Good bargain at 0.90. Of course with dividend lah

When the only vacant property finds a tenant and back to normal rental income, it will be 7.7% yield

Have also disposed this reit last time. Hope it can go down to RM0.90. RM1.00 also ok lah I re-enter

When it was plunging to RM0.60, it was not fully tenanted, one of major tenant moved out that resulted DPU plunged severely that's why its share price dropped so much at that time.
I had it that time, DPU plunged to around 0.8 cents, instead normal around 2 cents.

I won't buy at RM0.90 with no DPU, but I would buy if below RM0.40~0.50.

I bot Atrium during bad time too
The highest n lowest dividend from 2008 to 2014 was 8.80% (2012 n 2013) n 6.95% (2009)

Bro cherroy,
Do you still hold MQreit?

So we shall look at this REIT when it touches 0.50 range?

With NTA at 1.40, way before it touches 0.50, it will be privatised

Let's hope for RM1.00 is more realistic

Yes, but not keen on adding with the new acquisition.
I preferred the old Qcap.

When it touches RM0.50, investors may interest to privatise it.
Privatise at Rm0.50, fire-sale the property at 30% discount, you still get RM0.80~0.90,

RM0.80~1.00 is possible if DPU is poor.

Reit market looks for yield one.
NTA only can see, but cannot touch/eat one, so useless for investors until it is being liquidated.

Quite close to my agak-agak RM0.30.

Some realistic facts trivia.

2008/2009 trading about RM0.60 without one tenant.
2015 trading about RM1.13 without one tenant.

About RM0.50 difference for a similar situation that cannot be explained based purely on the academics. However, inject a good dose of "fuzzy logic" & we start to see the picture . . .

Cherroy have his own logic with his RM0.40/0.50. I am more kiasu at RM0.30, you have your own logic . . .

Wishing the best to all however they want to spend their money.

Let's do a simple valuation :

1Q 15 profit RM2.1m (DPU gross 1.73 sen)
2Q 15 profit RM5.5m less profit for sale of property RM4.3m = RM1.2m (DPU gross 1.00 sen)

Price today RM1.14
Annual DPU = 4 x 0.9 sen = 3.6 sen / 1.14 = Net yield 3.2%

Based on current scenario (1 property vacant)

Valuation with target 5% yield = RM0.72
Valuation with target 6% yield = RM0.60
Valuation with target 7% yield = RM0.51

So with the assumption that the Puchong property will be vacant forever, at target 5-7% yield, the valuation based on DPU is around RM0.50-RM0.70. This will be the base line

But the vacant property will not be vacant forever. And if the share price is so low, major shareholder will be thinking of privatise it and make tens of million selling the properties. I still think the market price won't drop until so low with valuation of RM1.40. Although I also like to buy if it drop to 0.50-0.70

ok la, got chance average down my amfirst arreit and twrreit liao

Reit prices don't seem to cirit birit much. Was hoping for shopping carnival soon

Jangan lah...other stocks already menstruating like no tomorrow

sunway REIT 2.05sen
0.96 sen taxable,1.09 sen tax exempt(bursa announcement) or 0.79sen taxable,1.26 tax exempt(presentation slide) payable 10 sept

This post has been edited by ryan18: Aug 11 2015, 08:53 PM

FY6/15 DY of 5.70% (b4 wht) is not attractive
Hope DY will increase in FY6/16 as Sunway Putra Mall commence biz in 3Q15

Why is UOAREIT dropping so much?

Edit: Ok, so it's very low volume. But still shocking the lack of any buyers. I don't hold it but it'd always seemed like a decent REIT to me.

This post has been edited by wankongyew: Aug 12 2015, 09:24 AM

iJibby reit getting really tempting.

what?

All sold down across in the market, nothing spare, sentiment is bad across.

If BNM raise rates, REITs will kena