Already got lots in FD, this one enter end Dec payroll to savings still have not touch...

I am not old man leh..

This post has been edited by gark: Jan 16 2014, 06:36 PM

At the rate they are going.. with no decision back and forth, will be a long long time... maybe until you got 'cucu' already...

So in the end we have to accept reality, and not worry too much about something that will be semi-permanent...

Or....

You wait .. stock become RM 11

you wait longer.. stock become RM 13

You wait even longer.. stock become RM 15

Then you close book no eye see the stock anymore..

True story, happen to me many times.

That is why i put the siggy to remind myself...

This post has been edited by gark: Jan 17 2014, 07:12 PM

I am not apa2 guru lah.. I myself lost great opportunity just because waited for a few sen cheaper even though the stock is fundamentally cheap in my calculations and thus lost many ringgit in the process.

Oh.. and it never did comeback to my initial planned buying price although with the many market weakness along the way....

This i think is called paying tuition fees...



This post has been edited by gark: Jan 17 2014, 07:18 PM

Haha you are very right. That is why the best way to invest is to your homework and invest in companies you consider is reasonably valued.

No need to worry on how the CI is doing....

And if a stock gets cheaper and the fundamentals still looks ok, buy more... cause its on sale.

This post has been edited by gark: Jan 17 2014, 10:13 PM

This one depend on your own yield expectations and individual risk tolerance.

In my opinion, it is reasonable priced now but not cheap enough yet to be considered undervalue..

Actually you misunderstood the statement. It means that to never time the market, and keep fully invested in your portfolio allocation be it cash, stock or bond. By timing the market you tend to make emotional decisions. It applies to all stocks in the market, not just reits.

Waiting for something to drop or become cheaper and when it does not do so and instead goes up, you have oppurtunity loss. Although you are still earning fd rates, you could have earned much more.

And never forget you need to earn more than 5% yearly just to match inflation and keep your purchasing power, anything less than that you will have inflation loss. Although it is great to see that your fd rates is earning 3%, but in reality you are losing at least 2% purchasing power.

And some might argue real inflation is above 5%.....

This post has been edited by gark: Jan 19 2014, 12:49 PM

Well if you think that you are on the right path, and think there is no changes necessary, then just go ahead with your asset allocation. If you are comfortable having a long term 4-6% pa returns on a bond fund is suitable for you then there is nothing more to add. You may continue with your investment journey and ignore the bottom.

Yes, I strongly think that all FD, MGS and bond fund ultimately will lose purchasing power to inflation unless you are living in deflationary country like Japan, because payment will be constant and the term is very long. And no, REIT is not the same as bond, because REIT actually have income/rental growth in addition to dividend yield so the yield will not be constant and will grow over time although at a slower pace or sometimes matching inflation. But not all REITs are the same so you need to do your homework.

Risk in indirectly inverse to potential gain, so it is not ignored. You want better gain, then you need to have bigger risk tolerance, but not necessary risk exposure. But risk can be controlled if you pick the right instruments, at the right valuation and with proper diversification. Stocks picked with good valuation, high margin of safety is actual having much less risk than one thinks or the overall market.

You can easily calculate if the 5% hurdle rate is correct or not, just take a item you buy everyday (Milo) for example and compared it to 10 years ago. The answer will surprise you.

I have invested in both Malaysian, international stock & UT for more than >8 years even going through some rough patches during various financial crisis and I believe my IRR is way higher than then 5% inflation hurdle. But that is just me, not everyone is suitable to invest stocks and some might prefer lower risked instruments although just merely maintaining the purchasing power. Different people do have different needs and risk tolerance, that i agree.

And your answer couldn't be more wrong and misguided.

This post has been edited by gark: Jan 20 2014, 12:08 PM

Axis REIT research report

Summary :-

1. FY13 DPU 18.5 sen represents 6.5% gross yield, FY 13 total income growth is at a respectable 7.7% from rental revision.

2. FY14 expected DPU to be 21.5 cents (Including 2 sen from disposal of asset)

3. FY15-16 expected income growth to be steady at 4.5-5.5%

 Axis_REIT_CIMB.pdf ( 451.94k ) Number of downloads: 16

Not really...



Rental actually went up Y on Y... profit down because of less revaluation gains which is no consequence to REIT investor..

Thanks...Alliance give so high TP!... *faints*...

Yes.. we hope so as well..

Maybe after divvy payment.. now with divvy is rock solid..

This post has been edited by gark: Jan 21 2014, 09:55 AM

Maybe he wants 6% NET.. so it's 1.10...

steady... steady...

Axis started to drop again..

This post has been edited by gark: Jan 24 2014, 12:47 PM