anyone look into KLCC b4? It is not a REIT but a stapled securities.
Anyway to evaluate it,like a stock or a REIT?
M Reits Version 6, Malaysia Real Estate Investment Trust
M Reits Version 6, Malaysia Real Estate Investment Trust
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Aug 15 2014, 02:27 PM
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All Stars
10,596 posts Joined: Jan 2003 From: Hinamizawa |
anyone look into KLCC b4? It is not a REIT but a stapled securities.
Anyway to evaluate it,like a stock or a REIT? |
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Aug 15 2014, 02:28 PM
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Senior Member
6,356 posts Joined: Aug 2008 |
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Aug 15 2014, 02:30 PM
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Senior Member
16,872 posts Joined: Jun 2011 |
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Aug 15 2014, 02:32 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(jasonkwk @ Aug 15 2014, 02:14 PM) do u want to invest in an REIT that never increase its distribution for the past 11 times? if you dont mind, then invest in ATRIUM. To be fair, Atrium apart the hiccup once in losing one of the property tenant (for a period of time), the rest of the time, is pretty stable throughout.btw, It is in my no need see REIT list, REIT which has low negotiating power to increase rental reversion. All DPU come from rental reversion and reduce debt cost at the same time.Debt rate is control by Bank Negara and investment sentiment. But you can control the tenant you want and do AEI or increase traffic to increase rental revision. It is not that bad although lack of earning improvement and diversification as well as property injection activities, considered that when I bought it with net yield about 8%. So already collected it for more than 5~6 years (can't remember when already) with around net 8 cents each year (apart from one year with drop in DPU as mentioned reason) |
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Aug 15 2014, 02:34 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(Pink Spider @ Aug 15 2014, 02:30 PM) nonono It is not that bad as mentioned my post above.I was asking him whether Atrium is the one that he disagreed with me cherroy puts it well, I just removed Atrium from my watchlist But still prefer go to big cap reit, size and diversication does matter in reit. |
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Aug 15 2014, 02:35 PM
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Senior Member
1,449 posts Joined: Dec 2007 |
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Aug 15 2014, 02:40 PM
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Senior Member
16,872 posts Joined: Jun 2011 |
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Aug 15 2014, 02:40 PM
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Senior Member
6,356 posts Joined: Aug 2008 |
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Aug 15 2014, 02:46 PM
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Senior Member
1,449 posts Joined: Dec 2007 |
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Aug 15 2014, 04:12 PM
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Senior Member
6,356 posts Joined: Aug 2008 |
QUOTE(holybo @ Aug 15 2014, 02:46 PM) I have others. Just I can't find value in other stocks too. Looking for long term 1. Started investment in bull market not a good thing for long term investment right? TRUE....but assume the BULL still ongoing where KCI can reach above 2000..thenis capital appreciation. is assume. <???? Financial Crisis????>..when happen fast fast sell. Down the road, you can see few correction happening...HEART MUST BE STEADY. This post has been edited by felixmask: Aug 15 2014, 04:12 PM |
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Aug 15 2014, 04:18 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(felixmask @ Aug 15 2014, 04:12 PM) TRUE....but assume the BULL still ongoing where KCI can reach above 2000..then With interest rate trending upward, property market seems to slow down, GST looming, I doubt there will be much capital appreciation for reit for short to medium term.is capital appreciation. is assume. <???? Financial Crisis????>..when happen fast fast sell. Down the road, you can see few correction happening...HEART MUST BE STEADY. Consolidation should be the trend for reit, I forsee reit price to be traded in range bound for yield play for short to medium term. I cannot brain any reason for reit to shoot up 10~20% from current pricing generally for most reit that under 5~6% unless due to individual reit yield improvement. Want capital appreciation, better go for O&G sector stocks or ordinary stock. |
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Aug 15 2014, 04:22 PM
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Senior Member
6,356 posts Joined: Aug 2008 |
QUOTE(cherroy @ Aug 15 2014, 04:18 PM) With interest rate trending upward, property market seems to slow down, GST looming, I doubt there will be much capital appreciation for reit for short to medium term. sorry i refering stock...Consolidation should be the trend for reit, I forsee reit price to be traded in range bound for yield play for short to medium term. I cannot brain any reason for reit to shoot up 10~20% from current pricing generally for most reit that under 5~6% unless due to individual reit yield improvement. Want capital appreciation, better go for O&G sector stocks or ordinary stock. not reits....as follow reason what u said. |
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Aug 15 2014, 05:16 PM
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Senior Member
1,060 posts Joined: Feb 2008 |
everyday i pass by UOA damansara and observe the construction of MRT.
ASSUME that MRT station done and begin operation : rental revision = more NPI = more DPU ? Just my wild guess. |
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Aug 15 2014, 05:20 PM
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Senior Member
6,356 posts Joined: Aug 2008 |
QUOTE(jasonkwk @ Aug 15 2014, 02:27 PM) anyone look into KLCC b4? It is not a REIT but a stapled securities. hybrid of Reits.Anyway to evaluate it,like a stock or a REIT? Becoz they hv business non REITS like hotel. meanz those Revenue from Reits example(Rental Income from Twin Tower)...distribute 90%, while Revenue from Hotel...are taxable.etc |
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Aug 15 2014, 05:22 PM
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Senior Member
6,356 posts Joined: Aug 2008 |
QUOTE(Smurfs @ Aug 15 2014, 05:16 PM) everyday i pass by UOA damansara and observe the construction of MRT. occupany >90% archievable in long term due to strategic location with Public Transport ASSUME that MRT station done and begin operation : rental revision = more NPI = more DPU ? Just my wild guess. |
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Aug 15 2014, 06:43 PM
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All Stars
17,018 posts Joined: Jan 2005 |
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Aug 18 2014, 09:54 AM
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Senior Member
16,872 posts Joined: Jun 2011 |
Who is dumping CMMT?
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Aug 18 2014, 10:08 AM
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Senior Member
1,177 posts Joined: Nov 2007 |
I'm currently not holding CMMT and so haven't been paying attention to it. But your post prompted me to look at it and I saw that it seems to be on a downtrend since July. So, yeah, what's up with it?
(Actually looking back at my old records, I last sold it at 1.905. Looks like the price really cratered since then.) |
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Aug 18 2014, 10:17 AM
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Senior Member
16,872 posts Joined: Jun 2011 |
QUOTE(wankongyew @ Aug 18 2014, 10:08 AM) I'm currently not holding CMMT and so haven't been paying attention to it. But your post prompted me to look at it and I saw that it seems to be on a downtrend since July. So, yeah, what's up with it? Current net yield about 5.6%(Actually looking back at my old records, I last sold it at 1.905. Looks like the price really cratered since then.) Retail has better potential for rental reversion. Though recent rental reversion upsides were capped by increase in expenses. But then again, which REITs are spared from higher expenses? This post has been edited by Pink Spider: Aug 18 2014, 10:24 AM |
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Aug 18 2014, 10:25 AM
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Senior Member
1,449 posts Joined: Dec 2007 |
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