ATRIUM looks like is going to give a dividend of 2.1¢ with ex date on 06-Aug-08. I will look to accumulate some stock here after the period.

Cherroy would you mind giving a take down on AMFIRST (5120)?

Thanks for the information cherroy. Am thinking of moving in as my target price is 0.86-0.87

I checked with my broker though, she mention that Amfirst has no history of issuing dividend so i chicken out last minute. Instead queue for Atrium and Axreit but both transaction also no takers due to unexpected market uptrend. miss boat again.

This post has been edited by georgechang79: Aug 8 2008, 12:36 AM

okay, cherroy. Will download and study the financial year report. Thanks

This withholding tax is claimable from Income tax right? Pls advice

Is now a good time to start accumulate REIT?.

I have been allocating 20% to buy Atrium and Axreit. Just bought 3K lots of Atrium at 0.67

This post has been edited by georgechang79: Oct 30 2008, 07:38 AM

Best of luck darkknight. HOpe that you will be financially free soon.

Lately stareit is trading volume is quite high, infact today about 4K compare to 1K of axreit. The price is also starting to jet like axreit. Any particular interesting news?

This post has been edited by georgechang79: Jan 31 2009, 01:39 AM

Anyone interested in AMFIRST?

Price now is 0.88 from previous high of 0.945 and lows of 0.82. Dividend Yield 10.299%

There is a talk on reits at Cititel, Penang from Axreit CEO Stuart Lebrooy by OSK. Anyone attending?

http://www.osk188.com/spots.jsp?name=broadcast_REIT_240609

c u there then.

REITS are generally low beta stocks meaning they don't fluctuate very much so when market is diving, most traders will transfer to REIT. The best time to accumulate is after dividend. For me, i am as long as it is about the range of my average, i will accumulate.

The awareness for REIT is generally increasing with trading houses like OSK and RHB conducting seminars for them. Hopefully this will result is more trading volume.

Cherroy,

Are you talking about the Country Height Grower Scheme. I got some too which is earning 8% annually for 3 years (growing) and after that 11% if palm oil price is at minimum RM 1950/MT.

So far the price is still steady above RM 2K and with the oil price going up, palm oil price future looks good.

Yes, i agree about the liquidity part of REIT which is why i dump 2/3 of my portfolio into it. However sometimes it pays to diversify and try out new stuff which leads to CHGS. My reasons are

Advantages
1) Land price appreciation when it turns from forest land into palm oil plantation in Gua Musang.
2) First 3 years it takes for palm oil to mature, am getting 8% interest from CIMB
3) Yearly dividend at April depending on the palm oil price and land output.
4) Valid for 23 years. After that the tree is old and need to replant anyway... no juice liao
5) Seasoned management team

Disadvantage
1) Management fees (0.1%) + transfer fees.
2) Takes 3-4 months to sells land plots due to demand and may need to sell below market price.
(based on my colleague info who sold her land last month)
3) Minimum plot is 1/4 of acre
4) Fluctuating commodities prices can be a problem especially if there is a overproduction of palm oil.

Status
Now i get yearly 8% + land appreciation of 45% ( Bought at 5500, now valued at 8000) so it is a pretty good deal for me.
I am not promoting CHGS, do your own investment studies first. More info can be found here http://www.chgs.com.my/