ya.
as for entry price target, i only look at yield.

just target 5.5% net yield, inline with mall reits.
axreit now are trading at premium.

true. i waited for half a year still cannot get. maybe i should raise my target to 3.30 start collecting all the way....down.

If you have info on how Stareit funds the new acquisitions of its Australia hotels, please share with us.
So far, I haven't read any details on how much eps dilution to be expected for that.
Thanks!

today see another upgrade on one of the S-REIT by IB.
i've been seeing this happening in recent weeks.
i guess we are 1 quarter delay in M-REIT. maybe wait until next Chinese new year only can see recovery.

This post has been edited by yok70: Nov 1 2013, 07:46 PM

thanks.

ya, it's hard to make any judgement while the management "don't like to talk much".
and i wish IB can come cover this reit but still langsung tak ada.

next year yield could be flat.
but flat means net yield of around 6.6%. good enough for you?

FF continues selling on Malaysia market. 10-yr Bond yield raise to 3.85% today.
Will FF comes back? And why FF leaving us recently? That's where we should be looking at I guess.
This FV all depends on bond yield, besides fundamentals are still fine with it.

Looks like Zeti has the same thought as Cherroy. Looks like interest rate is unlikely to raise in near future. Even if it raises, there won't be much.....it seems lah.
Speaking of uncertainty in world economy, especially today, Euro zone, China, US, all are under uncertainty status. And this status should remain for at least another 4-5 years before solid growth can be seen.


The current monetary policy is still sufficient to provide an important
support to economic growth and will not be modified unless a significant change
in relevant condition occurs, Bank Negara Malaysia Governor Tan Sri Dr
Zeti Akhtar Aziz said. She said even if a policy response were required, which
is not currently the case, "there are other policy measures".

"We are in an economy that doesn't rely solely on interest rate policy
either to promote growth or address inflation," she was quoted in an
interview with financial news agency, Market News International, in
Switzerland on Tuesday.

 She said although inflation is going to increase, a number of factors
would ensure that the rise is only temporary, so that Malaysian
monetary authorities are not presently concerned about the outlook for
price stability.

 Zeti declined to respond to speculation that the next move could be a
hike, and did not give any explicit signal as to future policy actions.
 "I don't believe that uncertainty has lessened since Sep's Monetary
Policy Committee meeting. Even though global growth has improved,
which is a positive sign, there is still uncertainty and this recovery is still
vulnerable to setbacks," she said.

 "This is a period of uncertainty. We don't intend to provide the kind of
forward guidance for our policies that others have given; policy will be
based on our assessment of risks going forward. Bank Negara is
essentially in a wait-and-see mode for now," she added.

 Zeti anticipated the inflation would rise and could even increase to
above long-term average of 3.2 % next year as the government reduces
fuel subsidies. However, she said the effect is envisaged to be temporary
and is not something the central bank is concerned about.

This post has been edited by yok70: Nov 14 2013, 01:28 PM

yes, at current price.
it's consider a big discount to better quality assets REITs such as pavilion or midvalley.
however, hektar has proven strong management team, holding and targeting 2nd class neighborhood mall assets. I look at this as defensive strategy actually since less competition as they are "just" serving the neighborhood instead of required to compete with some best malls in town.

Moody's upgrade may attract FF back to our bond market?.....only time will tell.

10-yr MGS hits above 4% today!
wow....REIT in danger.....

no, a higher bond yield means lower REIT's valuation.

hopefully moody's upgrade can attract some FF to come buy back our bonds to press down yield.

bond woh, high yield also you want meh? unless high until 8% loh.

huiyo!!! you are really a well trained

i now left 5% cash only!!! betting on a year-end/new-year rally.

This post has been edited by yok70: Nov 22 2013, 12:18 PM

the most non performing stocks are my reits. waiting for chance to sell some more too.

and now you still holding 70% cash waiting for durian to drop.
or you not selling much stocks, just your income from daily job increase too much cash.

reit is dying. later yield becomes 8%.

taikor starts shooting reits....good news!