if car park and 'others' only can contribute ~10% of total earnings, means a lot of ppl going there...biz good, seller happy, seller continue rent ......

if the other way round: less ppl going there, car park always empty --> biz no good, seller no happy, seller quit rent..

strong fundamental determine the biz survival.... owner said igbreit, u must be patience....

I just want to show that car park is not the main money earner... as you have claimed in the previous posting.

Want to talk also use facts mah... and I agree with you midvalley is a resilient company therefore i am a shareholder as well.

This post has been edited by gark: Mar 21 2014, 03:50 PM

Drop until mother also can't recognize. LOL..

no la... i m just indicating that it can be use as a barometer to see how many ppl goes to midvalley....stem from research concepts......if a sudden drop of that, means something is not right d...lesser ppl going there.... then investor go see see is it o not...AGM time go screw the owner lo.... just my POV

Now...when to pull the trigger

Sell orders at 1.14 now...interesting

It is a good company don't get me wrong. In fact i like that it's D/A ratio is still low which enable it to acquire future malls. Its occupancy is also very high >99%. Organic growth is also reasonable at 3%-6%

Currently generating 5.6% net dividend which also is good enough for me as it represents 150 bps above 1year FD.

But if you ask me if IGBreit is a good counter when the price is at RM 1.40/share, i would flatly tell you no because the net dividend then is only around 4% in which can hardly beat FD.

A good company is one thing, a reasonable price to buy in is another thing. Price is not equal to Value.

This post has been edited by gark: Mar 21 2014, 03:57 PM

1-yr FD now 4.1%?

I already pasang net at 1.1X ...

yes you can get 4.1-4.2% (nego) at bank rakyat FD now...

go look in FD thread.

Last time who said yat yat fatt ar

itu...no PIDM protection...irrelevant!

Bought already mah, as it get cheaper then more value buy more lah.

i pasang at 1.13.... waiting only ...add another 2000 unit if can....from dividends elsewhere....my target is to own 30 000 unit...

Still FD.. ok then MBSB is offering 3.99% Affin 3.8%

Remember value is not equal to price.

If 1k-2k unit bila only can get enough...

i already own 24 000 unit... q 2000 first.....next mth add more..wait salary come in.....me kuli la...limited funds.....
if i hoot 6000 unit now, that is 6.8k roughly.....i eat grass liao..

ok understood, but dont put all your eggs in 1 counter yah...

1 put max 10% per counter, max 30% per sector only...diversification reduce your portfolio risk but not your earning potential.

This post has been edited by gark: Mar 21 2014, 04:05 PM

grass is good for u

yeah..got diversify....unless i can rob bro gark for funds....then sure no prob d.. hehehe....
so far so good...mostly 10% per counter ...except igbreit (>20%) ....

go rob pink spider.. catch him at kuchai entrepreneurs park every evening...

his funds can buy 100 honda civic..