it will not be on monday...it has to be before the ex-date, which 25 april 2013

hmm.. then i should buy some before it shoots up.
ive missed the train with BIMB and Mah Sing previously because of wait and see...
but since this stapled reit is backed by 15 year lease with petronas, i dont think GE will have big impact on this counter.

what do you think?

Post election result.Change of gov will/maybe trigger panic selling by foreign fund.
My TP price i want is somewhere rm6 or below.

This post has been edited by felixmask: Apr 12 2013, 07:18 PM

i dont think panic selling by foreign fund will happen here.
the shareholder list doesn't show any significant foreign ownership of this company.
http://www.klcc.com.my/InvestorRelations/D...areholdings.pdf

plus, once its launched as a stapled reit, it'll become the biggest in malaysia (and among asia's biggest).
so, it'll attract more attention from foreign funds to invest.

all the units are currently tenanted and backed by 15 years lease, with 3% rental increase every 3 years.
expected yield for 2013 is 30 sen, which is around 4.2% based on today's price.
i know its a bit lower compared to other reits, but there is also room for capital gains due to its exposure.

well, this is just my 2 cents opinion based on some readings. i need to analyse more about its financial aspect.

pulse check on election:

Chinese vote - i can say 8-9/10 chinese will vote against BN
Indian vote - 7-8/10 will vote for BN, but their vote is negligible since there's no constituency that indian hold majority.
Malay vote - is the most important of all. my sensing said, some are 50-50, some area 60-40 for BN. BN will win if huge turnaround from Malay vote. or PR will become a new government with simple majority if malay voted for them 60-40.

fixed deposit for sabah sarawak... i still see it will contribute to BN.

but it is just my sensing..i could be wrong.

Foreign investor - what's in their mind? The inflow of foreign fund: is it due to status quo of BN government, ; or; new hope for new government? if for current status quo, nothing will happen. if the end mind of foreign investor for new hope and PR lose, it will definitely shake the market temporarily.

Hi Nidz,

thanks fact finding, apologize my remarks.
i got interesting you tube sharing " the last day of lehman brothers", very interest movie before the market panic.
I also pray we dont hv such severe with election result, what ever when anything change ppl panic.
that juz my 2send blow wind. I dont hv crystal report to tell you what happen tomorrow.

haha... no need to apologise, we are all learning here.
i am also worrying about post GE effect. 2008 GE is still fresh in my mind.
took me at least 2 years to breakeven back then (in unit trust investment).
that's why i havent really buy anything since the last 2-3 months, just keep my funds on standby for any opportunity.

too early to say! but I hope it go atleast 10 by 3 years.

when will this happen?

Good morning Nidz,

same to me keep learning and sharing- you can read my sharing and fund supermart v2 today.
Me too pile my cash in FD- else i was thinking to invest in IPO only and bear come.
I have limited MONEY i pile in for cash for stock investment, i planning to move 1/3 to invest to Foreign Currency FD - rate is


Buying stock also i dont use "Sai Lang" but i used 2/3 or 1/3 cash to stock. Remaining 1/3 or 2/3 prepare to average down later if happen.

My TP KLCC i want to enter is rm6 or below . else juz wait or buy other thing. Becoz i dont like capital loss on stock but i rather wait with patient.

I displine myself buy stock to break even my broker fee only -

you wont get below 6 anymore.. most probably around 6.80-6.90 the lowest before the ex-date.

my wet dreamz.....no rush chasing stock.

Thanks buffett_Investor you opinion.

wont go below already unless someone crash to klcc

indeedlah.

bought at RM 6.6, seem late ady.

better than noting.

RM5b mixed commercial development takes shape in KLCC

KUALA LUMPUR, April 22 – Kuala Lumpur City Centre (KLCC) is entering its next phase of development with the construction of a mixed commercial project with a gross development value of RM5 billion.

The project, owned by Cititower Sdn Bhd, will consist of a luxury hotel comprising serviced apartments and residences, a 64-storey Grade A office tower, six-storey retail podium and basement carpark.

Cititower chairman Hashim Wahir said the new development was designed as another iconic landmark for the Kuala Lumpur skyline while complementing the existing prime commercial developments within the KLCC precinct.

“Located at the eastern corner of the KLCC development, this integrated mixed commercial project with a total gross floor area of 3.8 million sq ft, is expected to hype up commercial and recreational activities within the KLCC precinct,” Hashim said at the ground-breaking ceremony for the project here today.

Cititower is a joint-venture company between KLCC (Holdings) Sdn Bhd and Qatari Diar Asia Pacific Ltd.

Hashim, who is also Group Chief Executive Officer of KLCC (Holdings), said the total area for the development was about 1.62 hectares and spanned three plots of land namely Lot 185, Lot 167 and Lot 176.

The mixed commercial development is scheduled for completion by end-2017. – Bernama

was reading this... but the tricky part is to get the value or price of KLCC REIT. Stapled REIT creates more confusion and the company will take advantage of minor investors like us. If you dont understand this, better stay away.

KLCC REAL ESTATE INVESTMENT TRUST - bursa announcement 07/May/2013


http://www.bursamalaysia.com/market/listed...78928075391&786

so listing on klcc stapled reit on 9 May?