addition of new shares , dilution for eps for this quarter.

nestle house empty pending renovation works.

ARREIT'S PROPOSED PLACEMENT FOR NEW ACQUISITIONS


Arreit finally published its soon-to -be acquisitions.
Hope it will be a boost to its share price.

This post has been edited by sharesa: Jan 15 2010, 08:38 PM

Cherroy, any opinion on whether Qcapita is doing well? Still good to enter at RM1.02?

ante5k,

People selling to lock in profit, it is completely normal as AXREIT has risen quite substantially and made a lot of people quick fortunes. It does not mean that this quarter's result will not be good.

There has been previous placements by AXREIT already, but has any of the placements diluted the EPS in a significant way? In fact, the more properties they accumulate, the better the economy, the higher the appreciation of its properties, the higher the NAV goes, the better it will be for long-term investors.

Axreit has used the money raised from private placement to acquire new properties to boost its earning, so dilution effect probably won't be so drastic. After all Nestle house already empty on previous Q result which didn't contribute rental income on the lastest Q, if not mistaken.

I kinda tilt to what Jordy has said, with inflation looming, properties price or valuation only has one place to go, that's up only as long as the particular properties is situated at strategic and high demand area.


I would guess EPS near 8 cents for the whole year. So not too expensive, but not cheap as well.

What is the reason for TowerReit and StarReit to trade at >25% off from their respective NAV?

This post has been edited by kbandito: Jan 16 2010, 12:02 AM

REITs' price movement is not significant, old man style...you know. So people trade REIT for their high yield return comparing to others especially FD. The current average yielding in REITs is about 8%, that is the reason why TowerReit traded far from its NAV. If the transaction is about the NAV let's say RM1.60, then the yield may fall below 6%. Then it seems less attractive, market will adjust itself to the reasonable price.

Another thing is NAV cannot be fully trusted, I just treat it as an indication. It is an added information, but I don't trade based on the NAV.

Probably a good news for ALAQAR's shareholders. The medical center they recently bought in Klang has been transacted successfully and the project is now starting to be revived. Construction will begin very soon.

Hoping Sunway City will eventually list their property assets!

That would mean at current price of RM1.02, around 7-8% DPU..... not that bad.....

Just thinking that if market correction came, wonder whether REITS will be affected or not?

What does it REALLY mean with market correction?
We can calculate the NAV of REITs because its assets are backed with physical existences.
IMO market correction is to correct the positivism of investors toward the prospects of certain industries.
Normal equity value are integrated with the earning prospect of the stock isn't it?
On the other hand REITs' NAV is integrated with unrealised gain, however you can validate the rationale of the gain by comparing the price of other property at the same area, another plus is that in property market the price of properties are not as volatile as stock.
Therefore IMO even if market correction hits REIT, that might indicates panicked selling instead of a real adjustment in the REIT's NAV, unless local property market comes to a bubble burst.

someone bought lots of STAREIT this morning, something big going to happen?

Not actually big, a couple of hundred to thousand lot transaction is not considered big. As ordinary fund manager when shifting their portfolio time, this kind of transaction is norm or sometimes classified as minor only.

Qcapital is having much more volume than Stareit today.

Our moderator is giving tips already. Noted

So our moderator is giving tips to buy Qcapita?

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Added on January 18, 2010, 6:31 pmWow! Didn't expect such a hi-fi reply. I got lost after the 2nd sentence.....

This post has been edited by kmarc: Jan 18 2010, 06:31 PM

Company Name : UOA REAL ESTATE INVESTMENT TRUST
Stock Name : UOAREIT

Date Announced :15/01/2010
EX-date :29/01/2010
Entitlement date :03/02/2010

Entitlement in Currency :RM0.0568

Wow almost 5% dividend ... no wonder the price going up yesterday.....

One of my favourite but so far haven't enter any yet

How come Stareit suddenly so large buy queue?

I'm getting some more Qcapita today..... Any advice regarding Qcapita?

This post has been edited by kmarc: Jan 19 2010, 02:24 PM

According to the report, realized earnings for the quarter is a fair bit less than the distribution proposed. So the results aren't all that great in my opinion. Don't really expect price to be heading up unfortunately, even though I have a couple of units. Will be interesting to see how the other REITS have fared this quarter.

Is it a serious drop for REIT?