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 REIT, real estate investment...

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fergie1100
post Oct 29 2008, 05:51 PM

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1) Can somebody explain what's DPU & NAV? I can't find DPU but i found that NAV stands for Net Asset Value....
2) Does NAV have to be higher than the current price?
3) Basically the higher the better for NAV & DPU

fergie1100
post Oct 30 2008, 12:05 AM

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Thanks Cherroy & Darkknight.... seems like REIT is very interesting... will try to look more into it smile.gif
fergie1100
post Oct 30 2008, 03:41 PM

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i got the same feeling too..... went tru this thread frm page 1 up to page 10.... then straight away jump to last few pages..... found that REIT is interesting...... can i say that the dividend payment of REIT is even higher than those BJTOTO, GUINESS counters? tongue.gif
fergie1100
post Nov 10 2008, 06:04 PM

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Just wanna get confirmation with u guys....
the dividend that we receive from normal stocks are being taxed 26% while 15% for any REIT stocks right?
fergie1100
post Nov 11 2008, 03:24 PM

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QUOTE(cherroy @ Nov 11 2008, 02:09 PM)

Axis reit - Seem cheap, with net yield more than 10%, which is quite attractive for some assets that are well diversified across. Major concern is about the 120 millions unit whether it is successully being placed out or not and at good price or not. Althouhg it might have some dilution effect but with newer money raise and reduction in borrowing, it could save a lot of interest expenses as well. So those private placement might not having too much negative effect. In fact, if successful place out with ease and at good price, it is view as positive factor.

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is my calculation correct for below?
I found that AXREIT paid div twice a year, with 1st half 6.65 cents being paid already...
expecting same amount being paid for the next half, the total div of the year would be 13.3 cents..
let's say i got it @ 1.30, my net yield would be about 9% right?
(0.1197 -->deducted by 10% tax)/1.30 ~ 9 %
fergie1100
post Nov 11 2008, 03:31 PM

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QUOTE(Neo18 @ Nov 11 2008, 02:34 PM)
Dear Cherroy,

Thank you for you analysis.

Let me tell u my plan. I'm using Share Margin Financing from PBank to buy REIT. They are giving me BLR - 1.75%. since BLR is 6.75%, i'm paying 5% interest.

I plan to max out my margin financing buying REIT. Now i c average 10% groos (9% nett) yield!!!

Therefore, i'm using bank money to earn money!!! hahaha.

I think i will Q for axis 1.3 la. I got alot of Atrium and i Just bought Amfirst @ 0.80 last week.

TQ. Next i want to look at tower reit. Looks attractive too
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wow.... u've got some guts there smile.gif
may b some one can imitate ur move by using their PTPTN loan too tongue.gif
fergie1100
post Nov 11 2008, 03:53 PM

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QUOTE(cherroy @ Nov 11 2008, 03:27 PM)
6.65 cents is not a full half year figure, as in the early of the year, they gave the part of DPU for January already together with semi-annual on previous year. Actually total for half year is more than 7 cents. or 7.xx cents.

You can derive from the lastest Q financial result as well, 3.85 cents or annualised would be 15.4 cents.
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oh ya... my bad.... i missed out the 1st interim of 0.75 cents tongue.gif
so it's actually 0.75 + 6.65 = 7.4 cents for the 1st half
huh? u mean they had released their whole year "income distribution" aka "div payment" already? ----> i only found their int financial statement for 6 months period frm their official site
i guess i'm too stupid to read their financial report rclxub.gif
btw, the withholding tax is really 10% only? which category i'm falling into?
resident corparate? resident non corparate? non-resident indi? non-resident corp or non-resident inst?


Added on November 11, 2008, 4:00 pm
QUOTE(ante5k @ Nov 11 2008, 03:38 PM)
it a good way to utilize the credit, but remember to pay up the minimun required amount so that you dont deny others a chance to study with ptptn loan.
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oh ya.... i mean only for those whose family can support his/her studies

QUOTE(Neo18 @ Nov 11 2008, 03:40 PM)
what is PTPTN interest rate? if its low, can i apply? hahahaha
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1% i heard.... tongue.gif

This post has been edited by fergie1100: Nov 11 2008, 04:00 PM
fergie1100
post Nov 11 2008, 04:05 PM

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QUOTE(cherroy @ Nov 11 2008, 04:02 PM)
Their DPU has been always semi-annual, one during after June result (you get it around end of July), one after Dec Q result (you get it around end of Feb).

To make it simple,
For individual and Malaysian, this year still 15%, next year onwards 10%.
For foreigners, 20% & 15%.
*
thanks for the clarification biggrin.gif
fergie1100
post Nov 12 2008, 05:33 PM

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QUOTE(darkknight81 @ Nov 12 2008, 03:17 PM)
thanks for sharing.... no div declared for this Q huh? tongue.gif
fergie1100
post Nov 19 2008, 01:50 PM

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QUOTE(mo_meng @ Nov 19 2008, 12:27 PM)
really tempting lea .. 1.24 .. lowest
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then why are u still waiting? brows.gif brows.gif brows.gif
just a single click will do

This post has been edited by fergie1100: Nov 19 2008, 01:51 PM
fergie1100
post Nov 20 2008, 05:50 PM

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QUOTE(darkknight81 @ Nov 20 2008, 04:53 PM)
Shit am i dreaming?? Axreit at RM 1.19  drool.gif
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mana ada? 1.20 oni.... am i getting the correct counter? tongue.gif AXREIT (5106) right?
fergie1100
post Nov 27 2008, 08:40 AM

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QUOTE(kbandito @ Nov 27 2008, 07:54 AM)
What is AXREIT dividend policy?
90% or 100%?
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i think all the REIT need to give out 90% profit to their shareholders....
fergie1100
post Dec 3 2008, 05:16 PM

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QUOTE(darkknight81 @ Dec 3 2008, 01:12 PM)
Reits is very boring type of investment..Stariet is one of the most boring reits.... biggrin.gif
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AXREIT closed @ 1.15 today..... close to ur target darkknight? tongue.gif
fergie1100
post Dec 3 2008, 05:28 PM

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QUOTE(cherroy @ Dec 3 2008, 05:18 PM)
I already Q'ing at 1.15, but didn't get it.

At 13% yield simply hard to ignore it, somemore just wait less than 3 month can get the semi-annual distribution already which is expected in the range of 7 cents or slight above 7 cents.
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i'm still thinking whether to buy up some as well... if i were to buy, i'll have not much $$ left to average the shares i had currently..... sad.gif

This post has been edited by fergie1100: Dec 3 2008, 05:29 PM
fergie1100
post Dec 17 2008, 11:21 AM

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QUOTE(darkknight81 @ Dec 17 2008, 11:07 AM)
Bought axreit at RM 1.00 50 LOTS  wink.gif
Should be a cheap price rite cherroy ? tongue.gif
Don expect it to go up either instead hope it can go down some more. My reinforcement will coming in batch by batch  biggrin.gif
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wow.... made ur 1st move already thumbup.gif
fergie1100
post Dec 17 2008, 02:27 PM

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QUOTE(Neo18 @ Dec 17 2008, 11:38 AM)
come down buy somemore la..
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it's the "bullets" that's matter sweat.gif sweat.gif

This post has been edited by fergie1100: Dec 17 2008, 02:27 PM
fergie1100
post Dec 17 2008, 03:13 PM

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QUOTE(darkknight81 @ Dec 17 2008, 02:36 PM)
Thats  the good thing of having dividend counter. You can use the dividend you receive to do reinvestment.
Further more i use my ASW and ASM dividend to do reinvestment . So i can reinvest every 6 months.
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hmm..... that's a good point..... but when will u realised ur gain? hmm.gif will u keep putting back your $$ & make the "ball" even larger?
fergie1100
post Dec 22 2008, 10:44 AM

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QUOTE(cherroy @ Dec 22 2008, 09:27 AM)
Cannot, as for nominee account, the share is not direct owned by you.

If for between direct account with CDS, then yes, possible, but cannot to third party, that's for sure. Within the same name or family members, last time when I updated.
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so the shares cant be transfered to the family members unless the share holder pass away?
sorry for being OT tongue.gif
fergie1100
post Dec 30 2008, 02:51 PM

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QUOTE(Neo18 @ Dec 30 2008, 02:25 PM)
guys, any tactic on buying AXREIT arr?

I c the price is going up and flying away, now already 1.15

I'm hoping for it to come down to 1.1 again la.. i'm so sad.
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i think u should set your own price rather than following the market...
so if the market's moving away frm ur target, just wait smile.gif
& remember to buy also if it's within ur target.... u'll feel better like dat tongue.gif

This post has been edited by fergie1100: Dec 30 2008, 02:51 PM
fergie1100
post Feb 27 2009, 08:40 AM

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QUOTE(darkknight81 @ Feb 27 2009, 08:09 AM)
After dumping my axreit it seems no chance for me to buy back again  doh.gif
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refer to ur 1st rule, 忍 tongue.gif

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