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 REIT V3, Real Estate Investment Trust

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soul2soul
post Nov 11 2011, 04:02 PM

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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.
soul2soul
post Nov 11 2011, 04:27 PM

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QUOTE(cherroy @ Nov 11 2011, 04:12 PM)
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/
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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
soul2soul
post Nov 11 2011, 04:37 PM

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QUOTE(cherroy @ 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.
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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 ?
soul2soul
post Nov 18 2011, 11:33 AM

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Dear moderator, where is the link on REIT faq ? I thought it was on the first page of the thread.

Anyway, quick question - how am I going to be paid by REIT? through bank account or cheque? SOmeone tells me they no longer issue cheques now but directly debit into the accoutn registered with CDS??
soul2soul
post Nov 29 2011, 11:35 AM

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QUOTE(gloryyan @ Nov 28 2011, 10:34 PM)
LIKE thumbup.gif  this article.
So far the only Malaysain reit I know with right issue proposed is AMFirst.
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Thanks for the article.


Added on November 29, 2011, 11:37 am
QUOTE(cherroy @ Nov 29 2011, 10:04 AM)
If the right issue is issued at above market price, then you can choose not to.

But if the right issue price is below, then when ex-right time, share price will be adjusted down, so you are losing the differences the between.

For eg. current share price is Rm1.00, they undergo 1: 1 right issue at RM0.80.
After ex-right, share price will be Rm0.90.
By not subscribing the right, you lose out RM0.10 straight away.
shocking.gif

So far, any REITS counter in Malaysia offering rights issue? how's the track record?

This post has been edited by soul2soul: Nov 29 2011, 11:37 AM
soul2soul
post Feb 25 2012, 10:45 AM

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Haih, still not sure if this is the right time to enter REIT looking at property slow down in Malaysia and the highish KLSE at the moment.


Added on February 25, 2012, 10:56 amI got a question, when we purchase REIT, it's based on the market value right, not on NAV right?

BTW, what's NAV for ?

This post has been edited by soul2soul: Feb 25 2012, 10:56 AM
soul2soul
post Feb 25 2012, 11:15 AM

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QUOTE(cherroy @ Feb 25 2012, 10:59 AM)
The net worth of the reit's properties based on latest market valuation.
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Does it mean that NAV is the 'fair value' of the REIT?

When they announce dividend payout, the yield is based on dividend payout / the price which an investor bought the REIT. Correct me if I am wrong.
soul2soul
post Feb 29 2012, 08:39 AM

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I got some noob questions.

1. Assuming I want to purchase REIT at RM1.10 price now, if I go for 10,000 units it should cost me RM11,000 right?

how much is broker fee? I am using a remiser to do it for me. The last I check it's about 0.5% ?

So I need to pay them RM 11, 050 ?

How does the brokerage fee work for REIT?


2. I have registered a bank account for E-dividend. REIT will pay their dividend into the E-dividend account? Will they give me an acknowledge or any letter to tell me that dividend has been credited?

3. In the event the dividend is not being credited, how and where to check/complain?

4. How fast do you get your dividends from the date of announcement till the date it goes into the E-dividend account?

5. Is REIT liquid?

Thanks , seriously looking at some counter.

This post has been edited by soul2soul: Feb 29 2012, 08:43 AM
soul2soul
post May 7 2012, 02:12 PM

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QUOTE(cherroy @ Apr 18 2012, 10:09 AM)
By the way, Axreit result is out, and DPU for the Q is 4.3 cent.
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Q capital dividend payment is through E-dividend or cheque?
soul2soul
post May 7 2012, 03:50 PM

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QUOTE(cherroy @ May 7 2012, 02:37 PM)
E-div.
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Thanks cherroy.

My uncle told me that if one is just looking for dividend/fix income purpose with slightly higher risk, one can just enter the REIT market anytime and hold on to it for medium to long term. He told me not to be so worry about the price fluctuations. This is after I told him I am quite wary at the moment to enter the market because of high valuation of KLSE at the moment and the uncertainty over the pending general election.


What do you think? Would you diversify 20% of your cash into REIT? Don't worry, I won't blame you for any misfortune but would like to have your thoughts on this.

or anyone else with opinion?

This post has been edited by soul2soul: May 7 2012, 03:56 PM
soul2soul
post May 15 2012, 07:52 AM

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QUOTE(cherroy @ May 7 2012, 04:24 PM)
Invest in reit is about economy and property market, not about general election.
There is nothing to worry about pending general election.

It is preferably to enter reit at slightly right time, to get better valuation and yield.
Reit price generally do not fluctuate much.

The more important is to look on the reit underlying properties portfolio, and ability to lease.
Reit is not automatically must be good, and can buy and hold over the long time, and automatically give you good return.
There were poor reit performance as well.
Some study on the reit is needed.

Diversify 20% cash into reit?
I already owned a number of reit for number of years already...  tongue.gif
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Thanks!

Qcap looks very delicious now at 1.12...

any idea when is the dividend payout for Q cap?
soul2soul
post Aug 13 2012, 12:45 PM

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Just picked up a few shares in Amfirst.

Hopefully the DPU yield will be consistent in the next few years.
soul2soul
post Aug 14 2012, 11:15 AM

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Is 1.16 for Qcapita a good entry point?

It looks kind of cheap and DYI should be about 7% at current earning. Any comment?
soul2soul
post Aug 14 2012, 11:24 AM

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QUOTE(funnybone @ Aug 14 2012, 11:18 AM)
QCAPITA is my fixed investment...its strong. At that price might be abit high.....but I still say its worth it...my average entry is 1.054...still happy with it thumbup.gif
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Thanks for prompt reply. I switched to REIT from stocks, just realized I can't monitor the prices everyday, cannot concentrate on my work. tongue.gif

Lucky you can pick up at 1.05. I don't think it will ever fall to that level again , given the level of liquidity in the money market and the possibility of interest rate coming down. Many people might be going to REIT to get higher return.

Do you like Amfirst? Picked up a few , but will the rights issue affect the NAV and the Dividend yield?

AMfirst dropped to about 1.06 now, is it good time to pick up that too?

I am queueing at 1.15 for Qcapita now. See how it goes at the end of the day.

This post has been edited by soul2soul: Aug 14 2012, 11:26 AM
soul2soul
post Aug 14 2012, 11:31 AM

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QUOTE(funnybone @ Aug 14 2012, 11:28 AM)
I don't dare to advice on this one. But yeap, I pump in few myself when the price is at 1.06. This one is purely gut feeling for me.
Seeing the past few days after the rights issue..hovering around 1.05 - 1.06........so I guess it should be the best price to enter to accumulate.....i'm actually thinking of buying in another 50 lots or dump it to STARreit to diverse.

This you have to follow your instinct icon_rolleyes.gif
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wow 50 lots shocking.gif shocking.gif

you must be having lots of passive income at the moment, very good la.

I just started only investing in REIT, hope not too late.

Looking at Qcap and Amfirst.
soul2soul
post Aug 14 2012, 12:45 PM

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QUOTE(wongmunkeong @ Aug 14 2012, 12:10 PM)
er.. bro, the entry price / cost determines one's dividend yield % leh.
U really don't care much about entry price meh?  notworthy.gif
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I would take 6% and above to be a good return for me smile.gif

Want to cry look at FD 3% only , cannot even cover inflation.
soul2soul
post Aug 14 2012, 01:12 PM

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QUOTE(wongmunkeong @ Aug 14 2012, 01:06 PM)
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?  brows.gif
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.
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Well, currently my portfolio for REIT is only 2.5% , considered ok right? If I put in 50% to REIT of course will cry when it falls lor...

This post has been edited by soul2soul: Aug 14 2012, 01:12 PM
soul2soul
post Aug 14 2012, 01:44 PM

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QUOTE(apagranpa10 @ Aug 14 2012, 01:35 PM)
Mind to share how you proportion the rest of the 97.5% in your portfolio ?
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60% PNB funds and longer term FD (5 years)
25% Short term FD (1 month to 1 year)
2.5% REIT + stocks
2.5% Bond
5% Cash
5% Downpayment + repayment for 2 properties

I have very low risk appetite but am trying to diversify into stocks/REIT but I will keep them maximum 5% now, and will increase to 15% once there is a huge discount in the market.

Any comment?

Heard not a good time to enter the stock market and property, but I heard this 2 years ago and the market/property hasn't crashed but my savings in FD has depreciated by taking inflation into consideration.

So my hands a bit itchy now trying to go into REIT, hopefully can get a bit more dividend than FD.

This post has been edited by soul2soul: Aug 14 2012, 01:55 PM
soul2soul
post Aug 14 2012, 02:54 PM

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QUOTE(prophetjul @ Aug 14 2012, 02:10 PM)
a portfolio for retiring.........   biggrin.gif
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I know.. too conservative right? Can you share your portfolio? I have very low risk appetite. Looking at stocks crashing make my heart very weak... that's why don't dare to buy shares at this time. KLCI looks a bit too overvalued.

I read that you invest in Singapore REIT, better than Malaysia?


Added on August 14, 2012, 2:57 pm
QUOTE(wongmunkeong @ Aug 14 2012, 02:08 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.  notworthy.gif
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)"
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Well if there is going to be an economic downturn, any mutual fund/ bond funds/ REIT/ Properties/ Stocks will be hit. The only place you can earn money during downturn is

1. forex
2. shorting futures
3. parking cash in banks (with high interest)

This post has been edited by soul2soul: Aug 14 2012, 03:00 PM
soul2soul
post Aug 14 2012, 03:57 PM

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QUOTE(funnybone @ Aug 14 2012, 03:34 PM)
asiehman..sure got one day the storm will come mah....you see usain bolt can run until so fast compared to last time carl lewis...later market super crash..all reits become RM0.10 brows.gif
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Don't scare me too la. I just started to invest in REIT.


Added on August 14, 2012, 3:58 pm
QUOTE(prophetjul @ Aug 14 2012, 03:13 PM)
Hi S2S

Instead of looking at MY portfolio maybe you should answer these questions

a) Age
b) Retiremnet
c) Targets between now and retiremnet
d) Risk appetite
e) Present evaluation of the mkt

Its not wrong to have a low risk appetite. Only means you may win/lose less!
*
a. Thirties
b. By 40 ?
c. 2 million
d. very low

This post has been edited by soul2soul: Aug 14 2012, 03:58 PM

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