i think the pros' expectations are correct - no rate incr until 2h14, 25-50bps everything else constant.

the trouble is this weakens the rm like hell, today usd at 3.34, sgd at 2.635.

at this rate, 3.50 and 2.80 can be expected b4 yr end.

read somewhere bnm not expected to react proactively until usd gets to 3.80!!

ya, been looking at hospitals n tot same as u.
but the stock prices are not good, falling.
can't find articles explaining this...
private hospitals been raising charges but costs rising faster?
or more mysians now cant afford them, swarm gomen hospitals?

the article says "this year".

indonesia raised twice last year. philippines raised once too, i think.

sg n brunei no need, maybe lower rates as their curr get too strong, too much money!



my bet is no rate change until usd becomes >3.60.

but by that time, many things koyak bad... except maybe exporting cos. in usd, e.g. glovemakers.

This post has been edited by AVFAN: Feb 11 2014, 04:58 PM

hard to expect bursa prices to go up for now. wonder if local funds still have much capacity...



This post has been edited by AVFAN: Feb 12 2014, 09:37 AM

today, reits sale galore...

igb, cmmt, uoa, ytl, arr... all beaten down, big volumes.

can see large funds dumping. looks like the foreign funds selling hasn't abated yet.

the only ones i notice holding good are sun n pav - maybe becos this one been beaten down long time ago.

i wait for it to stabilize. when ff dump bigtime, possible they know something we dun yet...
more so given the politics mess we're in. who knows if da man forced to quit, shitier man takes the job, etc...??

meantime, i accumulate sgreits which seem somewhat stable now. 7-8% taxfree yield, plenty.

This post has been edited by AVFAN: Feb 20 2014, 06:27 PM

go to sg reits thread, read and ask there.

u might get it.

6 months ago... on 27 aug 2013, i bought at 1.24.

uoa at 1.35 seems stable and holding now.
amanahraya down to 0.95.
may be time to pick up a bit of these 2 now, yield close to 8%.

ytl and igb.... very intimidating - when u think it's recovering, it slumps harder!

yes, thanks for reminder.

actually, all local reits under pressure as seen from their price drops across the board.
retail malls and industrial oso not spared.
a result of gross overbuilding and consumer purchasing power fast shrinking.
worse thing more new malls and towers are coming!!

pavreit n sunreit both received.

pav yesterday.
sun today.

This post has been edited by AVFAN: Feb 27 2014, 03:32 PM

us bonds have dipped near 2.6% due to crisis in ukraine.

if reits are indeed proxies to bonds, maybe we shud see some uptick soon...?


This post has been edited by AVFAN: Mar 4 2014, 02:02 AM

it is indeed very hard to decide to buy or sell or hold any my reit at this time as they seem all so unpredictable...

after a grand fall across the board in the last few months, some recovering well (axis, pav), some barely (sunway, uoa, amanah), some looks set to go down further (ytl, igb).

my position is to do nothing, just hold them. but buy nothing more. until the haze and smog clears...

This post has been edited by AVFAN: Mar 8 2014, 05:41 PM

the returns have been calculated by experts and shown here:
http://mreit.reitdata.com/

however these are historical, can change over time as realtime prices change and dividends vary.

if u want to be accurate for what u bought, u will need to track all after tax dividends in a year and divide by yr cost of acquisition. some are paid qtrly, some semi annually.

haiz... looks like another one going to bite the dust... major holders dumping, expecting bad biz, poor rental, low dividends coming...?

anyway, with so much trouble now... haze, water rationing, missing aircraft, china tourists boycott, misisng pm, missing dpm, missing fin minister... how to expect incr biz, incr dividends??

This post has been edited by AVFAN: Mar 31 2014, 08:40 PM

where u read dpu rm0.0075? possible rm0.07.5, annualised.

but shud be more like 4.24 or 1.75... in sen.
http://mreit.reitdata.com/

that is per payout, so u need to know if payout is qtrly or semi-annual.

then dpu x 2 or x 4, less tax, less watever charges, u get net cash. divide that by yr acq cost, u get yr own true yield.

my experience... easy to know how it works, after that all u need it monitor the market price and actual div paid.

e..g amanahraya... dpu 1.74x4 = 6.79/0.92 = 7.56% gross yield... if u bot at 0.92.

today price dropped 3 sen, it means higher yield for those who bot at new price but the div can drop in the future too.

for you, you lost 3 sen in capital, that will take 1/2 year to recoup the loss via div. and if div falls, longer. of course, price can go up, div go up too...

if a falling price reits market, all investors lose... but they will tell u if u got no balls, then put in fd la....

This post has been edited by AVFAN: Mar 31 2014, 09:03 PM

yes.

everything is always spoken in % per annum, never per week or month or half year. it can be 1 unit, 1mil units, % earning or yield or return p.a. is always the same.

u put rm1,000 in fd, earn 3% a year = rm30.
u put rm 1mil in fd, earn 3% a year = rm30,000
u put rm920 or rm9.2 mil in reits, earn 7.56%, u can calculate...

the 7.56% is usually split up and paid over 2 or 4 times a year, depending on the reit.

This post has been edited by AVFAN: Apr 1 2014, 12:02 AM

just rec'd notice - agm to approve new share issue, 20% of existing.

another ytl move, dilution...?

didn't read much or it hasn't been disclosed... getting more capital for assorted things like upgrading, i suppose.with that, all dividends i rec'd in last year or so washed away by capital loss.
forced to consider selling....