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 M Reits Version 6, Malaysia Real Estate Investment Trust

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AVFAN
post Apr 2 2014, 07:02 PM

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QUOTE(pisces88 @ Apr 2 2014, 05:46 PM)
probably just panic selling? will see it recover to .91-92 level i think..
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i hope so...

if not, may sell partial at least.

myreits all under so much pressure now... dunno if it is becos of no water, tourists, aircraft, weak investments, weak rentals, gst or simply rakyat got no money to spend...
AVFAN
post Apr 8 2014, 12:40 PM

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QUOTE(Pink Spider @ Apr 8 2014, 09:34 AM)
see the spread between Buy and Sell for Axis now sweat.gif
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people got smart...

maybe they hv seen the light after ytlreit and amanahraya.

so, one by one these reits issue new private placement, dilute and f the rest, izzit? blink.gif



actually, what r the rules on that? can issue up to 20% new, every year? pricing?
AVFAN
post Apr 9 2014, 10:48 AM

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QUOTE(pisces88 @ Apr 8 2014, 01:06 PM)
what will happen to arreit after the + 20%  mellow.gif but its picking up, .92 already
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hope it recovers a bit more, will sell partial...
AVFAN
post Apr 9 2014, 02:38 PM

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QUOTE(tnang @ Apr 9 2014, 12:46 PM)
Manage to sell 80k unit at 91 - 92.5
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about to follow suit! biggrin.gif
AVFAN
post Apr 9 2014, 06:05 PM

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QUOTE(felixmask @ Apr 9 2014, 05:36 PM)
It true.... nod.gif ...Human FOOL by greedyness and FALSE HOPE.
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ya, another good one is buy for dividends, cap gain is bonus....

wat is 20% cap loss called? penalty. tongue.gif
AVFAN
post Apr 9 2014, 06:10 PM

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QUOTE(tnang @ Apr 9 2014, 12:46 PM)
Manage to sell 80k unit at 91 - 92.5
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i tried to sell 10k at 92 today... managed to sell only 200 units... will try again tmrw...

IGB, sunway dead, pav still falling, not many are holding well. retail malls seem very weak.

and more n more private placement to dilute... haiz....
AVFAN
post Apr 10 2014, 05:36 PM

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QUOTE(tnang @ Apr 10 2014, 04:48 PM)
Managed to buy some back at 90
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ah... nice! thumbup.gif
i managed to sell another 4600 today at 92.
was thinking of buying back at 90 but it came and went too quick.
tmrw, maybe can do it. tongue.gif


it is obvious both buyers are sellers are very nervous at this time for this counter...
AVFAN
post Apr 18 2014, 10:16 AM

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QUOTE(Pink Spider @ Apr 18 2014, 09:46 AM)
Off-topic a bit...
What is the typical rental yield for a low-mid cost apartment?
Just curious for comparison...
Say, I buy a RM200K apartment... what is the annual rent that I can expect
VS
I invest RM200K in REIT(s)...the dividends that I expect
hmm.gif
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at this time, low cost apt will give you 10-20% p.a. net if u are eligible to buy.
midcost apt, 8-12% pa. (condos 3-5% pa)

being a landlord comes with a full basket of costs n headaches - vacant periods, renovation costs, assessment/quit rent, tenant issues: rent delay, dun pay, utilites bill debt, prop destruction, runaway tenants, etc.

but there r people who enjoy dealing with all that, so a matter of if that is yr cup of tea. overall, more rewarding financially but you need to do some work, not like reits done so conveniently.

AVFAN
post Apr 18 2014, 10:30 AM

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QUOTE(elea88 @ Apr 18 2014, 10:19 AM)
so, Property investment to me bit Hi-Risk, coz using LEVERAGE MONEY.

Depends also yr age group. if young, i would say go for the PROPERTY INVESTMENT using the
LEVERAGE MONEY as you can make YOUR MONEY WORK HARDER for you.
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that was precisely what happened here in 2010-2012. every young n old leveraged to the max with easy bank loans, mostly to flip. current results probably varied... plenty of heated exchanges in prop section!

QUOTE(Pink Spider @ Apr 18 2014, 10:21 AM)
I can also refinance my condo to invest in REITs tongue.gif
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worst case scenario:

condo prices fall
interest rates up
reit prices down

triple whammy! tongue.gif

AVFAN
post Apr 18 2014, 10:34 AM

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QUOTE(Pink Spider @ Apr 18 2014, 10:25 AM)
I don't know much about properties...

I only know my friends' apartment/condo at Puchong area, selling price now about RM200K, rental/mth 1K-1.2K depending on furnishing provided by landlord
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less maintenace fees/assessment and renov, net wud b 5-6% or so assuming tenancy all the time. about right for better apts/condos.

of course, older apts/condos bought long time ago wud have much better yields now on top of the paper cap gains.
AVFAN
post Apr 18 2014, 12:51 PM

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QUOTE(Pink Spider @ Apr 18 2014, 10:35 AM)
Then why bother? Buy REITs better doh.gif
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reits and own prop for rental share the same essence - put yr money and get regular cash payments thru rental.
it's a soft selling point for reits - why bother with so much hassle when it can be done easily?
however, one is commercial and others manage for you; the other is residential, u deal with it directly.

i hv both. my results say at certain times with certain opportunities, prop inv is extremely rewarding, to the extent of 1000% roi over 2 yrs. can't get that with reits. however, do that at the wrong time, you bleed like hell with bank loans up to yr butt only to finally sell after an agonizing period of waiting n hoping - at a major loss. i've seen it all! tongue.gif

reits, u can dump/switch anytime, cut loss, watever...

from inv point of view, i say they r very different, one does not replace the other.
AVFAN
post Apr 18 2014, 01:13 PM

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QUOTE(wongmunkeong @ Apr 18 2014, 10:55 AM)
IF / WHEN this happens.. come to papa U yummy landed stuff  drool.gif
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no doubt, popular landed props are best for long term, come rain, come shine, albeit much weaker rentals than highrise.
hence, one should always live in a house and rent out a condo if you have both!

QUOTE(wongmunkeong @ Apr 18 2014, 11:04 AM)
Case in point - see what happened in SG's SABANA REIT doh.gif
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actually, it depends on when u bot them.
for me, sabana isn't that bad, igb is much worse.


AVFAN
post Apr 18 2014, 01:42 PM

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QUOTE(wongmunkeong @ Apr 18 2014, 01:37 PM)
bro - my TWRREIT also getting net DY 8%+ leh
SGREIT lagi no biggie lar with no tax for individual investors.
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u must been in reits for some years now, credible comments.

my relatively recent venture into reits says the same - sgreits have been a lot more rewarding.

i have been shifting funds lately. no much activity in sgreit thread, though.



oops.... sorry.... we shud stay with myreits here.
AVFAN
post Apr 18 2014, 02:11 PM

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QUOTE(w19 @ Apr 18 2014, 01:52 PM)
Example / Just sharing!

1. Current Malaysia inflation rate is 3.5% (I just read it last two days.), bank FD rate is around 3%.
2. When FD rate is lower that inflation rate, if too long this will course asset bubble. Asset bubble: first: Currency Drop (I believe you know our currency have been drop 10% to USD. Dec 13 rm2.98 exchange 1 USD, Now Rm3.30 exchange 1 USD.) Second: Property & Stock.
3. You can find out why some of bank increase car loan interest by 0.4% to 0.7%. Bank say Bank Negara ask them to do it. The funny thing is Bank Negara give out statement saying they never have this instruction. (I just read it few days ago.)
4. What I know is we going to have next round currency drop.........if interest not up.........So sad..........My advice is move your money out now! Foreign Fund all out already. Super Rich all out already. Im poor little malaysian must out now to saving my money value........Investment is all about value. Money is all about value. If not, this all is just no and paper.
5. Believe or not! Let see!
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this school of thought is conventional, the issue has been thrashed to death again and again.
been going on for a long time, bnm or gomen has no will to raise rates for fear of slowing growth and risk a recession. same with many other gomens.
everybody wants to "inflate yr way out of trouble". tongue.gif until the currency drops like a stone.

the pressure is high but few believe rates will go up in a major way. for inv purposes, i pay little attention to potential rate changes, not until we see the first move, the real reasons for doing so.

but gud point, our money if not protected is become toilet paper. only way is to make it grow faster and not wait for gomen or bnm as their motives are not always the same as that for any individual.


AVFAN
post Apr 18 2014, 02:43 PM

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QUOTE(wongmunkeong @ Apr 18 2014, 02:17 PM)
and that is why investors or even traders do some sort of asset allocation by asset type AND asset location - coz nothing's "for sure" other than things will go up/down/left/right tongue.gif.
er.. unless one has working crystal balls lar  sweat.gif

Just thinking  notworthy.gif
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all crystal balls are held by wizards n witches. tongue.gif
AVFAN
post Apr 18 2014, 02:49 PM

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QUOTE(w19 @ Apr 18 2014, 02:32 PM)
Just Sharing!

Yes. you are right. Ringgit is strengthened but value of ringgit not the same like Dec 2013. Future no one know but Im not confidence. I choose to go.
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i doubt there is even one currency in the world that buys the same basket of goods today as a year ago.

whether uk or usa or Saudi or singapore, prices of most items have shot up, be it coffee or prawns or doctor fees. becos of vast amounts of new money making its way everywhere.

here, once subsidy reduction n gst go into full force, our rm will see the full effect, I think very bad.

currency... a matter of relative strength. which is what wongmk was saying... asset allocation by type n location to reduce risk n optimize total value.

This post has been edited by AVFAN: Apr 18 2014, 02:51 PM
AVFAN
post Apr 18 2014, 07:33 PM

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QUOTE(w19 @ Apr 18 2014, 01:29 PM)
1. Int up!

here u go... zeti/bnm is not as readable as u think when it comes to raising rates. wait till official inflation numbers hit 5% which means 10% in real life in klang valley - that's when they will act.

i say the probability of int rate hike is lower than zero water supply for a week this year. tongue.gif


QUOTE
A measure of expected swings in the ringgit headed for a second weekly drop after Malaysia’s central bank damped market speculation that interest rates will rise.

Bank Negara Malaysia Governor Zeti Akhtar Aziz said in an interview in Washington last weekend that the nation’s accelerating inflation doesn’t make her nervous, even as consumer prices rose 3.5 percent in March, the fastest pace since June 2011. Federal Reserve Chair Janet Yellen also indicated this week that U.S. interest rates will stay low to support the U.S. recovery.
http://www.bloomberg.com/news/2014-04-18/r...-rate-bets.html

AVFAN
post May 9 2014, 06:37 PM

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QUOTE(felixmask @ May 8 2014, 02:27 PM)
Frank Knight...M'sia property+ reits  outlook
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if not mistaken, it says... the usual as per last 1000 reports.

1h2014 - bad-weak
2h2014 - pick up

now, when has any prop analyst or anyone paid by the industry ever said it's all hell from now, for next 3, 5, 10 years? tongue.gif

always the hockey stick sydrome - down and then quickly up - to keep the job, human nature, positive is gud, right?

with our gomen doing nothing, all very silent but spending big bucks on dunno wat, extremists getting louder, sentiments downhill, global environment shaky, i am not to be fooled.

decision up to indiviudal.

This post has been edited by AVFAN: May 9 2014, 06:38 PM
AVFAN
post May 16 2014, 01:02 AM

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QUOTE(500Kmission @ May 15 2014, 11:01 PM)
Keep extension and extension, the price will keep at 0.91 - 0.925. Make me want to cut loss (>18%) of this share.
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this one is my 2nd worst performer, after igb. on the chopping block....
AVFAN
post May 18 2014, 09:24 AM

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QUOTE(500Kmission @ May 17 2014, 11:08 PM)
Just hope YTLreit will not extent again.
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this one, i gave up. just chopped, put money elsewhere.

the way they have been going about things say they are capable of more nonsense in the future. tongue.gif

i hv now removed the 2 worst performers in my protfolio - igb and ytl.

the rest incl axreit, uoa and pav now look much better.

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