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 M Reits Version 7, Malaysia Real Estate Investment

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SUSPink Spider
post May 27 2016, 05:04 PM

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Mana unker gark??? IGBREIT 1.60...sell sell sell tongue.gif
SUSPink Spider
post May 30 2016, 01:34 PM

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QUOTE(CP88 @ May 30 2016, 11:12 AM)
Mind to share where do you park you proceeds?  biggrin.gif
Pinky got press sell sell?  biggrin.gif
*
Nowhere to move...just hold doh.gif

RM1.70...maybe? innocent.gif
SUSPink Spider
post Jun 10 2016, 04:56 PM

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MidValley...closing at 1.60 rclxm9.gif
SUSPink Spider
post Jun 30 2016, 09:47 AM

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IGBREIT at 4.6% net yield and u all selling

Yet KLCC at <5% some still keeping? tongue.gif
SUSPink Spider
post Jun 30 2016, 11:24 AM

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QUOTE(Orang Sabah @ Jun 30 2016, 11:23 AM)
Yeah, decided to sell some IGB REITS and take profit.

The yield compressed so much that I think it is overvalued, but guess the price level remain supported in near term due to funds buying into selected M-REITs.

For those who have invested in UOAREITs, could you share your view on its management track record so far in managing office portfolio? do you see rising vacancy rates in its office portfolio?
*
My aunt worked in one of their buildings. Management is good and almost fully occupied.
SUSPink Spider
post Jun 30 2016, 11:38 AM

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QUOTE(Orang Sabah @ Jun 30 2016, 11:33 AM)
Thanks Pink Spider smile.gif , for UOA REIT, any idea:

1) Are we able to find out its weighted average lease expiry (WALE) profile to gauge how many % of its lettable area  up for renewal in next few years?

2) Usually, any insight into what sort of rental reversion rate achieved by UOA REIT in the past?

3) What do you think of the potential office glut in klang valley, would it impact UOA REIT significantly?
*
1) This is not disclosed if I'm not mistaken
2) If my memory did not fail me, around 2% recently. Not disclosed, but u can roughly work out by taking revenue and compare against past revenue
3) Moving office is not fun at all... shakehead.gif Unless a company gulung tikar, usually companies won't move just for the sake of saving a little bit RM...
SUSPink Spider
post Jun 30 2016, 03:51 PM

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QUOTE(Orang Sabah @ Jun 30 2016, 03:47 PM)
Thank you pink spider!

Wish they could disclose more info haha. So far, I think SUNREIT's disclosure is the best among M-REITS.

Sure, I will work out the historical growth rate, because I thought if we could assess the WALE, at least we can form some opinion on future rental reversion potentials.

I agree that moving office is not fun at all, there are a lot of factors to be considered I.e cost & benefit. Hence I think UOAREIT could still sustain its earning and distribution level.

Thanks ya! will study UOAREIT in details
*
MQREIT@Quill discloses more in its quarterly announcements.

But risk of MQREIT vs UOAREIT is different...

MQREIT mainly made up of single tenancies i.e. one building-one tenant
Whereas UOAREIT is made up of a number of small tenants for each building
SUSPink Spider
post Jul 1 2016, 01:39 PM

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QUOTE(Bonescythe @ Jul 1 2016, 01:23 PM)
Considered the equity pump in, enlarge share base.. this will dilute earning and be a drag on pavreit total eps as well if damen doesnt perform..
*
+100

When u pump in additional equity, must ensure that the additional moolah works as hard if not harder than existing equity, else EPS would be dragged down.
SUSPink Spider
post Jul 13 2016, 06:06 PM

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QUOTE(TC-Titan @ Jul 13 2016, 04:09 PM)
IGBReit is in the midst of an orgasm hahaha  laugh.gif
*
Tak sempat jual doh.gif
SUSPink Spider
post Jul 14 2016, 04:35 PM

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Those who panic bought into IGBREIT must be crying now laugh.gif
SUSPink Spider
post Jul 14 2016, 05:31 PM

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QUOTE(djhenry91 @ Jul 14 2016, 05:12 PM)
my client want buy lucky he listen to me..i ask him..u set GTD  2 week buy 1.60 haha
*
At 1.66, historical net yield is only 4.5%. sweat.gif
SUSPink Spider
post Jul 19 2016, 08:05 PM

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QUOTE(cherroy @ Jul 19 2016, 11:00 AM)
Then it becomes like property developer...  laugh.gif

Reit is appealing to investors is because its yield, and alternative way of rent collecting.

By allowing Reit involves in property development (buy a land and build a building), it just means money needs to lay out for the development and at least few years without any income, which defies the original purpose of Reit.

Mind that Reit generally doesn't have much cash due to 90% payout ratio, hence it just means the reit may need to borrow more for the development cost needed.

So it is best interest for SC to limit the allowable for buying vacant land for developing.

There are property developers that buying vacant land, develop into malls  or offices and make an rental income afterwards.

I do not see why reit must directly involve in property development.
Reit supposely an passive income generating instrument, involving into direct property development, it become more "active" and expose to more risk already.
*
If become like property developer like UOADEV with 6% divvy yield, why not? tongue.gif
SUSPink Spider
post Jul 22 2016, 10:46 AM

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QUOTE(felixmask @ Jul 22 2016, 10:42 AM)
Put inside freezer...You wont think to much.  biggrin.gif
*
Dah jual IGBREIT? tongue.gif
SUSPink Spider
post Jul 22 2016, 11:06 AM

Formerly known as Prince_Hamsap
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QUOTE(felixmask @ Jul 22 2016, 10:55 AM)
Didn't do anything..freezer..Last transaction IPO econpile.
Now waiting IPO EcoWorld International.

Saw your posting In Love dilemma...manage to solve your secret admire.
*
Let her rot! whistling.gif

Now u untung gila lo! brows.gif
SUSPink Spider
post Jul 23 2016, 01:59 PM

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QUOTE(wil-i-am @ Jul 23 2016, 12:33 PM)
REITs are back in vogue
http://www.thestar.com.my/business/busines...-back-in-vogue/

Anymore legs to move higher?
*
Allow me to use some /k lingo...

» Click to show Spoiler - click again to hide... «


And...
» Click to show Spoiler - click again to hide... «

SUSPink Spider
post Jul 26 2016, 10:32 AM

Formerly known as Prince_Hamsap
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IGBREIT on steroids again
SUSPink Spider
post Jul 26 2016, 01:39 PM

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QUOTE(cherroy @ Jul 26 2016, 01:19 PM)
For me,
there is not much attraction on most current Mreit price, may be except MQreit

Venturing into SGreit for better yield.
*
Why not buy this? innocent.gif
SUSPink Spider
post Jul 26 2016, 02:58 PM

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QUOTE(cherroy @ Jul 26 2016, 02:57 PM)
Already added...  bruce.gif

Trim down some reit with 4.x% yield one, and added up on this reit with 6.x% yield.
Can get extra 2%...  tongue.gif
*
At what price will u stop adding MQREIT?
SUSPink Spider
post Jul 26 2016, 05:50 PM

Formerly known as Prince_Hamsap
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IGBREIT results out, not as pretty as hoped, flat:
http://www.bursamalaysia.com/market/listed...cements/5157561
SUSPink Spider
post Jul 26 2016, 11:07 PM

Formerly known as Prince_Hamsap
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QUOTE(CP88 @ Jul 26 2016, 10:58 PM)
Time to sell and moved on to others!  devil.gif
*
Looking at IGBREIT's results, a bit regret dump UOAREIT sad.gif

Now a bit worried for MQREIT sweat.gif

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