Both IGBREIT and AXISREIT got more sellers than buyers at Trading At Last...what does this mean?

REITs under selling pressure? I actually felt wanna accumulate, but seeing situation like this, could there be further downside tomorrow?

Oh ya hor...Fed meeting tonite right?

the "dirty" sound is what makes it rock 'n roll

I made most progress last time when I buy guitar magazines every month and keep learning the songs note-for-note, but that's just for fun/syiok sendiri playing along to the backing tracks, no progress on the "creativity" side of music playing

4 hours a day

I play 1 hr I already feeling dizzy and wanna drop dead on bed

Ok back to topic...

Which REITs u have?

Now I only got IGBREIT, looking at AXISREIT for diversification

This post has been edited by Pink Spider: Oct 30 2013, 05:21 PM

Most if not all retail properties

Let's hope that Axis drop below 3.40 tmrw

This post has been edited by Pink Spider: Oct 30 2013, 05:27 PM

Yeah, cos Malaysians simply love going to malls

So far most malls owned by REITs have resilient crowd numbers I see...

3.00-3.20
Aren't u a bit greedy?

MREIT = Malaysian REIT
SREIT = Singaporean REIT

Good is good, but not sustainable i.e. dun expect it to continue forever

It means that the manager will get more % holding in the REIT, i.e. dilute other unitholders' shareholding?

Odd Lots??? Ok, no DRIP for me

I've never thought of it before

This post has been edited by Pink Spider: Nov 20 2013, 09:20 AM

this is good only if u hv plenty spare ammo

WTF

Bond holdings are ALL revalued at every reporting date to "fair value", that's where the NAV movements come from.

Felix,

Let me explain using an analogy/example.

1-M FD rate is now 3%.
U ask me to lend RM1,000 to u.
I put in bank FD there is zero risk to me.
So, I put a 4% "margin"/"mark-up", I lend RM1,000 to u at interest rate of 7% p.a.
U write an IOU note to me (that's my "bond")

If tomorrow 1-M FD rate rise to 5%, do u think I'd still want to lend to u at 7% p.a.? Of course not!
But the IOU is already signed, put in writing. U will still pay me coupon/interest of RM70 p.a. on the loan.
Do u think I can sell this 7% IOU note (i.e. transfer this debt) to another person at RM1,000? NO, no idiot would wanna buy it at RM1,000 unless he's an idiot.
Most likely I can only sell this IOU note at RM800++.

This post has been edited by Pink Spider: Nov 22 2013, 01:33 PM

U should learn to spend some...come find Pinky, Pinky bring u go yumseng hug amoi

Both u and cherroy also not very clear

Ok, let's put in one at a time - bonds have a few crucial elements in determining its pricing:
(1) maturity
(2) credit rating of the issuer
(3) current risk-free interest rate

Let me TRY to understand cherroy...

Let's say previously MGS rate 3%
ABC Berhad issue bond with coupon of 8%
It will be in demand (assuming credit rating of ABC Berhad is decent)
Thus, it will get premium pricing, thus the YIELD won't be high.

I dunno that

But that day my friends bring me to Mus*c C*ty

If I'm not mistaken, MOST local corporate bonds are not quoted on an exchange.

They will use some accounting formulas to calculate the fair values.

This...I slept in my finance paper lectures

Dayum u gark...remind me of my nightmare years ago

Drinking is just part of the process of fishing for amoi...now amoi on hand, I reduced the drinking, sleeping every nite with amoi

Ok, back to topic

I still have 45% of my UT portfolio in bond funds...izit too late to switch? The 2 bond funds are delivering sub-FD and zero annualised returns respectively now.

u got AmDynamic Bond?

gark, any actions? Its been going on a downward spiral lately...