One need to understand that REIT distributes dividend doesn't mean price won't drop. Just same as you buy property. Those who bought after 2014, condos, who are making money? So, what sectors and locations are important too. You won't wanna buy badly managed shopping malls or offices. Btw, everyone knows offices oversupplied. I suggest diversified into Sunway REITs, AXIS REIT, IGB REIT and of course YTLREIT. If you agree with what Jack Ma said, future generations will spend more time travel and hotels will be in high demand. Of course, well managed and quality hotel. I am reluctant to say this but JW Marriott KL is actually underpriced for it's quality and location. I am reluctant cos i like to stay there for my wife's shopping. When hotel rates go up, YTLREIT can get better rental rate. All other countries hotel rate has gone up at least 20%, Singapore 50%. Now, RM400 can only get you 3 star hotel (lousy one) in SG.
Let us do the maths again. Current half yearly div is 4.38 cts. Coming half yearly should be more. So no yearly div as it is is 8.76 cts. At a price of say RM 1. It gives an annual div of 8.76%. Nett after tax is 7.89 % which is very very good.
The Niseko land bank is under YTL Corp. Only Hilton Niseko Village has been injected from YTL Corp into YTL REIT so far, the other 5 hotels/resorts are still under YTL Corp to be injected into YTL REIT when each asset matures.
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....
speakup
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Posted by speakup > 2023-08-04 17:30 | Report Abuse
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