Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed
15 Pages < 1 2 3 4 5 > » Bottom

Outline · [ Standard ] · Linear+

 REIT, real estate investment...

views
     
Jordy
post Sep 11 2008, 07:21 PM

Entrepreneur
Group Icon
Elite
5,626 posts

Joined: Nov 2004
From: Klang, Selangor
QUOTE(panasonic88 @ Sep 11 2008, 03:53 PM)
it is 1.63 now, so, you got yours?
*
Haha, on second though, my new target has been lowered to 1.58.
Only then it is worth it to average it biggrin.gif

QUOTE(cherroy @ Sep 11 2008, 04:12 PM)
LOL, make a reit LYN gathering then, haha.  biggrin.gif

Seriously, you are going to attend?
*
Can do that though. At least we get to attend the meeting and then have our small discussion nearby among ourselves smile.gif
I will attend it as it is FREE, and I get to meet the Board (although not up close la laugh.gif)
Cherroy, I am waiting for you to join so that we can discuss more about our favourites nod.gif
Jordy
post Sep 12 2008, 06:17 PM

Entrepreneur
Group Icon
Elite
5,626 posts

Joined: Nov 2004
From: Klang, Selangor
QUOTE(cherroy @ Sep 11 2008, 08:35 PM)
Not possible for me to attend those AGM, EGM, or seminar, somemore all are in KL. May be already retired time, can. 

I work six days a week, even sick also can't take leave one.  ohmy.gif

For me, those reit are intended to serve as passive income, just like buying an property then rent it out.
*
QUOTE(ante5k @ Sep 11 2008, 10:50 PM)
if they dont use the money to buy up any more properties , the yield will surely drop.

Side note. cant go the unit holder meeting lar... working day.
*
Aiseh, potong la like that yawn.gif Thought cherroy is so free as to not working one laugh.gif
Sigh, since no one joining, me also don't go lo. Might be going Singapore then.

Actually, if we compare the yield of AXREIT now with last year, the yield is actually lower.
Last year they had 9 properties up to H1, this year they have 17 up to H1.
If we take the yield on their asset for this year and compare with last year, it is lower hmm.gif
Jordy
post Sep 16 2008, 02:32 PM

Entrepreneur
Group Icon
Elite
5,626 posts

Joined: Nov 2004
From: Klang, Selangor
QUOTE(ante5k @ Sep 16 2008, 09:34 AM)
anyone got axreit at 1.60?
*
Still got room to go down further one biggrin.gif
I am waiting for it to go down more, probably to around 1.55 only worth to buy laugh.gif
Jordy
post Sep 16 2008, 04:14 PM

Entrepreneur
Group Icon
Elite
5,626 posts

Joined: Nov 2004
From: Klang, Selangor
QUOTE(ante5k @ Sep 16 2008, 02:45 PM)
1.55 ar? i thought they will push up the price slightly before the new share issue to get a higher issue price.
*
Hmm, based on my feelings, IF Anwar were to seize power, then we might see HUGE selloff as the current Government has quite substantial holdings in REITs as well. Please correct me if I am wrong smile.gif
Jordy
post Sep 16 2008, 08:43 PM

Entrepreneur
Group Icon
Elite
5,626 posts

Joined: Nov 2004
From: Klang, Selangor
QUOTE(ante5k @ Sep 16 2008, 04:36 PM)
but then why would they sell it off , if it is earning them money?
*
Well, I don't know how Anwar is going to handle this. A lot of projects under the 9MP might be stopped causing prices of building materials to dip, thus causing fear on property play. This is my assumption though, and I might be wrong smile.gif
Jordy
post Oct 15 2008, 11:08 PM

Entrepreneur
Group Icon
Elite
5,626 posts

Joined: Nov 2004
From: Klang, Selangor
Now probably is not a good time to buy REITs yet. There are reasons why people are selling down on them, mostly due to recession fears. If global recession really steps in, then only I will start accumulating REITs.
Jordy
post Oct 15 2008, 11:18 PM

Entrepreneur
Group Icon
Elite
5,626 posts

Joined: Nov 2004
From: Klang, Selangor
QUOTE(ante5k @ Oct 15 2008, 11:14 PM)
i agree .
*
Haha, but too late isn't it? You already bought 2k units today, and you stated it probably would be your last buy on AXREIT tongue.gif
Jordy
post Oct 15 2008, 11:31 PM

Entrepreneur
Group Icon
Elite
5,626 posts

Joined: Nov 2004
From: Klang, Selangor
QUOTE(ante5k @ Oct 15 2008, 11:24 PM)
gonna stop lor, but that price too irresistable. Actually, i just queue queue only .... didnt know actually got people selling at that price, just before market close .... buy toto 6/52 also no strike, sien.
*
Haha, then maybe you are lucky (or not). Who knows? Will have to see where the global economy is going next, but definitely not getting any better smile.gif

QUOTE(rayloo @ Oct 15 2008, 11:25 PM)
I am waiting for Capital Land lisitng in next year. Owns Gurney plaza in Penang, Sungai Wang and The Mines.
Anyone knows which counter has Tesco ? Heard Tesco is in REIT.
*
AXREIT is the one which owns one of Tesco's stores (if I remember correctly). There is no REIT company owning Tesco as a whole, but AXREIT is only owning the "property" which Tesco rents.
Jordy
post Oct 15 2008, 11:38 PM

Entrepreneur
Group Icon
Elite
5,626 posts

Joined: Nov 2004
From: Klang, Selangor
QUOTE(rayloo @ Oct 15 2008, 11:37 PM)
Thanks Jordy, only one ? Hmm....which one ah ? Only one then not interesting leh. yawn.gif
*
I forgot which one, but if I am not mistaken, it should be somewhere in Kedah. Yes, they have only one property rented to Tesco.
Jordy
post Oct 16 2008, 02:21 AM

Entrepreneur
Group Icon
Elite
5,626 posts

Joined: Nov 2004
From: Klang, Selangor
QUOTE(ante5k @ Oct 16 2008, 12:44 AM)
Warehouse Retail Facilities
Giant Hypermarket (Sungei Petani)

http://www.axis-reit.com.my/section.cfm?id=70
*
Oh, thank you for pointing out my mistake. Damn, most of the information correct, but the store got mixed up. Really getting old. Haha.

This post has been edited by Jordy: Oct 16 2008, 02:23 AM
Jordy
post Feb 3 2009, 03:43 AM

Entrepreneur
Group Icon
Elite
5,626 posts

Joined: Nov 2004
From: Klang, Selangor
AXREIT price should drop to its usual RM1.2x after ex. It is wise to sell within these few days before the ex to realise some profit. Can buy back when it hits back RM1.2x smile.gif
Jordy
post Feb 10 2009, 12:17 PM

Entrepreneur
Group Icon
Elite
5,626 posts

Joined: Nov 2004
From: Klang, Selangor
Oh, a big drop in AXREIT smells opportunity. Those who heeded my advice should be able to rebuy again at around RM1.20 next 2-3 days smile.gif REIT plays is good at the moment.
Jordy
post Feb 10 2009, 12:58 PM

Entrepreneur
Group Icon
Elite
5,626 posts

Joined: Nov 2004
From: Klang, Selangor
QUOTE(panasonic88 @ Feb 10 2009, 12:19 PM)
you're so right.  nod.gif

AXREIT at 1.2x now.
*
Haha, looking for it to drop further. Hope the Obama stimulus does not go through, then expect to see the price of AXREIT dipping below RM1.20 biggrin.gif
Jordy
post Feb 10 2009, 01:03 PM

Entrepreneur
Group Icon
Elite
5,626 posts

Joined: Nov 2004
From: Klang, Selangor
QUOTE(ante5k @ Feb 10 2009, 12:59 PM)
The Board of Directors of Axis REIT Managers Berhad, the management company of Axis Real Estate Investment Trust (Axis-REIT) wishes to announce that OSK Trustees Berhad, the trustee of Axis-REIT, has given its approval for Axis-REIT to change its current income distribution policy from semi-annual payment to quarterly payment with effect from 1 January 2009.

For your information smile.gif

I read from somewhere that the nestle building going to be empty for 60day at the end of this year , anyone heard about it?
*
Which was why you see the price went up so much before the ex-date biggrin.gif

Nestle going to vacate the factory or just stop production for 60 days? If they just stop production, I don't think it will affect AXREIT's earnings as they will still have to pay the rental.
Jordy
post Feb 11 2009, 08:48 AM

Entrepreneur
Group Icon
Elite
5,626 posts

Joined: Nov 2004
From: Klang, Selangor
A very good read, thanks for sharing bro smile.gif
Jordy
post Feb 22 2009, 09:15 PM

Entrepreneur
Group Icon
Elite
5,626 posts

Joined: Nov 2004
From: Klang, Selangor
QUOTE(Neo18 @ Feb 16 2009, 05:31 PM)
suddenly this thread is inactive...

i'm now eyeing AXREIT @ 1.26... beh tahan liow.. cannot wait too long. later price fly away
*
Bro, I'm with you on this. Well, I thought of waiting for AXREIT to hit around 1.24 then, but too bad it rebounded at 1.26. Now, I may just buy it when it hits 1.27 or lower, but patience is a virtue. I still have to wait a few more days since the price has been steady at 1.28 for 3 days yawn.gif
Jordy
post Feb 26 2009, 07:48 PM

Entrepreneur
Group Icon
Elite
5,626 posts

Joined: Nov 2004
From: Klang, Selangor
QUOTE(Neo18 @ Feb 26 2009, 04:30 PM)
bought another 100lot of AXREIT@1.28
*
It has been hovering around this price for way too long. Still couldn't get it as the volumes are so low! sad.gif I ope I can get in @ 1.26 at least though, then I am safe.
Jordy
post Mar 1 2009, 02:14 PM

Entrepreneur
Group Icon
Elite
5,626 posts

Joined: Nov 2004
From: Klang, Selangor
QUOTE(ante5k @ Feb 28 2009, 04:47 PM)
it was there but no enough seller ... i dont want partial match.
*
Haha, how many lots are you looking to buy this time? I believe you're looking at 300 lots? tongue.gif

What you guys think of the coming mini-budget? Would there be any stimulus which could boost property demand here? Do you think the mini-budget could stir up interest in REITs? Hoping to buy in before March 10 just in case they announced some goodies for REITs smile.gif
Jordy
post Mar 3 2009, 08:31 PM

Entrepreneur
Group Icon
Elite
5,626 posts

Joined: Nov 2004
From: Klang, Selangor
QUOTE(espree @ Mar 3 2009, 04:18 PM)
Thank you cherroy for the info. I guess I just have to wait for the good news.
*
Why wait for the good news? Even if the yield falls to 7%, it's still much better than FD. When it rebounds after they successfully found a new tenant, then you will be earning a lot more due to appreciation.
Jordy
post Mar 4 2009, 07:25 PM

Entrepreneur
Group Icon
Elite
5,626 posts

Joined: Nov 2004
From: Klang, Selangor
QUOTE(wankongyew @ Mar 4 2009, 04:48 PM)
I have a question about REITs. Why do they all manage office / retail / industrial space only? Why not manage residences that are rented out, i.e. condos and apartments?
*
You must understand that residential properties have higher risk of defaulters. When a tenant defaults, then you lose your income. This is happening very commonly. Also, residential properties have lower yields than commercial properties, not to mention that office buildings appreciate very fast if you are in the right area.
« Next Oldest · Stock Exchange · Next Newest »
 

15 Pages < 1 2 3 4 5 > » Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
 0.2610sec    0.47    7 queries    GZIP Disabled
Time is now: 9th December 2025 - 12:56 AM
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Removal Request
Powered by Invision Power Board © 2025  IPS, Inc.