Axis REIT plans new acquisitions

http://www.btimes.com.my/Current_News/BTIM...00121180325.pdf

i am holding AXREIT share, how much dividend can they declare in a year? I bought it at rm 1.95, so 5 sen this time is too little.

The one that delivered good recent Q announcement is Qcapital, 4.x cents DPU. 

i am waiting for sunway REIT, i think if i can get the ipo, sure can gain....any idea how much the price will be?

Thanks~ 

So for AXREIT, how to get its Net Dividend?
No matter how I count, I couldn't get the right figure...

AXREIT
Dividen Per Unit (Sen) -  15.27
Price -  1.82
Gross Dividend Rate (%) -  8.39
Net Dividend Rate (%) -  7.55

By the way, if purchase 10000 units of shares at RM1.82, then how much is the dividend?

10000 units X RM0.01527 = RM152.70 (Dividen Per Unit)

How to get its gross dividend rate and net dividend rate?

anyway guys.. just wanna ask... everytime after dividend payout the price of REITS counter will drop much??? i just want to estimate the good entering price... gonna give 30% in portfolio to REITS for stable income.

Guys... a noob question from REIT newbie here

... i read somewhere in other forum / news that all REIT counter "COMPULSORY" to distribute out 90% of their profit as the dividend. when i browse through all the REIT , there are some confusion i need to make clear out
HEKTAR

EPS  = 11.61cent , Div = 10.61cent (OK!)

AMFIRST

EPS = 41.74cent , DIV = 8.75cent (ABNORMAL!)
Can someone explain to me why the dividend was so much different but AMFIRST EPS is 4x higher than HEKTAR but distribute lower dividend?

you mean realised profit is from rental collection and unrealised profit is from disposal of assets n etc?

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Added on February 20, 2010, 11:32 amthx jordy, i just go through the annual report.. now i understand why the dividend so low due to realized profit EPS was just 8.75cent

but i dont understand why the adjustment of NAV value is considered part of the profit?? can explain further?

so comparing HEKTAR (low NAV increment , high dividend) vs AMFIRST (high NAV increment , low dividend).

which one good for long term investment??

If properties value increasing every year and also aggrasive acquistion by the group, very likely the dividend rate will increase year by year rite?

any example of recent REIT counter that dispose property?

btw, i really headache now trying to evaluate which counter is best for my long term investment..

AMFIRST = 6 big asset , HEKTAR = 4 big asset

based on tenant occupancy rate , i think AMFIRST should be better than HEKTAR rite?

But why so many ppl like HEKTAR much more than AMFIRST?

divy payment date doesnt influence the popularity of REIT stock rite??

AMFIRST have summit USJ on hand now...and so far i like summit USJ because of TGV cinema , Fitness First , Bowling center , n lots of small small retail tenant.

Hey guys, i plan to invest into REIT for dividend returns. Yes, i would prefer it quarterly and at least 5-7% returns per annum. Any good recommendation within the budget of 20-30k?

Good deal !   Confirm to stop infront of Subang parade ?

Yes I agree with you , the benefits could outweigh  the small potential loss.

Ya, probably bargaining for a station than for a better compensation . Logically it has to one ( Station ) , otherwise there is no way for people to embark, just a bypass. Normally,  a bypass line could be built  just above the road ( on the divider ) . More cost effective. { Added : Planned > Subang Parade could be a Connecting Station as per website attached below }

It is quite proven  that LRT does have some great impact on the businesses .

One area I could think of is Kenanga in KL.

Many smaller retailers are taking LRT to buy goods from the wholesalers. parking is a big problem there, not counting the time wasted.

The rentals there could be as high as rm 20,000 a month, and rental deposits could exceed 6 months to a year.
There could be other factors that I may not be aware of.

The other point is about Publicity . If Harta could put up some forms of info in its building to create some awareness of their REITS, it might help.

If TM could spend a couple of few hundred millions to associate with MU, why can't  Harta educate the public about its REIT ? The flow of human traffic is pretty  high as I could foresee.

Likes the Chinese saying "  if food can be eaten, do not waste."

Just my thought.

i remember reading from newspaper that subang parade is one of the stop. i may be wrong, anybody can confirm on this ?

i am not sure how u do ur comparative analysis between KTM komuter and LRT.

definately LRT (the putra line) will be far better than KTM in term of ridership, frequency, ease of commuting.

KTM komuter may reach a longer distance but in term of station stop, LRT is more strategic and it is far more easier for the mass.

If the station is build with direct assess to subang parade, than it can lure the people along the putra line in the vicinity to visit subang parade. bear in mind this line will be extended to puchong and further south.

So subang parade will hv another big group of people visiting on top of the current middle upper class from the subang area.

They are just using the land to build the track, but it is not confirmed that there will be a station where Subang Parade is. Besides, there is already a KTM station nearby, so even if the LRT were to stopover at that vicinity, it would not boost the visitor count a lot as KTM has wider reach than LRT.

I dun think the Commuter line has much overlap to PUTRA.

We are talking about PUTRA line extend to subang parade, definately onli people commuting around PUTRA will benefit from this, how can people comute in STAR oso benefit ?? unless they change the train at masjid jamek.

But who want to travel from say maluri to masjid jamek and change the train to subang parade ???

All those current transport mode to subang parade is a given, so now u hv a new LRT, how can it be no addition to visitor to subang parade ? unless both line is 100% overlap, but this is not the case.

OK, back to subang parade.

Subang parade was once the largest or longest mall in SEA during 80s (86) i think, after so many year the mall is still relevant and vibrant and it is now position as sub urban mall target for people around subang area and tag as a middle to middle upper class mall. So now u add a new mode of transport which is the LRT that cut through some densely populated area from the other side of federal highway as well as further down. 

Yes may be some current visitor (who drive or take taxi or take bus or take KTM) may switch to LRT but there will be people who dun go to subang parade currently will consider going to subang parade using the putra line ......

so this will improve the visitation of subang parade, which will translate to higher rental yield and higher asset value....

Do not forget Subang Parade is planned as a CONNECTING STATION, additional advantage for people and the Parade  to have a rest and food or shopping before moving to the destination.

Thanks Cherroy. Besides that occupancy rates play an important role too. If you check on their current 4 properties, those with higher occupancy rates give better yields. The two proposed acquired properties occupancy rates is around 88% which is quite good. These are all the strong point for these two pcs of buildings.

RM 1.30 should be quite a good price to enter now i believe. But one thing we need to take note is i believe the gearing ratio will increase to around 40 over %.

Sifu please advice  i believe you also entered quite a number of UOA REITS RIGHT