but they will acquire more assets in every year, at least 3 buildings in a year, compare to other reits, this reit can consider growth stocks instead of dividend stocks, at the same time, their dividends also will increase because of increasing revenue
dont forget, their borrowing costs also will reducing or remain low, so consider is defensive stocks, just buy and prepare to average if drop, nothing to lose in long term
some experts can explain what axreit announcement are talking about? like need to issue extra shares at 1.88.....and dividend also like cannot get full in hand lol
another steady qr! @fachoi, we have several options, (a) if u wish to receive all 2.25sen in cash, u may, (b), alternatively, management is offering to use 1.1sen to reinvest @RM1.88 after, balance 1.15sen to be paid in cash, or (c) use 0.55sen only to reinvest, balance to be paid in cash. cheers!
@mdrizwan, their share registrar - Boardroom will send us the relevant forms to fill up and post back to them, if we choose to reinvest, if we choose to receive all in cash, we can then ignore it :)
@Peace99 Although the share price for reinvestment plan is cheaper, but it is difficult to sell in odd lot and it may cost you more. It is recommended to take cash
@mdrizwan, bcoz personally i dont do short term for reits, i cannot predict where it will go haha, but personally i will not sell below 2.0..in fact i just added some this morning..
Good comments here. Axisreit imho is one of the better mreits to hold and can hold for long term as an industrial reit. I am surprised recent QR affected quite badly making price reduced by much. Still don't fully understand as it should be a defensive sector - warehousing. As per calculation above, still fair return vs FD. And other reits, the ones i know also have lower returns. Likely will re-invest. Newbie, or anyone knows, the form, it will state how many we are qualified to buy based on the quantity we are holding but can we state how many we want to re-invest so it is not an odd lot?
@shazza, yes, in the form it will state how many units we are qualified to reinvest in, from there we will know whether we will get odd/normal lots. Cheers :)
oh, alternatively we can also calculate how many units we are entitled to reinvest based on the options (1.1sen or 0.55sen), eg. if we have 5000units now, assuming we choose 1.1sen option, units entitled = (5000x0.011)/RM1.88 = 29.25units, if we choose 0.55sen, (5000x0.0055)/RM1.88=14.62 units. Actually if we are into long term, odd lots don't matter much becos next quarter we will get more dividends as we have more units on hand (reinvest at 0 brokerage); but if we are in short term, ya, better choose cash.
@qwertyuiop1234 Thanks for the alert! Oh, yes, I will end up with odd lots! As illustrated by Newbie (thank you!), choice b) needs 17100 units to get 1lot. As the share price up, the discount is even more attractive though, so will just bear with odd lot now and wait for next round of dividend!
Hi guys, Newcomer question here on the dividend announcement: "of which 0.83 sen per unit is taxable and 1.42 sen per unit is non-taxable in the hands of the unitholders". Some of the resources i read before was claiming dividends in Malaysia are tax free. Does that not apply here for this announcement or is this a special case? If i take the full 2.25s without DRIP, does it need be filed during tax season next year?
Still learning the ropes and your input is highly appreciated. Thank you!
@peace99, yes, we can actually sell/buy odd lots from our platforms, u can right click the name and choose ''odd lot info'', or for some platforms u click on ''normal odd lot'', then select the stock name and see. Currently normal lot best buy is 1.99, but oddlot best buy is 1.86.
zen, from observation, suspect its due to shift of portfolios, institutions reducing reits exposures as they are less exciting growth than techs/recovery plays. A 1500-2000lots of buy queue will not be able to absorb the sells by institutions, not to mention buyers are not in hurry to buy into reits at the moment..so price was not able to rebound back quickly..just my opinion.
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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....
fachoi
130 posts
Posted by fachoi > 2020-12-18 09:07 | Report Abuse
i buy 2.09, too sad for me, but will average if below 2 haha