Axis Reit acquire 3 properties @ Shah Alam for RM280 mil cash
http://www.bursamalaysia.com/market/listed...cements/1701845

The Edge report:
http://www.theedgemalaysia.com/business-ne...r-rm2805m-.html

Will this be yield accretive?

In the statement, it does state the yield is about 7% and funding of it through borrowing.
So it should be.

Analysts don't seem too bullish on AxisREIT though...

1. Market price has some premium (a bit high, my view)
2. Property market softening and may undergo correction phase especially office space.
3. GST introduction may hamper economy for some period of time, hence affecting property rental market.
4. Interest rate trend upward, reit becomes less attractive if the gap between FD and reit is too narrow, as well as potential higher borrowing cost for refinancing in the future.
5. QE tapering, less foreign investment money inflow, in fact, may result in outflow.

So you have little bullish factor across, quite a straight forward call for analysts.

Having said that,
future is always an unknown factor, if it is as easy as analysts pan out each time, aka following each call made by analysts (if they call buy, we buy. They call it sell, we sell)
and get it correct , we may not have any investors losing money in the stock market at all.

among IGBREIT,HEKTAREIT and CMMT, which one has the highest rental revision yoy in the past?

I think the price/yield premium commanded by IGBREIT tells u everything

http://lcchong.wordpress.com/2013/11/09/re...free-cash-flow/

got time to do?

NO!

Axis REIT portfolio to reach RM2b by year-end, says CEO
http://www.theedgemalaysia.com/business-ne...d-says-ceo.html

REITS won't b affected by another OPR hike
http://www.theedgemalaysia.com/business-ne...y-analysts.html

http://mreit.reitdata.com/

10 % yield?
YTLREIT

Incorrect as d calculation took latest qtrly dividend to annualize
In fact, should use 8.4613 cents as tis is actual dividend for FYE 30/6/14

Should take last 12 months dividends to calculate.

Taking latest dividend and annualise it is not a good calculation, IMHO

Is it a good buy now? Want to jump in.

Yup as d gross DY is around 8.76%

You can't straight away take the figure to conclude.

The are part of cashflow (that enable the DPS amount being given) is coming from depreciation.

You can see from the Q result March 14, EPS is lower than the DPS.
EPS 1.19
DPS 2.08

Actually, the earning number or realised EPS is not that good.
If the DPS is solely come from EPS, market price for YTLreit won't be below RM1.00 with >8% already.

This post has been edited by cherroy: Aug 11 2014, 04:35 PM

Thanks. It is picking up after fallen to the lowest.

Jump in now.

cherroy, Among so many reits which will you favour? The one with growth but low yield or the one that has high yield like YTLR?

For growth look at IGBREIT and CMMT, but yield not exciting, net 5%+ only.

High yield? UOA and ATRIUM, 6-7%

YTL is hospital oops I mean hotel REIT, I not comfortable with the intrinsic volatile occupancy.

This post has been edited by Pink Spider: Aug 11 2014, 04:55 PM