i was wondering why it drop also.

Any idea the proposed placement of 50 millions new units exercise has been completed? At what price?

Hey, it is 0.75 cents not 75 cents. The final distribution is 7.53 cents while another one os 0.75 cents. Please get it right on the mathematical part.

Cheers.

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Added on January 11, 2008, 9:26 amThey take market average closing time for a period fo time then discount about 3% if not mistaken. They will annouce afterwards. Should be around 1.7x-1.8x based on its market movement.

This post has been edited by cherroy: Jan 11 2008, 09:26 AM

I didnt' get AXIS @ 1.8 la!!! how come?

Cherroy, I really want to buy this counter, today, Can give me advise on what should be my offer price?

If really want, can queue at 1.80-1.82 level, waiting to some major sellers to come out, there are sign of some people holding some large chunk eager to liquidate based on previous trading record. If they come out, they generally will 'throw' straight away to the buyer queue, like that you probably can get it, if not, not much trading can be expected.
Need to wait and see. Sometimes it is a mind game also.

After since bought some and monitor it, I found that the sellers in this counters generally don't like to queue if they really want to sell. So if really want it, better put queue the buyer and wait.

This post has been edited by cherroy: Jan 11 2008, 09:56 AM

Dear Cherroy,

thank you very much for your input, you all always very helpful.

Once i become millionaire, i will buy you a drink first.

Not too long, my target is end of this year

I will have my drink soon

May be you already are, just you are too humble to admit.

Cherroy,

Not yet la. althought i'm 60% there.

what bout u? diam diam ubi berisi!!!
still water run deep!!!

are you one yet?

I am only a small small player lah by market standard.
Hey, OT too much already.

Atrium drop to 0.98, not much buyers, sellers are forced to sell at lower price. I smell Axis sellers might coming out, if really want, time to queue to try for your luck. I would queue at 1.80,
Would eyeing at Amfirst also at 0.88 (yield about 8.+%), already had some, while Stareit took too few already last time out at 0.895 and 0.90, would add more on it if oppotunities come.

Another point to make, in term of foreigners view, Reit is not their favourite at the moment, due to the property problem in US and UK. Reit price at there has been hit hard with more than 30-40% drop in price.

This post has been edited by cherroy: Jan 11 2008, 11:28 AM

I already Q to buy 7 lot @1.8, good for the day.
I hope i get it.

ATRIUM is coming down quite drastically. I might top up if i cannot get Axis by end of the day.

but ATRIUM i already got 50k la..

ohh..ok, ..very misleading ahh i?.. hope no one went and bought lorr, thinking can recover their investment so fast all.. thanks cherroy btw, for the clarification..

YAHOO!!!!

i got my AXIS @ 1.8!!!!

Told you, smell it already.

looks like AXIS is a must to grab

any insider news?

U guys really like to invest in REIT...the price mainly stable all the time, just for dividend?

No insider news lah, just based on yield 7.5%. It is the most diversifed and more aggressive Reit stock out there. Maybank gives TP of 2.20 while Hwang 2.60.
Will buy some in the afternoon.

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Added on January 11, 2008, 2:17 pmYes, treat is like secondary FD or like buying properties then collecting rental.

This post has been edited by cherroy: Jan 11 2008, 02:17 PM

What is risk to hold this kind of stock....?
looks like this better than UT....i got 15k in mutual fund...haven't make any profit...

Cherroy,

Atrium @ 0.98 yield 9% interest la!!!

The risk is as same as owning a properties but added up another issue of properties management, you need good properties management team to look after your properties.

Yup, I knew, that's why I still keeping it, at this point, not for me to add on yet, as my previous purchased was at 0.965. So may be lower than it will be better for me. Also seeing whether the newer Q4 report is good or not, if good at 2.2 cents or above, indeed it is a good yield.
Another point, it is traded at relative low volume only, 45 biji only. Since it is a low liquidity stock, several biji of sell or buy can easily move the price already.

This post has been edited by cherroy: Jan 11 2008, 03:17 PM

How often REIT revaluation of it's own properties? price normally will shoot up if undervalue!!!
Any REIT for mid valley & 1 Utame? I only know subang parade & mokhotar parade by HEKTAR...