Those Private Placement fellas got their shares from yesterday onwards. (cost about 1.28, including charges).
So they are disposing it causing the selling pressure.
Im on of them, lol. But i Q-Sell 1.38.

Minimum application is worth RM250,000.
As you can see from Tuesday report there are 313.89million units traded off market (worth about RM400million).
This is a huge force guys, but i dont think all will be dispose off just like that, and for those who wanted to cash out urgently might just sell it at 1.34-1.35.
good chance to accumulate. I bought 10,000 shares today @ 1.34, Q-buy 10,000 @ 1.33.

Whats the projected dividend yield for this reit?

They put a EPS forecast of 6.38 cent for FY2012, and 6.71 on 2013.

So yield can count from there, whereby the manager also assumed 100% distribution for 2012 and 2013.

As yield is depended on one purchasing price, so we cannot say it is 5.0, 5.2, or 5.5%,
so we need to put how much distribution we can expect.

For reit, revenue or rental income is predictable, so generally it won't differ much than most forecast made.
So there is little surprise for reit financial report generally.

Reit is not doing ordinary business, whereby you can generate more income through more business made.
Reit only has the portfolio property to rent out, and rental income is known and predictable through lease signed.

cimb so bullish.