Yes i still collecting when i have save from spare money.

Starhill REIT plans to raise up to RM800mil

Starhill Real Estate Investment Trust (REIT) has proposed to undergo a placement exercise to raise up to RM800mil to repay some of its borrowings and reduce its gearing level. In November last year, Starhill REIT primarily financed the acquisitions of the Sydney Harbour Marriott Hotel, Melbourne Marriott Hotel and Brisbane Marriott Hotel along with the business assets of the respective hotels via borrowings. To accommodate the placement exercise, it has also proposed to increase its existing fund size to a maximum of 2.125 billion units from the current 1.324 billion units. (Source: The Star)

not so frequent - maybe need wait 1-3 my bullet only can fire one reits.

how come...i also hv long long time ago before i sold arnd 0.95 sen...now still rm1.03


only not performing. I dunnow chinese can translate.

Page 8 Starreit Annual report http://www.bursamalaysia.com/market/listed...cements/1389537
On 14 June 2013, the Manager announced a proposed placement of new units in Starhill REIT, at a price to be determined at a later date, to raise gross proceeds of up to RM800 million and a proposed increase in Starhill REIT’s existing approved fund size from 1.324 billion units to a maximum of 2.125 billion units. These proposals are intended to enable Starhill REIT to raise funds to partially repay its borrowings, which would give rise to interest savings and reduce its gearing level to provide the Trust with headroom to use debt financing in the future to undertake yield accretive acquisitions.
Meanwhile, the enlarged capital base is expected to enhance the liquidity and marketability of Starhill REIT’s units.

The Manager also announced the proposed increase in the Trust’s borrowing limit to 60% of total asset value which is intended to provide Starhill REIT with the flexibility to fund large acquisition opportunities through borrowings in the future. This flexibility will be essential in situations where potential acquisitions are made through bidding or tender processes, as raising financing through borrowings may be more expedient as compared to equity fund raising via the issuance of new units.


DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS): DEALINGS OUTSIDE CLOSED PERIOD
Pursuant to Paragraph 14.09 of the Bursa Malaysia Secutities Berhad Main Market Listing Requirements, Pintar Projek Sdn Bhd, the management company of STARHILL REIT, wishes to announce that Dato' Mark Yeoh Seok Kah, the Executive Director of Pintar Projek Sdn Bhd, has given notice of his dealings in the units of STARHILL REIT outside the closed period. The details of the dealings are as follows:-


http://www.bursamalaysia.com/market/listed...cements/1394265



This post has been edited by felixmask: Oct 20 2013, 10:04 AM

you read their report...they hv nice gross profit..but their net profit very huge drop. must find up is long turn or short term...compare last year annual report.

that why i buy my wife sunreits....their report nice..to read.

blame MGS coupon rate which juz below 100 -200 point lower than IGB reits

Shark can push lower IGBreits price when the yield havent show any improvement better than MGS..which may occur after 31 jan 2014 for then dividend announcment.

Or

SHARK buying spree becoz IGBreits qtr report get the attention.

or

IB research publish good TP and lure temptation to buy more

This post has been edited by felixmask: Oct 22 2013, 04:53 PM

bond yield fall..translate reits price go up...becoz investor shift taking risk to reits...rather holding bond.


Attached thumbnail(s)

bond yield break 2.40..will be reits bullish time....meanz time to wait ...

My calculation 2 month later will break 2.40 %..only scare New FED chairman comeup different direction.

see my forecast correct or not


disclaimer...juz forecast; on my assumption.

This post has been edited by felixmask: Oct 22 2013, 10:40 PM


Attached thumbnail(s)

i dumb my bond fund to Indonesia equity fund...to enjoy 2 month rally...cross finger...see what new Fed chairman to announce next year January .

yes..true...he jump i jump

dont get me wrong;i juz draw line.....i cant control the market....my line/benchmark drop 2.40 will signal reit go up.

is juz forecast...if our new FED chairman next year announce opposite direction my forecast will wrong.

forgive me....

This post has been edited by felixmask: Oct 22 2013, 11:11 PM

2.4%, when is MGS will drop..

This post has been edited by felixmask: Oct 24 2013, 09:04 AM

Hi yok gor,
u buy more ???

This post has been edited by felixmask: Oct 29 2013, 06:43 PM

im younger than u.

my humble gor

furthermore, Sunway debts have move to fixed rate , to avoid effect of BNM increase OPR

http://www.thestar.com.my/Business/Busines...-in-Sunway.aspx

hi guy(yok70 & pinkspider)..what you all talking about...i don't understand ???

This post has been edited by felixmask: Oct 30 2013, 03:41 PM

oic...i dont hv music talent..no wonder cannot catch up.

i have harmonica..inside the storage box for few year too....


use to be charm my wife. .

This post has been edited by felixmask: Oct 30 2013, 03:49 PM