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MirageHotelPD | Joined since 2015-01-01

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2015-12-01 20:11 | Report Abuse

Ivan9511, the yields of YTL REIT has been around 6.5-8% for past 6 years. Last net after tax given out was around 7.25 cents. If the price is 1.06, it translate into 6.83% yields. This year, the first quarter distribution stood the same, which means high change it will at least the same yields like last year.

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2015-11-27 10:21 | Report Abuse

MQreit is practising Half yearly dividend. Thats why no dividend yet

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2015-11-27 10:16 | Report Abuse

RM0.0192 DPU. withholding tax in Malaysia for individual is 10%. net distribution per unit is RM0.01728 for 1st Quarter

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2015-11-18 11:07 | Report Abuse

During the last Sunway Managers conference held in Sunway convention hall on 6th November. Tan Sri mentioned that very likely Suncon will secure up to 3.5b new projects involving MRT, LRT & BRT in coming year.

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2015-11-02 23:39 | Report Abuse

Currently is waiting for IRB to refund Overpaid tax which is exempted under IBA. Hope can strike lottery soon.

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2015-10-17 01:15 | Report Abuse

When Stareit sold Lot 10, Starhill shopping lots.. To Starhill global REIT in 2010. The proceed is used to buy 8 hotels in Malaysia and 1 in Japan. These 10 hotels (+ JW Marion)are least back for 15 years to the vendors at rate of around 8% base on NTA, the least are with conditions to increase rental 5% for every 5 years till least expires in 2026. Since the income from Japan is fixed, when Yen depreciate to 2.8 it affects the income for past 2 years. Now, Rm is depreciate instead. We should expecting better income on the way since both Yen and Aussie are high now. Good luck for those still keep the units.

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2015-08-19 23:01 | Report Abuse

Patient, soon you will know you luckily still hold on to Suncon. Keep it up

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2015-08-19 23:00 | Report Abuse

IVKLSE, I guess you didn't follow the restructuring of Stareit in 2011 and change name to YTL reit after that. YTL reit lease all the hotels in Malaysia & Japan with 15 years tenure and increase rental every 5 years. Every year, YTL Reit annual report mentioned that 'the income for YTL a REIT in Malayisa does not depends on economy outlooks. So, don't worry about tourism industrial in Malaysia until the lease expire in 2026.

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2015-08-19 22:53 | Report Abuse

The stock don't move maybe due to few reasons.
The market sentiment is bad, RM is depreciate fast forigners are pulling out of Malaysia. Main tenant of Sunway Tower is slowly withdraw due to bad oil price, by end of the year the occupancy may reduce to less than 30% if no replacement is found. But, with the opening of Sunway Putra Malls, and good retails. Should still expecting around the same return for this year, which is around 5.5%

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2015-08-19 10:08 | Report Abuse

looks like majority of you here are quite worry about dilution of DPU if the private placement RM800m is realize. What about, with the PP, the company can reduce the debt level to much before 50% and therefore can barrow more low interest fund to acquire more high return hotels, like Majestic Hotels ? Bare in mind, with recent valuation hike in Austarlia hotels, the company no longer in the hurry to raise PP due to the total % of debt already falls below 50%. While you all keep waiting for the price to further down. I'm happily collecting reit that can secure me 8% or even higher.

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2015-08-02 01:46 | Report Abuse

Only the strong last...market now is not for speculate but for invest. Grab it while is cheap!

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2015-08-01 18:35 | Report Abuse

Up to July, total 50% of Sunway Putra Mall had rental out. Another 20% will be opening soon by September. Fellow investors, your fruitful day yet to come

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2015-08-01 18:31 | Report Abuse

Timbermad, with so many scandals happens. Sentiment sure not good. Grab the opportunity to buy while price low

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2015-07-28 00:22 | Report Abuse

The Ex date for special dividend should be end of August and pay in September

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2015-04-23 12:01 | Report Abuse

Bal share is open to public and designated investors to apply. So, you can apply as many as you want. But, easier will be buying Sunway now, and ensure you 10% shares of what you buy

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2015-04-23 11:54 | Report Abuse

Current total book value for asset is about 3.6b, this including yet to re value and to rent out start May Putra Mall. Current book value of PM maybe around 1B. The rental receive now just base on contribution of other asset. assuming PM worth 1.5-2B, and fully rent out later, potential rental income can increase can be up to 60%!!! What will be the price? Off course, fully rent out still takes time and marketing efforts but the potential is there. I believe RM2 is near

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2015-04-23 11:48 | Report Abuse

1.1 per SCG is just a guide, with current strength of SCG, I believe valuation of PE 12.8 is rather low who involve public infrastructure like MRT. Who knows the final price may reach PE 17.5 which RM1.5. Then, we should be rewarded total of about RM0.45 (DS + cash). Seeing Rm4 is very soon ..

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2015-04-23 11:43 | Report Abuse

Late comers, this provide golden opportunity for you to gear in. Angie, in business. A company don't create fortune overnight. Only con man company's share will shoot up double in month. But who realise the next few months they are lower than original price! Don't you think steadily 10-15% earning per year is not bad, at least after 6 years, the share price is more than double and is stable. Malton is good for genuine investors who looks for long terms attractive return (at least for now). Contra speculators will likely end up cursing. RM1.56 still the mid terms target for now

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2015-04-12 09:11 | Report Abuse

Plyap, Earning is including unrealise losses like depreciation, currency losses. But dividend (distribution per unit)is base on cash flow in like rental. Under the Reit act, at least 90% of net cash in have to distribute out to unit holders. That's why the pay out is often higher than earning. However, property depreciation after re value will adjust their earning back to positive..

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2015-04-11 01:20 | Report Abuse

Putra Mall was on auction. Sunreit is the only submitted tender with extremely low price of less than RM500 m. For the past 1 year, the mall was under 500m renovation and upgrading. The mall shall expect to re open in coming May. By then, the current high price will become too cheap,...

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2015-04-11 01:14 | Report Abuse

Some must be wondering why Sunway acquired Winstar Trading & PND Hardware. Who are them? Have you hear-1) ' Product with 2000 thousand uses. ' 'mechanic in a can' 'there always another uses', and last year was awarded as Legend of Aerospace by NASA, the Multi Uses Product ' WD-40' which is household brand for more than 180 countries! And 2) the world's strongest adhesive Araldite Epoxy. Which is the only adhesive brand allow in aerospace, aero plane, Lamborghini, Lotus, Sydney opera and list go on. All will not be perfect without Araldite. Both products are market solely by Winstar in Malaysia and PND for Singapore. Winstar established 35 years ago, cover more than 60% general hardware shops and all hyper market in Malaysia and undoubted the biggest general hardware supplier in Malaysia. Sunway, the number 2 construction company in Malaysia with more than 3Billion contract in hand will be synergies and huge hardware cost saving after acquisition. Furthermore, winstar's pay up of 6.7m with accumulate profit of 123m show that this is high growth company to acquire. Yesterday, Tan Sri's company Sungei Way has just declared the company bought 2,5 m Sunway shares at 3.75 on 7/4/15. Sunway last traded at RM3.76. Still not too late to invest ...

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2015-02-28 11:29 | Report Abuse

The relationship between La and mother is simple. 1-1 conversion anytime. If Malton fall below RM1. Malton-La will be at least RM1 because every quarter there will be approximately RM0.15 interest but won't be far above RM1 cause every June there will be a progressive increase %of La issued which are force to redempt at RM1 cash. So, La will only move far above RM1 if Malton move higher than RM1. However, Current Malton NTA is RM1.57 and the projects in Jalil like Pavillion 2 already 1 floor up and tenants already starts queuing to book a place. So, mid term should be looking good.

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2015-02-26 16:19 | Report Abuse

Conversion for Malton-La is 1-1, by coming June, third batch of equivalent of 15% of original issued La will be force to redemption at Rm1 if not convert to Malton.

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2015-02-24 21:23 | Report Abuse

remember the golden rules, buy on fears..

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2015-02-24 19:42 | Report Abuse

Jolin, you are right. Perhaps is good news for Hubline to amputate the limbs that have cancel...whether is hand, or leg. This will save the company from losing further and may go bankrupt after that. Many not aware that this company has NTA of RM0.14. if they fire sell their ship at 50% discount. The company still get RM0.07 cash. This is 100% upside if on sales on 50%....!

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2015-02-24 19:36 | Report Abuse

Top management for MMC seldom or most of the time may not want to fly Low cost carriers. So, it won't affect them anyway. With current low fuel prices and poor reputation on MAS. AAX is going to benefit from it.

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2015-02-23 12:02 | Report Abuse

Some remiser also couldn't understand. My remiser asked me to sign a firm and pay RM20. I told him this is not right since redemption is FO but converting cost RM20. Then, only he admitted he make a mistake. So, probably this guy who convert also out of ignorant.

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2015-02-23 11:55 | Report Abuse

PP at RM1 while open market just around RM0.80+! Why investors still purchase PP instead of open market? This counter NTA worth Rm1.50+. A pretty healthy and positive growth company. At discount rate more than 40%, I'm sure those investors who subscribe PP will also purchase from open market. Just, how many people wiling to dispose at this discounted rate? The recent vol of trading prove that many are reluctant to let go this counter. So, imagine if the investors want to purchase 40 million shares or 400,000 lots from open market. Can they get below RM1? Or it should be more than RM1.5? On the other side, Rm1 representing 33% discount on the NTA. Frankly speaking, how many people want to sell their own healthy private company at 33% discount rate? Very likely these are 'Friendly Party' to the owner. What we should worry is not how much the share price now, but is whether the management is genuine and will not 'EATS' away our company like some others 'Big Crocodile' in Malaysia. If the management is genuine, then the share price eventually will reach what it should be. Happy investing. :)

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2015-02-23 11:11 | Report Abuse

Greenpower & fong7, check company announcement on 2/1/15, 20 million representing 4.68% of PP already listed. Balance 20m PP still pending confirmation

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2015-02-05 02:33 | Report Abuse

Warren buffet always buy on bad news or low, just like Bank of America (BAC) in 2011 at Usd 6 when everybody dump worried about BAC bankrupt. But now USD 15.94. Remember,there always opportunity when there is disaster... Oil price down, should AAZ benefit?

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2015-02-05 02:25 | Report Abuse

7-8% return on Cash coupler with Capital appreciation... Is bette than landed property!

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2015-02-05 02:18 | Report Abuse

Patient, patient.....

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2015-01-25 23:57 | Report Abuse

China company, major shareholders reg in Bermuda! Aihhhh!

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2015-01-25 23:53 | Report Abuse

Buying are very slowly, and limited to 10% only. I believe Simply is just too under value.

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2015-01-25 21:59 | Report Abuse

800m private placement is good news or bad for existing units holders? An average investor will likely use the fund raise to reduce liability so that the company financial position is more secure. But, YTL management level are not average investor but in facts outstanding fund manager. I believe the fund raise will be use to invest more income generating assets rather than pay off loan. Bare in mind, Majestic Hotel in KL and Melaka could be the next hotels to inject into the reit. In this really happens, the fund raise from the PP will have a return of 8%

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2015-01-25 14:12 | Report Abuse

RCE announced early redemption on RCE PA , 2012/2019 preference share. They have excess of cash, doesn't it means loan business slow down for RCE?

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2015-01-25 11:04 | Report Abuse

Angie, be patient...good fundamental company is usually slow and steadily moving up. Logically speaking, unless you buy company like Apple, WD-40, Tesla ... where they are uniquely control technology other can't offer. You won't see a company share price keep going up without reasons. Generally, valuation for property company are majority undervalue. Even a good growth company like Sunway just recently price close to their NTA. For Malton, compare to RM0.49 2 years ago, Rm 0.855 now is 75% up. Currently, the share price is 45% discount off their NTA. Maybe, should take it as good opportunity for us to invest/buy big discounted company. I'd think is better than buying over market value real estate. In no time, I beleive the price will be at least at their NTA. Furthermore, recent 1st Franche private placement of 20,000 shares price at RM1 shows that their price is really very very cheap, a real bargain...! Remember, offer may not last long....grabs it while it still available!

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2015-01-22 11:14 | Report Abuse

Just friendly advice. Think twice whether investment analyst oblige to let you know counter good or not! Their duty are just make sure their investors making profit.

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2015-01-02 15:26 | Report Abuse

When Malton can reach 1.5?! I'm afraid only God will know. My opinion, speculators will very likely end up losing at the end of any bull circle but the investors will likely survive. No ones will know when Malton will go up. But, base on the NTA Rm1.58 , the company is healthy and sharing profit by given out dividen. Eventually, the share price will close near its NTA value. Recently, some signals show it likely to go up like 1) given good dividen 2) Private placement of higher price 3) low volume during the lasting sell off and foresee good revenue from Bukit Jalil projects.

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2015-01-02 12:04 | Report Abuse

Private placement normally offer to friendly investors for certain reasons. That means the investors purchase the additional issue share at a price fix, base on average price a number of days. Normally with 10% discount but not lower than Par price (which is RM1 here). Since the price for Malton is below Par, therefore, the PP price is minimum RM1

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2015-01-02 01:32 | Report Abuse

YTL reit lease all hotels in Msia and Japan but operates own hotels in Australia. So, Yen depreciation is not good news. Occupation rate in Australia hotels and Australia currency exchange rate will determine the dividen yield.

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2015-01-02 00:39 | Report Abuse

Malton NTA at Rm1.5+, Bukit Jalil projects which main project committed by Pavilion expected to contribute more profits for 2015 onwards. Target RM1.5 will be soon..

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2015-01-02 00:33 | Report Abuse

EPF recently also actively bought in. With listing date for Sunway construction getting closer. I think is about time for Sunway price to move up

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2015-01-02 00:31 | Report Abuse

On 26/11, Sungei Way corp purchased 14 million at RM3.36 & another 1.5 million at RM3.25 on 2/12.

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2015-01-01 18:49 | Report Abuse

For individual Unitholders, Malaysia impose 10% withholding tax, which will deducted from unit pay out. What you receive will net after 10% tax. Therefore, no need to declare to Inland Revenue again.