with increase of elecricity, it will impact reits overall profit and also price of good will be increasing also and this cause more window shopping and not to mention the coming gst. I will focus on reits that is offering offices. Becuase the electricity in the office is absorb by tenants. Unlike shopping mall.
Revaluation of the MID valley & The Garden after a year, the value increase by RM115m. It is a good return indeed. Buy more at lower price and keep for long term..
It's a good time to collect more and keep. Looking at how the mall is doing and the tenant mix there, this mall will still be one of the top malls in Klang Valley in the foreseeable future.
I don't think IGBREIT is overpriced. all REIT now are somewhat stagnant and prices are low-average. As the foreign investors are all drawing out away from Malaysia funds, due to Malaysia economy plan, spending and political instability has been a negative feedback to the country. However, it's also due to the improving market in US and Europe, so some funds are targeting into foreign markets.
I personally holds a few REIT and I think it's good potential to hold and not sell now. I bought at 1.18 - 1.21
Income Distribution of 3.61 sen per unit @ 3.52 sen per unit taxable and 0.09 sen per unit non-taxable, for the financial period from 1 July 2013 to 31 December 2013.
as my analysis report shows, the next dividend for IGB reit will be on August 2014.
thats why hardly people will invest it now and sell off.
if you have holding power, and taking an estimate of 0.361 (same dividend payment as at recent dividend payout) and with the current price of RM 1.13, your dividend return will be 3.19%.
and yearly you will have an estimate of 6.39% return as their dividend are paid bi annual basis, again, you have the holding power.
I personally accumulated at 1.13 :), keep high dividend shares (REIT) better than in bank FD or repayment for housing loan which is at (4.2%). :)
Recently public bank has introducing a so call super FD saving plan which only give us average annual interest of 4.30 %; REIT is a safe and better option
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....
Fong Kh
1,836 posts
Posted by Fong Kh > 2013-11-22 14:29 | Report Abuse
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