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 IGB REIT, worth to buy?

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TheBestICould
post Aug 27 2012, 11:34 AM

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not available in maybank still. what about other banks ? smile.gif
TheBestICould
post Aug 27 2012, 02:07 PM

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QUOTE(xuexueli @ Aug 27 2012, 11:49 AM)
34 mil.
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Hi xuexueli,

saw ur stock holdings and u bought IHH at 2.80. i thought IPO for IHH is 2.85 ? how did u get it at 2.80? please enlighten me.

Thx smile.gif
TheBestICould
post Aug 27 2012, 02:43 PM

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QUOTE(kb2005 @ Aug 27 2012, 02:28 PM)
Final price is RM2.80. Although we applied it at RM2.85 during IPO but the RM0.05 was refunded to us.
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noted with thanks kb2005 smile.gif
TheBestICould
post Aug 28 2012, 12:31 PM

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QUOTE(abgkik @ Aug 28 2012, 11:48 AM)
It's available now..  wink.gif
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yeap, IGBreit IPO is out in Maybank now. smile.gif
TheBestICould
post Aug 28 2012, 11:29 PM

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QUOTE(kb2005 @ Aug 28 2012, 06:49 PM)
3/10.
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........

This post has been edited by TheBestICould: Aug 28 2012, 11:30 PM
TheBestICould
post Sep 7 2012, 06:16 PM

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QUOTE(kb2005 @ Sep 7 2012, 05:41 PM)
Result out. Oversubcribed by 21.75 times.

http://www.mih.com.my/index.php?page=pr533
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nice.. thanks for the sharing. smile.gif
TheBestICould
post Sep 10 2012, 08:50 AM

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mine too... status still pending from maybank...

TheBestICould
post Sep 10 2012, 07:14 PM

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M2u - unsuccessful moneyflies.gif
TheBestICould
post Sep 10 2012, 10:17 PM

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QUOTE(bennike129 @ Sep 10 2012, 07:15 PM)
still waiting for full confirmation for mine ><  blink.gif
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Good luck ! smile.gif
TheBestICould
post Sep 18 2012, 01:19 PM

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Affin Investment Bank initiated coverage on IGB Real Estate Investment Trust (REIT), which is set to be Malaysia’s largest REIT by retail asset value and market capitalization, with a target price of RM1.43 and an "add" recommendation.

Affin also named IGB as its top pick for the sector.

The target price is a 14 percent premium to the company’s offer price of RM1.25. It is due to list next Friday, boasting two prominent retail malls worth a total of RM4.6 billion (US$1.49 billion) as assets.

Affin said the two assets have enjoyed a high occupancy rate and projects an annual rental growth of 6 to 7 percent for the next two years, buoyed by strong tourist arrivals and a positive outlook for the retail market.

The research house added that IGB’s gearing rate of 26 percent is below the statutory ceiling of 50 percent and below the sector average of 30 percent. “IGB may leverage up by a further RM1.1 billion for immediate yield accretive acquisitions,” said Affin. -- REUTERS

Read more: IGB REIT's target price set at RM1.43 http://www.btimes.com.my/Current_News/BTIM...l#ixzz26UmXDMz8


If the listing date is on this friday, 21st September 2012.
What is the best price for queuing? 1.25 ?
When is the best time to key in our buy orders? 20th 6 pm ?

Did not manage to get it from the IPO..

smile.gif

Thank you very much
TheBestICould
post Sep 18 2012, 03:33 PM

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QUOTE(DigitalTech @ Sep 18 2012, 03:23 PM)
How do I check on my IPO application via M2U?
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login to your maybank2u > Investment > eshare > status enquiry .
TheBestICould
post Sep 18 2012, 03:49 PM

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QUOTE(DigitalTech @ Sep 18 2012, 03:36 PM)
It shows status: cleared.

Meaning?
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meaning your application of the IPO is successful I supposed. I'm unsure cause all my applications are still unsuccessful for the meantime. if its unsuccessful, it'll be auto reversed ( money to be returned back to your savings/current account ) Do check your CD account the day IGB reit is listed.
TheBestICould
post Sep 20 2012, 10:56 AM

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QUOTE(felixmask @ Sep 19 2012, 05:59 PM)
Hi all,
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thanks for sharing


Added on September 20, 2012, 10:57 amenvy nya.. Good luck to those who get the IPO successfully !

This post has been edited by TheBestICould: Sep 20 2012, 10:57 AM
TheBestICould
post Nov 6 2012, 04:10 PM

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QUOTE(felixmask @ Nov 6 2012, 03:15 PM)
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 & GC 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
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thumbup.gif
TheBestICould
post Nov 19 2012, 05:14 PM

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QUOTE(cadmus @ Nov 19 2012, 04:55 PM)
syndicate sudah terbalik. now.. buying syndicate d. lol the amount..wah lau..
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Lol.. more than RM 3 millions transacted during the last hour of trading day shocking.gif
TheBestICould
post Nov 20 2012, 01:00 PM

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QUOTE(felixmask @ Nov 20 2012, 10:08 AM)
My aim put in GOOD stock with DIVIDND same like your. Wait for Golden EGG..and BUY more to LAY more GOLDEN egg.
Telco and Reits.

My 1 lot = 1000 share; juz a small collector since Aug 2008. Some stock i sold becoz not much dividend receive except capital gain.
DIGI 1 lot 
MAXIS 3 lot
KLCCP 1.5 lot
BsdReit 0.7 lot
IGBreit 30.7  lot

The divident receive and yield i didnt keep track. Any suggest website can keep AUTO track for this?
I mostly used Klse.i3investor  track my stock movement but didnt key the divident receive most the time.

Preferal stock which the business i can see/use every time.

Some Reits i wanted to buy; till now never press the button..juz SAVING BAIT mode waiting the US FISCAL CLIFF and GE13.

Hw about yours ?
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nice portfolio Felix smile.gif


Added on November 20, 2012, 1:01 pm
QUOTE(thenightcrusader @ Nov 20 2012, 12:48 PM)
lolx...my portfolio much much smaller than yours. i just started last year.
i keeping 2 counters only:

BAT      200 shares
PBBANK 400 shares

now looking at REITS coz attracted by its steady income stream due to rentals. personally tracking my yield and divvy manually using excel sheet
so far i'm also looking for that type of program that auto tracks divvy and yields based on portfolio. haven't found one yet.
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nice thenightcrusader. at least u got ur goals and plans. slow and steady wins the race. smile.gif

This post has been edited by TheBestICould: Nov 20 2012, 01:01 PM

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