still waiting...REIT no hurry one...

Depends.. got what free gift?

This post has been edited by gark: Mar 20 2014, 03:28 PM

Interesting... tip for extra 'dividend'

1. Invite your entire enlarged family & friends for makan-makan, all go to AGM
2. Fill in proxy form 100 shares for each proxy, make as many proxy as you can
3. If not enough to fill up, can add separate A4 page with proxy list, mail the list before AGM dateline
4. Register proxy at door, one by one separately, take voucher/coupon
5. Listen to 30 mins nonsense, hands up when everyone else hands up...
6. Whole family & friends go for buffett lunch

= win extra 'dividend', how much depend how many person can you proxy.

Got anyone try before?

This post has been edited by gark: Mar 20 2014, 06:14 PM

Min 100 shares or 1 lot

As long as registered shareholder or appointed proxy can attend

Can bring only if you proxy them, the AGM invitation and proxy form will send to your house. Need to send back by dateline before AGM.

No online confirmation lah.. still have to send by snail mail...but you can download the proxy form from bursa website.

Ask your family member send on behalf lor...

How many boxes of kondom you wan to proxy?

US10Y very volatile.. wed jump up, yesterday jump down... those that follow can jump down the building

all because of stupid yellen says wanna raise interest rate in 6 months, now change saying 6 months AFTER recovery... talk putar belit...

This post has been edited by gark: Mar 21 2014, 10:07 AM

because you are in it...

good enough reason kua...

ya its called KFC...

or there is others...

US10Y affects all reits from all over the world...

where?... oh i know at c*t*tel...

there is a spa there with some reputation.. you go before?

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.

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.

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

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

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

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.

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