Watch the yield of MGS and Klibor, these 2 figure can affect more on reit.

Long journey ahead

IGBREIT ex date tomorrow... close 1.37....
nice push up... despite bloody KLCI today

Thanks for feedback.

I'm still not too comfortable while facing rate hike market sentiment risk. Our M-REITs are trading at rather moderate yield despite currency disaster. Considering Axreit, Sunreit, Pavreit and IGBreit, their net yield are ranging from 4.7%-5.3%, where the troublesome sg wang makes cmmt a little higher at 5.6%. Ringgit had felt 24% yoy, which had not priced into the yield. I am not sure what is current weight on foreign investors in M-REIT, especially Singapore investors. It used to be quite a bit for Sunreit and cmmt. If they pull out because of low return (aka depressing ringgit + moderate but not high net yield), could depress the share price.

Currently I owned a bit of cmmt and Axreit. Not dare to hold too much, only about 3% of my portfolio.

1.33 very good. I sell and wait for 1.28 again with 6%+ yield

Just 1-2 weeks ago I was expecting it to stay on 1.33 then ex drop to 1.29. So now bonus

Didn't know Reit also can play short term

wah, 600k only 600 sqft, damn!

scott garden not bad mah, convenient region, mostly Chinese community. Lots of pubs that you like around that area.

nah....net yield, minus 10% tax, only about 5.6% for 1.28.

not always, you were lucky on this igbreit this round. i played cmmt and it fell after ex date. haha!

Ya net is lower. But this one the price looks like easier to read. If read wrongly, nevermind, its a very strong reit with good growth prospect for long term holding.

Whenever I shop in mid-valley, can see so busy. 100% occupancy. Only KLCC can fight. But KLCC yield is lower. Still this is a better Mreit for me.

whats your prediction of kl eco city on MV ?

today it is, i think the most crowded mall in KL if not KLCC.
however, one big risk: its asset has only 1 mall (midvalley+garden).
if we look at cmmt, just 2 to 3 years ago, nobody even has any real concern on sg wang. But today, it's really looking so "out". The surrounding malls have taken over its position sharply. Anyways, it's still ok since cmmt now have 5 malls, so kind of diversifying the risk. Besides after mrt station completed in next 2 years, it's the closest mall to the big station, so people will sure go there for fast shopping.
remember pyramid once on fire? if this happens, it can kill igbreit.

however, just some thoughts to share. I also like igbreit. Excellent management and excellent asset with good yield.

This post has been edited by yok70: Aug 6 2015, 09:23 PM

I'm actually thinking to reduce my position in IGBREIT should it go up tomorrow

take profit 1st

But at times like these...move the moolah where?

parking in FD 1st.. later then hentam kaw

SGX listed worldwide REITs
Join us Anakin - the dark side will make U strong...

I have choices disorder...gimme too much choices, I will go

Bursa stocks already made me
Now u ask me go Lion City play-play...

Geylang...

no need to see stars lar - just focus on a few that fits your portfolio lar
SGD, Yen, Rupiah, Euro, Won properties all ada

Could go both ways. Anybody's guess

Ya I agree. Nothing will last forever. That's why people say don't fall in love with your investment

I go to Mid valley very often. So I have first hand feel. When there is any wind blow grass move, then it is time to sell ! But in mid-term, shouldn't be a problem. Only my feel lah...