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 REIT V4, Real Estate Investment Trust

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funnybone
post Feb 4 2013, 07:20 PM

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QUOTE(davinz18 @ Feb 4 2013, 06:28 PM)
The company which need the money would do it to unlock value & raised some money.
Who knows maybe our government assets would be listed as Reit to reduce debt level.
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I wanna own Sri Perdana, can kick out troublesome PM anytime I want brows.gif
funnybone
post Feb 6 2013, 02:45 PM

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I'm waiting for my bonus to put into REITs brows.gif
funnybone
post Mar 1 2013, 09:30 AM

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QUOTE(choongyouqi @ Mar 1 2013, 09:19 AM)
no money in my bank account yet up till this morning, although I received an email yest. hmm.. hmm.gif
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Wait for few more days. Its normal brows.gif
funnybone
post Mar 5 2013, 11:24 AM

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QUOTE(tang82 @ Mar 4 2013, 07:29 PM)
Does anyone received Qcap Divident yet?
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Wait for it. Me using MBB, sometimes will delay for few days. Have not received my STARREIT, SUNREIT also
funnybone
post Mar 5 2013, 04:58 PM

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QUOTE(ShinG3e @ Mar 5 2013, 04:54 PM)
And I have a question.  biggrin.gif

What do you think about the probability of a mall tenant compare to office tenant in terms of bankruptcy? I mean the chances.

blink.gif
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For premium malls like pyramid, pavilion and midv, the queue for tenancy is more than 1km......one go another will come in. However, for office tenants, it is quite impossible for those big conglomerates like BMW, DHL to go bust. There is a chance, but quite remote brows.gif
funnybone
post Mar 5 2013, 05:34 PM

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QUOTE(river.sand @ Mar 5 2013, 05:28 PM)
Big conglomerates don't go bust, but they buy their own office buildings, and move out from the rented properties  brows.gif
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True. There are so many external factors to consider. That's why it is called investments with calculated risks. You can gain or lose brows.gif
funnybone
post Mar 15 2013, 10:16 AM

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QUOTE(BboyDora @ Mar 15 2013, 09:41 AM)
Sunreit good to go? Eyeing on this and alaqar..  Haven't enter till now.
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Maybe try to wait after the election to enter....since you've waited until now...a mth or two won't make much difference brows.gif
funnybone
post Mar 22 2013, 03:12 PM

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QUOTE(AVFAN @ Mar 22 2013, 03:00 PM)
interesting that i asked my fren about qcap and response was he's about to sell them all, like u described!

actually, it's the same with amanahraya - good yield but zero cap gain for so long...

looking at starreit, axreit and igb, sunreit.
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I think there is a misalign on why we invest in REITs. Priority is for the dividend and if as you have pointed out, the yield is still good, then we should hold on to QCAP. Capital gain is definitely not the main purpose brows.gif
funnybone
post Mar 22 2013, 03:31 PM

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QUOTE(AVFAN @ Mar 22 2013, 03:25 PM)
yes, quite agree. yield is more important.

only thing is it is always nice to have some cap gain after a year or 2!

i dun hv comfy feeling if price is all stagnant as the assets get older and older...
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The reason why PAVREIT and SUNREIT is flying is because of perception that retail REITs are the best right now. Recession-proof. In a sense it is true.
However, if you bought in QCAP early, you should keep them also for the dividend yield. If you sell and buy PAVREIT/SUNREIT/AXISREIT at this point of time means you're going purely for capital gain alone coz the price is massively inflated with low dividend yields.

Its a choice and as the other person puts it, only a crystal ball can tell the outcome brows.gif
funnybone
post Mar 22 2013, 04:27 PM

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QUOTE(cherroy @ Mar 22 2013, 04:21 PM)
I personally think that at current pricing of reit, the room of capital gain is rather limited.

From experience, there is no such thing of recession proof. In theory sound perfect.

But if recession does hit, just matter of degree being impacted.
Even the retail reit is not being hit by recession (due to lease signed), but due to overall market sentiment, price may dip as well.
As it is very seldom to see overall market dipping, while a stock is not (yes, it could dip less). Market move up and down mostly together just differ in more and less.

They may be so called "recession proof" but upside also limited, as rental/lease won't increase dramatically even though economy is booming, as if economy is booming, interest rate may rise as well, which high interest rate may make reit looks less attractive.
Those retail reits are flying, another reason, they are large cap, with liquidity whereby fund manager, insurance fund, fixed income fund manager can buy into it, as a platform to provide fixed income to the fund.
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Agreed but only when recession hits then only we can see what will truly happen. Not until then. So every individual should just continue to invest based on their leverage and appetite for risk-taking. One individual is definitely different from another individual yet both can't say for a fact that the other is wrong brows.gif

This post has been edited by funnybone: Mar 22 2013, 04:28 PM
funnybone
post Mar 22 2013, 04:37 PM

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QUOTE(Smurfs @ Mar 22 2013, 04:33 PM)
If you look back to the recent crisis happend at 2008-09 , most reits plunged too.

STAREIT once dropped to 0.55 while axreit was around RM1 that time.
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True but we have new boys in town..SUNREIT and PAVREIT......need to truly gauge their strength when recession hits..only then will be economic data for reference brows.gif
funnybone
post Mar 29 2013, 04:16 PM

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I heard the MRT construction is taking a toll on Sg Wang. It is becoming less attractive to shop there already
funnybone
post Mar 29 2013, 04:22 PM

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QUOTE(felixmask @ Mar 29 2013, 04:19 PM)
I believe ppl looking for more spacious mall to walk arnd ....like pavillion compare sg wang.
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Guess so. Sg Wang is gonna join the ranks of Imbi Plaza, BB Plaza soon brows.gif
funnybone
post May 10 2013, 11:15 AM

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Everyone thinks the REITs prices will fall so everyone acted the opposite...that's why it didn't brows.gif
funnybone
post Jun 6 2013, 03:35 PM

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Planning to ditch those low yields REITs first like SUNREIT brows.gif
funnybone
post Jun 6 2013, 04:35 PM

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QUOTE(AVFAN @ Jun 6 2013, 04:31 PM)
pls do! i'm q'ing to buy at 1.59! sweat.gif
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Will only ditch if breach 1.70 though brows.gif
funnybone
post Jun 14 2013, 03:22 PM

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After reading thru here, considering to dump my STAREIT too
funnybone
post Jul 19 2013, 12:34 PM

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SUNREIT is getting much more attractive now brows.gif
funnybone
post Jul 30 2013, 07:01 PM

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I'm piling up SUNREIT definitely brows.gif
funnybone
post Aug 9 2013, 10:56 AM

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QUOTE(wongmunkeong @ Aug 9 2013, 10:20 AM)
Bro, sometimes keep for dividends BUT see capital DEPRECIATION (ie. price falling below purchased price) also kecut leh.
Dunno about U but i get similar feelings like invest2013.

Personally, i do have a cut-loss point, even for REITs - especially if it misses my expected DY% after XXX days held.
Of course, if it keeps falling AND the properties are doing well + acceptable D/E & great DY, i buy more lar tongue.gif

Any sifus & investors here can share their thoughts on their REITs stock management?
ie. when cut loss, when average down?
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I get the same feeling too. I understand that buying REITs is for dividends but as a "part-time" investor, we more or less also concern about capital depreciation. End of the day, it still affects our hard earn money and I believe everyone should have this concern as well (unless you're investing to lose money). For me, if there are depreciation of the capital, usually will average down but there will be a cut-off point. I will only do thrice because sometimes stock trading depends on the big kahunas. If they keep on dumping there is no way we can continue to average down. At that point of time I'll just stop and hold (coz I also don't like the feeling of losing money by force sell too).

A good thing about REITs (I hope), sooner or later the price will jump up to a comfortable level too. My take is, continue to hold if you're able to and if not, only sell. If a person laments that he could have put the money in a different stock other than REITs then he is not suitable to be a REITs investor. What I do is I segregate my total of money for investment into 2 portions. One for REITs and the other for other stocks (but I still stick to properties, not sure why..hehe)

Just my take. Any feedback to my approach to fine tune it would be appreciated brows.gif

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