this thread seems ultra quiet!

rm strengthend a bit today.

made my maiden purchase today - small amounts of sabana and starhill.

may buy some suntec and aimsampi later on.

appreciate any comment!

For what its worth, Sabana has yet to renew over 40% of its leases set to expire in NOv.

That is a major concern.

Aims looks pretty

am invested in both Sabana and Aims

This post has been edited by prophetjul: Sep 10 2013, 01:42 PM

Bought more LippoMalls recently after its major fall

Should be good....only thing earnings in Rupiah. So currency issues.

given that it's industrial, should not be too bad.
industrial rentals on the island are still very strong, i believe, unlike here!

tis 1 veli tempting!

This post has been edited by AVFAN: Sep 10 2013, 02:30 PM

Yes BUT..........40% wor.............that's a lotta earnings if they cannot renew!

So its a risk

such a current high yield, think can tahan!

bro, can share wat u think it'll get to by year end?

heheh - sorry bro.
i didnt buy based on price expectations, i bought based on the expected DY% based on $0.43
i'm a simpleton when buying REITs - just based on NAPS vs Price, D/E (or gearing) and DY%.

okie okie...

will watch closely tmrw... i like to think the rupiah-sgd isn't going to get any worse!

Taikor.. how to open DBS Vickers trading acc? Can open at DBS branch ar?

Can.... but first must open dbs saving account and e banking. Then can link into vickers.

Weak Rupiah also means devaluation of its assets in Indon, gearing will go up... right?

Great.. tot of going to SG to settle both savings and trading acc on the same day... doable?

Yep should be able to.... they will give you a pin generator for internet access. Min 2k sgd to open acct, bring passport, ic, bills confirming your address.

Best give a call or email them for the requirements and documents just in case got changes. Last time i did it was through thier main branch at thier hq.

This post has been edited by gark: Sep 10 2013, 10:25 PM

erm... methinks it depends.. on what its majority debt's currency is based on

AVFan
On the Rupiah vs SGD, methinks it's similar to the Q where a forumer was asking in REITs topic/thread, something like:
"If i buy SG REITs, can i make more than MY REITs since SGD higher exchange than RM?"
it doesn't matter the exchange rate coz DY% is based on cost paid
thus if i paid SGD$1 and get 10%
VS
i paid MYR$1 and get 10%
which higher profits?
Similar to buying Indonesia REITs in SGD right?
higher SGD buys more rupiahs, thus the "cost" is cheaper? huh? or rupiah so weak against SGD, worth it ar?
hehe i'm no ForEx expert yar, just basing on common-sense where if one pays $x, get worthwhile y%, i dont care what currency as long as it's a usable currency.
eg.
SGD $10 to $1 DonkeyDollar (factitious) - weak right?
well, if i buy REIT in DonkeyDollar and get 10%yield, convert back to SGD, do i still get 10%yield?
should be, unless DonkeyDollar falls several points against SGD - ie. spiral of death
again - i stand to be corrected & learn better yar pls shed some light if anyone knows better

This post has been edited by wongmunkeong: Sep 10 2013, 11:08 PM

Lippomalls earn in rupiah, but have to pay out in sgd. Exchange rate matters. Also thier loan us in sgd while thier assets us in rp. A devaluation means thier assets is worth less in sgd.

that wud be my take too.

i'm taking the position that the rupiah and the reit price in sgd has seen its worst, can't get worse. if the rupiah recovers like the indian rupee, the future div payout in sgd wud improve, thus giving a better yield in future (for my price) than what it is now. or reit price moves back up. correct ar?

This post has been edited by AVFAN: Sep 11 2013, 12:05 AM

AV

When investing in REITs, best not to expect too much price increase gains.

Just take that if it happens as bonus.

Yield is the name of the game