Tawaran Saham Khas Bumiputera bagi KIP Real Estate Investment Trust (KIP REIT) kini DIBUKA bermula 09 November 2016 (Rabu) sehingga 16 November 2016 (Rabu) 12.00 Tengahari. Tarikh akhir penghantaran borang permohonan pada tarikh 18 Novermber 2016 (Jumaat) jam 4.30 petang.

http://sahamonline.miti.gov.my/

prospectus launched already?

Not yet

Parking ~
After so long gonna have REIT IPO

This's a condo REIT company?

By the way, where's my See Hoy Chan REIT IPO?

Property company KIP eyes Bursa listing next year
http://www.thestar.com.my/business/busines...ting-next-year/

reits no much momentum leh..

I skip... Look at As-Salam REIT.... Boring....

anyone plan to apply?

Me me
On the amount, needs look at price & yields given...

nice! listing end of dec or early jan? need to plan for my bullet for other upcoming IPO. lol.

reit is meant to be boring and give you stable return.

I didn't find any info? Is condo or mall reits

just let it go on listing day should be okay right?

the purpose of reit is meant to be long term, generating stable stream of cash flow over the long period.

if you want to pump and dump, reit is not the way to go. reit is for investors.

but generally, IPO on listing day should see little movement. at least.

Dec no way. too short period..

most likely Q1 2017

noted bro. tq!

parking

Possible but apply at your own risk

trade at your own risk yo

normally reits for dividend collection

any fundamental data?

hi,

the info from bank ,that this Ipo will have an offer price of 1.50 - 1.60 and it is expected to be listed end of Jan 2017.Taking As salam reit as an example that had managed to secure 5 cents upon listing..I would apply quite a lot for this IPO..again be careful because the offer price is quite high.

tq

1.50-1.60 I see.

Quite high for a REIT IPO. Sentiment must also be factored in as ALSREIT that time, the market slowly recovered from the 2015 lows.

This post has been edited by ILoveLalat.net: Nov 14 2016, 01:27 PM

Anybody apply this IPO thru MITI

Did the staff reveal indicative DY?

Pricing of 1.50 to 1.60 is bit too high..
We needs to see DY too & assets..

Hi

I agree the price is a bit too high..The officer told me the offer price will not go beyond RM 2 , I asked again the exact offer price and he revealed 1.50 - 1.60. if not mistaken As salam reit was offered at RM 1 and upon listing managed to register RM 1.05 and its highest price on the listing day was 1.13.

tq

yeah, for reits listing.. easily can get few sen profit first day..

but most of us invest for DY only.. some for both

non syariah.. i skip 😞😞😞

hi

I just applied 300k units for this IPO, taking into consideration the previous Reit ipo performed better upon listing like KLCC and pav reit

Prospectus Exposure – KIP Real Estate Investment Trust
https://www.sc.com.my/prospectus-exposure-k...vestment-trust/

It's officially out!

Opening of application 30 Dec 2016
Closing of application 16 Jan 2017
Balloting of application 18 Jan 2017
Allotment of IPO shares to successful applicants 03 Feb 2017
Tentative listing date 06 Feb 2017

Official Prospectus
http://www.bursamalaysia.com/market/listed...cements/5302493

KIP REIT to raise at least RM234m from IPO
http://www.thestar.com.my/business/busines...m234m-from-ipo/

Hi,

Got info that miti will release results on this IPO and hopefully they can make it this time around.

So this is a retail REIT.

Based on Prospectus, DY forecast (based on RM1.00 price) is 6.54% for 2017 and 6.59% for 2018. NAV is RM0.98.

Properties mostly in South. Sort of like a Tesco, Giant and target basic shopping needs of lower/medium income families.

E.g.

http://kipmart.com.my/en/kip-mart-tampoi/

This post has been edited by Cubalagi: Dec 31 2016, 01:28 PM

Got to say this IPO is for long term..
For dividend collection..
Not hit & run

--removed

This post has been edited by galaxynote259: Jan 1 2017, 05:49 AM

REIT normally non-shariah lorrr

Got shariah reits too..

huartt arrrr

solid $$$$$

This IPO shariah or not.How to check

hi

result from MITI already out

who cares ( small matter )...

as long as you not having SEXS with others ( including gay + lesbian) , stole some one money , drinks toddy , beer , & , gambling in genting casino + buying 4D Magnum + TOTO & what not .....

This post has been edited by SURE ANGPOW: Jan 4 2017, 02:17 PM

I will apply some for small profit..it never bother me shariah or non shariah..money is the same.Unless you steal someone's money..that is wrong

this time got to agree with our fren Nik A - as long you not having sexs other than your spouse + No gambling - casino + toto + magnum , no beer + toddy & what not....it's OK

Take a look at our latest review for this IPO!

IPO - KIP REIT

Like our Facebook Page as well for more investment related posts

TP RM 1.68

after rigorous fundemental analysis

This post has been edited by SURE ANGPOW: Jan 6 2017, 01:56 PM

Done applied 200k..hopefully can get some profit

Closing of application 16 Jan 2017...

still have time

WOWWWW....take revenge . dude ?

## sure Ms Nexona got jealous liao

BAGI YANG BERTANYA TENTANG STATUS SYARIAH KIP REIT

Menurut "Guidelines on Real Estate Investment Trusts" dan "Guidelines on Islamic Real Estate Investment Trusts" (Guidelines) oleh Securities Commission, syarikat yang menguruskan Islamic REIT perlu melantik penasihat syariah bagi fund tersebut.

Penasihat Syariah perlu membuat penilaian ke atas aset-aset yang akan diperoleh oleh Islamic REIT yang mana secara umumnya, penyewa aset-aset ini perlu menjalankan aktiviti perniagaan yang patuh Syariah. Walau bagaimanapun, sekiranya berlaku percampuran aktiviti perniagaan antara perniagaan patuh dan tidak patuh Syariah, hasil sewaan aktiviti peniagaan tidak patuh Syariah mestilah tidak melebihi 20% daripada jumlah pendapatan (revenue) Islamic REIT.

Selain itu, pelaburan yang dibuat, deposit, pembiayaan perbankan dan insurans yang digunakan mestilah patuh Syariah.

Berdasarkan maklumat daripada prospectus KIP REIT (KIP), kami tidak menemui senarai Penasihat Syariah atau Jawatankuasa Syariah bagi KIP. Manakala, deposit, pembiayaan perbankan dan insurans bagi KIP adalah produk konvensional. Jadi, KIP REIT tidak menepati ciri-ciri Islamic REIT sepertimana yang dinyatakan dalam dua 'Guidelines' di atas.

Allahu A'lam. Terima kasih.

Sumber : Jabatan Syariah

Selain aktiviti bisnes, kita tengok financial ratio juga. Bukan lihat cuma pada aktiviti bisnes.

Bro(s) >> as long as ...you not having sexs with other than your spouse + No gambling - casino + toto + magnum , no beer + toddy & what not....it's OK laaa...

KIP TP >> RM 1.68

This post has been edited by SURE ANGPOW: Jan 8 2017, 03:22 AM

syukur IPO KIP REIT tidak menepati ciri-ciri Islamic REIT..

ada chance lebih untuk semua orang

one thing some in critical financially , in need on $$$$$ desprately ...

it's OK to apply this IPO rather then punting 4D Magnum or TOTO or GAMBLING ..

Good news for those planning to bid for this IPO, I may skip this after taking due consideration so there's less competition as I'm planning for Serba instead. My personal TP is below RM1.

Well for me I don't care haram or shariah...
As long it's give profit to me

looking at kip n also serba..anyone gt reports can be shared for kip?

Hello, will be my first time applying for a ipo. I have an Maybank current account and a Hong Leong trading account.
When I reached step 3 in maybank2u, I don't know what's "To Open CDS Account: "

What should i do?

provided you have CDS account, not a nominee account with HLE

Management fee very expensive, but dividend paid not bad...I've placed 1500 units...

This post has been edited by jack~daniel: Jan 9 2017, 04:51 PM

dun forget the history of ALSREIT!

Can apply this IPO
Can keep long for dividend...

Or if listing day fly high can partially sell & balance keep for dividend..

EXPLOSIVE - HIT RM 1.13

EXPLOSIVE - HIT RM 1.13

THIS KIP SURE better than AL SALAM

Except what is terrible is that it is unlikely to be undersubscribed...

Applying this one now. wish me luck

Just applied IPO subscription. Wish me luck and to all as well.

closing 16 JAN .. right . why so fast?

since have the time, applied for it first. worry anything would happen on 16 Jan. elea88

This post has been edited by haru20: Jan 11 2017, 03:06 PM

You not apply thru MITI?

well as usual..

apply the very last minutes

anyhow, got IB report ah??

This post has been edited by nexona88: Jan 11 2017, 04:59 PM

In terms of portfolio performance, KIP REIT said its net property income (NPI) grew to RM42.24 million in the financial year ended June 30, 2016 (FY2016), from RM32.76 million in FY2014. Though it forecasts that NPI will fall 35% to RM27.62 million in FY2017, it expects NPI to bounce back to RM41.09 million in FY2018.

The bearish outlook for FY2017 could be because some 540 tenancies that are occupying 42.3% of its total lettable area — which contribute some 47.3% of its gross rental income — will be expiring during the financial year.

From TheEdgeProperty




Also

From research paper attached.



This post has been edited by Benster124: Jan 11 2017, 05:25 PM


Attached File(s)
 IPO_ReitvsNonReit.pdf ( 376.96k ) Number of downloads: 77

cehhh....wasting my time opening this !

not relevant !

The point is IPO for REITs is only for long term yield, not quick initial gain. But from 2014-2016, the occupancy rate has reduced continuously from 89.7% down to 87.1%, trailing 4 months at 85.3%.

Reason quoted in prospectus, for significant (40-50%) turnover rate for 2 out of 6 properties(senawang and Melaka) is they are newly opened and the tenants are not familiar with surrounding local markets. Though both properties have begin operation in 2012 and 2014 respectively.

Do you think it's because it is too early? Closing of application is on the 16th and so far, I have searched all over and have yet to find one...

I don't think it's too early..
By now should have IB report..
Same, I cannot find any report..

why must depend on IB haaaa....?

based on hot IPO now + Al Salam REIT >>

this KIP IPO >> SURE ONE $$$$$

will issue the TP anytime

the TP >> RM 1.38

Mind to explain how u arrive at that TP?

I apply through MB2U. Fast and simple

I apply through MB2U. Fast and simple

By right now IB shud come out with TP..it encourages people to subscribe

I've subscribed through M2U earlier. Now I plan to subscribe more units. Is there a way to add more using the same CDS?

IB purposely not want to give the TP , they too want to wallappp this KIP $

True..
But seems there's no TP report by IB

Or I somehow missed it

Reit is not as same as ordinary stock. as name implied, Real Estate Investment Trust.

Its upside potential is always about its yield.

It's hard fly high in first day listing?

If fly until yield drop below 4%, why investors want to buy reit?
Might as well put the money in FD.

Reit is like rent out a property and collect rental.
Earning is highly predictable until there is rental revision or new lease.

Reit upside is about 2 main factors
1. Yield attraction.
2. Property valuation of its portfolio.

This post has been edited by cherroy: Jan 12 2017, 11:16 AM

I do agree with what nexona88 have suggested:
"Can apply this IPO
Can keep long for dividend...

Or if listing day fly high can partially sell & balance keep for dividend.."

If it really do fly high during listing, that is a bonus, but most REIT investor would be attracted by their long term yield.

Tq Bro. This answer i need. Not nonsense answer..

can't. it will be considered as double application. can't edit once submitted.

remember the previous reit - AL SALAM !

fantastic debut $$$$$$$$

many bangg head to the wall due to didn't apply $$$$$

this KIP TP of RM 1.38 is with in reach !

Dato' Chew Lak Seong
Dato' Ong Kook Liong
OMG.. a failure development project even until today.

Also they both:
I dont know about the rest of the Summits, but Summit square is near my parents house, it has been a dead mall since 15 years back.