according to feng sui chart, bear is coming in july onwards for few months, and share price will down until last year's price. lets see if this MIRACLE can happen or not. I highly doubted that though.

true. just no patient waiting with too much cash. keep buying, friend with local funds to support market.

Alex doesn't like Cypark.
http://nexttrade.blogspot.com/2013/07/cypa...eceivables.html

Please sell it down. Let it corrects 20% ok ah?

feel puasa mood also. steriod for 6 months, now time to rest and celebrate.

cheap sales please. where are you.
coastal continues steroid gear.

looks like will be boring until after raya? then closer to QE exit, then bear invades in, then CI drops 200 pts?

running out of drugs. maybe back to 50 sen.

yes, still holding it.
i already no feel on paper loss since i usually buy stocks on downtrend. just average down loh.

RHB paper. Not TP though, they didn't rate it. They just said at 0.5x RNAV, it's 1.80. Anyway, fyi, every IB has different RNAV one, it's like we all are living in different country.

I think we do.
BN gang are living in a quite different country than PKR gang although the name is the same called Malaysia.

Malton seems more into mid to high-end, unlike huayang's low-end. So could say Malton higher risk.

coastal up 9.6% today, up 30% in 1 week. consider drama boh?

The share price dropping on M-REIT has been disappointing. Only de-compressed about 10% yield from 4% to 4.5% for major players, which is far from S-REIT's 20% or above de-compression rate to yield of 6+%.
The bad is by looking at historical performance on Bursa listed defensive stocks such as Nestle or Telcos, their yield are also highly compressed. The reason for this probably has something to do with heavy local fund involvement in local market as these huge capital funds are looking to invest in stocks that could provide high cash flow (via dividend), so that they can pay the dividends without much hesitation. There is nowhere else to invest besides these high yield stocks.
In addition to that, some M-REITs are on the growth path, such as Axreit and some retails REITs. For DPU growth of 8-10% pa, the yield de-compression becomes "auto-mode" riding with time factor only. That said, they don't mind just hold it and wait for the fruit. They are not aggressive on return, as there is no competition. We have only one EPF funds, for instance.
As for bond yield rise, FF may leave, but local funds should still stays as they have nowhere to go.
As for interest rate hike on debt payment concern, even if it happens, it won't be aggressive. It's hard to believe rate could rise as much as the REIT's growth rate, say 8% pa for the next 5 years. Besides, many M-REITs has gearing ratio of below 35%, some even below 20%. Besides, some have almost 100% loan with fix rate such as Pavreit and IGBreit.
For all the above, I think it's unlikely to see much deeper correction on M-REIT. However, the sector may overhang for months or so before people getting more comfortable on the fear of QE exit effect.
Just some thoughts.

This post has been edited by yok70: Jul 2 2013, 06:47 PM

I bought it last year and been holding for more than a year. It's a total laggard with weak earning performance because of margin squeezing even though revenue up. Now, it's the new rig thing that re-rate this stock. However, this will take quite a while to see earnings. So I'm not sure if the share price would drop back down later.

not yet sleep. but bore also.

not enough volatile.

HKSE approaching -400 pts.

i think yesterday got market. only monday holiday.
slow down fear.
cash squeeze fear.
i like fear.

this sidelines market makes me tak tahan lagi, making me buy sell buy sell to satisfied my shopping desire.
within 2 to 3 days period, buy and sell sunway earned 1% profit, buy and sell cmmt earned 3% profit.

carlsberg 13.00
gab 16.00