AXIS REITS

KLSE (MYR): AXREIT (5106)

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Last Price

1.81

Today's Change

-0.03 (1.63%)

Day's Change

1.81 - 1.84

Trading Volume

606,500


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617 comment(s). Last comment by GreatDreamer 3 weeks ago

Posted by JiaWei Lam > 2021-05-10 10:05 | Report Abuse

when is the DRIP ?

newbie2y

580 posts

Posted by newbie2y > 2021-05-10 20:10 | Report Abuse

Jiawei, the drip just happened few mths ago..u can check from the Disclosures -> Entitlement section..

RainT

8,448 posts

Posted by RainT > 2021-05-11 15:43 | Report Abuse

Drop more this one can buy

Booyeah

365 posts

Posted by Booyeah > 2021-06-07 18:32 |

Post removed.Why?

Posted by Haibarakun > 2021-06-15 17:54 | Report Abuse

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.

Posted by mokluhanj21 > 2021-06-16 09:58 | Report Abuse

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..

Yiang1959

23 posts

Posted by Yiang1959 > 2021-06-16 17:45 | Report Abuse

why suddenly dropped 7 cents in the late afternoon

Nepo

3,368 posts

Posted by Nepo > 2021-06-17 17:45 | Report Abuse

My favourite counter. Has been monitor this share for about 20 years since it listing.

1)what price to buy in?
Below RM 2 is a good price to buy in.
If u want better price RM 1.90 & below is a very good bargain price.

2).Why did yesterday down RM 0.07?
Because investor is scared by the released by Covid 19 National Recovery Plan

Yiang1959

23 posts

Posted by Yiang1959 > 2021-06-18 21:11 | Report Abuse

Thanks,Neo

Yiang1959

23 posts

Posted by Yiang1959 > 2021-06-18 21:12 | Report Abuse

Nepo

Petronas

815 posts

Posted by Petronas > 2021-06-18 21:24 |

Post removed.Why?

Dakewlest

1,754 posts

Posted by Dakewlest > 2021-06-22 23:05 | Report Abuse

Drop again? Drop more and i will buy more.

Nepo

3,368 posts

Posted by Nepo > 2021-06-26 13:50 | Report Abuse

The most stable stock is my portfolio is AXIS REIT. I can totally sleep well with this stock. Worry free stock.

Nepo

3,368 posts

Posted by Nepo > 2021-06-27 08:13 | Report Abuse

Quote:

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

Peace99

2,263 posts

Posted by Peace99 > 2021-07-08 21:34 | Report Abuse

This is one of few green in my portfolio today! It's stable against political & medical instabilities!! Still can sleep well today, haha

Peace99

2,263 posts

Posted by Peace99 > 2021-07-12 14:54 | Report Abuse

Just did a casual check back to 17 Jun: EPF buy only, never sell.

Peace99

2,263 posts

Posted by Peace99 > 2021-07-14 23:52 | Report Abuse

QR out on 21 July

Khai Zam

420 posts

Posted by Khai Zam > 2021-07-21 11:51 | Report Abuse

EPF keeps buying, signalling something good incoming qtr?

Peace99

2,263 posts

Posted by Peace99 > 2021-07-21 17:25 | Report Abuse

Dividend 2.4sen, higher than last quarter!

Dakewlest

1,754 posts

Posted by Dakewlest > 2021-07-21 18:32 | Report Abuse

Guys, do we get full 2.4 sen for the dividend? 1.89 sen taxable and 0.51 non-taxable.

Brutus

303 posts

Posted by Brutus > 2021-07-21 18:38 | Report Abuse

Thank you for the generous distribution AXREIT!

@Dakewlest- Nett we will get is 2.211 sen per unit.

newbie2y

580 posts

Posted by newbie2y > 2021-07-21 18:39 | Report Abuse

dakewlest, nope, (90%*1.89sen) + (0.51) = 2.211 sen..
provision of doubtful debts by Yongnam engineering in johor...ouch...

Dakewlest

1,754 posts

Posted by Dakewlest > 2021-07-21 20:00 | Report Abuse

Thank you for the answer.

Peace99

2,263 posts

Posted by Peace99 > 2021-07-22 06:59 | Report Abuse

newbie2y, thanks for showing how to calculate. Is the 90% the standard rate and applies to all reits?

Peace99

2,263 posts

Posted by Peace99 > 2021-07-22 07:04 | Report Abuse

Think reasonable to expect going back to RM 2+?

newbie2y

580 posts

Posted by newbie2y > 2021-07-22 08:17 | Report Abuse

peace99, yes, there is a Witholding Tax of 10% for us for the portion of taxable income. found this article about reits, quite informative :)
https://www.propertyguru.com.my/property-guides/reits-malaysia-everything-you-need-to-know-30925

Peace99

2,263 posts

Posted by Peace99 > 2021-07-22 10:27 | Report Abuse

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.

newbie2y

580 posts

Posted by newbie2y > 2021-07-22 11:41 | Report Abuse

peace99, yes it satisfied. according to the 2020 annual report page 27, axreit paid out over 99%. Link below. And I dont think the 10% tax will be refunded as govt has given incentive to the reit manager to bypass the RPGT and stamp duty (refer to the article above)..
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3133473

Peace99

2,263 posts

Posted by Peace99 > 2021-07-22 12:26 | Report Abuse

newbie2y, thanks. I think you're right. Even with the tax, still a good stable return of about 4.5%!

Posted by alphaedgeinvesting > 2021-07-22 16:17 |

Post removed.Why?

Peace99

2,263 posts

Posted by Peace99 > 2021-07-22 22:02 | Report Abuse

Thanks, and below from nanyang. Expecting even better results in second half of the year!
https://www.enanyang.my/node/418475

Peace99

2,263 posts

Posted by Peace99 > 2021-07-23 10:30 | Report Abuse

Looks like will be back to 2 next week, great!

newbie2y

580 posts

Posted by newbie2y > 2021-07-23 10:46 | Report Abuse

thanks for the sharings guys, cheers!

Peace99

2,263 posts

Posted by Peace99 > 2021-07-27 11:01 | Report Abuse

Glad to see up trend today..... interesting to see if it reaches 2 by this week!

Khai Zam

420 posts

Posted by Khai Zam > 2021-08-05 15:41 | Report Abuse

hi, looking more upside?no heavy flush after ex-date

Peace99

2,263 posts

Posted by Peace99 > 2021-08-24 22:00 | Report Abuse

Slowly but steadily inching towards 2 :)

Kensington

157 posts

Posted by Kensington > 2021-08-31 18:39 | Report Abuse

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.

Posted by kpowersohai > 2021-09-14 20:31 | Report Abuse

invested in this stock today, best defensive stock

Nepo

3,368 posts

Posted by Nepo > 2021-09-14 20:59 | Report Abuse

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)

i3kyan

50 posts

Posted by i3kyan > 2021-09-15 12:15 | Report Abuse

any bad news? sudden drop 4cents?

newbie2y

580 posts

Posted by newbie2y > 2021-09-15 20:14 | Report Abuse

@i3kyan, haven't seen any related news, but shud be fund mgrs swapping stocks. Afternoon came back to close at 1.92. no worries :)

Posted by kpowersohai > 2021-09-17 15:12 | Report Abuse

sell down again....prepare bullet time to collect cheap...

Nepo

3,368 posts

Posted by Nepo > 2021-09-23 18:12 | Report Abuse

Luckily i topped up at RM1.89 few days ago.

Another good thing is that Epf continues to top up with no disposal as at 20 Sept 21.

Nepo

3,368 posts

Posted by Nepo > 2021-10-15 17:05 | Report Abuse

This stk i m quite familiar, if price drop to RM 1.89, you die die buy in, i never loss in using this tactic.

Brutus

303 posts

Posted by Brutus > 2021-10-15 17:41 | Report Abuse

@Nepo, me too. I picked up more at 1.88. Noticed it always lowest near its QR announcement.

Nepo

3,368 posts

Posted by Nepo > 2021-10-15 18:22 | Report Abuse

Well share @Brutus

Brutus

303 posts

Posted by Brutus > 2021-10-15 20:04 | Report Abuse

@Nepo, best defensive stock in my portfolio. Dividend yield also attractive. Will just buy and hold forever!

Brutus

303 posts

Posted by Brutus > 2021-10-21 18:26 | Report Abuse

Thank you AXREIT Management for the dividends! Another good and solid QR. Looking forward to next QR!

newbie2y

580 posts

Posted by newbie2y > 2021-10-21 19:57 | Report Abuse

yes nice! 2.45sen distribution :)

i3kyan

50 posts

Posted by i3kyan > 2021-10-25 10:45 | Report Abuse

steady REIT.. just the share price when can back to previous 2.+

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