unit trust.

no lah .... I'm a newbie.

YTL Reits @ 0.96

People don't like the 800 mil units dilution at all.....

what if the management cannot find others investors & only YTL took the placement allocated to them

Allocated to YTL family.

Then minority shareholders all kena diluted loh...

can they do that for all 800mil shares? I tot YTL only get allocated around 200mil shares? balance need to "find" others investors?

If cannot find others then excess allocation can be distributed to whoever who wants....

do u think they got offer the PP to top 30 major shareholders?

also what actually happen at the EGM. I posted the question here few days ago still no one answer what happen in the meeting

Now to see if the dilution with the additional property income will reduce or enhance your yield?

If reduce then bad, if enhance then good. usually a forecast is given in the proposal, look carefully...

This post has been edited by gark: Feb 19 2014, 05:15 PM

according to the circular, repayment of loans can give saving of rm35mil / year based on interest rate of 4.53%. assuming rm788mil is raised from PP

If raise money & dilution only to save 4.5% of interest then not good for minority holders. Unless then theyb take loan and invest in more property and get more % than current yield then only ok.

Maybe it's their "secret" plan to reduce the loan / debt level first then take another loan to buy "good" assets if not why increased the debt limit to 60%

my YTLreit drop 3% within a week

anything wrong with the overall reit market today?

amfirst also drop despite amgroup announce good result?

SCC only allow REIT to gave Debt/Asset ratio of NOT more than 50%.

High debt limit is dangerous...

This post has been edited by gark: Feb 19 2014, 06:38 PM

Amfirst reit got no correlation to Amgroup results one lah...

that's why...

i am wondering why amfirst drop despite the main tenant is doing well ...

I know it's above the "official" limit..
http://my.news.yahoo.com/highlight-starhil...-061749299.html

but I think the management have some plan that we "ordinary" investors don't know about. they're very2 secretive u know

Its all about yields... no one see the tenant one.. unless the tenant dont want to rent.

But then again, the management take up it's own rent.. how much rental increase it is going to give itself?

This post has been edited by gark: Feb 19 2014, 06:48 PM