- been buying lots of AXREIT lately
- still Q-ing for my last purchase @1.92
-They will announce quarterly report tomorrow
- I expect them to pay 4.2 cent dividend (Q4)
- plus 1.3 to 1.4 cent accrued from last Q
- Total will be about 5.3 to 5.5 cent

This post has been edited by Neo18: Jan 19 2010, 03:40 PM

It has stated occupancy rate has dropped a bit, a concern, but to consider serious at the moment is a bit overstated.

After all, it is still generating yield more than 7%, which is more than 2x and near 3x FD rate.

Final distribution of income of 4.98 sen per unit (of which 4.62 sen per unit is taxable and 0.36 sen per unit is non-taxable in the hands of unitholders) in respect of the period from 29 August 2009 to 31 December 2009.

Less than 5 cents.
earning dilution by new shares + nestle gone.
If not mistaken 4th quarter distribution is 99% of earning. the first 3 quarter is 95%.

so how much we will recevied from axreit? I mean the dividend after tax....and when?

ARREIT 3.7360 Divvy , YAY>>>!!!!

5106 AXREIT AXIS REITS
Final Income Distribution 4.98 Sen

Entitlement Details:
Final distribution of income of 4.98 sen per unit (of which 4.62 sen per unit
is taxable and 0.36 sen per unit is non-taxable in the hands of unitholders) in
respect of the period from 29 August 2009 to 31 December 2009.


Entitlement Type: Income Distribution
Entitlement Date and Time: 04/02/2010 05:00 PM
Year Ending/Period Ending/Ended Date: 31/12/2009
EX Date: 02/02/2010
To SCANS Date:
Payment Date: 25/02/2010

---

Added on January 20, 2010, 8:57 pm5127 ARREIT AMANAHRAYA REITS
2nd Interim Income Distribution 3.7360 Sen

Entitlement Details:
Second Interim Income Distribution of 3.7360 sen per ARREIT unit for the period
from 1 July 2009 to 31 December 2009.


Entitlement Type: Income Distribution
Entitlement Date and Time: 05/02/2010 04:00 PM
Year Ending/Period Ending/Ended Date: 31/12/2009
EX Date: 03/02/2010
To SCANS Date:
Payment Date: 25/02/2010



This post has been edited by whizzer: Jan 20 2010, 08:57 PM

The dilution effect wasn't that great though. I am happy to see the gross income received this quarter increased by another RM2mil. A good sign is showing up that the next quarter will see another distribution of more than 4 sen.

The witholding tax is at 10%.

true also , the way i see it is, if share issue extra 20%, income also need to be increased at least 20%.

kinda disappointed the dividend didnt reach 5 cents per share

If there is rental income from previous Nestle house, then result could be better.

Cannot achieve ideal situation, if the share issue extra 20%, and if the income increase 15%, then it is considered still ok, as once the size of portfolio become big, existing shareholders benefitted from more diversified properties portfolion within the reit. While if the new acquisition of properties has better valuation appreciation afterwards, it benefitted all only.

bad news, did not even hit 5 cent.. very the disappointing

good news, Amanah Raya, paying higher dividend.

However i got 7x more axreit than ARreit

Qcapita just declared 3.9sen.

---

Added on January 21, 2010, 6:01 pmAtrium 2.3sen.

This post has been edited by smartly: Jan 21 2010, 06:01 PM

ATRIUM did it again, declaring better than expected distribution for this quarter. Its share price should maintain above 0.90, if nothing unfortunate happens again.

Stareit declares 3.28 sen. A little lower but not bad.

Annual yield 7.6% considering average price of RM0.87

This post has been edited by calmwater: Jan 21 2010, 09:10 PM

Hope it is safe sailing from now on....

i do really like REIT rather than those goreng stocks. Planning to apply for Sunway REIT and also the capital land REIT.

What do you think for this two coming ipo? Any opinion?

AXREIT, the most profesionally managed REIT in KLSE, 2009 performance highlights

(1) Increase in annual DPU to 15.8 sen, 15.27 senin 2008; despite an increase of 51,180,200 additional units being listed in September 2009

(2) Revenue increased to RM 71,597,796 in 2009 from RM 63,331,379 in 2008 an increase of 13%

(3) Unit price recovers from RM 1.12 in January 1 2009 to RM 1.93 in December 31 2009 and increase of 72%

---

Added on January 21, 2010, 11:27 pmNOT BAD ??? very bad lar

Starhill Real Estate Investment Trust recorded a 9.13 % decrease in pre-tax profit to RM18.27 million for the second quarter ended December 31, 2009 from RM20.1 million in the previous corresponding period.

Revenue declined from RM27.2 million to RM25.96 million, it said in a statement today.

now francis wanna shift LOT 10 and STARHILL GALLERY to his S-REIT (STARHILL GLOBAL) and put all all hotel yg cantik cantik into M-REIT and rename to GLOBAL HOSPITALITY REIT

These hotel really cantik and mahal one, but make money or not compared to LOT10 and Starhill gallery ????

gonna sell all my starhill reit after the ex date and but AXREIT or YTLPOWR.......

This post has been edited by mok thye yee: Jan 21 2010, 11:27 PM

yup i concur with mok...
Lot10 and Starhill generate most of the profit and already consist of 69% of stareit properties portfolio..
and now we are in the dark which resort/hotel they are planning to buy...

i will also exit latest by this divvy... can always buy back again when in the future

Capital land reit is postponed indeifnitely if not mistaken, or no?

Ya, Francis never mentioned which hotel he will put in .....

but if we look at hotel under YTL group stable except the two which are oledi in STARHILL :

(1) Pangkor Laut -- luxury hotel
(2) Tanjong Jara -- luxury hotel
(3) Majestic Melacca -- luxury hotel
(4) Vistana Penang -- mass market
(5) Vistana Telok Chempedak kuantan -- mass market
(6) may be some more in oversea that i cannot remember

But the point is how can these hotel be more profitable than L10 and StarHill .......