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 IGB REIT, worth to buy?

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gark
post Sep 21 2012, 11:41 AM

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QUOTE(cscheat @ Sep 21 2012, 11:34 AM)
commission how much if i wanna grab 10000 unit


Added on September 21, 2012, 11:36 amuser posted image
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Cash upfront = 10000 x 1.36 x (0.1%+0.03%) + stamp duty = RM 17.68 + RM 14 = 31.68 rclxms.gif

Online = 10000 x 1.36 x (0.42%+0.03%) + stamp duty = RM 61.2 + RM 14 = RM 75.20

Phone = 10000 x 1.36 x (0.6%+0.03%) + stamp duty = RM 85.68 + RM 14 = RM 99.68

simple calculation lar... tongue.gif

This post has been edited by gark: Sep 21 2012, 11:44 AM
gark
post Sep 21 2012, 11:46 AM

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QUOTE(GloryKnight @ Sep 21 2012, 11:42 AM)
Im not sure how much MBB charge, I will use the normal 0.7% thru phone.

10,000 units at 1.36, brokerage + clearing fee + stamp duty = 113.28.

Net payment: RM13,713.28

Breakeven at RM1.38
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Now days still got people pay 0.7% for brokerage meh? Up-car jor.... rolleyes.gif
gark
post Sep 21 2012, 11:51 AM

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QUOTE(yamatotrading @ Sep 21 2012, 11:49 AM)
thru phone / direct to remisier normally 0.6%-0.7%, unless u trade above RM100,000 can enjoy 0.3%. or better.
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Yeah.. phone order charged at 0.6% ok lar.. but 0.7% a bit expensive. Nowdays use cash upfront account cheaper at 0.1%... rclxms.gif
gark
post Sep 21 2012, 11:58 AM

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QUOTE(cscheat @ Sep 21 2012, 11:55 AM)
Bro, one more question.

1. cash upfront = 0.1% ??? ( Anyone can explain this ?)
2. Online = M2U trading platform 0.42%
3. Phone = Call remiser 0.6 - 0.7%
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Cash upfront account ... inquire with your broker to know more. You cannot trade unless you have money in your account. So no contra, T+3 etc but it is cheaper.

If from MBB then google for ... Maybankinvest 0.1% Trading Fees

This post has been edited by gark: Sep 21 2012, 12:01 PM
gark
post Dec 12 2012, 01:57 PM

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QUOTE(praveenmarkandu @ Dec 12 2012, 12:13 PM)
axis is a good reit. listened to the manager (stewart lebroy?) twice. some good points he makes about axis (and other industrial reits) compared to others is that they are very safe. he gave the example that tesco (one of their tenants) wont just move out the next day unlike a hospitality reit which is very season based. industrial reits are leased for quite a while and tenancy is agreed in advanced so you know what you are getting for the next few years.
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Except... when the company renting the factory goes under... just like what AmanahREIT experienced with the silver bird factory... Once a factory/warehouse is vacated it is very hard to rent out as usually the new owner will need to customize it. wink.gif

Or like carrefour, when take over, can choose the close stores as well....

This post has been edited by gark: Dec 12 2012, 01:58 PM
gark
post Dec 14 2012, 10:07 AM

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QUOTE(felixmask @ Dec 13 2012, 07:35 PM)
your Direct account also charge fee of rm1?

Tomorow must really ask alot question.

The transfer fee from Nominee to Direct account = rm10.
Total cost = rm8 +10 =rm 18 tranfer to Direct Acc  brows.gif
Saving Rm 3. using this way purchase...... any ppl do such transaction ???  hmm.gif
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1. Direct accounts got no dividend/warrant/rights fees... if got don't take laugh.gif
2. Usually share transfer is free, ask/insist broker to adsorb brows.gif
3. Account opening fees is also free, ask/insists broker to adsorb brows.gif

gark
post Jan 30 2013, 08:32 PM

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QUOTE(moon yuen @ Jan 30 2013, 07:20 PM)
a bit less .... Is it subject to tax ?? OR non taxable ?
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10% tax, not claimable.
gark
post Jan 31 2013, 01:40 PM

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QUOTE(tekoo @ Jan 31 2013, 12:12 PM)
Noob question here.
What does the 10% taxable mean?
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You pay 10% of the dividend as tax to government. You receive the other 90% of it. tongue.gif
gark
post Jan 31 2013, 03:29 PM

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QUOTE(Xiaofeng90 @ Jan 31 2013, 01:43 PM)
if rm10 dividend also need pay rm1 to tax??
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YES even 10 cent also need to pay 1 sen tax.

This post has been edited by gark: Jan 31 2013, 03:30 PM
gark
post Jul 19 2013, 10:06 AM

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QUOTE(ronnie @ Jul 19 2013, 09:55 AM)
It's very good time to "own" a piece of Midvalley + Gardens
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Probably can afford to own 1 car park space only... laugh.gif Next time i go ask them to reserve 1 space for me, say i hold enough shares to own it. laugh.gif See what they say... whistling.gif

This post has been edited by gark: Jul 19 2013, 10:06 AM
gark
post Jul 19 2013, 10:31 AM

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QUOTE(Pink Spider @ Jul 19 2013, 10:07 AM)
Queuing at 1.29 blush.gif
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Whats the difference 1.29 vs 1.30 yield difference is like 0.01% doh.gif

This post has been edited by gark: Jul 19 2013, 10:32 AM
gark
post Jul 19 2013, 10:34 AM

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QUOTE(Pink Spider @ Jul 19 2013, 10:33 AM)
Queuing right below the psychological resistance of 1.30 mar laugh.gif

No lar, I see see look look think think, feel can start to accumulate my 1st batch of REIT units wink.gif
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IMHO reit is still not so exciting now... there is not much yield compression anymore. tongue.gif
gark
post Jul 19 2013, 06:02 PM

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Gonna queue at 1.25...next week laugh.gif few hundred lots... biggrin.gif See can get or not...

This post has been edited by gark: Jul 19 2013, 06:12 PM
gark
post Jul 22 2013, 06:28 PM

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QUOTE(davinz18 @ Jul 22 2013, 05:08 PM)
very2 soon can get my preferred price of below rm1.25 drool.gif  biggrin.gif
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Today close 1.28 everyday drop 1 cent.. friday can get at 1.25. laugh.gif rclxms.gif
gark
post Jul 25 2013, 05:24 PM

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Heh My queue for 1.25 not matched... maybe now should revise queue to 1.20... wink.gif

Everyday drop 1 sen.. next week can get...

This post has been edited by gark: Jul 25 2013, 05:25 PM
gark
post Jul 25 2013, 05:30 PM

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QUOTE(panasonic88 @ Jul 25 2013, 05:25 PM)
So, make it next week? tongue.gif
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Lower better mah... higher yield. brows.gif Historically Mall high quality Reit trading at between 5.0%-6.0% after tax yield.

Based on estimated after tax DPU - 0.06

1.20 - 5.0%
1.15 - 5.2%
1.10 - 5.4%
1.05 - 5.7%
1.00 - 6.0%

Between 1.00 to 1.10 is the 'safe' bet. wink.gif

This post has been edited by gark: Jul 25 2013, 05:33 PM
gark
post Jul 25 2013, 05:33 PM

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QUOTE(Pink Spider @ Jul 25 2013, 05:31 PM)
Ewwwwwwww really cry.gif

Start planning to queue too wink.gif
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Why cry.gif ? I tot you like higher yield.. so can fix your IRR? tongue.gif
gark
post Jul 25 2013, 05:45 PM

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QUOTE(felixmask @ Jul 25 2013, 05:42 PM)

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You calculations haven't minus the 10% tax lar.. we only count money in pocket as yield. tongue.gif
gark
post Jul 26 2013, 11:36 AM

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QUOTE(SKY 1809 @ Jul 26 2013, 11:15 AM)
U think the yields from car parks are good compared to the  construction  costs . hmm.gif

Some malls have converted some car parking space into shopping spaces despite charging more fees than Mid Valley....
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Ok lar.. Car park net income is about 12 million per year compared to total next income of 76 million. About 15.7% lar.

Now you know why always no parking 1.... laugh.gif
gark
post Jul 26 2013, 12:13 PM

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QUOTE(SKY 1809 @ Jul 26 2013, 11:59 AM)
How to get a net income of 76m a year, net profit is rm 153 m a year
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That one include revaluation income, interest income and other income (include parking). Gross rental income is 110 million, net rental income is 76 million.

This one is based on FY2012.

I am merely comparing parking income vs rental income.

This post has been edited by gark: Jul 26 2013, 12:14 PM

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