Currently i have about RM50k of ATRIUM REIT @ 1.012 average price

i hope government reduce witholding tax to 10% next year

We are in the same boat.
Slightly cheaper than you.

This post has been edited by cherroy: Dec 14 2007, 02:59 PM

cherroy,

check this webpage out!!!!
the most detailed analysis of REIT in malaysia!!!

http://mreit.blogspot.com/

May i also ask, lately AXIS is coming out in the newspaper very frequently. Apperently, they intend to buy more property a

Althought the yeild is lower than ATRIUM, should i buy more ATRIUM or buy some AXIS instead?

This post has been edited by Neo18: Dec 14 2007, 03:16 PM

Thanks for the link.

Axis is more diversifed, got 13 properties. It is much more aggressive, some investment house put a TP of Rm2.10-2.20.
Anyway, I am buying some of it lately at Rm1.77-1.85. Last month,, bought 1.85, this week 1.77.

FYI, Atrium is fall short of listing requirement of minimum 1000 shareholders currently, but the company seek for extension of 6 months to verify it. Don't worry, easy job for them, currently got 9xx shareholders registered.

Simplify, Atrium has higher yield, should be 8.0-8.8%, based on lastest Q, can project 8.8%, but downside is low liquidity.
Axis has high liquidity, current yield is about 7.0-7.3%, more diversify.

I am also looking for Stareit at below 0.90.

So judge your own.

ok la.. i will put some Axis into my portfolio...

now price very attractive.. 1.77 can get gross 8.2% dividend

I thought I can buy it at cheaper price today as overall market plunging, but instead it goes up.

ATRIUM is also up now.

I think because of uncertainty in the stock market, people are now buying more REIT counter, because it's safe

Should be it is more defensive and yield attractiveness, not totally safe or like bonds though.

i hold Stareit right now.. current DY is around 7%, better than save money in FD.

This post has been edited by meyyok: Dec 19 2007, 04:15 PM

Welcome to the board, we are in the same boat.

i wanted to buy AXIS at 1.8 but now already 1.86!! i'm so angry!!

You didn't buy when it is at RM1.78-1.80? (when I previously posted time) I thought you want to buy.

Anyway, last week bought some Stareit at RM0.90. Yield about 7.5%

Dear Cherroy,

I have to wait for bullet to come in ma!!! today 28th, ngam ngam gaji day.. so i can only shoot today but already up!!!

Neo,

You got 50k in REiT. No need wait till gaji day lar,

huh? i don't understand.. i don't receive dividend until maybe end of February. So i still need to pump in more money into REIT.. maybe take it up to 100k

100K in Reit could mean extra Rm3k-4k pa (people work hard for 1 month to get it) compared to FD, provided nothing goes wrong for the Reit and property sector. If it is 1 million then means you get extra 30K+ pa.
It is the beauty of Reit also applied to high dividend stock or high yield currency like NZD.

how can i start transacting in these counters?do i even do it like a normal stock market?

cherroy,

if you have 100k in REIT, average return is about 6.5% la.. so u got RM6.5k every year, where got 3-4k?

interestin... i first time visit here... does d risk involve is as low as bonds? besides d risk of price fluctutations in market, wat else i need to look out?

wats d charges i need to consider for REIT?


check d link been posted here, in malaysia onli got 11 REIT?

I was talking 'Extra' 3K-4K, if you put in FD 3.7% while Reit yield is 7.7%, you get the differential extra of 4K (not yet deducted the 15% witholding tax.

The risk is a bit higher than bond. Take it this way, basically you are owning the property and get the yield/return through the rental income.

No charges, only commission charges as same as buying/selling like normal shares.

Price fluctuation is minimal mostly. As if the Reit price goes lower, the higher the yield is which will be more attractive for investors.

The primary risk are :
1. Property value goes down (if this is the case then Reit market price will go down to reflect the valuation)
2. Rental rate goes down means lower yield for Reit holder
3. Can't get tenants, no return.
4. Sincerity of the property needs to be good to keep the property in good shape and attract tenants.

Take it this way, basically you are owning the property and get the yield/return through the rental income.


Yes, there are only a few Reit in Malaysia,still in infancy period.