anything more than 1.2, i consider very high leh..hahaha..

i think i target Hektar and Tower Reit now la..

1.32 no more seller, next seller is 1.37. 

So 1.37, want or not? Haha.

future of reit .... how coz i new with reit pls explaine tq

future of reit .... how coz i new with reit pls explaine tq

wow if u get axreit when around 1 is already 30% haha
i just get it when at 1.09 haha so just bout 20% alsop thinking whether wanna offload or not

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Added on January 23, 2009, 5:27 pmmaybe wait till almost ex than sell for hope to get better price else just wait for div haha

actually i'm not very happy AXREIT going up so high!!!

Ok lah, not be too greedy.

Hi Sifus here,

Anyone buy STAREIT? Currently transact at 0.775...any comment? coz i see lots of discussion on AXREIT only

Because at the reit pricing and DPU, Axreit is much more attractive than Stareit

Axreit
Price 1.00
DPU 15 cents
Yield 15%

Stareit
Price 0.77
DPU 0.72
9.4%

That's why more people discuss about Axreit.

There were some discussion on Stareit as well in the old posts, can check it out.

i think it's unfair to use Axreit Price at 1.00 because it seems like little chance for Axreit to go back 1.00 anymore.
Axreit now is 1.42
DPU 15cents
Net Dividend = 15 * 90% = 13.5cents = Net Yield 9.5%

Stareit now 0.775
Net Dividend = 7.2 * 90% = 6.48cents = Net Yield 8.36%

IMHO, Axreit is the most liquidity REIT, that's mean you can buy or sell easily beside higher yield.

For Stareit, is good for people looking stable income and long term, but lack liquidity, that's mean when u wanna sell it, you may need to offer lower a bit than current price in order to dispose it (don't mind if u hold it long term and the price already appreciate a lot)

Just my 2 centst

HI all, Gong Xi Fatt Chai!

I m interested in Atrium after their recent announcement of DPU 2.15cents.
Tried google around but there are no related news in 2008 at all!

Question 1:
There was news in 2007 about plan of new acquisition of Senai plant (Flexitronics), does the deal still ongoing or been cancel?
Flexitronics (electronics manufacturing) badly hit with current economic downturn, so I suspect the deal will went down the drain.

Question 2:
Noticed main income of Atrium is from rental -Shah Alam 1 (Exel Logistics) & Shah Alam II (CEVA Logistics). THese companies seems like 3rd party outsourcing of MNC DHL & TNT.
Wonder how strong the fundamental is these Exel & CEVA companies, will they able to continue honour their rental contract?! 
~consider logistics biz will be badly affected in current worl economic crisis ....

Much appreciate your sharing to shed some lights here, please. Thanks!

dear supporter of reit, i am gathering your opinion on BSDreit before consider of buying. Sifu Cherroy has given his sight on this counter. what about your take..?

Hi Sifu Cherroy,

i know you're specialised in reit counter and i always follow your thoughts in the LYN's stock market forum. i am impressed with your strategy, views and rich in experience.

i have been aiming to buy bsdreit since last two months hoping for dividend income. during the first half the counter declared 3.69 dividend which i notice is just a small percentage of its total full year income. based on last year record, they declared a higher dividend when it come to final distribution. Below are some data which might be useful:

last 9 months eps: 10.50 cents
last div. paid so far: 3.69 cents
balance: 10.50 - 3.69 = 6.81 cents

assume 4th quarter eps is 3.2 cents, so total eps available for distribution will be 10.01 cents. let say final div. is 90% of 10.01 cents equal to 9 cents.

based on current price RM1.04 (22 Jan 09, 12.00pm), ROI is 8.65%. that is pretty good yield if i were to buy at current price.

What is your opinion sifu..is it a good buy..or probably i miss some other important information which may not favour my prediction?

I really appreciate your thought before miss this opportunity.... 
"Cherroy's reply......."

BSDreit just issued new share of 85 millions recently, so some dilution will occur.
Also it is trading at or near its NAV price, while most reit are trading at 20~30% discount to its NAV price, so some may be price-into the reit price which you see some good support on its share price.

The distribution will 'ex-out' the share price, so after distribution, it might trade at the region on 0.90-1.00. So short term you earn nothing out of it.

But for long term, with FD rate is at low point, (as long as they can secure long term tenants), reit might be good alternative to FD. --end