there is one interesting point to note...

trading volume has been perking up.... evidently there appears to be more punters... which also means that it's an interesting note..... indicating that it appears not many were burned from the earlier market plunge..... new punters? or punters were smart to stay on the sideline till recently? or no 4d to punt, so punt the stock market?

check bursa website?

Smurfie! Hope you are all good.

Ehm... ehm.... that example is LOL!

anyway.... now it's also a good time to reflect on some of big winners recently....
ie looking back on some of the current big winners...
ask our self...
eh... how come I did not consider that stock the other day? how come I did not hantam the bugger?

ok... for example....

say MyEG. it was around 80 sen recently.. how come I did not consider it? Fundamentals were intact, no?
or how about Heitech Padu. That last QR in Dec, that was rather interesting, no? And the stock went down a lot, yes? Why didn't I hantam it?

ah... ok... those 2.... very political linked.....


or how about Master? It crashed from 3 bucks, to a penny stock, no? Scary ya... but fundamentals, not bad, eh?

now obviously these 3 stocks... they are just brief examples.... and these stocks had shot up a lot already.... DEFINITELY not asking to buy...
but hey... simple 3 examples... where one could have punted on, yes? Punt 1 enough lo.... and guess what? No glove stocks.


Anyway ... to improve ourselves.... shouldn't we seek ways to improve ourselves?

You can go to https://klse.i3investor.com/index.jsp and search for the company. There, you can see their announcement dates for the past quarter reports to get a guess on when their next report would be

Hello Ah Boon! Hope you're doing well.

For those 3 stocks (or any future stocks), how do one notice of their fundamentals improvement? Is there a screener that one can use? Or straight up just analyze all the companies that report improvement/YOY growth whenever the quarter reports released?

Sunreit... no dividend.. indicator for other reits?

(yet their management fees increased.. Lol)

From the Quarterly report, it seems that SUNREIT changed their distribution frequency from quarterly to semi-annually. Reason being is to preserve cash, containment of cost and re-prioritizing CAPEX



From Current QR :
Net Property Income for Retail : -11.2% yoy
Net property Income for hotel : -34.6% yoy



My wild guess DPU FY 2020 will be 7.70 sens. Hence :

SUNREIT yield : 0.77/1.6 = 4.8%
eFD promo rate : 2.59 %
10 yr MGS Yield : 2.91 %

Now the question is, can buy ah?

My 2 cents , please take it with a pinch of salt. Blow water only.

walo!! whacking it all on the trader ...

wait here is the chart... b4 the market starts... the weekly chart ....

Haha as a newbie investor, I see cheap and is supported at that level.

So the question of course is there meat?

Firstly, as a trader, I would like to see how the market reacts to 'surprise' of change in dividend payout.... would they 'like' it?

Now, let me use your number of around 7.7 sen as a guide.... (f i had to guess ... it's probably between 6-8 sen. lol)
please correct me for this part next...
s0 7.7 sen for the year. they already paid out 4.9 sen.
which means... if say i whack now... i can only expect a 2.8 sen for the current sunreit fy.... (attractive enough to seduce me?)

ok, it has got to be at least a 5 year trade....
so they say... time is the best friend for the good stuff (but time is also the worst friend for the bad stuff... hahaha )

the biggest question now is next year.. or more immediately the next quarter, where we really see the tahi hit the kipas....
as it will include the Apr and May numbers...
the hotel sector .... it will be hit so bad....... really bad... even now...as more business are now open for business, the hoteliers are hardly gonna to see any at all...
and the biggie for hoteliers each year..... is the ramadan buffet..... which i reckon is a big money booster for them....

the mall sector... can't say too much at this moment, as I have yet to step foot in any mall....
but the risk for me is.... the impact...
will sunreit give a pass (in rent) to its mall renters? And will it see closure of the smaller shops in the mall.... ie how many small retailers will survive 19?

so come next quarter, will the sunreit management reassess the dividend given the possible horror show?

ok next fiscal year is more important..
and the ovious focus is on the 7.7 sen? is it reliable?

i am counting it this way...
the first 2 quarter that had been paid, ie the 4.9 sen, was paid during when times are good...
so what if next fiscal year... what it dividend falls to 5.6 sen ( my cincai estimate lo)?

is 1.60 sexy enough to seduce me to marry the stock for 5 years?

ok...ok.... but the following year .....things should recover, right?
all this shall pass ma...

possible ..... this i would agree on....

so how?

for me, it's clearly not attractive enough la...
you know me...
it's either win big or just stay home....

anyway... if you ask me... i would think it's a much better option to wait and see the next quarter....

3 sen nia....

do feel free to collect... me still learning this reit stuff.....

This post has been edited by Boon3: May 20 2020, 09:31 AM

Daily chart for Sunreit...

REIT is not for capital appreciation, it is more like alternative fixed income instrument. Cannot treat it like ordinary stock even it is traded like ordinary stock LOL.

LOL!

But .... this alternative fixed income instrument DOES NOT have a fix price...

It can UP...

It also can DOWN .....

cos..... cos......... cos ...................................

Yea same like other fixed income like corporate bond / government bond which is also traded publicly.

The price volatility for REIT is slightly higher hence investor would expect slightly higher yield than bond.

Higher risk must expect higher return

Boon3 testing testing 1 2 3, can you see my post?

LOL! ... and because it's of higher risk, therefor, I (I la... my 3 sen) should prefer to think it from a trader perspective...

logically the next 2 immediate quarters should be rather challenging for Sunreit...
hence with the possible lower dy...
i think it's likely the market would be in a slightly bias mode against Sunreit....
therefor, as a trader, if i am seduced by the fact that SUnreit should recover the next few years (with it the dividend should pop right back up) ..
i think it would be prudent to do the WAIT.

This is usually how REIT is compared :



If you are ok with the yield, then you may consider to buy

To aim big, there are better opportunities out there. Especially after the great bear back in March.

tak cukup lo ....

Yes i agree ! For individual investor, one cant really see the impact of 1-2 % contribution to the overall portfolio.

But for those institutional funds, a few % can make a signification differences