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 IGB REIT, worth to buy?

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felixmask
post Oct 30 2012, 12:33 PM

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QUOTE(bennike129 @ Oct 30 2012, 12:23 PM)
anyone care to explain to me what's been happening to IGB, the last price I saw 1.4. Been all the south lately @@
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You may followup from here

http://forum.lowyat.net/topic/2460815/+1460


Private Placement selling their portion. Cost of private placement @1.28 for IGBreit. The volume transacted also rise. smile.gif
felixmask
post Oct 30 2012, 12:54 PM

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QUOTE(panasonic88 @ Oct 30 2012, 12:49 PM)
Aww exciting!

Looks like 1.30 is achieveable, 1.28 need some fishing skill.
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what kind of fishing skill using @1.28? smile.gif


hmm.gif panasonic shld i follow your bait at @1.28 or @ 1.30 ???
felixmask
post Oct 30 2012, 01:01 PM

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QUOTE(bryan5073 @ Oct 30 2012, 12:57 PM)
I bought it at RM1.37!!! Should have waited...  cry.gif
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Hi bryan5073;

You bought during the listing day? I get the same as u. Now averge down.

No one can know it can go down. sad.gif




felixmask
post Oct 30 2012, 01:27 PM

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[quote=bryan5073,Oct 30 2012, 01:10 PM]
I didnt buy it on listing day; I just bought it last week coz that time the price was slowly dropping and I thought it would drop a little only for it to bounce back and then it would continue to rally all the way till RM1.80 or more!!! brows.gif
BUT INSTEAD, it drops till 1.31 pula now!!! cry.gif


Hi bryan5073;

No worry - dividend will declare with 2 month financial closing 31/12/2012. get ready for the ANG POW.
I throw my big net on listing day; cry.gif $$$$
Now have to use pocket money to bait. drool.gif
felixmask
post Oct 30 2012, 01:45 PM

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hmm.gif buy voulume still low; any ppl willing sell below the IPO price brows.gif


Move my bait @1.28
felixmask
post Oct 30 2012, 02:26 PM

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QUOTE(yamatotrading @ Oct 30 2012, 02:22 PM)
they beh tahan already.  tongue.gif
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fISH desperate and Hungry drool.gif ...........better used small bait- get big fish wink.gif
felixmask
post Oct 30 2012, 03:20 PM

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QUOTE(jootat @ Oct 30 2012, 03:13 PM)
let it be first.  already kacau-ed my remiser a lot already today.  if kena 1.30 then keep the shares. 

I tried to right click and it shows, "Reduce/Cancel" but it only allow me to reduce not cancel.
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back to @1.32 ; putting my bait @1.30 - lure the fish.....
felixmask
post Oct 30 2012, 03:40 PM

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QUOTE(jootat @ Oct 30 2012, 03:37 PM)
LOL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! I Must say i am soooooooo stupid!!!!!!!!!!!!! hahahahahaa ....
I keep seeing the pop up and i put 0 .... I thought it was the total number of shares that i want to keep instead of reduce .... HAHAHAHAHAHA

This one really made my day. A joke created for myself! Thx btw ... I decided to leave it but thx for telling me how to cancel ... HAHA !!! i can't stop laughing at myself.
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anyting also got 1st time.... nod.gif
felixmask
post Oct 30 2012, 05:18 PM

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QUOTE(panasonic88 @ Oct 30 2012, 05:01 PM)
Aww which kind angel saved IGBReit today from turning red laugh.gif

Beware as selling force still coming from nowhere. Today is truely rollercoaster day.
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Must be non lowyat forum follower. shakehead.gif
Should form at MASS buying queue...... brows.gif


5.15pm can ta bao go back home. Tmor putting bait @1.30- laugh.gif
felixmask
post Oct 30 2012, 05:52 PM

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QUOTE(yamatotrading @ Oct 30 2012, 05:45 PM)
Roller Coaster day ... saved by million dollar buying.
November will be a long month to wait until the financial report is out.
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November got 2 public holiday, 2 state holiday. shocking.gif

School holiday start 10 Nov- sure got alot ppl off for holiday. peace and quiet time... biggrin.gif

November must be a short month. Holiday passing time very fast; compare to working hour. tongue.gif

Come back frm holiday full of task need to clear. sad.gif

My 2 sen opinion
felixmask
post Oct 31 2012, 05:00 PM

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QUOTE(panasonic88 @ Oct 31 2012, 04:52 PM)
The trend looks like one day down 2c

Very soon tomorrow will see 1.30 liao brows.gif
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everyday i bait @1.30 rclxms.gif
felixmask
post Oct 31 2012, 06:49 PM

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QUOTE(cadmus @ Oct 31 2012, 05:02 PM)
i already que lower than 1.30 d brows.gif
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rclxub.gif
felixmask
post Nov 1 2012, 04:27 PM

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QUOTE(bryan5073 @ Nov 1 2012, 04:17 PM)
IGB REIT is getting back on its feet!!! Buyers almost > Sellers!!!  thumbup.gif
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@1.34 big shark bitting ? the volume so big ? blink.gif


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felixmask
post Nov 1 2012, 04:42 PM

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QUOTE(davinz18 @ Nov 1 2012, 04:29 PM)
Someone buying big amount. 5k transaction 3 times at 4.14pm today
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@1.34 bait then release the fish.........less then 5 min...


Wonder..refering the same shark...
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This post has been edited by felixmask: Nov 1 2012, 04:52 PM
felixmask
post Nov 1 2012, 05:29 PM

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very funny i check the announcement;

All the same number of share done by IGB director.....same shark.. hmm.gif

Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 29/10/2012 Transferred 3,054,240 -
2. 29/10/2012 Disposed 2,000,000 -
3. 30/10/2012 Disposed 423,800 -




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felixmask
post Nov 1 2012, 06:09 PM

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QUOTE(Spidey13 @ Nov 1 2012, 05:53 PM)
Aeon buying into Carrefour. How will this affect Mid Valley?
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Any merging will take time to consolidate.
biggrin.gif Think the good side the transition will draw more crowd to visit MidValley replacing occupy place by Carrefour....

rclxub.gif Worst case two Aeon.....


cool2.gif Still too early to tell, sure the Aeon & IGB will think of something.

laugh.gif Sure will bring my wife see see look look and window shopping.


felixmask
post Nov 1 2012, 06:13 PM

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QUOTE(holybo @ Nov 1 2012, 06:11 PM)
might be igb will search for tesco? =)
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flex.gif good idea.....
felixmask
post Nov 6 2012, 09:53 AM

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QUOTE(prophetjul @ Nov 6 2012, 09:04 AM)
TRY China.......its slowing down.
CPO price is coming down......Indo is prodcuing more...less exports
Agreement signed means nothing when companies go bust.  30% rental expiry is pretty high.
So really depends on the marketability of Mid v with so many malls in KL.
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Hi prophetjul;

Dont worry ...MV and GM 30% doesnt depent on single tenant.
Yesterday is tenant to Brand A;Tomorrow can easy replace by Brand B.
Must understand the crowd(Support from 33m footfall a year) inside spending time and money at MVM and GM.
So many variety Business eagerly to marketing product inside for the customer.
Recession or Financial Crisis cannot avoid if they come didnt meanz you dont need to buy grocery and buying thing for festival(comming Deepavali) ?
(Juz less spending or Dont increase Rental)
MV target audience is low and middle income while GM looking at high income.

I dont see why MV and GM dont have ppl inside the mall compare other mall.
Too much worry in Reits better keep in FD, my 2 cent...

Im a Investor i dont use my whole $$$ inside stock(2/3) and keep 1/3 my portfolio in FD.
Worry too much is gambler; backing the captial apprication for return in short term same like investing High risk stock.


Recession or Slow down ; my opinion the Outside Shop Lot impact becoz it depend the customer to walk in to buy stuff to support their business compare shop in the mall. (my 2 year experince of working inside the mall(selling jeans) and shop lot(family grocerry shop) during schooling time)

Everyday i bait @1.30;.......

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This post has been edited by felixmask: Nov 6 2012, 06:22 PM
felixmask
post Nov 6 2012, 03:15 PM

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QUOTE(prophetjul @ Nov 6 2012, 10:26 AM)
Hi

its really about positive or negative Income growth. REITs are about that.
This REIT is presently all about MV, not much else.

30% expiry is pretty high. You wont get postive rent growth in all of that. If its too high, they will move.
Not all are high end. In fact as you mentioned MV is about middle income.
So the question is will there be growth in their income to justify the stock price?

At Rm1.25, the div yield is only around 5%........

So question is how will they increase their income so that DPU can increase as well?
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I agree IGBreits offer only 5% compare other Reits.
I choose IGBreits compare other mall as below:
1) Location & Portfolio reits
Becoz i residing KL now. Every month i bring wife go MV & GM window shoping.
Compare other mall at penang and kuantan, i cant see the crowd.
Queenmall in penang is good but im not at penang to see the business there.
As investor i dont relies at broker report ; i prefer to see/monitor the business more secure.

2) Corporate/Office strategic working place
Some corporate also there beside targetting the houswife- working class spending the meal and shopping there after work.
I dont see why it cant capture audience inside. I hv friend working at Mid Valley; can be my spy of the ppl and traffic.
I worry less of Midvalley footfall( Prev I work at Bangsar - collegue and I having lunch there especially Friday).
Occasion i have collegue farewell and family gathering at there.

3) Competition fairness & Long term
Hektar dividend better than IGB reits. One of the mall is Center Point (Sungai Petani) from my hometown- yes i agress the mall can give higher dividend- but the mall is too old can be easy replace by other new mall as they is plenty land can develop
compare KL area.

5) Jam with traffic - if no tenant also the parking fee also can generate income to the Reits. The parking fee not high and no low low parking fee can be steam as income with the parking space there. IGBreit dividend can paid the parking fee what i given.


I have other Reits that i hold and dipose based my 2 cent thinking.
wink.gif

This post has been edited by felixmask: Nov 6 2012, 06:22 PM
felixmask
post Nov 6 2012, 06:06 PM

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@IGBREIT didnt drop to my bait @1.30


But Digi almost reach my TP price 5.00 25 Sept 2012.


hmm.gif i may move my $$$$ pocket money bait DIGI....sell off after CNY then park back IGBreit....


sweat.gif hard to decide..... icon_question.gif


Any opinion DIGI can go up....while waiting IGB reits.

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