Meaning they are getting ready for an acquisition spree in the near future?

Both are strong, but I will pick Pavreit due to stronger location and prospect of injection of Pavillion Mall extension next door (due to be completed in 2016).

Disclosure: I own some Pavreit

I hold some Pavreit (sold most last year) and some Al-Salam.

Anyone interested..there is a one day REIT Analysis workshop to be at BSKL on 15 April. Dunno who the speaker.

http://www.bursamarketplace.com/mkt/happen...ay_course__1304

I disposed all my Pavreit early this year, but now eyeing it back again.

Hi,

I have started to dip into MREITS again this month.

Note that at the end of this week, MREIT prices jumped. This jump is probably due to talk that BNM may be cutting rates soon due to weak domestic economy and US Fed becoming dovish at their last meeting.

Which crisis? 2008? I don't think Malaysia has a proper REIT market then. I think all IPO after that, except maybe AHB.

But if u look at US Reits as an indication of what can happen in financial crisis .. It crashed together with all other stocks in 2008/2009. So not safe either.

With current market weakness, you might want to consider the alternative of putting ur money in some good dividend blue chips instead. Some are having DY as good or better than reits.

I don't think it was a stupid decision. Yield is now below 5%.

Put in somewhere else..

Dy data is outdated in that link.

It paid 3.95 Sen gross dividend for last 12 months.. Giving a gross yield of abt 7.8% at current price. It's also trading more than 50% below its NAV..which is the value of its properties based on independent valuation.

Good right? But what's the catch? high returns mean higher risk.

Amfirst weakness is that it is an office Reit. There is a big oversupply of office space now and in the future. PNB118, TRX... Good thing is that it has a good anchor customer being Ambank. It has a shopping centre, Summit USJ, but there is a also a shopping centre glut for the secondary shopping centre's. It's not KLCC or Pavillion. So there is some ??? on sustainability of earnings going forward.

So it's ur call, as long as u know what u r buying. Personally I don't think it's such a bad idea.. It has gone down a lot in price. It's still safer than many other things on bursa..

Don't track based on average price shown on ur brokerage account. Usually that will not show the right picture.

Build ur own spreadsheet of your holdings, track buy n sell n portfolio market value. Include cash dividends received. Dividends are roughly about 50% of a Reit total return. Update regularly. Thats how u track progress. N u need to track coz the idea of investing is grow wealth over time, not a few wins here n there. If ur wealth is not growing, then why bother?

50k for a single counter? .That's normal for me but difficult for anyone to say if it's right for u. Investment is very personalized. It will depend on your financial situation, risk tolerance levels n where u are at in your investment journey.

U just have to make sure tht u don't buy too little that it's just a waste of time n high transaction costs n at same time not too much for your situation that if there is a big crash, you don't feel like killing yourself.

This post has been edited by Cubalagi: Aug 3 2019, 10:49 PM

I say KLCC.

Dividend yield is kinda on the low side BUT bragging right is big! U will actually own the Petronas Twin Tower, which is one of the most iconic building in the world. Cool right?

This post has been edited by Cubalagi: Aug 6 2019, 08:22 PM

Why u don't like KLCC?

Many sources.. Ur online brokerage account, Bursa Malaysia website, i3investor website, the individual Reit websites etc. etc.

I have 0 M-Reits exposure atm.

The prices of the "usual suspects" Reits have gone up a lot this year and I don't find the current yield of 4+% or low 5% attractive enough, considering the overall economic sentiment. I rather go buy divvy blue chips which can offer nearly the same or better yields and with higher potential capital upside.

So, if I have extra money n I must buy Reits, I will chose either between 2 extremes:

a) the "most solid" REIT, n that's KLCC stapled with a 4.68% DY, strong anchor tenant(Petronas) and low debts levels. I'm pretty certain it can withstand recessions.

Or

b) the small higher risk Reits with 7+% yields like Amanah Raya, , Amfirst or Kip. This is more for an income booster to the portfolio. Of course, i won't put the same amount of money in these Reits compared to KLCC.

The ones in between are not interesting enough IMO.

That's my thinking anyway...

This post has been edited by Cubalagi: Aug 8 2019, 07:12 PM

KLCC, at 4.68%, is a good alternative to FD I think. N as I said, is good bragging stock to have.

Pavi, IGB, Sunway now have about similar yields to KLCC., doesnt make sense to me. Having said that, if BNM cut rate again end of this year, there could be some upside still on these Reits, but that's about it.

This post has been edited by Cubalagi: Aug 10 2019, 07:40 PM

0% at the moment. But if there are future opportunities, could be up to 20%.

Higher returns = higher risks

Risks = potential to lose real money

That's has always been the investment game (with the exception of the fixed price ASx funds.. Haha).

This post has been edited by Cubalagi: Aug 21 2019, 04:00 PM

"Risk free" 6-7% per anum.. Very high

https://www.thestar.com.my/business/busines...tious-investors

Good reading on MREITS.. Even here in lowyat I noticed an increased interest in Reits..