AXIS REITS

KLSE (MYR): AXREIT (5106)

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Last Price

1.89

Today's Change

+0.02 (1.07%)

Day's Change

1.88 - 1.89

Trading Volume

133,100


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613 comment(s). Last comment by Brutus 14 hours ago

shazza

251 posts

Posted by shazza > 2021-02-23 09:33 | Report Abuse

1.85 now what should shareholders do redeem full dividend buy from open market? The price should recover but for immediate action for shareholders for the next few days let's say.

Kensington

154 posts

Posted by Kensington > 2021-02-23 09:39 | Report Abuse

@newbie2y, on 23 May 2018 a final dividend of 32sen/share with DRP @RM10/share from the electable portion of 14sen was called off. Yes, a full cash payment was made instead.

However, on the 18 Sep 2018 an interim dividend of 25sen/share was announced for the subsequent quarter with DRP @RM8.80/share being reinstated with electable portion of 10sen.

fortunefire

1,359 posts

Posted by fortunefire > 2021-02-23 09:43 | Report Abuse

After exersicing the drp the price will drop further. Let's wait. I'm getting ready to sapu after drp.

newbie2y

575 posts

Posted by newbie2y > 2021-02-23 09:58 | Report Abuse

kensington, thanks for the info! at least thats fair la, they re-do the DRP in next qr :)

i3kyan

49 posts

Posted by i3kyan > 2021-02-23 10:20 | Report Abuse

the share price now is lower than DRP's price. who wanna get DRP then?? how it works? i'm newbie.

newbie2y

575 posts

Posted by newbie2y > 2021-02-23 10:32 | Report Abuse

i3kyan, good question, there are a few things u can consider -
a) the dividend payment date is 11-March, will the price be higher than 1.88 or lower than 1.88 by then?
b) how many units u are entitled with this drp, and how many u plan to buy on 11-Mar if u skip the DRP? what is the difference in terms of the costs? what is the impact to our average costs?
c) do u plan to go for short term or long term?

for me, as I am long with it, i dont mind if the drp price is higher than market price, and my units entitled are not big enough to make much difference compare to i buy myself in the market by then, considering the drp is without costs (except for the stamp). But if you are short term, then yes, u shud consider take full cash.

shazza

251 posts

Posted by shazza > 2021-02-23 10:40 | Report Abuse

I am too new to this too, and my agent is not very responsive. There is this stamp duty rm10 and i have only 99 units entitled coz i have about 17000 units so that's like very little to be entitled to. Doesn't seem to be worth it to take up the offer and pay stamp duty that i need to get a cheque or what ya? It is not postage stamp. Buy in the open market at below RM1.86 and get the whole dividend is better in my situation? Can please give advice so i can understand the best decision for me. I am a long term investor.

newbie2y

575 posts

Posted by newbie2y > 2021-02-23 10:59 | Report Abuse

shazza, for ur case, u have few options-
1. fork out own money to buy today, say at price 1.86, 100units, cost will be about RM10 +/-, so dividend u can take full cash.
2. go for drp, pay stamp duty RM10 + postage stamp RM1.50, 99units priced at 1.88.
3. ignore, do nothing and take the full cash.

question u can ask urself-
i) option 1 - do u need to buy more than 100units? so it is more worth the commision/stamp duties paid? what will this do to your final avg costs?
ii) option 2 - what will be the final avg costs? will result in oddlots, u plan to sell all soon?

shazza

251 posts

Posted by shazza > 2021-02-23 13:11 | Report Abuse

Thanks newbie2y for breaking it down much more clearly.
Will go for option 3 do nothing since i qualify for so little. And get a bigger quantity in the open market at lower than 1.88 if it is possible. If matched, well and good, if not, it is fine too.

Jason Tan

28 posts

Posted by Jason Tan > 2021-02-23 13:12 | Report Abuse

newbie2y thanks makes sense. Ini semua i-sinar punya pasal... anyway i am holding.. i see much upside on this for future. Earnings Yield is bearable. and so is Dividend Yield.

newbie2y

575 posts

Posted by newbie2y > 2021-02-23 15:25 | Report Abuse

shazza, haha no problem, important thing is u und and do whats best for your own portfolio :) cheers!

jason, ya, if not mistaken, the no-condition acc1 withdrawal is never done before even during 2008 financial crisis..

fachoi

130 posts

Posted by fachoi > 2021-02-23 19:29 | Report Abuse

axreit company got problem or not?why drop like shit

fortunefire

1,359 posts

Posted by fortunefire > 2021-02-23 21:28 | Report Abuse

axreit has the same fate as glove stocks, rise during pandemic, down when vaccine arrives...

Pinky

3,213 posts

Posted by Pinky > 2021-02-24 09:47 | Report Abuse

Axis yield not attractive la

fortunefire

1,359 posts

Posted by fortunefire > 2021-02-24 10:14 | Report Abuse

DRP no longer works. Think the management decides to let the market correct its price. 1.80 is approaching....

Nepo

3,287 posts

Posted by Nepo > 2021-02-24 10:17 | Report Abuse

EPF disposed Axreit to get fund to pay 2020 dividend.
Take this opportunity to add on before March 2020..

Nepo

3,287 posts

Posted by Nepo > 2021-02-24 10:18 | Report Abuse

If can buy at @RM1.7x (DPS>5%) and keep for 3 months, then probable that the price will reverse to go up..

Pinky

3,213 posts

Posted by Pinky > 2021-02-24 11:11 | Report Abuse

Yes Nepo

I will buy when drop below 1.80

kens88

698 posts

Posted by kens88 > 2021-02-24 11:58 | Report Abuse

Why say it down when vaccine arrives? What is the connection? Tenants move out when vaccine arrives?

fortunefire

1,359 posts

Posted by fortunefire > 2021-02-24 12:01 | Report Abuse

maybe ppl see other counters perform better, so they move their money there? even some other reits have moved up. think only axreit on down trend....

Nepo

3,287 posts

Posted by Nepo > 2021-02-24 16:04 | Report Abuse

buy this stock more or less like put the money into the saving account
risk small with little capital appreciation.
Good to conservative savers.

Nepo

3,287 posts

Posted by Nepo > 2021-02-25 05:43 | Report Abuse

One of the good and safe share in Year 2021

1). Low interest cost. Borrowing cost low. High dividend per share will attract many conservative savers
2). Economy will be recovered. Rent occupancy will be high
3).low share price as EPF and others are dumping to get cash to pay dividends

fortunefire

1,359 posts

Posted by fortunefire > 2021-02-25 09:57 | Report Abuse

lining up for 1.78

Posted by GreatDreamer > 2021-02-28 22:06 | Report Abuse

Lately drop may be due to 10 year MGS sharp rise in yield and reach 3.05% last friday. Which is In tandem with US market.

Yiang1959

23 posts

Posted by Yiang1959 > 2021-03-08 09:52 | Report Abuse

ini kalilah,fly now

Nepo

3,287 posts

Posted by Nepo > 2021-03-09 09:50 | Report Abuse

Still waiting for 1.78
Time wait for no man
The ship starts to depart the port..

Nepo

3,287 posts

Posted by Nepo > 2021-03-09 13:36 | Report Abuse

One of the best stock I recommend to buy.
Stable with 4.50% dividend yield at current price RM 1.88

Nepo

3,287 posts

Posted by Nepo > 2021-03-10 10:58 | Report Abuse

Still not buy @ RM 1.90..?
Later don't tell me u miss the boat..

Yiang1959

23 posts

Posted by Yiang1959 > 2021-03-11 16:01 | Report Abuse

The boat come back again, waiting for someone ?

Nepo

3,287 posts

Posted by Nepo > 2021-03-11 20:05 | Report Abuse

Oops..the boat waiting for unit holders who took up the Income Redistribution Reinvestment Plan @RM1.88 per share to dispose first before depart.

yingzhe17

878 posts

Posted by yingzhe17 > 2021-03-15 18:44 | Report Abuse

Bailout bailout of a buddy warehouse.
Not a good deal 75 mil

Nepo

3,287 posts

Posted by Nepo > 2021-03-16 09:55 | Report Abuse

After unloading the unstable passengers, the boat continues its journey and ride the storm and turbulence ahead..Good luck!

yingzhe17

878 posts

Posted by yingzhe17 > 2021-03-18 08:35 | Report Abuse

Bye bye

Nepo

3,287 posts

Posted by Nepo > 2021-03-20 07:10 | Report Abuse

You will regret if you don't have this share below RM 2. From the recent two purchases you will notice that the co is expanding
Now many Reits co can do expanding. You see IGB Reit and Pavillion Reit..etc you will know what I am talking about..they really don't do expansion

No expanding means no growth

paperplane

21,540 posts

Posted by paperplane > 2021-03-20 23:03 | Report Abuse

After lenglui ceo takeover, it grows faster.... I think im slowly falling in LOVE with tht lenglui

paperplane

21,540 posts

Posted by paperplane > 2021-03-20 23:04 | Report Abuse

Igbreit actually expanding with johor mall. They waiting it to stabilise with rental first before injection. But i precfer the axreit now actually, it shows its strong performance in even mco time. Tested and proven,

Posted by RaksasaKambing > 2021-03-28 17:54 | Report Abuse

The bargain period from 1.80-1.85 is well over by now I'd say.

Dragon88

153 posts

Posted by Dragon88 > 2021-04-01 21:38 | Report Abuse

buy and collect dividend every quarter. better than keep your money in the bank

Yiang1959

23 posts

Posted by Yiang1959 > 2021-04-07 11:02 | Report Abuse

RM 1.92 now, what happened?

Nepo

3,287 posts

Posted by Nepo > 2021-04-07 18:15 | Report Abuse

Just collect on dip, no worry
A tactic uses by operator to wash out the weak holders

Yiang1959

23 posts

Posted by Yiang1959 > 2021-04-07 21:54 | Report Abuse

Thanks,Nepo

Dakewlest

1,747 posts

Posted by Dakewlest > 2021-04-15 16:51 | Report Abuse

Just bought at RM1.90. Hoping for great QR next week.

Yiang1959

23 posts

Posted by Yiang1959 > 2021-04-16 12:24 | Report Abuse

q at 1.89

Hemsley

341 posts

Posted by Hemsley > 2021-04-21 13:41 | Report Abuse

When will be the QR date?

Posted by newkidonblock > 2021-04-21 17:01 | Report Abuse

i thought supposed to be today

newbie2y

575 posts

Posted by newbie2y > 2021-04-21 17:54 | Report Abuse

slightly lower distribution than prev qr, but acceptable to me..

collie

205 posts

Posted by collie > 2021-04-28 12:11 | Report Abuse

about to breakout from triangle

Posted by goldenamour > 2021-05-09 00:11 | Report Abuse

actually why didnt AXreit drop after exdate?

goodjoe

486 posts

Posted by goodjoe > 2021-05-09 09:30 | Report Abuse

this reit solid

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