I see, so you have a balanced one between them both ya?
I can do that as well, maybe 10,000 of ATRIUM and 5,000 of AXREIT, but right now I am starting to research into DJIA counters.
I have to set aside at least RM30,000 for my investment there, but maybe I would want more because I don't want my money here.
I can't stop my temptation if I kept my money here, so need to keep somewhere FAR away

If I were you, I would add up on Axreit first as my style is always only average down if there is signficant gap between. Anyway just my preference only, doesn't necessary a right way to do.

But wait, those purchased price already being given previous distribution already or not, aka already take some distirubtion in the pocket already?

Nope, I have not taken any distribution from them yet
Just bought them in this Q. Hehe.

ATRIUM at 0.765

is it a good price to pick up?

if interested, try queue at 0.755

AXIS @1.60.. so tempting!!!

Neo18 you sure have lots of capital there.

you keep averaging your cost.

do leave some for rainy days

That's true, my advice is that spread the capital (that one would like to invest) across like say plan to buy over the next 1-2 year time. We might have long winter ahead, especially for Reits, increase in interest rate will hurt the attraction of Reits. My opinon, buying little by little is a better approach.

Another issue,
If reits are under price significantly below the market value or its NTA/NAV, it can be a good target for acquisition or privatisation actually. Just like reported in newspapar, Atrium is trading at 0.75 previously, while market value (NAV) for the properties is Rm1.00, that's mean who buy the 0.75 is buying at 25% discount compared to the market price. So if one take the whole company at 0.75 (I knew not possible, just theorectically), then sell it the properties to the open market, one will make 25% out of it.

It is as same on those normal stocks as well.

That's where privatisation can be a easy money making deal for those multi-millionaires, so rich become richer.

This post has been edited by cherroy: Jul 25 2008, 10:51 AM

i'm thinking of getting either more AXIS or ATRIUM la...

ATRIUM, my average quite high @0.94. Now 0.78, very tempting!!!
AXIS also tempting.. cialat liow

Yeah, I am also thinking of getting ATRIUM, but I will wait for the BNM decision. It is supposed to be today ya?

the meeting ORP is today.

Look at it this way cherroy, considering the price of property has gone up recently (2005-08), the demand for the property is a deciding factor for the price of the property. If the price of property has gone up to unreasonable factor, the discount you've said is just consolidation process of the property price, not discount...

Yes, that's true.

It depends on the property location.
Some strategic location never have hard time to fetch a buyer, it is matter of price only. But with inflation looming and constructin materials sky-rocketing, at near term, yes, property surely will under consolidation phase but in strategic location, the more I can see is about 10% drop due to lesser demand as inflation is the factor that maintain the price. Having said that, this only applied on those strategic location properties, in some remote area, different story.

But if construction materials' price dropping severely, then potential more new properties being built might drag down the market price of generally, but at near term, highly unlikely.

For sure, property sector will under go consolidation phase after last few years of good time.

Atrium has a nice run up from the 0.75 level.

Yup, that is so sad for me
But nevermind, it should come down again soon, especially with such uncertainty

Now attention turn to Axreit, quite tempting especially semi annual distribution of 7%+ is highly likely next week or so.

Edit 2 targets now for me on reits side, Axreit and Qcapital.

This post has been edited by cherroy: Jul 25 2008, 03:42 PM

Bought Axreit 1.60.

My ATRIUM fly away liow!!!

Haha, too bad you missed the boat for RM1.59

Afternoon session all only done 1.60, so settled for 1.60. There is a big Q of 1,000+ on 1.59.

Drop further buy again.