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 REIT V4, Real Estate Investment Trust

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davinz18
post Mar 15 2013, 06:00 PM

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QUOTE(thxxht @ Mar 15 2013, 05:27 PM)
is PAVREIT overpriced? it's been going nothing but upwards lately, today it closed at 1.65.
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My personal opinion: Yes, Overprice. Div yield also below 5%

Retail reits are "hot" today. Everyone chasing it. Price also very2 crazy

can also refer to http://mreit.reitdata.com/


Decision to invest are yours smile.gif
davinz18
post Mar 18 2013, 05:05 PM

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today reits not so good. mostly red cry.gif
davinz18
post Mar 18 2013, 06:16 PM

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QUOTE(ronnie @ Mar 18 2013, 05:54 PM)
That's good.... can buy more REIT into your holding
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price still very2 expensive cry.gif
davinz18
post Mar 19 2013, 03:19 PM

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QUOTE(river.sand @ Mar 19 2013, 12:10 PM)
CIMB gives BUY call for Axreit, TP 3.68...

http://klse.i3investor.com/servlets/ptres/14612.jsp
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this reit very2 "hot". Going higher by the day shakehead.gif
davinz18
post Mar 19 2013, 03:20 PM

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QUOTE(wankongyew @ Mar 18 2013, 09:50 PM)
AXREIT up another 1.8% today, where got red? Just kidding. Many of my REITs were red at some point or another but most of them turned back green before the end of the day.
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local fund buying to maintain stability hmm.gif
davinz18
post Mar 23 2013, 03:55 PM

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QUOTE(gark @ Mar 23 2013, 12:54 PM)
NAV drop = margin call... brows.gif

This is not impossible, HK property is expected to drop 20%...
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if Malaysia also around 20% cry.gif
davinz18
post May 24 2013, 12:18 AM

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Regarding to Stareit financial performance.

So the main cause of profit drop because of borrowing cost for the Australian properties hmm.gif

Management says full year performance will be better, expecting more revenue etc.

I'm so confuse now rclxub.gif rclxub.gif


davinz18
post May 24 2013, 12:54 AM

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QUOTE(500Kmission @ May 24 2013, 12:46 AM)
management probably think AUS dollar will be better in future, so the revenue will increase. and hope the administration expenses will drop in next quarter.
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I hope so... Since the Australian properties acquisitions, the profit is not so good sad.gif


davinz18
post May 24 2013, 12:55 AM

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QUOTE(ronnie @ May 24 2013, 12:38 AM)
STAREIT.... looks for long term gain and DY.
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thumbup.gif thumbup.gif drool.gif
davinz18
post May 24 2013, 01:12 AM

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QUOTE(500Kmission @ May 24 2013, 01:03 AM)
Ya, if the management fee remain as this quarter in future, the EPS will drop below current DPS (i.e. 1.11 x 4 = around 4.44 compare to 7.60)
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That's I'm worried of. If DPS gets lower, then the dividend yield also lower thus making it unattractive sad.gif

Why the management fee so high, operating in Australia is expensive izzit? hmm.gif
davinz18
post May 24 2013, 01:19 AM

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QUOTE(dD_se7en @ May 24 2013, 01:02 AM)
does freshmen just graduate from uni and new to the investment can invest on REIT? as a passive income, is there any minimal of money needed to invest in REIT, and i heard my friend said most of the REIT already out of stock, means cant buy anymore, like STAREIT, is this true? Newbie here, will appreciate if got answer for this, thanks
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REITs Sold out? where got such thing doh.gif

You can visit the bursa website to know about stock market (including reits & others)

http://www.bursamalaysia.com/market/securi...vest-in-stocks/

http://www.bursamalaysia.com/market/securi...t-trusts-reits/

http://www.bursamalaysia.com/market/securi...on/faqs-on-cds/
davinz18
post May 28 2013, 06:20 PM

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IGB Reit

Review of performance

For the current quarter and period-to-date, IGB REIT’s revenue and net property income, mainly from the gross rental income of Mid Valley Megamall and The Gardens Mall, were RM101.4 million and RM69.1 million respectively, resulting in profit before taxation of RM49.3 million. Year-to-date’s distributable income for the 3 months ended 31 March 2013 was RM57.8million or 1.69 sen per unit, mainly from realised income of RM49.3 million and non-cash adjustments arising from Manager’s management fee payable in units of RM7.0 million.

http://announcements.bursamalaysia.com/EDM...eport-Mar13.pdf

davinz18
post Jun 6 2013, 04:44 PM

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QUOTE(funnybone @ Jun 6 2013, 03:35 PM)
Planning to ditch those low yields REITs first like SUNREIT brows.gif
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thumbup.gif thumbup.gif rclxms.gif
davinz18
post Jun 6 2013, 04:46 PM

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QUOTE(cherroy @ Jun 6 2013, 11:26 AM)
Yes, I would agree reit valuation is rich at the moment, yield about 4~5%, with premium over the NAV.
But the problem is after selling the reit, money put  at where to "work"?
Other stock price valuation is not cheap either across.
FD? only 3%
Bonds? Quality bond also around 3-4%.

That's the "problem" of selling reit.
I would agree reit is a bit risky at current pricing, particularly for office space, but there is little alternative investment out there that for investors.
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You gotta point there. Agree with you smile.gif
davinz18
post Jun 12 2013, 02:43 PM

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Investing in Reits is mostly for the dividend. If got some capital gain, then it's bonus for the investor. The main concern now for most malaysian Reits is the dropping of dividend yield. Some of the "famous" Reits are now below 5% Dividend yield & still going lower. Some of the Reits are overprice & still some are chasing it like there's no tomorrow doh.gif

Just my personal Opinion biggrin.gif
davinz18
post Jun 14 2013, 02:15 PM

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What going on in Starhill Reit??? So what will happen on the dividend yield? So high gearing level. The big question, why there's no Research by IB on this Reit.

So anyone could help me icon_question.gif
davinz18
post Jun 14 2013, 02:39 PM

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Starhill REIT

Total borrowing

RM 1,581,800,000 (before)
RM 793,800,000 (after)

Gearing Ratio

50.63% (before)
25.41% (after)

http://announcements.bursamalaysia.com/EDM...%28Final%29.pdf


After reading, I could conclude that Stareit could be looking to buy more asset using loans (thus increasing borrowing limit to 60%). Placement of New units is to partly pay the Marriott Hotels Acquisition loans. Expected NAV is at RM1.10







davinz18
post Jun 14 2013, 03:47 PM

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So how?

what to do hmm.gif

- Starhill Reit -
davinz18
post Jun 14 2013, 04:09 PM

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QUOTE(yok70 @ Jun 14 2013, 04:03 PM)
not buying more.
but will keep current holding and see how later.  sweat.gif
they may push price up for private placement sentiment.  hmm.gif
or, may set the placement price very low that cause massive selling.  cry.gif
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okay.

Maybe we need wait & see how.

Hope the management could give some kind of briefing to the media, IB & Retail Public smile.gif

Hope for the Best
davinz18
post Jun 14 2013, 04:16 PM

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QUOTE(Smurfs @ Jun 14 2013, 04:09 PM)
This 1 made me worried.

Since it is a proposal , so it is subject to approval of unitholder during general meeting. If majority unitholder say no , then tak jadi lor?  hmm.gif
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From what I know, the 60% borrowing limit is for future assets acquisition via loans (Hope the future acquisition could bring more2 income drool.gif )

Yup, IF majority reject means NO to Proposal biggrin.gif
(YTL & related parties hold almost 70% of stareit, how to reject hmm.gif )

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