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 REIT, real estate investment...

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darkknight81
post Sep 24 2008, 07:13 PM

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http://biz.thestar.com.my/news/story.asp?f...50&sec=business
darkknight81
post Oct 9 2008, 03:16 PM

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QUOTE(cherroy @ Oct 9 2008, 04:11 PM)
10% yield, after 9 years recoup back all the initial capital, whether market burst, doom, shine, explode also don't need to worry much as long as the yield is steady throughout period.
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Unless there is an properties bubbles then it will affect reits. So FAR I beliv our properties price still quite resonable
Correct me if wrong.
darkknight81
post Oct 10 2008, 08:43 PM

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Seems very attractive ler drool.gif
darkknight81
post Oct 22 2008, 07:58 AM

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QUOTE(cherroy @ Oct 21 2008, 04:06 PM)
Atrium will be giving out 2.1 cents quarter distribution as usual, just announced.

Axreit is 1.43 only and keep on sliding.   
Seller being pressured with no buyer Q.  rolleyes.gif
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By looking at the price now...Look like atrium reit is more attractive compare to axreit biggrin.gif

This post has been edited by darkknight81: Oct 26 2008, 09:18 PM
darkknight81
post Oct 27 2008, 12:45 PM

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It is better to accumulate Axis Reit compare to other REITS as it is more aggressive in their expansion even though you can see it's price drops the most % compare to other REITS but i beliv during economy recover it will gain most % compare to other REITS. Besides it dividend yield is not bad either. My fair value will be around RM 1.00 - RM 1.20. You can get dividend during recession and sell off during recover to have capital gain. Kill two birds with one stone. laugh.gif

darkknight81
post Oct 27 2008, 09:23 PM

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QUOTE(cherroy @ Oct 27 2008, 06:12 PM)
Dividend is the most important during bad time, it serves

1. as return rate on your investment
2. extra cashflow to reloading your 'bullets'
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So far axis reit dividend has been more than 10 sen. Worst come to the worst we make an assumption that the dividend reduce to 5 sen due to economy slowdown. So let say if i buy at RM 1.00 the dividend yield is 5% it is still better than FD.

And i can use the dividend to reload my bullets for reinvestment.
Noob here pls advice notworthy.gif
darkknight81
post Oct 27 2008, 09:59 PM

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Resident unitholder:

a) Resident company: Tax flow through; thus no withholding tax
b) Unitholder other than a resident company: Withholding tax at 15%

Non-resident unitholder
a) Non-resident company: Withholding tax at 26%
a) Non-resident institutional investor: Withholding tax at 20%
a) Non-resident other than company and institutional investors: Withholding tax at 15%

Can some one pls explain what all this means?
darkknight81
post Oct 28 2008, 07:55 AM

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QUOTE(ante5k @ Oct 27 2008, 11:53 PM)
its an old one, we kena 10% withholding tax.
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Thanks notworthy.gif So that means if dividend is 10 sen. After the withholding tax my take back dividend is 9 sen nett. Any others tax ?
darkknight81
post Oct 28 2008, 10:48 AM

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QUOTE(cherroy @ Oct 28 2008, 10:34 AM)
No more, one off, that is.
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So the tax is lower compare to we buying other stock which are being taxed 26% rclxms.gif
darkknight81
post Oct 28 2008, 10:53 AM

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QUOTE(cherroy @ Oct 28 2008, 11:50 AM)
Yes, that's also one of the attraction of Reit especially now 2008 with single tier dividend whereby no claim back anymore.
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Sorry what is single tier dividend ?what you mean by no claim back
darkknight81
post Oct 28 2008, 12:53 PM

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Yup targeting Ax-Reit RM 1.00 biggrin.gif



So far how much dividend being declared for Axreit already for 2008?
darkknight81
post Oct 28 2008, 12:59 PM

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QUOTE(ante5k @ Oct 28 2008, 01:56 PM)
7.5cents for first half of 2008
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Damn good man this counter...Besides got any other REITS which you think not bad one pls introduce notworthy.gif
darkknight81
post Oct 28 2008, 03:33 PM

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QUOTE(darkknight81 @ Oct 28 2008, 01:59 PM)
Damn good man this counter...Besides got any other REITS which you think not bad one pls introduce  notworthy.gif
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any site to check the past and present dividend for all REITS?
darkknight81
post Oct 28 2008, 03:59 PM

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QUOTE(cherroy @ Oct 28 2008, 04:58 PM)
I am looking at Qcapital as well but prefer to below 0.75, so that yield is much higher and have some protection/discount of NAV which is protection against properties price depreciating in economy poor time.
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How about axis, i am targeting at RM 1.00. Fair enuff?
darkknight81
post Oct 28 2008, 04:08 PM

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QUOTE(cherroy @ Oct 28 2008, 05:02 PM)
Not only fair, it is dirt cheap at 1.00, if income from rental doesn't drop more than 10-20%, while properties price doesn't fall significantly, properties price will under some pressure, no doubt, but as long as it doesn't collapse like US real estate, it could be good bargain.
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I beliv it is achievable though laugh.gif when ppl panic selling. I think their management don do share buybacks like ytl power vmad.gif
darkknight81
post Oct 28 2008, 04:15 PM

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QUOTE(cherroy @ Oct 28 2008, 05:14 PM)
Don't worry, they have no cash to buy back, every year they need to distribute all the profit to the unit holders, which is one of major feature I like reit. After all shareholder means 'share' the profit mah.  whistling.gif

I don't like company keep tons of profit which is not being utilised, as my personal view, it is selfish act and not willing to share and fair to looking after the minority shareholders as retailers.
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No wonder you like Reits so much. Now i understand tongue.gif
darkknight81
post Oct 28 2008, 04:23 PM

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QUOTE(cherroy @ Oct 28 2008, 05:21 PM)
Atrium now at 13% yield.  brows.gif  thumbup.gif
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Atrium assets are mostly on industrial whereas axis is more diversified on different type of building.
darkknight81
post Oct 28 2008, 04:52 PM

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QUOTE(ante5k @ Oct 28 2008, 05:40 PM)
i dont think it will reach RM1 smile.gif around RM1.20 - 1.40 should be good.
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I beliv if economy recession for another few more years, all the Office, warehouse occupancy will be reduced. It will affect the yield.
darkknight81
post Oct 28 2008, 05:20 PM

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QUOTE(cherroy @ Oct 28 2008, 06:09 PM)
Yes, that's why reit also dropping, as market generally move ahead of real economy as it is a discount mechanism.

As if rental remain the same, and occupancy still intact, there is no reason for reit to drop 20-30%.
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Thats y i target RM 1.00. Let assume the yield drop by half to 5 sen only. At least my dividend yield can maintain at 5%
darkknight81
post Oct 28 2008, 07:09 PM

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QUOTE(darkknight81 @ Oct 28 2008, 04:59 PM)
How about axis, i am targeting at RM 1.00. Fair enuff?
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Cherroy,

from this link we can see quill capital properties all is perpetuity. One thing is the dividend yield is the lowest compare to other reits.

http://qct.com.my/properties_highlights.aspx?pageid=14

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