those who enter at this price has big chances of getting at least 3% from dividends or share price appreciation in the next distribution announcement supposedly in Nov.
Reasons for lower DPU. (i) Gross revenue for the six-month financial period ended 30 September 2014 declined by 3% or RM1.9 million over that of the corresponding financial period to RM54.4 million.The decline was mainly due to lower occupancy rate at The Summit Retail from 92% to 73% impacted by the on-going refurbishment exercise and relocation of tenants.The refurbishment and rebranding of The Summit Retail is expected to be completed by mid of 2015. (ii) Property expenses increased by RM1.2million or 7% over that of the corresponding period arising from the hikes in electricity tariff and annual assessment for properties located in Kuala Lumpur City Centre effective from 1 January 2014.
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....
kkng0819kk
1,566 posts
Posted by kkng0819kk > 2014-07-02 17:38 | Report Abuse
Sabar.. . Tunggu dengan penuh harapan.