Bro,... just dropping-in to ask this question : does the Mgr's expectation normally come true when a Msian REIT Mgr says the above ?

Okay,... tks bro,... then that's good,...

Same here, though my REITs (and Trusts and Stocks too), are across the border, they have given me lots of capital appreciation too in the last 8 to 9 years. On top of that, since I bought low during the GFC, the yield has been good, dividend has been healthy,....

IGBREIT is safe,... if you dump this REIT, you must be able to find another REIT to place this,... will you be able to find one which has the same qualities as IGBREIT ?

To me, the best carry trade pair is the AUD-JPY pair. AUD, though has dropping central bank rates recently, has always been strong, hence, minimising forex risk in the trade, while holding.

Whereas, for the JPY, the BOJ has always wanted the JPY to be weak,...

I've held on to some AUDJPY pairs for a few years, and have been enjoying picking-up the differential yield earned.

That's an interesting observation,...

My broker, isn't this normal ? How long do you hold ?

Looks like highest is ard 5.7% only,... for MY REITs,... can't beat S-REITs and A-REITs,...

If IGB wishes to privatise IGB REIT, the parent will know how to 'depress the price' first, in order not to pay more to investors to release the units. That's the 'first trick'.

On the flipside;

FD has no possible capital loss.
FD also has no possible 'negative revenue'.
FD has no hassles of needing to consider carefully and deciding to participate or not participate in possible corporate actions that may possibly, say.. dilute our holdings, hence less thinking required and less headache.

Actually,... I know of a few clients of mine who are able to earn SG dividends, and after converting into the RM, they are enjoying a good living in KL. A few SG fellas who migrated to KL and Penang under the Msia My Second Home Program are also living very good lives from their SG dividends.

Their lives become even better when the RM depreciates further against the SGD,... they're always saying this,.... they're always waiting for this. They say: earn SGD, but spend in RM. And no tax against their SG dividends.

So, living on dividends in KL and Penang is actually doable !

Okay, bro,... That's a first,... I htought it was divvies you were talking abt,...

If the loss in the YTL Income Statement is due to forex only, then the losses are not realized because the loan (3.2Mil RM) is not paid back yet, and has NOT BEEN RECALLED by the creditor.

Hence, it is only numbers here. It is an accounting procedure, and does not really affect a big company too much. In future, if, and only if,... as in the eg given earlier, the AUDMYR exchange rate can return to 3.00, the loss will be erased off via a future report. But, if the exchange rate remains above 3.00, a loss continues to be reflected in future Income Statements.

I think if we are to stretched it beyond just the currency of forex effect, then, to be more accurate, it's not really straightaway to realised income incaresed or reduced. IT's more like in the following :-

Aud rises, you will have
a) gross rental collected rises
b) but property expenses, taxes, etc also rises
c) finally translating into realized income rises or falls, further translating into dpu rise or fall.

But, the P&L or Income Statement will of course reflects a rise in the revaluation of property in RM terms.

Aud drops will exhibit the opposite of the above effects !

Paddy,... thank you for this important update,... THis is an alert for investors on this ctr.

The REIT that I invest in in SG has holding positions in Hektar REIT too,... I'd hope the REIT, Frasers Centrepoint Trust does not increase its position in this 'lousy' Hektar,...

Thing is under poor mkt conditions, IPO Issuers will not jack-up the IPO price too high,...

Bro,... I believed for the RM-denominated REITs, there would not be too much of forex risks because the RM tends to weaken against many currencies of the world,... when the RM weakens, the gross rental collected would be MORE,...

Our SG friends are more nervous abt forex risks because the SGD tends to strengthen against many currencies of the world,....

The yield for Keppel DC REIT is not particularly that great too,...

How do you mean, bro,... by high capex once the lease is finished ? Is it that the trustee-mgr need to renovate again at high cost with additional tech specs before renting out to another tenant ? If the premise is not a BTS type, why shld additional specs be added ?