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 M Reits Version 6, Malaysia Real Estate Investment Trust

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SUSPink Spider
post Feb 12 2014, 09:55 AM

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QUOTE(felixmask @ Feb 12 2014, 09:53 AM)
at which price?
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Current price 1.21-1.22.

Maybe 1.16 I will re-look.
SUSPink Spider
post Feb 12 2014, 09:56 AM

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QUOTE(gark @ Feb 12 2014, 09:54 AM)
Then why did you buy at the first place with <5% net yield..  tongue.gif

This stock will not be totally stagnant, expected to grow 6% p.a. from rental revision from 2014-2015... slow growth but still got growth tongue.gif
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ANALyst say manager fees payment in units will be gradually reduced going forward, means less cash to pay out. unsure.gif

Last time blindly go in mar blush.gif

This post has been edited by Pink Spider: Feb 12 2014, 09:57 AM
SUSPink Spider
post Feb 12 2014, 09:59 AM

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QUOTE(gark @ Feb 12 2014, 09:58 AM)
But.. rental rates going up yearly....as long as % increase > % manager fee then should be ok...  tongue.gif
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U think IGB will fully pass assessment and electricity hikes to tenants?
SUSPink Spider
post Feb 12 2014, 10:00 AM

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QUOTE(woonsc @ Feb 12 2014, 09:59 AM)
icon_rolleyes.gif  Okay, I sometimes do refer to the par value..
But isn't 6% DY quite good during tough times like now?
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IPO price...par value...BOTH GOT ZERO RELEVANT TO FAIR VALUE tongue.gif
SUSPink Spider
post Feb 12 2014, 10:05 AM

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QUOTE(gark @ Feb 12 2014, 10:02 AM)
Yep... at such high rental demand there... the renters have no choice. This is the strength of a good location.

Current waiting list to rent at midvalley is > 1 year...  tongue.gif

Then again ... it will be passed to the consumer... eventually.. ie YOU.  laugh.gif
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I sudah >2 months no masuk MidBarley...even though 5 minutes drive from my place...cos parking sibeh susah cari sweat.gif
SUSPink Spider
post Feb 12 2014, 10:08 AM

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QUOTE(gark @ Feb 12 2014, 10:07 AM)
Setia Eco city is building next to midvalley... after completion even more high traffic.  sweat.gif

Good for the mall though... office makan time sure earn.  rclxms.gif
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Can use the overhead bridge over the river to walk over to MV...no need drive and find parking thumbup.gif

This post has been edited by Pink Spider: Feb 12 2014, 10:08 AM
SUSPink Spider
post Feb 12 2014, 10:10 AM

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QUOTE(gark @ Feb 12 2014, 10:09 AM)
So you think the mall in high demand in the future or not?  biggrin.gif
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niasingh lu...poison my mind to top up biggrin.gif
SUSPink Spider
post Feb 12 2014, 10:12 AM

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QUOTE(gark @ Feb 12 2014, 10:12 AM)
Just pointing out the facts mah.... but then again 5-6% growth is the max for REIT... so slow growth...
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DiGi also expect/target 4-6% topline growth lor doh.gif
SUSPink Spider
post Feb 12 2014, 10:14 AM

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QUOTE(gark @ Feb 12 2014, 10:13 AM)
IMHO digi is already more or less at max value...  whistling.gif
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Just treat as FD stock...like Nestle whistling.gif
SUSPink Spider
post Feb 12 2014, 02:40 PM

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QUOTE(gark @ Feb 12 2014, 02:37 PM)
Recently during CNY I heard one relative was saying and proclaiming that IGB REIT is a massive scam, sold off all the REITs, have 5 figure losses and will never buy any REIT again.

I asked why and the answer is because the price went down, even below IPO price.  rolleyes.gif

I ask what is wrong with that?

The answer I get is that REIT are supposed to be 'safe' investment with 'guaranteed' income for long term and therefore cannot sell below IPO price

Even after I offered explanation, the relative choose to go about her trashing of the REIt.  rolleyes.gif

So I kept quiet and eat my peanuts.  laugh.gif
Many people have wrong expectation for the supposed safety of REITs... if you want to invest, make sure you do your homework. whistling.gif
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laugh.gif thumbup.gif rclxms.gif

Auntie mar...typical auntie where got logic and reason wan? When they wanna rage...u talk what also no use whistling.gif

This post has been edited by Pink Spider: Feb 12 2014, 02:45 PM
SUSPink Spider
post Feb 12 2014, 02:44 PM

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QUOTE(boyslikeboys @ Feb 12 2014, 02:42 PM)
which is why i intend since REITs are all time low. Pavilion, IGB, Starhill, they are all here to stay with quality tenants and quality crowds. So i guess it's still ok, also I have came across rentals in Pavilion, rent payable is quite ridiculous! Perhaps I am still relatively experience and have not consider other factors.

I am only hesitating since gov bonds yields has increased which I believe has somewhat affected prices of REITS recently. For that marginal amount of % yield as compared with risk free gov bond may not worth it after all.

Above is only my views.
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If u are an ikan bilis investor, don't bother with what happens with gomen bonds...reason being, WILL YOU go out there and invest in gomen bonds? No, right?

Just ask yourself, are u happy with the dividend yield of the REITs u are interested in. If yes, just buy. REITs are a source of long-term passive income.
SUSPink Spider
post Feb 12 2014, 02:52 PM

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QUOTE(gark @ Feb 12 2014, 02:49 PM)
This one surprising... not auntie wor... overseas uni grad and still relatively young wor... wink.gif
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To me, ANY women above the age of consent is an auntie tongue.gif

5 figures losses? Her net worth must be...intro to me? brows.gif

This post has been edited by Pink Spider: Feb 12 2014, 02:52 PM
SUSPink Spider
post Feb 12 2014, 02:57 PM

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US Treasurys back to 2.7%...but MREITs solid (Axis and IGB)? Maby due to closing to ex-divvy date? hmm.gif
SUSPink Spider
post Feb 12 2014, 05:23 PM

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QUOTE(gark @ Feb 12 2014, 05:17 PM)
Makes MV even bigger and more traffic.... like how gardens complemented MV and did not leach it.  wink.gif
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Just like people park at Gardens to go to MV brows.gif

This post has been edited by Pink Spider: Feb 12 2014, 05:24 PM
SUSPink Spider
post Feb 12 2014, 05:42 PM

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QUOTE(river.sand @ Feb 12 2014, 05:39 PM)
How far is the LRT/MRT station from MV? You know, Malaysians are lazy to walk...

user posted image
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If walk under hot sun, NO.

But if walk thru air-conned mall...no problem.
SUSPink Spider
post Feb 12 2014, 05:53 PM

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QUOTE(river.sand @ Feb 12 2014, 05:44 PM)
If got travelator better still  rclxms.gif
But if Eco City sees MV as its competitor, it would be a problem  hmm.gif
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Just like I have no problem taking MRT around Singapore...cos most places I go are shaded/air conned.
SUSPink Spider
post Feb 12 2014, 06:32 PM

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QUOTE(elea88 @ Feb 12 2014, 06:09 PM)
i also holding since IPO... now is big big negative.. but just keep and continue average down to collect YIELDS... As for Auntie.. u know la... E.M.O....  coz IPO HYPE.. like sure win.. but move the other way, so, she cannot take, it, CUT LOSS
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user posted image

hmm.gif
SUSPink Spider
post Feb 13 2014, 09:31 AM

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QUOTE(holybo @ Feb 12 2014, 10:16 PM)
rclxms.gif  rclxms.gif  clap for you.. but there is a river over there, u walked so far?  hmm.gif
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With amoi some more...felix really...must be very lengzai brows.gif
SUSPink Spider
post Feb 13 2014, 01:21 PM

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QUOTE(cwhong @ Feb 13 2014, 12:06 PM)
seriously midvalley is pack like sardin on weekend ..... and weekdays depend on office workers crowd...... i think this is the reason i bought her....
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Weekdays? Lunchtime also hard to find parking doh.gif
SUSPink Spider
post Feb 17 2014, 03:21 PM

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QUOTE(gark @ Feb 17 2014, 02:29 PM)
(All the total received dividend - all tax) / total purchase cost = yield on cost

mana itu Pink Spider accountant??  hmm.gif
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Betul betul betul tongue.gif

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