😅😅😅, if go through then less npi announce for the next quarter...

eyeing all the famous retail reits , hvnt go in  pavreit, sunreit, igbreit.

Went in igb reit last week. Hmm....

Ytlreit, but already rebound 20% from lowest. Not the best bargain

You should sell it when it started to go downtrend. i did. But in fact i regretted also at first.
I have changed my strategy only collect when its low. when it go downtrend, I should not sell it. But now Covid pulak.

Unless the business is bad. As of now, u wont go wrong with SUNREIT, PAVREIT and IGBREIT. Just go there and sit for half day you can tell.
But now Covid so I think its hard. its cheap now but Im not buying until 3Q only decide.

Anyway, its still on the downtrend for most of them, It might/will still go lower I believe.

Sunreit borrows mostly from its own parent company, so it's not at risk of default even if the ratio looks bad. Sunway Berhad in turn has been able to borrow very cheaply given how much BNM has reduced interest rate this year. In their most recent CP issuance, they borrowed RM 75 mil at just 2.87%. This structure is more efficient as the parent is able borrow at cheaper rates than its subsidiaries, which is then lent downwards at similar.or slightly higher rates. That way the interest cost of the entire group is minimized.

https://fast.bnm.gov.my/fastweb/public/Publ...reenId=PB050400

You're welcome. Just an additional note, since their interest cost will decline quite a bit in the coming quarters, this will boost their DPU. Although their DPU for Q2 and possibly Q3 will be more negatively affected by the MCO. But by Q4 or Q1 of next year when their revenue normalizes, the DPU could reach a new high due to sharply lower interest cost.

Dont think that will happen.

It's called KL City Centre (KLCC) not for nothing.

Klccs owns 100 acres of the most prime property in the country.  For me if want to buy property, that will be the place.

The problem is always the price. Historically, it's always been trading at 1.1-1.2 PB. Now it's below one.  Good time to get some.

Petronas rents nearly 75% of klcc office space. Last month, Petronas renewed the lease to 2041/42. Thereafter, earlier this month, Petronas sold a big block of their Klccs shares (reportedly to pay government dividends) to ASB. I dont think the timing of lease renewal was a coincidence. Likely something insisted upon by ASB.
Not that I'm aware of. Maybe because we have fewer Reits n Mreits tend to have low leverage but now with the pendemic maybe this will change.

KLCCS, being the strongest, still has less than 20% gearing.