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 M Reits Version 7, Malaysia Real Estate Investment

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moosset
post Jul 17 2018, 09:14 PM

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IGB just declared 0.0214 per unit dividend.

2.14 sen per unit comprising 2.12 sen taxable and 0.02 sen non-taxable for the second quarter ended 30 June 2018

I thought we don't pay tax on dividend?
moosset
post Jul 18 2018, 09:52 AM

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QUOTE(cherroy @ Jul 18 2018, 09:14 AM)
Single tier - no tax

Reit distribution - witholding tax 10%.

Technically, the distribution of reit is not called as dividend.

Single tier - profit has been taxed at corporate level, hence no tax.
Reit distribution - Tax free at corporate level if reit distributes more than 90% of its income.
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1) so this tax cannot be claimed even if you earn below the minimum taxable income tax?

2) then actually it's not 2.14 sen per unit.
It's 2.12 * 0.9 + 0.02 = 1.928 sen per unit dividend.
It's a bit misleading to say 2.14 cent is the dividend, no?
moosset
post Jul 26 2018, 12:52 AM

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QUOTE(knight @ Jul 25 2018, 11:04 PM)
500k in MYR??

Have you settle any of your debts? If No, I prefer if you settle those loan first.

As for REITs, It's better you put some potion to test first as you may not want to lose money from there. Anyway, few REIT nowadays are on the uptrend but IMO, it's too late to buy but you still can buy due to the dividend. Just make sure it's for long term and for the moment if you want to buy, don't buy too much.

My 2cen. Hope some lansi expert dun flame me.
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how much is too much?? 10% of 500k = 50k ???
moosset
post Aug 11 2018, 12:48 PM

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does value investing apply to REITs too??

most of the REITs I see are above their NAV, so they are all overvalued?
moosset
post Aug 15 2018, 04:08 PM

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QUOTE(cherroy @ Aug 13 2018, 09:44 AM)
Value investing is not simply about buying stock that lower its NAV/NTA.
In stock market, value is given based on company ability to give investors profit/income or generate wealth, not solely about how much their NAV/NTA.

NTA/NAV is only 'valid" when the company is in the process of liquidating and giving back all the proceed from liquidation.
Otherwise, it is meaningless most of the time especially for minority shareholders.

While for Reit, it is primary judged based on ability to generate income.
Eg.
You may have a property that market value (or NAV) at 1 mil, but you have problem to lease it out, and the property is not only generating zero income but need to incur expenses that resulted in loss.
In this scenario, little investor wants to have this property even at 900k.
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Ok, noted. Thanks!
moosset
post Apr 3 2019, 04:25 PM

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wanted to buy YTL Reit but it's already so expensive. sad.gif

Any other REITs currently at a "cheap sale"?
moosset
post Jul 16 2019, 03:46 PM

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wah ... REITs prices have slowly gone up.

Does anyone remember what happened to REITs stock during financial crisis?
Did the price stay or tumble?
moosset
post Jul 18 2019, 07:14 PM

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QUOTE(Smurfs @ Jul 18 2019, 10:08 AM)
Hello,

What is your game plan for REIT?

Aim for 15% gain?
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QUOTE(bmwcaddy @ Jul 18 2019, 11:36 AM)
Stable capital growth/minimal growth for long term. 6-7% DY.

Not sure if 15% gain (i assume u mean capital gain) is too greedy haha
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I've just sold some of mine....

total return (dividend + capital appreciation) is ~17%
CAGR is 8.5%.
Note: calculated using FIFO method. Quite troublesome. I wish there were a software I could use to compute my return.

I think I made a mistake. Now I don't know where to park my money.

This post has been edited by moosset: Jul 18 2019, 07:14 PM
moosset
post Jul 19 2019, 09:00 PM

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QUOTE(bmwcaddy @ Jul 18 2019, 08:21 PM)
Which reit you prefer? Mind share?
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as suggested by Ancient below....

but now maybe a bit too pricey to enter.

QUOTE(Ancient-XinG- @ Jul 18 2019, 09:38 PM)
Igb sun axis.
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QUOTE(Cubalagi @ Jul 19 2019, 12:45 AM)
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.
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Thanks! I'll have a look.
moosset
post Jul 30 2019, 01:19 PM

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Already sold IGBREIT a month ago but now thinking of buying it for its dividend.

I feel stupid. sad.gif
moosset
post Jul 30 2019, 02:34 PM

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QUOTE(Hansel @ Jul 30 2019, 01:44 PM)
Did you sell it accidently ?
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nope. I sold it because the price was really high, around RM 1.98~1.99.

Also worried about the next financial crisis.
moosset
post Aug 10 2019, 12:08 PM

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QUOTE(thxxht @ Aug 8 2019, 02:02 PM)
can anyone comment on ALAQAR reit? they are all healthcare/hospital related. The yield is low but price is climbing steadily. Healthcare business seems to be very lucrative nowadays, especially private hospitals.
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QUOTE(Ancient-XinG- @ Aug 8 2019, 05:07 PM)
If you think like that better go for IHH and KPJ.
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I've IHH. Not much movement to be honest. sad.gif
Feel like selling it already.

QUOTE(Cubalagi @ Aug 8 2019, 06:52 PM)
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...
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Agreed!!

The KLCC is very solid but the DY is not very appealing to me. The price is very stable and almost doesn't move at all.
Others like IGBREIT, SUNREIT, PAVREIT are already so pricey so their DY is also not very attractive. sad.gif

This post has been edited by moosset: Aug 10 2019, 12:08 PM
moosset
post Aug 14 2019, 06:21 PM

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Hi everyone.

What % of your assets / investment is in REITs?
moosset
post Aug 15 2019, 03:38 PM

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QUOTE(PortgasDerekAce @ Aug 15 2019, 08:33 AM)
100

well, not 100% because most are in the form of cash, already placed order.
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so waiting for market crash?
moosset
post Aug 15 2019, 09:56 PM

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QUOTE(jutamind @ Aug 15 2019, 08:19 PM)
Wondering whether it's a good time to take profit on IGBREIT as it hits a new high recently. But then, after taking profit, not sure where else to invest in such a bloody market....
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I have the same problem!!
moosset
post Aug 21 2019, 02:46 AM

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QUOTE(Smurfs @ Aug 20 2019, 09:53 AM)
The y-o-y DPU for both HEKTAR & ARREIT has been declining.

As investors are treating REIT as alternative fixed income instrument, declining income is no-no.
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why look at yoy DPU and not yoy DY??
moosset
post Aug 21 2019, 02:44 PM

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QUOTE(Boon3 @ Aug 21 2019, 10:40 AM)
Wow!! I saw a chart in there... tongue.gif

DPU 2017 9.6 sen.

Total DPU received + current share price < 1.51

tongue.gif

Got nice dy each year but still losing money....
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thanks! How do you get this chart? I can't see this chart on my platform.
moosset
post Aug 21 2019, 04:12 PM

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QUOTE(Cubalagi @ Aug 21 2019, 04:00 PM)
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).
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ASx is high return or low return?
moosset
post Aug 21 2019, 05:18 PM

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QUOTE(Dividend Warrior @ Aug 21 2019, 04:40 PM)
Around 72%  brows.gif

user posted image
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what % in Amanah Saham?
moosset
post Aug 23 2019, 04:51 AM

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QUOTE(soniccute @ Aug 22 2019, 09:57 PM)
May i know where can I open an account to buy Reits /shares?
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just walk to any banks to open a trading account.

For example, Maybank trading acc, CIMB trading acc etc.

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