determines one's dividend yield % leh.
U really don't care much about entry price meh?

er.. FD VS REITs - IMHO, cannot just compare yields % leh.
FD has "security" or surety of capital back
REITs tak da. Ask those who were holding REITs Jan 2008 till Mar 2009, how much did their REITs' prices fall.

Some of course say, no probs, hold on sure get yield. Not scared.
Sure boh when U actually see your REITs' worth dropping like 20% to 30% within a year.
ie make 8%pa net but capital loses (price down) 25%pa.
Totally cool and no fear/worries?
If U say, aiya - only 1 year+ mar, please remember, when it was happening in 2008/2009, we do not know how long that 25% to 30% losses will stay, nor do we know how much further it will fall.

This post has been edited by wongmunkeong: Aug 14 2012, 01:07 PM

Er..don't care about DY% coz it's just a number?
Well, if due to the price of a REIT, it's NET DY% is LESS than 4%, U mean U'd still buy?
VS
say bonds or bond funds which have averaged 5%pa to 6%pa?
VS
say FDs 1 year tenure 4%pa+/-?

Serious ka?
I salute U on your focus if U are that gung-ho about REITs.
Personally, i wouldn't touch any REITs if the DY% is less than 5% - if my intention is yields %. Not worth the additional risks.
er.. i'm ignoring asset allocation and other stuff lar yar, just focusing on yields since U mention DY% doesn't matter to U "(as it's just a number)"

er.. isn't it because one doesn't have MILLIONS to invest, one should be prudent enough manage costs of investments and also opportunities?
and there are ALWAYS "somewhere else" to invest unless one is in love or fixated on only specific investments hehe. No right / wrong, just a bit dangerous mindset in my POV

err.. in 1997/1998 and 2008/2009 kabloey, bond funds did very well comparatively.
Heck, i still remember 10%pa net returns those yesteryears and more recently 8%pa to 9%pa during 2008/2009.

Anyhow, you're right in these sense that when things go kabloey, several asset classes will be affected. I was just curious why Ronnie is so gung-ho about REITs, not even caring about price buy-in nor DY%.

Just a thought