I think unless the mgmt acquires some assets in the near term, this stock will perform worse than MAS. It's the worst perfoming stock in KLSE in terms of "BLUECHIP". Now no more blue, except CHEAP only!!

Nia seng! up half sen only... No common sense !!!

Hope it drops to 1.50 for pick-up...

Oh my God! Where is Ah Chong? Hello, where are you? Please enlighten us...

hopeless and useless stock....shitty pathetic dividends...

Another lowest in record... Heading to south paw 1.40 with pathetic dividends yield...

We refer to the announcements dated 13 June 2012, 1 August 2012, 12 October 2012, 15 October 2012 and 5 November 2012 in relation to the Proposed Acquisition.

On behalf of the Board, AmInvestment Bank is pleased to announce that the Proposed Acquisition has been completed on 29 November 2012.

This announcement is dated 29 November 2012.

EX-date 18/12/2012
Entitlement date 20/12/2012
Entitlement time 05:00:00 PM
Entitlement subject Interim Dividend
Entitlement description Single tier tax exempt fourth interim dividend of 1 sen per ordinary share of RM0.25 each
Period of interest payment to
Financial Year End 30/09/2012

nie seng! 1 sen of dividend only. Ok lah, enough for kopi o kau...

REIT is for long range objective. If need rapid money, can go to Top 20 active stocks. Easy come & easy go. High risk, high return. Up like staircases, down like lift..

Based on what Francis said in the recent interview, privatization is imminent.

we call it profit taking after surge for so long. It's time to retreat. One must come down when it went up for such a long time. Many stocks are overpriced, yet some are pretty attractive.

What lan eh! Thank God. Sold all yesterday at 85. Made decent gain. If sell today, surely makan pisang man!!

Based on what Francis said in the Star a few weeks ago, privatization is imminent. It could be a good news for all both YTL & YTLP.

On 1 November 2012, the Trust announced the completion of the acquisition of Kompleks Tun Sri Lanang (also known as Jaya 99).The acquisition will contribute an additional income of
approximately 0.13 sen per unit for the next five months till end of the financial year ending 31 March 2013. Consequently, the Trust’s AUM increased to RM1.27 billion with a total portfolio of
nine properties. Mr. Lim added, the Manager will continue to grow the Fund with the injection of quality assets that will deliver sustainable income to the Unitholders.”

Investment case. We reiterate our Outperform call on PavREIT, with an unchanged DDM-based fair value of RM1.60. We like PavREIT for: 1) its quality assets and prime location;
2) its strong organic growth potential; and
3) quality of its tenants. Premium valuations are justified by the higher EPU growth vis-à-vis its peers.

Well said. We are here to make a little money together...

rossiah I liked your comment: up to u... It applies to all.

Latest news! Institution buyers are shopping for JCY this month.

Excellent! Make some good $ today. Yahoooooooooooooooooo... Who say JCY is bad! Get real man!!

Steady and easy....good to note that.. Keep it up STAREIT !!

whether you "invest" in JCY, MAS, KNM, YTL, TMS, MAA...whatever you name it, the same principles must always apply.

Make your own judgement. Do NOT listen to the "experts" too much. When you dip your hands into the stock market, be prepared this mentally, you either eat shark fin or being fin sharp. Hence, you are responsible to your own decision. No blame game.

Niaseng..cannot eat shark fin already..but can eat the fin sharp..

Company Name YTL POWER INTERNATIONAL BHD
Stock Name YTLPOWR
Date Announced 3 Oct 2012
Category Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference No YP-121003-139CB

Particulars of substantial Securities Holder

Name EMPLOYEES PROVIDENT FUND BOARD
Address TINGKAT 19, BANGUNAN KWSP, JALAN RAJA LAUT, 50350 KUALA LUMPUR
NRIC/Passport No/Company No. EPF ACT 1991
Nationality/Country of incorporation MALAYSIA
Descriptions (Class & nominal value) ORDINARY SHARES OF RM0.50 EACH
Name & address of registered holder CITIGROUP NOMINEES (TEMPATAN) SDN BHD - EMPLOYEES PROVIDENT FD BD (PHEIM)
Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction Date of change
No of securities
Price Transacted (RM)
Acquired 28/09/2012
400,000


Circumstances by reason of which change has occurred Acquired
Nature of interest Direct
Direct (units) 684,990,466
Direct (%) 9.41
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change 684,990,466
Date of notice 01/10/2012

Remarks :
Form 29B was received on 3 October 2012

wan lan ah! the entire marathon run, up 1/2 sen... nie... seng!! It's a milestone for the past weeks.

I bought 78 sold 81.5

wah lan ah...luckily sold off all at high price & make some profits yesterday...nie seng...

slowly and steady uptrend as the dividend announcement is coming soon..mid October..

thank god bought some at 78... otherwise ko chai kee chia leow..

warren Buffet is coming to town..

Betol betol PK ayam leow....

Alamak.....Pagi-pagi lausaid lagi..... celaka betul...PK ayam!! This time must look for a village demon to cure the diarrhea...

Am ARA REIT Managers Sdn Bhd (“Am ARA”), the Manager of AmFIRST Real Estate Investment Trust (“AmFIRST REIT” or “the Trust”) is pleased to announce that for the first quarter ended 30 June 2012, AmFIRST REIT achieved a realised net income of RM9.8 million or 2.29 sen per unit. Gross revenue rose to RM26.6 million from M22.7
million whilst net property income grew from RM15.3 million to RM17.6 million as compared to the previous corresponding period.
Am ARA’s Chief Executive Officer, Mr Lim Yoon Peng said the improved results were attributed to the additional contribution from the new acquisitions of Prima 9 and Prima 10 which were completed on 30 November 2011.

On 7 August 2012, the Trust had announced that the rights issue and increase in fund size have been completed following the listing of 257,400,600 rights units on the Main Market of Bursa Malaysia Securities Berhad. The net rights proceeds of approximately RM209 million has been utilised to pare down the Trust’s existing bank borrowings thus lowered the gearing to 29.7%. Mr Lim said “As the first Malaysian REIT to undertake a rights issue, we are pleased with the result of oversubscription of 13.5%. It also demonstrates that well capitalised REITs will continue to be a defensive safe haven for investors looking at recurring and stable income distribution amid volatile market conditions. With the completion of the rights issue, the Trust will have a stronger balance sheet to grow the fund with accretive
acquisitions.”

On 17 August 2012, the Trust also announced the execution of a Sale and Purchase Agreement (“SPA”) between Maybank Trustees Berhad and Johan Kembara Sdn Bhd for the proposed acquisition of Kompleks Tun Sri Lanang (also known as Jaya 99)located at No. 99, Jalan Tun Sri Lanang, Melaka for a total cash consideration of RM 86 million. This is an 18-storey purpose-built leasehold commercial building newly completed in June 2011, comprising of twin towers (9-levels and 10-levels) sitting atop a seven-level podium block, consisting of 557 car park bays and a mezzanine floor. Jaya 99 is a modern designed high-rise building strategically located in the heart and soul of Melaka and boasts unprecedented accessibility to financial institutions, public
amenities and world class hotels. Complemented by its own modern amenities such as conference rooms, function halls, retail outlets, F & B outlets and ample car parking, Jaya 99 will be the pioneer in Melaka to offer a truly ‘Complete Business Center’ concept to cater for modern business demands.

Mr. Lim added, “There is a shortage of prime office space with modern designs in Melaka city. The office sub-sector in Melaka was traditionally served by shop-offices, but with the change of business environment resulting from population growth, increased
business opportunities and robust growth of the local economy, the demand for quality office space in Melaka city has improved significantly. Jaya 99 is anchored by Prudential Assurance Malaysia Berhad and Sudong Sdn Bhd (wholly owned by Singtel) which occupy 32% and 20% respectively of the net lettable areas. The other corporate tenants include PricewaterhouseCoopers, Ernst & Young and Suruhanjaya Perkhidmatan Awam. “It is yield accretive and will contribute an additional approximately 0.28 sen per unit per annum based on the enlarged unitholdings.

The acquisition is expected to complete by end of December 2012 and will boost AmFirst REIT’s Assets Under Management by 7.2% to RM 1.28 billion and gearing level will also increase from 29.7% to 34.4%.”

“Moving forward, we will continue to focus on expanding AmFIRST REIT’s investment portfolio via yield accretive and quality commercial properties in high growth areas throughout Malaysia and to implement asset enhancement initiatives to spur organic
growth in AmFIRST REIT. This complements well with our investment and diversification strategy to ensure the Trust continues to deliver stable returns and build a quality portfolio of assets for unitholders,” Mr Lim further added.

1.4146 as at June 30 2012 based on the latest quarterly report

Visit Note

Our recent meeting reinforced our positive view on PavREIT. While short-term drivers are the opening of the Fashion Avenue in 3Q12 and the major lease renewal next year, long-term growth will come from the transformation of the whole Bukit Bintang area.
The Fashion Avenue, covering 69k sqf, had its soft launch recently. About 90% of the tenants are expected to open by the 1st week of Sept. Rental for the precinct is about RM25 psf, double the rate that CK Tang previously paid.
Acquisitions of pipeline assets – Fahrenheit 88 and Pavilion Mall extension are still on track. We believe the upcoming Bukit Bintang MRT station as well as the proposed underground linkage will further improve shopper flow in future. Ongoing developments within the vicinity of Pavilion will provide a steady catchment of shoppers.
Fair value is kept at RM1.60. Maintain Outperform.
Source: RHB Research - 22 August 2012

Pavilion REIT; Buy; RM1.24
Target Price: RM1.45 (Prev RM1.20); PREIT MK

Upgrade to Buy with DCF-based TP of RM1.45 after incorporating imminent Pavilion extension injection. Construction of extension underway for 3Q15 completion, potential RM50m or 23% boost to NPI. New Fashion Street on track for launch in Sep, strong demand for bigger lot retail space.

Source: HwangDBS Research - 16 July 2012

Starhill Real Estate Investment Trust (Starhill REIT) has declared a final income distribution of 3.6247 sen per unit for the six-month period ended June 30 2012, amounting to RM48.0 million.
Combined with the interim dividend of 4.0112 sen per unit paid for the six months ended 31 December 2011, Starhill REIT’s total income distribution of the financial year ended 30 June 2012 stands at 7.6359 per unit, compared to 6.4855 sen per unit last year. This represents a yield of 7.2% per annum based on Starhill REIT’s 5-day volume weighted average unit price of RM1.06.

Francis Yeoh , CEO of Pintar Projek Sdn Bhd, which is the manager of Starhill REIT, said, “The completion this financial year of the rebranding exercise to transform the Trust into a pure-play hospitality REIT marks a turning point. Starhill REIT’s property portfolio has now been fully rationalised to focus on prime, yield-accretive hotel and hospitality-related assets. This has enabled us to achieve a 32% increase in the total income distribution from the Trust to RM101.1 million, compared to RM76.5 million last year, and a 17.7% increase in the distribution per unit”.
Under the rationalisation exercise, Starhill REIT acquired the Pangkor Laut, Tanjong Jara and Cameron Highlands resorts, the Vistana chain of hotels, The Ritz-Carlton, Kuala Lumpur, the remainder of The Residences at The Ritz-Carlton, Kuala Lumpur not already owned by the Trust, as well as the Hilton Niseko in Japan, the Trust’s first international acquisition.
Subsequently, in June 2012, Starhill REIT also entered into agreements to acquire the Sydney Harbour Marriott Hotel, Brisbane Marriott Hotel and Melbourne Marriott Hotel in Australia for a total purchase consideration of AUD415 million.
The book closure and payment dates for the final income distribution are 3 August 2012 and 28 August 2012, respectively.

Source: http://journaler0203.blogspot.com/2012/07/twinkletwinkle-little-stareit.html

The price 1.03 is quite cheap now to accumulate for future growth. Besides, it's below its NAV 1.44. It's a very good dividend yield of >7%.

The major shareholder bought another 2.596 million shares last 3 days again.

Information Compiled By KLSE

Particulars of Director

Name Lim Kian Onn
Address 2nd Floor, West Wing, Bangunan ECM Libra
8 Jalan Damansara Endah
Damansara Heights
50490 Kuala Lumpur
Descriptions(Class & nominal value) Ordinary share of RM1.00 each
Details of changes

Currency: Malaysian Ringgit (MYR)

Type of transaction
Date of change
No of securities
Price Transacted (RM)
Acquired
06/07/2012
1,296,000

Acquired
09/07/2012
1,110,000

Acquired
10/07/2012
190,000


Circumstances by reason of which change has occurred Direct interest - purchase from market
Nature of interest Direct interest
Consideration (if any)
Total no of securities after change

Direct (units) 83,934,410
Direct (%) 10.13
Indirect/deemed interest (units) 4,440,900
Indirect/deemed interest (%) 0.54
Date of notice 11/07/2012

A major shareholder of ECM just bought 5.49 million shares last 3 days. Again, common sense must be common practice.

There is a saying, "Common sense never common practise."

Like my remisier said, "Those who know nothing will sell. Those who know how to calculate are kept buying today."

It's a simple calculation. Then use your own judgement. After all, it's your own $$. Make your own decision. Full stop.

Like my remisier said, "Those who know nothing will sell. Those who know how to calculate are kept buying today."

Based on the above 1.27x book value @ RM1.23 (NAV @ Jan 31, 2012), our current selling value to K&N is RM1.5621. If we base on the last trading price 0.865, there is a profit margin of 0.6971. That's what I meant it' a great deal.

With such attractive package, the deal is just great. Yahoooooo.....

New target price RM16.70 by AmeSecurities

Yes, today is just extraordinary. Institutional investors are buying for DY as the next dividend is coming in Aug and estimate 3.7 - 3.9%. So, YTD DY is >7% double our FD rates.