QUOTE(CP88 @ Jul 26 2016, 11:12 PM)
Nothing in particular, just that seeing UOA and IGB reporting flat results, anything less than flat by MQREIT could send investors running M Reits Version 7, Malaysia Real Estate Investment
M Reits Version 7, Malaysia Real Estate Investment
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Jul 26 2016, 11:14 PM
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#561
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16,872 posts Joined: Jun 2011 |
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Jul 27 2016, 09:23 AM
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#562
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QUOTE(cherroy @ Jul 27 2016, 08:12 AM) Reit result is/should be always "flat" one, unless there is major lease renewal with upwards rental revision, or injection of yield accretion properties. IGB actually reported improvement in topline, but it's expenses dragging down earnings MQreit should have a rather "flat" result based on its history as well as its properties portfolio lease, expecting a 4 or 4.x cents DPU. With current rental/lease market, it is hard to see major upwards in rental revision. Office space supplies is ample, as well as more and more malls are popping in the coming future. Human traffic at MidValley is still very healthy, even on weekdays. Well, to be optimistic, at 4.4 sen gross divvy, and annualise it...at current cum price of RM1.65, net yield is about 4.9% So, u guys holding, selling or buying more at current price? This post has been edited by Pink Spider: Jul 27 2016, 09:33 AM |
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Aug 2 2016, 02:58 PM
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#563
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16,872 posts Joined: Jun 2011 |
MQREIT 3.2% down
Pricing in divvy cut and/or lacklustre results? http://www.theedgemarkets.com/my/article/h...ays-423-sen-dpu Respectable results This post has been edited by Pink Spider: Aug 2 2016, 08:37 PM |
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Aug 5 2016, 04:42 PM
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#564
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IGBREIT ex date rally??? Apa ini?
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Aug 10 2016, 10:12 AM
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#565
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MQREIT net yield dropped to 5.9% at 1.28! Sell?
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Aug 10 2016, 11:50 AM
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#566
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16,872 posts Joined: Jun 2011 |
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Aug 10 2016, 02:43 PM
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#567
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QUOTE(cherroy @ Aug 10 2016, 02:32 PM) 5.9% still a high yield. Yessir! Axreit gross yield is only around 4.5%, it speaks the reit fever that the market currently having. Eh sorry, if u account for the cum-dividend, current net yield at 1.28 is actually still 6.1% Actually I don't get the low yield for Axis, yeah it's stable, but rental growth quite minimal for industrial REIT This post has been edited by Pink Spider: Aug 10 2016, 02:44 PM |
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Aug 12 2016, 02:33 PM
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#568
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Aug 12 2016, 03:18 PM
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#569
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QUOTE(cherroy @ Aug 12 2016, 03:15 PM) Yes, especially OPR may even be cut further in near/distance future. But don't forget, weak retail growth will hamper IGBREIT's earnings and divvy growth...Having said that, the risk now for reit is lease renewal with a soft business environment. That's why those has little risk in term of lease renewal (like IGBreit, Axreit) are being chased after until net yield below 5%. |
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Aug 12 2016, 03:39 PM
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#570
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QUOTE(PhakFuhZai @ Aug 12 2016, 03:35 PM) as long as there are still significant middle class exist in Malaysia human volume =/= shopper volumeMidvalley won't die just like the number of Benz and BMWs you see on the road everyday, it will only keep increasing Many people go for cinema, food and drinks, but u see many retail outlets don't really get a lot of shoppers |
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Aug 12 2016, 05:39 PM
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#571
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QUOTE(cherroy @ Aug 12 2016, 05:36 PM) Midvalley, this risk is minimal, as demand retail space for the mall should be still pretty strong. What I was referring to was "turnover rent". Declining consumer spending is one of the factor making IGBREIT latest results flattish.But for other mall especially those considered "secondary" one, yes, it is a serious challenge, as plenty of new retail space supply is coming to the market. Furthermore IGBREIT has been paying >100% payout. Should they reduce to <100%, divvy growth will be flattish too. This is reason why I sold 1/3 of my IGBREIT holdings yesterday. This post has been edited by Pink Spider: Aug 12 2016, 05:45 PM |
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Aug 12 2016, 09:10 PM
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#572
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16,872 posts Joined: Jun 2011 |
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Aug 13 2016, 09:09 AM
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#573
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16,872 posts Joined: Jun 2011 |
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Aug 13 2016, 04:59 PM
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#574
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16,872 posts Joined: Jun 2011 |
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Aug 14 2016, 10:55 AM
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#575
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QUOTE(PhakFuhZai @ Aug 14 2016, 10:41 AM) KLSE Screener app currently stated it as 5.08% Look at the analyst reports.in i3 forummer I remember got some ppl saying is below 5% MQREIT net gearing is quite high at 40%++ now It's going for some rights issue which will dilute earnings thus ability to increase/maintain absolute payout in RM terms Thus, it's not realistic to expect 8.4 sen gross payout in coming years |
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Aug 15 2016, 02:44 PM
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#576
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Regret dumping UOAREIT
QUOTE(cherroy @ Aug 15 2016, 11:40 AM) More like that fella head not stable Always post unsubstantiated comments just to invoke comments and response from others. Err...Devil's Advocate? This post has been edited by Pink Spider: Aug 15 2016, 02:45 PM |
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Aug 15 2016, 03:02 PM
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#577
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QUOTE(CP88 @ Aug 15 2016, 02:59 PM) It has went up quite a bit after I dumped it. Manakala my Matrix and United Plantations still stagnant 1.40 and I'd sell 1/3 of it Bear in mind that it's now trading cum-divvy 0.84 x 90% / (1.40 - 0.04) = 5.5% net yield This post has been edited by Pink Spider: Aug 15 2016, 03:10 PM |
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Aug 15 2016, 05:34 PM
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#578
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Aug 15 2016, 05:52 PM
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#579
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Aug 15 2016, 05:59 PM
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#580
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QUOTE(PhakFuhZai @ Aug 15 2016, 05:56 PM) RM13,600 Paper profit 10% already, not bad I'd keep til net yield drop below 5.5%, sell a bit If net yield drop below 5%, sell all QUOTE(CP88 @ Aug 15 2016, 05:58 PM) Takmau main REIT lo, hunt elsewhere » Click to show Spoiler - click again to hide... « This post has been edited by Pink Spider: Aug 15 2016, 06:00 PM |
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