To add further
using nominee account cannot apply for IPO
IPO is only applicable for direct CDS

and u r right cherroy bro
banks do charge a fee for crediting the dividend into ur nominee account
and another fee charged for withdrawing the dividend out from the nominee account to ur savings/current account

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Added on November 11, 2011, 2:56 pmI entered yesterday at 0.865
Hope the loss of CIMB as tenant will not have great impact on the dividend payout

This post has been edited by robinlim: Nov 11 2011, 02:56 PM

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

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

consistent divi payout
and I believe they'll fill in the gap left by cimb in shortest period
and the price seems attractive to me

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Added on November 16, 2011, 1:38 pmMaybe it was a business decision that went awry
Corporates do make bad decision sometimes
or due to unforseen circumstances that happened later

Maybe the selling back of the properties to the market is to free up the leverage to look for other better opportunities?

This post has been edited by robinlim: Nov 16 2011, 01:38 PM

Management will only listen to experts views
they believe the magic of turning around things as advised by consultants
they never trust laymen views which in fact reflecting the realities
just like the top management at our work place
(sorry no pun intended if happened that you are a top management of a company )
or our gomen

but somehow if they keep on making bad decisions
then it's a real concern as the DPU will definitely be affected

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Added on November 16, 2011, 5:23 pmme too
seems like a lot of people having the same thought

Most likely I'll sell on the first day (if successful)
and wait for it to drop to collect and keep for divvy

This post has been edited by robinlim: Nov 16 2011, 05:23 PM

It's because trading via M2U is through nominee account
which means that any dividend payment will be sent to Maybank first
then only Maybank credits it to your account
Normally you'll receive your dividend 1 week later than those under direct CDS who opted for e-dividend
and also lesser amount as Maybank will deduct RM2.50 for each dividend credited to you

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Added on January 31, 2012, 9:50 amThat explains why I received my income distribution via cheque from ARREIT
but got my income distribution from SUNREIT directly credited to my account

btw, the quarterly report attached together with the cheque from ARREIT shows mistake on the related FY
what's their auditor doing?


This post has been edited by robinlim: Jan 31 2012, 09:50 AM

Arreit holders
Did your income distribution cheque come together with the Distribution Statement?
Until now I've only received the statement, and yet to receive the cheque

Thanks for the info
Btw, if there's a case of lost cheque (I'm not sure how long is considered as lost)
Is the procedure same as listed here for all the companies that handled the issuance of cheques? It seems very tedious and troublesome

http://my-etricor.com/etricor/portals/Inve...aspx?FaqType=IS

All because of Pos Malaysia

Alaqar was heavily beaten down today
Holders shifted fund to IHH kah?