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 M Reits Version 7, Malaysia Real Estate Investment

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ryan18
post May 2 2018, 08:02 AM

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QUOTE(Ramjade @ May 1 2018, 11:26 PM)
You should open Cimb fastsaver.  1% for first SGD50k. Also it's free as there's no min amount.
Good luck with ASX as most broker need you to have AU address,  phone no. Believed me, I have searched. You can open without those but you need to be there in person.
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Oops sorry correction yeah mine is fastsaver

For ASX maybe can try NABtrade I tried opening and got stuck at the verify your identity,need to find someone such as bank manager or Commissioner of Oath to certify your documents and identity

The trust account rate for them is pretty good as well at 2.15%

Brokerage is pretty competitive as well at AUD14.95(that is GST inclusive) so if you are in Malaysia and they charged you you can try to contact the customer service and they will refund it back

No harm trying
ryan18
post May 3 2018, 12:09 AM

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QUOTE(Hansel @ May 2 2018, 11:38 PM)
Hehe,... yeah, right also,.. even if higher cost, so what,... hehe,.... BUT, as experience picks up and wishing to earn more, then improve-lor,.. but if still wishes to stay the same also, nobody stops you.

Frankly, if everybody goes to the other side to open accounts, three effects will surface :-

1) brokers in Msia cannot earn the higher fees already.
2) the other side will start to clamp down, and become more aware of what the foreigners are doing,... to me, this is not very good, with all the protectionism starting to happen around the world.
3) there might be abuse by Msians, which will cause the other side to clamp down on Msians,... a good eg would be after the 1XXB event, the MAS is very alert of Msians. No tks to 'that fella-lar',...
Hence, in conclusion, it's good that some investors continue to use local platforms to buy international shares. Let's not have everybody go to the other side. Spoil the whole thing later.

Edited by adding the following :-

Going all the way has its fun too, as in experiencing new system, new culture and being able to attend AGMs (I don't think anyone who buys locally is allowed to go for AGMs even if he asks to,... please correct me if I'm wrong here).

Meeting new friends and investors from the other side, networking, etc, etc,... it's a whole new ball game,... just like going somewhere else to work on assignment or applying for a job in another country. Except for this one, you need to put money in.

You will create a whole new set of paradigms in life. YOU get to interact with their gov't, their regulators, their investor associations,...No end to it all,....  rclxm9.gif
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Oh this is 1st time I am hearing if you buy locally cant attend AGM.
before i transferred my sole holdings of my SREIT to DBSV from CIMB, I have been receiving Annual Report from the REIT

For ASX share, I believe they identify you using the HIN. not sure if you buy locally, will you get any shareholder welcome letter with your HIN
ryan18
post May 4 2018, 11:40 PM

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QUOTE(thxxht @ May 4 2018, 10:12 PM)
Bought them over the years with some savings, kinda like Fix Deposits, though i don't really monitor them much.
it's basically 100% MREITs, i not familiar with the stock market to buy into other stocks so I don't dare go there, I understand REITs are all property related, generally low risk, don't fluctuate much and rely on dividends payouts. I myself invest in real estate as well, so it's a familiar field for me.

the ones that aren't in bad shape are IGB, KLCC, PAVREIT, SUNREIT and YTL. These ones has been very strong for a very long time, though i remember IGB having a bad time during its first years.

I basically top up on some reits if I have some excess savings.
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IGB Reit has been stagnant for quite some time after its listing,regret didnt buy more
KLCC,PavREIT,Sunreit and YTLReit doing ok
Biggest disappointment is CMMT

For dividend stock maybe can consider large bluechips,telco,bank
As a reference below are my stock definition of dividend stock,growth stock and also speculative stock, and also included another theme 'door gift stock' (this tends to be a hit and miss,as company may decide to reduce or dont give at all lol)

Dividend stock-REITS such as CMMT,IGB REIT,KLCC,Pavilion REIT,Sunway REIT,YTL REIT, bank such as CIMB, Astro, telco such as Axiata or Digi,YTL Corp,Sime Darby companies,UEM Edgenta
Growth stock - Airasia (anticipating their special dividend), Ecoworld, iBhd,Malakoff,Rev Asia, Bermaz,BDB,MSM,Sunway Bhd
Speculative - Fintec Global (a friend bought at 7sen and somehow price rises to 21sen,doesnt want to sell and end up currently with a huge paper loss)

door gift stock-Astro,Digi,KLCC,Petronas companies,Sime Darby companies,BDB,Airasia(if you hold enough shares lol)

This post has been edited by ryan18: May 4 2018, 11:53 PM
ryan18
post Jul 8 2018, 08:01 PM

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QUOTE(TSOM @ Jul 8 2018, 03:42 AM)
will this affect PavREIT positively??
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Hmm pavilion Bukit jalil is not under pavilion reit
No effect I guess
ryan18
post Nov 4 2018, 09:03 AM

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QUOTE(knight @ Sep 23 2018, 07:21 PM)
Did you forget about Pavillion? I think they are doing Good.
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Pavilion KL is good but in pavilion reit portfolio there is Damen mall which is practically “dead”,people mostly only go there to makan and not shop
ryan18
post Nov 4 2018, 07:08 PM

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QUOTE(knight @ Nov 4 2018, 06:08 PM)
Is it?? I never been there. But I think if got ppl go there then should be ok bah. Need to see their financial report lor like that.
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Haha that is one of my usual lunch place since my office is nearby summit/sunway pyramid/damen/sunway geo
The NPI is still positive but low
ryan18
post Jun 16 2021, 12:27 AM

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QUOTE(Smurfs @ Jun 11 2021, 01:41 PM)
With those occupancy rate and the below "forecast" Yield FY 2021, not my cup of tea  tongue.gif  Somemore they are assuming on 100% payout rate.

user posted image

SUNREIT?

Let's revisit at my initial writing since last year May 2020 :

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

My Sinkalan forecast DPU for FY20200 : 7.7sens
Actual DPU FY 2020 : 7.33 sens
To-date FY2021 DPU : 1.67 sens

SUNREIT's major property income is derived from Retail, and with all these never ending MCO CMCO RMCO FMCO, impact on retail sector is REAL and huge. 

user posted image

I doubt SUNREIT is able to pay 7 sens this year....Now lets see the chart :

user posted image

1.4x level seems a pretty strong support...If i place a bet invest now, most likely i am able to get 4 sens FY2021, which translate to 2.8% yield this year...at the same time, i'm "hoping" the situation will get better and DPU will normalise soon..worth the bet?

Another write up last time :

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

Yes with worldwide massive fiscal injection to fight covid and central banks shift towards more accommodative policies, low interest rate environment will continue..at least for a year or two.. Yield chasing pension funds and institutional funds still remain invested in REIT.

However, as a tiny retail investor, i will still ask myself whats my expectation to SUNREIT? recovery play? Dividend play? Is there any other options out there?

If i want to buy into a REIT, i aim to collect Rental from it....if i know most of tenants unable to pay me rental, or i have to subsidize their rent for the time being, why should i buy into it? Why now?

Perhaps you can take a look on ATRIUM...now trading at all time high..and there is a valid reasoning to support the rocketed price  laugh.gif
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Based on the IGB Comreit ROFS price of 40 sen (after considering the free shares) the estimated yield for 2021 is about 9%
As for Sunway REIT, there are a lot of disruption from the lockdowns and with the latest announced recovery plan, it’s not going to have very nice performance till FY2022 I think

This post has been edited by ryan18: Jun 16 2021, 12:32 AM

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