REIT V5, Real Estate Investment Trust
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 Sep 12 2013, 07:18 PM, updated 13y ago
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#1
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Senior Member
2,148 posts Joined: Nov 2007 
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Sep 12 2013, 07:31 PM
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#2
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Senior Member
10,001 posts Joined: May 2013
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Congrat on the new version.....
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Sep 12 2013, 07:40 PM
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#3
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10,001 posts Joined: May 2013
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Bsdreit
Same value = 2.10 Lower cash dividend = 0.16 Capital repymt = 1.94 Good for shareholders as net proceeds is higher http://www.bursamalaysia.com/market/listed...cements/1407817 |
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Sep 12 2013, 08:17 PM
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#4
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur 
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MGS continues dropping.
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Sep 12 2013, 08:44 PM
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#5
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City 
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REIT version 5 & My post #5
 This post has been edited by davinz18: Sep 12 2013, 08:44 PM |
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 Sep 12 2013, 10:39 PM
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#6
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All Stars
21,311 posts Joined: Jan 2003 From: Kuala Lumpur 
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QUOTE(wil-i-am @ Sep 12 2013, 07:40 PM) Bsdreit Additional RM4 per 1000 BSDREIT shares held Same value = 2.10 Lower cash dividend = 0.16 Capital repymt = 1.94 Good for shareholders as net proceeds is higher http://www.bursamalaysia.com/market/listed...cements/1407817   They should just gave RM2.10 as Capital Repayment  This post has been edited by ronnie: Sep 12 2013, 10:40 PM |
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Sep 12 2013, 10:42 PM
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#7
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Senior Member
3,969 posts Joined: Nov 2007
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reits going up~
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Sep 12 2013, 10:53 PM
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#8
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All Stars
21,311 posts Joined: Jan 2003 From: Kuala Lumpur
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QUOTE(pisces88 @ Sep 12 2013, 10:42 PM) reits going up~ Cos Bond yield coming down |
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Sep 13 2013, 09:03 AM
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#9
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Senior Member
2,455 posts Joined: Aug 2008 From: Malaysia 
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hi ronnie, mind sharing which site you use for bond yield reference
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Sep 13 2013, 10:07 AM
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Junior Member
401 posts Joined: Oct 2005
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Which reit to accumulate now?
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Sep 13 2013, 11:54 AM
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Senior Member
877 posts Joined: Aug 2008 From: Kingdom far far away
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BUY BUY...Reit bull again..
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Sep 13 2013, 06:13 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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Emkay Group mulls REIT plan
Property developer Emkay Group is mulling plans to set up a real estate investment trust (REIT) in the near future. "If it is viable, there is a possibility we may form our own REIT later on," said founder and chairman Tan Sri Mustapha Kamal on Friday. He said this at media briefing on the commencement of works for the Mercu Mustapha Kamal building in Damansara Perdana, Selangor. Mercu Mustapha Kamal, the newest addition to Emkay's investment portfolio, features two Grade-A corporate office towers with a total net floor area of 468,267 sq ft, as well as a banquet hall and retail units. |
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Sep 14 2013, 10:33 AM
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All Stars
24,455 posts Joined: Nov 2010
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bursa buying has been largely epf ...
QUOTE Malaysia’s Biggest Fund Buying Stocks as Foreigners Sell By Elffie Chew - Sep 13, 2013 5:20 PM GMT+0800. Malaysia’s largest pension fund said it was a net buyer of the nation’s stocks during recent declines as foreign investors cut their holdings. The Employees Provident Fund, which manages more than $170 billion of assets, bought good quality and fundamentally sound shares, Mohamad Nasir Ab. Latif, deputy chief executive officer of the fund, said in an e-mail interview yesterday. The FTSE Bursa Malaysia KLCI Index fell 6.8 percent from its July 24 record through Aug. 28 before rebounding 5 percent. The gauge slid 0.1 percent at the 5 p.m. close in Kuala Lumpur. “Being the biggest investor in Malaysia, we view any market extremes as opportunity for us to rebalance our portfolio for continuous return and risk diversification,” Kuala Lumpur-based Mohamad Nasir said. “We believe Malaysia is in a stronger footing forward and we expect investors’ interest to come back to this region, especially the emerging countries.” http://www.bloomberg.com/news/2013-09-12/m...gners-sell.html |
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Sep 14 2013, 03:43 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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foreign investors sells, EPF buys
 EPF as "super-hero" for Bursa Malaysia |
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Sep 14 2013, 03:50 PM
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Senior Member
5,369 posts Joined: Jan 2003
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QUOTE(bennike129 @ Sep 13 2013, 12:03 PM) hi ronnie, mind sharing which site you use for bond yield reference yeah was looking for it too  |
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Sep 14 2013, 03:54 PM
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Senior Member
1,232 posts Joined: Jun 2008 From: ¯\(º_o)/¯
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every reit has a property that is lease hold? Which reit has the most free-hold properties?
What happen when a lease hold property expire? Decrease in dividend? |
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Sep 14 2013, 08:51 PM
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Senior Member
789 posts Joined: Feb 2011
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QUOTE(lytros @ Sep 13 2013, 10:07 AM) Which reit to accumulate now? pavreit, sunreit and hektar |
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Sep 14 2013, 10:20 PM
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Junior Member
162 posts Joined: Jun 2012
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Just received my div from stareit
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Sep 16 2013, 07:44 PM
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Senior Member
1,780 posts Joined: Nov 2010
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Maybe some rally tomorrow. This post has been edited by Nikmon: Sep 16 2013, 07:45 PM |
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Sep 16 2013, 11:34 PM
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Junior Member
300 posts Joined: May 2011
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QUOTE(Nikmon @ Sep 16 2013, 07:44 PM) Maybe some rally tomorrow. Ya...i think it wil be |
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Sep 18 2013, 10:23 AM
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All Stars
24,455 posts Joined: Nov 2010
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QUOTE(katesamsung @ Sep 16 2013, 11:34 PM) Ya...i think it wil be no rally yesterday...today, pav n igb getting buys. sunway yet to see much. us bond yields, mgs yields down, rm strengthened. let's hope fed's meeting outcome tmrw morning will be favorable to reits. |
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Sep 18 2013, 10:26 AM
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Senior Member
2,455 posts Joined: Aug 2008 From: Malaysia
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reits bouncing back
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Sep 18 2013, 10:30 AM
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Senior Member
10,001 posts Joined: May 2013
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Just sold all Igbreit @ 1.25
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Sep 18 2013, 10:56 AM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(wil-i-am @ Sep 18 2013, 10:30 AM) Just sold all Igbreit @ 1.25 those you bought @1.16 ? |
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Sep 18 2013, 11:06 AM
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(felixmask @ Sep 18 2013, 10:56 AM) those you bought @1.16 ? YupU still remember..... |
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Sep 18 2013, 11:08 AM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(wil-i-am @ Sep 18 2013, 11:06 AM) Yup Im juz old man...U still remember..... |
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Sep 18 2013, 11:21 AM
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(felixmask @ Sep 18 2013, 11:08 AM) Im juz old man... Initial plan is to hold mid termSince price went up 9 cents within 1 mth, sell to realize $ |
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Sep 18 2013, 11:26 AM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(wil-i-am @ Sep 18 2013, 11:21 AM) Initial plan is to hold mid term Good for you...maybe yam cha at Mid Valeey next time.Since price went up 9 cents within 1 mth, sell to realize $ |
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Sep 18 2013, 11:32 AM
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(felixmask @ Sep 18 2013, 11:26 AM) Good for you...maybe yam cha at Mid Valeey next time. SureV can xchange idea |
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Sep 18 2013, 03:15 PM
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All Stars
24,455 posts Joined: Nov 2010
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QUOTE(wil-i-am @ Sep 18 2013, 11:21 AM) Initial plan is to hold mid term sell reit, take profit to buy property? Since price went up 9 cents within 1 mth, sell to realize $  |
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Sep 18 2013, 03:34 PM
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(AVFAN @ Sep 18 2013, 03:15 PM) sell reit, take profit to buy property? U can read my mind ya..... |
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Sep 18 2013, 04:16 PM
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All Stars
24,455 posts Joined: Nov 2010
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QUOTE(wil-i-am @ Sep 18 2013, 03:34 PM) U can read my mind ya..... all the best! |
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Sep 19 2013, 04:10 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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Bond yield sharply drops.
Tapering? What tapering? You heard wrong.  This post has been edited by yok70: Sep 19 2013, 04:11 AM |
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Sep 19 2013, 05:54 AM
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Senior Member
2,455 posts Joined: Aug 2008 From: Malaysia
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Sep 19 2013, 08:27 AM
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Senior Member
10,001 posts Joined: May 2013
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Will REIT goes up today?
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Sep 19 2013, 08:38 AM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(wil-i-am @ Sep 19 2013, 08:27 AM) Will REIT goes up today? you sold your IGBreits..dont need to look back.....Else Hormone Regret Selling happen... |
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Sep 19 2013, 08:41 AM
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(felixmask @ Sep 19 2013, 08:38 AM) you sold your IGBreits..dont need to look back..... No regretElse Hormone Regret Selling happen... M still holding other REITS |
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Sep 19 2013, 08:42 AM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(wil-i-am @ Sep 19 2013, 08:41 AM) No regret Happy investing and holding other reits..cross hand..let it fly... M still holding other REITS |
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Sep 19 2013, 09:34 AM
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All Stars
21,311 posts Joined: Jan 2003 From: Kuala Lumpur
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Ben likes to give surprises !!! Good for REITs since bond falters
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Sep 19 2013, 09:39 AM
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All Stars
24,455 posts Joined: Nov 2010
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QUOTE(ronnie @ Sep 19 2013, 09:34 AM) Ben likes to give surprises !!! Good for REITs since bond falters kinda disappointing... local reits inching up snail pace while near another 2-4% gain for sgreits.foreign hot funds may find themselves back in emerging markets, question is how much will bursa get....? |
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Sep 19 2013, 09:42 AM
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Senior Member
16,872 posts Joined: Jun 2011
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For the first time my holdings of IGBREIT is in the black
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Sep 19 2013, 09:45 AM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(Pink Spider @ Sep 19 2013, 09:42 AM) For the first time my holdings of IGBREIT is in the black Can focus ur Carlsberg.... |
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Sep 19 2013, 09:47 AM
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Senior Member
16,872 posts Joined: Jun 2011
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QUOTE(felixmask @ Sep 19 2013, 09:45 AM) Can focus ur Carlsberg.... Won't touch it lar, since selling it also got nothing else to buy. |
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Sep 19 2013, 10:13 AM
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All Stars
21,311 posts Joined: Jan 2003 From: Kuala Lumpur
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QUOTE(AVFAN @ Sep 19 2013, 09:39 AM) foreign hot funds may find themselves back in emerging markets, question is how much will bursa get....? I rather NOT want foreign hot money to come to Malaysia.... they will leave later on.... |
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Sep 19 2013, 10:15 AM
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Senior Member
16,872 posts Joined: Jun 2011
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QUOTE(ronnie @ Sep 19 2013, 10:13 AM) I rather NOT want foreign hot money to come to Malaysia.... they will leave later on.... u can always sell now, buy back later when they cabut~  |
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Sep 19 2013, 10:27 AM
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All Stars
24,455 posts Joined: Nov 2010
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QUOTE(ronnie @ Sep 19 2013, 10:13 AM) I rather NOT want foreign hot money to come to Malaysia.... they will leave later on.... vibrant markets will need some of that. more so if our exports aren't the most sought after like now.if not, epf, epf... inbreeding = sterile! actually, it has been like that for many years now, not expecting much to change... |
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Sep 19 2013, 11:15 AM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Pink Spider @ Sep 19 2013, 09:42 AM) For the first time my holdings of IGBREIT is in the black Black already meh? I though you buy at 1.29... |
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Sep 19 2013, 11:19 AM
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Senior Member
16,872 posts Joined: Jun 2011
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QUOTE(gark @ Sep 19 2013, 11:15 AM) Black already meh? I though you buy at 1.29... Average cost 1.27+, I bought in 2 batchesBack to red  This post has been edited by Pink Spider: Sep 19 2013, 11:19 AM |
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Sep 19 2013, 12:11 PM
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Senior Member
10,001 posts Joined: May 2013
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Time to put on hold REITS n concentrate on high beta stocks?
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Sep 19 2013, 03:34 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(AVFAN @ Sep 19 2013, 09:39 AM) kinda disappointing... local reits inching up snail pace while near another 2-4% gain for sgreits. sreit drop also faster, up also faster. fair enough. |
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Sep 19 2013, 04:17 PM
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All Stars
24,455 posts Joined: Nov 2010
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QUOTE(yok70 @ Sep 19 2013, 03:34 PM) sreit drop also faster, up also faster. fair enough. true, true - that side, gotta fast hand fast leg to buy or sell. anyway, happy to see sunreit gaining 4 sen today, nice! |
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Sep 19 2013, 04:37 PM
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Senior Member
1,177 posts Joined: Nov 2007
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QUOTE(AVFAN @ Sep 19 2013, 04:17 PM) true, true - that side, gotta fast hand fast leg to buy or sell. Can't compare to AXREIT. Up 9 cents. Looks like some big fund wants to come back into Malaysian REITs. anyway, happy to see sunreit gaining 4 sen today, nice! |
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Sep 19 2013, 04:52 PM
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All Stars
24,455 posts Joined: Nov 2010
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QUOTE(wankongyew @ Sep 19 2013, 04:37 PM) Can't compare to AXREIT. Up 9 cents. Looks like some big fund wants to come back into Malaysian REITs. ya, but tis one is like uoa, bsd, veli low volume even on hot days...i doubt foreign funds are back yet. just epf and more epf trading, i think... |
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Sep 19 2013, 09:51 PM
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Senior Member
2,406 posts Joined: Jul 2010 From: bandar Sunway
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KLCCP dividend received.and nice to see REIT all green today
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Sep 20 2013, 05:10 PM
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Senior Member
6,356 posts Joined: Aug 2008
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calling GARK; QE tapering has call off- how come reits red while CI is green....
Can find any infor related today sell DOWN especially KLCC...  This post has been edited by felixmask: Sep 20 2013, 05:26 PM |
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Sep 20 2013, 05:32 PM
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Senior Member
10,001 posts Joined: May 2013
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Any idea y KLCC drop 16 cents today?
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Sep 20 2013, 05:36 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(felixmask @ Sep 20 2013, 05:10 PM) calling GARK; QE tapering has call off- how come reits red while CI is green.... Yesterday treasury yields went up back after dropping .. apparently market still think possible taper will come.Can find any infor related today sell DOWN especially KLCC... Bernake DID mention that if he decide to taper he not necessary have to announce via press conference and/or FOMC meeting.. So now market worries about ' stealth taper' hahahahaa This post has been edited by gark: Sep 20 2013, 05:37 PM |
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Sep 20 2013, 05:39 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(gark @ Sep 20 2013, 05:36 PM) Yesterday treasury yields went up back after dropping .. apparently market still think possible taper will come. where u get such infor ? no need troublesome u...Bernake DID mention that if he decide to taper he not necessary have to announce via press conference and/or FOMC meeting.. So now market worries about ' stealth taper' hahahahaa |
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Sep 20 2013, 05:52 PM
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All Stars
24,455 posts Joined: Nov 2010
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QUOTE(gark @ Sep 20 2013, 05:36 PM) Yesterday treasury yields went up back after dropping .. apparently market still think possible taper will come. i think that wud be the best way to take it.Bernake DID mention that if he decide to taper he not necessary have to announce via press conference and/or FOMC meeting.. So now market worries about ' stealth taper' hahahahaa for >a year now, ben et al's been teasing n teasing, markets react, overreact but really, there has been no change in qe at all! i guess that's what it's all about - info, no info, misleading info, signs, strange signs - all that keeps market alive and wild, so everyone's happy speculating!! taper will come, a matter of time, maybe even a sharp one if fed sees some big bubble somewhere. for us mickey chickens, the only protection is to diversify, spread risks over equities-reits-fixed income-commodities-fx. one thing i am convinced: the day the shit hits the fan worldwide, i dun wanna be holding too much rm or rupiahs. |
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Sep 20 2013, 05:59 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(felixmask @ Sep 20 2013, 05:39 PM) where u get such infor ? no need troublesome u... http://www.bloomberg.com/quote/USGG10YR:INDhttp://www.marketwatch.com/investing/bond/10_year QUOTE NEW YORK (MarketWatch) -- U.S. Treasurys extended moderate losses, pushing up yields Thursday, after a stronger-than-expected rise in the Philadelphia Fed's manufacturing index, which jumped to 22.3 in September from 9.3 in August. Economists had forecast a reading of 11. The yield on the 10-year Treasury note 10_YEAR -0.91% was seen at 2.738%, up 4.5 basis points, or 0.045 percentage point, from Wednesday. A sharp Treasury rally in the wake of Wednesday's surprise decision by the Federal Reserve to leave its bond-buying program unchanged saw the 10-year yield post its biggest one-day drop in nearly two years. anyway dont fret too much yields goes up and down everyday...just buy what is comfortable for you...learn to tune out the noice.. sometimes market moves without reason. This post has been edited by gark: Sep 20 2013, 06:02 PM |
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Sep 20 2013, 06:06 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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QUOTE(gark @ Sep 20 2013, 05:59 PM) http://www.bloomberg.com/quote/USGG10YR:IND thanks for sharing http://www.marketwatch.com/investing/bond/10_year anyway dont fret too much yields goes up and down everyday...just buy what is comfortable for you...learn to tune out the noice.. sometimes market moves without reason.  |
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Sep 24 2013, 06:47 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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PAVILION REAL ESTATE INVESTMENT TRUST
EXTENSION OF TIME TO COMPLY WITH THE CONDITION IMPOSED BY THE SECURITIES COMMISSION (“SC”) IN CONNECTION WITH ITS APPROVAL FOR THE ESTABLISHMENT AND FLOTATION OF PAVILION REIT ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”) (“LISTING”) » Click to show Spoiler - click again to hide... « |
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Sep 26 2013, 09:54 AM
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Junior Member
47 posts Joined: Sep 2013
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Sunway REIT sees double-digit rental growth in Sunway Pyramid
http://www.thestar.com.my/Business/Busines...-in-Sunway.aspx |
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Sep 26 2013, 01:12 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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QUOTE(TanTartKia @ Sep 26 2013, 09:54 AM) Sunway REIT sees double-digit rental growth in Sunway Pyramid good yo http://www.thestar.com.my/Business/Busines...-in-Sunway.aspx |
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Sep 26 2013, 05:37 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(davinz18 @ Sep 26 2013, 01:12 PM) good yo assets exceed 7b by 2015. Now market cap only 4.1b.  |
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Sep 26 2013, 05:40 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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QUOTE(yok70 @ Sep 26 2013, 05:37 PM) assets exceed 7b by 2015. Now market cap only 4.1b. got potential yo  |
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Sep 26 2013, 05:54 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(davinz18 @ Sep 26 2013, 05:40 PM) got potential yo now is reit-cursing season. no one dare to talk reit. amanahraya and epf quietly accumulating cmmt. This post has been edited by yok70: Sep 26 2013, 05:57 PM |
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Sep 26 2013, 06:02 PM
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Junior Member
47 posts Joined: Sep 2013
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QUOTE(yok70 @ Sep 26 2013, 05:54 PM) now is reit-cursing season. no one dare to talk reit. anyone know how will US debt ceiling will affect mreit if US government do shutdown because of this? amanahraya and epf quietly accumulating cmmt. |
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Sep 26 2013, 11:48 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(TanTartKia @ Sep 26 2013, 06:02 PM) anyone know how will US debt ceiling will affect mreit if US government do shutdown because of this? shut down? sounds like a miracle. anyway, if that really happens, market panic, all stocks will be sold down including reits and bonds i bet. That would be an excellent chance to pick up cheap stocks, so save some cash. |
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Sep 27 2013, 09:38 AM
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Junior Member
28 posts Joined: Aug 2013
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Holding STAR Reits and UOA reits now
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Sep 27 2013, 11:36 AM
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Senior Member
3,815 posts Joined: Feb 2012
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QUOTE(TanTartKia @ Sep 26 2013, 06:02 PM) anyone know how will US debt ceiling will affect mreit if US government do shutdown because of this? Expect last minute compromise, just like last time |
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Sep 27 2013, 01:00 PM
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All Stars
21,311 posts Joined: Jan 2003 From: Kuala Lumpur
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QUOTE(river.sand @ Sep 27 2013, 11:36 AM) Expect last minute compromise, just like last time If they increase the US Debt Ceiling, would the stock market go down or up ? How will it affect M-REITs ? |
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Sep 27 2013, 01:36 PM
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Junior Member
47 posts Joined: Sep 2013
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QUOTE(ronnie @ Sep 27 2013, 01:00 PM) If they increase the US Debt Ceiling, would the stock market go down or up ? How will it affect M-REITs ? Btw..just copy from another forum:If Debt ceiling increase: 1) FED prints more money 2) inflation goes up due to more spending 3) QE tapering pushed back further likely to happen? If so, then good time to consolidate REITs once again if does not pass, i guess the US stock market sell down will begin just like what it happen in 2011 and it will affect KLSE too.. |
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Sep 27 2013, 02:36 PM
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(TanTartKia @ Sep 27 2013, 01:36 PM) Btw..just copy from another forum: Is it d right time to nibble REITs?If Debt ceiling increase: 1) FED prints more money 2) inflation goes up due to more spending 3) QE tapering pushed back further likely to happen? If so, then good time to consolidate REITs once again if does not pass, i guess the US stock market sell down will begin just like what it happen in 2011 and it will affect KLSE too.. |
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Sep 27 2013, 03:11 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(river.sand @ Sep 27 2013, 11:36 AM) Expect last minute compromise, just like last time  I cannot brain why the debt ceiling limit is not increased. QUOTE(ronnie @ Sep 27 2013, 01:00 PM) If they increase the US Debt Ceiling, would the stock market go down or up ? How will it affect M-REITs ? Stock market doesn't seem like react to debt ceiling issue at all.They expect it to increase, just matter of when and how politician struck a deal on it only. |
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Sep 27 2013, 06:10 PM
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All Stars
17,053 posts Joined: Jan 2003
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QUOTE(cherroy @ Sep 27 2013, 03:11 PM) I cannot brain why the debt ceiling limit is not increased. Stock market doesn't seem like react to debt ceiling issue at all. They expect it to increase, just matter of when and how politician struck a deal on it only. |
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Sep 27 2013, 11:08 PM
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All Stars
21,311 posts Joined: Jan 2003 From: Kuala Lumpur
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The name of the Trust will be changed from “Starhill Real Estate Investment Trust” to “YTL Hospitality REIT” with effect from the date of registration of the Restated Deed with the SC. Further developments will be announced in due course.
This announcement is dated 25 September 2013. Let's hope the new YTL branding can bring this REIT to new heights... reach for the stars !!! |
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Sep 27 2013, 11:13 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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QUOTE(ronnie @ Sep 27 2013, 11:08 PM) The name of the Trust will be changed from “Starhill Real Estate Investment Trust” to “YTL Hospitality REIT” with effect from the date of registration of the Restated Deed with the SC. Further developments will be announced in due course. I hope for the best after changing to YTL Hospitality REIT This announcement is dated 25 September 2013. Let's hope the new YTL branding can bring this REIT to new heights... reach for the stars !!! |
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Sep 28 2013, 01:45 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(ronnie @ Sep 27 2013, 11:08 PM) The name of the Trust will be changed from “Starhill Real Estate Investment Trust” to “YTL Hospitality REIT” with effect from the date of registration of the Restated Deed with the SC. Further developments will be announced in due course. I still don't know what DPU for FY14 I can expect from it, after its coming up exercise (RI? Private Placement?). And it's highly lack of information as there is no IB interested to write paper on it. Anyhow, I'm still holding most shares, only sold about 10% of my holdings for this uncertainty. This announcement is dated 25 September 2013. Let's hope the new YTL branding can bring this REIT to new heights... reach for the stars !!!  |
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Sep 28 2013, 08:01 AM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(yok70 @ Sep 28 2013, 01:45 AM) I still don't know what DPU for FY14 I can expect from it, after its coming up exercise (RI? Private Placement?). And it's highly lack of information as there is no IB interested to write paper on it. Anyhow, I'm still holding most shares, only sold about 10% of my holdings for this uncertainty. i also cant find..YTL another VT style..keep secret?so after sell 10%..keeping cash..or allocated in other stock? |
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Sep 28 2013, 04:05 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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QUOTE(yok70 @ Sep 28 2013, 01:45 AM) I still don't know what DPU for FY14 I can expect from it, after its coming up exercise (RI? Private Placement?). And it's highly lack of information as there is no IB interested to write paper on it. Anyhow, I'm still holding most shares, only sold about 10% of my holdings for this uncertainty. Why the company so secretive one? Got Someting2   |
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Sep 29 2013, 03:19 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(felixmask @ Sep 28 2013, 08:01 AM) i also cant find..YTL another VT style..keep secret? oh that 10% was sold many months ago loh when they announced the fund raising news at around 1.08. That was consider part of the process I cutting down REITs holding from close to 60% (at 40% cash position) to current 33% (11% cash position) of total profile. so after sell 10%..keeping cash..or allocated in other stock? This post has been edited by yok70: Sep 29 2013, 03:23 AM |
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Sep 30 2013, 12:41 PM
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Senior Member
9,361 posts Joined: Aug 2010
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So many cross-currents now.
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Sep 30 2013, 01:38 PM
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Junior Member
488 posts Joined: May 2009 From: damansara
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Actually I believe all this news like Syria,gomen shutdown,eu crisis is an opportunity to buy shares,as the worst would never happen.
So many times oredi,got this and that,at last sure resolved 1. |
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Sep 30 2013, 02:43 PM
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Senior Member
10,001 posts Joined: May 2013
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Axreit was d biggest loser today
Any1 know y? |
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Sep 30 2013, 02:52 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(wil-i-am @ Sep 30 2013, 02:43 PM) Axreit was d biggest loser today maybe realted to US goverment shuting down...wait to see the news tonightAny1 know y? |
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Sep 30 2013, 03:00 PM
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Senior Member
16,872 posts Joined: Jun 2011
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IGB ok ar
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Sep 30 2013, 03:17 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(felixmask @ Sep 30 2013, 02:52 PM) maybe realted to US goverment shuting down...wait to see the news tonight deadline for debt ceiling is when? 17 Oct? |
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Sep 30 2013, 03:20 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(yok70 @ Sep 30 2013, 03:17 PM) deadline for debt ceiling is when? 17 Oct? from my reading source is tonite..then stay tune to bloomberg, CNN http://finance.yahoo.com/news/us-governmen...-041218858.html |
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Sep 30 2013, 03:23 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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QUOTE(felixmask @ Sep 30 2013, 03:20 PM) from my reading source is tonite..then stay tune to bloomberg, CNN I hope for the best, please no Shut down http://finance.yahoo.com/news/us-governmen...-041218858.html |
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Sep 30 2013, 03:23 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(Pink Spider @ Sep 30 2013, 03:00 PM) IGB ok ar I thought u bought IGBreits..still want to ask or for US going to shut down any impact ?All is Mr Market news...sure ppl will do panic exit. The next day...another stupid BULL run again. |
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Sep 30 2013, 03:25 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(davinz18 @ Sep 30 2013, 03:23 PM) I hope for the best, please no Shut down Last year already making big headline of US debt celling..drag until now 10 month...nothing happen as what i forecast will worst.By the way..i dump my BOND fund to Equity Fund...so my cash will buying spree... This post has been edited by felixmask: Sep 30 2013, 03:26 PM |
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Sep 30 2013, 06:33 PM
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All Stars
24,455 posts Joined: Nov 2010
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QUOTE(wil-i-am @ Sep 30 2013, 02:43 PM) Axreit was d biggest loser today the volume is very small, probably just a couple of jittery sellers.Any1 know y? local and sg reits today all soft, small vol, looking for leads, i think. us bond prices rising, yield 2.6%, likely due to us gomen "shutdown" talk. strange thing is usd got stronger, rm get kicked again back to 3.26! that perhaps say a dysfunctional us gomen is stronger than a "working" boland one?!! anyway, watch glove n condom makers. as our goemn throws away money, no major viable productive investments, rm will weaken further. these cos. stand to reap bigger proifts - supermax, hartalega, topglove, etc. |
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Sep 30 2013, 06:38 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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ATRIUM REAL ESTATE INVESTMENT TRUST
The Net Asset Value per unit of Atrium Real Estate Investment Trust as at 30 September 2013 is RM1.2382 STARHILL REAL ESTATE INVESTMENT TRUST The net asset value per unit of Starhill Real Estate Investment Trust as at 30 September 2013 is RM1.0226. AMANAHRAYA REAL ESTATE INVESTMENT TRUST Net Asset Value per unit of Amanahraya Real Estate Investment Trust as at 30 September 2013 is RM1.0591 This post has been edited by davinz18: Sep 30 2013, 06:44 PM |
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Sep 30 2013, 06:44 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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AXIS REAL ESTATE INVESTMENT TRUST
The NAV per unit of Axis Real Estate Investment Trust for the quarter ended 30 September 2013 is RM 2.1734. UOA REAL ESTATE INVESTMENT TRUST NAV per unit as at 30 September 2013 : RM1.5029 |
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Oct 1 2013, 09:51 AM
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Senior Member
2,677 posts Joined: Dec 2010
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Wah, nowadays reits people goreng AXreit up 23c
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Oct 1 2013, 10:11 AM
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Junior Member
58 posts Joined: Apr 2012
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QUOTE(CP88 @ Oct 1 2013, 09:51 AM) Wah, nowadays reits people goreng AXreit up 23c heard of any good news related to AXreit causing ppl goreng? |
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Oct 1 2013, 10:30 AM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(my-logitech @ Oct 1 2013, 10:11 AM) heard of any good news related to AXreit causing ppl goreng? Yesterday ppl heavy selling..today buy back.. |
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Oct 1 2013, 02:16 PM
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Junior Member
503 posts Joined: Aug 2006 From: CatCity
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U.S. government shuts down CONFIRM !
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Oct 1 2013, 02:25 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(cybersim2 @ Oct 1 2013, 02:16 PM) U.S. government shuts down CONFIRM ! Can open a BET thread..after 48hr show..back to normal..1week everyone forget what they said today... |
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Oct 1 2013, 02:41 PM
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Senior Member
10,001 posts Joined: May 2013
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Axreit up 1 cents now
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Oct 1 2013, 02:52 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(wil-i-am @ Oct 1 2013, 02:41 PM) Axreit up 1 cents now wait..up 3 sen..then is normal growth |
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Oct 2 2013, 12:08 PM
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Senior Member
9,361 posts Joined: Aug 2010
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Market shrugged-off the shutdown.
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Oct 2 2013, 04:52 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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today eat more pretending-reit KLCC....
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Oct 2 2013, 05:39 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(yok70 @ Oct 2 2013, 04:52 PM) today eat more pretending-reit KLCC.... so u buy KLCCP....how much you hit the jackpot.... |
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Oct 2 2013, 10:08 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(felixmask @ Oct 2 2013, 05:39 PM) so u buy KLCCP....how much you hit the jackpot.... 6.37... |
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Oct 2 2013, 10:41 PM
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Junior Member
25 posts Joined: Jan 2009
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Guys,
Fundsupermart sell am REIT only. What's alternative online channel for REIT purchase?  |
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Oct 2 2013, 10:50 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(lenovo_T60 @ Oct 2 2013, 10:41 PM) Guys, you can buy reits through ordinary cds account. So far 17 of them listed in Bursa under REIT sector.Fundsupermart sell am REIT only. What's alternative online channel for REIT purchase? |
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Oct 2 2013, 11:04 PM
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Junior Member
162 posts Joined: Jun 2012
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Sifus here, can I chk with you all if previously arreit has reach this high before? Was planning to shop some before it breaks 1.00 but nw it's too late..
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Oct 3 2013, 09:28 AM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(Rich_Lim @ Oct 2 2013, 11:04 PM) Sifus here, can I chk with you all if previously arreit has reach this high before? Was planning to shop some before it breaks 1.00 but nw it's too late.. Dont worry of LATE, pletny ppl also late..Only scare no money to invest..Invest no need to hurry..one...wait for valuation good..require fishing skill.. Dont get me wrong, i meanz do homework..then you dont regret becoz MARKET can up the stock also can bring down. |
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Oct 3 2013, 09:57 AM
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Senior Member
16,872 posts Joined: Jun 2011
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QUOTE(Rich_Lim @ Oct 2 2013, 11:04 PM) Sifus here, can I chk with you all if previously arreit has reach this high before? Was planning to shop some before it breaks 1.00 but nw it's too late.. Look at the analyst reports, look at the projected dividend per unit.As long as the dividend yield is ok for u, just buy. REITs are for dividend income, don't get worried too much about the capital up/down. Just my 2 sen  |
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Oct 3 2013, 10:04 AM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(Pink Spider @ Oct 3 2013, 09:57 AM) Look at the analyst reports, look at the projected dividend per unit. Thank you pink gor..correct me..i total forget...about yieldAs long as the dividend yield is ok for u, just buy. REITs are for dividend income, don't get worried too much about the capital up/down. Just my 2 sen |
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Oct 3 2013, 01:27 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(felixmask @ Oct 3 2013, 10:04 AM) Thank you pink gor..correct me..i total forget...about yield you forgot about yield on REIT investment? |
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Oct 3 2013, 01:38 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(yok70 @ Oct 3 2013, 01:27 PM) you forgot about yield on REIT investment?  The reason..MY IGBreits...got enough pool money leverage...didnt care the yield. I only buy buy buy.....and only wait wait...Not picky for yield....I made wrong judgement of IGB valuation..I used big net..now take time to leverage When other resits is better... Sorry... This post has been edited by felixmask: Oct 3 2013, 01:40 PM |
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Oct 3 2013, 04:44 PM
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Senior Member
2,406 posts Joined: Jul 2010 From: bandar Sunway
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KLCC REIT dividend received.1 lot only 2.88 lol
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Oct 3 2013, 04:51 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(ryan18 @ Oct 3 2013, 04:44 PM) KLCC REIT dividend received.1 lot only 2.88 lol BUY BUY and keep kepp...im using nominee hv to wait few day process. |
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Oct 3 2013, 06:04 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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TOWER REAL ESTATE INVESTMENT TRUST
The NAV per unit of Tower Real Estate Investment Trust as at 30 September 2013 is RM1.8025. |
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Oct 3 2013, 07:46 PM
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Junior Member
162 posts Joined: Jun 2012
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Is there any portal where we can check how often the ReiTs distributes div?
Currently using mreit.reitdata |
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Oct 3 2013, 07:48 PM
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Junior Member
162 posts Joined: Jun 2012
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QUOTE(Pink Spider @ Oct 3 2013, 09:57 AM) Look at the analyst reports, look at the projected dividend per unit. True but sometimes seeing red in portfolio is bit As long as the dividend yield is ok for u, just buy. REITs are for dividend income, don't get worried too much about the capital up/down. Just my 2 sen  Best if I can buy low yet getting the div |
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Oct 3 2013, 08:42 PM
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Senior Member
16,872 posts Joined: Jun 2011
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QUOTE(Rich_Lim @ Oct 3 2013, 07:48 PM) True but sometimes seeing red in portfolio is bit In the annual/interim reports of mutual funds, its not uncommon to see COST > MARKET VALUE, but that does not mean that its not a profitable investment. Best if I can buy low yet getting the div E.g. Cost: RM500,000 Market Value: RM350,000 But accumulated dividends received may have already exceeded the paper loss of RM150,000 Think u are better than the POH-fessional fund manyzers? |
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Oct 4 2013, 05:06 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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cmmt fell back down. GIC (Sg gomen fund) continues selling stake, while Amanahraya buying.
at current 1.51, FY14 net yield goes slightly above 5.5%. MGS continues gaining strength lately, yield at 3.5-3.68% (5-10 yrs). consider next year, interest rate may increase by 0.25-0.5%. |
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Oct 4 2013, 05:16 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(yok70 @ Oct 4 2013, 05:06 PM) cmmt fell back down. GIC (Sg gomen fund) continues selling stake, while Amanahraya buying. i thought Debt Celling ...US need more QE3..to support the market.at current 1.51, FY14 net yield goes slightly above 5.5%. MGS continues gaining strength lately, yield at 3.5-3.68% (5-10 yrs). consider next year, interest rate may increase by 0.25-0.5%. US SHUT DOWN also increaset jobless rate...Qe3 tapering condition not meet... Uncle Ben still continue his term as Fed Chairman ? This post has been edited by felixmask: Oct 4 2013, 05:17 PM |
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Oct 4 2013, 05:30 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(felixmask @ Oct 4 2013, 05:16 PM) i thought Debt Celling ...US need more QE3..to support the market. I don't think Ben can continue. But QE3 can continue. US SHUT DOWN also increaset jobless rate...Qe3 tapering condition not meet... Uncle Ben still continue his term as Fed Chairman ? |
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Oct 4 2013, 05:49 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(yok70 @ Oct 4 2013, 05:30 PM) I don't think Ben can continue. But QE3 can continue. got such rule Fed Chairman cant be sit by same person for more than 2 term ?I visit http://en.wikipedia.org/wiki/Chairman_of_the_Federal_Reserve .Alan Greenspan work very long... |
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Oct 4 2013, 06:23 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(felixmask @ Oct 4 2013, 05:49 PM) got such rule Fed Chairman cant be sit by same person for more than 2 term ? not sure about that, but Obama has made himself clear that he sure want Ben to step down and use new blood.I visit http://en.wikipedia.org/wiki/Chairman_of_the_Federal_Reserve .Alan Greenspan work very long... |
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Oct 7 2013, 08:33 AM
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Senior Member
2,702 posts Joined: Dec 2004 From: P8X-86A
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igbreit still on cheap sale..
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Oct 7 2013, 10:26 AM
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Junior Member
20 posts Joined: Jun 2007
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wanna get discounted igbreit but stucked in the process of validating order..
im using hlebroking, anyone encountered the same issue? |
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Oct 7 2013, 10:30 AM
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Senior Member
16,872 posts Joined: Jun 2011
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QUOTE(nightzstar @ Oct 7 2013, 08:33 AM) igbreit still on cheap sale.. I don't think so...below 1.20 only cheap |
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Oct 7 2013, 11:08 AM
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Senior Member
2,702 posts Joined: Dec 2004 From: P8X-86A
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QUOTE(Pink Spider @ Oct 7 2013, 10:30 AM) I don't think so...below 1.20 only cheap any chances it will go lower? |
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Oct 7 2013, 11:19 AM
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Senior Member
16,872 posts Joined: Jun 2011
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QUOTE(nightzstar @ Oct 7 2013, 11:08 AM) any chances it will go lower? US treasurys kaboom lor |
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Oct 7 2013, 11:25 AM
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Senior Member
2,702 posts Joined: Dec 2004 From: P8X-86A
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QUOTE(Pink Spider @ Oct 7 2013, 11:19 AM) US treasurys kaboom lor that have to depend on obama next plan liao |
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Oct 7 2013, 11:32 AM
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Senior Member
1,552 posts Joined: Feb 2013
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QUOTE(Pink Spider @ Oct 7 2013, 10:30 AM) I don't think so...below 1.20 only cheap that's dirt cheap. QUOTE(nightzstar @ Oct 7 2013, 11:08 AM) any chances it will go lower? as pinkylabah2 said, Oct 17 only will know. |
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Oct 7 2013, 12:07 PM
Show posts by this member only | IPv6 | Post
#133
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Senior Member
3,815 posts Joined: Feb 2012
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QUOTE(Pink Spider @ Oct 7 2013, 11:19 AM) US treasurys kaboom lor If US defaults, will investors buy stocks/property/gold? |
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Oct 7 2013, 12:41 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(river.sand @ Oct 7 2013, 12:07 PM) If US defaults, will investors buy stocks/property/gold? If US defaults... the whole world economy will go into tailspin. Currency, commodities, property, bonds, stock, etc all will be destroyed. This is an unthinkable scenario, and USA will not do that.In the event the debt ceiling is not raise, it will opt to cut non essential payment first, it can sustain interest payment on treasuries indefinitely with the current tax collection. Treasury priority payment, in even of debt ceiling not raised :- 1. Interest Payment - Full payment 2. Troop/Police/Coast Guard/Security Civil servant Salaries - Full payment (you gotta pay those who hold the guns...) 3. Social Security - Partial payment 4. Other civil services - Partial payment 5. Payment to contractor etc - delay payment 6. Research grants, foreign aid etc - stop payment This post has been edited by gark: Oct 7 2013, 12:47 PM |
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Oct 7 2013, 01:02 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(gark @ Oct 7 2013, 12:41 PM) If US defaults... the whole world economy will go into tailspin. Currency, commodities, property, bonds, stock, etc all will be destroyed. This is an unthinkable scenario, and USA will not do that. After Debt celling has been set, is Qe3 absoulte continue until extend the emplyment rate reduce ?In the event the debt ceiling is not raise, it will opt to cut non essential payment first, it can sustain interest payment on treasuries indefinitely with the current tax collection. Treasury priority payment, in even of debt ceiling not raised :- 1. Interest Payment - Full payment 2. Troop/Police/Coast Guard/Security Civil servant Salaries - Full payment (you gotta pay those who hold the guns...) 3. Social Security - Partial payment 4. Other civil services - Partial payment 5. Payment to contractor etc - delay payment 6. Research grants, foreign aid etc - stop payment |
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Oct 7 2013, 01:19 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(felixmask @ Oct 7 2013, 01:02 PM) After Debt celling has been set, is Qe3 absoulte continue until extend the emplyment rate reduce ? Fed and treasury is two separate entity. By law Fed cannot lent directly to treasury.. so debt ceiling have no effect on tapering. |
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Oct 7 2013, 01:44 PM
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Senior Member
10,001 posts Joined: May 2013
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Axreit n Klcc is d biggest losers today
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Oct 7 2013, 01:59 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(gark @ Oct 7 2013, 01:19 PM) Fed and treasury is two separate entity. By law Fed cannot lent directly to treasury.. so debt ceiling have no effect on tapering. I agree...but once debt celling resolved, outlook US economic still weak with number of unemployed...the Qe3 will extend support US economic... |
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Oct 7 2013, 02:00 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(felixmask @ Oct 7 2013, 01:59 PM) I agree...but once debt celling resolved, outlook US economic still weak with number of unemployed... QE3 is like a drug... sooner or later it has to stop otherwise it destroy the consumer... the Qe3 will extend support US economic... So the tapering is inevitable. Just a matter or when, how fast and how long. This post has been edited by gark: Oct 7 2013, 02:01 PM |
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Oct 7 2013, 02:39 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(gark @ Oct 7 2013, 02:00 PM) QE3 is like a drug... sooner or later it has to stop otherwise it destroy the consumer... thats why i also part of drug addicted...hand want press buy more stock button.So the tapering is inevitable. Just a matter or when and how long. |
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Oct 7 2013, 03:04 PM
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(felixmask @ Oct 7 2013, 02:39 PM) thats why i also part of drug addicted...hand want press buy more stock button. Remove the buy button lol |
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Oct 7 2013, 03:12 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(wil-i-am @ Oct 7 2013, 03:04 PM) Remove the buy button lol ELSE my wife spend my saving... |
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Oct 7 2013, 03:14 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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QUOTE(felixmask @ Oct 7 2013, 03:12 PM) ELSE my wife spend my saving... "hide" your money somewhere |
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Oct 7 2013, 03:17 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(davinz18 @ Oct 7 2013, 03:14 PM) "hide" your money somewhere I hide in stock.my wife no KNOW Nut about stock..especially looking the number... |
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Oct 7 2013, 03:20 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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QUOTE(felixmask @ Oct 7 2013, 03:17 PM) I hide in stock. Good husband my wife no KNOW Nut about stock..especially looking the number... |
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Oct 7 2013, 04:22 PM
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(felixmask @ Oct 7 2013, 03:12 PM) ELSE my wife spend my saving... Ask her to spend on jewellery lol |
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Oct 7 2013, 04:33 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(wil-i-am @ Oct 7 2013, 04:22 PM) Ask her to spend on jewellery lol gold or jewellery dont generate income/give babe gold/jewelery or interest when i invest in such asset.becoz Is a fix instrument asset without generating income. Only hv apaper gain..when i do buy/sell transaction according to market cycle which take longer time vs in stock which i choice select any time when i want as long the stock can generating income by paying me dividend which i need to do 1 buy. This post has been edited by felixmask: Oct 7 2013, 04:35 PM |
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Oct 7 2013, 04:37 PM
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(felixmask @ Oct 7 2013, 04:33 PM) gold or jewellery dont generate income/give babe gold/jewelery or interest when i invest in such asset. Give it to yo children as wedding gift lolbecoz Is a fix instrument asset without generating income. Only hv apaper gain..when i do buy/sell transaction according to market cycle which take longer time vs in stock which i choice select any time when i want as long the stock can generating income by paying me dividend which i need to do 1 buy. |
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Oct 7 2013, 04:47 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(wil-i-am @ Oct 7 2013, 04:37 PM) Give it to yo children as wedding gift lol they may not like it..old fashion. Time pass trend/design can be abosulte or no longer relevant.Like phone..phone evolve nokia 2G phone to samsung s3 touch screen. Let the young to decide and be responsibility by their own. |
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Oct 7 2013, 04:51 PM
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(felixmask @ Oct 7 2013, 04:47 PM) they may not like it..old fashion. Time pass trend/design can be abosulte or no longer relevant. Sell as a last resortLike phone..phone evolve nokia 2G phone to samsung s3 touch screen. Let the young to decide and be responsibility by their own. |
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Oct 7 2013, 05:14 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(wil-i-am @ Oct 7 2013, 04:51 PM) Sell as a last resort sorry long winter......I adopt WB quoteDont buy thing that dont need, later need to sell that required. |
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Oct 7 2013, 05:15 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(felixmask @ Oct 7 2013, 03:17 PM) I hide in stock. Wife never audit you before ah? my wife no KNOW Nut about stock..especially looking the number... How much in - how much out... cannot hide... |
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Oct 7 2013, 05:16 PM
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(felixmask @ Oct 7 2013, 05:14 PM) sorry long winter......I adopt WB quote U r an individual with a strong principleDont buy thing that dont need, later need to sell that required. |
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Oct 7 2013, 05:17 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(gark @ Oct 7 2013, 05:15 PM) Wife never audit you before ah? Thats why i dont keep MONEY in saving account. How much in - how much out... cannot hide... |
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Oct 7 2013, 05:19 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(felixmask @ Oct 7 2013, 05:17 PM) Thats why i dont keep MONEY in saving account. In house, who control your fiannace wife or you...? If you then can hide, if not....susah Next time want to jolly, have to sell stock cause bank account kosong.. This post has been edited by gark: Oct 7 2013, 05:20 PM |
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Oct 7 2013, 05:27 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(gark @ Oct 7 2013, 05:19 PM) In house, who control your fiannace wife or you...? If you then can hide, if not....susah I control myself, cant let her see MONEY in the bank account..else..whe she BAD MOOD..i require spend $$$ to made her MOOD happy...Next time want to jolly, have to sell stock cause bank account kosong.. She bad mood..i juz tell her see my saving..i even BAD MOOD... 2nd I dont jolly, drink, yam cha, find frienz, gadjet , internet , supper...what ever....really humble work and spend that necessary. |
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Oct 7 2013, 05:32 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(felixmask @ Oct 7 2013, 05:27 PM) I control myself, cant let her see MONEY in the bank account..else..whe she BAD MOOD..i require spend $$$ to made her MOOD happy... Wah lau good tactic... hahahaha She bad mood..i juz tell her see my saving..i even BAD MOOD... 2nd I dont jolly, drink, yam cha, find frienz, gadjet , internet , supper...what ever....really humble work and spend that necessary. |
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Oct 7 2013, 05:36 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(gark @ Oct 7 2013, 05:32 PM) Wah lau good tactic... hahahaha Divident received..include my monthly saving to buy more stock....someting like reinvest. |
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Oct 7 2013, 05:51 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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QUOTE(felixmask @ Oct 7 2013, 05:27 PM) 2nd I dont jolly, drink, yam cha, find frienz, gadjet , internet , supper...what ever....really humble work and spend that necessary. |
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Oct 7 2013, 06:11 PM
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Senior Member
1,552 posts Joined: Feb 2013
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QUOTE(felixmask @ Oct 7 2013, 03:17 PM) I hide in stock. ehhh same case brother.my wife no KNOW Nut about stock..especially looking the number... gf know salary but dunno total stock value. |
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Oct 8 2013, 11:27 AM
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Junior Member
31 posts Joined: Mar 2008
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hi sifus, i quite interested to invest in reit.
in reit, the main concern will only be the dividend? or we need to monitor regularly too? cheers |
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Oct 8 2013, 11:54 AM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(lexo_oxel @ Oct 8 2013, 11:27 AM) hi sifus, i quite interested to invest in reit. Yes..the reits is mainly on yield.in reit, the main concern will only be the dividend? or we need to monitor regularly too? cheers Those monitor one if calculate calc the other reits..doing better want to jump shit to other reits. 1) buy and keep, since there is variety reits available when there is available new fund you can opt the reits you like based critieria you choosing 2) buy and switch for better yield - another option ppl sell the current to buy other reits. Is up to individual investor want to do current reits bought and available new fund to invest either diversify and accumulating. This post has been edited by felixmask: Oct 8 2013, 11:56 AM |
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Oct 8 2013, 02:46 PM
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Junior Member
31 posts Joined: Mar 2008
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thanks a lot for the sharing, felix
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Oct 8 2013, 06:51 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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For all retail REIT players...
Summary ... 1. M-Reit is not attractive with dividend yield of 5.1%-5.5% va MGS 3.98% yield. 2. Oversupply of new retail malls by 2015 will increase mall space by 28%. 3. Rental revision expected to below inflation or stay flat for the next 5 years due to oversupply of retail mall space. 4. CIMB recommend investor to STOP accumulating REIT as the price is NOT attractive, expect lower or flat rental revision & lower occupancy. 5. Current dividend yield not favorable for mall acquisition, yield of 6%-7% is currently the 'fair' value.. 6. As dividend yield rise, prices will fall accordingly to match the 'fair' yield. 7. Investors will get triple whammy, rising MGS yields, lower occupancy, flat rental revision...NOT a good outlook for retail REITs. Full article below... » Click to show Spoiler - click again to hide... « This post has been edited by gark: Oct 8 2013, 07:05 PM |
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Oct 8 2013, 09:46 PM
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Senior Member
2,455 posts Joined: Aug 2008 From: Malaysia
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QUOTE(gark @ Oct 8 2013, 06:51 PM) For all retail REIT players... Thanks for sharing Summary ... 1. M-Reit is not attractive with dividend yield of 5.1%-5.5% va MGS 3.98% yield. 2. Oversupply of new retail malls by 2015 will increase mall space by 28%. 3. Rental revision expected to below inflation or stay flat for the next 5 years due to oversupply of retail mall space. 4. CIMB recommend investor to STOP accumulating REIT as the price is NOT attractive, expect lower or flat rental revision & lower occupancy. 5. Current dividend yield not favorable for mall acquisition, yield of 6%-7% is currently the 'fair' value.. 6. As dividend yield rise, prices will fall accordingly to match the 'fair' yield. 7. Investors will get triple whammy, rising MGS yields, lower occupancy, flat rental revision...NOT a good outlook for retail REITs. |
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Oct 8 2013, 09:51 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(gark @ Oct 8 2013, 06:51 PM) For all retail REIT players... These are all valid points. Summary ... 1. M-Reit is not attractive with dividend yield of 5.1%-5.5% va MGS 3.98% yield. 2. Oversupply of new retail malls by 2015 will increase mall space by 28%. 3. Rental revision expected to below inflation or stay flat for the next 5 years due to oversupply of retail mall space. 4. CIMB recommend investor to STOP accumulating REIT as the price is NOT attractive, expect lower or flat rental revision & lower occupancy. 5. Current dividend yield not favorable for mall acquisition, yield of 6%-7% is currently the 'fair' value.. 6. As dividend yield rise, prices will fall accordingly to match the 'fair' yield. 7. Investors will get triple whammy, rising MGS yields, lower occupancy, flat rental revision...NOT a good outlook for retail REITs. Full article below... » Click to show Spoiler - click again to hide... « Tricky part is, buying opportunity always appear during negative perspective. Where is the "sweet spot" of buying? Definitely not past 1-2 years when net yield reaching 4%, IBs still rate a Buy call. And we need to be really picky this time. Which REIT has STRONG growth potential in the next few years? That growth can neutralize (or even outperformed) MSG yield increment? You mentioned 6-7% yield, I think that's a good validation point for FY14/FY15. If a REIT believed to be able to provide this yield, and at the same time able continue to growth 5% pa on yield, it should still be a good steady income investment instrument. The most important criteria on sustainability income might be this two factor: High quality management + High quality asset class. I am currently quite comfortable with my 32% profile on REIT with net yield (via avg buying price) ranged from 5%-8%. However, if REIT rebound 10% or so in near term, I may continue to sell off another 5-7% and stops when reaching 25% total holdings. I agree with Gark that it is not a smart move to accumulate blindly at this junction, unless net yield reaches 6-7% with HQ management + HQ assets class. |
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Oct 8 2013, 10:17 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(yok70 @ Oct 8 2013, 09:51 PM) These are all valid points. Yes buying oppurtunity exist for those who have patience. The article is a general article for all reits, but not all reits is the same. My crteria for choosing reits as follows.... Tricky part is, buying opportunity always appear during negative perspective. Where is the "sweet spot" of buying? Definitely not past 1-2 years when net yield reaching 4%, IBs still rate a Buy call. And we need to be really picky this time. Which REIT has STRONG growth potential in the next few years? That growth can neutralize (or even outperformed) MSG yield increment? You mentioned 6-7% yield, I think that's a good validation point for FY14/FY15. If a REIT believed to be able to provide this yield, and at the same time able continue to growth 5% pa on yield, it should still be a good steady income investment instrument. The most important criteria on sustainability income might be this two factor: High quality management + High quality asset class. I am currently quite comfortable with my 32% profile on REIT with net yield (via avg buying price) ranged from 5%-8%. However, if REIT rebound 10% or so in near term, I may continue to sell off another 5-7% and stops when reaching 25% total holdings. I agree with Gark that it is not a smart move to accumulate blindly at this junction, unless net yield reaches 6-7% with HQ management + HQ assets class. 1. I think >6% is a fair value, higher yield than that shows undervalue. 2. Choose reit which has good name brand, in which even in high capacity will not be impacted. Location, location is the mantra for all property investment and also reits. 3. Take reit with low debt to asset, so they can grow even in tough times. Highly leveraged reit have no more oppurtunity to grow unless dilution via private placement. |
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Oct 8 2013, 10:58 PM
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Junior Member
401 posts Joined: Oct 2005
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Got my arreit dividend today, nice.
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Oct 9 2013, 04:26 PM
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Senior Member
2,702 posts Joined: Dec 2004 From: P8X-86A
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QUOTE(gark @ Oct 8 2013, 10:17 PM) Yes buying oppurtunity exist for those who have patience. The article is a general article for all reits, but not all reits is the same. My crteria for choosing reits as follows.... thks for sharing tips, how to count the fair value? thanks 1. I think >6% is a fair value, higher yield than that shows undervalue. 2. Choose reit which has good name brand, in which even in high capacity will not be impacted. Location, location is the mantra for all property investment and also reits. 3. Take reit with low debt to asset, so they can grow even in tough times. Highly leveraged reit have no more oppurtunity to grow unless dilution via private placement. |
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Oct 9 2013, 05:15 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(nightzstar @ Oct 9 2013, 04:26 PM) thks for sharing tips, how to count the fair value? thanks There is no right way to count.. for REIt is based on MGS, MGS yield go up, fair value yield for REITs go up as well. |
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Oct 9 2013, 05:22 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(gark @ Oct 9 2013, 05:15 PM) There is no right way to count.. for REIt is based on MGS, MGS yield go up, fair value yield for REITs go up as well. US debt celling settle & addicted to QE3 still continue...not sure new Fed Yellen next year will do.. |
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Oct 9 2013, 05:47 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(felixmask @ Oct 9 2013, 05:22 PM) US debt celling settle & addicted to QE3 still continue...not sure new Fed Yellen next year will do.. Yellen is said to be follower to Bernake.. and chances are she will allow QE to continue a bit more.But as always QE is a DRUG.. so it gotta stop sooner or later, don't be addicted to it! This post has been edited by gark: Oct 9 2013, 05:48 PM |
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Oct 9 2013, 05:57 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(gark @ Oct 9 2013, 05:47 PM) Yellen is said to be follower to Bernake.. and chances are she will allow QE to continue a bit more. i try....keep bond also die..keep stock also die..But as always QE is a DRUG.. so it gotta stop sooner or later, don't be addicted to it! KEEP cash like you ? |
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Oct 9 2013, 06:00 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(felixmask @ Oct 9 2013, 05:57 PM) i try....keep bond also die..keep stock also die.. Keep cash also die.... KEEP cash like you ? |
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Oct 9 2013, 06:04 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(gark @ Oct 9 2013, 06:00 PM) Keep cash also die.... You funny...man |
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Oct 9 2013, 06:30 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(felixmask @ Oct 9 2013, 06:04 PM) You funny...mandie from inflation, slowly cut you until you bleed to death... |
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Oct 9 2013, 08:44 PM
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(gark @ Oct 9 2013, 06:30 PM) Not funny leh... Cash is King wo...die from inflation, slowly cut you until you bleed to death... |
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Oct 9 2013, 08:53 PM
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Senior Member
16,872 posts Joined: Jun 2011
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QUOTE(wil-i-am @ Oct 9 2013, 08:44 PM) Cash is King wo... Keeping cash is like...Middle ages, u have 1,000,000 infantry troopers, but u were afraid to march your troops to conquer neighbouring nations. U wait and wait and wait for "opportunity"... 10 years later, ppl have invented cannons and fireams, 50,000 gunners can wipe out your million-strong sword-wielding army |
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Oct 9 2013, 09:02 PM
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(Pink Spider @ Oct 9 2013, 08:53 PM) Keeping cash is like... Not keeping cashMiddle ages, u have 1,000,000 infantry troopers, but u were afraid to march your troops to conquer neighbouring nations. U wait and wait and wait for "opportunity"... 10 years later, ppl have invented cannons and fireams, 50,000 gunners can wipe out your million-strong sword-wielding army Will utilize cash once opportunity strike |
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Oct 9 2013, 09:07 PM
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Senior Member
16,872 posts Joined: Jun 2011
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QUOTE(wil-i-am @ Oct 9 2013, 09:02 PM) Not keeping cash When is the opportunity?Will utilize cash once opportunity strike If u wanna wait for the goalkeeper to fall asleep then only u take a shot, you'll never score, u have to take some risk. |
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Oct 9 2013, 09:07 PM
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Senior Member
2,635 posts Joined: Jun 2011 From: bohtakchik
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This post has been edited by lambethwalk: Nov 14 2013, 09:13 PM |
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Oct 9 2013, 09:26 PM
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(Pink Spider @ Oct 9 2013, 09:07 PM) When is the opportunity? Once trigger 6 sense, will press Buy buttonIf u wanna wait for the goalkeeper to fall asleep then only u take a shot, you'll never score, u have to take some risk. |
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Oct 9 2013, 09:36 PM
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Senior Member
8,438 posts Joined: Nov 2005
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QUOTE(Pink Spider @ Oct 9 2013, 09:07 PM) When is the opportunity? Not taking some risk, it supposed to be taking a shot on goal. But maybe sometimes people want to have 1 shot 1 goal.If u wanna wait for the goalkeeper to fall asleep then only u take a shot, you'll never score, u have to take some risk. |
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Oct 9 2013, 09:41 PM
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Senior Member
3,459 posts Joined: Jan 2009
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I do not understand why buy REIT mainly to get 5-6% annual yields when they are so many high-yielding dividend stocks which can give such yields and some more can get capital appreciation when the stock price rise.
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Oct 9 2013, 09:45 PM
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Senior Member
8,438 posts Joined: Nov 2005
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QUOTE(topearn @ Oct 9 2013, 09:41 PM) I do not understand why buy REIT mainly to get 5-6% annual yields when they are so many high-yielding dividend stocks which can give such yields and some more can get capital appreciation when the stock price rise. Last time there are many stocks giving > 6% DY, but now very less....even then the REITS yield was like 8-10%. Can you give me some high yielding dividend stocks so that I can increase my holdings on high yielding div stocks? |
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Oct 9 2013, 09:48 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(topearn @ Oct 9 2013, 09:41 PM) I do not understand why buy REIT mainly to get 5-6% annual yields when they are so many high-yielding dividend stocks which can give such yields and some more can get capital appreciation when the stock price rise. Please name those 5-6% net yield stocks. Please also exclude those one off capital repayment, one off special dividend one, but purely from sustainable dividend yield that come from operation earning. Many may also interested on those stocks. |
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Oct 9 2013, 09:58 PM
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Senior Member
2,635 posts Joined: Jun 2011 From: bohtakchik
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my favourite is stareit... my best performer for 2 years
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Oct 9 2013, 10:00 PM
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Senior Member
3,459 posts Joined: Jan 2009
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QUOTE(jasontoh @ Oct 9 2013, 09:45 PM) Last time there are many stocks giving > 6% DY, but now very less....even then the REITS yield was like 8-10%. Can you give me some high yielding dividend stocks so that I can increase my holdings on high yielding div stocks? Well, I'm still a newbie, sort of. But I think maybank is 1 such stock. 4-5 year ago, price only RM3+ but now nearly RM10 - this gives a capital appreciation of over 20% pa. I saw in the maybank thread that it is giving like 5-6% yield.Take another blue chip stock, Nestle at about RM68 per share now. 5 yrs ago, just RM28 - also give an annual capital appreciation of about 20%. Div yield based on latest div payout also give over 3%. This post has been edited by topearn: Oct 9 2013, 10:02 PM |
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Oct 9 2013, 10:08 PM
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Senior Member
8,438 posts Joined: Nov 2005
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QUOTE(topearn @ Oct 9 2013, 10:00 PM) Well, I'm still a newbie, sort of. But I think maybank is 1 such stock. 4-5 year ago, price only RM3+ but now nearly RM10 - this gives a capital appreciation of over 20% pa. I saw in the maybank thread that it is giving like 5-6% yield. Well, my friend, here is the news. No one knows that Nestle will become >60 and Maybank will become RM10 few years back. All people are interested is the stable yield that the REITS can provide. If you track back, most REITS are actually giving you plenty of capital gain if you bought REITS few years back. Anyway, based on current price Nestle is giving about 3-4% DY, while REITS giving about 6-7%. If you want stable income, definitely REITS giving higher return; no doubt I will still get those blue chips, but for better DY, if you can name me a counter giving more than REITS, I'll really appreciate that. Thanks in advance.Take another blue chip stock, Nestle at about RM68 per share now. 5 yrs ago, just RM28 - also give an annual capital appreciation of about 20%. Div yield based on latest div payout also give over 3%. |
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Oct 9 2013, 10:12 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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I think maxis is also good dividend stock, but now the price is quite high. Every Qtr got 8c dividend
. Those bought in Jan2012 should be happy now |
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Oct 9 2013, 10:15 PM
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Senior Member
8,438 posts Joined: Nov 2005
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QUOTE(davinz18 @ Oct 9 2013, 10:12 PM) I think maxis is also good dividend stock, but now the price is quite high. Every Qtr got 8c dividend Those get IPO even more happy . Those bought in Jan2012 should be happy now |
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Oct 9 2013, 10:16 PM
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Senior Member
3,459 posts Joined: Jan 2009
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QUOTE(jasontoh @ Oct 9 2013, 10:08 PM) Well, my friend, here is the news. No one knows that Nestle will become >60 and Maybank will become RM10 few years back. All people are interested is the stable yield that the REITS can provide. If you track back, most REITS are actually giving you plenty of capital gain if you bought REITS few years back. Anyway, based on current price Nestle is giving about 3-4% DY, while REITS giving about 6-7%. If you want stable income, definitely REITS giving higher return; no doubt I will still get those blue chips, but for better DY, if you can name me a counter giving more than REITS, I'll really appreciate that. Thanks in advance. Thanks for your feedback which got me thinking U R right since REIT is really into the business of giving good dividend yields from thier rental income as that is their only business so they r experts in this area and rightly so will be able to generate excellent yields. On the capital appreciation side, would REIT shares has the 5 years historical data to check on thier appreciation rate ? |
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Oct 9 2013, 10:19 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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QUOTE(jasontoh @ Oct 9 2013, 10:15 PM) Those get IPO even more happy VERY HAPPY |
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Oct 9 2013, 10:24 PM
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Senior Member
8,438 posts Joined: Nov 2005
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QUOTE(topearn @ Oct 9 2013, 10:16 PM) Thanks for your feedback which got me thinking U R right since REIT is really into the business of giving good dividend yields from thier rental income as that is their only business so they r experts in this area and rightly so will be able to generate excellent yields. On the capital appreciation side, would REIT shares has the 5 years historical data to check on thier appreciation rate ? I don't really have the data; but I can tell you some REIT that I have been holding is giving me >50% capital appreciation. I do know that some veterans are enjoying few times the capital appreciation that I enjoyed. So, go figure. |
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Oct 9 2013, 10:27 PM
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Senior Member
3,459 posts Joined: Jan 2009
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QUOTE(jasontoh @ Oct 9 2013, 10:24 PM) I don't really have the data; but I can tell you some REIT that I have been holding is giving me >50% capital appreciation. I do know that some veterans are enjoying few times the capital appreciation that I enjoyed. So, go figure. Wow ! Maybe I'll take a peep at these REITs ! |
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Oct 10 2013, 02:01 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(topearn @ Oct 9 2013, 10:27 PM) Wow ! Maybe I'll take a peep at these REITs ! major criteria to pick your REIT: excellent management + excellent assets quality.as interest rate are likely to moderately increase in next few years, it's best to choose one with profit growth potential to protect capital depreciation. happy long term investing. This post has been edited by yok70: Oct 10 2013, 02:01 AM |
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Oct 10 2013, 08:26 AM
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Senior Member
3,459 posts Joined: Jan 2009
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QUOTE(yok70 @ Oct 10 2013, 02:01 AM) major criteria to pick your REIT: excellent management + excellent assets quality. Can U just give me 2 such stocks so I can take a look ? Thanks in advance.as interest rate are likely to moderately increase in next few years, it's best to choose one with profit growth potential to protect capital depreciation. happy long term investing. |
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Oct 10 2013, 08:31 AM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(topearn @ Oct 10 2013, 08:26 AM) Can U just give me 2 such stocks so I can take a look ? Thanks in advance. I share mine....axreits & sunwayreits |
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Oct 10 2013, 08:32 AM
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Senior Member
3,459 posts Joined: Jan 2009
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QUOTE(felixmask @ Oct 10 2013, 08:31 AM) I share mine....axreits & sunwayreits Thank you. Much appreciated. |
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Oct 10 2013, 08:39 AM
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Senior Member
2,702 posts Joined: Dec 2004 From: P8X-86A
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QUOTE(gark @ Oct 9 2013, 05:15 PM) There is no right way to count.. for REIt is based on MGS, MGS yield go up, fair value yield for REITs go up as well. I see which mean higher fair value more than 6% is not really a good REIT, correct me if I am wrong. |
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Oct 10 2013, 09:45 AM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(nightzstar @ Oct 10 2013, 08:39 AM) I see which mean higher fair value more than 6% is not really a good REIT, correct me if I am wrong. Well it depends on how much do you think the MGS can rise in the future, historically over the last 20 years average is 4.5=5.0%, now is 3.98%. I see 5% is the max in the future, means Class 1 Retail REIT yield need to be 100-150 bps above mgs, so that works out the be 6%-6.5%. Lower class REIT will tend to require higher 200-300 bps above MGS.This post has been edited by gark: Oct 10 2013, 09:45 AM |
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Oct 10 2013, 10:19 AM
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All Stars
24,455 posts Joined: Nov 2010
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QUOTE(topearn @ Oct 10 2013, 08:26 AM) Can U just give me 2 such stocks so I can take a look ? Thanks in advance. i have a no. of them.best peformer had been axreit. but at this time, i wud suggest u look at pavreit and sunreit if u hav an appetite for pot cap gains alto yields are relatively low now. for low chance of cap gains but fair n stable yields, uoa and arreit will fit. |
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Oct 10 2013, 10:28 AM
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All Stars
24,455 posts Joined: Nov 2010
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QUOTE(gark @ Oct 10 2013, 09:45 AM) Well it depends on how much do you think the MGS can rise in the future, historically over the last 20 years average is 4.5=5.0%, now is 3.98%. I see 5% is the max in the future, means Class 1 Retail REIT yield need to be 100-150 bps above mgs, so that works out the be 6%-6.5%. Lower class REIT will tend to require higher 200-300 bps above MGS. conventional 10 yr mgs is currently 3.72%, not as high as 2 months ago as us bond yields retreated.http://www.bnm.gov.my/index.php?tpl=govtsecuritiesyield but there seems to be a brewing problem -the recent bond issue, no foreign takers, all local, can assume epf doing bee-end service. if budget 2014 does not trim deficits and keep spending only, another downgrade or warning of downgrade, foreigners continue to shun these bonds, future issues will cost more, yields keep rising. immediate future, agree mgs won't cross 5% so quickly. so for now, "best quality reits", >5% is expected. check against the "safe" banks fd rate of 3.2-3.3% (drop from 3.6-3.7 a year ago), 5-6% reit yield is reasonable for me. This post has been edited by AVFAN: Oct 10 2013, 10:33 AM |
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Oct 10 2013, 01:45 PM
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Senior Member
2,702 posts Joined: Dec 2004 From: P8X-86A
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QUOTE(gark @ Oct 10 2013, 09:45 AM) Well it depends on how much do you think the MGS can rise in the future, historically over the last 20 years average is 4.5=5.0%, now is 3.98%. I see 5% is the max in the future, means Class 1 Retail REIT yield need to be 100-150 bps above mgs, so that works out the be 6%-6.5%. Lower class REIT will tend to require higher 200-300 bps above MGS. sorry i am kinda confused here, hope you don't mind, that fair value = yield or otherwise? which mean reit with fair value more than 6% should be avoided? |
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Oct 10 2013, 01:50 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(nightzstar @ Oct 10 2013, 01:45 PM) sorry i am kinda confused here, hope you don't mind, that fair value = yield or otherwise? which mean reit with fair value more than 6% should be avoided? No.. different class of REIT have different growth & risk. More stable, higher growth and lower risk REIT will have the lowest yield and vice versa....This post has been edited by gark: Oct 10 2013, 01:50 PM |
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Oct 10 2013, 02:00 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(yok70 @ Oct 10 2013, 02:01 AM) major criteria to pick your REIT: excellent management + excellent assets quality. I am not agreed on that part, as I do not see interest rate to go up for near to mid term if current economy situation remain roughly the same and has no major change. as interest rate are likely to moderately increase in next few years, it's best to choose one with profit growth potential to protect capital depreciation. happy long term investing. Bond yield may be normalising back to its normal day, but it doesn't pressure central bank to raise rate. |
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Oct 10 2013, 02:51 PM
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Senior Member
2,702 posts Joined: Dec 2004 From: P8X-86A
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QUOTE(gark @ Oct 10 2013, 01:50 PM) No.. different class of REIT have different growth & risk. More stable, higher growth and lower risk REIT will have the lowest yield and vice versa.... ah i see, i got it thks teacher, i am kinda slow in catching up lol. need to learn more from you guys.This post has been edited by nightzstar: Oct 10 2013, 02:51 PM |
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Oct 10 2013, 05:01 PM
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Senior Member
9,361 posts Joined: Aug 2010
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QUOTE(cherroy @ Oct 10 2013, 03:00 PM) I am not agreed on that part, as I do not see interest rate to go up for near to mid term if current economy situation remain roughly the same and has no major change. Agreed, in similar contex, taperin does not mean interest rate increase. 2 separate and different events here !Bond yield may be normalising back to its normal day, but it doesn't pressure central bank to raise rate. |
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Oct 10 2013, 05:33 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(Hansel @ Oct 10 2013, 05:01 PM) Agreed, in similar contex, taperin does not mean interest rate increase. 2 separate and different events here ! However... tapering affects bond yields, and bond yields affect REIT yield....Interest rate not going up, but that does not mean bond yield not going up... |
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Oct 10 2013, 05:36 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(gark @ Oct 10 2013, 05:33 PM) However... tapering affects bond yields, and bond yields affect REIT yield.... Yes, this I agreed.Interest rate not going up, but that does not mean bond yield not going up... But bond yield just normalise back what it should be before the start of QE3. Bond yield rising doesn't must mean interest rate going up. Many people confuse on this part. |
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Oct 10 2013, 05:44 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(cherroy @ Oct 10 2013, 05:36 PM) Yes, this I agreed. Normalized bond yield for MGS should be about 4.5% to 5%. Means still got 50-100 bps to go...But bond yield just normalise back what it should be before the start of QE3. Bond yield rising doesn't must mean interest rate going up. Many people confuse on this part. But bond yield and interest rate spread too big also not sustainable in long term. Market forces will push to close the gap as actual capital raising cost will be increased with bond yield... This post has been edited by gark: Oct 10 2013, 05:44 PM |
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Oct 10 2013, 08:24 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(cherroy @ Oct 10 2013, 05:36 PM) Yes, this I agreed. I still think world economy is improving although at slow pace. Especially China and US. China is on right track to rationalize its growth pace, it's a bravo job so far. But bond yield just normalise back what it should be before the start of QE3. Bond yield rising doesn't must mean interest rate going up. Many people confuse on this part. Our gomen is cutting subsidize, this should be a continue effort in next few years. Inflation rising is just a matter of time and the speed of increment. To add the above two points, I still think interest rate will increase in future years in moderate pace. However, a big uncertainty is various countries QE effect. Nobody know what could happen after US and Japan etc. completely stopped their QE exercise. |
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Oct 10 2013, 08:26 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(gark @ Oct 10 2013, 05:44 PM) Normalized bond yield for MGS should be about 4.5% to 5%. Means still got 50-100 bps to go... 100 bps to 4.5% (worst case scenario) is 22%. Meaning to neutralize capital depreciation on REITs, a 22% profit growth is expected by the time bond yield reaches that normalized level. |
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Oct 10 2013, 09:24 PM
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Senior Member
10,001 posts Joined: May 2013
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1 forumer mentioned that BNM will increase the BLR by 0.50%
Any1 hear anything? |
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Oct 10 2013, 09:29 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(gark @ Oct 10 2013, 05:44 PM) Normalized bond yield for MGS should be about 4.5% to 5%. Means still got 50-100 bps to go... Bond yield 4~5% vs interest rate of 3%, seems about right.But bond yield and interest rate spread too big also not sustainable in long term. Market forces will push to close the gap as actual capital raising cost will be increased with bond yield... Bond yield should be a notch higher than interest. When QE3 was flooding the market with money, some corporate bond yield only 4~4.5%, how can taking risk of default that investors only get extra 1% as compared with FD. QUOTE(yok70 @ Oct 10 2013, 08:24 PM) I still think world economy is improving although at slow pace. Especially China and US. China is on right track to rationalize its growth pace, it's a bravo job so far. Most central banks nowadays opt for growth instead of taming inflation rate.Our gomen is cutting subsidize, this should be a continue effort in next few years. Inflation rising is just a matter of time and the speed of increment. To add the above two points, I still think interest rate will increase in future years in moderate pace. However, a big uncertainty is various countries QE effect. Nobody know what could happen after US and Japan etc. completely stopped their QE exercise. In fact, many already getting negative real interest rate, but central banks seems doesn't bother much. While many target to have inflation. Locally, although inflation is always a big threat, slow economy may be more in the mind of BNM. Raising rate to control inflation only effective when you have inflation that is demand pull, aka huge demand that pushing price to go up. In this situation, raising rate can tame the demand eventually dented the inflation. But currently we have cost pushing factor inflation, that raising rate won't have much effect to tame the inflation. Oil price, flour price won't be dropping or stop rising, even though BNM raise OPR to 10%. While raising rate can send the already slowing economy into stall speed, which if situation become worst, open the can of worm NPL, as household debt level is at concern level already. Just my 2 cents. |
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Oct 10 2013, 09:30 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(wil-i-am @ Oct 10 2013, 09:24 PM) 1 forumer mentioned that BNM will increase the BLR by 0.50% some IBs estimated that.Any1 hear anything? only becomes realistic when it happens. last year, also got IBs estimate 2013 will up interest rate, but so far nothing happen as they now busy downgrading their previous GDP forecast. This post has been edited by yok70: Oct 10 2013, 09:34 PM |
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Oct 10 2013, 09:31 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(wil-i-am @ Oct 10 2013, 09:24 PM) 1 forumer mentioned that BNM will increase the BLR by 0.50% The forumer has first hand info and knew even before Tan Sri Zeti.......? Any1 hear anything? |
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Oct 10 2013, 10:11 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(yok70 @ Oct 10 2013, 08:26 PM) 100 bps to 4.5% (worst case scenario) is 22%. Meaning to neutralize capital depreciation on REITs, a 22% profit growth is expected by the time bond yield reaches that normalized level. Bond yield to normalize usually take 1 to 2 years. Can a reit get 22% growth in that time frame? That is why reits is currently on selldown.. |
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Oct 10 2013, 10:26 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(gark @ Oct 10 2013, 10:11 PM) Bond yield to normalize usually take 1 to 2 years. Can a reit get 22% growth in that time frame? That is why reits is currently on selldown.. Reit was riding too high previously, a correction is imminent. Reit shouldn't be getting capital appreciation like equities.Sell down is good, at least give option to investor what to invest. Not like previously, reit yield so low, dividend stock yield also low, equities high PER, bond yield so slow, don't know what to invest. |
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Oct 10 2013, 10:36 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(cherroy @ Oct 10 2013, 10:26 PM) Reit was riding too high previously, a correction is imminent. Reit shouldn't be getting capital appreciation like equities. You are absolutely correct, but its good performance over the past few years have convinced many people reit is no or low risk. They should be aware that reits tend to rise like bonds during good times but fall like equities during bad times.Sell down is good, at least give option to investor what to invest. Not like previously, reit yield so low, dividend stock yield also low, equities high PER, bond yield so slow, don't know what to invest. |
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Oct 10 2013, 11:16 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(cherroy @ Oct 10 2013, 10:26 PM) Reit was riding too high previously, a correction is imminent. Reit shouldn't be getting capital appreciation like equities. the question now is, how many people dare to touch REITs now after watching its scary sell down recently? they may still keep their cash in FD exactly the same when REIT's yield too low that time.Sell down is good, at least give option to investor what to invest. Not like previously, reit yield so low, dividend stock yield also low, equities high PER, bond yield so slow, don't know what to invest. like what u like to say, the story always repeats itself. very few people able to make profit in investment in long term. This post has been edited by yok70: Oct 10 2013, 11:17 PM |
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Oct 11 2013, 07:42 AM
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Senior Member
2,702 posts Joined: Dec 2004 From: P8X-86A
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QUOTE(yok70 @ Oct 10 2013, 11:16 PM) the question now is, how many people dare to touch REITs now after watching its scary sell down recently? they may still keep their cash in FD exactly the same when REIT's yield too low that time. thought we aim for dividend accumulation? like what u like to say, the story always repeats itself. very few people able to make profit in investment in long term. |
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Oct 11 2013, 11:42 AM
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Senior Member
1,552 posts Joined: Feb 2013
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Surprisingly, after watching the Reit prices since 2 mths ago...
Seems like got people slowly accumulating. I might be wrong. Any master shifu can gimme a reasonable point why there is accumulation at the moment? i don't know who accumulate. But I see the buy more than sell this few weeks. |
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Oct 18 2013, 02:24 PM
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Junior Member
129 posts Joined: Dec 2012 From: Ampang
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Actually, what's wrong with starhill reits, it has the highest yield yet not much of buying interest. May I know why?
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Oct 18 2013, 03:15 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(nightzstar @ Oct 11 2013, 07:42 AM) thought we aim for dividend accumulation? YES...Like buying in small scale size to collect Propertly rental. |
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Oct 18 2013, 03:16 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(ShinG3e @ Oct 11 2013, 11:42 AM) Surprisingly, after watching the Reit prices since 2 mths ago... Yes i still collecting when i have save from spare money.Seems like got people slowly accumulating. I might be wrong. Any master shifu can gimme a reasonable point why there is accumulation at the moment? i don't know who accumulate. But I see the buy more than sell this few weeks. |
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Oct 18 2013, 03:22 PM
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Senior Member
1,552 posts Joined: Feb 2013
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QUOTE(felixmask @ Oct 18 2013, 03:16 PM) Yes i still collecting when i have save from spare money. so you're one of them. good good. |
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Oct 18 2013, 03:26 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(Agent 592 @ Oct 18 2013, 02:24 PM) Actually, what's wrong with starhill reits, it has the highest yield yet not much of buying interest. May I know why? Starhill REIT plans to raise up to RM800milStarhill 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) |
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Oct 18 2013, 03:27 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(ShinG3e @ Oct 18 2013, 03:22 PM) so you're one of them. not so frequent - maybe need wait 1-3 my bullet only can fire one reits. good good. |
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Oct 18 2013, 03:31 PM
Show posts by this member only | IPv6 | Post
#230
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Senior Member
3,815 posts Joined: Feb 2012
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QUOTE(felixmask @ Oct 18 2013, 03:26 PM) Starhill REIT plans to raise up to RM800mil dilution 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)  STAREIT is one of the worst performing counter in my portfolio... 扶不起的太子 |
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Oct 18 2013, 03:35 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(river.sand @ Oct 18 2013, 03:31 PM) dilution how come...i also hv long long time ago before i sold arnd 0.95 sen...now still rm1.03 STAREIT is one of the worst performing counter in my portfolio... 扶不起的太子 only not performing. I dunnow chinese can translate. |
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Oct 18 2013, 03:39 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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What's the current status of Stareit share placement exercise? Anyone
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Oct 18 2013, 03:45 PM
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Senior Member
2,677 posts Joined: Dec 2010
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QUOTE(river.sand @ Oct 18 2013, 03:31 PM) dilution Another victim of Stareit here. STAREIT is one of the worst performing counter in my portfolio... 扶不起的太子  |
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Oct 18 2013, 03:48 PM
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Senior Member
1,552 posts Joined: Feb 2013
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QUOTE(felixmask @ Oct 18 2013, 03:27 PM) not so frequent - maybe need wait 1-3 my bullet only can fire one reits. all the best mate.been following on your post as silent observer. accumulating arreit btw. |
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Oct 18 2013, 03:55 PM
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Senior Member
10,001 posts Joined: May 2013
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Stareit @ 1.02/1.03 now
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Oct 18 2013, 05:31 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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world bond market seems coming back....US economy flat, not as encouraging as some expected, which means tapering may delay further....
after oct 25th budget, i expect malaysia bond also will come back... if my expectation was correct, then reit may come back....valuation shouldn't be as high as before, but may see moderate recovery for those reporting improve earnings.... just my wild guess, pls judge your own. |
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Oct 18 2013, 05:59 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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QUOTE(yok70 @ Oct 18 2013, 05:31 PM) world bond market seems coming back....US economy flat, not as encouraging as some expected, which means tapering may delay further.... So the conclusion is Reits makes comeback but with not so rich valuation like previously? Correct? after oct 25th budget, i expect malaysia bond also will come back... if my expectation was correct, then reit may come back....valuation shouldn't be as high as before, but may see moderate recovery for those reporting improve earnings.... just my wild guess, pls judge your own. |
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Oct 18 2013, 10:31 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(davinz18 @ Oct 18 2013, 05:59 PM) So the conclusion is Reits makes comeback but with not so rich valuation like previously? Correct? Just wild guess, I also scare of REITs now. Ya, I mean, previous high valuation period, net yield was compressed to 4-4.5% for REITs with best assets quality. And now, they are 5-5.5%. I bet if those REITs that able to increase income by 5-8% ahead, got a chance to stay at valuation at 5-5.5% net yield, which gives room for some capital gain. |
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Oct 18 2013, 10:36 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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QUOTE(yok70 @ Oct 18 2013, 10:31 PM) Just wild guess, I also scare of REITs now. If can increased to 6% net yield & also increased income by 10%++ much more better Ya, I mean, previous high valuation period, net yield was compressed to 4-4.5% for REITs with best assets quality. And now, they are 5-5.5%. I bet if those REITs that able to increase income by 5-8% ahead, got a chance to stay at valuation at 5-5.5% net yield, which gives room for some capital gain. |
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Oct 18 2013, 11:05 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(davinz18 @ Oct 18 2013, 10:36 PM) If can increased to 6% net yield & also increased income by 10%++ much more better that would be jewel of REIT. hektar has been above 6% net all the time, but investors worry on its assets quality (less popular malls at less popular location). sunreit may see good earning jump in 1.5-2 yrs time after Putra Mall reopen. igbreit and pavreit continues organic growth by re-arrangement of its rental space smartly. Garden Mall's visitors are obviously increasing in past 1+ year, rental increment is hopeful. Pavreit has low gearing, it's good for future acquisition on Pavilion extension. Excellent Axreit management team, but I sold all between 3.30-3.75 since yield compressed below my like. Plan to re-enter at 3.10 but still can't get. It's lack of foreign holdings I guess, so not enough selling pressure. |
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Oct 18 2013, 11:12 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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QUOTE(yok70 @ Oct 18 2013, 11:05 PM) that would be jewel of REIT. Good review hektar has been above 6% net all the time, but investors worry on its assets quality (less popular malls at less popular location). sunreit may see good earning jump in 1.5-2 yrs time after Putra Mall reopen. igbreit and pavreit continues organic growth by re-arrangement of its rental space smartly. Garden Mall's visitors are obviously increasing in past 1+ year, rental increment is hopeful. Pavreit has low gearing, it's good for future acquisition on Pavilion extension. Excellent Axreit management team, but I sold all between 3.30-3.75 since yield compressed below my like. Plan to re-enter at 3.10 but still can't get. It's lack of foreign holdings I guess, so not enough selling pressure. I may give a look at it when got time |
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Oct 18 2013, 11:16 PM
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(davinz18 @ Oct 18 2013, 11:12 PM) Good review Time dun wait for u I may give a look at it when got time Better act fast if match yo risk profile |
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Oct 18 2013, 11:23 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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QUOTE(wil-i-am @ Oct 18 2013, 11:16 PM) Time dun wait for u okay bro Better act fast if match yo risk profile |
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Oct 19 2013, 09:40 AM
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Junior Member
162 posts Joined: Jun 2012
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Victim of stareit too, how's arreit? The price went up from below 1.00 to nw 1.03, good to stock up? I'm interested coz div is 4times a year
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Oct 19 2013, 07:38 PM
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Senior Member
10,001 posts Joined: May 2013
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In terms of price/NAV, AHP trades at highest discount
Can invest? |
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Oct 19 2013, 08:36 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(Rich_Lim @ Oct 19 2013, 09:40 AM) Victim of stareit too, how's arreit? The price went up from below 1.00 to nw 1.03, good to stock up? I'm interested coz div is 4times a year why say victim of stareit? this one exercise details still all unclear. this is a good example of a stock not covered by any IB, so no expert help us to dig info. And we all minority shareholders lazy to attend AGM to ask question. if earnings raise, i don't mind stareit share price not move, i just collect more and more dividend loh. i've no confident on arreit management. Their performance in past few years is disappointing. I won't buy this reit even if yield is high. please judge your own, just my view. |
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Oct 19 2013, 10:16 PM
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Junior Member
162 posts Joined: Jun 2012
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Arreit seems plateau to me actually but like I said it's the payout that attract my attention... Either collect more amfirst or other than REIT will be my nx move
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Oct 19 2013, 10:33 PM
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Senior Member
2,406 posts Joined: Jul 2010 From: bandar Sunway
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starreit like ''lifeless'' compared to other retail/office REIT.maybe its nature of hotel REIT
not going up or not going down it seems.the good thing is the still stable dividend |
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Oct 20 2013, 01:18 AM
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Senior Member
3,969 posts Joined: Nov 2007
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QUOTE(davinz18 @ Oct 18 2013, 03:39 PM) What's the current status of Stareit share placement exercise? Anyone i also got some.. duno what will happen.. |
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Oct 20 2013, 08:57 AM
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Junior Member
162 posts Joined: Jun 2012
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Share placement? Mind elaborate further? Thanks
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Oct 20 2013, 10:01 AM
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(pisces88 @ Oct 20 2013, 01:18 AM) i also got some.. duno what will happen.. Yo current holdings will b diluted |
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Oct 20 2013, 10:02 AM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(Rich_Lim @ Oct 20 2013, 08:57 AM) Share placement? Mind elaborate further? Thanks Page 8 Starreit Annual report http://www.bursamalaysia.com/market/listed...cements/1389537On 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 |
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Oct 20 2013, 10:40 AM
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Junior Member
162 posts Joined: Jun 2012
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QUOTE(felixmask @ Oct 20 2013, 10:02 AM) Page 8 Starreit Annual report http://www.bursamalaysia.com/market/listed...cements/1389537 Thanks Felix 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 Thought there's another round of this within this year, my units gonna gone yea notice this lately from former here too |
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Oct 20 2013, 10:44 AM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(Rich_Lim @ Oct 20 2013, 10:40 AM) Thanks Felix 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. Thought there's another round of this within this year, my units gonna gone yea notice this lately from former here too |
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Oct 20 2013, 04:17 PM
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All Stars
23,851 posts Joined: Dec 2006
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QUOTE(felixmask @ Oct 20 2013, 10:44 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. I think it might be better to park money in those reits having some transparency aka full disclose kinda reports ...One I like is Sunreit ..updating investors on and off on thier " The Malls " they acquired and how long it is going to take before yield sets , so u do not have to make so many " calculative risks"Francis is kinda Apple maps , at times showing a diff direction than what u think what they intend to do , and also at the dispense of ikan bilis..........at times Not saying it applies to new comers , hard time for seniors to do the " guesstimate " on their directions as well. Just another 2sen opinion...... This post has been edited by SKY 1809: Oct 20 2013, 04:19 PM |
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Oct 20 2013, 04:18 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(SKY 1809 @ Oct 20 2013, 04:17 PM) I think it is better to park in reits having full and transparency kinda reports ...One I like is Sunreit ..upadating investors on The Malls they acquired and how long it is going to take before yield sets , so u do not have to make so many " calculative risks" that why i buy my wife sunreits....their report nice..to read.Francis is kinda Apple maps , at times showing a diff direction than what u think what they intend to do , and also at the dispense of ikan bilis..........at times Not saying it applies to new comers , hard time for seniors to do the " guesstimate " on their directions as well. Just another 2sen opinion...... |
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Oct 20 2013, 04:23 PM
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All Stars
23,851 posts Joined: Dec 2006
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QUOTE(felixmask @ Oct 20 2013, 04:18 PM) that why i buy my wife sunreits....their report nice..to read. Ya, Think like a boss of the company , if u do not like the management , sell and dump their shares , and not just any ordinary ikan bilis.......subject to bullies....Good luck always... |
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Oct 20 2013, 09:44 PM
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Junior Member
162 posts Joined: Jun 2012
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Yea considering selling them and target others.. Although the yield it high but..
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Oct 21 2013, 06:18 PM
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Senior Member
10,001 posts Joined: May 2013
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AmanahRaya Real Estate Investment Trust (“ARREIT”)
- Proposed Acquisition by CIMB Islamic Trustee Berhad, the Trustee of ARREIT of Precico Factory for a cash consideration of RM39,186,786.00(“Proposed Acquisition”) http://www.bursamalaysia.com/market/listed...cements/1438821 |
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Oct 21 2013, 06:20 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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AXIS REAL ESTATE INVESTMENT TRUST
Third Interim Income Distribution of 4.70 sen per unit (of which 4.65 sen per unit is taxable and 0.05 sen per unit is non-taxable in the hands of unitholders) EX-date 01/11/2013 Entitlement date 06/11/2013 Payment date 13/12/2013 This post has been edited by davinz18: Oct 21 2013, 06:20 PM |
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Oct 21 2013, 06:37 PM
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Senior Member
10,001 posts Joined: May 2013
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FINANCIAL PERFORMANCE FOR THE THIRD QUARTER ENDED 30 SEPTEMBER 2013
http://www.bursamalaysia.com/market/listed...cements/1438877 |
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Oct 22 2013, 12:25 AM
Show posts by this member only | IPv6 | Post
#262
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Senior Member
789 posts Joined: Feb 2011
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IGBreit profit and others look good, but why it's share price still so low?
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Oct 22 2013, 04:17 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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Alliance upgrades Axis REIT
Alliance Research Sdn Bhd has raised its target price (TP) for Axis Real Estate Investment Trust (Axis REIT) to RM3.77 from RM3.75. The upgrade came after Axis REIT reported third quarter financials which came in within market forecast In a note today, Alliance analyst Ian Wan said the higher TP comes with an unchanged "buy" call and earnings forecast for Axis REIT. "Based on the last closing price of RM3.40, Axis REIT is trading at a yield of 6.1% and 6.3% for FY14 and FY15 respectively. We deem this valuation attractive as we believe Axis REIT’s earnings are rather resilient, given that most of its properties are occupied by multinationals and local listed companies with long-term tenancy agreements. "Apart from that, we like Axis REIT as one of the prime beneficiaries to the booming Iskandar Malaysia, as the REIT plans to increase its exposure in the region once its promoters’ 125-acre industrial park development, i-Park is completed in 2015," Wan said. Yesterday, Axis REIT said net profit rose 90% to RM36.67 million in the quarter ended September 30, 2013 (3QFY13) from RM19.31 million a year earlier. Revenue was higher at RM35.31 million compared to RM32.8 million. |
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Oct 22 2013, 04:51 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(500Kmission @ Oct 22 2013, 12:25 AM) IGBreit profit and others look good, but why it's share price still so low? blame MGS coupon rate which juz below 100 -200 point lower than IGB reitsShark 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 |
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Oct 22 2013, 10:21 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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US 10-yr bond falls to 2.5x% now.
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Oct 22 2013, 10:26 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(yok70 @ Oct 22 2013, 10:21 PM) US 10-yr bond falls to 2.5x% now. bond yield fall..translate reits price go up...becoz investor shift taking risk to reits...rather holding bond.Attached thumbnail(s) 
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Oct 22 2013, 10:31 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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QUOTE(felixmask @ Oct 22 2013, 10:26 PM) bond yield fall..translate reits price go up...becoz investor shift taking risk to reits...rather holding bond. very2 good like this |
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Oct 22 2013, 10:33 PM
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All Stars
21,311 posts Joined: Jan 2003 From: Kuala Lumpur
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Let's see if the Foreign funds will flow back to our Retail REITs in the short term.
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Oct 22 2013, 10:39 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(davinz18 @ Oct 22 2013, 10:31 PM) very2 good like this 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) 
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Oct 22 2013, 10:41 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(felixmask @ Oct 22 2013, 10:26 PM) bond yield fall..translate reits price go up...becoz investor shift taking risk to reits...rather holding bond. I bet those who sold bonds massively when tapering talk that time are now holding too much cash with nothing much to do with it (in US and developed countries, interest rate is practically 0). With a hope for stronger USD for delaying tapering, so buy US bond. We need a "rating agencies favor" budget on Oct 25 to attract FF back into our bond market. Only then can benefit M-REIT. |
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Oct 22 2013, 10:43 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(felixmask @ Oct 22 2013, 10:39 PM) bond yield break 2.40..will be reits bullish time....meanz time to wait ... I wish the stabilize level is 2.00-2.20 by end-2014. 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 yok70: Oct 22 2013, 10:43 PM |
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Oct 22 2013, 10:43 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(yok70 @ Oct 22 2013, 10:41 PM) I bet those who sold bonds massively when tapering talk that time are now holding too much cash with nothing much to do with it (in US and developed countries, interest rate is practically 0). With a hope for stronger USD for delaying tapering, so buy US bond. 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 .We need a "rating agencies favor" budget on Oct 25 to attract FF back into our bond market. Only then can benefit M-REIT. |
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Oct 22 2013, 10:44 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(felixmask @ Oct 22 2013, 10:43 PM) 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 . Indo fund...just follow sifu Gark's call will do. |
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Oct 22 2013, 10:46 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(yok70 @ Oct 22 2013, 10:44 PM) Indo fund...just follow sifu Gark's call will do. yes..true...he jump i jump |
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Oct 22 2013, 10:52 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(felixmask @ Oct 22 2013, 10:26 PM) bond yield fall..translate reits price go up...becoz investor shift taking risk to reits...rather holding bond. However much it fall it will not reach the level we seen before, the golden age of reit is over for the next few years.... |
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Oct 22 2013, 10:55 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(gark @ Oct 22 2013, 10:52 PM) However much it fall it will not reach the level we seen before, the golden age of reit is over for the next few years.... 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 |
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Oct 22 2013, 10:57 PM
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All Stars
21,311 posts Joined: Jan 2003 From: Kuala Lumpur
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QUOTE(gark @ Oct 22 2013, 10:52 PM) However much it fall it will not reach the level we seen before, the golden age of reit is over for the next few years.... What level must Bond fall to ? |
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Oct 22 2013, 11:16 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(gark @ Oct 22 2013, 10:52 PM) However much it fall it will not reach the level we seen before, the golden age of reit is over for the next few years.... no need golden age anymore, just give me steady 5% gain will do. (5% capital gain + 5% div = 10% profit) |
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Oct 22 2013, 11:20 PM
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Senior Member
2,677 posts Joined: Dec 2010
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QUOTE(yok70 @ Oct 22 2013, 11:16 PM) no need golden age anymore, just give me steady 5% gain will do. (5% capital gain + 5% div = 10% profit) I also not greedy. |
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Oct 22 2013, 11:21 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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QUOTE(felixmask @ Oct 22 2013, 10:39 PM) bond yield break 2.40..will be reits bullish time....meanz time to wait ... should be correct. 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. sorry I don't know much about tis bond yield thing |
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Oct 23 2013, 07:58 AM
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Senior Member
4,174 posts Joined: Dec 2008 
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QUOTE(CP88 @ Oct 22 2013, 11:20 PM) I also not greedy. 5% CAPITAL GAIN.. only if sell. If not, only VIEW 5% GAIN. Best is to find ways to increase DIVIDEND so, money can grow faster. |
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Oct 23 2013, 01:06 PM
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Senior Member
2,677 posts Joined: Dec 2010
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QUOTE(elea88 @ Oct 23 2013, 07:58 AM) 5% CAPITAL GAIN.. only if sell. If not, only VIEW 5% GAIN. Do share here with us if you found any ways gems on high divvy or ways on increasing it! Best is to find ways to increase DIVIDEND so, money can grow faster. |
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Oct 23 2013, 01:45 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(ronnie @ Oct 22 2013, 10:57 PM) What level must Bond fall to ? During Peak period of REIT, 10Y MGS is just trading slightly below 3%... no it is still about 3.7-3.8% so another 20% to go... |
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Oct 23 2013, 01:47 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia....
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QUOTE(yok70 @ Oct 22 2013, 11:16 PM) no need golden age anymore, just give me steady 5% gain will do. (5% capital gain + 5% div = 10% profit) 5% dividend.. no problem... 5% capital gain... not so sure if it is sustainable. |
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Oct 23 2013, 02:27 PM
Show posts by this member only | IPv6 | Post
#285
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Senior Member
3,815 posts Joined: Feb 2012
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QUOTE(gark @ Oct 22 2013, 10:52 PM) However much it fall it will not reach the level we seen before, the golden age of reit is over for the next few years.... So I missed the boat? Should I sell the REITs I bought in the last 1 year?Stareit - I still records capital loss |
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Oct 23 2013, 04:08 PM
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All Stars
24,455 posts Joined: Nov 2010
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i see myreits at this time just sideways or edging a touch lower.
as few foreign funds are buying mgs or reits, the yields or prices will neither fly nor dive, just hang around, boring... no interest to buy more myreits but adding to sgreits! This post has been edited by AVFAN: Oct 23 2013, 04:14 PM |
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Oct 23 2013, 04:17 PM
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Senior Member
2,677 posts Joined: Dec 2010
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QUOTE(river.sand @ Oct 23 2013, 02:27 PM) So I missed the boat? Should I sell the REITs I bought in the last 1 year? My Stareit still in RED! Stareit - I still records capital loss |
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Oct 23 2013, 05:28 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(gark @ Oct 23 2013, 01:45 PM) During Peak period of REIT, 10Y MGS is just trading slightly below 3%... no it is still about 3.7-3.8% so another 20% to go... if can reach 3%, we huat loh! but i no expect for that lah. just wish 10yr MGS at 3.5%, reit's income increase by average 5% pa for the next 5 years. After that, if stay flat, i keep. If drop, can start selling and move to other investments. |
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Oct 23 2013, 05:31 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(river.sand @ Oct 23 2013, 02:27 PM) So I missed the boat? Should I sell the REITs I bought in the last 1 year? sell now seems a little late as you are still in paper loss.Stareit - I still records capital loss just close eyes and receive dividend. if 1 yr gives you 5%, 2 yrs gives 10% already. should be more than cover your paper loss right? and if you are lucky, after 2 years, maybe paper gain already. |
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Oct 23 2013, 07:58 PM
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Junior Member
162 posts Joined: Jun 2012
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Mine too and it plunges right after my bullets went in.... Like others said, waitin for div to compensate bk a little
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Oct 23 2013, 08:00 PM
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Senior Member
2,677 posts Joined: Dec 2010
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QUOTE(yok70 @ Oct 23 2013, 05:31 PM) sell now seems a little late as you are still in paper loss. Yokkie,just close eyes and receive dividend. if 1 yr gives you 5%, 2 yrs gives 10% already. should be more than cover your paper loss right? and if you are lucky, after 2 years, maybe paper gain already. R u still in accumulation mode/ or trimming mode for your REITS? |
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Oct 23 2013, 08:26 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(CP88 @ Oct 23 2013, 08:00 PM) Yokkie, "stop mode" for now. feel comfortable at currently around 30% on REIT with net yield 5.2-6.6% at current market price. If REIT rally, I may continue to cut more holdings on REITs with lower growth potential. R u still in accumulation mode/ or trimming mode for your REITS? today just grabbed a little bit more Pavreit. today 10-yr MGS yield dropped sharply to 3.65, inline with yesterday's US 10-yr bond's yield sharp drop. Hopefully can reach 3.2-3.3%. |
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Oct 24 2013, 12:23 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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US 10-yr bond yield 2.4x already....
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Oct 24 2013, 12:45 AM
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Senior Member
16,872 posts Joined: Jun 2011
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QUOTE(yok70 @ Oct 24 2013, 12:23 AM) US 10-yr bond yield 2.4x already.... Today MREITs still weak/quiet...expect some action tmrw? |
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Oct 24 2013, 01:03 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(Pink Spider @ Oct 24 2013, 12:45 AM) Today MREITs still weak/quiet...expect some action tmrw? not care tomorrow. care next week, next month, even next year. |
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Oct 24 2013, 09:03 AM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(yok70 @ Oct 24 2013, 12:23 AM) US 10-yr bond yield 2.4x already.... 2.4%, when is MGS will drop..This post has been edited by felixmask: Oct 24 2013, 09:04 AM |
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Oct 24 2013, 09:29 AM
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Senior Member
4,174 posts Joined: Dec 2008
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QUOTE(river.sand @ Oct 23 2013, 02:27 PM) So I missed the boat? Should I sell the REITs I bought in the last 1 year? just keep for the DIVIDEND. slowly but surely. Stareit - I still records capital loss Anyway, the main objective in collecting REITS is for the dividend Unless its a big amount and you want to cost in OPPORTUNITY COST... |
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Oct 24 2013, 09:32 AM
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Senior Member
16,872 posts Joined: Jun 2011
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QUOTE(elea88 @ Oct 24 2013, 09:29 AM) just keep for the DIVIDEND. slowly but surely. Yes.Anyway, the main objective in collecting REITS is for the dividend Unless its a big amount and you want to cost in OPPORTUNITY COST... With any investment decisions, just think along this line... "DO U HAVE OTHER BETTER ALTERNATIVES?" If have, exit/shift If dun have, hold, dun give a damn about paper gains/losses This post has been edited by Pink Spider: Oct 24 2013, 09:33 AM |
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Oct 24 2013, 02:58 PM
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Junior Member
20 posts Joined: Oct 2013
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i'm thinking to buy more. which will u choose between sunreits, igbreits or hektar? at the moment i have igbreits at higher price.
thanks sifu. |
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Oct 24 2013, 03:26 PM
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All Stars
21,311 posts Joined: Jan 2003 From: Kuala Lumpur
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QUOTE(min89 @ Oct 24 2013, 02:58 PM) i'm thinking to buy more. which will u choose between sunreits, igbreits or hektar? at the moment i have igbreits at higher price. Buy more IGBREIT to average downthanks sifu. |
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Oct 24 2013, 03:33 PM
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Senior Member
1,057 posts Joined: Oct 2011
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QUOTE(min89 @ Oct 24 2013, 02:58 PM) i'm thinking to buy more. which will u choose between sunreits, igbreits or hektar? at the moment i have igbreits at higher price. IGB thanks sifu. |
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Oct 24 2013, 03:43 PM
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Junior Member
20 posts Joined: Oct 2013
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QUOTE(ronnie @ Oct 24 2013, 03:26 PM) Buy more IGBREIT to average down QUOTE(kyle_kl @ Oct 24 2013, 03:33 PM) IGB trying to fish below rm1.20. |
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Oct 24 2013, 05:29 PM
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Senior Member
2,406 posts Joined: Jul 2010 From: bandar Sunway
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Atrium REIT
Third interim income distribution of 2.20 sen per unit in respect of the three months period from 1 July 2013 to 30 September 2013 ex date 7 november entitlement 11 november payment 29 november |
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Oct 24 2013, 05:41 PM
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Senior Member
10,001 posts Joined: May 2013
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CMMT’s 3Q 2013 distribution per unit up 6.1% year-on-year
http://www.bursamalaysia.com/market/listed...cements/1441873 |
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Oct 24 2013, 05:42 PM
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Senior Member
10,001 posts Joined: May 2013
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Quarterly rpt on consolidated results for the financial period ended 30/9/2013
IGB REAL ESTATE INVESTMENT TRUST http://www.bursamalaysia.com/market/listed...cements/1441973 |
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Oct 24 2013, 05:43 PM
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Senior Member
10,001 posts Joined: May 2013
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Quarterly rpt on consolidated results for the financial period ended 30/9/2013
CAPITAMALLS MALAYSIA TRUST http://www.bursamalaysia.com/market/listed...cements/1441861 |
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Oct 24 2013, 05:44 PM
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Senior Member
10,001 posts Joined: May 2013
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Quarterly rpt on consolidated results for the financial period ended 30/9/2013
ATRIUM REAL ESTATE INVESTMENT TRUST http://www.bursamalaysia.com/market/listed...cements/1441865 |
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Oct 24 2013, 05:48 PM
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Senior Member
10,001 posts Joined: May 2013
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Description Quill Capita Trust : Date of release of unaudited financial results for the third quarter ended 30 September 2013
Quill Capita Management Sdn Bhd, the manager of Quill Capita Trust (QCT), is pleased to announce that it will release the unaudited financial results of QCT for the third quarter ended 30 September 2013 , or or about 7 November 2013. |
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Oct 24 2013, 06:33 PM
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Senior Member
1,552 posts Joined: Feb 2013
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http://www.theedgemalaysia.com/business-ne...0-to-rm54m.html
IGB Reit 3Q property income soars 740% to RM54M sounds like tomorrow IGB reit gonna naik harga liao. |
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Oct 24 2013, 06:34 PM
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Senior Member
2,455 posts Joined: Aug 2008 From: Malaysia
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nice
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Oct 24 2013, 07:30 PM
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Senior Member
2,406 posts Joined: Jul 2010 From: bandar Sunway
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QUOTE(ShinG3e @ Oct 24 2013, 06:33 PM) http://www.theedgemalaysia.com/business-ne...0-to-rm54m.html well maybe not since the 740% is compared with last year result when IGB REIT just started opsIGB Reit 3Q property income soars 740% to RM54M sounds like tomorrow IGB reit gonna naik harga liao. more meaningful to compare with q2 50.7m so its 6.5% improvement |
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Oct 24 2013, 07:32 PM
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Senior Member
1,552 posts Joined: Feb 2013
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QUOTE(ryan18 @ Oct 24 2013, 07:30 PM) well maybe not since the 740% is compared with last year result when IGB REIT just started ops good analysis over there. more meaningful to compare with q2 50.7m so its 6.5% improvement |
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Oct 24 2013, 09:00 PM
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Junior Member
92 posts Joined: Mar 2005
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QUOTE(ShinG3e @ Oct 24 2013, 06:33 PM) http://www.theedgemalaysia.com/business-ne...0-to-rm54m.html Just my 2 cents thoughts...IGB Reit 3Q property income soars 740% to RM54M sounds like tomorrow IGB reit gonna naik harga liao. IGB REIT has just began in year 2012 where the 740% is not really a good tool to compare on earnings due to insufficient year of operation. Looking back the the price of IGB, the dividend in Aug was pretty much fruity with 3 sens ++ However, IGB REIT investment on a property in not very diversify. (I too invest in IGB and others) But I think Sunway as of today is RM 1.34 which is a good buy and there will be an upcoming announcement on dividend declaring soon. Next Friday SUNREIT will release their financial report. I personally think that SUNREIT have good potential as they ownes the hospital, shopping mall, resorts and etc.... recently they have gone into JV with Japanese company. SUNREIT will be increasing their rental on most of their shops and retail outlets in end of 2013. Psst: Jeffery Cheah daughter helping out her dad recently, and she has been striving hard on publicity... Analyzing both annual report, i more favor to Sunreit then IGB http://www.bursamalaysia.com/market/listed...cements/1372285 http://www.bursamalaysia.com/market/listed...cements/1441973 This post has been edited by lowhankim: Oct 24 2013, 09:10 PM |
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Oct 24 2013, 09:20 PM
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Senior Member
1,552 posts Joined: Feb 2013
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QUOTE(lowhankim @ Oct 24 2013, 09:00 PM) Just my 2 cents thoughts... thanks for the info bro. IGB REIT has just began in year 2012 where the 740% is not really a good tool to compare on earnings due to insufficient year of operation. Looking back the the price of IGB, the dividend in Aug was pretty much fruity with 3 sens ++ However, IGB REIT investment on a property in not very diversify. (I too invest in IGB and others) But I think Sunway as of today is RM 1.34 which is a good buy and there will be an upcoming announcement on dividend declaring soon. Next Friday SUNREIT will release their financial report. I personally think that SUNREIT have good potential as they ownes the hospital, shopping mall, resorts and etc.... recently they have gone into JV with Japanese company. SUNREIT will be increasing their rental on most of their shops and retail outlets in end of 2013. Psst: Jeffery Cheah daughter helping out her dad recently, and she has been striving hard on publicity... Analyzing both annual report, i more favor to Sunreit then IGB http://www.bursamalaysia.com/market/listed...cements/1372285 http://www.bursamalaysia.com/market/listed...cements/1441973 and yes if compare sunreit & igbreit, i will chose sunreit no doubt. preparing bullets. |
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Oct 24 2013, 09:30 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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so far so good.
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Oct 24 2013, 09:45 PM
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Junior Member
250 posts Joined: Jan 2005
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HONG KONG—After years of surging growth, rents for storefronts on some of the world's most expensive, and crowded, streets are finally cooling.
Rent increases on major Hong Kong shopping streets have paused following a slowdown in growth in spending by people chasing the latest Gucci handbags and Rolex watches. Storefronts now stand empty on prime streets in top shopping districts, a rare sight in this densely populated city of 7 million. Some have been vacant for months. "People used to fight for these spots, but now, there's just nobody fighting," said Nicole Wong, an analyst at CLSA, an Asia-focused brokerage. Since 2009, retail rents on prime streets in Hong Kong have more than doubled, according to Savills SVS.LN +1.05% PLC, a real-estate services provider. Growth slowed noticeably in the first half of this year, and rents fell about 2% in the quarter ended this week, Savills estimates. On Queen's Road Central, Hong Kong Island's main thoroughfare and home to some of the city's priciest properties, rents slumped 5% in the year's first half, according to Savills. Tour Hong Kong's luxury shopping districts Real-estate industry officials give several reasons for the slowdown, ranging from a crackdown on corruption in mainland China, to saturation by luxury brands in Hong Kong, to retailers such as Ralph Lauren Corp. opening stores in less prestigious locations. The high prices have also driven out some small independent stores, many of which occupied the now vacant shops. The biggest influence is mainland China. Hong Kong has long served as the main shopping destination for mainland tourists, 35 million of whom came to the city last year. Retailers have sought to take advantage of the demand—spending by such tourists accounts for about a quarter of the city's retail sales—competing furiously for the best spaces. Prime rents in the city have risen to an average of more than US$4,300 per square foot per year, nearly four times as much as in Paris or London, according to CBRE, a commercial real-estate services and investment firm. Mainland Chinese authorities announced a crackdown on corruption last year, and vendors of luxury goods, sometimes used as gifts to smooth business relationships, have been feeling the chill. While it is difficult to prove a direct connection, sales have tended to fall, or grow more slowly, since the crackdown. Hong Kong still imports more Swiss watches than the U.S. and China put together, but sales have slumped by 9% in the first eight months of this year to US$2.87 billion, according to the Federation of the Swiss Watch Industry. At Harbour City, a top-end mall, sales growth slowed from 34% in 2011 to 13% during the first seven months of the year. Property agents say that numerous international brands have scaled back their expansion plans in Hong Kong this year. "We've certainly seen a peak," says Michele Woo of brokerage Cushman & Wakefield. "It's not just a temporary reaction. People are still spending, but not as exaggeratedly as before." Luxury brands may have also gotten their fill of Hong Kong. Cartier has nine stores in the city, more than double the number it has in New York City, while Burberry and Coach each have around a dozen stores. Luk Fook, a local jewelry brand, has 42 stores, while rival Chow Tai Fook has some 80 stores, giving it more outlets in the city than there are Kentucky Fried Chicken restaurants here. Luk Fook said it expects demand from mainland visitors to continue boosting its business, though it added that high Hong Kong rents and global economic uncertainties could make 2014 more challenging. Chow Tai Fook said it focuses on mass-market products for consumers "who have real needs to buy jewelry items. " It said that its business was minimally affected by anti-corruption measures, if at all. Tiffany, with nine outlets, bucked the trend this summer by unveiling a big store that opens onto the street in the city's perennially packed Times Square shopping mall. Tiffany didn't respond to a request for comment. While some landlords in Hong Kong are still holding out for higher rents—and letting their stores sit empty as a result—a few are cutting their asking rents by 10%-15%, says Kathy Lee of Savills. She expects rents to either stay flat or drop as much as 5% in the coming months. Gary Lee, a local property agent, said that in Central, the city's financial district, the landlord of one shop that has sat empty for more than six months has dropped his rent by about 5%. "He doesn't feel any pressure, he can afford to let it sit longer," he said. A number of brands such as Zara and Calvin Klein have expanded into Hong Kong's suburbs, which stretch north to the mainland border with the wealthy cities of Shenzhen and Guangzhou. Growth in rents in major shopping malls more than doubled to 5% in the second quarter, from 2% in the first, thanks mostly to rent increases in suburban shopping centers. Last year, 57% of the Chinese tourists who visited the city stayed just one day. Fu Xiao-mei, 25 years old, recently shopped for gold jewelry for her cousin, but skipped the city's major shopping districts. "It's farther away and I'm only coming for one day," she said. "It's too much of a hassle, why bother?" The tempering in rents comes too late for some. In 2004, Hong Kong resident Timothy Fan started a local chain of hat stores, Emergency Room, that included locations in Causeway Bay and Harbour City, two shopping meccas for tourists. But after his rent for a 180-square-foot space galloped upward from a monthly 28,000 Hong Kong dollars (US$3,600) to HK$40,000 (US$5,200) in three years, Mr. Fan decided to shut the chain down last November. "We had a lot of loyal customers at the time, but it was just too tough. The rent was crazy," he said. "We had to move shops every few years." Write to Te-Ping Chen at te-ping.chen@wsj.com http://online.wsj.com/news/articles/SB1000...111541926639228 |
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Oct 24 2013, 09:48 PM
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Junior Member
250 posts Joined: Jan 2005
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Top picks:
Pavilion REIT (Buy/ TP: RM1.60): Pavilion KL should see strong rental reversions driven by its prime location and long waiting list (current rents of RM19psf are at a 27% discount to Suria KLCC). 67% of NLA is due for renewal in 2013, which would provide near-term upside to earnings growth. Among all the REITs under our coverage, Pavilion REIT has the most visible asset pipeline via sponsor’s USJ retail mall and Pavilion KL extension (potential injection in 2015 and 2016 respectively). The former should perform well due to its location in a densely populated upper middle-income suburb, while the latter can leverage on Pavilion KL’s strong track record. Maintain BUY with RM1.60 DCF-based TP (we’ve only included Pavilion KL extension injection in our forecast). KLCC stapled security (Buy/ TP: RM8.55): We like KLCC stapled security for its super prime commercial assets and resilient earnings from long-term leases with blue-chip tenants. Biggest catalyst will be injection of Suria KLCC into KLCC REIT, imminent in our view given the huge tax savings (under-geared balance sheet provides headroom to buy over minority interest’s 30% stake). We also look forward to the completion of refurbishments and eventual injection of Menara Dayabumi into KLCC REIT. The development of Lot D1 is a longer-term story, as construction would not be completed until 2017 (still in the midst of negotiations with potential anchor tenant before construction commences). Maintain BUY with RM8.55 SOP-based TP. 
Property_20131016.pdf ( 420.52k )
Number of downloads: 23 |
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Oct 24 2013, 10:07 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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10-yr MSG yield drops further to 3.60 today.
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Oct 24 2013, 10:17 PM
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Junior Member
250 posts Joined: Jan 2005
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slight relief ya. I remember it hit a high of 3.82% in 11th Oct.
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Oct 25 2013, 02:20 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(king_majesty @ Oct 24 2013, 10:17 PM) slight relief ya. I remember it hit a high of 3.82% in 11th Oct. oh, it hit above 4% in August this year. |
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Oct 25 2013, 06:31 PM
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Senior Member
1,232 posts Joined: Jun 2008 From: ¯\(º_o)/¯
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Budget 2014 any benefit on reits?
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Oct 25 2013, 11:47 PM
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Junior Member
58 posts Joined: Apr 2012
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QUOTE(ShinG3e @ Oct 24 2013, 06:33 PM) http://www.theedgemalaysia.com/business-ne...0-to-rm54m.html i grabs some at 1.23 . if drop further will grabs more . IGB Reit 3Q property income soars 740% to RM54M sounds like tomorrow IGB reit gonna naik harga liao. |
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Oct 26 2013, 12:54 AM
Show posts by this member only | IPv6 | Post
#323
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Senior Member
789 posts Joined: Feb 2011
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QUOTE(my-logitech @ Oct 25 2013, 11:47 PM) i grabs some at 1.23 . if drop further will grabs more . me too. Hope IGBreit won't make us regret. |
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Oct 26 2013, 02:43 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(500Kmission @ Oct 26 2013, 12:54 AM) me too. Hope IGBreit won't make us regret. if you expectation is to get 5% dividend a year and do not plan to sell it in next few years, then I bet it won't make you regret. Otherwise, it may. |
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Oct 26 2013, 07:04 AM
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(JeffreyYap @ Oct 25 2013, 06:31 PM) Budget 2014 any benefit on reits? None |
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Oct 26 2013, 08:33 AM
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Junior Member
92 posts Joined: Mar 2005
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My 2 cents opinion comparing several REIT...
I am diversifying towards SUNREIT and PAVREIT as both has a return of nearly 5% per annum since last year till today. Although there are some thoughts that others REIT gives more on certain quarters of the year, but looking back at overall, my choice would be on Sunreit and Pavreit. As both have the average of 4.8 ~ 5.38 % return. |
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Oct 26 2013, 10:49 AM
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Senior Member
10,001 posts Joined: May 2013
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Ta recommend Hold with TP @ 1.77
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Oct 26 2013, 11:23 AM
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All Stars
24,455 posts Joined: Nov 2010
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QUOTE(JeffreyYap @ Oct 25 2013, 06:31 PM) Budget 2014 any benefit on reits? maybe prop speculators will now leave props n dump money into bursa, incl reits! |
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Oct 26 2013, 04:03 PM
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Junior Member
157 posts Joined: Feb 2012
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QUOTE(ShinG3e @ Oct 24 2013, 06:33 PM) http://www.theedgemalaysia.com/business-ne...0-to-rm54m.html Do you understand what the 740% means? IGB Reit 3Q property income soars 740% to RM54M sounds like tomorrow IGB reit gonna naik harga liao. Last year igbreit started midvalley n the gardens business on 20 Sep 2012. Then quarterly income ended during 30 Sep 2012 was extremely low because it only had maybe 10 or 11 days rent. This year igbreit is reporting full June until end Sep business. 740%?? |
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Oct 26 2013, 04:23 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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So next week, I can expect reits to profit from proposed increased in RPGT
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Oct 26 2013, 05:15 PM
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Senior Member
10,001 posts Joined: May 2013
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M-REITs seldom buy n sell properties
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Oct 26 2013, 07:55 PM
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Senior Member
1,449 posts Joined: Dec 2007
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RPGT has minimum effect on REITs
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Oct 28 2013, 03:42 AM
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Junior Member
250 posts Joined: Jan 2005
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QUOTE(holybo @ Oct 26 2013, 07:55 PM) RPGT has minimum effect on REITs Depends on what type of REIT. if you are in the retail REIT segment. on a longer trend, malls in KL & KV has reach a saturation point. upcoming mega malls PAV2 will be at the outskirts of KL.
Oxford Business Group 2008 Pg133Next year, local economist expecting 50 basis point of hike in BLR, with REIT generally mainly uses short term funding, funding cost increase will lower the earnings thus share price will need to dip to maintain better yield. not sure which scenario will play out but foresee 2 trends but not sure which one will come out stronger. scenario 1 weaker consumer purchasing power due to GST, subsidy rationalization translate to sluggish retail sales, affecting mall's ability to negotiate during rental revision. scenario 2, removal of DIBS, increase in RPGT, GST increase the cost of building material cause investors to distance themselves away from property market. thus increasing disposable income means more $ for discretionary spending. This post has been edited by king_majesty: Oct 28 2013, 03:43 AM |
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Oct 28 2013, 08:36 AM
Show posts by this member only | IPv6 | Post
#334
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Senior Member
3,815 posts Joined: Feb 2012
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QUOTE(king_majesty @ Oct 28 2013, 03:42 AM) Depends on what type of REIT. if you are in the retail REIT segment. on a longer trend, malls in KL & KV has reach a saturation point. upcoming mega malls PAV2 will be at the outskirts of KL. This report was made 6 years ago?
Oxford Business Group 2008 Pg133Next year, local economist expecting 50 basis point of hike in BLR, with REIT generally mainly uses short term funding, funding cost increase will lower the earnings thus share price will need to dip to maintain better yield. not sure which scenario will play out but foresee 2 trends but not sure which one will come out stronger. scenario 1 weaker consumer purchasing power due to GST, subsidy rationalization translate to sluggish retail sales, affecting mall's ability to negotiate during rental revision. scenario 2, removal of DIBS, increase in RPGT, GST increase the cost of building material cause investors to distance themselves away from property market. thus increasing disposable income means more $ for discretionary spending. GST will only be enforced in 2015... |
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Oct 28 2013, 01:40 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(king_majesty @ Oct 28 2013, 03:42 AM) Depends on what type of REIT. if you are in the retail REIT segment. on a longer trend, malls in KL & KV has reach a saturation point. upcoming mega malls PAV2 will be at the outskirts of KL. My opinion,Next year, local economist expecting 50 basis point of hike in BLR, with REIT generally mainly uses short term funding, funding cost increase will lower the earnings thus share price will need to dip to maintain better yield. not sure which scenario will play out but foresee 2 trends but not sure which one will come out stronger. scenario 1 weaker consumer purchasing power due to GST, subsidy rationalization translate to sluggish retail sales, affecting mall's ability to negotiate during rental revision. scenario 2, removal of DIBS, increase in RPGT, GST increase the cost of building material cause investors to distance themselves away from property market. thus increasing disposable income means more $ for discretionary spending. I see little chance of OPR being raised next year, with economy growth is trending to slight slower pace. Especially with 2015 April, with the start of GST impact, which may slow down the economy further. This post has been edited by cherroy: Oct 28 2013, 01:41 PM |
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Oct 28 2013, 10:06 PM
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Senior Member
1,780 posts Joined: Nov 2010
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QUOTE(cherroy @ Oct 28 2013, 01:40 PM) My opinion, malaysia bond yield drop like no business, but reit still no move....I see little chance of OPR being raised next year, with economy growth is trending to slight slower pace. Especially with 2015 April, with the start of GST impact, which may slow down the economy further. QE won't stop so soon due to fed will face the same issue in 2014 February. This post has been edited by Nikmon: Oct 28 2013, 10:07 PM |
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Oct 29 2013, 09:32 AM
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Junior Member
162 posts Joined: Jun 2012
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Stareit dropped till 1.01
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Oct 29 2013, 09:40 AM
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Senior Member
16,872 posts Joined: Jun 2011
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And IGBREIT still weak/stagnant
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Oct 29 2013, 03:33 PM
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Senior Member
1,057 posts Joined: Oct 2011
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Anyone know when Sunreit going to announce the quarter report (last year was 23 October)? Looking for their dividend
This post has been edited by kyle_kl: Oct 29 2013, 03:34 PM |
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Oct 29 2013, 03:42 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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bears play until bulls tired then only reverse, and bulls play until bears tired then only reverse.
as REIT has the beauty of distribution policy on income, just pick the right one and let it sleep in the fridge will do. still love REITs! |
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Oct 29 2013, 04:25 PM
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Senior Member
9,361 posts Joined: Aug 2010
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Saving billets for fire-sale comn soon. When QE starts, not if, thn REITs will be affeted. At least in th beginnig.
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Oct 29 2013, 06:00 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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SUNWAY REAL ESTATE INVESTMENT TRUST
First Income Distribution of 2.00 sen per unit (of which 1.65 sen per unit is taxable and 0.35 sen per unit is non-taxable) for the first quarter ended 30 September 2013 EX-date 12/11/2013 Entitlement date 14/11/2013 Payment date 28/11/2013 |
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Oct 29 2013, 06:22 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(davinz18 @ Oct 29 2013, 06:00 PM) SUNWAY REAL ESTATE INVESTMENT TRUST lower than last year. First Income Distribution of 2.00 sen per unit (of which 1.65 sen per unit is taxable and 0.35 sen per unit is non-taxable) for the first quarter ended 30 September 2013 EX-date 12/11/2013 Entitlement date 14/11/2013 Payment date 28/11/2013 |
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Oct 29 2013, 06:25 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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KLCC also dividend coming...8.28 sen.
income season again. |
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Oct 29 2013, 06:32 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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cmmt called off deal for Tropicana acquisition.
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Oct 29 2013, 06:39 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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QUOTE(yok70 @ Oct 29 2013, 06:22 PM) lower than last year. maybe next year should be better |
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Oct 29 2013, 06:42 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(yok70 @ Oct 29 2013, 06:25 PM) KLCC also dividend coming...8.28 sen. Hi yok gor,income season again. u buy more ??? This post has been edited by felixmask: Oct 29 2013, 06:43 PM |
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Oct 29 2013, 06:50 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(davinz18 @ Oct 29 2013, 06:39 PM) maybe next year should be better lots of acquisitions potential from its REIT segment, growth sure intact one for future. |
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Oct 29 2013, 06:51 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(felixmask @ Oct 29 2013, 06:42 PM) Hi yok gor, yok adik, not gor. u buy more ??? no buying more, unless drop below 6.00 |
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Oct 29 2013, 07:54 PM
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Senior Member
1,057 posts Joined: Oct 2011
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QUOTE(yok70 @ Oct 29 2013, 06:22 PM) lower than last year. is it due to the closure of sunway putra mall? |
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Oct 29 2013, 08:21 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(kyle_kl @ Oct 29 2013, 07:54 PM) is it due to the closure of sunway putra mall? guess so, not sure though. just wait for IB to dig the facts for us. |
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Oct 29 2013, 08:44 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(yok70 @ Oct 29 2013, 06:51 PM) yok adik, not gor. im younger than u. no buying more, unless drop below 6.00 my humble gor |
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Oct 29 2013, 09:16 PM
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Senior Member
2,406 posts Joined: Jul 2010 From: bandar Sunway
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QUOTE(kyle_kl @ Oct 29 2013, 07:54 PM) is it due to the closure of sunway putra mall? let me be a part time analyst and do my 2cent analysis lolaccording to the presentation slide, DPU is lower due to enlarged number of units in circulation (from 2.7bilion share in circulation it increases to almost 3bilion shares) that is correct if compared with last year. quote:Despite the Manager’ s endeavour to maintain distribution per unit (“ DPU” ) for FY2014 not withstanding the closure of Sunway Putra Mall, the Manager is of the view that DPU may be lower due to the sof ter out look for the hotel and office segments. qoq:compare Q4 DPU 2.02 when sunway putra is close since may, and q1 2014 DPU 2.00 when sunway putra is closed for the whole accounting period.it makes sense that the drop is caused by sunway putra closure |
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Oct 29 2013, 10:13 PM
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Senior Member
1,057 posts Joined: Oct 2011
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QUOTE(ryan18 @ Oct 29 2013, 09:16 PM) let me be a part time analyst and do my 2cent analysis lol i see, so it is due to closure of sunway putra (compare previous quarter) plus increase in share unit (compare to last year).according to the presentation slide, DPU is lower due to enlarged number of units in circulation (from 2.7bilion share in circulation it increases to almost 3bilion shares) that is correct if compared with last year. quote:Despite the Manager’ s endeavour to maintain distribution per unit (“ DPU” ) for FY2014 not withstanding the closure of Sunway Putra Mall, the Manager is of the view that DPU may be lower due to the sof ter out look for the hotel and office segments. qoq:compare Q4 DPU 2.02 when sunway putra is close since may, and q1 2014 DPU 2.00 when sunway putra is closed for the whole accounting period.it makes sense that the drop is caused by sunway putra closure "the Manager is of the view that DPU may be lower due to the softer outlook for the hotel and office segments" so amfirst and stareit would not doing good this quarter? |
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Oct 29 2013, 11:16 PM
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Senior Member
2,361 posts Joined: Feb 2008
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QUOTE(Pink Spider @ Oct 29 2013, 09:40 AM) And IGBREIT still weak/stagnant No worry.. just makan the div. |
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Oct 29 2013, 11:48 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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Oct 30 2013, 08:41 AM
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Senior Member
3,815 posts Joined: Feb 2012
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QUOTE(yok70 @ Oct 29 2013, 06:22 PM) lower than last year. If dividend is lower, it's time to consider whether to dump it... |
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Oct 30 2013, 03:02 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(river.sand @ Oct 30 2013, 08:41 AM) If dividend is lower, it's time to consider whether to dump it... but it's expected. income will only increase after sunway putra mall reopen after 1.5 to 2 years time as there is no new acquisitions now.it's already good news if the decrease on income stays minimum. |
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Oct 30 2013, 03:14 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(yok70 @ Oct 30 2013, 03:02 PM) but it's expected. income will only increase after sunway putra mall reopen after 1.5 to 2 years time as there is no new acquisitions now. furthermore, Sunway debts have move to fixed rate , to avoid effect of BNM increase OPRit's already good news if the decrease on income stays minimum. http://www.thestar.com.my/Business/Busines...-in-Sunway.aspx |
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Oct 30 2013, 03:28 PM
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Senior Member
16,872 posts Joined: Jun 2011
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SUnway REIT higher DY than IGBREIT? I tot it's the other way
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Oct 30 2013, 03:31 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(Pink Spider @ Oct 30 2013, 03:28 PM) SUnway REIT higher DY than IGBREIT? I tot it's the other way according to average of DPU FY14 forecast by various IBs, igbreit 7.1 sen and sunreit 8 sen. That goes to gross yield of 5.87% vs 5.93%. Deduct 10% to get net yield. |
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Oct 30 2013, 03:36 PM
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Senior Member
16,872 posts Joined: Jun 2011
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QUOTE(yok70 @ Oct 30 2013, 03:31 PM) according to average of DPU FY14 forecast by various IBs, igbreit 7.1 sen and sunreit 8 sen. That goes to gross yield of 5.87% vs 5.93%. Deduct 10% to get net yield. The SUNREIT analyst report shows projected yields for IGBREIT among highest of MREITsBtw I wanna ask this very long time liao U have an US Fender Strat?  |
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Oct 30 2013, 03:36 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(kyle_kl @ Oct 29 2013, 10:13 PM) i see, so it is due to closure of sunway putra (compare previous quarter) plus increase in share unit (compare to last year). It depended on the nature of lease signed."the Manager is of the view that DPU may be lower due to the softer outlook for the hotel and office segments" so amfirst and stareit would not doing good this quarter? Stareit local portfolio should have stable income as it is a long term lease of 15 years. But for situation on Australia's hotel, this I have no info on the issue, so can't comment. Reit is not doing business directly (aka they are not running the hotel business or business), it is about lease the property out at favourable rate or not, or can retain existing tenant once lease expired, or have a poor/good revision on future lease. Office space likely to be underpressured due to more supply in the coming 1-2 years time, due to completion of new office buildings. Having said that, good strategic location one may still able to get a good rental rate. So location, property quality can be an important factor as well. |
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Oct 30 2013, 03:37 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(Pink Spider @ Oct 30 2013, 03:36 PM) The SUNREIT analyst report shows projected yields for IGBREIT among highest of MREITs haha....ya, it's quite old already. a cheaper version, Mexican made, not USA made. btw, this photo was grabbed from internet, not mine. but mine looks the same at this section. Btw I wanna ask this very long time liao U have an US Fender Strat? This post has been edited by yok70: Oct 30 2013, 03:38 PM |
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Oct 30 2013, 03:38 PM
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Senior Member
16,872 posts Joined: Jun 2011
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QUOTE(yok70 @ Oct 30 2013, 03:37 PM) haha....ya, it's quite old already. a cheaper version, Mexican made, not USA made. btw, this photo was grabbed from internet, not mine. but mine looks the same at this section. Sunburst? Aiyo, all Fender Strats punya headstock also look like this lor This post has been edited by Pink Spider: Oct 30 2013, 03:39 PM |
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Oct 30 2013, 03:39 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(yok70 @ Oct 30 2013, 03:31 PM) according to average of DPU FY14 forecast by various IBs, igbreit 7.1 sen and sunreit 8 sen. That goes to gross yield of 5.87% vs 5.93%. Deduct 10% to get net yield. I do not think 7.1 cents on IGBreit is achievable.If not mistaken, the IPO prospectus showed projected DPU was about 6.x cents for 2014. Latest Q EPS is 1.58 cents, so if annualised it x 4 = 6.3 cents. |
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Oct 30 2013, 03:40 PM
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Senior Member
6,356 posts Joined: Aug 2008
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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 |
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Oct 30 2013, 03:40 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(Pink Spider @ Oct 30 2013, 03:38 PM) Sunburst? not sunburst. you like sunburst? i think it looks more country with sunburst. Aiyo, all Fender Strats punya headstock also look like this lor |
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Oct 30 2013, 03:41 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(cherroy @ Oct 30 2013, 03:39 PM) I do not think 7.1 cents on IGBreit is achievable. wow....IBs were giving much higher forecast.... If not mistaken, the IPO prospectus showed projected DPU was about 6.x cents for 2014. Latest Q EPS is 1.58 cents, so if annualised it x 4 = 6.3 cents. |
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Oct 30 2013, 03:42 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(felixmask @ Oct 30 2013, 03:40 PM) hi guy(yok70 & pinkspider)..what you all talking about...i don't understand ??? OT already...sorry. guitar. |
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Oct 30 2013, 03:43 PM
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Senior Member
16,872 posts Joined: Jun 2011
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QUOTE(yok70 @ Oct 30 2013, 03:40 PM) not sunburst. you like sunburst? i think it looks more country with sunburst. I like Cherry Red and 3-tone sunburst  okok back to topic |
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Oct 30 2013, 03:44 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(yok70 @ Oct 30 2013, 03:42 PM) OT already...sorry. oic...i dont hv music talent..no wonder cannot catch up. guitar. |
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Oct 30 2013, 03:46 PM
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Senior Member
16,872 posts Joined: Jun 2011
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QUOTE(felixmask @ Oct 30 2013, 03:44 PM) oic...i dont hv music talent..no wonder cannot catch up. I like guitar but cannot make any progress beyond playing simple stuff My guitar sit at my room gathering dust >1 year already |
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Oct 30 2013, 03:49 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(Pink Spider @ Oct 30 2013, 03:46 PM) I like guitar but cannot make any progress beyond playing simple stuff i have harmonica..inside the storage box for few year too....My guitar sit at my room gathering dust >1 year already use to be charm my wife. .This post has been edited by felixmask: Oct 30 2013, 03:49 PM |
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Oct 30 2013, 03:51 PM
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Senior Member
1,637 posts Joined: Mar 2010 From: Bolehland
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does anyone know when is the next dividend payout for IGBreit?
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Oct 30 2013, 03:57 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(Pink Spider @ Oct 30 2013, 03:46 PM) I like guitar but cannot make any progress beyond playing simple stuff oh boy! mine is cherry red strat leh! same taste! My guitar sit at my room gathering dust >1 year already and me also same same, only play the simple stuff then given up because no patient to learn the difficult stuff. so also sit there for years gathering dust! |
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Oct 30 2013, 04:03 PM
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Senior Member
16,872 posts Joined: Jun 2011
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QUOTE(yok70 @ Oct 30 2013, 03:57 PM) oh boy! mine is cherry red strat leh! same taste! How difficult is your "difficult"? and me also same same, only play the simple stuff then given up because no patient to learn the difficult stuff. so also sit there for years gathering dust! I only can do chords strumming and some basic lead that sounds the same no matter how many times I try to improvise |
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Oct 30 2013, 04:04 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(twhong_91 @ Oct 30 2013, 03:51 PM) does anyone know when is the next dividend payout for IGBreit? next year end of january announce. |
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Oct 30 2013, 04:42 PM
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Senior Member
1,637 posts Joined: Mar 2010 From: Bolehland
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QUOTE(felixmask @ Oct 30 2013, 04:04 PM) next year end of january announce. thanks |
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Oct 30 2013, 04:55 PM
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Senior Member
16,872 posts Joined: Jun 2011
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Both IGBREIT and AXISREIT got more sellers than buyers at Trading At Last...what does this mean?
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Oct 30 2013, 05:13 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(Pink Spider @ Oct 30 2013, 04:55 PM) Both IGBREIT and AXISREIT got more sellers than buyers at Trading At Last...what does this mean? It just means seller eager to dispose for today. Q of buyer and seller actually means nothing nor can give indicator how the price movement will be. |
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Oct 30 2013, 05:14 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(Pink Spider @ Oct 30 2013, 04:03 PM) How difficult is your "difficult"? me too, basic chords only since my major interest to learn last time was to write songs and not to play music. I only can do chords strumming and some basic lead that sounds the same no matter how many times I try to improvise the part i couldn't "breakout" was it's so hard to play clean sound (particularly on solo) as my fingers keep "sticking" on the strings that creating annoying noise. i asked musicians and they said this: simple, all you need is practice practice practice. only that you can "feel the technique" to play clean sound. they suggest at least 4 hours a day for a continuing 3 months non-stop, in order to see the "breakout". |
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Oct 30 2013, 05:15 PM
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Senior Member
16,872 posts Joined: Jun 2011
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QUOTE(cherroy @ Oct 30 2013, 05:13 PM) It just means seller eager to dispose for today. REITs under selling pressure? I actually felt wanna accumulate, but seeing situation like this, could there be further downside tomorrow? Q of buyer and seller actually means nothing nor can give indicator how the price movement will be. Oh ya hor...Fed meeting tonite right? |
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Oct 30 2013, 05:17 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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i like it actually, to see continue dumping of REITs, while continue lowering of bond's yield.
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Oct 30 2013, 05:20 PM
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Senior Member
16,872 posts Joined: Jun 2011
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QUOTE(yok70 @ Oct 30 2013, 05:14 PM) me too, basic chords only since my major interest to learn last time was to write songs and not to play music. the "dirty" sound is what makes it rock 'n roll the part i couldn't "breakout" was it's so hard to play clean sound (particularly on solo) as my fingers keep "sticking" on the strings that creating annoying noise. i asked musicians and they said this: simple, all you need is practice practice practice. only that you can "feel the technique" to play clean sound. they suggest at least 4 hours a day for a continuing 3 months non-stop, in order to see the "breakout". 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 QUOTE(yok70 @ Oct 30 2013, 05:17 PM) i like it actually, to see continue dumping of REITs, while continue lowering of bond's yield. 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 |
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Oct 30 2013, 05:21 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(Pink Spider @ Oct 30 2013, 05:15 PM) REITs under selling pressure? I actually felt wanna accumulate, but seeing situation like this, could there be further downside tomorrow? if sentiment changes, 1 day can up 10% one. nobody knows when the sentiment will change though. Oh ya hor...Fed meeting tonite right? remember the start of M-REIT dropping was after 2-3 months of dropping in S-REIT. i am starting to see slight upgrading on TPs for S-REIT in recent IB's reports. Fed's meeting started yesterday i think, and it will end and conclude by tonight. Most people thing QE stays. |
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Oct 30 2013, 05:23 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(Pink Spider @ Oct 30 2013, 05:15 PM) REITs under selling pressure? I actually felt wanna accumulate, but seeing situation like this, could there be further downside tomorrow? Yes, reit has been underpressured since the word "tapering" pop up. Oh ya hor...Fed meeting tonite right? I forsee reit to be stagnant to slight downwards moving for near term if there is no major change in macro economy. I do not think Fed is going to make any major move, considered that another debt limit saga may happen on Fed again. Reit is for long term dividend yield play, tomorrow down/up of a few cent or not shouldn't be the major consideration. The consideration for reit, 1. Will the reit DPU is going to be stable? (aka lease term, tenant issue) 2. Will one satisfy the yield at the current price? 3. Will the property market face severe headwind, aka property may have hard time to lease out their property. (similar to one) 4. Will FD rate going to rise? As Reit yield is always need to compete with FD and bond yield. Don't need to care how many seller or buyer out there for the market price out there. |
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Oct 30 2013, 05:26 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(Pink Spider @ Oct 30 2013, 05:20 PM) Which REITs u have? Now I only got IGBREIT, looking at AXISREIT for diversification i plan to add back axreit but still waiting for a lower entry. |
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Oct 30 2013, 05:27 PM
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Senior Member
16,872 posts Joined: Jun 2011
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QUOTE(yok70 @ Oct 30 2013, 05:26 PM) i got sunreit, cmmt, hektar, igbreit, pavreit, klcc (half-reit), stareit. Most if not all retail properties i plan to add back axreit but still waiting for a lower entry. Let's hope that Axis drop below 3.40 tmrw  This post has been edited by Pink Spider: Oct 30 2013, 05:27 PM |
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Oct 30 2013, 05:31 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(Pink Spider @ Oct 30 2013, 05:27 PM) Most if not all retail properties yes, most IBs now say mall oversupply.Let's hope that Axis drop below 3.40 tmrw so need to closely monitor the market surrounding their assets. so far i think they are fine, still at great locations with good crowd. as for Hektar, the lower valuation has priced in the worry of less prime location assets. in fact, i even think it's kind of defensive for being a neighborhood mall as long as those residence still living there. my target of axreit is 3.00-3.20....hopefully. |
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Oct 30 2013, 05:33 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(cherroy @ Oct 30 2013, 05:23 PM) Yes, reit has been underpressured since the word "tapering" pop up. ya. I forsee reit to be stagnant to slight downwards moving for near term if there is no major change in macro economy. I do not think Fed is going to make any major move, considered that another debt limit saga may happen on Fed again. Reit is for long term dividend yield play, tomorrow down/up of a few cent or not shouldn't be the major consideration. The consideration for reit, 1. Will the reit DPU is going to be stable? (aka lease term, tenant issue) 2. Will one satisfy the yield at the current price? 3. Will the property market face severe headwind, aka property may have hard time to lease out their property. (similar to one) 4. Will FD rate going to rise? As Reit yield is always need to compete with FD and bond yield. Don't need to care how many seller or buyer out there for the market price out there. as for entry price target, i only look at yield. |
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Oct 30 2013, 05:33 PM
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Senior Member
16,872 posts Joined: Jun 2011
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QUOTE(yok70 @ Oct 30 2013, 05:31 PM) yes, most IBs now say mall oversupply. Yeah, cos Malaysians simply love going to malls so need to closely monitor the market surrounding their assets. so far i think they are fine, still at great locations with good crowd. as for Hektar, the lower valuation has priced in the worry of less prime location assets. in fact, i even think it's kind of defensive for being a neighborhood mall as long as those residence still living there. my target of axreit is 3.00-3.20....hopefully. So far most malls owned by REITs have resilient crowd numbers I see... 3.00-3.20  Aren't u a bit greedy? |
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Oct 30 2013, 05:37 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(Pink Spider @ Oct 30 2013, 05:33 PM) 3.00-3.20 just target 5.5% net yield, inline with mall reits. Aren't u a bit greedy? axreit now are trading at premium. |
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Oct 30 2013, 05:48 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(yok70 @ Oct 30 2013, 05:31 PM) yes, most IBs now say mall oversupply. Mall oversupply can be hit hard on those "secondary" mall that at more outskirt of city. so need to closely monitor the market surrounding their assets. so far i think they are fine, still at great locations with good crowd. as for Hektar, the lower valuation has priced in the worry of less prime location assets. in fact, i even think it's kind of defensive for being a neighborhood mall as long as those residence still living there. my target of axreit is 3.00-3.20....hopefully. In prime location, city centre mall, crowd still there, and car park always full... Same with office space. Office space oversupply, but those prime and strategic location one, still high in occupancy. Property is always about location. Once the property at right location, then it won't go wrong too far. While if property at wrong location, even though economy is good, office/mall space market is good, still may not flourish one. |
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Oct 30 2013, 05:51 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(yok70 @ Oct 30 2013, 05:37 PM) just target 5.5% net yield, inline with mall reits. Premium brand reit come with premium price.axreit now are trading at premium. In fact, it is one of reit that has showed consistent good rise in DPU over the years. With DPU from 12~13 cents previously, now expect to go up to 18~19 cents. |
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Oct 30 2013, 06:28 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(cherroy @ Oct 30 2013, 05:51 PM) Premium brand reit come with premium price. 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. In fact, it is one of reit that has showed consistent good rise in DPU over the years. With DPU from 12~13 cents previously, now expect to go up to 18~19 cents. |
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Oct 30 2013, 07:31 PM
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Senior Member
10,001 posts Joined: May 2013
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PROPOSED DISPOSAL BY AMANAH HARTA TANAH PNB TO MR. M. KALEESSVARAN A/L MANIKAM OF A FOUR (4) STOREY STRATIFIED SHOP OFFICE IDENTIFIED AS NO. 2777, JALAN CHAIN FERRY, TAMAN INDERAWASIH, SEBERANG PRAI, PENANG HELD UNDER MASTER GERAN 60387, LOT 2887, BANDAR OF PRAI, DAERAH OF SEBERANG PRAI TENGAH, NEGERI PULAU PINANG FOR A CASH CONSIDERATION OF RINGGIT MALAYSIA EIGHT HUNDRED THOUSAND (RM800,000.00) ONLY ("THE PROPOSED DISPOSAL")
http://www.bursamalaysia.com/market/listed...cements/1447449 |
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Oct 30 2013, 07:42 PM
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Senior Member
2,406 posts Joined: Jul 2010 From: bandar Sunway
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QUOTE(yok70 @ Oct 30 2013, 03:31 PM) according to average of DPU FY14 forecast by various IBs, igbreit 7.1 sen and sunreit 8 sen. That goes to gross yield of 5.87% vs 5.93%. Deduct 10% to get net yield. well according to my own calculation and if the trend stays igb reit forecasted DPU FY14 is 7.09 sen (3.43sen from 1st half, assuming 2nd half DPU is 3.66sen)my worst outcome prediction is 6.93sen(3.43sen from 1st half, assuming 2nd half DPU 3.50sen) |
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Oct 30 2013, 08:22 PM
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Senior Member
1,057 posts Joined: Oct 2011
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QUOTE(Pink Spider @ Oct 30 2013, 03:36 PM) The SUNREIT analyst report shows projected yields for IGBREIT among highest of MREITs MReit = mall reit?Btw I wanna ask this very long time liao U have an US Fender Strat? i thought Hektar is the highest among mall reit. |
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Oct 30 2013, 08:29 PM
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Senior Member
16,872 posts Joined: Jun 2011
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QUOTE(kyle_kl @ Oct 30 2013, 08:22 PM) MReit = mall reit? MREIT = Malaysian REITi thought Hektar is the highest among mall reit. SREIT = Singaporean REIT |
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Oct 30 2013, 10:15 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(ryan18 @ Oct 30 2013, 07:42 PM) well according to my own calculation and if the trend stays igb reit forecasted DPU FY14 is 7.09 sen (3.43sen from 1st half, assuming 2nd half DPU is 3.66sen) Although IGBreit gave 3.43 cents, its EPS is not 3.43 cents.my worst outcome prediction is 6.93sen(3.43sen from 1st half, assuming 2nd half DPU 3.50sen) Realised income from operation is not 3.43 cents. But 1.49 + 1.45 = 2.94 cents, from the 1st half. But due to the fact, the manager fee is paid on unit instead of cash, the extra cash enable the reit to give extra until 3.43 cents. Again for the 3rd Q, its EPS is 1.58 cents, but distributable DPU 1.83 cents, again the extra coming from non-cash manager fee. So 7 cents may achievable. But one must take note that the DPU is exceeding its EPS. EPS should always be used to justify a sustainable payout yield over the long term. |
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Oct 31 2013, 09:19 AM
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Junior Member
180 posts Joined: Jan 2003
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QUOTE(cherroy @ Oct 30 2013, 10:15 PM) Although IGBreit gave 3.43 cents, its EPS is not 3.43 cents. do you mean their dividen payout ratio is 1.83/1.58=116% ???Realised income from operation is not 3.43 cents. But 1.49 + 1.45 = 2.94 cents, from the 1st half. But due to the fact, the manager fee is paid on unit instead of cash, the extra cash enable the reit to give extra until 3.43 cents. Again for the 3rd Q, its EPS is 1.58 cents, but distributable DPU 1.83 cents, again the extra coming from non-cash manager fee. So 7 cents may achievable. But one must take note that the DPU is exceeding its EPS. EPS should always be used to justify a sustainable payout yield over the long term. Is it good for investor? Extra cash giving back to shareholder.. |
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Oct 31 2013, 09:37 AM
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Senior Member
16,872 posts Joined: Jun 2011
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QUOTE(Chicken~:> @ Oct 31 2013, 09:19 AM) do you mean their dividen payout ratio is 1.83/1.58=116% ??? Good is good, but not sustainable i.e. dun expect it to continue foreverIs it good for investor? Extra cash giving back to shareholder.. |
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Oct 31 2013, 01:16 PM
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(Chicken~:> @ Oct 31 2013, 09:19 AM) do you mean their dividen payout ratio is 1.83/1.58=116% ??? I have yet to study d reportIs it good for investor? Extra cash giving back to shareholder.. D xtra pymt could b due to non cash flow item If yes, no surprise at all |
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Oct 31 2013, 01:22 PM
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Junior Member
180 posts Joined: Jan 2003
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QUOTE(wil-i-am @ Oct 31 2013, 01:16 PM) I have yet to study d report Please help to study and update here. Thanks in advance. D xtra pymt could b due to non cash flow item If yes, no surprise at all |
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Oct 31 2013, 02:04 PM
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Senior Member
16,872 posts Joined: Jun 2011
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QUOTE(cherroy @ Oct 30 2013, 10:15 PM) Although IGBreit gave 3.43 cents, its EPS is not 3.43 cents. It means that the manager will get more % holding in the REIT, i.e. dilute other unitholders' shareholding?Realised income from operation is not 3.43 cents. But 1.49 + 1.45 = 2.94 cents, from the 1st half. But due to the fact, the manager fee is paid on unit instead of cash, the extra cash enable the reit to give extra until 3.43 cents. Again for the 3rd Q, its EPS is 1.58 cents, but distributable DPU 1.83 cents, again the extra coming from non-cash manager fee. So 7 cents may achievable. But one must take note that the DPU is exceeding its EPS. EPS should always be used to justify a sustainable payout yield over the long term. |
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Oct 31 2013, 02:56 PM
Show posts by this member only | IPv6 | Post
#407
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Senior Member
3,815 posts Joined: Feb 2012
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QUOTE(Chicken~:> @ Oct 31 2013, 09:19 AM) do you mean their dividen payout ratio is 1.83/1.58=116% ??? Beware: such a high dividend payout is unlikely to be sustainable.Is it good for investor? Extra cash giving back to shareholder.. |
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Oct 31 2013, 03:02 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(Pink Spider @ Oct 31 2013, 02:04 PM) It means that the manager will get more % holding in the REIT, i.e. dilute other unitholders' shareholding? Yes, but negligible in diluting as IGBreit (3.x bil) base is big. |
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Oct 31 2013, 05:57 PM
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Junior Member
180 posts Joined: Jan 2003
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QUOTE(river.sand @ Oct 31 2013, 02:56 PM) Beware: such a high dividend payout is unlikely to be sustainable. bro..please dont spread fear ....I just checked SUNREIT and CMMT, they are also giving dividend more than EPS. Maybe common in RETAIL REIT? |
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Nov 1 2013, 05:28 PM
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Junior Member
92 posts Joined: Mar 2005
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My 2 cents thoughts...
For REIT especially with the mixed of retails malls, offices and others, the dividend is likely to be fruitful Sharing my own analysis: IGBREIT - will be estimating giving out 0.0300 +- dividend next year as they have started operating their shares since last year... (the 700% increase in profit is a true, but slightly misleading) IGBREIT has been paying only 2 times dividend (Feb 2013 and Aug 2013) Ends at RM 1.22 SUNREIT - they have issue notice to surroundings retail outlet where their lease is about to expired in December 2013 that effective End Jan 2014, rental will yield up to 5% ~ 30% for some outlets... not forgetting that Sunway Hospital has been included into Sunreit portfolio. Sunway has recently close the Sunway putera mall for refurbish, and will open in year 2015. but Sunreit is giving a dividend up to 5%~6% overall, well better then my FD which is 4.18% from Hong Leong which tides your money for a year, shares can sell for profit.. SUNREIT RM 1.33 STAREIT is a good buy call as is giving out average of 6% to 7.24% base on current price.... although they give 2 times dividend a year but good enough... with the price of RM 1.02 |
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Nov 1 2013, 05:33 PM
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Junior Member
92 posts Joined: Mar 2005
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additional note, 01 November 2013, many big shots are acquiring the shares of IGBREIT in large volume... so... could be good news
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Nov 1 2013, 05:35 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(Chicken~:> @ Oct 31 2013, 05:57 PM) bro..please dont spread fear .... Sustainable dividend yield come from EPS.I just checked SUNREIT and CMMT, they are also giving dividend more than EPS. Maybe common in RETAIL REIT? Yes, you can overpay the DPU > EPS, due to manager fee being paid in unit instead of cash, or due to capital allowance or whatever. But this is not something should be take for granted. It is not about spreading fear or not, but a reality check that one should be always aware off, and not take for granted. Always look at realised income that made by reit. This is the most important figure one should look at to evaluation a reit. Extra gross profit due to property revaluation gain, extra distribution due to capital allowance etc, shareholders should be aware off this kind of issue. |
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Nov 1 2013, 05:50 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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QUOTE(lowhankim @ Nov 1 2013, 05:28 PM) My 2 cents thoughts... Good Sharing my own analysis: STAREIT is a good buy call as is giving out average of 6% to 7.24% base on current price.... although they give 2 times dividend a year but good enough... with the price of RM 1.02 |
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Nov 1 2013, 07:24 PM
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Senior Member
10,001 posts Joined: May 2013
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SUNWAY REAL ESTATE INVESTMENT TRUST (“SUNREIT”)
- PROPOSED CHANGE IN SHAREHOLDING STRUCTURE OF SUNWAY REIT MANAGEMENT SDN BHD, THE MANAGER OF SUNREIT (“MANAGER”) http://www.bursamalaysia.com/market/listed...cements/1451229 |
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Nov 1 2013, 07:38 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(lowhankim @ Nov 1 2013, 05:28 PM) My 2 cents thoughts... If you have info on how Stareit funds the new acquisitions of its Australia hotels, please share with us. For REIT especially with the mixed of retails malls, offices and others, the dividend is likely to be fruitful Sharing my own analysis: IGBREIT - will be estimating giving out 0.0300 +- dividend next year as they have started operating their shares since last year... (the 700% increase in profit is a true, but slightly misleading) IGBREIT has been paying only 2 times dividend (Feb 2013 and Aug 2013) Ends at RM 1.22 SUNREIT - they have issue notice to surroundings retail outlet where their lease is about to expired in December 2013 that effective End Jan 2014, rental will yield up to 5% ~ 30% for some outlets... not forgetting that Sunway Hospital has been included into Sunreit portfolio. Sunway has recently close the Sunway putera mall for refurbish, and will open in year 2015. but Sunreit is giving a dividend up to 5%~6% overall, well better then my FD which is 4.18% from Hong Leong which tides your money for a year, shares can sell for profit.. SUNREIT RM 1.33 STAREIT is a good buy call as is giving out average of 6% to 7.24% base on current price.... although they give 2 times dividend a year but good enough... with the price of RM 1.02 So far, I haven't read any details on how much eps dilution to be expected for that. Thanks! |
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Nov 1 2013, 07:45 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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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 |
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Nov 1 2013, 08:57 PM
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Senior Member
2,406 posts Joined: Jul 2010 From: bandar Sunway
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QUOTE(yok70 @ Nov 1 2013, 07:38 PM) If you have info on how Stareit funds the new acquisitions of its Australia hotels, please share with us. another 2cents of mineSo far, I haven't read any details on how much eps dilution to be expected for that. Thanks! STAREIT Australia hotel acquisition costs about Rm1.3b.its LT borrowings increase from 180million to about 1.58bilion, which i assume should be used to finance this acquisition and there was this proposal to raise $800 milion by increasing fund size to 2.125bilion.i suppose this $800milion will be used to pare down the borrowings without more info its hard to do any analysis about eps dilution.have to wait for their upcoming financial result to know more i think |
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Nov 1 2013, 09:02 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(ryan18 @ Nov 1 2013, 08:57 PM) another 2cents of mine thanks.STAREIT Australia hotel acquisition costs about Rm1.3b.its LT borrowings increase from 180million to about 1.58bilion, which i assume should be used to finance this acquisition and there was this proposal to raise $800 milion by increasing fund size to 2.125bilion.i suppose this $800milion will be used to pare down the borrowings without more info its hard to do any analysis about eps dilution.have to wait for their upcoming financial result to know more i think 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. |
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Nov 2 2013, 12:35 PM
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Senior Member
10,001 posts Joined: May 2013
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Affin recommend Overweight on CMMT with FV @ 1.41
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Nov 4 2013, 05:12 PM
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Senior Member
10,001 posts Joined: May 2013
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Quarterly rpt on consolidated results for the financial period ended 30/9/2013
AL-HADHARAH BOUSTEAD REIT http://www.bursamalaysia.com/market/listed...cements/1452033 |
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Nov 4 2013, 05:18 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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AL-HADHARAH BOUSTEAD REIT
Net Asset Value ("NAV") per unit as at 30 September 2013: RM1.8095 |
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Nov 6 2013, 05:58 PM
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Senior Member
10,001 posts Joined: May 2013
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AMFIRST REAL ESTATE INVESTMENT TRUST
EX-date 19/11/2013 Entitlement date 21/11/2013 Entitlement time 05:00:00 PM Entitlement subject Income Distribution Entitlement description Interim income distribution of 3.65 sen per unit (of which 3.64 sen per unit is taxable and 0.01 sen per unit is tax exempt) in respect of six-month financial period ended 30 September 2013. Period of interest payment 01/04/2013 to 30/09/2013 Financial Year End 31/03/2014 Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements Registrar's name ,address, telephone no Symphony Share Registrars Sdn Bhd Level 6, Symphony House Block D13, Pusat Dagangan Dana 1 Jalan PJU 1A/46 47301 Petaling Jaya Selangor Tel : 03 - 7841 8000 Fax : 03 - 7841 8008 Payment date 05/12/2013 |
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Nov 6 2013, 05:59 PM
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Senior Member
10,001 posts Joined: May 2013
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Quarterly rpt on consolidated results for the financial period ended 30/9/2013
AMFIRST REAL ESTATE INVESTMENT TRUST http://www.bursamalaysia.com/market/listed...cements/1453613 |
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Nov 6 2013, 06:16 PM
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Senior Member
10,001 posts Joined: May 2013
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AL-HADHARAH BOUSTEAD REIT (“BOUSTEAD REIT”)
PROPOSED CONVERSION OF THE FUND TO A PRIVATE PROPERTY TRUST BY WAY OF AMENDMENTS TO THE TRUST DEED, PROPOSED SELECTIVE UNIT REDEMPTION EXERCISE AND PROPOSED SPECIAL DIVIDEND (“PROPOSALS”) http://www.bursamalaysia.com/market/listed...cements/1453853 |
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Nov 7 2013, 03:29 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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AmanahRaya extends lease of premises to Silver Bird Group
AmanahRaya-REIT Managers Sdn Bhd has agreed to extended the lease period for the premises occupied by Silver Bird Group Bhd for another one year at RM608,000 a month. Silver Bird Group said on Thursday it had received a letter dated Oct 31 from the solicitors for AmanahRaya to extend the lease for a further one year from Aug 16, 2013 upon the same terms and conditions. “The board felt that the rental sum was not reflective of the current commercial rate and intends to enter into further negotiations with AmanahRaya and also explore its options,” it said. |
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Nov 7 2013, 05:33 PM
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Senior Member
10,001 posts Joined: May 2013
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Quill Capita Trust : Corporate presentation slides dated 7 November 2013
http://www.bursamalaysia.com/market/listed...cements/1454429 |
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Nov 7 2013, 05:34 PM
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Senior Member
10,001 posts Joined: May 2013
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Quarterly rpt on consolidated results for the financial period ended 30/9/2013
QUILL CAPITA TRUST http://www.bursamalaysia.com/market/listed...cements/1454433 |
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Nov 7 2013, 05:35 PM
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Senior Member
10,001 posts Joined: May 2013
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Quill Capita Trust : News release - Quill Capita Trust reported Earnings Per Unit of 2.29 sen in 3Q 2013
http://www.bursamalaysia.com/market/listed...cements/1454425 |
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Nov 7 2013, 05:36 PM
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All Stars
21,311 posts Joined: Jan 2003 From: Kuala Lumpur
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QUOTE(wil-i-am @ Nov 7 2013, 05:35 PM) Quill Capita Trust : News release - Quill Capita Trust reported Earnings Per Unit of 2.29 sen in 3Q 2013 Kuala Lumpur, 7 November 2013: http://www.bursamalaysia.com/market/listed...cements/1454425 Quill Capita Management Sdn Bhd (“QCM”), the manager of Quill Capita Trust (“QCT”), a listed commercial real estate investment trust (“REIT”), wishes to announce that QCT’s realized net income was RM8.92 million for the quarter from 1 July to 30 September 2013 (“3Q 2013”). Correspondingly, QCT reported an earnings per unit (“EPU”) of 2.29 sen for 3Q 2013. This was a decrease of 4.1% from the realized EPU of 2.38 sen reported in the corresponding quarter in the preceding year (“3Q 2012”). Although QCT saw higher rental income contribution from a few of its properties, savings in finance cost and administrative expenses, the increase was offset by lower portfolio occupancy. |
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Nov 7 2013, 05:57 PM
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Senior Member
10,001 posts Joined: May 2013
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Quarterly rpt on consolidated results for the financial period ended 30/9/2013
PAVILION REAL ESTATE INVESTMENT TRUST http://www.bursamalaysia.com/market/listed...cements/1454961 |
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Nov 8 2013, 02:41 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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PNB said to hire banks to merge $4.7 billion of properties
Malaysia’s Permodalan Nasional Bhd. appointed banks including Credit Suisse Group AG and JPMorgan Chase & Co. to merge property assets valued at about 15 billion ringgit ($4.7 billion) before listing them as a possible trust next year, two people with knowledge of the matter said. The Southeast Asian nation’s biggest state-owned asset manager is also working with Malayan Banking Bhd., said the people, who asked not to be named as the information is private. Assets that will be restructured include properties in the U.K., Australia and Malaysia and real estate under PNB’s development arm I&P Group Sdn Bhd they said. |
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Nov 8 2013, 03:39 PM
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Junior Member
180 posts Joined: Jan 2003
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What happend to IGBREIT? Suddenly up so much...
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Nov 8 2013, 06:27 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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AL-HADHARAH BOUSTEAD REIT (“BOUSTEAD REIT”)
PROPOSED CONVERSION OF BOUSTEAD REIT TO A PRIVATE PROPERTY TRUST BY WAY OF AMENDMENTS TO THE TRUST DEED, PROPOSED SELECTIVE UNIT REDEMPTION EXERCISE AND PROPOSED SPECIAL DIVIDEND (“PROPOSALS”) http://www.bursamalaysia.com/market/listed...cements/1456717 |
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Nov 8 2013, 06:51 PM
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Junior Member
92 posts Joined: Mar 2005
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QUOTE(Chicken~:> @ Nov 8 2013, 03:39 PM) What happend to IGBREIT? Suddenly up so much... good counter selling at low price... potential growth...On 1st November, many people has been buying in the shares including IGB itself. http://www.bursamalaysia.com/market/listed...ll&company=5227 Support level at 1.20 - 1.22 |
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Nov 8 2013, 06:56 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(Chicken~:> @ Nov 8 2013, 03:39 PM) What happend to IGBREIT? Suddenly up so much... PAVreits also drop that much(-3sen).....stock maniuplation at rumor.This post has been edited by felixmask: Nov 8 2013, 06:57 PM |
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Nov 8 2013, 08:34 PM
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Senior Member
2,406 posts Joined: Jul 2010 From: bandar Sunway
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QUOTE(davinz18 @ Nov 8 2013, 02:41 PM) PNB said to hire banks to merge $4.7 billion of properties another REIT coming?Malaysia’s Permodalan Nasional Bhd. appointed banks including Credit Suisse Group AG and JPMorgan Chase & Co. to merge property assets valued at about 15 billion ringgit ($4.7 billion) before listing them as a possible trust next year, two people with knowledge of the matter said. The Southeast Asian nation’s biggest state-owned asset manager is also working with Malayan Banking Bhd., said the people, who asked not to be named as the information is private. Assets that will be restructured include properties in the U.K., Australia and Malaysia and real estate under PNB’s development arm I&P Group Sdn Bhd they said. let see what does PNB have?only offices.unless those under sp setia is also considered i.e. setia city mall |
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Nov 8 2013, 10:35 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(ryan18 @ Nov 8 2013, 08:34 PM) another REIT coming? merging in property, never mention about reits.let see what does PNB have?only offices.unless those under sp setia is also considered i.e. setia city mall http://www.theedgemalaysia.com/highlights/...-s-p-setia.html This post has been edited by felixmask: Nov 8 2013, 10:54 PM |
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Nov 9 2013, 01:55 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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QUOTE(ryan18 @ Nov 8 2013, 08:34 PM) another REIT coming? Possible REIT coming soon, but not confirm yet. It's won't involved SP Setia or Sime Darby let see what does PNB have?only offices.unless those under sp setia is also considered i.e. setia city mall |
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Nov 9 2013, 02:05 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(davinz18 @ Nov 9 2013, 01:55 PM) Possible REIT coming soon, but not confirm yet. It's won't involved SP Setia or Sime Darby got source link,i didnt spoted such news...... Thanks you. |
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Nov 9 2013, 02:45 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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QUOTE(felixmask @ Nov 9 2013, 02:05 PM) got source link,i didnt spoted such news...... http://www.theedgemalaysia.com/business-ne...properties.html Thanks you. |
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Nov 9 2013, 04:01 PM
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(davinz18 @ Nov 9 2013, 02:45 PM) Still too early |
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Nov 9 2013, 04:16 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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QUOTE(wil-i-am @ Nov 9 2013, 04:01 PM) Still too early Juz sharing information only, final decision on what type listing is done by PNB B.O.D & their "advisers" |
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Nov 11 2013, 05:26 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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Third Interim Dividend of 2.6 sen gross per HEKTAR REIT unit for the third quarter ended 30 September 2013.
EX-date 25/11/2013 Entitlement date 27/11/2013 Payment date 12/12/2013 Quarterly rpt on consolidated results for the financial period ended 30/9/2013 http://www.bursamalaysia.com/market/listed...cements/1457221 This post has been edited by davinz18: Nov 11 2013, 05:27 PM |
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Nov 11 2013, 07:39 PM
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Senior Member
2,406 posts Joined: Jul 2010 From: bandar Sunway
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CIMB report on Pavilion REIT
TP 1.46 and its on track to meet CIMB projection of 7.4sen DPU https://brokingrfs.cimb.com/FLLlgDGZg50uX2W...cNiMGCfcHg2.pdf |
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Nov 11 2013, 10:18 PM
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Senior Member
10,001 posts Joined: May 2013
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AL-`AQAR HEALTHCARE REIT (“AL-`AQAR”)
- PROPOSED ESTABLISHMENT OF DISPOSAL FEE - PROPOSED AMENDMENTS COLLECTIVELY REFERRED TO AS THE “PROPOSALS” http://www.bursamalaysia.com/market/listed...cements/1457193 |
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Nov 12 2013, 04:32 PM
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Senior Member
2,429 posts Joined: Jul 2007
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is HEKTAR worth to invest in view of smaller capitalization retail REIT with focus on small towns malls? I also understand that their debt limit is close to max allowed limit.
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Nov 13 2013, 07:44 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(jutamind @ Nov 12 2013, 04:32 PM) is HEKTAR worth to invest in view of smaller capitalization retail REIT with focus on small towns malls? I also understand that their debt limit is close to max allowed limit. next year yield could be flat. but flat means net yield of around 6.6%. good enough for you? |
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Nov 13 2013, 10:55 PM
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Senior Member
10,001 posts Joined: May 2013
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Rhb recommend Neutral on Hektar with FV @ 1.46
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Nov 14 2013, 03:56 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(wil-i-am @ Nov 13 2013, 10:55 PM) Rhb recommend Neutral on Hektar with FV @ 1.46 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. |
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Nov 14 2013, 05:35 AM
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Junior Member
92 posts Joined: Mar 2005
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US FED will have their discussion on the 16 - 17 December whether is US going to keep it's bond buying for other countries...
the New president will make her first public speech by then... I hate all the federal US thingy, it's like, they are in the position where every word they say, it will affect the share / bond / equity / currency market to go volatile ... |
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Nov 14 2013, 08:06 AM
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Senior Member
2,429 posts Joined: Jul 2007
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QUOTE(yok70 @ Nov 13 2013, 07:44 PM) next year yield could be flat. yield of 6.6% is as of current price of 1.5x? this is pretty good...but flat means net yield of around 6.6%. good enough for you? however, i currently have igbreit and sunreit...not sure whether worth adding another retail reit in my reit portfolio |
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Nov 14 2013, 09:19 AM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(lowhankim @ Nov 14 2013, 05:35 AM) US FED will have their discussion on the 16 - 17 December whether is US going to keep it's bond buying for other countries... Hate wont helping to earn MONEY....GAMBLING during uncertainity;made investory adeline blood taking risk to earn MONEY.the New president will make her first public speech by then... I hate all the federal US thingy, it's like, they are in the position where every word they say, it will affect the share / bond / equity / currency market to go volatile ... Forgive me, i believe alot Sifu start to ROLL their dice...must be excited to continue to learn/read from STOCK sifu. My 2sen dont need make hate as weapon as destruction, but a tool to Learning Opportunity and Mistake. Only experience equip Investory sail thru UNCERTANITY. Hope this will boild adeline for ALL INVESTOR. Attached thumbnail(s) 
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Nov 14 2013, 09:46 AM
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Junior Member
92 posts Joined: Mar 2005
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QUOTE(felixmask @ Nov 14 2013, 09:19 AM) Hate wont helping to earn MONEY....GAMBLING during uncertainity;made investory adeline blood taking risk to earn MONEY. lol... thanks... I was merely just expressing Forgive me, i believe alot Sifu start to ROLL their dice...must be excited to continue to learn/read from STOCK sifu. My 2sen dont need make hate as weapon as destruction, but a tool to Learning Opportunity and Mistake. Only experience equip Investory sail thru UNCERTANITY. Hope this will boild adeline for ALL INVESTOR. thou I am starting to accumulate some as some companies are all time low thanks for the cheering Peace~~~ |
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Nov 14 2013, 09:58 AM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(lowhankim @ Nov 14 2013, 05:35 AM) US FED will have their discussion on the 16 - 17 December whether is US going to keep it's bond buying for other countries... Fed position is clearly known to public.the New president will make her first public speech by then... I hate all the federal US thingy, it's like, they are in the position where every word they say, it will affect the share / bond / equity / currency market to go volatile ... If economy data not good, then QE highly will stay. If economy data good, then tapering is just matter of time. It is investors and speculators make it volatile. It is not a case tapering will come in surprise at all. Everyone already anticipated it, why investors in the market make it like a surprise? Aka whenever tapering, some act like panic or like end of the world, that I cannot comprehend. Also QE cannot go forever, if forever, it means Fed bought every bond, mortgages securities out there and own all of it? |
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Nov 14 2013, 10:09 AM
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Junior Member
92 posts Joined: Mar 2005
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QUOTE(cherroy @ Nov 14 2013, 09:58 AM) Fed position is clearly known to public. True true, but there are many individual investors that has been selling share price at a lost as their mindset is that... FED got problem, SeLL at a lost to cut lost... If economy data not good, then QE highly will stay. If economy data good, then tapering is just matter of time. It is investors and speculators make it volatile. It is not a case tapering will come in surprise at all. Everyone already anticipated it, why investors in the market make it like a surprise? Aka whenever tapering, some act like panic or like end of the world, that I cannot comprehend. Also QE cannot go forever, if forever, it means Fed bought every bond, mortgages securities out there and own all of it? I totally disagree with investors with limited knowledge and act towards it... however it's also good for true investors that start to accumulate shares at this moment. with and oh well, for me, it's great timing to purchase some REIT shares now to get more then 5% in yearly dividend. |
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Nov 14 2013, 11:08 AM
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Senior Member
2,635 posts Joined: Jun 2011 From: bohtakchik
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when can the REITS rise again?
not looking for massive increases, but at least something more positive... stagnant now or dropping |
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Nov 14 2013, 11:35 AM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(lambethwalk @ Nov 14 2013, 11:08 AM) when can the REITS rise again? moslty Reits look at yield.not looking for massive increases, but at least something more positive... stagnant now or dropping When the MGS or US Treasurey Bill interest/rate go down;then you can see REITS Rise. Ditto ; you can see REITS move other way. Special thanks to our gark and cherroy enlighthment me previous. |
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Nov 14 2013, 01:25 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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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 |
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Nov 14 2013, 01:29 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(lowhankim @ Nov 14 2013, 10:09 AM) True true, but there are many individual investors that has been selling share price at a lost as their mindset is that... FED got problem, SeLL at a lost to cut lost... My personal opinion, 5% is a bit too low for reit yield. I totally disagree with investors with limited knowledge and act towards it... however it's also good for true investors that start to accumulate shares at this moment. with and oh well, for me, it's great timing to purchase some REIT shares now to get more then 5% in yearly dividend. As one only get extra around 1.5% as compared to FD/sovereign bond, with more risk exposure. If more 6~7% then different story. So I won't say at current 5% yield is a "great" timing. Great timing was happening last time when reit was relative unknown/unfamiliar to most time, aka that time most reit having 7~8% across. |
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Nov 14 2013, 01:32 PM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(jutamind @ Nov 14 2013, 08:06 AM) yield of 6.6% is as of current price of 1.5x? this is pretty good... yes, at current price.however, i currently have igbreit and sunreit...not sure whether worth adding another retail reit in my reit portfolio 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. |
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Nov 14 2013, 01:36 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(felixmask @ Nov 14 2013, 11:35 AM) moslty Reits look at yield. Treasuries direction highly may on the up, instead of down with tapering is on the card next year. When the MGS or US Treasurey Bill interest/rate go down;then you can see REITS Rise. Ditto ; you can see REITS move other way. Special thanks to our gark and cherroy enlighthment me previous.Unless we see poor economy data, then make Fed reluctantly to do tapering. So I am not that bullish on reit, unless it gives good attractive yield. Having said that, I am not bearing on it either, as selling reit that carrying 5~6%, get cash. where to find a 5~6% yield investment target? Very difficult. So do not expect capital appreciation for reit for near to mid-term, whereby currently is about yield play, if one interested in reit. |
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Nov 14 2013, 05:40 PM
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Senior Member
2,635 posts Joined: Jun 2011 From: bohtakchik
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thanks for all the input everyone
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Nov 15 2013, 11:18 AM
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Junior Member
92 posts Joined: Mar 2005
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QUOTE(cherroy @ Nov 14 2013, 01:29 PM) My personal opinion, 5% is a bit too low for reit yield. then when is a good time to accumulate ?As one only get extra around 1.5% as compared to FD/sovereign bond, with more risk exposure. If more 6~7% then different story. So I won't say at current 5% yield is a "great" timing. Great timing was happening last time when reit was relative unknown/unfamiliar to most time, aka that time most reit having 7~8% across. Rental incomes goes up continuously... apparently even yearly... now is the down turn as the country leader is moving towards muslim economy which drives our economy lower everyday (syariah-compliance) and etc... |
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Nov 15 2013, 12:58 PM
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Senior Member
1,449 posts Joined: Dec 2007
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QUOTE(lowhankim @ Nov 15 2013, 11:18 AM) then when is a good time to accumulate ? rental cant go up continuously 1, some of the strategic place in hongkong ady left out for months due to high rentalRental incomes goes up continuously... apparently even yearly... now is the down turn as the country leader is moving towards muslim economy which drives our economy lower everyday (syariah-compliance) and etc... |
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Nov 15 2013, 02:08 PM
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Junior Member
92 posts Joined: Mar 2005
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QUOTE(holybo @ Nov 15 2013, 12:58 PM) rental cant go up continuously 1, some of the strategic place in hongkong ady left out for months due to high rental True also la... Hong kong rental was fly high ... the last time i enquire a 80 sqft also cost me RM 23,000.00 per month... crazy...Malaysia still ok, as our area are concentrated ... Mid Valley or Sunway still consider not bad... But recently the syariah compliance law are a turn off to many investors in Malaysia... |
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Nov 15 2013, 02:15 PM
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Senior Member
1,637 posts Joined: Mar 2010 From: Bolehland
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QUOTE(lowhankim @ Nov 15 2013, 02:08 PM) True also la... Hong kong rental was fly high ... the last time i enquire a 80 sqft also cost me RM 23,000.00 per month... crazy... what do you mean by syariah compliance law?Malaysia still ok, as our area are concentrated ... Mid Valley or Sunway still consider not bad... But recently the syariah compliance law are a turn off to many investors in Malaysia... |
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Nov 15 2013, 02:21 PM
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Junior Member
92 posts Joined: Mar 2005
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QUOTE(twhong_91 @ Nov 15 2013, 02:15 PM) what do you mean by syariah compliance law? you can read more herehttp://www.min.com.my/articles/investment/...curities-part-1 and many shares has been an issue if they keep cash in hand for more then 33% over their total asset... Silver bird, Padini and some construction company kena de-indices out from the member group... |
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Nov 15 2013, 05:21 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
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Something that I am waiting for,
Today's announcement Kumpulan Wang Persaraan (Diperbadankan) acquired 1,000,000 of IGBREIT. Finally. |
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Nov 15 2013, 05:27 PM
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Senior Member
2,677 posts Joined: Dec 2010
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QUOTE(panasonic88 @ Nov 15 2013, 05:21 PM) Something that I am waiting for, You still having IGBREIT? I thought you disposed this long time ago.Today's announcement Kumpulan Wang Persaraan (Diperbadankan) acquired 1,000,000 of IGBREIT. Finally. |
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Nov 15 2013, 05:30 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
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QUOTE(CP88 @ Nov 15 2013, 05:27 PM) You still having IGBREIT? I thought you disposed this long time ago. Sold long time ago.Too much market share, not easy to push up. Too little dividend. Don't forsee injecting new assets under the portfolio in short term for more rental income. Now see gomen funds coming That's what I've been waiting for. That's it |
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Nov 15 2013, 05:34 PM
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Senior Member
2,677 posts Joined: Dec 2010
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QUOTE(panasonic88 @ Nov 15 2013, 05:30 PM) Sold long time ago. Ooh! Thought your're coming in back again for the ride. Too much market share, not easy to push up. Too little dividend. Don't forsee injecting new assets under the portfolio in short term for more rental income. Now see gomen funds coming That's what I've been waiting for. That's it |
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Nov 15 2013, 10:33 PM
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Senior Member
10,001 posts Joined: May 2013
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AXIS REAL ESTATE INVESTMENT TRUST
Recurrent and Optional Income Distribution Reinvestment Plan ("IDRP") applicable to 2013 Third Interim Income Distribution - Notice of Election Reference is made to the announcement dated 21 October 2013 in relation to the IDRP that allows unitholders of Axis Real Estate Investment Trust ("Axis-REIT") to reinvest their income distribution in new units in Axis-REIT applicable to the 2013 Third Interim Income Distribution. The Board of Directors of Axis REIT Managers Berhad, the management company of Axis-REIT, wishes to announce that the Notice of Election in relation to the aforesaid IDRP will be despatched to the unitholders of Axis-REIT on 18 November 2013. This announcement is dated 15 November 2013. |
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Nov 16 2013, 05:48 PM
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Junior Member
191 posts Joined: Apr 2009
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Anyone here receive the documents from BSDReit?
What should I need to do next with the proxy form? |
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Nov 16 2013, 11:59 PM
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(gvr @ Nov 16 2013, 05:48 PM) Anyone here receive the documents from BSDReit? Rec'dWhat should I need to do next with the proxy form? Either u attend or nominate some1 to attend n vote on yo behalf |
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Nov 17 2013, 12:07 AM
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Junior Member
191 posts Joined: Apr 2009
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QUOTE(wil-i-am @ Nov 16 2013, 11:59 PM) Rec'd what if I don't know anyone that can attend on my behalf?Either u attend or nominate some1 to attend n vote on yo behalf just leave it? |
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Nov 17 2013, 12:11 AM
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(gvr @ Nov 17 2013, 12:07 AM) what if I don't know anyone that can attend on my behalf? Yupjust leave it? |
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Nov 17 2013, 01:26 AM
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Junior Member
191 posts Joined: Apr 2009
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QUOTE(wil-i-am @ Nov 17 2013, 12:11 AM) Yup well ok then, thanks for your advice. |
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Nov 19 2013, 08:21 AM
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Senior Member
10,001 posts Joined: May 2013
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Quarterly rpt on consolidated results for the financial period ended 30/9/2013
TOWER REAL ESTATE INVESTMENT TRUST http://www.bursamalaysia.com/market/listed...cements/1465033 |
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Nov 20 2013, 01:01 AM
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Senior Member
10,001 posts Joined: May 2013
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Quarterly rpt on consolidated results for the financial period ended 30/9/2013
UOA REAL ESTATE INVESTMENT TRUST http://www.bursamalaysia.com/market/listed...cements/1465893 |
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Nov 20 2013, 08:05 AM
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Senior Member
4,174 posts Joined: Dec 2008
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QUOTE(wil-i-am @ Nov 15 2013, 10:33 PM) AXIS REAL ESTATE INVESTMENT TRUST Is it better to elect RE-INVESTMENT or to collect cash?Recurrent and Optional Income Distribution Reinvestment Plan ("IDRP") applicable to 2013 Third Interim Income Distribution - Notice of Election Reference is made to the announcement dated 21 October 2013 in relation to the IDRP that allows unitholders of Axis Real Estate Investment Trust ("Axis-REIT") to reinvest their income distribution in new units in Axis-REIT applicable to the 2013 Third Interim Income Distribution. The Board of Directors of Axis REIT Managers Berhad, the management company of Axis-REIT, wishes to announce that the Notice of Election in relation to the aforesaid IDRP will be despatched to the unitholders of Axis-REIT on 18 November 2013. This announcement is dated 15 November 2013. whats the pros and cons. Previously I have elected the re-investment.. and now have ODD LOTS. What other benefits of electing re-investment. I know that the units we obtain is cheaper than buying from market. |
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Nov 20 2013, 08:22 AM
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Elite
5,608 posts Joined: May 2011 From: Here, There, Everywhere
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QUOTE(elea88 @ Nov 20 2013, 08:05 AM) Is it better to elect RE-INVESTMENT or to collect cash? My personal thoughts & executed for SG REITs with reinvestment option:whats the pros and cons. Previously I have elected the re-investment.. and now have ODD LOTS. What other benefits of electing re-investment. I know that the units we obtain is cheaper than buying from market. 1. IF the price of reinvesment is "NOT of value" (up to U to decide - be it based on net DY%, Price vs NAV, etc.), then no lor 2. IF decision (1) is to reinvest, THEN am i OK with holding Odd Lots? ie. will i be sitting on this for looooong term, thus odd lots dont bother me? 3. Execute reinvest or get $ Simplistic thinking heheh |
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Nov 20 2013, 09:20 AM
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Senior Member
16,872 posts Joined: Jun 2011
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QUOTE(wongmunkeong @ Nov 20 2013, 08:22 AM) My personal thoughts & executed for SG REITs with reinvestment option: Odd Lots??? Ok, no DRIP for me 1. IF the price of reinvesment is "NOT of value" (up to U to decide - be it based on net DY%, Price vs NAV, etc.), then no lor 2. IF decision (1) is to reinvest, THEN am i OK with holding Odd Lots? ie. will i be sitting on this for looooong term, thus odd lots dont bother me? 3. Execute reinvest or get $ Simplistic thinking heheh I've never thought of it before This post has been edited by Pink Spider: Nov 20 2013, 09:20 AM |
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Nov 20 2013, 09:50 AM
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(elea88 @ Nov 20 2013, 08:05 AM) Is it better to elect RE-INVESTMENT or to collect cash? It depends on yo investment objectivewhats the pros and cons. Previously I have elected the re-investment.. and now have ODD LOTS. What other benefits of electing re-investment. I know that the units we obtain is cheaper than buying from market. If u choose reinvestment for compound purpose, IDRP is gud |
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Nov 20 2013, 06:53 PM
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Senior Member
10,001 posts Joined: May 2013
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AL-HADHARAH BOUSTEAD REIT (“BOUSTEAD REIT”)
PROPOSED CONVERSION OF BOUSTEAD REIT TO A PRIVATE PROPERTY TRUST BY WAY OF AMENDMENTS TO THE TRUST DEED, PROPOSED SELECTIVE UNIT REDEMPTION EXERCISE AND PROPOSED SPECIAL DIVIDEND (“PROPOSALS”) Reference is made to Boustead REIT’s announcements dated 16 July 2013, 30 July 2013, 12 September 2013, 13 September 2013, 6 November 2013 and 8 November 2013 in relation to the Proposals. On behalf of the Board of Directors of Boustead REIT Managers Sdn Bhd, AFFIN Investment Bank Berhad wishes to announce that the Independent Advice Circular (“IAC”) in relation to the Proposals has been despatched to the unitholders of Boustead REIT (“Unitholders”) on 20 November 2013. Unitholders are advised to read the IAC together with the circular and explanatory statement dated 12 November 2013 which was despatched to the Unitholders on 12 November 2012. A copy of the IAC is available for download on the website of Bursa Malaysia Securities Berhad at www.bursamalaysia.com. |
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Nov 20 2013, 07:12 PM
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Senior Member
10,001 posts Joined: May 2013
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AMANAHRAYA REAL ESTATE INVESTMENT TRUST
EX-date 03/12/2013 Entitlement date 05/12/2013 Entitlement time 04:00:00 PM Entitlement subject Income Distribution Entitlement description Third Interim Income Distribution of 1.8145 sen per ARREIT unit (taxable of 1.7366 sen per unit and tax-exempt of 0.0779 sen per unit) for the financial year ending 31 December 2013. Period of interest payment to Financial Year End 31/12/2013 Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements Registrar's name ,address, telephone no Symphony Share Registrars Sdn Bhd Level 6 Symphony House Block D13 Pusat Dagangan Dana 1 Jalan PJU 1A/46 47301 Petaling Jaya Selangor Darul Ehsan Tel.: 03-7841 8000 Payment date 31/12/2013 |
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Nov 20 2013, 07:12 PM
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Senior Member
10,001 posts Joined: May 2013
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Quarterly rpt on consolidated results for the financial period ended 30/9/2013
AMANAHRAYA REAL ESTATE INVESTMENT TRUST http://www.bursamalaysia.com/market/listed...cements/1466789 |
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Nov 20 2013, 07:17 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(wil-i-am @ Nov 20 2013, 06:53 PM) AL-HADHARAH BOUSTEAD REIT (“BOUSTEAD REIT”) any one has BSDreits ?PROPOSED CONVERSION OF BOUSTEAD REIT TO A PRIVATE PROPERTY TRUST BY WAY OF AMENDMENTS TO THE TRUST DEED, PROPOSED SELECTIVE UNIT REDEMPTION EXERCISE AND PROPOSED SPECIAL DIVIDEND (“PROPOSALS”) Reference is made to Boustead REIT’s announcements dated 16 July 2013, 30 July 2013, 12 September 2013, 13 September 2013, 6 November 2013 and 8 November 2013 in relation to the Proposals. On behalf of the Board of Directors of Boustead REIT Managers Sdn Bhd, AFFIN Investment Bank Berhad wishes to announce that the Independent Advice Circular (“IAC”) in relation to the Proposals has been despatched to the unitholders of Boustead REIT (“Unitholders”) on 20 November 2013. Unitholders are advised to read the IAC together with the circular and explanatory statement dated 12 November 2013 which was despatched to the Unitholders on 12 November 2012. A copy of the IAC is available for download on the website of Bursa Malaysia Securities Berhad at www.bursamalaysia.com. Did anyone read proposal conversion mention it will convert to BSDplantation share? |
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Nov 20 2013, 07:19 PM
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Senior Member
10,001 posts Joined: May 2013
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QUOTE(felixmask @ Nov 20 2013, 07:17 PM) any one has BSDreits ? I haveDid anyone read proposal conversion mention it will convert to BSDplantation share? Unit holders will get RM2.10/share oni |
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Nov 20 2013, 09:06 PM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(wil-i-am @ Nov 20 2013, 07:19 PM) I have rm2.10 the privatizing premium. I wonder do they mention to convert rm1.94 to Bousted Plantation soon be listed.Unit holders will get RM2.10/share oni I read somewhere from news....but in proposal couldn't find Do recall come thru such news. This post has been edited by felixmask: Nov 20 2013, 09:09 PM |
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Nov 21 2013, 03:33 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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Moody's upgrade may attract FF back to our bond market?.....only time will tell.
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Nov 21 2013, 08:59 AM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(yok70 @ Nov 21 2013, 03:33 AM) Moody's upgrade may attract FF back to our bond market?.....only time will tell. I assumption that BNM wont increase the leanding rate for few year down the road. Reits will not indicative volatile due to stable MGS. Calling cherroy , gark , sky1809 pls put some economic opinion.... sifu... This post has been edited by felixmask: Nov 21 2013, 09:00 AM |
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Nov 21 2013, 09:54 AM
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Senior Member
6,356 posts Joined: Aug 2008
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QUOTE(felixmask @ Nov 21 2013, 08:59 AM) I assumption that BNM wont increase the leanding rate for few year down the road. my humble appologize...only spotted by MEDIA speculationReits will not indicative volatile due to stable MGS. Calling cherroy , gark , sky1809 pls put some economic opinion.... sifu... http://www.theedgemalaysia.com/business-ne...few-months.html " Wall Str sags; FED minutes hints of tapering in next few month. " at the edges Looking the another Tubulance Media effect becoz of FED tapering QE. Forgive me summone sifu.. This post has been edited by felixmask: Nov 21 2013, 09:55 AM |
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Nov 21 2013, 03:07 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(felixmask @ Nov 21 2013, 08:59 AM) I assumption that BNM wont increase the leanding rate for few year down the road. My opinion, Reits will not indicative volatile due to stable MGS. Calling cherroy , gark , sky1809 pls put some economic opinion.... sifu... unless we see GDP number is good, more than 5~6%, with robust export and domestic consumption, I do not see high chance that BNM raising rate. While Malaysia does not facing what Indonesia is facing, high current account deficit + trade deficit, so raising rate to counter the deficit situation is not needed. See recent cooling measure on property sector, no DIBS, higher RPGT, and the most recent must at net selling price (to prevent the loophole of DIBS), BNM is reluctant to raise rate to cool down the property. I know some analysts said, inflation will be higher due to subsidy cut, GST in the coming future, that could be to rate being raised, but subsidy cut, GST is a cost driven inflation, raising rate won't able to cool it down. Raising interest rate only can cool down the demand driven inflation, aka you push up the borrowing cost, which make people rely on credit to consume to back off. Subsidy cut and GST is a cost push inflation. Whether demand is red hot or not, the price also need be raised by manufacturers/producers due to higher cost incurred. So raising rate won't able to make producers sell at cheaper price. |
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Nov 21 2013, 08:55 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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STARHILL REAL ESTATE INVESTMENT TRUST
Interim Income Distribution of 1.9175 sen per unit (of which is taxable in the hands of unitholders) in respect of the financial quarter ended 30 September 2013 EX-date 04/12/2013 Entitlement date 06/12/2013 Payment date 27/12/2013 Last Done rm1.020, unchange This post has been edited by davinz18: Nov 21 2013, 11:09 PM |
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Nov 21 2013, 08:57 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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STARHILL REAL ESTATE INVESTMENT TRUST (“TRUST”)
- CHANGE IN INCOME DISTRIBUTION FREQUENCY FROM HALF-YEARLY TO QUARTERLY (effective the financial year ending 30 June 2014) Quarterly rpt on consolidated results for the financial period ended 30/9/2013 http://www.bursamalaysia.com/market/listed...cements/1469021 |
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Nov 22 2013, 01:30 AM
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All Stars
21,311 posts Joined: Jan 2003 From: Kuala Lumpur
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STAREIT change to Quarterly Dividend payout.... good or bad news ?
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Nov 22 2013, 05:28 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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10-yr MGS hits above 4% today!
wow....REIT in danger..... |
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Nov 22 2013, 09:47 AM
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Senior Member
4,174 posts Joined: Dec 2008
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QUOTE(yok70 @ Nov 22 2013, 05:28 AM) 10-yr MGS hits above 4% today! Start collecting? that will increase the dividends received right?wow....REIT in danger..... |
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Nov 22 2013, 10:14 AM
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All Stars
12,698 posts Joined: Jun 2010 From: kuala lumpur
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QUOTE(elea88 @ Nov 22 2013, 09:47 AM) Start collecting? that will increase the dividends received right? no, a higher bond yield means lower REIT's valuation. |
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Nov 22 2013, 11:02 AM
Show posts by this member only | IPv6 | Post
#500
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Senior Member
3,815 posts Joined: Feb 2012
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QUOTE(yok70 @ Nov 22 2013, 05:28 AM) 10-yr MGS hits above 4% today! So that means we expect REIT DY of at least 6% wow....REIT in danger..... |
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