Picked up some IGB REIT for 1.23...1st batch.

5+% gross yield...

This post has been edited by gark: Aug 22 2013, 05:38 PM

Next target IF it happens.. will be below 1.20...

No lar.. just happen it met my criteria of 5% net yield (almost )

I thought you say this morning 1 ipad, why now 6 ipad?

Paperloss IS a concern, as loss of capital reduces or eliminate your dividend...

I thought you conservative investor? Why go play MAS.. i would not touch that kind of shares...

never chase 'goreng' stocks...if hand itchy.. use mopiko!

I queued at 1.25... but too bad did not get. There is always tomorrow...

aiks.. you also got sunreit...

we not support, we vampires...

Wah lau.. so bad meh.. her investment.. you must cover back the loss 1 ah?

Like dis if earn leh.. you get some as well?

10k not gonna have much material difference if you wait to buy a few cents lower, there is so much reit counters here.. you budget <1k per reit?

No need to bother waiting for RM 10-20 difference in dividend...not to mention all the brokerage you will incur.

Better you concentrate all 10k into 1 target REIT counter...

This post has been edited by gark: Aug 23 2013, 09:48 AM

The 0.20 special dividend have 10% tax.. so your calculation must less 2 sen. Your profit will be 0.06 instead of 0.08. If you count this way & add in brokerage, stamp duty etc the ROI is slightly higher than FD rate + risk

This post has been edited by gark: Aug 24 2013, 10:02 AM

You read the proposal?

RM 1.90 in capital repayment
RM 0.20 in special dividend which is taxable

That's all you gonna get.

This post has been edited by gark: Aug 24 2013, 10:41 AM

If it is already ex you asking buyers to buy now will not benefit from the extra 4 cents, right. So you cannot count it in NOW, right? If you buy now you get 20+190 only.

Anyway the special dividend of 20 cents will be announced soon, after the AGM. The 1.90 capital repayment will be probably by end of 1 Q next year ~ 5-6 months.

The earlier holders prior to the proposal will benefit from it and also they will benefit since the price is just 1.85 then.

This post has been edited by gark: Aug 24 2013, 10:53 AM

Well that's what you think.. it could happen it could not happen it depends.

If it is not possible, why propose?

In the proposal the sum of 20 cents include FULL liquidation of current assets, cash in hand, debtors and also future payment of rental up to the completion of the proposal.

At first I am interested, but after further reading the proposals etc etc, now no longer interested unless there is a bigger selldown.

Psst. You also might want to look at Bernas currently selling at discount to the privatization offer.

This post has been edited by gark: Aug 24 2013, 11:00 AM

Psst.. now days can send the acceptance form by poslaju already...

This post has been edited by gark: Aug 24 2013, 11:09 AM

Need to drop another 10-20% to get 6% yield...

Too little... from 5% to 6%.. rental need to increase 20%.. can meh?

At this rate few more days drop like this will get 6% yield.. though those holding might cry...

Yep.. today neva pick up ah at 1.22...?