UOAreit dividend will continue to increase year after year and it is very stable. My company is a tenant in 1 of the building. We signed a 3+2 contract which 3 yrs end by June 2015. The landlord is allowed to increase 15% for the subsequent 2 yrs. Market price has increase 30% from the our origial rental. UOAreit is not afraid of no tenant as constantly tenants above our floor are asking what is our long term plan and do we intend to cut down on office size as they are interested to take up more space. Generally rental in klang valley increase 20-30%. If most of UOAreit tenancy contract end by this year, you can se a automatic increase in revenue by 15-20% in next year as new tenancy rate locked i.
Xiao Mi: I use a similar strategy. However, I only sold 1/3 of my accumulated units. Yes, in a way the profit much higher than the default dividend. The sum of my default dividend (2/3) and the profit generated from disposal of 1/3 gives me an overall much higher income.
Yuan long, u r welcome. I accumulate alot at 1.40+ as i looking at the dividend. Good economy o bad ecconomy, tenant nd to pay rent as they are bind by contract. Sometimes ppl will argue if rent go increase, company can move. Plenty of office nowsday. Normally it is not that straight forward. Company has put in alot capex and it normally depreciate 7-10 yrs. Better to pay the increase than relocate. Reinstament is another huge cost. So die die also wil stay especially during bad times. To minimize capex. That wat my manegement is doing.
Between today and ex-date 4 Feb, about 8 days left for trading. I trust UOAREIT can sustain up to 1.80. Hopefully more institutional investors, trusts organisation come in big way.
hi yuan long, hope it will reach the TP u state here. I'm taking some money off as I believed once div paid, it will drop below 1.60. I will accumulate on weakness.
Yes, Titus. I'm also disposing some REIT assets and accumulate afresh after dividend payment. Since UOAREIT pays income distribution 2 times per year, I have about 5 months to accumulate low again for dividend collection in second half of year.
Based on last 2 declared income distribution, nett of tax is 0.087075/1.72, Dividend yield is 5.0625%. STAR publication going to declared nett tax of 9 sen in feb. Total dividends 18 sen. Dividend yields 7.14% based on today price of 2.52.
Verbatin, does it not make sense to sell some UOA Reits for profit-taking after keeping for 8 years? Even if you cannot sell at 1.72 today, you still make hefty profits. Maybe you can mobilise some UOA Reits sales proceeds to acquire Amfirst. This twin-winning strategy enables you to reap profit from UOA Reits and acquire new Amfirst assets. Just a view.
arreait and pavreit is falling back. I believed uoareits will follow. this is my personal view only. Hope it can continue to fly and benefit those holding it. I think i will sell my last batch if it reach 1.80 :)
I sold 10,000 at 1.71 and 10,000 at 1.75 today. 5.9% yield may still be higher than FD and in my opinion, I dont think office reit deserve a premium to NAV unless you are a health reit.
Are their properties located in area where there are under supply such that they deserve a premium? Sorry I am from Singapre so that familiar with the property market in Msia.
Yuanlong57, been Holding UOA for many years and they don't make many acquisition. Not really sure of Amfirst is a better value now but at least Amfirst is trading at higher yield and a discount to NAV. But heard Amfirst properties are located in areas where there are oversupply. Does UOA reit face this?
Verbatin1969, earlier comments from a forum member, Titus, quoted for your reference.
'UOAreit dividend will continue to increase year after year and it is very stable. My company is a tenant in 1 of the building. We signed a 3+2 contract which 3 yrs end by June 2015. The landlord is allowed to increase 15% for the subsequent 2 yrs. Market price has increase 30% from the our origial rental. UOAreit is not afraid of no tenant as constantly tenants above our floor are asking what is our long term plan and do we intend to cut down on office size as they are interested to take up more space. Generally rental in klang valley increase 20-30%. If most of UOAreit tenancy contract end by this year, you can se a automatic increase in revenue by 15-20% in next year as new tenancy rate locked i.'
i have sold too. looking to buy back when it is at weakness. 6-7% dividend is better than FD and with a potential of price appreciation. Well, it ponly happen once a blue moon and if manage to capitalise on that will give a good return. Wishing everyone here to continue to make good and safe money.
Verbatin1969, Titus: I really feel very glad all of us to have the good fortune to earn some auspicious profits about 2 weeks before Chinese New Year. Don't have to wait payment date 27 Feb as sales proceeds handsomely exceed default income distribution.
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titus
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Posted by titus > 2015-01-23 09:36 | Report Abuse
UOAreit dividend will continue to increase year after year and it is very stable. My company is a tenant in 1 of the building. We signed a 3+2 contract which 3 yrs end by June 2015. The landlord is allowed to increase 15% for the subsequent 2 yrs. Market price has increase 30% from the our origial rental. UOAreit is not afraid of no tenant as constantly tenants above our floor are asking what is our long term plan and do we intend to cut down on office size as they are interested to take up more space. Generally rental in klang valley increase 20-30%. If most of UOAreit tenancy contract end by this year, you can se a automatic increase in revenue by 15-20% in next year as new tenancy rate locked i.