May i noe how come u all r not interested in STAREIT?
As i noe, tis reit provides the highest liquidity in the market.
Oni d obvious cons is possible pressure from rental income from the tenants as they r operating in luxury market which wil not fare gud in the bad times.

Not really not interested, already got as well. Just not talking on it only because price doesn't slide as much as others, so yield is lower than others.

Liquidity is the strong point of Stareit. So if wish to buy singificant sum like 500 lots one, then Stareit is always the easier choice.

Main reason for me not to touch this counter is:

1. Low dividend yield at current price

2. Not aggressive ENOUGH on their properties acquisition. Basically is extremely boring type of REIT

This post has been edited by darkknight81: Nov 12 2008, 12:10 PM

Axis-reit 2008 3rd quarter reports

http://www.axis-reit.com.my/images/axisrei...32008%20(2).pdf

thanks for sharing.... no div declared for this Q huh?

it is given semi anually, not quarterly.

Got one question here again

For those reits holding shopping complexs especially, the maintenance cost will be quite a lot i beliv in order to stay competitive with other shopping complex building. If you shopping complex surrounding /design is old fashion and look old and dirty especially you definitly got to refurbish it. If not = no shoppers = no business = your property cannot rent out ....This is one of the factor i am considering as well...How do the reits management get those fees for maintenance as almost 90% of the rental are being distribute back to the reits holder....IS it from the 10% management fee? Pls advice

the cost of maintaining those building are deducted off as expenses. so
rental - expenses = profit = distribution.

For most reits it is a newly launch investment trust just few years back...We can consider that most of their properties are still new and less maintenance...Few more years down the road are we expecting the expenses for refurbishment will go up then? Will it affect the earnings as i know refurbishment for a buildig are costly

if you check their annual report, you will see that they do rotate and do renovation on commercial building on rotation basis.

Axreit today close at RM 1.24 More and more tempting....

This post has been edited by darkknight81: Nov 18 2008, 07:52 PM

If DPU is not going to drop significantly for the future. At 12% yield is very very tempting.

I do notice sellers are on eagerness to sell, may be some fund managers facing redeemtion, just my guess.
There are a lot of unit trust and insurance fund invest in it, as seen by its list of substantial shareholders.

really tempting lea .. 1.24 .. lowest

This post has been edited by mo_meng: Nov 19 2008, 12:29 PM

then why are u still waiting?
just a single click will do

This post has been edited by fergie1100: Nov 19 2008, 01:51 PM

hmm looks like the vol is very low

Most of the dividend counter have low trading volume. As ppl buy for the dividend

Reit is not popular in Malaysia, a lot of people still don't know what it is.

It is actually a trust not share.

If want to goreng goreng one, or want see a lot of price appreciation, then it is not an advisable place to be.

Shit am i dreaming?? Axreit at RM 1.19

Slap your own face twice, to see whether you are dreaming or not. Haha.

Lai lai lai, 1.20 cheap cheap, 12.5% gross yield.

Buy at your own risk.

next week if still at 1.20 i'm getting some ...