I plan to buy reits as my first stock but couldn't choose between Axreit and Atrium reit... Any advice for me? If Axreit, then when is the good price to go in? Thank you very much.
Axis reit's X factor is it's a pure fund strategy like a unit trust. They only care about the asset. Other reit don't have this cos they are part of the dumping / exit strategy of their billionaire property developer parents (Sunway REIT - Sunway Group, Pavilion - Desmond Lim, IGB REIT - IGB Group, etc)
Add to that their crazy skill in capital allocation. You have an investment where u can tutup mata and just open when u pension. Hehe..
Investors like ourselves are different from Traders. Trust is vital for investors because we focus in the fundamentals. Once we sense there is a fundamental shift or smell a foul play, we will be out and little you can do to bring us back even with a giant size sales revenue. To us, we want to protect our capital first over making money.
≠===≠==≠======= I like thus quote, that is y i invest this counter. I trust Axis Reit management
Newbie2y, thanks for the good article! After reading, I have some questions. Does Axreit satisfy the requirement that 90%of it's total income is passed onto Investors? Axreit does pass on to investors close to 100%(98,99?)of it's profit, but is that >90%of total income? Then, the 10%withholding tax, will it be refunded to us? I have no recollection that I received such refund.
The price chart clearly shows that AXREIT has been trading in a sideways consolidation for the past 2 1/2 months between support at 1.90 and resistance 1.97. Since 19 Aug 2021 it had breached the resistance and now appears to be on an uptrend closing at 1.99 last Monday. I hope it will turn bullish in the coming weeks.
Yes, best defensive stock with dividend yield 4.xx% You can sleep well with this stock. Listing in Year 2005. If you invest at that time RM 1000, 16 years later, it becomes RM 5000 (including dividends)
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....
JiaWei Lam
3 posts
Posted by JiaWei Lam > 2021-05-10 10:05 | Report Abuse
when is the DRIP ?