Just check-in
Since tis is version 7, hope yield is 7% too tis yr

Challenges for Reits
http://www.thestar.com.my/Business/Busines...eits/?style=biz

Robust DPU growth in retail REITs unsustainable in 2015
http://www.theedgemarkets.com/my/article/%...e-2015%E2%80%99

Mrcb hold EGM today to seek approval for disposal of assets to Qcapita
When will Qcapita hold EGM to seek shareholders approval to buy those assets?

Current net yield of 6.55% is attractive when compare to other Reits

Arreit touch 0.895 which was 3 mths High
Went up fr 0.78 on 17/12 to 0.875 last week
Suspect Q4 results must b gud which could release anytime now

Qcapita acquisition of Platinum Sentral will reduce EPS fr 8.76 cents in FY12/2014 to around 8 cents in FY12/2015
Assume dividend @ 95% of EPS, dividend should reduce fr 8.38 cents to 7.60 in FY12/2015
Thus, DY will drop from 6.81% to 6.18% (b4 10% wht)
At DY of 5.56% (net), I urge existing shareholders to vote 'against' d acquisition on 12/3

'I' refers to me n a group of investors

Circular to shareholders

Among EPF top 30 equity investment in Bursa @ 31/12/2014, ony Axreit n Cmmt managed to join d List

Axreit announced unit split (first time for Reits in Bursa) from 1 to 2

In terms of absolute price, Axreit is d 2nd highest after KLCC
Other Reits price range fr 0.90 (Arreit) to 1.65 (Sunreit)
I suppose Axreit want to position their pricing below 2.00 mark which is comparable to its peers

U will receive invitation as long as u hold min 1 share

Interim dividend to ntice shareholders to vote in favour of proposals during EGM on 12/3

I wud advise u pick Ytlreit among d 3 shortlisted Reits

If an investor had bought Ytlreit @ 0.995 in Jan 14, ROI is around 11% (including Dividends)

Out of the 3, it's d Best

Gud opportunity to top up more

Arreit didn't specify date & venue of its AGM in AR plus no announcement on notice of meeting

Qcapita may xperience short term price setback coz its PP price @ 1.20 is lower than current price