thanks for the info.. was lazy one day to check announcements and there it comes...

leaving a note here, today i bought Arreit. hopefully could get some banana in return

This post has been edited by panasonic88: Jul 16 2009, 10:36 PM

Well, no need to keep checking for announcement. Just keep waiting for cheque is enough. Was happy that I will be getting 2nd payout from STAREIT. About 10% gain from div alone

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Added on July 16, 2009, 10:46 pmWas doing some study on ARREIT. The name sounds very Malays. Think I will stick to my STAR

This post has been edited by jasontoh: Jul 16 2009, 10:46 PM

omg, u mentioned a few times that we hold similar counters.. didnt expect STAREIT to be on the list too..
yum seng!

10% .. good for u..
my ABP is 0.81... so Im expecting 8-9% divvy.. btw this is my first payout from Stareit

Too bad this counter move the slowest. Up to date, only 20% capital appreciation


PS: Except Tanjong and TOTO, all same

This post has been edited by jasontoh: Jul 16 2009, 11:12 PM

panasonic88,

If you don't mind, please share your reason for buying ARREIT

Didn't see anyone post this for UOA. What, nobody buys this one?

UOA REAL ESTATE INVESTMENT TRUST
Date Announced : 15/07/2009
EX-date: 30/07/2009
Entitlement date: 03/08/2009
Entitlement subject: Income Distribution
Entitlement description: INTERIM INCOME DISTRIBUTION OF 5.82 SEN COMPRISING 4.88 SEN TAXABLE INCOME AND 0.94 SEN TAX EXEMPT INCOME FOR THE PERIOD ENDED 30 JUNE 2009.

tickets to holland

the reason why i choose Arreits

- enjoying instant DPU (hopefully there is, pending announcement)
- price is hovering at 0.72-0.74, room to go down is limited
- price appreciation would be a bonus for me

Quoted from Amanah Raya Reit website

ARREIT has a diverse portfolio encompassing hospitality, industrial, education and commercial properties.

- Holiday Villa Alor Setar
- Holiday Villa Langkawi
- Permanis Factory
- SEGi College, Subang Jaya
- Block A & B, South City Plaza
- Wisma AmanahRaya
- Wisma Amanah Raya Berhad
- Wisma UEP

Arreit NAV per unit is RM1.0540

I had couple of this one, but bought long time ago.

I check the history price. It's been coming all the way down. But if ever hit my price, I will consider buying another FD

UOAREIT is a little over-priced at the moment in my opinion. I have stated my TP at 1.00 or below some few months back

After dividend, it will be back to square one (plus losing another 10%), so why not buy if only after dividend to enjoy the benefits? I did that on AXREIT before (selling before dividend and buying back after dividend). Saves me 10% tax + I get it at a discount of ex-price

Heard that SEGi would be moving out soon, so perhaps should wait until then? The portfolio of ARREIT doesn't seem very exciting too. Could that be the reason for its stagnant price?

Jordy, Arreit's dividend is yet to be announced. the share price now also yet to be priced-in.

so i was hoping to ride a free bus before that.

i might be wrong. like i said, i am ready to visit holland liao

Holland not so easy to go one So, you're betting into this as hit-and-run?

i am thinking that way too after listened to many of you guys' advices and now i know i've "guessed" it correctly...

it depends on your preference whether to buy before ex or after ex. just different in individual strategy. i have been holding this reit since its IPO. so far never missed receive the cheque every 6 months. the price has been stagnant at 72cent for quite sometime. i started accummulate with the intention to keep it long term at the ROI 9% - 10% annually. any price appreciation will be a bonus for me. at the current scenario, it is almost no chance for any unit trust (FD dont have to mention la) to offer more than 8% return.

the tenants under arreit property (13 properties altogether) are all under long term lease aggreement for 10 years. the soonest one if i am not mistaken will be in 2015. need to check back their annual report..

There are two ways to go about it though, but you have to weigh your risk to see if it's worth to do it.

sopol,

What you mentioned is true, that was why I've been accumulating REITs. But for the same amount of return, would it be more feasible to invest in a counter with greater prospect or less? Having very long leasing period is sometimes not a good thing as you would be getting old buildings like what ARREIT is having now. That will limit the appreciation of your buildings.

Well, I'm just sharing my two cents, no intention to divert anybody's interest here

i shouldn't practise hit-and-run when i buy reits.

that only applies on goreng food

Haha, alright. Thank you for your repiles

jordy, that is the weakness of arreit and i concur with you. prospect for price appreciation is limited and slow moving. as for me, i dont mind as long as meeting my target.

for those who intend to buy this reit, here are some info on arreit's tenants and properties portfolio:-

1. Holiday Villa Alor Setar
age of property 14 years, lease period 10 years from june 2006, occupancy 100%, rental per month rm173,083.33, next rental review june 2009

2. Holiday Villa Langkawi
16 years, lease 10 years from july 2006, 100%, rm307,083.33 per month, next review july 2009

3. SEGi College
3 years, lease 15 years from may 2006, 100%, rm261,625.00 per month, next review may 2009

4. SEGi College, Kota Damansara
2 years, lease 10 years from december 2007, 100%, rm870,000.00/month, next review december 2009

5. Block A & B, South City Plaza
4 years, lease 10 years from august 2006, 100%, rm100,500.00/month, next review august 2012

6. Wisma Amanahraya
42 years, lease 6 years from august 2006, 100%, rm450,635.40month, next review november 2009

7. Wisma Amanah Raya Berhad
10 years, lease 9 years from november 2005, 100%, rm302,781.98/month, next review november 2009

8. Wisma UEP
12 years, tenancy 3 years from september 2007, 100%, rm175,000.00/month, expiry september 2010

9. Permanis Factory
21 years, lease 10 years from june 2006, 100%, rm157,250.00/month, next review june 2011

10. Tamadam Bonded Warehouse
30 years, lease 10 years from january 2007, 100%, rm179,025.00/month, next review december 2010

11. AIC Factory
5 to 13 years, lease 10 years from september 2006, 100%, rm110,833.33/month, next review september 2009

12. Silver Bird Factory
4 years, lease 10 years from october 2006, 100%, rm570,000.00/month, next review october 2009

13. Gurun Automotive Warehouse - tenant NAZA group
2 years, lease 10 years from december 2007, 100%, rm159,800.00/month, next review december 2010

already letih my hand typing so long. hope this help you guys to make decision before jump in.

comments on properties are most welcome..we share-share opinion..

Thank you sopol for your info. btw, I'm already onboard liow.