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 IGB REIT, worth to buy?

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elea88
post Mar 21 2014, 11:44 AM

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QUOTE(Pink Spider @ Mar 21 2014, 11:19 AM)
TOPIC OF THE DAY:

WHY INVESTORS HATE IGBREIT? rclxub.gif
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maybe because.. lots ppl lost money with IGB (incl me!). Below IPO wor....

gark
post Mar 21 2014, 11:47 AM

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QUOTE(Pink Spider @ Mar 21 2014, 11:37 AM)
live chicken...that gives u pleasure brows.gif

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where?... oh i know at c*t*tel... rolleyes.gif
SUSPink Spider
post Mar 21 2014, 11:54 AM

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QUOTE(elea88 @ Mar 21 2014, 11:44 AM)
maybe because.. lots ppl lost money with IGB (incl me!). Below IPO wor....
*
Love your enemy tongue.gif

QUOTE(gark @ Mar 21 2014, 11:47 AM)
where?... oh i know at c*t*tel... rolleyes.gif
*
Pannai woo brows.gif
gark
post Mar 21 2014, 12:02 PM

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QUOTE(Pink Spider @ Mar 21 2014, 11:54 AM)
Love your enemy tongue.gif
Pannai woo brows.gif
*
there is a spa there with some reputation.. you go before? brows.gif
SUSPink Spider
post Mar 21 2014, 12:02 PM

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QUOTE(gark @ Mar 21 2014, 12:02 PM)
there is a spa there with some reputation.. you go before?  brows.gif
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I don't go spa...aku minum mabuk je tongue.gif
maxsteel2001us
post Mar 21 2014, 12:07 PM

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QUOTE(elea88 @ Mar 21 2014, 11:44 AM)
maybe because.. lots ppl lost money with IGB (incl me!). Below IPO wor....
*
invest ma...as long as Midvalley still standing there.....is ok d.....got div as long as > our FD and inflation......
if drop, ma buy more lo...till They open southkey megamall.......i pass by that 1..looks good location though for me....

better than i invested in pcsf last time totally earn nothing even in -ve territory.....

if tmr u wake up, u no c midvalley there, even jialat......
gracelim2202
post Mar 21 2014, 12:17 PM

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QUOTE(gark @ Mar 21 2014, 11:33 AM)
US10Y affects all reits from all over the world...  yawn.gif
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Thanks gark, now queuing to buy at RM1.12 cool2.gif
SUSPink Spider
post Mar 21 2014, 12:33 PM

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QUOTE(maxsteel2001us @ Mar 21 2014, 12:07 PM)
invest ma...as long as Midvalley still standing there.....is ok d.....got div as long as > our FD and inflation......
if drop, ma buy more lo...till They open southkey megamall.......i pass by that 1..looks good location though for me....

better than i invested in pcsf last time totally earn nothing even in -ve territory.....

if tmr u wake up, u no c midvalley there, even jialat......
*
choi choi choi tongue.gif
gark
post Mar 21 2014, 01:20 PM

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QUOTE(maxsteel2001us @ Mar 21 2014, 12:07 PM)
invest ma...as long as Midvalley still standing there.....is ok d.....got div as long as > our FD and inflation......
if drop, ma buy more lo...till They open southkey megamall.......i pass by that 1..looks good location though for me....

better than i invested in pcsf last time totally earn nothing even in -ve territory.....

if tmr u wake up, u no c midvalley there, even jialat......
*
you invest also need to see capital loss one mah.. otherwise you give midvalley many many years FOC rental loh due to capital loss..

cannot simply buy one, REITs are NOT RISK FREE .... southkey is going to be another 5 years or so...they have to wait till the mall >99% rented out with good cash flow only can inject into reit one.
felixmask
post Mar 21 2014, 01:22 PM

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QUOTE(gracelim2202 @ Mar 21 2014, 11:30 AM)
Hi have been following on and off in this thread.

Mind to share, how "heavy" is the US10Y influence on local REIT, particularly IGBREIT?
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Sorry...i share example of AYAM and AH KUA

We made few character

USA AYAM =US10Y
M'sia AYAm = MSG10Y
Ah KUA = MReits
Uncle Ben= FED


In 2008/209 US facing Financial Crisis, to made the US economic good they need the US AYAM cheap so they create QE3 drug. When cheap and high voulme Qe3 drug in the WORLD, therefore investor will hv more money to HAPPY PARTYING buying stock at Develop conuntries stock examply of AH KUA become overprice in 2010-2012

When USA AYAM yield become lower mean AYAM is Old aunty and no standardy anymore.
No investor also looking for better service for the same amount.
Investor flock to AH KUA paying the same price, for old aunty AYAM yeild meh.

When USA economic good 2012/2013, Uncle BEN want USA AYAM want to raise Yield to slow down the Losse credit aka QE3 drug.

Econmic Good already;still want give cheap AYAM meh..Uncle BEN decide to increase USA AYAM Yield . Only that..investor dont over or slow HAPPY PARTYING to the market or call Ah KUA. All the money back to USA AYAM.

When US AYAM raised Yield..our M'ISA AYAM also want to raised the Yield aka BNM MSG 10Yield.


Becoz those USA AYAM increase mean pretty and better service sure those extra money earn or borrow will flow back to USA AYAM which more stable and pretty.
USA AYAM is higher giving more servies the same amount for Ah KUA still need to call AH KUA meh ...

Hampsap sure want AYAM which HOT and SExY one brows.gif the reason AYAM USA increase.
AH KUA cant give such service as AYAM, then AH KUA need to give cheaper price.


M'sia also kiasu increase M'SIA AYAM too loh.

When M'SIA AYAm yield also increase, do you still want to find AH KUA meh ?

When AYAM giving more and AH KUA giving still the same yield..still want the money keep buying at AH KUA..sure go find M'SIA AYAM.

Now you know when AYAM is high..sure ppl will find them, and AH KUA will go down now..as not giving attrative dividend for keeping Ah KUA compare Keeping AYAM

This post has been edited by felixmask: Mar 21 2014, 01:32 PM
maxsteel2001us
post Mar 21 2014, 01:40 PM

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QUOTE(gark @ Mar 21 2014, 01:20 PM)
you invest also need to see capital loss one mah.. otherwise you give midvalley many many years FOC rental loh due to capital loss..

cannot simply buy one, REITs are NOT RISK FREE .... southkey is going to be another 5 years or so...they have to wait till the mall >99% rented out with good cash flow only can inject into reit one.
*
well..already basah liao...buy liao...so to me ..ma keep lo.....at least got dividend..... drop = chances ( valid for good fundamental stocks )...so is igbreit a good and strong company? --> for me, generate a lot of cash from carparks....

for southkey, i just wait n c, since kepala dah basah ma (in cantonese).....
warren buffet said "I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over."

i oso got carlsberg that i bought at 4.28. that time ppl questioned the carlsberg sg acquisition and no confident....investment need time....long term, mid term, short term........

those not yet buy, ok la.....those buy a lot d 1...can opt to leverage down.....diff ppl diff strategy.....
felixmask
post Mar 21 2014, 01:45 PM

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QUOTE(maxsteel2001us @ Mar 21 2014, 01:40 PM)
well..already basah liao...buy liao...so to me ..ma keep lo.....at least got dividend..... drop = chances ( valid for good fundamental stocks )...so is igbreit a good and strong company?  --> for me, generate a lot of cash from carparks....

for southkey, i just wait n c, since kepala dah basah ma (in cantonese).....
warren buffet said "I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over."

i oso got carlsberg that i bought at 4.28. that time ppl questioned the carlsberg sg acquisition and no confident....investment need time....long term, mid term, short term........

those not yet buy, ok la.....those buy a lot d 1...can opt to leverage down.....diff ppl diff strategy.....
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i stock idiot rclxms.gif agree with your way...

As long good and confident the company can give a good result
maxsteel2001us
post Mar 21 2014, 01:58 PM

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QUOTE(felixmask @ Mar 21 2014, 01:45 PM)
i stock idiot  rclxms.gif  agree with your way...

As long good and confident the company can give a good result
*
i oso stock idiot 1...i dono how to read charts 1....all i know is
1. buy good companies that has good management and yield for dividend / growth and biz nature.
2. learn from past mistakes ( pcsf fund ---> go for leverage, then sell it since no good, and make RM100 profit only..kept for 2-3 yrs coz of the leverage.... )

i oso learn from the sifus here...many sifus here 1....
felixmask
post Mar 21 2014, 02:07 PM

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QUOTE(maxsteel2001us @ Mar 21 2014, 01:58 PM)
i oso stock idiot 1...i dono how to read charts 1....all i know is
1. buy good companies that has good management and yield for dividend / growth and biz nature.
2. learn from past mistakes ( pcsf fund ---> go for leverage, then sell it since no good, and make RM100 profit only..kept for 2-3 yrs coz of the leverage.... )

i oso learn from the sifus here...many sifus here 1....
*
im too in PCSF
maxsteel2001us
post Mar 21 2014, 02:25 PM

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QUOTE(felixmask @ Mar 21 2014, 02:07 PM)
im too in PCSF
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another 1 victim... well, u sold? or still keeping? or take risk to leverage down?

for me, bought during launch, free 1%. from a high 0.26+ drop till 0.13+...i bought some to leverage down monthly until breakeven is 0.18. Then, it reach a peak 0.19+. i switched to psbf.......now price 0.1678....
SUSPink Spider
post Mar 21 2014, 02:31 PM

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Public China fund? Infamous fund biggrin.gif
topearn
post Mar 21 2014, 03:16 PM

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QUOTE(maxsteel2001us @ Mar 21 2014, 12:07 PM)
invest ma...as long as Midvalley still standing there.....is ok d.....got div as long as > our FD and inflation......
if drop, ma buy more lo...till They open southkey megamall.......i pass by that 1..looks good location though for me....

better than i invested in pcsf last time totally earn nothing even in -ve territory.....

if tmr u wake up, u no c midvalley there, even jialat......
*

If such a big place as midvlley disappear, it could only mean war has started and the emermy has dropped a bomb/s on the place. Then it's really jialat for everyone....everyday eat sweet potato only.

maxsteel2001us
post Mar 21 2014, 03:30 PM

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QUOTE(topearn @ Mar 21 2014, 03:16 PM)
If such a big place as midvlley disappear, it could only mean war has started and the emermy has dropped a bomb/s on the place. Then it's really jialat for everyone....everyday eat sweet potato only.
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yup...my colleague told me, the car park collect a lot of $ every day....

if dono how to invest, buy good fundamental company with good track management and the biz is good, unless really bad luck like Transmile case, so dun put all eggs in 1 basket can d.. that's what my friend's dad told me b4....he retired at the age of 40 last time and now sit there collect dividend only..........
gark
post Mar 21 2014, 03:34 PM

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QUOTE(maxsteel2001us @ Mar 21 2014, 03:30 PM)
yup...my colleague told me, the car park collect a lot of $ every day....

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If you bother to read the financial reports, car park and 'others' only contribute ~10% of total earnings. Majority comes from renting the shop lots. rolleyes.gif

Sigh.. all talk about fundamentals but no body reads the reports anymore these days...

This post has been edited by gark: Mar 21 2014, 03:35 PM
SUSPink Spider
post Mar 21 2014, 03:38 PM

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QUOTE(gark @ Mar 21 2014, 03:34 PM)
If you bother to read the financial reports, car park and 'others' only contribute ~10% of total earnings. Majority comes from renting the shop lots.  rolleyes.gif

Sigh.. all talk about fundamentals but no body reads the reports anymore these days...
*
IF they charge like Suria KLCC...watch one movie and have dinner, parking RM10++...huat liao brows.gif

This post has been edited by Pink Spider: Mar 21 2014, 03:39 PM

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