Posted by hellbender > 2018-01-25 11:36 | Report Abuse

i c

Posted by Hermit > 2018-01-25 23:47 | Report Abuse

As quoted from HLB Research

"We believe IGB REIT is shielded from current challenging
retail environment in Klang Valley due to prime location and
high traffic enjoyed by both MVM and TGM. Moreover,
prudent management and healthy balance sheet further
enhances the attractiveness of the stock."

FY17 DPU of 9.28 sen (FY16: 8.71 sen) was declared,
representing a payout ratio of 95%.

Highlights:

1) YoY/ QoQ: Normalized net profit of RM77.1m increased
(QoQ: +4.1%; YoY: +9.7%) on the back of positive rental
reversion rate but was partially offset by higher property
operating expenses.

2) FY17: Normalized net profit increased by 5.9% mainly due
to positive rental reversion but was partially offset by higher
property operating expenses.

3)Occupancy rate: Overall occupancy rate remained healthy
being close to 100% while YoY NPI margin slightly declined
to 71% (from 73%).

4) Inorganic growth: MidValley Southkey Megamall (MSM) is
expected to start operating in August CY18 and the potential
injection of this asset into IGB REIT will increase total NLA
by 60%. However, injection of MSM will only happen at the
earliest in CY21 after the one tenancy cycle (3 years) to
allow stabilization in rental and occupancy rates.

5) Outlook: We expect both MVM and TGM to continue
register positive tenant sales growth and rental reversion
rate given its high quality assets at prime location with
strong footfalls

Posted by sleang > 2018-01-27 12:57 | Report Abuse

better QoQ, better YoY results, higher DPU, but lower share price? Doesn't make sense..

Posted by moonlove99 > 2018-01-29 17:06 | Report Abuse

additional listing 5,369,884...good or bad ?

Posted by RocketRider > 2018-01-29 17:32 | Report Abuse

Why suddenly so much additional listing? Noobs question

Posted by Tipster > 2018-01-30 06:17 | Report Abuse

Additional listing bad, lower distribution per share due to enlarged share base. Why additional listing? Check Bursa website, could be due to ESOS or REIT manager receiving distributions in shares etc.

Posted by RocketRider > 2018-01-30 09:36 | Report Abuse

The Securities Commission Malaysia had in its letter dated 18 July 2012 approved a limit of up to 150,000,000 new units of IGB REIT ("Manager Units") to be issued to IGB REIT Management Sdn Bhd ("Manager") as payment of Manager Fee. Bursa Malaysia Securities Berhad had in its letter dated 3 August 2012 approved the listing and quotation of the Manager Units.

thanks Tipster

Posted by Hermit > 2018-02-06 09:35 | Report Abuse

After dividend paid, price start from 1.55

Guess it would take after CNY to rebound

Posted by hellbender > 2018-02-12 16:09 | Report Abuse

Hermit so price drop is because of dividend payout? price will rebound again until next dividend payout?

Posted by moonlove99 > 2018-02-19 14:57 | Report Abuse

Dividend 4.9cents price drop ..sunreit dividend 2.x cents price up ..Sunreit is better

Posted by Ah_Ling > 2018-03-03 23:07 | Report Abuse

Look like EPF and Director buy in since Feb ~ Hopefully got good news in coming AGM~~ ^^

Posted by RocketRider > 2018-03-05 22:35 | Report Abuse

Hi, newbies question. If the income distribution for 1000 shares of RM0.049, how much tax to be charged?

Posted by Hermit > 2018-03-06 15:22 | Report Abuse

Hi hellbender,

Yup, price drop is because of dividend payout. That's the same for all stocks.

Well YOY comparison, IGB Reit is suppose to be rebound either this week or next week... Purely based on personal opinion & historical data. Hahaha!

Posted by normanyap > 2018-03-07 21:34 | Report Abuse

Things you should know before investing in IGBREIT.

http://www.stocksinsights.com/igb-reits-performance-against-peers/

Posted by Ryan98 > 2018-03-08 14:25 | Report Abuse

normanyap So whr can I get the figure of rental yield? Coz normally we can find dividend yield easily.

Posted by normanyap > 2018-03-08 16:47 | Report Abuse

Hi Ryan. You can use the "Investment Properties" in Balance Sheet and "Net Property Income" in Income Statement.
Rental Yield = Net property income / Investment properties

Hope this helps you in your investing journey.

Posted by nobbody > 2018-03-16 15:27 | Report Abuse

EPF keep on buying.... good news ?

Posted by dunspace > 2018-03-17 09:06 | Report Abuse

if you look at the amount of development surrounding MV area, MAYBE it make great sense to increase exposure to this reit.

Posted by momotrader > 2018-03-20 16:26 | Report Abuse

yes must invest in this reit.
but after the rate hikes =)
invest wisely.
cash is now king.

Posted by moonlove99 > 2018-03-20 16:59 | Report Abuse

gone case reit

Posted by RocketRider > 2018-03-20 20:34 | Report Abuse

What happened to most REITs today? All dropped...

Posted by Coldman > 2018-03-21 00:11 | Report Abuse

can it be down to 1.40 soon?

Posted by vegebird2020 > 2018-03-21 00:24 | Report Abuse

Probably

Posted by RainT > 2018-03-25 11:55 | Report Abuse

Really gila .....Igbreit share price drop to 1 year low and DY up to almost 6% now

Have the drop stop ? Will drop more ?.....all other Reits counter also drop non stop ....why due to BLR rate ? Due to over supply of properties?

Posted by vegebird2020 > 2018-03-26 00:30 | Report Abuse

Both issues

Posted by dunspace > 2018-03-26 08:18 | Report Abuse

Why would oversupply of properties affect IGBREIT though?

Posted by gsi723 > 2018-03-27 05:45 | Report Abuse

KLCCP with Petronas backing as main tenants also drop ma... those trader play sell REIT now

Posted by gankc2011 > 2018-04-11 15:56 | Report Abuse

IGBREIT is a good REIT led by competent manager.

Posted by Slash_13 > 2018-04-11 16:09 | Report Abuse

when is the AGM?

Posted by Brotherkuan > 2018-04-11 17:04 | Report Abuse

This coming 23th Apr18

Posted by Slash_13 > 2018-04-11 18:50 | Report Abuse

why didn't receive any notice? I didn't found any announcement

Posted by Slash_13 > 2018-04-11 18:54 | Report Abuse

found that...too many announcement ody

Posted by RocketRider > 2018-04-17 16:20 | Report Abuse

What happen? Suddenly drop so much

Posted by gankc2011 > 2018-04-17 23:16 | Report Abuse

Don't worry! IGBREIT is a good REIT. Net property income was good. Located at a very strategic location and good traffic foot. Southern Mid Valley in JB will added into the REIT probably in 2019 or 2020.

Posted by Yee Shiang > 2018-04-22 21:50 | Report Abuse

it is quite cheap now. dividend yield about 5.5%
https://salasinvestment.blogspot.my/2018/04/igb-reit.html

Posted by RocketRider > 2018-04-23 18:23 | Report Abuse

Hmm... IGBREIT plans to have div 4x a year now?

Posted by pputeh > 2018-04-23 21:25 | Report Abuse

Q on Q, EPS dropped

Posted by Yee Shiang > 2018-04-25 00:21 | Report Abuse

@rocketrider yes. you can check the 1st quarter result.
https://salasinvestment.blogspot.my/2018/04/igb-reit-2018.html

Posted by James Ng > 2018-04-25 12:56 | Report Abuse

https://klse.i3investor.com/blogs/general/154969.jsp
[转贴] [IGB REAL ESTATE INVESTMENT TRUST，消费者信心指数升至82.6] - James的股票投资James Share Investing

Posted by dunspace > 2018-05-05 09:22 | Report Abuse

Any idea what's the benefit of quarterly dividend?

Posted by Kensington > 2018-05-05 10:03 | Report Abuse

I have tried to explain to BOD of another company ("Harrisons")about the benefit of half-yearly dividend (although not as detailed given here), i.e. the retired shareholders can rely on a consistent passive income throughout the year - this is especially so if payout dates are close to festivals which are many in our country. Furthermore, if you intend to dispose some of your shareholding you would have at least received the last/latest quarterly dividend.

Posted by ocpd > 2018-05-24 13:16 | Report Abuse

I wonder how much GST abolishment will increase igbreit coffer.

Posted by dunspace > 2018-05-25 13:29 | Report Abuse

what's the co-relation?

Posted by sleang > 2018-05-25 21:35 | Report Abuse

I'd think that it is because consumer sentiment is boosted by the drop of GST, as IGBReit's assets are the 2 malls, going to 3, increased consumer spending == more visits to malls?

Posted by JT James > 2018-05-27 23:43 | Report Abuse

sleang, which is IGB 3rd mall?

Posted by LimKT > 2018-05-28 11:03 | Report Abuse

like not stable one

Posted by LimKT > 2018-05-28 11:03 | Report Abuse

dont know can de ma wor

Posted by LimKT > 2018-05-28 11:04 | Report Abuse

anyone suggest?

Posted by Patrick Ling > 2018-05-28 14:24 | Report Abuse

Third mall will be Southkey Megamall in Johore but have to wait for another 2 years to be injected into the reit.

Posted by draffluent > 2018-05-30 16:49 | Report Abuse

During market uncertainties it somehow make sense to park your capital to good REIT like IGB.
GST 0% will somehow trigger more consumer spending & more shoppers frequenting big malls like Midvalley,S.Pyramid,One U,Pavillion...