Care to share any reits you are holding/planning to buy?

I know who is the buyer of croesus already. It's Blackstone (private equity firm)

If don't want rights issue, maybe can go with Createwealth8888 strategy. Make these 3 counter your highest holding; Sembcorp, Keppel and DBS. Buy in truckload during bear market.
Don't buy reits.

Blackstone reportedly in the process of buying out CRT in a deal worth >$1.4b
So let's put it at say $1.5b for 769.73mil outstanding shares

1 share= $ 1.9487.

If use public float at 656.30mil shares
1 share = $2.2855 ????

This post has been edited by Ramjade: Jun 28 2017, 11:24 AM

Blackstone reportedly in the process of buying out CRT in a deal worth >$1.4b = my maybank KE remiser
So let's put it at say $1.5b for 769.73mil outstanding shares = reuters

1 share= $ 1.9487 = my own calculation (don't know if right or wrong)

If use public float at 656.30mil shares = wall street journal
1 share = $2.2855 ???? = my own calculation (don't know if right or wrong)

http://quotes.wsj.com/SG/S6NU

1.17 I tak mahu jual. Give me 1.9 I will sell

When is Croesus EGM? Ini mati-mati must try and attend and vote no.

Wait for EGM, if can vote via letter, just vote no. (not sure whether SCB will give you EGM notice or not) If cannot vote via letter, see whether you can make it down. They need 50% to pass.

This post has been edited by Ramjade: Jun 28 2017, 07:39 PM

Thanks for correcting.

Vote no. You never know if we are lucky. Other replacement? Replacement will come when the bear comes out to play. See whether got guts to click buy or not.

How to add this to Stocks Cafe?

Ini bro loaded. Competing with Blackstone

Care to share what forum?

Then yield masuk pocket sendiri Looks like lot's of company is delisting from SGX

Wah money coming in from MLT some more. Divestment of property
Some will be paid to shareholders, some use to buy other property.

This post has been edited by Ramjade: Jun 30 2017, 09:17 PM

Reason
1) my dividend was 7%+ when I bought. I think > 7.5%?
2) diversify. Never really like concentrated in onr area if possible.
3) Capital gain of ~15% since buying.

Aims property age faster than others so demand higher yield as property will lose price faster vs MLT.

Don't know about MIT. If I want to buy MIT, better I pick Acendas since both around same dividend. (not vested with MIT/Acendas)

Will I buy some more in the future? Yes. But not at current price.

Time to do REITS trading?

Suggestions?

I am skipping QAF. Reason. No more recurring income from Gardenia Malaysia. I am lookiing at Raffles Medical. Keep dropping. Don't know where is the bottom. Also looking at CEI. Potential 9-10% dividend tech manufacturer stock

No. Bitcoin is a bubble. Besides spread is high (regardless you use SG/MY to exchange). The only way to get it cheap is get from US exchange.
http://gotmoneygothoney.blogspot.my/2017/0...currencies.html
http://gotmoneygothoney.blogspot.my/2017/0...nge-part-1.html

Good thing that bitcoins have plenty of support:
1) use to buy drugs from the dark web
2) Use as payment for ransomware.

This post has been edited by Ramjade: Jul 11 2017, 10:34 PM

I think RM will appreciate. Cause it's ok for the RM to appreciate against the USD and not depreciate the USD. Depreciate against the USD is embarrassing.

But you mentioned you are using Options to generate money? Isn't derivative more complicated?

I think GLD = SPDR Gold ETF. They are can be bought from SGX (more expensive) and US (much cheaper). Doing that eliminates the spread from buying traditional gold bar/buying gold from PB/Maybank as that ETF reflects the current price of gold.

TDA-SG ACCOUNT = TD Ameritrade SG for buying into US stocks. Quite expensive broker. Use to be defacto stockbroker for those wanting to buy Irish democile ETF as it was commission free. All that change when TD Ameritrade close that door to Asians. They are forcing Asians to pay for previously commission free ETFs. Now only Ang Mo get to buy commission free ETF. Better US stocks broker exist at USD4.95/trade. But not sure if they allow Malaysians as customer.

This post has been edited by Ramjade: Jul 12 2017, 03:50 PM

Speaking of australia, I have research. None of the banks allow malaysian to open brokerage account. All need either one of the following:
AU bank account/AU address/AU tax resident

Only Halifax and capital19 allow you to open an account as foreigner. Capital19 is cheaper than Halifax but requires one to make a deposit of AUD10k.

Gone la of buying Australian stocks.