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 KLCC Reit, Stapled REIT

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felixmask
post Mar 3 2013, 09:34 AM

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anyone calculate/know the yield?
felixmask
post Mar 3 2013, 10:34 AM

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QUOTE(felixmask @ Mar 3 2013, 09:34 AM)
anyone calculate/know the yield?
*
Morning Everyone,


I do my calc after wakeup yawn.gif in the morning ....juz for sharing for every one. The Infor i grab from KLCCP CIMB 20130222 and KLCCP Maybank 20130214.

Pls coment my calc, if i do any wrong calc.

Attached Image

This post has been edited by felixmask: Mar 3 2013, 10:37 AM


Attached File(s)
Attached File  KLCCP_CIMB_20130222.pdf ( 885.26k ) Number of downloads: 128
Attached File  KLCCP_MABANK_20130214_MIB_3198.pdf ( 612.23k ) Number of downloads: 85
felixmask
post Mar 3 2013, 08:39 PM

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QUOTE(hon @ Mar 3 2013, 07:39 PM)
Thanks Felix~
*
dont so fast thanks me,when i look carefully IB report mention the yield different from mine calc.

I still need sifu to comment IB TP. biggrin.gif

Happy reading

This post has been edited by felixmask: Mar 3 2013, 08:39 PM
felixmask
post Mar 5 2013, 08:47 AM

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KLCCP dont hv IPO reits, but embeded as KLCCP Staple


Attached File(s)
Attached File  KLCCP_Press_Release__REIT_.pdf ( 48.16k ) Number of downloads: 143
felixmask
post Mar 5 2013, 09:29 AM

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QUOTE(fergie1100 @ Mar 5 2013, 09:15 AM)
hmm..... so if i own KLCCP 1,000 units, i'll get another 1,000 units of KLCC REIT (1 on 1 basis)? but trade in single listed security? how to determine the pricing?
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It juz financial accouting formality - KLCCSR intends to pay out at least 90% of its distributable income from both KLCC REIT(example PTT)
and the non-REIT KLCCP on a consolidated basis.


In other words - is traded at KLCCP pricing.

you can refer below reports.


Attached File(s)
Attached File  maybank_M_REIT_20121220_MIB_2685.pdf ( 616.58k ) Number of downloads: 252
felixmask
post Mar 14 2013, 08:28 PM

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KLCCP Audit Financial & EGM Notice


Attached File(s)
Attached File  KLCCP_AFS_31.12.2012.pdf ( 415.33k ) Number of downloads: 56
Attached File  klcc_notice_of_EGM.pdf ( 173.94k ) Number of downloads: 44
felixmask
post Mar 16 2013, 01:01 PM

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QUOTE(felixmask @ Mar 3 2013, 10:34 AM)
Morning Everyone,
    I do my calc after wakeup  yawn.gif  in the morning ....juz for sharing for every one. The Infor i grab from KLCCP CIMB 20130222 and KLCCP Maybank 20130214.

  Pls coment my calc, if i do any wrong calc.

  Attached Image
*
HI hyzam1212,

Prev i posted about KLCCP yield.
Pls comment and analysis.




Attached thumbnail(s)
Attached Image
felixmask
post Apr 2 2013, 07:54 PM

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QUOTE(buffett_Investor @ Apr 2 2013, 06:54 PM)
if u have 10,000 existing shares of KLCCP, u will be given an additional 10,000 units of KLCC REIT

But, both the 10,000 KLCCP shares and 10,000 units of KLCC REIT will be stapled together,  meaning that if u sell one, u sell the other too.

if dividend declared (i.e 30 sen), it will be distributed to both KLCCP share and KLCC Reit
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hi buffett_Investor,

You sai lang 10,000 KLCCP ?

forecast dividend is 30 sen per anum. Distrubution will decalre every quarter.
felixmask
post Apr 3 2013, 09:45 AM

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QUOTE(minshome @ Apr 3 2013, 09:34 AM)
Does this mean that if I wan KLCC stapled reit, I need to own KLCCP share first? what is the price now?
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yes. 6.67
felixmask
post Apr 3 2013, 10:51 AM

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QUOTE(minshome @ Apr 3 2013, 10:13 AM)
Will it have formula like KASSET last time (some refund) after listed??
*
No refund and no delist.

This post has been edited by felixmask: Apr 3 2013, 10:52 AM
felixmask
post Apr 3 2013, 10:53 AM

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QUOTE(TakoC @ Apr 3 2013, 10:17 AM)
What?! So in order for me in own KLCC REIT, I must own KLCCP share? Yikes!
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Correct.
felixmask
post Apr 3 2013, 11:17 AM

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QUOTE(TakoC @ Apr 3 2013, 11:10 AM)
I can't figure out how are they planning to implement though. Some of the public may not be aware of it, and apply for the IPO.

Let's say they successfully gotten the IPO, but without holding KLCPP shares, transaction will not go through? Hmm  hmm.gif
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Morning TakoC,

Where you got the IPO source?
you can read at KLCCP announcement or previous posted at KLCCP reits topic or Reits V4 topic.
KLCCP forecast DPU 2013 is 30sen per anum.

This post has been edited by felixmask: Apr 3 2013, 11:29 AM
felixmask
post Apr 12 2013, 10:57 AM

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QUOTE(minshome @ Apr 12 2013, 10:43 AM)
so this mean KLCC stapled REIT will open as >=RM 3.50 on 1st day listing??
*
morning,

Attach the KLCCP notice.

"Our Company will subsequently undertake the RPS Redemption whereby the RPS will be
redeemed at the redemption price approximating RM4.00 for every one RPS held. The
redemption of the RPS shall be fully satisfied in the f orm of U nits. This will r esult in a
distribution of 1,805,333,083 Units to our Entitled Shareholders."

Any one want to share the meaning ?


Attached File(s)
Attached File  KLCC_Property_Holdings_Berhad_Notice__Bursa__20130412.pdf ( 695.72k ) Number of downloads: 23
felixmask
post Apr 12 2013, 11:09 AM

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QUOTE(buffett_Investor @ Apr 12 2013, 11:04 AM)
huh.... then 8.00 KLCCP  tongue.gif  tongue.gif
*
so fast 8.00 klccp.
felixmask
post Apr 12 2013, 11:59 AM

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sharing m-reits report from Am


Attached File(s)
Attached File  M_REIT_20130412_Am.pdf ( 193.25k ) Number of downloads: 59
felixmask
post Apr 12 2013, 07:16 PM

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QUOTE(Nidz @ Apr 12 2013, 07:08 PM)
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
felixmask
post Apr 12 2013, 08:39 PM

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QUOTE(Nidz @ Apr 12 2013, 07:29 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.
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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.

notworthy.gif
felixmask
post Apr 13 2013, 10:12 AM

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QUOTE(Nidz @ Apr 12 2013, 09:42 PM)
haha... no need to apologise, we are all learning here. sweat.gif
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. thumbup.gif
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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 -


felixmask
post Apr 13 2013, 12:09 PM

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QUOTE(buffett_Investor @ Apr 13 2013, 10:51 AM)
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. tongue.gif

Thanks buffett_Investor you opinion.
felixmask
post Apr 13 2013, 01:13 PM

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QUOTE(KVReninem @ Apr 13 2013, 12:21 PM)
wont go below already unless someone crash to klcc laugh.gif
*
indeedlah.

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