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M Reits Version 7, Malaysia Real Estate Investment
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apagranpa10
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 Feb 20 2015, 11:50 PM
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Getting Started
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QUOTE(wil-i-am @ Feb 20 2015, 02:20 PM) Qcapita acquisition of Platinum Sentral will reduce EPS fr 8.76 cents in FY12/2014 to around 8 cents in FY12/2015 Assume dividend @ 95% of EPS, dividend should reduce fr 8.38 cents to 7.60 in FY12/2015 Thus, DY will drop from 6.81% to 6.18% (b4 10% wht) At DY of 5.56% (net), I urge existing shareholders to vote 'against' d acquisition on 12/3 How you get the figures ? |
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wil-i-am
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Feb 21 2015, 10:47 AM
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QUOTE(Pink Spider @ Feb 20 2015, 07:00 PM) Quill said they will increase DPS/EPS % after Platinum Sentral acquisition to maintain current dividend yield...konon   Btw, the "I" refers to u or are u quoting someone else? 'I' refers to me n a group of investors |
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wil-i-am
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Feb 21 2015, 10:51 AM
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QUOTE(apagranpa10 @ Feb 20 2015, 11:50 PM) How you get the figures ? Circular to shareholders |
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SUSPink Spider
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Feb 21 2015, 12:31 PM
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My 2 sen worth...
Dividend yield reducing but as price to pay for increasing portfolio diversity and value, MAY be a good thing.
E.g. KLCCREIT and AxisREIT net dividend yield <5%, still not ppl buy.
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wil-i-am
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Feb 21 2015, 05:22 PM
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Among EPF top 30 equity investment in Bursa @ 31/12/2014, ony Axreit n Cmmt managed to join d List
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SUSPink Spider
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Feb 23 2015, 10:15 AM
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What happened to UOAREIT...jumped to 1.60  This post has been edited by Pink Spider: Feb 23 2015, 10:15 AM |
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Hapeng
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Feb 23 2015, 11:21 AM
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QUOTE(Pink Spider @ Feb 23 2015, 10:15 AM) What happened to UOAREIT...jumped to 1.60 yea man..  up 5% almost d |
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SUSPink Spider
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Feb 24 2015, 09:23 AM
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Anyone of u received the Quill Capita REIT circular on Platinum Sentral acquisition? Briefly read thru during my morning berak session...it really is a sucker deal  Sell, hold or vote no during the meeting? Don't u think the majority shareholders/management would be able to bulldoze the deal through? |
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gark
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Feb 24 2015, 03:44 PM
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Apparently the lower electricity price is beneficial for mall REITs as they will have lower operating expense, hence possible higher earnings.  Does not affect office or industrial REITs as the tenant pays their own electricity cost. QUOTE Electricity tariff to be reduced by 5.8%.
The Government has announced that it will be lowering electricity tariff prices by 5.8% or 2.25 sen per kilowatt hour in Peninsular Malaysia from 1-Mar-2015 to 30-Jun-2015.
REIT players to enjoy cost savings.
We are positive on this news flow as utilities which comprise largely of electricity cost makes up to between 33%-44% of total expenses for shopping mall owners. This post has been edited by gark: Feb 24 2015, 03:47 PM |
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cherroy
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Feb 24 2015, 03:47 PM
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20k VIP Club
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QUOTE(gark @ Feb 24 2015, 03:44 PM) Apparently the lower electricity price is beneficial for mall REITs as they will have lower operating expense, hence possible higher earnings. Does not affect office or industrial REITs as the tenant pays their own electricity cost. Only 3 months...  |
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gark
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Feb 24 2015, 03:56 PM
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QUOTE(cherroy @ Feb 24 2015, 03:47 PM) Only 3 months... Maybe will continue to be low? No excuse to raise it back up after June.. oil & coal prices has not rebounded yet...  This post has been edited by gark: Feb 24 2015, 03:57 PM |
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SUSPink Spider
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Feb 24 2015, 04:06 PM
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No Quill Capita investors here?  Unker cherroy, no comments on Platinum Sentral and MRCB entry? |
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ShinG3e
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Feb 24 2015, 04:29 PM
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Sunreit  |
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ZeaXG
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Feb 24 2015, 04:41 PM
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QUOTE(ShinG3e @ Feb 24 2015, 04:29 PM) Sunreit Don't be too happy. Three months ago, Sunreit jumped from 1.53 to 1.60 in one day. Thought got super good news. End up nothing happen. So over the next few days, jatuh back to 1.54..  |
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ShinG3e
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Feb 24 2015, 05:06 PM
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QUOTE(ZeaXG @ Feb 24 2015, 04:41 PM) Don't be too happy. Three months ago, Sunreit jumped from 1.53 to 1.60 in one day. Thought got super good news. End up nothing happen. So over the next few days, jatuh back to 1.54.. yea i know. i'm finding the reason why the sudden jump. meh. |
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cherroy
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Feb 24 2015, 05:21 PM
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20k VIP Club
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QUOTE(gark @ Feb 24 2015, 03:56 PM) Maybe will continue to be low? No excuse to raise it back up after June.. oil & coal prices has not rebounded yet... GST imposed on electricity bill after April... If so, why announced tariff lower for 3 months, which is a strange statement to start with. Hawker foods outside raised RM0.50 as far as I encountered after CNY.  |
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holybo
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Feb 24 2015, 10:23 PM
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QUOTE(cherroy @ Feb 24 2015, 05:21 PM) GST imposed on electricity bill after April... If so, why announced tariff lower for 3 months, which is a strange statement to start with. Hawker foods outside raised RM0.50 as far as I encountered after CNY. those hawkers profit margin is awesome too |
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gark
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Feb 25 2015, 10:39 AM
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QUOTE(cherroy @ Feb 24 2015, 05:21 PM) GST imposed on electricity bill after April... If so, why announced tariff lower for 3 months, which is a strange statement to start with. Hawker foods outside raised RM0.50 as far as I encountered after CNY. I think the government approach a wait and see for tariff revision. 3 months is probably how long Tenaga has hedged their fuel purchase. Anyway it is much better than Indonesia, electricity tariff changes monthly.. according to an unrevealed formula based on coal price, oil price and inflation. Petrol price also changes every 2 weeks.. GST is valued added tax.. paid by the end consumer (tenant).. so service charge will recover GST.. wont add cost to REIT Inflation is expected with the fall of RM.. rice import.. flour import.. meat import.. how? This post has been edited by gark: Feb 25 2015, 10:48 AM |
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gark
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Feb 25 2015, 10:40 AM
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QUOTE(holybo @ Feb 24 2015, 10:23 PM) those hawkers profit margin is awesome too Then.. no need to work at OnG leh.. go become hawker..  |
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