Hai ya, why you guys bot done only said, I keep q-ing for 0.63 all these days cannot get. Apparently you two have q in front of me la. I only have 8000 units at .63 bot in may 25. Will keep queing and think got to raise the buying price before the ship sail.

#Been buying lots of ATRIUM last 4 days.

manage to get 50000unit x ave 0.642 !!!

from, fundemental point of view, this counter has HUGE upside potential.
From TA point of view, Selling Q is dying down.

i c this counter is about to break up to 0.74, which is inline with other MREIT, because other REIT is about 30% from it's NAV. While @ 0.65, Atrium is trading @ 40% discount from NAV#

By the way, what is TA that you mentioned here, sorry another dude

This post has been edited by protonw: Jun 4 2009, 09:59 PM

TA - Technical analysis

I din queue actually... i bought all the sale queue

Aiseh, you are the one making it go higher.

Nah, joking only.

Thanks.

You jump q, bad

Lol sometimes queue also cannot get it . if the price is alright for me i will prefer buy it straight away than let that opportunities run away

Cherroy are you going into atrium?

This post has been edited by darkknight81: Jun 5 2009, 08:14 AM

usualli i dun q...if determine to sell, apa price also sell wan

atrium 0.66 now anyone buying in today?

today most Reits isn't doing so well.

Don't know yet, currently priority on Tanjong, Qcapital, Axreit, Stareit first then may be can't get them or got extra fund nibbling a bit on Atrium. I am comfortable to buy more on Axreit, but Atrium is a bit cautious due to lesser diversification.

4 reasons i chose atrium
1. 40% discount of the NAV (rm 1.00) which means if market recover i may have capital gain of 0.36/0.64 = 56%

2. Since the ceva logistic issue has been settled and rental rates being marked up ... if everything did not go wrong i beliv the next quarter dividend can maintain at 2.2 sen which means 13.3 % DY....WHICH is 3.3% highwer than most of the reits now with DY 10%...If everything go well i will get back my capital within 7 years time from dividen alone

RM 70,000 / (22x108x4) = 7.36 years....

i can use that amount of dividend to reinvest into other counter or reits....


3. Debt to equity ratio the lowest among the reits 22% only ... so it is easier for them to makwe new acquisition...

4. Yup of course diversification is the main weaknesses of atrium... but i beliv management play more crucial role in terms of renewing their tenants which are going to expire soon or looking for potential acquisition

This post has been edited by darkknight81: Jun 6 2009, 01:32 AM

hi am new to reit,
just nibble some hektar with highest dividend but also high debt. anyone with hektar can help comment? maybe should swap to axreit or atrium? thanks

i beliv hektar dividend is not the highest... i beliv atrium reits DY are higher than hektar but the properties portfolio are shopping centre which are lower risk compare to atrium. I am planning to buy atrium and use the high dividend to accumulate other reits E.G. axreit, hektar, UOA, Qcapita...
all these reits are not bad. Y need to swap to other reit? what is your buy in price for hektar?

thanks but i read in this blog: http://mreit.blogspot.com/
showing hektar at estimated 10.6% dividend yield, axreit at 10.4%, atrium 9.9%, uoa 9.8%
most are showing a yield drop from earlier in the year eventhough they maintain profitability, any idea/comment here?
hektar my buy-in price quite high at 0.905 before last DPU, guess should be added when she dipped
agreed these numbers are still much better than FDs

From the chart you are right as the DY depends on the pricing you bought in. For my atrium i bought in at average price of 0.644 roughly include (online trading brokerage fee). Atrium normally quarterly dividend about 2.2 sen but last quarter its dividend only 1.6 sen due to the rental not collected from ceva logistic. But as i mentioned since the ceva logistic tenants being continue so in future the dividend should be around 2.2 sen. So.

2.2 sen x 4 = 8.8 sen per unit

0.088/ 0.644 x 100% = 13.66 % dividend yield.

As you see from the chart the dividend yield is projected base on dividend of 1.6 sen per unit.

Yield calculation is DPU/share price.

So if share price moving up (which happened lately), you see lesser yield.

After reading annual report on hektar i think its properties portfolio is not bad also

If you have the patient to hold... reits certain can give you both capital gain and good yield ....

imho all those top yeild reit counter also not bad esp for long term investment ot for those targeted to have a solid div payout every year
muliku, you must understand how the yield was calculated as cherroy provided e.g. im very happy with my axreit which i bought which now can translate to high div yield as for now, for this neo can gv more opinion hehe
btw i was also looking at hektar for quiet long but the price has been stabalized there for quiet a long time waiting for it to drop a bit .. but i dont think will happen anytime soon

I bot 9,000 units at 0.66 total to 15,000 with .65 average. Will buy more

thanks i know/understand the calculation
was wondering if there are other unforeseen factors

yup hektar is quite stable, will add on any dips and may get some atrium tomorrow. thanks

Main risk across all the reit currently

1. Refinancing existing short term loan if any.
2. Getting tenants
3. Rental pricing power.

1 & 2 are the most important risk to be concerned with.