| KLSE : YTLREIT || || YTL Hospitality REIT |
|Last Price ||Today's Change || Day's Range || Trading Volume |
|1.15 || +0.01 (0.88%) || 1.14 - 1.15 || 1,477,400 |
|Avg Volume (4 weeks):||789,835|
|4 Weeks Range:||1.10 - 1.23|
|52 Weeks Range:||1.02 - 1.26|
|Average Price Target:||-|
Yippy68 Anywhere , ytl reit is one of the highest among first five on yield...when you own this reit, you own some share in some of the hotel in bukit Bintang,,pulAu pangkok, Japan Australia,,,,,
Yippy68 When you are sleeping, they are working for you. Better than FD, if you trust a piece of ;FD receipt, you should trust a company own property at prime location.. The value will go up.
Abraham David I understand YTL REIT has relatively high debt though its dividend pay out is indeed very good at 7.0% pa. I wonder if I can continue to buy more of this REIT? Please advise.
keanhee I decided to wait till the issue of new share is over, which will be the end of this year.
omnigunk Doing good today
gimeng have been contemplating to enter at around 1.11 to 1.13. I guess it might start to get harder now to go in in that range.
Parttimer good. pls offload more... FD rate slowly moving lower...
u sell more i can buy more at better yield when my bonus come in this year end...
Parttimer we have broken the all-time-high... now it looks like this stock is going to chart a new range.....
Yippy68 Read my comment on 31 August.... Reits" has made me very very comfortable especially today....
Yippy68 Off load some at 1.20 tomorrow my be down due to profit taking
It's anyone's guess when they'll inject these assets into YTLREIT, but that will most likely entail a rights issue.
Money168 how come YTLREIT bought property din make announcement?
gforce2 It's not under YTLREIT yet...
Jian Bin Siew In my opinion, better sell first. They will issue new share soon. Usually, company will push up the price so that can have better price to list the new share. Ytl can inject the new hotel in starhill global reit in Singapore as well...
ejtic NAV as at Sep 30 up to 1.48
Yippy68 another good day, hope it break 1.30..anyone know why surge
MirageHotelPD NTA 1.48, rental in Msia stable. Japanese Yen surge 20% and Aussie 10% over last one year plus over night banking rate drop 0.25%. This could be part of the reasons trigger buying. Expecting rental revise in Nov for Msia & Japan Hotel also could be another reason.
kuihmoi possible Bank negara to cut rate by another quarter
ejtic Looks like the Mgmt is gonna add more new hotels pretty soon...
Yippy68 dividen soon. hope it is getting better.
Yippy68 Double dividen nov and dec ..is that true?
rakel Ya, double dividend. It's great!
Parttimer where u read double dividend? share
wei007 Read the company announcement please...
Jay announced placement of new units. seems like the second dividend is to avoid paying dividend for the new units
On behalf of the Board of Directors of the Manager (“Board”), AmInvestment Bank wishes to announce that the Board had today resolved to fix the issue price of 380,000,000 Placement Units at RM1.06 (“Issue Price”). The placees for the entire 380,000,000 Placement Units are as follows:-
(i) 190,000,000 Placement Units to be issued to YTL Corp; and
(ii) 190,000,000 Placement Units to be issued to placees identified through the Placement Agents, AmInvestment Bank, Credit Suisse (Singapore) Limited and Maybank Investment Bank Berhad,
raising total gross proceeds of RM402.8 million.
The Issue Price represents a discount of approximately 9.25% to the five (5)-day volume weighted average market price of the units in YTL REIT up to and including 30 November 2016, being the last trading day immediately preceding the price fixing date, of RM1.168.
Not good for minority shareholders. At least they should have priced it closer to the market price since it is a private placement.
sonicleong will the price goes down ?
Jay actually placement price not too far from the market price, because nov 30 one dividend went ex, then dec another dividend ex so almost 4c dividend deducted already.
ejtic Totally agreed. Any price below 1.18 is indeed a good buy in view of the attractive yield.
armadasaxon what is advance distribution?..means february wont get dividend ?
warren22 this is advance distribution of dividend as per notice.
pulsarJ hold or sell and then come back later?
armadasaxon shit i stuck at 1.18..just to take 2 sen dividend..cry me
sonicleong i also stuck at high price ...
sonicleong the question is ...will it shoot back up ?
Yippy68 fully agreed. for long term, you get better income compare to your money lying one yer in the bank for 3.25%. and it is safe.
MirageHotelPD The early dividend pays out to avoid new placement shareholders enjoy the unpay payable distribution. Total early pay out is for 75 days, which means in February there will be another 17 days of distribution to pay again. With current placement of 380m at 1.06. After minus pay out DPU about RM0.04. The NTA will dilute to about 1.322. Current 75 days DPU is about 1.918 sen which means 2nd Quarter cash flow could be 2.35 sen after Nov rental revise up. Assuming 2.35 sen is sustainable, after 380m place in on 15th December and use to pay of loan of 4%. The average DPU will drop to 2.06 sen per quarter. We still have net DPU after withholding tax of around 7.4-7.5 sen yearly if current income is sustainable, which equivalent to 6.7% at 1.10. Reits is long term investment. Those looking for short ride, better avoid this.
88bumblebee anyone know what is the incremental rate for rental started Nov?
MirageHotelPD Under the lease agreements signed on 2011, there will be 5% rental revise up for Msia & Japan Hotels
smartly miragehotelpd, you subscribe new placement ?
ejtic This FY will be a progressive significant year for YTL REIT. Besides the agreed rates revision of the hotel properties (under lease agreements), the Mgmt gonna add its recent acquired UK hotels into it. Hence it would be definitely an accretive to its NTA & DPU. For long term, its net dividend yields are far more attractive than traditional FD even bonds.
gforce2 Compared to the other MREITs, this is the only one with significant forex earning exposure. It is a double edged sword, as it also has a big AUD denominated loan taken when purchasing the Australian hotels. If those hotel revenues are more than sufficient to cover the interest/repayments, great. Otherwise, it's going to get painful as the AUD continues to strengthen against MYR.
MirageHotelPD For Australia Hotels, the Brisbane performance is dropping. But Sydney and Melbourne out performed with extremely high occupancy. Therefore, A$ appreciation will boost DPU although in P&L shows red.
MirageHotelPD smartly, I tried hard to subscribe new placement. But it seems PP only for Preffered group of poeple.