KLCCP dividend received.and nice to see REIT all green today

KLCC REIT dividend received.1 lot only 2.88 lol

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

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

well maybe not since the 740% is compared with last year result when IGB REIT just started ops
more meaningful to compare with q2 50.7m so its 6.5% improvement

let me be a part time analyst and do my 2cent analysis lol
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

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)

another 2cents of mine
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

another REIT coming?
let see what does PNB have?only offices.unless those under sp setia is also considered i.e. setia city mall

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

same here but all small small one

was reading The Edge just now.and there is this article about how DBKL hike in assessment/quit rent will affect REIT.CEO of Axis REIT says no affect at all since, there is a clause in their tenancy contract that states any rise in assessment/quit rent could be passed on to the tenants
and CIMB Research report that i just read said that we should not accumulate REIT due to the risk of rising interest rate

quote from the report
We think that investors should not accumulate REITs due to the risk of rising interest rates, which would dampen sentiment on the sector.

However, it does mean that the operating environment will become more challenging for the REITs, given the other extra costs that the tenants have to absorb such as the GST and the possibly higher electricity rates.


This post has been edited by ryan18: Nov 26 2013, 07:48 PM

some update on sunway reit:according to cimb research report, the management plan to accelerate AEI of Sunway Putra and expected to be completed CY-2015.as a result,FY2014 result are expected to be weak

CMMT is very sad case haha.seen its better days when it hit almost $2
STAREIT is slow and steady (+/- 10%) change in price

This post has been edited by ryan18: Dec 3 2013, 09:20 PM

so speak of REIT AGM which one is the best?(in terms of freebies) haha

http://www.theedgemalaysia.com/business-ne...VN9czY.facebook

PERSAMA said current online retail trading with disorderly brokerage created an uneven playing field giving advantage to high frequency trading,thus making share price very volatile.

well for a start if brokerage is stuck at $28 i wont be even in the market,unless i have larger amount of capital
unlike some of the sifus here who invest in 4-5 figure or more for a share haha

This post has been edited by ryan18: Dec 9 2013, 09:43 PM

pavreit go down a lot(3%) until i get a notification from cimb lol.anyway i think i should keep calm n continue REITing haha

buy last yr now -ve capital gain lol,havents accounted if dividend manage to offset the capital loss

looking at that with my current monthly passive income from dividend of about $45,i have a very long way to go to even reach $1,000 passive income per month haha

This post has been edited by ryan18: Dec 14 2013, 09:41 PM

well i think i have gone a long way since 2yr ago, from a paltry $500 portfolio to now $11,000 (at cost price).still wanted to build it further though,when i have saved enough

This post has been edited by ryan18: Dec 14 2013, 10:43 PM