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.)

I queued for CMMT too. Holding too much cash at the moment anyway.

Huh, actually did manage to buy some at 1.41. Just a small amount anyway. I will wait and see before deciding to buy more.

YTLREIT has been creeping up quite a bit over the past week.

UOAREIT keeps going up. I feel tempted to sell it to lock in gains despite good dividends...

Also note that the valuation of the type of properties owned by REITs isn't exactly an exact science and is not performed that frequently. The book value of the properties owned by a REIT may not be its real market value if the REIT were to actually try to sell that property.
For some REITs, some of the premium on top of the NAV is also attributable to the market's trust in the reputation and competence of the REIT's management team. Good managers manage the property well, making the right decisions to do the right kind of upkeep, renovation, marketing, buying and selling of properties etc. that is non-trivial to replicate.

No simple answer. Fundamentally it's just the same as any other stock, the vast majority of which trade far above that their net book value per share. For REITs specifically which have a far more predictable cash flow than other stocks, you could judge them by dividend ratio, the net present value of expected future cash flows etc. The price to NAV ratio is of course still important.

This post has been edited by wankongyew: Oct 31 2014, 11:32 AM

Actually what happened to Bursa today? 404 losers vs. 139 gainers, but regional markets are up.

Looks like MREITS are trending lower because of bank FD rates increasing.

Isn't Capital Asia Group a scam? If you really want to invest in crude oil, you should just buy an energy ETF or something.

I don't know but looking at their website, it looks scammy to me. Most importantly, there is no indication that they possess a license to collect deposits from the public for investment purposes in Malaysia from Bank Negara Malaysia. Receive 3% every 3 months on a fixed payment schedule? Yeah, looks legit.

Banks raising interest rates left and right. Does this mean Bank Negara will be raising overall rates soon? Are REITS prices coming down again?

It was a joke. Definitely no deflation in Malaysia since the economy and the money supply is still growing. The most we can hope for is a decrease in inflation, but what with the GST next year, I would still bet on increasing inflation.

You must have bought CMMT quite recently then. Why did you buy it given the Sungei Wang troubles?

YTLREIT already exceed 7%! Why you no buy!?

Someone must be glad he sold all of his CMMT yesterday!

AMREIT at least is basically mostly rented by its own sister companies so it should be mostly secure, if unexciting.

Yes, surprisingly AMFIRST taking the most beating out of all of the REITs. Wonder why.

I thought cherroy many years never touched sell button already!

AXREIT is incredibly resilient. How I regret selling it...