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M Reits Version 7, Malaysia Real Estate Investment
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SUSPink Spider
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Jul 24 2015, 10:03 AM
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QUOTE(waynew @ Jul 24 2015, 10:00 AM) anyone knows what's happening with oversold amfirst? Look at its latest dividend declared and u get the answer... Just 5% net yield, for a portfolio mainly made up of offices QUOTE(cherroy @ Jul 24 2015, 10:02 AM) CMMT yield is better with around 6%. Not comparable, one is pure offices, one is mostly retail oh ya, normally retail command higher growth in rental income, thus the yield should be lower This post has been edited by Pink Spider: Jul 24 2015, 10:04 AM
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SUSPink Spider
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Jul 24 2015, 10:08 AM
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QUOTE(waynew @ Jul 24 2015, 10:06 AM) i think there is something not right that caused -20% capital Look at its 2-year and 5-year chart... AmFirst has been on downtrend since dunno when
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SUSPink Spider
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Jul 24 2015, 11:24 AM
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QUOTE(Showtime747 @ Jul 24 2015, 11:12 AM) Manage to bottom fish at 1.28 just last week  While I jadi waterfish just top up at 1.32
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SUSPink Spider
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Jul 24 2015, 11:29 AM
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QUOTE(Showtime747 @ Jul 24 2015, 11:28 AM) If you are water fish, me also. Have been topping up 1.30, 1.31, 1.32. Like you said, after announcement, 1.32 is like 1.28. Even 1.34 is 1.30. Still worth buying (my feel only lah) Where is that fella who like to push up with 1 lot?
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SUSPink Spider
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Jul 24 2015, 11:35 AM
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QUOTE(waynew @ Jul 24 2015, 11:33 AM) oh ya, i still dot understand whats the point he wanted to do that for give unsuspecting people the impression that there are buying interest at higher price
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SUSPink Spider
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Jul 24 2015, 11:38 AM
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QUOTE(felixmask @ Jul 24 2015, 11:36 AM) mine average 1.39..i worst than waterfish.... sotongfish U are IPO entrant
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SUSPink Spider
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Jul 24 2015, 05:02 PM
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I think results for IGBREIT not today release
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SUSPink Spider
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Jul 24 2015, 07:34 PM
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QUOTE(felixmask @ Jul 24 2015, 07:05 PM) Diluting EPS. Not good to shareholder.  IGBREIT been doing that since listing
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SUSPink Spider
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Jul 27 2015, 09:15 AM
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QUOTE(Bonescythe @ Jul 27 2015, 01:52 AM) For all REITs lover.. do watch out UOAREITs.. Something big happening in future. Gonna be a asset injection of a big city mall by them.. Now this is tasty
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SUSPink Spider
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Jul 27 2015, 10:15 AM
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QUOTE(Bonescythe @ Jul 27 2015, 10:12 AM) Yea.. They wanna replicate something like a midvalley.. fully managed by them on the retail lots.. not selling to individual Bangsar South Nexus comes to mind...
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SUSPink Spider
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Jul 28 2015, 02:23 PM
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QUOTE(Bonescythe @ Jul 28 2015, 12:59 PM) u so panai one .. wad also can dig out But, don't u think they will hold under UOA Development rather than inject into the REIT?
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SUSPink Spider
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Jul 28 2015, 06:10 PM
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IGBREIT 4.47 sen divvy (4.4 sen@10% WHT, 0.07 sen not taxable) At last closing today of RM1.29...6.2% NET yield  Such nice divvy, why today kena sold down 3 sen
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SUSPink Spider
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Jul 28 2015, 06:22 PM
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QUOTE(davidcch07 @ Jul 28 2015, 06:18 PM) tmr gap up lo...  QUOTE For the current period-to-date, IGB REIT’s gross revenue was RM246.8 million, up 7.5% against the corresponding period-to-date in 2014 of RM229.6 million. This was mainly due to higher total rental income in the current period-to-date.
Net property income was RM176.4 million, up 13.0% compared with the corresponding period-to-date in 2014 of RM156.1 million. This was mainly due to higher total rental income and lower property costs in the current period-to-date. How can u not love this REIT?
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SUSPink Spider
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Jul 28 2015, 08:09 PM
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QUOTE(Showtime747 @ Jul 28 2015, 08:02 PM) IGBreit Today busy, never expect down to 1.29. Don't know tomorrow still can get 1.29 or not What time earliest can key in ? 12.00am ? Now already can key in lar...
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SUSPink Spider
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Jul 28 2015, 08:41 PM
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QUOTE(ryan18 @ Jul 28 2015, 08:33 PM) Nice one Igb. Will pavilion do the same magic? Let's see They better do, at current price, PAVREIT is only yielding about 4.8% net. If u ask me, nothing short of 10% improvement in results would suffice. This post has been edited by Pink Spider: Jul 28 2015, 08:41 PM
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SUSPink Spider
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Jul 28 2015, 11:43 PM
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QUOTE(aspartame @ Jul 28 2015, 11:38 PM) 4.47 sen half yearly: is this dividend sustainable? EPS latest quarter 1.91 sen: annualised only 7.64 sen, how to pay 8.94 sen? Dividend is paid out from realised profits. And Manager's fee is paid by issuing additional units, i.e. non-cash flow.
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SUSPink Spider
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Jul 29 2015, 09:26 AM
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QUOTE(Orang Sabah @ Jul 29 2015, 08:55 AM) Pink spider, morning. I assuming there will be minor dilution along the way which should not be harmful to unitholder? and any particular reason why REIT manager opt for units as party of their payment instead of full cash? purely for them to share the distribution from the REIT in the future? One reason, the REIT manager don't need the cash, they also don't wanna deplete the REIT of its cash. Hence, chose to be "paid" in units... Yeah, dilution there will be... aspartame u are correct... And they can increase payout by utilising REALISED profits from prior periods... As expected, recover back to 1.32 liao. Congratz to those who picked up at 1.29-1.30 yesterday This post has been edited by Pink Spider: Jul 29 2015, 09:28 AM
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SUSPink Spider
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Jul 29 2015, 12:23 PM
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QUOTE(aspartame @ Jul 29 2015, 12:21 PM) Yes, they can increase payout by utilising realised profits from prior periods, provided those profits were not distributed previously. You still come back to: if you take the EPS for the year and the DPS for the year, DPS has to be lower and at most equal to EPS. DPS more than EPS is possible in one or 2 quarters but you always fall back to the rule. So, what I am saying is that your calculation of NET YIELD of 6.2% based on current quarter DPS is an overstatement of the dividend yield. But u see their earnings... 4 sen a quarter is realistic Let's say 4 sen x 2 x 90% / 1.32 = 5.45% net yield Not too bad considering their growth rate
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SUSPink Spider
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Jul 29 2015, 01:49 PM
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Now, let's see if PAVREIT can match IGBREIT's rate of growth
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SUSPink Spider
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Jul 31 2015, 11:48 AM
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QUOTE(davidcch07 @ Jul 31 2015, 11:34 AM) 1.35 cum divvy also sell?  I'm more interested to dump my KLCC...7.10++ now This post has been edited by Pink Spider: Jul 31 2015, 11:49 AM
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