Ya lor, why a sudden interest? Any one any idea?...

It's so expensive leh. You want to queue at a price higher than its NAV?

smartly,

And it will continue to creep up more, slowly. I have already mentioned in a few posts back that this is a chance not to be missed. I've bought all my units in 3 tranches below 0.80, so I have already made all my money. I am confident that it will reach its NAV.

That's good. Lets hope it rise further.

I am hoping it will not rise so fast, so that i can accumulate more.

Up again today. It will come down again in 1-2 days more, so that's the chance to accumulate. What I am worried is AXREIT now, it's been down 0.07 today.

Someone need to 'clear stock'. Big gap between buyer and seller.

AXREIT shot back up to 1.93 now.

cherroy, you mean AXREIT?

That is good news indeed. At least my networth now maintains

Yup. and due to big cap between buyer and seller, you will see seller want to clear the stock, even discount few cents also never mind.

Stareit is under some selling pressure as well, may be due to the disposal news, as until now there is no new development on the acquisition part, as selling 2 of its main properties will means Stareit will have 1 billion of cash (or + preffered as published) while they only have 180 million of borrowing only.

Without new properties being injected back, yield might be temporarily being affected. Below 80 cents could be a bargain.

80 cents??!!!

Hello folks, may i know how much dividen did AXREIT actually pay for the 3rd quater? is it 2.82 cents or 4.06 cents?
i heard that 2.82 cents is only paid up to 28 AUG 09 while another 1.24 cents for the remaining days in Q3 to make it a total of 4.06 cents?

I mean below 80 cents is bargain, don't mean it will drop to that. Currently, I am buying some at 0.86 as DPU will be coming out or Dec ended one, which should be around 3.3 or 3.4 cents, so my cost will be around 0.83.

1.24 cents not yet being distributed and will distributed (add) with 4Q one.

Well, at current prices, I think I should stop buying REITs. I believe I have accumulated enough for the moment. Going into some undervalued property stocks instead.

AXREIT open at 1.9 is it overvalued? Is it useful to use Technical Analysis on REIT? Waiting for it to go down

TA is not applicable for low volume traded stock generally.

Based on NAV, it is a bit overvalued, based on yield, it is about fairly valued. So it depends how one looks and judges on it.

dont keep in mind that he nestle house and warehouse is empty. tenant moved out.

queue at 1.88

I still think AXREIT is at fair value at the moment. If it has positive revaluation on its properties this FY, then the NAV will increase. So lets see the latest revaluation.

Could use some clarification on the terminologies used frequently here.

NAV = Net Asset Value right?

How do you value the REITs? How do you ascertain the NAV? Are there any calculation methods?

Yield = ?

And how do you compare them or what do you compare them with, to see if they're not correctly valued at its true value?

Thanks in advance.

NAV = Total asset held by the company less total liabilities held by the company divided by total number of shares.

Yield = Total dividend given in a year time, divided by the the price of stock.

Xuzen

Grimm,

There are 2 ways you can compare the yield for REITs:-

1. Direct comparison with FD rates (should be 2x - 3x better)
2. Compare with property rental rates (market is going at between 6% - 8% on average)