AXIS REITS

KLSE (MYR): AXREIT (5106)

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Last Price

1.86

Today's Change

0.00 (0.00%)

Day's Change

1.85 - 1.86

Trading Volume

22,300


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579 comment(s). Last comment by Brutus 1 month ago

Pinky

2,771 posts

Posted by Pinky > 2022-07-20 23:04 | Report Abuse

Axis truly the bluest of blue chip REIT

Nepo

2,760 posts

Posted by Nepo > 2022-10-08 06:40 | Report Abuse

Now i know why Epf is continuing selling stocks in the market because of lacking of fund

Posted by DividendGuy67 > 2022-10-09 14:39 | Report Abuse

Whilst AXREIT is HLInvest top pick (and it's a well managed REIT), bear in mind 3 risks: 1. Its gearing ratio is rising rapidly, due to large acquisitions this year - whilst necessary to grow future revenue, it comes with higher risks. 2. With so many properties at 100% occupancy, future growth is limited, and more downside risks than upside risk. 3. With current price at 1.86 being higher than NAV of 1.55, this is +20% premium to Net Asset Value to reflect future growth prospects. If the future disappoints then, price falls. AXREIT is 2% of my portfolio, but I don't think I want to add to it yet until price falls near its NAV but unlikely to happen unless there is some crisis/huge disappointment.

Pinky

2,771 posts

Posted by Pinky > 2022-10-10 08:14 | Report Abuse

1. You don't invest in a REIT looking at its NAV - what you want from your investment is dividend income, coming from its rental income. You don't invest in REIT with anticipation for it to realise its property investment by selling them off.

2. High/100% occupancy = little room for growth? So, what you want? A REIT with low occupancy across its properties? You made me laugh.

Posted by fortunefire > 2022-10-17 15:24 | Report Abuse

REIT will fall for sure with the rise of interest in the US.

Posted by DividendGuy67 > 2022-10-19 21:17 | Report Abuse

Pinky, no need to be defensive ... welcome others to point out the Risks, because without Risks, there is no reward.

1. To me, you don't invest in REIT completely ignoring its NAV too. I too look at Definitely Dividend income as higher priority.
2. I don't see how you will get more than 100% occupancy. Sometimes, depending on price, yes, less than 100% occupancy. It's all about future price gains and future drivers to price growth.
I'm happy to hear you have a good laugh!

Brutus

254 posts

Posted by Brutus > 2022-10-20 08:02 | Report Abuse

Another solid QR from AXREIT! Wonderful! Patiently waiting for its income distribution to come on end Nov.

Damien0111

137 posts

Posted by Damien0111 > 2022-11-15 15:25 | Report Abuse

Axis Real Estate Investment Trust (Axis-REIT) proposes to undertake a placement of its shares to raise an estimated RM178mil for the repayment of bank financing.

In a filing with Bursa Malaysia, the company said the proposed placement entailed the issuance of up to 100,000,000 placement units, representing up to 6.09% of 1.64 billion units issued as at Nov 3, 2022.

Damien0111

137 posts

Posted by Damien0111 > 2022-11-15 15:25 | Report Abuse

As at Sept 30, it said the financing ratio of Axis-REIT stood at 35.77%, and the proposed placement would involve the issuance of new units, which would increase the number of units in circulation and improve the trading liquidity of the shares.

Looking forward, the company said it would continuously review Axis-REIT’s property portfolio, leveraging on its industry insights to re-assess and re-evaluate the portfolio to ensure it remains well-positioned to meet the future needs of tenants and the broader market.

Brutus

254 posts

Posted by Brutus > 2022-11-15 17:40 | Report Abuse

With today's price, managed to add more to my portfolio @ 1.80.

Pinky

2,771 posts

Posted by Pinky > 2022-11-15 17:51 | Report Abuse

I also added

Brutus

254 posts

Posted by Brutus > 2022-11-15 17:58 | Report Abuse

@Pinky, best thing is today at the odd lots I also added to make my DRP shares to the nearest 100 and the seller only asked for RM 1.81 only.

Pinky

2,771 posts

Posted by Pinky > 2022-11-15 18:20 | Report Abuse

U cannot go wrong with buying this big daddy of industrial REITs

Brutus

254 posts

Posted by Brutus > 2022-11-15 19:25 | Report Abuse

@Pinky, could not agree with you more! One of the better managed REIT in BURSA and their income distribution is like clock work!

Yiang1959

21 posts

Posted by Yiang1959 > 2022-11-30 19:56 | Report Abuse

Huat lah,RM 1.90

Posted by cooledhawk123654 > 2022-11-30 22:00 | Report Abuse

why suddenly up in last minute ??

Posted by steventim777 > 2022-12-02 11:55 | Report Abuse

why suddenly down in the last day of the week??

Posted by StreetAnalyst > 2022-12-02 16:25 | Report Abuse

My previous posts for AXREIT was removed due to unknown reason. I guess some group of ppl here are attacking my account...

Brutus

254 posts

Posted by Brutus > 2022-12-15 20:18 | Report Abuse

Awesome, another Income Distribution just in time for CNY! Thank you AXIS REIT Management for the ang pow!

Nepo

2,760 posts

Posted by Nepo > 2022-12-19 16:18 | Report Abuse

Private placement RM 1.75, not fair

Brutus

254 posts

Posted by Brutus > 2022-12-19 20:47 | Report Abuse

@Nepo, last round of IDRP was offered to unitholders @ 1.760, not too far off from EPF's private placement @ 1.750.

Posted by PassionateInvestor > 2 months ago | Report Abuse

Sometimes I wonder what the management is doing. Last year's private placement was 1.78, now fast forward one year it's 1.75. If even the management thinks that the fair value ought to be lower this year than last year, what do they expect from investors....

b3uni9

3 posts

Posted by b3uni9 > 2 months ago | Report Abuse

how much is the dividend this time? i am confusing...

b3uni9

3 posts

Posted by b3uni9 > 2 months ago | Report Abuse

Of the 2.09 sen distribution, 1.75 sen is taxable and 0.34 sen non-taxable, according to the group's bourse filing.
May i know we get in the end?

Pinky

2,771 posts

Posted by Pinky > 2 months ago | Report Abuse

(1.75 sen x 90% + 0.34 sen) x no. of units you have

b3uni9

3 posts

Posted by b3uni9 > 2 months ago | Report Abuse

why x 90%? let's say I have 100000 units?

Pinky

2,771 posts

Posted by Pinky > 2 months ago | Report Abuse

10% Withholding Tax on MREIT

Go Google and read it up

Pinky

2,771 posts

Posted by Pinky > 2 months ago | Report Abuse

100,000 x (1.75 sen x 90% + 0.34 sen)

speakup

20,323 posts

Posted by speakup > 2 months ago | Report Abuse

Axis REIT is good. it was the 1st REIT speakup invested in, but sold already long time ago
Now speakup prefer Alaqar & Sunreit

trade74

56 posts

Posted by trade74 > 2 months ago | Report Abuse

@speakup good choice for alaqar and sunreit...

trade74

56 posts

Posted by trade74 > 2 months ago | Report Abuse

KWAP buying...dont sell low

trade74

56 posts

Posted by trade74 > 2 months ago | Report Abuse

Another strong quarter coming up!!!

trade74

56 posts

Posted by trade74 > 2 months ago | Report Abuse

Potential assets acquisition by axreit... PP... epf liquidating the education riet.... any thoughts?

Brutus

254 posts

Posted by Brutus > 2 months ago | Report Abuse

Hoping to get IDRP as well.

trade74

56 posts

Posted by trade74 > 2 months ago | Report Abuse

@Brutus yes... hopefully it will be this time around...

trade74

56 posts

Posted by trade74 > 2 months ago | Report Abuse

jeng jeng jeng...QR today!!!

Brutus

254 posts

Posted by Brutus > 2 months ago | Report Abuse

Nice QR. Hopefully FY23Q1 will have IDRP similar to FY22.

pang72

46,463 posts

Posted by pang72 > 2 months ago | Report Abuse

No idrp but dividend 0.24c, ada salah kah?

Final Income Distribution of 0.24 sen per unit which is wholly subject to tax in respect of the period from 23 December 2022 to 31 December 2022 ("2022 Final Income Distribution").

Pinky

2,771 posts

Posted by Pinky > 2 months ago | Report Abuse

Disappointing?

Pinky

2,771 posts

Posted by Pinky > 2 months ago | Report Abuse

@pang72 15 Dec already announced RM0.0209, payment date is tomorrow

pang72

46,463 posts

Posted by pang72 > 2 months ago | Report Abuse

Pinky,
Dec dividend is OK.
How about the recent announce dividend 0.24c, anything wrong? I thought is 2.4c?

Final Income Distribution of 0.24 sen per unit which is wholly subject to tax in respect of the period from 23 December 2022 to 31 December 2022 ("2022 Final Income Distribution").


Kindly be advised of the following :



1) The above Company's securities will be traded and quoted "Ex - Income” as from: 08 Feb 2023
2) The last date of lodgment : 09 Feb 2023
3) Date Payable : 28 Feb 2023

speakup

20,323 posts

Posted by speakup > 2 months ago | Report Abuse

best mall reit: igbreit
best office reit: ouareit
best industrial reit: axreit
best hospital reit: alaqar
best diversified reit: sunreit

buy only the best, forget the rest!

pang72

46,463 posts

Posted by pang72 > 2 months ago | Report Abuse

Speak up gives the best advise! I agreed

paperplane

21,473 posts

Posted by paperplane > 1 month ago | Report Abuse

best hospital reit=sunreit with sunway medical, 1 enough beat all, hehe

speakup

20,323 posts

Posted by speakup > 1 month ago | Report Abuse

fyi sunreit will be disposing of sunway medical to sunway berhad

Brutus

254 posts

Posted by Brutus > 1 month ago | Report Abuse

Just noticed the below:
EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 706,500 shares on 26-Jan-2023.
On 26-Jan-2023, the total day's volume for AXREIT was only 897,300. Meaning non EPF account, the free market volume was only 190,800 shares.

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