Posted by UncleFollower > 2020-12-18 19:57 | Report Abuse

Penangites? How is Gurney Plaza doing? KL big malls doing well already. Except of coz for Sg Wang and tropi city mall...

Posted by UncleFollower > 2020-12-18 20:02 | Report Abuse

CMMT is pretty good value now. Consider this...

Take Gurney and ECM at full value - and they should trade at NAV if these are the only malls

You would then derive that the share price today is writing down the other 3 malls NAV by almost 70%. To illustrate eg this means writing down Mines last valuation 715M to 215M or below replacement cost lol

Posted by UncleFollower > 2020-12-18 20:03 | Report Abuse

CMMT isnt the cheapest stock. The challenges are real

But for what it's worth it's liquid, sizeable and backed by a strong sponsor

This is probably why EPF and the large buyers are adding at this stage. Other REITs as cheap do not offer comparable liqudity/ sponsor strength

Posted by tws13282 > 2020-12-22 19:08 | Report Abuse

@unclefollower which is cheaper than CMMT?
Yes Gurney plaza business is good. Parking occupancy around 80% on weekends and 65-70 percent on weekdays

Posted by tws13282 > 2020-12-22 19:14 | Report Abuse

They have opened a new foodcourt and is full almost every night. I dont see any unrented space so far.

Posted by UncleFollower > 2020-12-23 15:00 | Report Abuse

@tws13282 Hektar was cheaper by NAV discount/ historical yield

Twrreit is definitely cheaper but it is always cheap and terribly illiquid

There are some other M-REITs but much like twrreit we really wouldnt want to dabble... '

Beyond reits an obvious value play is Star but with its own problems

Posted by UncleFollower > 2020-12-23 15:01 | Report Abuse

Great to hear Gurney is doing well. Doesnt look like the recent movements is anything other than a sizeable shareholder trying to liquidate

Posted by tws13282 > 2020-12-23 22:58 | Report Abuse

Gurney business will sure be good and will appriciate over years. Just imagine that people ququeing for grab for non stop during peak seasons

Posted by eddy888 > 2020-12-25 20:44 | Report Abuse

Shopping mall will be recovered once vaccine delivered. Seems like syndicate pushing down the price

Posted by kinuxian > 2020-12-26 10:50 | Report Abuse

Ur points are solid but there are better options out there among MReit for recovery play. Mall biz is challenging and covid lockdown just speed up the transition to online biz in long run. Ppl spending on mall are gradually reduced as more ppl tends to purchase higher value goods over online, etc phone, laptops etc; cheaper n more confident over online shopping are among reasons. Foods, entertainment, likely continue excel in mall. Grocery n appearance probably affected. Easier method to gauge probably see how ur family n friends shifting their purchase behaviour from mall/shop to online

Posted by tws13282 > 2020-12-26 21:45 | Report Abuse

went to gurney on christmas eve. Waited for 15 min just to enter the car park. Guess and see the crowd

Posted by BuffetOnWeed > 2020-12-30 13:41 | Report Abuse

https://www.tradingview.com/chart/CMMT/SiLuQJkG-Oversold/

Posted by Above60percent > 2020-12-30 20:22 | Report Abuse

Bought some, intend to keep for 1 year, unless target achieved earlier.

Posted by BuffetOnWeed > 2020-12-30 21:49 | Report Abuse

This is a good recovery stock. Their profit margins always solid.

Posted by BuffetOnWeed > 2020-12-31 09:21 | Report Abuse

No one is worried. That's the fun part. Only one worried is kwsp keep selling. They probably need cashflow

Posted by shortinvestor77 > 2020-12-31 11:28 | Report Abuse

Window dressing today?

Posted by J2529 > 2020-12-31 11:28 | Report Abuse

asia share finish 2020 record high. malaysia byebye

Posted by alex > 2020-12-31 15:17 | Report Abuse

today's closing very interesting.. be ready.. lets see got magic like 2017 or not.. eh.. hmm..

Posted by BuffetOnWeed > 2021-01-04 10:27 | Report Abuse

EPF will buy back because they need the dividend. I can almost guarantee it. I smell the waters already

Posted by BuffetOnWeed > 2021-01-04 10:27 | Report Abuse

Gurney plaza full af like covid dosent even exist

Posted by BuffetOnWeed > 2021-01-06 23:57 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/01/06/epf-approves-25m-out-of-388m-applications-for-i-sinar

Posted by CUTLOST > 2021-01-10 00:56 | Report Abuse

Eon much better to hold

Posted by Maridien2 > 2021-01-11 10:52 | Report Abuse

3Damansara and Sg Wang dead. Mines will start to rot when Pavilion Bukit Jalil opens.

Posted by Sneakpeek > 2021-01-13 02:48 | Report Abuse

Everyday sliding to new low... 55c coming

Posted by fortunefire > 2021-01-13 22:15 | Report Abuse

only 2 things that attract me about this reit - gurney plaza and capitaland.

Posted by traintobullland > 2021-01-15 13:30 | Report Abuse

Gurney is always crowded even during weekdays. When mco is lifted, will sure rebound to pre-covid RM1.

Posted by 99newbie > 2021-01-15 13:43 | Report Abuse

Yes, lower price can buy and hold

Posted by BuffetOnWeed > 2021-01-15 16:14 | Report Abuse

It's going to rebound already. Dividend soon

Posted by BuffetOnWeed > 2021-01-15 16:14 | Report Abuse

EPF will fomo in

Posted by traintobullland > 2021-01-15 16:33 | Report Abuse

Will the dividend be higher than last 1sen? Since July to Dec mostly RMCO.. Hope can get at least 2sen

Posted by fortunefire > 2021-01-15 17:01 | Report Abuse

How's the progress of jumpa mall? still under reno?

Posted by ivanlau > 2021-01-15 20:32 | Report Abuse

getting worse.... really getting worse..... the capital mall business drop drop a lot .... foresee it will drop till 55 cents.

Posted by fortunefire > 2021-01-15 20:39 | Report Abuse

55cent? that's 50% drops from the pre-covid price!

Posted by traintobullland > 2021-01-16 00:49 | Report Abuse

55 cent then I topup

Posted by BuffetOnWeed > 2021-01-17 15:19 | Report Abuse

If 55c, all in. Lol. Capita land numbers are always solid. Even if revenue affected abit, their profit margin for a REIT is very very very good.

Posted by WhereToInvest > 2021-01-22 18:10 | Report Abuse

One of the good reits in old time.

Posted by ivanlau > 2021-01-22 19:48 | Report Abuse

today closing 0.62, by next week it will drop to 56 cents due to poor QR .

Posted by Maridien2 > 2021-01-22 20:51 | Report Abuse

Useless shit company

Posted by tws13282 > 2021-01-22 21:15 | Report Abuse

Please read the QR carefully before you comment. The loss is due to the revaluation of malls in Klang Valley.

Posted by tws13282 > 2021-01-22 21:16 | Report Abuse

It is on its pace in recovery. Income just decrease 20% from last year

Posted by traintobullland > 2021-01-22 21:34 | Report Abuse

Yes, QR clearly states that the management is doing its best to mitigate, e.g. opening of food hall in gurney plaza

Posted by traintobullland > 2021-01-22 21:35 | Report Abuse

Unavoidable for all REITs to report lower earnings, can't compare to pre-covid

Posted by traintobullland > 2021-01-26 01:13 | Report Abuse

https://www.theedgemarkets.com/article/cgscimb-worst-over-cmmt-share-price-risks-remain

Worst is over

Posted by fortunefire > 2021-01-27 08:39 | Report Abuse

Anyone is interested in the proposed of NEW ISSUE OF SECURITIES?

Posted by traintobullland > 2021-01-27 09:18 | Report Abuse

does it mean we'll be getting odd lots?

Posted by fortunefire > 2021-01-27 16:10 | Report Abuse

sounds like it

Posted by ykloh > 2021-01-27 19:32 | Report Abuse

Selling odd lots is simple now tro the odd lot board now.

Posted by traintobullland > 2021-01-28 01:29 | Report Abuse

I read from the last DRP, unitholders need to pay RM10 stamp duty

Posted by fortunefire > 2021-01-29 15:21 | Report Abuse

strong support at 0.60

Posted by traintobullland > 2021-01-30 10:38 | Report Abuse

cmmt actually does not fluctuate that much compared to other reit hmm