IGB REAL ESTATE INV TRUST

KLSE (MYR): IGBREIT (5227)

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Last Price

1.97

Today's Change

0.00 (0.00%)

Day's Change

1.95 - 1.98

Trading Volume

2,516,900


10 people like this.

1,762 comment(s). Last comment by jeffchan1901 3 weeks ago

Kl Vin

1,547 posts

Posted by Kl Vin > 2012-10-30 14:46 | Report Abuse

1.25 impossible ! coz insider have 400 million all matched at RM1.25 !! collect below RM1.30 consider bonus !

willyy

200 posts

Posted by willyy > 2012-10-30 14:55 | Report Abuse

Then I wait at 1.26...haha

Kl Vin

1,547 posts

Posted by Kl Vin > 2012-10-30 15:11 | Report Abuse

Buy on the REIT counter that you dont care the price going up or down...keep for long term ... confirm make money...
REIT is like invest as a RENTAL... COLLECT DIVIDEND ...
IF want vol. huge..go for active counter...

KowChye

181 posts

Posted by KowChye > 2012-10-31 09:46 | Report Abuse

"Outside/Private Placement" show between RM 1.25 - 1.27.

Posted by PaulinaYong > 2012-10-31 12:46 | Report Abuse

Remember when IHH go SOUTH at RM3.01??
What people said when they saw the price drop that badly??
Now the stock hit RM3.30...
Please be calm down..
Rule of thumbs up in Bursa is BUY ON BLUE CHIPS(LARGE CAPS) company...
Because,
The other day you will see the GOLDEN APPLE bunch outside your house..

Posted by PaulinaYong > 2012-11-01 16:38 | Report Abuse

Dear investor,
There is TWO MAJOR REITs which is,

EQUITY REITs which their own real estate.They can be further categorized into areas of specialization like hotels,RETAIL or office buildings,apartments,residential and car park.REITs that invest in several types of property categories,such as IGB REIT(which owns a HOTEL and SHOPPING CENTERS(Mid Valley)) are known as diversified REITs..

MORTGAGE REITs invest in mortgages and do not own physical property.These REITs are said to be EXTREMELY sensitive to interest rate fluctuation.NOT AVAILABLE locally as yet.

Posted by PaulinaYong > 2012-11-01 16:42 | Report Abuse

Dear investor,
A REITs will pay investors more if it can increase its PROPERTY RENTAL INCOME overtime or if the management acquire MORE YIELD ATTRACTIVE PROPERTIES.With this in mind ,investors SHOULD LOO at the potential for the REITs to grow in both aspects.

Posted by Wong Yi Shen > 2012-11-01 16:45 | Report Abuse

Hmm, i thought IGBreit only holds Midvalley megamall and Garden Mall in its portfolio...and suppose to be a retail reit..

Are you sure PaulinaYong? correct me if i'm wrong..

Posted by isseymiyake > 2012-11-01 17:33 | Report Abuse

Igb reit only own 2 retail mall in their portfolio which is midvalley and garden mall... However in near term they likely going to add in midvalley phase 3 and south key mall, that what they plan...

Posted by PaulinaYong > 2012-11-01 17:41 | Report Abuse

Besides than Mid Valley Megamall and CITITEL, other IGB CORP assets that can be ADDED into IGBREIT portfolio is PLAZA PERMATA, MICASA HOTEL and MENARA Tan & Tan.

andyteng

457 posts

Posted by andyteng > 2012-11-01 17:42 | Report Abuse

how come this stock keep dropping.it's time to stop. buy at 1.39 :-(

Posted by PaulinaYong > 2012-11-01 17:49 | Report Abuse

Dear andyteng
if you were bought at RM1.39 than you have to AVERAGING DOWN you stock price let say you bought 1000share at RM1.39 you can average down to RM1.35 if you bought 1000shares at RM1.31..

Average price at RM1.35=1000(RM1.39)+1000(RM1.31 if you can buy at this price)/2000shares

Posted by PaulinaYong > 2012-11-01 17:50 | Report Abuse

The most critical thing before INVESTING is DOING YOUR OWN RESEARCH..

yazid7655

601 posts

Posted by yazid7655 > 2012-11-03 12:09 | Report Abuse

Hurm....

Bryan Lee

27 posts

Posted by Bryan Lee > 2012-11-04 11:42 | Report Abuse

Will this stock hit 1.80 in 1 or 2 years time? Like what happened to CMMT, SUNREIT and PAVREIT?

josh

311 posts

Posted by josh > 2012-11-04 13:08 | Report Abuse

I also have positive view in this stock.

hangjebat

430 posts

Posted by hangjebat > 2012-11-05 08:46 | Report Abuse

sure it will.... Jan 2013, at least the price will be more than RM1.50

Posted by Wong Yi Shen > 2012-11-05 08:59 | Report Abuse

Bryan:If DPS increases then most likely it will..
Not as soon as Pavreit, it debuted with a lower IPO price to NAV and higher DPS, price trended higher because of that..IGBreit will take a longer period probably after revising their rental rates or taking in more sound property acquisitions later..

Posted by PaulinaYong > 2012-11-05 12:56 | Report Abuse

Dear Investors,
Mid Valley Megamall perhaps will achieve 99.5% occupied rate at end of this year.

Posted by PaulinaYong > 2012-11-05 13:00 | Report Abuse

http://www.igbreit.com/

yazid7655

601 posts

Posted by yazid7655 > 2012-11-05 16:51 | Report Abuse

1.80 maybe..but please be patient

Bryan Lee

27 posts

Posted by Bryan Lee > 2012-11-05 18:37 | Report Abuse

Good to hear these! :D

josh

311 posts

Posted by josh > 2012-11-06 15:58 | Report Abuse

thanks for sharing. Maybank Investment research also have positive view in IGBreit.

josh

311 posts

Posted by josh > 2012-11-10 14:40 | Report Abuse

KUALA LUMPUR: IGB Corp Bhd has entered into two conditional shareholders agreements with Selia Pantai Sdn Bhd for the establishment of two joint ventures through equity participation of a 70:30 basis each in Southkey Megamall Sdn Bhd and Dimensi Magnitud Sdn Bhd.

In a statement to Bursa Malaysia yesterday, it said that the JV was to acquire and develop the three vacant parcels of leasehold land situated in Plentong, Johor into a retail mall and/or mixed development as may be approved by the authorities.

- Business Times

Posted by PaulinaYong > 2012-11-14 17:30 | Report Abuse

Mid Valley Triump Card

With the defensive local market amidst the slowdown in worldwide economic growth, more investors are seeking to protect their investments by investing in safer high-yielding dividend stocks.

Hence, real estate investment trust (REITs) stocks, which typically distribute all their earnings back to shareholders from their rental properties, translating to decent dividends yields , are now being sought after.

Analysts say that if market volatility prolongs, the trends of more investors seeking refuge in high-yielding and resilient names in risk-off environment is likely to continue and Malaysian REITS (M-REITS) are likely segment that will attract
continuing interest.

One such M-REITS being touted to offer value to investors is IGB REIT, given it sizes, resilient earning profile and ample market liquidity.Investors also like its ability to deliver good earnings and its proven acquisition track record.

With total retail assets value of RM4.6BILLION, IGB REIT has the most exposure to the resilient RETAIL INDUSTRY in Malaysia through an INITIAL PORTFOLIO made up of two assets, MID VALLEY MEGAMMALL and The Gardens Mall.

Future growth in its assets value will be helped by its LOW ASSET LEVERAGE of 26% and the right of first refusal (ROFR) for the retail properties owned by its sponsor IGB Corp.Bhd.

IGB REITs sponsor is IGB Corp Bhd which is it major parent UNIT HOLDER with a 51% STAKE. Having a sponsor which is also MAJOR SHAREHOLDER tends to align the major unit holder interest with the REITs minority unit holders and take the REIT to greater heights. In this regard, IGB Corp is listed on Bursa itself and also ONE OF MALAYSIA's LARGEST OWNERS and MANAGERS of INVESTMENT PROPERTIES with diversified interest worldwide.

Posted by PaulinaYong > 2012-11-14 17:37 | Report Abuse

MID VALLEY-PORTFOLIO

Opened in 1999, it is now home to 454 retail tenants, including anchor tenants AEON(Department store), Metrojaya(Department store), Carrefour(Hypermarket(Will change into AEON later)), Golden Screen Cinema,Kamdar, Toy's R'Us, and Oasis Foodcourt.

Mid Valley is five level retail mall with one mezzanine floor, two levels of basement car park and four level of eleveted car park. With a net lettable area(NLA) of 1.7million square feet as at March 31,2012, it is one of the largest malls in Malaysia.

Posted by PaulinaYong > 2012-11-14 17:52 | Report Abuse

THE GARDENS MALLS-PORTFOLIO

The Gardens Mall is an eight level retail mall with four levels of basement car park and four level of elevated car park. It was open in 2007 and has 816,657 square feet of NLA retail space and 208 retail tenants as at 31 MARCH 2012

This mall was introduced on the back of the success of MID VALLEY but is now positioned at the higher end of the market to differentiate itself from the latter and to capture an increasingly affluent suburban population that was not fully served by the same.

The Gardens Mall is the only fashion mall located outside the Kuala Lumpur city area and is anchored by two departmental store, iSETAN and Robinsons, and include major tenats such as Marks & Spencer

Together with Marketplace by Cold Storage(supermarket), these store occupy 35.9% of its total NLA. The tenant mix of The Garden mall is unique for a suburban mall as it predominantly hosts luxury and premiums brands.

Its tenats include Louis Vuitton, Burberry, Coach, Mulbery, Juicy Couture, BOSS Hugo Boss, Versace Jeans, Lewre Couture, Tods and Longchamp, which are all established in the PRIME LOTS on the GROUND FLOOR nad enjoy the HIGHEST VISIBILITY.

passerby

2,877 posts

Posted by passerby > 2012-11-14 17:53 | Report Abuse

their 1st earning report after listing is around the corner

Posted by PaulinaYong > 2012-11-14 18:10 | Report Abuse

Dear Investors,

The TARGET PRICE for MID TERM PROSPECT is RM1.50 along with dividend announcement that probably in December 2012 or January 2013 by taking Pavillion REITs as example.

Any RESEARCH UPDATE will be posted.

Pauline Yong.

chocoanut

53 posts

Posted by chocoanut > 2012-11-14 18:14 | Report Abuse

Bought quite some after last visit there... Their crowd is still the best among malaysia's mall. So good to organize event...

josh

311 posts

Posted by josh > 2012-11-15 17:38 | Report Abuse

Midvalley h good and easy parking, good entrance and exit ramp from and to pj n seremban, the one shopping mall with ktm, besides klcc h lrt.

josh

311 posts

Posted by josh > 2012-11-15 17:41 | Report Abuse

Midvalley to secure the medium income range customer and tenant while the garden to secure the high income one. Somemore they are integrated with hotel and service residences, office.

Hong2

340 posts

Posted by Hong2 > 2012-11-15 17:47 | Report Abuse

Invest to REIT is better choice in term of RISK, am I right, inview of current uncertainty? Thanks..

benson911

639 posts

Posted by benson911 > 2012-11-15 18:37 | Report Abuse

My average price stil 1.37, lost a bit.......long term should b ok....

Kl Vin

1,547 posts

Posted by Kl Vin > 2012-11-15 19:05 | Report Abuse

I have account invest in REIT only ~~
INVEST AS EARLY AS POSSIBLE !
I STIL HOLDING SUNREIT AND PAVREIT ~~ I plan to WAIT ANOTHER REIT WHICH IS CALL KLCC REIT ~
BUT I KEEP ALMOST 2 years FOR SUNREIT !! DONT BOTHER THE DAILY PRICES ~
1 year given 8sen dividend is better than FD ! :D

Posted by PaulinaYong > 2012-11-16 12:46 | Report Abuse

Dear Investor
Beware...
The global economy continues to weaken led by the development in the Eurozone as the fiscal and sovereign debt crisis in the monetary union deepens according to Organization for Economic Cooperation and Development (OECD) in its latest statement. According to IMF global DOWNSIDE RISK have increased following the elevation of financial markets and sovereign stress levels arising from the uncertainties of policy action and measure to deal with DEBT CRISIS in the Eurozone.

Thus the strategy for mid term is ;

SELL HIGH BETA STOCKS

BUY DEFENSIVE(LOW BETA) WITH LATEST DIVIDEND ANNOUNCEMENT & COLLECTING REITs

Bathgel

265 posts

Posted by Bathgel > 2012-11-21 12:25 | Report Abuse

sell

Posted by PaulinaYong > 2012-11-21 17:07 | Report Abuse

Sad for you...

joncsk

100 posts

Posted by joncsk > 2012-11-21 17:12 | Report Abuse

Yeah..u r right as sad for this fellow. Just come in and tell people to sell without justification??? Maybe has other ulterior motive???

josh

311 posts

Posted by josh > 2012-11-21 17:45 | Report Abuse

Come on bathgel, you want create panic sell also need give some reason la. Be responsible website user okie?

Posted by Fat Cat Tim Buddy > 2012-11-21 18:23 | Report Abuse

a simple word ' sell ' can draw so much emotion :D

you guys must have huge stake in igbreit..

benson911

639 posts

Posted by benson911 > 2012-11-21 18:30 | Report Abuse

This counter just suitable for long term investor. Sell is for short term trader.

Bathgel

265 posts

Posted by Bathgel > 2012-11-22 11:19 | Report Abuse

why sad, it has reach my target. need bullet for my next

Eden Thean

133 posts

Posted by Eden Thean > 2012-11-22 19:32 | Report Abuse

add more add more1! :D

Bathgel

265 posts

Posted by Bathgel > 2012-11-23 11:18 | Report Abuse

sold all my share, thanks for your support

Posted by PaulinaYong > 2012-11-23 13:54 | Report Abuse

Friend,
Don't get angry please.

juggernault

1,895 posts

Posted by juggernault > 2012-11-27 19:43 | Report Abuse

quarter report out, think twice if you wanna be a long term investor for this stock :D

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