REIT, real estate investment...
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 Jul 17 2009, 08:34 PM
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Elite
5,626 posts Joined: Nov 2004 From: Klang, Selangor  
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QUOTE(espree @ Jul 17 2009, 07:41 PM) Thank you sopol for your info. btw, I'm already onboard liow. espree, Already on-board can only mean it's a good thing  At the moment, I am studying more options and I have 2 counters in my mind. Will need more time before I deduce a good price to get in |
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Jul 17 2009, 08:47 PM
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Senior Member
1,214 posts Joined: Oct 2007 
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QUOTE(Jordy @ Jul 17 2009, 08:34 PM) espree, may I know which 2 counters? I invested hektar, atrium, qcapita and arreit. thinking to buy stareit and axreit but the price already fly so high liow Already on-board can only mean it's a good thing At the moment, I am studying more options and I have 2 counters in my mind. Will need more time before I deduce a good price to get in  |
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Jul 17 2009, 09:25 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
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QUOTE(sopol @ Jul 17 2009, 07:37 PM) 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. bringing to new page 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, lemme massage massage for your tired hands  by the way, the value RM xxx,xxx/month means what? the rental Arreit is collecting? p/s: SEGi College, Kota Damansara building very nice. so near to my house too, hehe. |
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Jul 17 2009, 11:21 PM
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Staff
25,802 posts Joined: Jan 2003 From: Penang
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QUOTE(panasonic88 @ Jul 17 2009, 09:25 PM) by the way, the value RM xxx,xxx/month means what? the rental Arreit is collecting? Should be rental per month lor.p/s: SEGi College, Kota Damansara building very nice. so near to my house too, hehe. Sopol, Thanks for the information, I have been looking for this information lately which I can't find it on their online website as I haven't managed to get their annual report. |
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Jul 17 2009, 11:34 PM
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Senior Member
7,960 posts Joined: Dec 2007 From: Kuala Lumpur
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Sopol... thank you so much for your effort and sharing the info..
  QUOTE(cherroy @ Jul 17 2009, 11:21 PM) Should be rental per month lor. their website is not up to date Sopol, Thanks for the information, I have been looking for this information lately which I can't find it on their online website as I haven't managed to get their annual report.  stopped announcement updates the very same year they got listed... |
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Jul 18 2009, 12:03 AM
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Elite
5,626 posts Joined: Nov 2004 From: Klang, Selangor
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QUOTE(espree @ Jul 17 2009, 08:47 PM) may I know which 2 counters? I invested hektar, atrium, qcapita and arreit. thinking to buy stareit and axreit but the price already fly so high liow I am eyeing UOAREIT and AMFIRST. Still studying their properties though, so I can't come up with any conclusion yet.QUOTE(panasonic88 @ Jul 17 2009, 09:25 PM) bringing to new page I want massage also! thank you sopol, lemme massage massage for your tired hands by the way, the value RM xxx,xxx/month means what? the rental Arreit is collecting? p/s: SEGi College, Kota Damansara building very nice. so near to my house too, hehe. Oh, so now I know where you stay. Haha. By the way, all these while I thought the Kota Damansara campus was "owned" by SEGi. Looks like it's not. How sad  Besides this Kota Damansara campus and the two Holiday Villas, all the other properties in ARREIT's portfolio would have very limited upside. |
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Jul 18 2009, 01:43 AM
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Junior Member
476 posts Joined: Aug 2008
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QUOTE(sopol @ Jul 17 2009, 07:37 PM) 4. SEGi College, Kota Damansara 2 years, lease 10 years from december 2007, 100%, rm870,000.00/month, next review december 2009 & after reading SEGI's annual report..it seems that they can afford it...  their revenue 08 was 127m. |
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Jul 20 2009, 05:38 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
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Axreit 2nd quarter financial report is out.
proposing dividend 4.1 sens. congratz to Axreit shareholders! |
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Jul 20 2009, 05:45 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
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another one, which i bought recently - Arreit
1st Interim Income Distribution 3.4190 Sen, ex date 31/07/2009. |
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Jul 20 2009, 06:32 PM
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Senior Member
3,784 posts Joined: Jun 2005
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QUOTE(panasonic88 @ Jul 20 2009, 05:38 PM) Axreit 2nd quarter financial report is out. u also shareholders maproposing dividend 4.1 sens. congratz to Axreit shareholders! the price close to NTA liao Announcement Date : No Date Stated Ent. in % : 0.000% EX-Date : 31/07/2009 Ent. in Sen : 4.100 To SCANS Date : No Date Stated Ent. Numerator : 0.000 Entitlement Date : 04/08/2009 Ent. Denumerator : 0.000 Entitlement Time : 5:00:00 PM Payment Date : 28/08/2009 Ent. Type : DP Ent. Indicator : Cum |
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Jul 20 2009, 06:59 PM
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Senior Member
1,214 posts Joined: Oct 2007
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QUOTE(panasonic88 @ Jul 20 2009, 05:45 PM) another one, which i bought recently - Arreit Yes! 1st Interim Income Distribution 3.4190 Sen, ex date 31/07/2009.  my 1st dividend cheque from arreit. |
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Jul 20 2009, 08:52 PM
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Elite
5,626 posts Joined: Nov 2004 From: Klang, Selangor
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QUOTE(panasonic88 @ Jul 20 2009, 05:38 PM) Axreit 2nd quarter financial report is out. Hmm, it's just short of my expectation of around 4.3 sen. Anyway, 4.1 sen is good enough.proposing dividend 4.1 sens. congratz to Axreit shareholders! Hopefully next quarter they will pay more QUOTE(panasonic88 @ Jul 20 2009, 05:45 PM) another one, which i bought recently - Arreit That is nice. It translate to around 4.8%. But its price has been holding steady today, see if it can appreciate tomorrow 1st Interim Income Distribution 3.4190 Sen, ex date 31/07/2009. QUOTE(ts1 @ Jul 20 2009, 06:32 PM) u also shareholders ma Yup, its price is too close to NAV, but I do hope its recent run-up would stop right there. Normally AXREIT's price would retreat after ex, so hopefully some profit taking would happen then.the price close to NTA liao |
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Jul 20 2009, 09:01 PM
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VIP
37,028 posts Joined: Jan 2003 From: Petaling Jaya
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Jordy, please update us whenever you feel like buying more Axreit. Me guess probably is after the ex-date yeah.
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Jul 20 2009, 09:33 PM
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Junior Member
33 posts Joined: Jun 2008 From: 012 6611 828 
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look at Germany Hypo REIT...going to bankrupt |
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Jul 20 2009, 09:43 PM
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Elite
5,626 posts Joined: Nov 2004 From: Klang, Selangor
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QUOTE(panasonic88 @ Jul 20 2009, 09:01 PM) Jordy, please update us whenever you feel like buying more Axreit. Me guess probably is after the ex-date yeah. Panasonic,I may not be buying more of AXREIT unless the price drops to below 1.50. At current price, it just doesn't look too attractive to me (unless the DPU is expected to improve to 17 sen). Current year estimated DPU is 16 sen. In fact, I am eyeing other REITs which are significantly lower in price. It would take me about another week to finish studying it. That's the beauty of REITs as I do not need to rush in to buy anything |
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Jul 20 2009, 09:46 PM
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Senior Member
8,447 posts Joined: Nov 2005
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QUOTE(Jordy @ Jul 20 2009, 09:43 PM) Panasonic, Pls share your study result here as well I may not be buying more of AXREIT unless the price drops to below 1.50. At current price, it just doesn't look too attractive to me (unless the DPU is expected to improve to 17 sen). Current year estimated DPU is 16 sen. In fact, I am eyeing other REITs which are significantly lower in price. It would take me about another week to finish studying it. That's the beauty of REITs as I do not need to rush in to buy anything |
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Jul 20 2009, 10:15 PM
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Elite
5,626 posts Joined: Nov 2004 From: Klang, Selangor
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QUOTE(jasontoh @ Jul 20 2009, 09:46 PM) Pls share your study result here as well I will have to go back to my hometown Klang to take a look at the piece of land it is proposing to purchase. RM65 million for a piece of land is significant, so I must really look into the prospects of this land  |
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Jul 20 2009, 10:32 PM
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Senior Member
5,191 posts Joined: May 2009
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QUOTE(Jordy @ Jul 20 2009, 10:15 PM) I will have to go back to my hometown Klang to take a look at the piece of land it is proposing to purchase. RM65 million for a piece of land is significant, so I must really look into the prospects of this land Wah, this future land owner is serous going to look look at the land they intend to purchased. Tell us how you feel when you are back here, OK?  |
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Jul 20 2009, 10:40 PM
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Elite
5,626 posts Joined: Nov 2004 From: Klang, Selangor
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QUOTE(protonw @ Jul 20 2009, 10:32 PM) Wah, this future land owner is serous going to look look at the land they intend to purchased. Tell us how you feel when you are back here, OK? When your income is dependent on the properties, would you want to check their dealings in detail? I do hope that this land's ROI would be greater than the dilution effect. Imagine a plot next to the Istana  |
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Jul 21 2009, 08:48 AM
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Senior Member
3,784 posts Joined: Jun 2005
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QUOTE(Jordy @ Jul 20 2009, 10:15 PM) I will have to go back to my hometown Klang to take a look at the piece of land it is proposing to purchase. RM65 million for a piece of land is significant, so I must really look into the prospects of this land look like it is a related party transaction based on tday newspaper reporting |
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