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 REIT V4, Real Estate Investment Trust

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davinz18
post Sep 7 2012, 06:04 PM

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IGB reit balloting result out.
http://www.mih.com.my/index.php?page=pr533
http://www.mih.com.my/index.php?page=bs533p
davinz18
post Sep 11 2012, 04:13 PM

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IGB Reit IPO failed. As expected.
davinz18
post Sep 12 2012, 04:00 PM

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QUOTE(ronnie @ Sep 10 2012, 10:27 PM)
REIT is good to keep long term for dividends...
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rclxms.gif thumbup.gif
davinz18
post Sep 25 2012, 04:33 PM

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Hoping no withholding tax for reit. If reduce to 5% also okay but i would prefer no withholding tax. Anyway wait for budget to see.
davinz18
post Sep 28 2012, 06:32 PM

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Budget 2013 already finish announce.
Looks like the withholding tax for REIT stays at 10% vmad.gif cry.gif
davinz18
post Oct 6 2012, 03:39 PM

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Thinking about Starhill Reit. Any recommendation or any research paper on it. Personal opinion or any sifu opinion are most welcome icon_question.gif icon_question.gif

This post has been edited by davinz18: Oct 6 2012, 03:39 PM
davinz18
post Oct 9 2012, 04:38 PM

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QUOTE(Smurfs @ Oct 9 2012, 11:13 AM)
STAREIT :

1) is a pure-play hospitality REIT,almost all property under long term lease already.Hence it's income is predictable
2) no major upside due to fixed lease rate.Only 5% increment of lease rate for every 5 years (if i'm not mistaken)
3) low gearing

So if u doesnt mind collecting around 6.9 cents pa for the next 5-10 years( if there is no further injection aka buying new properties ) and without hoping much on capital appreciation , then it is a good choice.

Dividend yield around 6-7 % and with current price it is still trading below NAV.

My point of view  icon_rolleyes.gif
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Good point you have there. Thanks for the advice. My friends also told it's a good stock. thumbup.gif rclxms.gif


Added on October 9, 2012, 4:40 pm
QUOTE(yok70 @ Oct 9 2012, 11:53 AM)
Its local hotels (which is the majority of its current assets) has 15 years lease with slight increment of lease rate every 5 years. So stable income for sure. And I think it also has one hotel in Japan.
Injection of the 3 Marriott Hotels in Australia, if successfully by end of this year, may double its market capital size. Yield may raise by 20-30% when getting full earnings from these new assets.
fyi, JAPAN$ gain 80% and AUS$ gain 50% in past 20 years.

biggrin.gif
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high foreign exposure, more income thumbup.gif rclxms.gif

This post has been edited by davinz18: Oct 9 2012, 04:40 PM
davinz18
post Oct 14 2012, 12:52 PM

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Why can't the government abolish the withholding tax on REIT like other countries.
Suddenly fall in love with REIT but don't like the the withholding tax vmad.gif vmad.gif
davinz18
post Oct 16 2012, 06:20 PM

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Starhill REIT got aproval from Bank Negara (Controller of Foreign Exchange Administration Dept) for the remittances in respect of the Proposed Acquisition (MARRIOTT HOTELS - AUD 415,000,000)

Maybe end of the month can get the Circular/Notice for EGM brows.gif

davinz18
post Oct 17 2012, 09:20 PM

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QUOTE(yok70 @ Oct 16 2012, 07:51 PM)
Accumulated quite enough already in past few weeks at 1.03-1.04.  thumbup.gif
How about 1.25 by year end? My wet dream.  tongue.gif
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Bought some for long term thumbup.gif
I think maybe could reach 1.25. It depend on the Marriott Hotels Proposed Acquisition. Now you could see the movement not so much, around few cents only. Hoping after completed the acquisition, Starhill reit could fly high thumbup.gif
davinz18
post Oct 18 2012, 03:27 PM

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QUOTE(cherroy @ Oct 18 2012, 03:24 PM)
The election issue is overly exaggerated.

We do not know when is the election, how is the election outcome will be.

The one to determine whether want to invest or not, is about personal view on the pricing of the reit, aka whether it is worth or not to invest at current level.

We don't have crystal ball to predict whether the price will drop or not when election time, it is uncontrollable factor, the only controllable factor by one is whether to buy or not to buy at current level or now.
Never predict the market will fall or rise.
If view pricing is too high, just stay away, and wait.
If view pricing is ok, then justify by oneself whether to enter now or not.

Never think of tomorrow price will rise or drop, then use it to justify what to do now. It is not investing, but more like betting already.
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thumbup.gif nod.gif notworthy.gif
davinz18
post Oct 19 2012, 05:48 PM

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Starhill Reit up today thumbup.gif

Some good news today after a big disappointment on Astro smile.gif
davinz18
post Oct 19 2012, 10:11 PM

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QUOTE(aronteh @ Oct 19 2012, 07:01 PM)
Is there any news on Starhill Reit? hmm.gif I help to push it up today. flex.gif
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there's No news today. what I mean was stareit make me happy today because it went up higher thumbup.gif
davinz18
post Oct 21 2012, 12:11 AM

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QUOTE(aronteh @ Oct 19 2012, 11:13 PM)
Maybe you can thanks me. brows.gif I have been accumulating and help push it up.
[attachmentid=3110157]
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Thanks for buying smile.gif
Maybe next week you could buy more so can make me more happier brows.gif


Added on October 21, 2012, 12:18 am
QUOTE(umapathy @ Oct 19 2012, 08:07 AM)
Hai Sifus,

I'm a newbie to REIT investment.

Can i invest in any REIT?

What is the minimum investment for this investment?

Please advice.

Thanks
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You could visit this website => http://mreit.reitdata.com/

All about Malaysian Reit, Their Dividend yield & NAV

This could give you some inside about malaysian reit

This post has been edited by davinz18: Oct 21 2012, 12:18 AM
davinz18
post Nov 3 2012, 12:15 AM

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Starhill reit not moving much as I hope to.

closing price maintain RM 1.09 for few days.

when will it fly kaw2 hmm.gif

Still below NAV unlike other "Famous" Reits


http://mreit.reitdata.com/

This post has been edited by davinz18: Nov 3 2012, 12:18 AM
davinz18
post Nov 3 2012, 03:05 PM

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QUOTE(yok70 @ Nov 3 2012, 06:58 AM)
Me too, waiting. But I have more patient than you. I'm no rush, I can wait.
The acquisition of Australia's hotels is not completed yet. I bet price will only surge after the announcement of that.
No intention to sell it anyway until yield reaching below 6% then only consider to sell some off.  biggrin.gif
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I'm also not rushing to sell now, just that if stareit goes up, then it could cover my loss on astro.

stareit is my long term investment & also my passive income brows.gif

why it take so long to complete the Australia hotel acquisition, already few month now hmm.gif


davinz18
post Nov 9 2012, 05:45 PM

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QUOTE(JamesPond @ Nov 9 2012, 05:10 PM)
AMFIRST shareholder kena con 1st time.
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how hmm.gif rclxub.gif
davinz18
post Nov 27 2012, 03:42 PM

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QUOTE(H86 @ Nov 27 2012, 02:11 PM)
KLCCP trading halt.. Something might happening
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maybe related to upcoming KLCC Reit

http://forum.lowyat.net/index.php?showtopi...l=ipo+klcc+reit

This post has been edited by davinz18: Nov 27 2012, 03:42 PM
davinz18
post Nov 30 2012, 04:46 PM

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Starhill REIT - On behalf of the Board, AmInvestment Bank is pleased to announce that the Proposed Acquisition has been completed on 29 November 2012.

http://www.bursamalaysia.com/market/listed...cements/1131965

does it mean no EGM / meeting to vote for the proposed Marriott Hotel Acquisition like the last one hmm.gif


davinz18
post Nov 30 2012, 05:17 PM

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QUOTE(yok70 @ Nov 30 2012, 04:57 PM)
Approved long time ago loh, I think.  biggrin.gif
Not much response yet....which I believe will happen soon. Just my wet dream.  tongue.gif
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Just curious how they completed the Marriott Hotel Acquisition without asking shareholders approval at EGM / meeting. The way of announcement look like they have completed the Hotel Acquisition fully & the asset are in starhill reit.

Okay, maybe we need to wait for the meeting circular for the proposed Marriott Hotel Acquisition. Hope all this could be completed by end dec.

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