Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed

Outline · [ Standard ] · Linear+

 REIT V4, Real Estate Investment Trust

views
     
SUSwankongyew
post Nov 10 2012, 03:29 PM

Regular
******
Senior Member
1,177 posts

Joined: Nov 2007



QUOTE(JamesPond @ Nov 10 2012, 12:00 PM)
means they are not impressive
*
Surely that's because the rights issues caused an increase of shares in circulation, thus dilutes the existing income from rentals, hence lower dividends per share. In the meantime, the influx of cash means lowering the REITs debt ratio, thus increasing its share price. Investors will have to wait until the cash from the rights issues are used to buy new income-generating properties before they can expect to see any increase in dividends.
SUSwankongyew
post Nov 15 2012, 03:48 PM

Regular
******
Senior Member
1,177 posts

Joined: Nov 2007



QUOTE(JamesPond @ Nov 14 2012, 11:48 AM)
no need to back with statement, if you bull this counter, just buy, do not afraid of negative comment.
*
I think people are curious if you know something that they don't.
SUSwankongyew
post Nov 16 2012, 10:55 AM

Regular
******
Senior Member
1,177 posts

Joined: Nov 2007



QUOTE(JamesPond @ Nov 16 2012, 10:45 AM)
If i am the share holder, i am not afraid 1 of my land not able to rent out for awhile but, I am worry they fake their book and abusing their benefits.
*
Interesting. Are you accusing Amfirst's managers of this? On what basis?
SUSwankongyew
post Nov 22 2012, 03:00 PM

Regular
******
Senior Member
1,177 posts

Joined: Nov 2007



QUOTE(davetan @ Nov 22 2012, 12:38 PM)
All the information on that site is old.
SUSwankongyew
post Dec 6 2012, 11:25 AM

Regular
******
Senior Member
1,177 posts

Joined: Nov 2007



Seems like all of the REITs have been sliding somewhat over the past two weeks or so. CMMT's drop is especially noticeable.
SUSwankongyew
post Feb 22 2013, 10:46 AM

Regular
******
Senior Member
1,177 posts

Joined: Nov 2007



QUOTE(JamesPond @ Feb 22 2013, 10:38 AM)
never always trust so much over the analyst. If they can make big buck, they wont be sitting here and do future analyst.

Like what it said,

Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.
*
I agree that we should not expect too much from REITs this year if only because they have done so well over the past two to three years. Yields have been compressed due to so many new investors chasing the hot new thing on the market.

On the other hand, I find JamesPond's repeated disparaging comments about REITs annoying. Whenever he gets called on to explain his remarks, he simply disappears. To give him the benefit of the doubt, he may be right. But without some supporting links or explanation of his reasoning, his comments only sound like he has a personal vendetta against REITs for some reason.
SUSwankongyew
post Mar 1 2013, 02:41 PM

Regular
******
Senior Member
1,177 posts

Joined: Nov 2007



Man, AXREIT going up like crazy due to excellent results. I guess I should be glad since it's the single largest counter I have but it's still kind of ridiculous how AXREIT is still the best performing REIT even after so many investors have pushed it up so high.
SUSwankongyew
post Mar 18 2013, 09:50 PM

Regular
******
Senior Member
1,177 posts

Joined: Nov 2007



QUOTE(davinz18 @ Mar 18 2013, 05:05 PM)
today reits not so good. mostly red  cry.gif
*
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.
SUSwankongyew
post Mar 22 2013, 04:50 PM

Regular
******
Senior Member
1,177 posts

Joined: Nov 2007



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.
*
One specific risk for REITs is interest rate rises when they need to refinance debt since all of the REITs are leveraged to a lesser or greater degree. Here is one article on Bloomberg warning about the risk to Singaporean REITs:

http://www.bloomberg.com/news/2013-03-18/s...heast-asia.html
SUSwankongyew
post Mar 23 2013, 10:00 AM

Regular
******
Senior Member
1,177 posts

Joined: Nov 2007



QUOTE(sylar111 @ Mar 23 2013, 04:42 AM)
Just curious. If say there is a property bubble and property price drops, would reit price also drop since REIT is dependant on rental?
*
REIT prices would most certainly drop. A drop in property prices would cause severe financing problems for REITs since they use the properties themselves as collateral for loans and current Bank Negara rules limit them to a maximum leverage of 50%. Those REITs which are already close to the 50% limit would be in a lot of trouble and may need to force sell some properties.
SUSwankongyew
post May 17 2013, 04:46 PM

Regular
******
Senior Member
1,177 posts

Joined: Nov 2007



QUOTE(AVFAN @ May 17 2013, 03:08 PM)
axis still going up... 3.88!

and amanahraya suddenly goes from 0.93-0.94 to 1.01 - what's happening??

big retail reits, igb, pav, starhill - all seem so subdued, low yield, like no future... only sunreit moving up.
*
Yeah, crazy high valuation. Dividend yield is already much less than 5%. I'm sorely tempted to sell now...
SUSwankongyew
post Jul 17 2013, 10:05 PM

Regular
******
Senior Member
1,177 posts

Joined: Nov 2007



QUOTE(yok70 @ Jul 17 2013, 09:43 PM)
bond yield has been falling in recent days.
lets see what happen next. If continues dropping, REIT's buyers will come back.
only time will tell.  cool2.gif
*
Which bond yields do you check and where do you check it? Sorry, I keep meaning to learn about this bit of the financial world but never get around to it.
SUSwankongyew
post Jul 25 2013, 09:08 AM

Regular
******
Senior Member
1,177 posts

Joined: Nov 2007



Wow, someone seems hell-bent on getting rid of AXREIT at any price.
SUSwankongyew
post Jul 25 2013, 09:40 AM

Regular
******
Senior Member
1,177 posts

Joined: Nov 2007



QUOTE(river.sand @ Jul 25 2013, 09:33 AM)
MIEA - Malaysia Institute of Estate Agents
They could be biased...
*
Yeah, I don't believe them at all. This looks like a desperate attempt by real estate agents to talk up the market.
SUSwankongyew
post Jul 25 2013, 03:52 PM

Regular
******
Senior Member
1,177 posts

Joined: Nov 2007



QUOTE(AVFAN @ Jul 25 2013, 03:40 PM)
a valid question at this time when the "crash" is taking or has taken place.

but how does one explain the high prices before that, i.e. say mgs was around 3.2 or 3.5%, yet those prices stubbornly go up? hmm.gif

or this, like gold and everything else, has more to do with sentiments that will stablize after a while, i.e. herd mentality?
*
I think it would be unwise to discuss the REITs as a class like this since each is different. We were talking about five REITs : CMMT, IGBREIT, PAVREIT, SUNREIT, AXIS. Note that of these five, four are retail REITs. Of these four PAVREIT was the first to shoot up rather spectacularly, followed by CMMT. I think the reason these went up is because they represent real and familiar assets that everyone knows about and people were eager to own a piece of them. Similarly when IGBREIT launched many people expected it follow the trajectory of PAVREIT and CMMT and are probably now selling after being disappointed that it has gone nowhere after a year's time. No much comment about SUNREIT since I never paid attention to it.

As for AXREIT, it has the reputation of being consistently the best managed REIT plus it has excellent properties in the pipeline. No it's not much of a wonder that it went up so much. It overshot its fair value of course so now it is being corrected.
SUSwankongyew
post Jul 29 2013, 03:30 PM

Regular
******
Senior Member
1,177 posts

Joined: Nov 2007



QUOTE(games130 @ Jul 29 2013, 03:20 PM)
i plan to invest in REITS. never play stock before.. and seems this is good.. got a question

is there any requirement for you to qualify for the dividend (beside the need to own the stock). example: payout announce on 3 july 2013.. if i just bought the stock 4 days ago.. will i be entitle for it?
*
Announcement date means nothing. Look at the ex-date mentioned in the announcement. The dividend will be paid to everyone who holds the shares at the end of the ex date.
SUSwankongyew
post Jul 29 2013, 04:26 PM

Regular
******
Senior Member
1,177 posts

Joined: Nov 2007



QUOTE(games130 @ Jul 29 2013, 03:54 PM)
ok i look at an example announcement on 16 july. the ex date is 30 july. so after the announcement i can buy the stock and they will pay me the dividend on 30 july?
*
Payment date is different from ex date as well. It is also in the announcement.
SUSwankongyew
post Jul 29 2013, 09:05 PM

Regular
******
Senior Member
1,177 posts

Joined: Nov 2007



QUOTE(AVFAN @ Jul 29 2013, 05:01 PM)
err... no.

on ex date. it's over, you won't get the div.

you must buy it before ex-date, up to and incl the day before ex-date.
*
Oops. Yeah you are correct of course. Sorry for the misinformation.
SUSwankongyew
post Aug 2 2013, 09:08 AM

Regular
******
Senior Member
1,177 posts

Joined: Nov 2007



QUOTE(playa @ Aug 1 2013, 10:37 PM)
Yo peeps!

As mentioned in medias, bond is paying higher interest rates to close the gap between bond and REIT which also makes REIT lose its attractiveness to investors.

Do you guys have any idea where can we buy these bonds as a private investor?
Thanks
*
Keep in mind that bonds are just as subject to rises in interest rates as REITs. I invest in bonds through Public Mutual's bond funds for example, and I actually lost money for the past two months. As with REITs, expectations of future higher interest rates cause prices to drop and yields to increase. This may be great if you're buying (and don't expect prices to drop further) but bad for those already holding bonds. Exactly the same as it works for REITs.
SUSwankongyew
post Aug 2 2013, 10:15 AM

Regular
******
Senior Member
1,177 posts

Joined: Nov 2007



QUOTE(felixmask @ Aug 2 2013, 09:34 AM)
HI wankongyew,

if i invested in both Public Mutual Bond fund and Reits, now i have cash and wanted to invest, which i should put in Bond or Reits ?
*
Between bonds or REITs I don't know but bond funds still generally yield much less than REITs. I think over the past year or so, Public Mutual's bond funds has been yielding barely better than FD. Even with the recent drop, REITs have yielded way more for me.

But I do know that you probably shouldn't buy bond funds from Public Mutual. They have a 1% sales charge I believe. Consider investing through Fundsupermart which has a 0% sales charge for bond funds.

2 Pages  1 2 >Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0526sec    0.49    7 queries    GZIP Disabled
Time is now: 13th December 2025 - 11:37 AM