share price keep dropping but hundreds of almost fully occupied airasia planes flying around every single day.. market sentiment is a funny thing

yea some short term concerns.. not sure abt others but where can u find a company on KLSE with 5 p/e, 7.5% dividend n growing business.. sapu more 2moro

see long term la.. a dominant airline company in Asean region where flying is going to be more and more convenient and prevalent mode of transportation in the future... buy n hold for 5-10 years.. airasia at this price is a must have in any KLSE portfolio..

profits up down up down due to various factors but look at the revenue, it's steadily growing... meaning the market and business have been expanding and is expected to continue to grow in years to come..

Looking back at my comments.. If you had invested in REITs in the first half of 2018, you'd have secured 10-20% in profits by now even without dividends .. Axis, Mqreit, IGB, Sunreit etc have all recovered from the interest rate hike sentiment

NAV 0.38... though property is not optimistic at this point... it's still safe to buy at 0.2

Flying is the future.. buy Airasia

dividend will be deposited into your trading acc.. you may reinvest or cash it out

http://www.theedgemarkets.com/article/revised-guidelines-listed-reits-seen-positive-growth

Our top picks are MRCB-Quill REIT (“buy”; target price [TP]: RM1.44) given its sustainable attractive dividend yield of 8.5% (highest in our coverage) and IGB REIT (“buy”; TP: RM1.75) due to its prime location assets with high footfall. — Hong Leong Investment Bank Research, April 17

EPF starts buying

Malaysia Reits in general will recover when the dust settles.. the drop is due to poor market sentiment not the business

0.16 ... Andrew and Maryland are likely going to acquire more

RM0.995.. time to buy more

MREITs are simply oversold at this point... best time to BUY - average down - hold for many years to come.

The Board of Directors of FLBHD wishes to announce that the Company will be seeking shareholders' approval at the forthcoming Twenty-Eighth Annual General Meeting of FLBHD on the Proposed Renewal of Share Buy-Back Mandate.

A statement to shareholders containing details of the Proposed Renewal of Share Buy-Back Mandate will be despatched to the shareholders of the Company together with the Company's Annual Report in due course.

NAV 0.37 but share price 0.175? more than a 100% discount... doesn't make sense at all.. I thought last year price 0.21-0.23 was already heavily discounted..

http://www.theborneopost.com/2018/03/21/price-drop-of-malaysian-reits-shares-unwarranted-analysts/
“This comes as most MREITs have over 70 per cent of their borrowings on fixed rates
“And in any case, a 50bps hike to Pavilion REIT, MQREIT, and Axis REIT would only lower earnings by one to two per cent, which is minimal,” said the research arm.

http://www.theedgemarkets.com/article/new-property-development-ruling-could-benefit-selected-reits
We are mildly positive on the revised Guidelines on Real Estate Investment Trusts (REITs) which allow property development for Malaysian REITs (M-REITs), among other changes/additions. This new property development ruling is within our expectations and it could benefit selected M-REITs. We remain “neutral” on the sector and our selective buys are IGBREIT, SunREIT, CMMT, YTLREIT and MQREIT.

http://www.theedgemarkets.com/article/are-reits-good-buy-now
Kenanga Research has chosen MRCB-Quill REIT as its preferred “long-term pick” with a target price of RM1.30, given its stable asset profile and attractive dividend of about 7.9% currently.

PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF LCTH PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 (“PROPOSED SCR”)

The terms used herein shall have the same meaning as those defined in the announcement made on 10 January 2018 unless otherwise stated.

We refer to the announcements dated 7 December 2017, 14 December 2017, 4 January 2018, 5 January 2018, 8 January 2018, 10 January 2018, 12 January 2018 and 13 February 2018 and the circular to shareholders dated 14 February 2018 in relation to the Proposed SCR.

On behalf of the Board, RHB Investment Bank wishes to announce that the Entitled Shareholders of the Company have approved the Special Resolution set out in the Notice of EGM dated 14 February 2018 in respect of the Proposed SCR (“Special Resolution”), at the EGM of the Company held today, 8 March 2018.

The Special Resolution is to be approved by a majority in number of shareholders and at least 75% in value to the votes attached to disinterested shares that are cast either in person or by proxy at the EGM of LCTH, provided that the value of votes cast against the resolution for the Proposed SCR at the EGM is not more than 10% of the votes attaching to all disinterested shares of the total voting shares of LCTH.

Based on the poll results, 74.07% in number and 98.57% in value to the votes attached to disinterested shares that were cast either in person or by proxy at the EGM voted in favour of the Special Resolution. Further, 0.18% of the votes attached to all disinterested shares of the total voting shares of LCTH voted against the Special Resolution. Therefore, the Special Resolution was carried.

The application to the High Court to seek the confirmation for the reduction of share capital under Section 116 of the Act will be lodged in due course.

This announcement is dated 8 March 2018.

how's the EGM going?

http://www.theedgemarkets.com/article/bank-negara-malaysias-early-move-eases-pressure-hike-again
BNM maintains interest at 3.25%.. don be a fearmonger la

panic sell for no reason.. going to collect some more to average down.. dividend payout is > 8% at this price

Don worry.. market overreact only.. Invest in REITS = buy properties and collect rentals. Share price drop = buy properties at cheaper price and collect rental at higher %.. A lot of REITS (Axis, IGB, Sunreit etc) are very cheap now.. keep some cash and be ready to go in again

yesAH ...with expectations of higher interest rates, is it good for REIT?

On average, it would be safe to assume that interest rate increases are likely to be met by REIT price declines. Of course, reaction by sectors will vary. For example, some argue that in the case of residential and office REITs rising interest rates would drive up REIT prices because increasing rates correspond to economic growth and more demand. But you will need to be selective in such an environment. The good news about REITs is that high yields are a sort of hedge against price declines: if you buy a high-yield REIT, any price decline will be mitigated by high income in the meantime.

Read more: The Impact Of Interest Rates On Real Estate Investment Trusts https://www.investopedia.com/articles/04/110304.asp#ixzz58xDethNf
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Currently 76% of MQREIT’s total borrowings are on fixed interest rate, thus to a large extent cushioning the Fund from any potential rise in interest rates in this volatile market environment.

I bought several times at 1.25 - 1.22 - 1.16 - 1.12 and now 1.10.. At current price, dividend payout is around 7.7% p.a. you don't have to go all in for REIT, just top up bit by bit and stay long enough to reap the sow twice a year from dividend payouts. The share price may continue to stay low for a while due to market sentiment but as long as the properties are still standing and collecting good rentals from healthy businesses, investors shouldn't be overly concerned with daily fluctuation of share price.

NAPS 1.67 heavily discounted at this price

Not too bad... but why no dividend?

just cut loss at 12.5... cash out and observe the market first, though I believe HY will go up in long term

At 1.15, dividend is around 7.3% ... time to top up more

buying buying ~

Reit is for long term la. MQreit average occupancy rate is as high as 96%, give more than 6% of dividend p.a., more than 60% value of its asset sit in KL sentral area, most strategic transport hub of KL... it's something u hold n top up bit by bit for 5-10 years or more n enjoy d income distribution in d long run... MQreit is one of the top three Reits I will continue to invest in for years to come

I'm not selling til it reaches RM18

Kuala Lumpur, 19 January 2018: MRCB Quill Management Sdn Bhd (“MQM”), the manager of MRCB-Quill REIT (“MQReit”), a listed real estate investment trust, wishes to announce that MQReit achieved a realised net income of RM21.42 million for the fourth quarter of 2017 (“4Q 2017”). This is an increase of approximately 61.0% from the realised net income of RM13.30 million recorded for the fourth quarter of 2016 (“4Q 2016”). The higher realized net income for this quarter was attributable to the recognition of income from Menara Shell, net of higher property operating expenses, finance costs, trustee’s fee and manager's fee. For the full year, MQREIT achieved a realised net income of RM88.01million, an increase of 48.8% compared to the realised net income of RM59.16 million recorded for the financial year ended 31 December 2016 (“FY 2016”). Correspondingly, realised earnings per unit (“EPU”) for financial year ended 31 December 2017 (“FY 2017”) of 8.24 sen was recorded.

After taking into consideration the non-cash adjustment for manager’s fee payable in units and net fair value loss on investment properties, MQREIT achieved a distributable income for FY 2017 of RM92.4 million. (“Distributable Income”).

FY 2017 distribution per unit (“DPU”) was 8.39 sen, which is 0.1% higher compared to the FY 2016 DPU of 8.38 sen. The FY 2017 DPU of 8.39 sen translates to a distribution yield of 6.7% based on the closing price of RM1.25 per unit as at 29 December 2017.

FY 2017 DPU of 8.39 sen consist of an interim distribution of 4.23 sen which was paid to MQREIT unitholders on 18 September 2017 and the proposed final distribution of 4.16 sen for the sixmonth period ended 31 December 2017. The proposed final distribution of 4.16 sen is expected to be paid on Wednesday, 28 February 2018.

same rules apply: a stock going too fast will go down too fast; but a stock going down too fast will eventually rebound too

12.xx is a good buy now

today all red red... stay calm stay calm..

Today panic sell overdone - will rebound to RM 16-17 in the next few days.

be patient la keep buying at 15-16

Barring any unforeseen circumstances and subject to LCTH obtaining the necessary approvals
and/or consents from the relevant authorities/parties as disclosed in Section 5 of this
announcement, the Proposed SCR is expected to be completed in the second quarter of 2018.

slow and steady.. don rush. .everyday 10-20 cents up and stay green

On behalf of the Board, RHB Investment Bank Berhad wishes to announce that Fu Yu Corporation Limited had vide its letter dated 5 January 2018, resolved to grant the Company an extension of time from 5 January 2018 until 19 January 2018 to respond to Fu Yu Corporation Limited with its decision as to whether to take steps to implement the Proposed SCR and to recommend the Proposed SCR to the shareholders of LCTH for consideration.



Save for the extension of time for the Company to respond to Fu Yu Corporation Limited, all other terms and conditions as stated in the SCR Offer Letter remain unchanged.

top up more as it drops

share price is more stabilized now

relak.. keep buying when it drops.. patience will bring sweet rewards

wow correction again.. buy ah buy ah

every drop is a buy! continue to accumulate

Kindly note MQREIT’s policy is to distribute on a semi-annual basis i.e. usually after 2Q and 4Q results. However, for FY2015 there was a special distribution because of a fund raising exercise that completed in that year. Prior to the issuance of the new units from a fund raising exercise, it is a policy for MQREIT to distribute to existing unitholders before the new units holders come on board, hence the reason for the special distribution.

Detailed below is the distribution amounts with the corresponding period and paid out dates for your reference:

Special
**1.88 sen (for period 24 Mar 2015 – 30 June 2015) – paid on 28 Aug 2015

1st distribution

4.10 sen (for period 1 Jan 2014 – 30 June 2014) – paid on 29 Aug 2014

2.22 sen (for period 1 Jan 2015 – 23 Mar 2015) – paid on 15 Apr 2015

4.23 sen (for period 1 Jan 2016 – 30 June 2016) – paid on 8 Sept 2016

4.23 sen (for period 1 Jan 2017 – 30 June 2017) – paid on 18 Sept 2017

2nd distribution (final)
4.28 sen (for period 1 Jul 2014 – 31 Dec 2014) paid on 27 Feb 2015

4.37 sen (for period 1 Jul 2015 – 31 Dec 2015) paid on 29 Feb 2016

4.15 sen (for period 1 July 2016 16 Dec 2016) – paid on 13 Jan 2017


2nd distribution for FY17

***To be announced sometime in Jan/Feb 2018

Hope that clarifies.

Thanks.

Joyce Loh

General Manager, Investment & IR

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MRCB Quill Management Sdn Bhd