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...
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..
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.
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.
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...
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.
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
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..
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.
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.
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.
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.
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.
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.
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
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
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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....
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 !