sometimes, i feel so terrol and master at trading and investing like Ray Dalio cos I read a lot but then when the macro wind change, i cry and forget i am terrol
this game is a game of emotions
counters like axis (boring, steady, slow but certain due to great focus, execution) are what we need to build long term value creation.
This stock is still vastly undervalued at this stock price now...revenue and net profit also been growing over past last 5 years. stable and decent growth business this is.
This is the best stock if you want to train your child about long-term investment and let them to begin with stock investment. To choose this stock because its price not fluctuate much with about 4% dividend. The best part is this stock is a growth stock with a trustable mgt team
can any one explain what this mean?i am new to this
Additional Listing
Recurrent and Optional Income Distribution Reinvestment Plan ("IDRP") that allows Unitholders of Axis Real Estate Investment Trust ("Axis-REIT") to reinvest their income distribution in new units in Axis-REIT
@Nepo thanks for the link. Great to see that Axis is on top. Having said that, it would be good to see the comparison within the same period but I guess we'll never know - Axis IPO is 5, 6 and 7 years earlier than Sunway, Pavilion and IGB respectively which will give the former additional dividends.
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.
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.
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!
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.
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.
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....
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 2904 views | 2 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Brutus
303 posts
Posted by Brutus > 2022-01-26 23:19 | Report Abuse
@i3kyan, Yes indeed, this round can get the full amount since there is no with holding tax this time.