Aseambankers Rates Axis REIT Buy, Target MYR2.40



This post has been edited by SKY 1809: Feb 18 2008, 10:37 AM

today atrium counter didnt open? wtf

Got, just no transaction being done.

Quite norm for those low liquidity and hardly known by retailers stocks.

Hektar annouce financial report and giving 9.5% dividend

nvm, I ll wait you anyway, I m just a small peanut in stock market.

um.. queueing atrium at 0.93, hopefully I ll get it. Now is 0.94. I have question.. why do you buy so much reit type like axreit, stareit and axis? besides, reading the table provided by the blog, atrium yield the highest. Do you see the potential axreit and stareit to grow further?

Axreit is the most aggressive reit out there, keep on acquire newer properties into their portfolio. In Reit, size is an important issue to attract investors especially foreigners. This issue (size & liquidity is the main disadvantage of Atrium, that's why its (atrium) price can drop so much to have highest yield as it is all depended on retailers interest. Fund managers can't interest in it even though they wish to.

Just having 4-5 reit counters are not considered too much, diversify a bit.

PS: Axis reit code name is Axreit, while there is another second board counter code name Axis which is not reit and not related. Just to avoid some confusion.

Another point, bare in mind, buying reit is not as same as normal stocks, don't expect to earn like normal stocks did as Reit price generally hardly move much. Its price will only move if properties market is booming or on the rise.

The main target is getting its yield, other than (price appreciation) that is considered as extra bonus.

This post has been edited by cherroy: Feb 14 2008, 03:26 PM

AXIS is only 1.75!! is it a good time to buy?

thinking of axreit at 1.74..

got at 1.70.... someone is throwing at this price.

This post has been edited by ante5k: Feb 14 2008, 05:02 PM

i bought axis at 1.7!!!

Aiyo, I miss the boat. Didn't queue, as didn't think can be done.
The sellers are depressed, throw disregarding the price as long as got the buyers.

At 1.70, it is almost at par its NTA (1.65) already and with 13.+ to 14 cents EPS is expected for the full year then it is about 7.7% yield, net yield about 6.5%.

This post has been edited by cherroy: Feb 14 2008, 05:19 PM

miss the boat? now you can buy too. I believe it might fall in between 1.70 and 1.65 tomorrow.

tomorrow i plan to q 10 lot @ 1.65!! hope can get!!!

1.65, definitely would add some.

The 1.70 done is jump down from 1.74 straight away to 1.70, so it is just no buyer queue, as selling was done with several hundred lots only in total (x1000), not that much for market standard. If buyers emerge then price will go back up to 1.73-1.75 for tomorrow. Unless the sellers are aggressive as today.
Buyers generally not in hurry to buy one especially for some want to invest in Reit, if I know sellers are eager to sell, I also put it low low.

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Added on February 14, 2008, 9:27 pmCount me in.

This post has been edited by cherroy: Feb 14 2008, 09:27 PM

just wondering do you guys set any TP to sell the REITS? say eg: AXREIT

or you guys just accumulate and keeping it as a dividend shares?

i'm selling if more than RM2.10, if not i'm keeping for dividend. or until something comes up....

I am more into getting its yield only, anything on price appreciation personally considers as bonus.

But will sell also, if its price is way beyond its NTA or yield become no attractive anymore, so FD interest rate can be an important comparison figure.

i q for 1.68 AXIS, cannot get la.. hope can get today

oh axreit and atrium is dropping. i got atrium at 0.93