A very interesting discovery,... tq bro Gark,...

The sp seems to have really appreciated over the months since it first got listed though,... perhaps the general investing public has not noticed this thing, I do believe though that as time goes by and tenants start to chg, this effect will kick-in, and we will see the yield being lowered. This REIT is still quite new in the mkt, relatively,...

DC Keppel REIT is part of the Keppel Corporation, bro,... hence by itself, it is also a big user of data centre facilities...

Wahh,... bro,... good summarisation there,...

It took me one-year to realize this after I started investing in SG REITs,...

Other things to note :-

1) SG REITs are continuing to develop multi-denominations in their currency-of-transactions. the latest being in the Euro by CEREIT.

2) SG REITs are able to offer exposure to US properties with NO withholding taxes imposed by the IRS.

3) SG REITs can be listed in the SGX, but stakes offered to another country, say Japan, to be practised soon by CEREIT.

Majulah Singapura !!!!!!!

Msian REITs owing overseas properties - can count by fingers-lar bro,...

But one thing good - since the MYR is always weakening against overseas currencies, chances for being able to garner higher dpu is always there. Unlike the SGD,... if the SGD strengthens vs the currency of the ctry from which it collects rentals from,... then chances are the dpu collected will be lower,... unless hedging ha been put in place. But then, hedging costs will be incurred again.

Bro,... don't you think if the price drops too much, there could have been a serious fundamental problem with IGBREIT already ? Wouldn't it be dangerous to enter then ?

If a price drops when there is no change in the fundamentals, the possible reasons for this would be :-
1) the mkt TRUELY mis-priced it due to some confusing events.
2) there is a news which is 'temporarily' negative in outcome for the REIT.
3) somebody leaked out a pc of news to 'mislead' the mkt,....

Sometimes, full of people, ie high foot traffic (a key measurement in the world of Retail & Mall REITs) does not really translate into higher sales for the tenants.

I suspect it's because of some suggestions in the press recently that BNM may be raising rates in early-2018,... I noticed some effects in the mkt.

MY REITs get weaker, and the RM seems to be getting stronger,....

I really don't think BNM will hike that much,... they wouldn't want the country to start developing NPLs, right ?

Bros,... another I'd like to add here,... if the plan mentioned is over the next 2 to 3 years, normally, I'll just turn a blind eye to it,... it's so long away,... so many things would have happened in-between that would have changed their plans and directions,...

Such talks are just to prop up their share prices among inexperienced investors,...

Frasers Centrept Trust in SG owns a minority stake in Hektar REIT,... hence, my studying of Hektar REIT's behaviour...

The reply that I got during the FCT AGM was that : the BOD is not particularly concerned abt Hektar because their stakes in Hektar is too small,... so, it's okay,...

Hektar REIT - partially owned by Frasers Centrepoint Trust, also have malls in Sang-Kah-Lah places,... and frankly, Frasers Centrepoint Trust's malls are also in Sang-Kah-Lah locations inside Singapore,....

Too late for him,...

Just stay with Malaysian REITs and ASX products enough-lar...

Hehehe,...

It is too late compared to someone who has an SG bank account. An SG bank account allows more flexibility when moving your funds around, without needing to TT in and out of Msia. TT'ing in to and out of Msia is expensive when your amount is not large if you wish to access your dividend amount.

If you don't agree, why don't you close all your SG bank accounts and save that minimum amount for investing inside FSM SG ? Then you wouldn't need to worry about any fall-below fees, right ?

Having an SG bank account has a lot of advantages,...

1) on a personal basis : you can use an ATM Debit Card to withdraw funds from anywhere in Singapore, AND outside Singapore, which is more efficient than using a Malaysian Credit Card.

2) on an investment basis : you can move other denominations around just like the SGD INSIDE Singapore without doing a TT. Don't tell me if you are investing in SG, you are going to invest only in the SGD. There are so many other denominations inside SG, being an international financial centre.

Hence, he is late,.... but it's okay,... I did say earlier many times about doors going to be closed soon and he has consciously 'hit back very hard' on why it's not easy for Msians to do,...

I think he is not too keen too,... or has he changed his mind ?

I continued to remember what he said against me earlier.... all his big fights,... bro, you also kena right ? Why teach so many things now ?

There are also other reasons why he's late,... I just heard this afternoon that for any new account opening in any of the '5 CDP-nominated banks', you have to have a minimum amount of SGD 3K to open and to be kept inside the account for 6 months.

You can't open DBSV, and some other brokerage accounts IF you don't have an account with any of the '5 CDP-nominated banks'.

You have nowhere to deposit your dividend payout if you don't have an account in any of the '5 CDP-nominated banks'.

I'd prefer to have my own CDP Number, and have my shares kept inside CDP rather than having them kept with a Nominee Account. FSM SG is Nominee-account based.

And finally,... yes, I know,... you are going to say,... no problems,... why so susah, we have FSM SG-mah,...

Okay, sure, but I heard FSM SG is going to increase their fees soon,... and impose dividend commission for any dividend amount that is banked-in.

Hehe,... okay, now you are keen to invest,..

Well, to your question : since when I bash you regarding MY market?, I tried to find your posting in the Ultimate Discussion for ASX section, but can't find it,.. there were so many different threads in that section, so it's okay,... no need to put so much effort there,....

I'm not stopping you, but I'm reminding you of what you said earlier about investing in instruments other the ASX instruments,... you will remember,..NO need to think abt creating dupe accounts and all-lar,.. this is just a forum,... but it's a good forum, I must say,..

Be nice, be open-minded,... people will help,...

I think you signalled in the above that I am stopping you from investing into the SG mkt,... err, no,... I am HOPING more people would invest into the SG mkt, for obvious reasons,... I also invest into 'your' ASX-mar,... I did that for many years, till 3 years ago when I started pulling-out,....

Anyway, it's starting to get late for the SG mkt,... and this is not subjective. This is a fact. Even my children are not allowed to open bank accounts in Singapore anymore. And that's okay,... if my children can't, others also can't with all things equal. So,... I'm okay !

"Late or not late it is so damn subjective. my interest is not the same as you and I can go the other way round as I like. I disagree with you and immediately you say you are right and I am wrong. In investment there isn't any right or wrong."

For the SG mkt, this is not subjective. I noticed the rules being tightened throughout the years. And I think I am right in this observation. Hence, my earlier saying : before the doors are closed, but I'm not using this statement anymore.

Sure, your interest is not the same as mine,.. and you can go the other way round, BUT if you are into REITs and stocks,... then you will realize what I am saying here is true when you gained enough experience one day and you wished to go to a bourse that is stable, transparent and investor-centric,... and this is the SGX. There are weaknesses too,... but I stand firm on my belief that they are doing their best. NO glorifying here,.. speaking from the heart.

I have accounts all over the world in the developed mkts,... and I noticed and observed this.


Added one more comment : So what even if I say I am right and I say everybody else is wrong,... it's their money that they are investing and it stops there,... and there's no way to force the issue here,...

It, for example, becomes AN ISSUE IF I TELL THE MAS TO CLOSE THEIR DOORS,... it's influencing a governmental regulatory matter then,... hmm,... okay,.. getting complicated now,...

This post has been edited by Hansel: Apr 30 2018, 10:52 AM

Thought I'd say the below now :-

There was one time, I wanted to bring some funds back to Malaysia and invest into the Bursa. I was told by Mayban Securities that even if I have internet banking, the remisier must still release my Buy and Sell Orders before they can be sent to the Bursa system.

Then I said what if the remisier is not at his desk ? Then I can't do anything till he is back at his desk to release my orders. She said : that's the way it is.

Then I said,... is there anything we can do about this so that I can queue quickly for my orders ? She said NO. Then I said this is hard. She said you can't invest in Malaysia then,... please go back to where you came from,...

This is Maybank Securities, 2015,... I think,... or 2016,....

Exactly my point,... you said these below yourself,....

1) ...I am still holding the same principal that at the moment I only keen to invest in MY market.

2) Still no SG under my radar.

And : For foreign exposure I will go under FSM including Asia Pacific, CN, EU, ID and emerging markets.

From the above words, which you said yourself,.. then the day will come when you will want to try out your explorations in the SG mkt,... IF you succeed in your investment ventures locally. However, for many, if they don't do too well locally, they might be demotivated already from venturing out further,...

I said the following earlier : ...then you will realize what I am saying here is true when you gained enough experience one day and you wished to go to a bourse that is stable, transparent and investor-centric,... and this is the SGX. There are weaknesses too,... but I stand firm on my belief that they are doing their best. NO glorifying here,.. speaking from the heart.


So, in summary............ I did not say you will go there NOW,... but that if you succeed in the local mkt, and you see more and more opportunities in this area of generating income and resources, you will see the potential IN THE SG MKT. Please read carefully what I wrote,....

BUT : if you really hold true to your heart that, out of pride, that you will never touch any investments inside SG at all,...then please remember what you say today as a conscience deep in your heart. Never break this conscience or you will fail your own confidence in life.



Edited to highlight my own words for quick grasp of pointers.

This post has been edited by Hansel: Apr 30 2018, 01:13 PM

Was online trade in Malaysia at its infancy stage back in 2015 ? - THIS IS NOW THE MAIN QUESTION.

Yes, the remisier did alert me not to make mistakes in my keying-in, and subsequently, I explained to him abt my trading experiences in other developed countries, whereby, I can be in KL or on a plane and at the same time, I can key-in my orders for the TSX, or SGX or ASX.

My remisier did not put a replacement person when he was busy somewhere else, and not at his place....



A bit too late to bring back the funds today,... since I've opened accounts in The ASX too,... perhaps I have no luck investing into paper assets in this country, other than into Amanah Saham Fixed Priced funds earlier,... if something like that CLOB matter happens to me in The SGX,... a big portion of assets will be gone,... the Singporeans re still feeling it today, and could still remember when they lost all their investment from the instruction issued out by the then Prime Minister 'onto CLOB'.