For a moment, I thought I could celebrate with AXREIT when I checked it at 1.93 Well, too bad that we could see some pressure on REITs come next week due to the unwelcomed return of RPGT.

How will re-introduction of RPGT prevent such over-speculation?

i just realised axreit recent annoucement stated that its paying more dividend than it earns .....

earning per unit is 3.83
distribution per unit is 4.06

its in the 3rd quarter report.

Insider trading is technically illegal in Malaysia, right? Which means that publicly admitting it on the Internet would be extremely dumb even with a pseudonym.

hmm interesting, isn't it that most Directors of Companies are doing? Will that constitute to insiders' trading as well?

UOA REITS 0 ppl queue for sellling 

Plan to buy UOA reits at RM 1.2+ But my concern is :

1. Very low liquidity
2. This reit is very quite and so far no news on any acquisition.

So SIFUS here pls give your advice on this counter. 

Did you buy any unit for this counter? Last time i did try to pikat UOA but failed  as no one want to sell ... but really like this counter lar

i am serious this time to go into reits 

So cherroy sifu any tips to buy this counter? what acquisition is that?

My personal opinion to UOA, it is a good reits, nice properties and promising yield. But the price is now standing at very high or at least close to its NAV. I believe our entry price decides our profit, hence the risk may be little higher to enter now.

No doubt UOA still good for holding long term, but why not consider others where you still can get similar yield but more discounted price ? Like Tower Reits now priced at RM1.13 while the NAV is RM1.59.

Just my 2 cents...

I have made enough studies before I put my bloody money into it. Tower Reits mainly in office buildings which are grade A office lot within The Golden Triangle. Yes, inevitably the occupancy rate is highly vulnerable to economy performace especially current situation. Heck, are we not buying at the bottom price ? Further more, during current economy crisis it still managed to secure more than 80% with more than 8% return. Just one thing I don't like, it has no dedicated website providing sufficient information about their development. I have to dig it elsewhere.

Comparing to others, I think risk is even more higher. Like Atrium the revenue is highly depend on 2 or 3 tenants only. Starreits I think most tenant are their sisters company, which I think is not healthy. Also some in retail sector owning few shopping malls but which I think it is more profitable if a shopping mall can attract foreign consumer or high end market like Gurney Plaza, so I am waitng for CapitaLand to list. I have to admit there are other good counters, but the price is a bit high at the moment.

Tower Reits is not the perfect one, if I really want to go in Reits, Tower Reits is my starting point. 

One question here. RPGT WILL affect reits ? What if the reits dispose their properties will be taxed also right?

I didn't even notice this news. Thank you cherroy. It is quite surprising that this news could cause its price to soar to a new high. I hope that these new acquisitions are attractive. Will be studying the announcement details now.

STAREIT seems to be worse of the lot, ain't it ?
Dividends are a pittance.

the next Reit to announce divvy should be Arreit, around mid-Jan 2010, right?
Nobody in this forum holding?

darkknight81,

ATRIUM is indeed undervalued. The NAV is 1.04, at current price it is at 12% discount. If ATRIUM reaches its NAV, the yield will be back to around 8% (the average for REITs). I am sure the price will raise back to its NAV if given time. I am pumping another round into ATRIUM in a few more days.

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.

cherroy, you mean AXREIT?