Even compared to other M-reit.. still low..

My average Mreit holding is currently about 6%-6.5% (Not on cost, based on market price)

Not all low profiles ones are bad.. there are gems out there too.. Areit.. is not my cup of tea.. all grade B/C properties..

There is a gap between the RI completion and purchase of the new property. This could be 2Q worth before the new purchase can contribute meaningfully.

During this time I would expect DPU per Q to fall to ~2c before recovering back to ~2.4c, after the new property contributes. So share prices will remain weak, for now.

Also note that the last 4c divvy after RI is for 5 months. SO the next divvy is likely ~0.8 (1 month +dilution). This could be a shocker for people who did not calculate properly.

When people panic...

This post has been edited by gark: Sep 15 2017, 09:25 AM

Just been to Subang Parade last week to look look see see.. not as bad as the report. First floor and second floor all shops open. Only 3rd floor have some vacancy.
Not too crowded, but OK for weekend. Not different from other malls. Saying that, Empire is stealing most of their customers.

IMHO, Subang Parade has too much wasted space ie the sunken portion. An AEI to increase these empty location is sorely needed to increase space.

Hektar is partially owned by Frasers group, which is a very reputable mall operator in SG. I trust their management.

P/S I visit all my REIT holding property periodically..

It's 10% and was recently renewed from 2016 to 2019, if I am not mistaken.

Don't think they can/willing to remove it, many big companies will shout.. including GLC and Amanah Hartanah Bumiputera..



History..
2007-2011 - 15%
2011-2016 - 10%
2016-2019 - 10%

No sweat, if they do decide to remove, we all move to SG or HK.. kow tim... even better deal at 0%

This post has been edited by gark: Sep 15 2017, 03:28 PM

Best resource is forum, ask anything you like.

Next is reitdata.com

This post has been edited by gark: Sep 20 2017, 08:52 AM

No more fat rabbits lar.. even the trump scare in Nov/Dec 2016 also no effect to MReits..

But on other hand in Sreits lots of bargains during the scare.

Better look elsewhere.

SREITs is not just SG properties.. there are lots of listed REITs in SG with property in US, Europe, India, Indonesia, China, HK, Aussie, Japan etc...

Truly a worldwide REIT offering, and the bonus is 0% dividend tax...

For example my SReit holdings have property concentrations in India, Indonesia, China, SG, Aussie and Japan. No Europe or US yet..

This post has been edited by gark: Sep 20 2017, 09:41 AM

IGBREIT is starting to get interesting at 1.64 now..

previous sold all of mine at 1.75..

Go lower go lower..

Come help me chant.

Not really.. as i visit their mall at least 2x a month.. if there are anything wrong with the mall, I would notice it straight away.

That is why previously I manage to buy at a great price and sold off when the yield get ridiculously low.. now at this price 5.2% is still too low..

I am waiting at 1.50.. dunno can get or not..

Last time got drop until 1.25... went banzai on it..

last time at 1,25 DPU is about 7+ cents like that.. now slightly higher.. and also bond yields are lower.

I am willing to buy some at 1.50. .. 5.5% yield. Think it is a fair number..

This post has been edited by gark: Nov 1 2017, 03:44 PM

Gogogo

Foreigners all dumping reits .. anticipation december rate hike..

1.50-1.55 is ok yield lah..

Smaller malls maybe.. but MV.. don't think it will go anywhere soon..

ARA is planning to list a new mall reit.. but the mall list is like meh...all lousy

1 Mon Kiara .. ok...
Klang Parade .. meh
Citta Mall .. OMG!
Ipoh Parade.. ok...
AEON Malacca.. meh

http://www.theedgemarkets.com/article/ara-...-malaysian-reit

This post has been edited by gark: Nov 3 2017, 12:02 PM

Added more MQreit today @ 1.25

Next target IGB Reits..

Why not? every portfolio needs some stability, 'boring' reits and dividend stock are good for these.

Then can reserve some extra for speculative plays.

News of BNM might hike OPR maybe up to two times next year is more encouraging for yield..

And GG for flippers..

This post has been edited by gark: Nov 20 2017, 03:32 PM