Outline ·
[ Standard ] ·
Linear+
REIT V4, Real Estate Investment Trust
|
river.sand
|
 Apr 18 2013, 08:31 AM
|
|
QUOTE(yok70 @ Apr 18 2013, 12:22 AM) As axreit won't drop and continue to move up, i'd sold 70% of my holding already. Yield is too low now, don't like that. KLCCP said 30 sen for current year, so net yield at current price 7.10 is only 4.2%*0.9(10% tax) = 3.78%. Wondering why people still chasing it.  Axreit's yield is low at current price. But if you bought last year at 2.xx, yield is still OK. No? |
|
|
|
|
|
river.sand
|
Apr 23 2013, 03:42 PM
|
|
|
New target prices for AXREIT... RHB - 3.56 HOLD MIDF - 3.48 HOLD Maybank - 3.05 HOLD Kenanga - 3.66 HOLD HwangDBS - 4.05 BUY CIMB - 3.68 BUY (?) http://klse.i3investor.com/servlets/ptg/5106.jspMaybank is bearish while HwangDBS is bullish |
|
|
|
|
|
river.sand
|
May 1 2013, 07:53 AM
|
|
|
QUOTE(marketstore @ Apr 23 2013, 09:33 PM) another quick question...do ppl do DCA on reits Usually investors look at the distribution yield, gearing ratio and maybe property yield. Property Yield = Net Property Income / Property Valuation From Value Investing in REITs by Attlee Hue... As REITs grow by new acquisitions and often by right issues and placement of units, the future cash flow per unit is just a shot in the dar.This post has been edited by river.sand: May 1 2013, 07:59 AM |
|
|
|
|
|
river.sand
|
May 8 2013, 10:16 AM
|
|
|
Election is over. Shouldn't the investors sell REIT and buy the high risk stocks instead |
|
|
|
|
|
river.sand
|
May 8 2013, 11:03 AM
|
|
|
AXREIT 3.80  |
|
|
|
|
|
river.sand
|
May 10 2013, 02:22 PM
|
|
|
QUOTE(ronnie @ May 10 2013, 12:29 PM) Why is the focus on Retail REIT driving the prices so high... AXREIT (office) has also gone up a lot  Retail REIT is generally less risky. Even during recession, people still want to go shopping. |
|
|
|
|
|
river.sand
|
May 17 2013, 05:12 PM
|
|
|
AXREIT - 4.00 But DY is still slightly above 5%. |
|
|
|
|
|
river.sand
|
May 18 2013, 08:20 AM
|
|
|
QUOTE(AVFAN @ May 18 2013, 12:04 AM) at 4.00, yield is 4.5% only, among the lowest. time to sell? http://mreit.reitdata.com/My calculation is based on the total DPU of the last 4 quarters. The DY in the provided link is based on the DPU of last quarter, multiplied by 4. Of course, what matters is the future DPU which, barring office space oversupply, should not be reduced y-o-y. |
|
|
|
|
|
river.sand
|
May 18 2013, 09:08 PM
|
|
|
QUOTE(AVFAN @ May 18 2013, 05:02 PM) you use actual div over historical purchase prices? if so, the yield is surely be higher since price have moved up so much. that will overstate the yield as the unrealized cap gain is assumed not to generate any yield. i prefer the way used in the link, last div annualized over current price to show a current pricture. which then poses the question if the yield has become too low, say <5%, maybe time to sell and put the money somewhere else... No, my formula is: DY = (sum of DPU of last 4 quarters)/(current price) For AXREIT, the DPU for the last 4 quarters are: Q2 2012 - 4.29 Q3 2012 - 4.25 Q4 2012 - 5.60 Q1 2013 - 4.57 Total = 18.71 => DY (@ 4.00) = 18.71/400 = 4.67% BTW, at DY < 5%, I definitely won't add. Whether I would sell depends on whether I can find a better stock. If not, selling a REIT counter and park the money in FD doesn't make sense. This post has been edited by river.sand: May 19 2013, 08:45 AM |
|
|
|
|
|
river.sand
|
May 19 2013, 08:44 AM
|
|
|
QUOTE(AVFAN @ May 19 2013, 01:15 AM) tq for clarification. 4q2012 - my records show only 4.10 taxable+ 1.50 nontaxable. how come 9.52? did i miss getting paid?! if <5%, i dun mean put in fd... i mean buy some other reit giving >5%, e.g. starreit. Oops, sorry, I wrongly looked at the EPU column  Already made correction in the original post. Back to your 5%-rule... The current price may have been 4.00, but it hasn't affected your purchase price, right? Let's say you bought last year at 2.70, the yield at this price is still 6.9%. Why rush to sell? |
|
|
|
|
|
river.sand
|
May 20 2013, 08:46 AM
|
|
|
QUOTE(AVFAN @ May 19 2013, 12:26 PM) » Click to show Spoiler - click again to hide... « reits, like stocks can have cap depr too, depending on when you buy.
e.g. bsdreit or al-hadharah, buy at peak 2.00 a few months ago, now at 1.85 or so.
most reits, however, i see are quite stable, price moving up very slowly.
the point of discussion - if axreit is now at 4.00, yield 4.5%, it is difficult to buy. if more are to sell, the price will drop, returning to a more attractive yield for others to buy or re-enter. but the fact that the price has continuously gone up from 1.xx to 3.xx and now to 4.00 says a lot about investor confidence with this counter, though. so, it remains to be seen if axis can continue to do a good job in investing, generate more income to pay increasingly higher div to catch up with price appr. all investment has risks, a matter of low or high. fd has virtually zero risk, so that is a saving, not an investment. The risk of FD lies in whether its interest rate can beat the inflation. |
|
|
|
|
|
river.sand
|
May 24 2013, 08:15 AM
|
|
|
QUOTE(500Kmission @ May 23 2013, 11:27 PM) Stareit net profit drop by 40.87% (i.e. drop from 25.333m to 14.98m) after bought australian properties. However, if adjust dpreciation, net income not distributed by foreign entities and foreign currency transaction, the net profit increase by 15.98% (i.e. increase from 25.333m to 29.138m). link is http://www.bursamalaysia.com/market/listed...cements/1297457My question is should we sell this share due to 40.87% reduce or buy more due to 15.98% increase? From what I read, net profit is not so relevant to REITs. The important numbers are net property income, DY, gearing and property yield. This post has been edited by river.sand: May 24 2013, 08:19 AM |
|
|
|
|
|
river.sand
|
Jun 1 2013, 09:05 AM
|
|
|
QUOTE(yok70 @ Jun 1 2013, 12:17 AM) 1.Starhill - hotel 2.Al-AQAR Healthcare - healthcare 3.Al-Hadharah - plantation 4.Sunway - mix. majority retail mall. Regarding Starhill - does it actually run the hotels, or lease them to others? If it actually runs the hotels, then the income would depend on guest arrivals, which is not consistent... |
|
|
|
|
|
river.sand
|
Jun 2 2013, 07:44 AM
|
|
|
QUOTE(hehe86 @ Jun 2 2013, 02:27 AM) hey all, to calculate gearing ratio, the formula is (total liabilities/total assets)*100 ya? the total liabilities is also meant total gross borrowings? Liabilities include payables etc. But in gearing ratio, I believe only borrowings/loans are taken into account. |
|
|
|
|
|
river.sand
|
Jun 5 2013, 05:08 PM
|
|
|
AXREIT drops to 3.91!
But still too expensive to buy...
|
|
|
|
|
|
river.sand
|
Jun 11 2013, 08:46 PM
|
|
|
QUOTE(LOWYAT3AB @ Jun 11 2013, 07:37 PM) My comments are based on my studies of technical charts and many years of experience in the share market. The target may be 1.80 but that does not mean that the price will shoot up suddenly from last friday's close of 1.60... REITs are mainly dividend plays. Capital gain is secondary. Hence, TP and charts aren't so important. My 2 sen... |
|
|
|
|
|
river.sand
|
Jun 14 2013, 03:37 PM
|
|
|
STARHILL REIT
In order to facilitate the issuance of the Placement Units, the Manager is proposing to increase the approved fund size of Starhill REIT from 1,324,388,889 units by such number of units to be issued pursuant to the Proposed Placement up to a maximum of 2,125,000,000 units.
Units increase by almost twofold. What is the projected earning of STAREIT?
|
|
|
|
|
|
river.sand
|
Jun 14 2013, 04:06 PM
|
|
|
I hope the extra earnings from the 3 Australian properties will compensate the dilution |
|
|
|
|
|
river.sand
|
Jun 20 2013, 04:49 PM
|
|
|
AXREIT up again, highest 4.18 |
|
|
|
|
|
river.sand
|
Jun 22 2013, 12:24 PM
|
|
|
QUOTE(ronnie @ Jun 21 2013, 05:27 PM) Nice time to buy some AXREIT and PAVREIT. AXREIT - DY at 3.75 is about 5%. I would wait for it to drop further... |
|
|
|
|
Quote
0.0425sec
0.81
7 queries
GZIP Disabled