Posted by investmalysia > 2020-12-15 13:59 | Report Abuse

Misc same pattern

Posted by WPJ4642 > 2020-12-15 14:00 | Report Abuse

Thanks for your advice.

Posted by JohnnyL > 2020-12-15 15:20 | Report Abuse

Why drop so much omg

Posted by Pinky > 2020-12-15 16:24 | Report Abuse

If buy to hold now is a good opportunity to accumulate, net yield 4.9%.

But limited growth. Office oversupply at KL City Centre esp when that Razak apanama building completed. Remember, KLCCProp is not 100% retail, it's quite office-heavy.

Posted by investmalysia > 2020-12-15 16:39 | Report Abuse

Klcc has Petronas twin towers, maxis tower, exon mobil tower. All these are occupied by few major tenants. Not those small tenants. But yes their growth is limited.

Posted by investmalysia > 2020-12-15 16:43 | Report Abuse

But who cares? As long as share price can go up can already.

Posted by zen_2k > 2020-12-15 17:08 | Report Abuse

drop bcuz petronas sold a portion to giv dividend to gomen. chill la, accumulate as the fundamentals have not changed

Posted by JohnnyL > 2020-12-15 17:29 | Report Abuse

Just averaged down, my average buy in price @7.32

Posted by investmalysia > 2020-12-15 18:08 | Report Abuse

Amanahraya absorbed the selling by Petronas

Posted by WPJ4642 > 2020-12-15 21:21 | Report Abuse

Don't know it will be up by tomorrow?

Posted by Pinky > 2020-12-15 22:14 | Report Abuse

@yingzhe17 when you buy a REIT it's like buying a property to earn rental income

Do you buy an apartment to rent out and then ask the agent how much it's worth every month? No. You buy and then you keep for YEARS.

REITs are not for capital gains.

Posted by dompeilee > 2020-12-16 10:05 | Report Abuse

Bought back the KLCC I sold for 7.99- 8.20 in August '19...@ 7.10-7.11 today.

Posted by investmalysia > 2020-12-16 17:35 | Report Abuse

Epf bought 50mil shares from Petronas!!

Posted by stockhunter97 > 2020-12-16 18:38 | Report Abuse

guys im newbie here, what will happen when klcc join f4gbm? and epf acquisition of stapled securities isit same meaning as buying klcc share?

Posted by investmalysia > 2020-12-17 11:27 | Report Abuse

I feel sorry for those who sold at 7.1

Posted by WPJ4642 > 2020-12-17 12:18 | Report Abuse

Up up up!

Posted by zen_2k > 2020-12-17 13:29 | Report Abuse

resume uptrend

Posted by zen_2k > 2020-12-17 13:29 | Report Abuse

good thing to have averaged down haha

Posted by dompeilee > 2020-12-17 16:25 | Report Abuse

dompeilee Bought back the KLCC I sold for 7.99- 8.20 in August '19...@ 7.10-7.11 today.
16/12/2020 10:05 AM

=)

Posted by investmalysia > 2020-12-17 17:18 | Report Abuse

Wow, rebound with good volume. Nice

Posted by dompeilee > 2020-12-18 09:17 | Report Abuse

SOLD half of my T + 2 KLCC position for some kopi $$$ =)

Posted by Win188 > 2020-12-18 13:30 | Report Abuse

It is an opportunity to buy KLCCP at low price now.

Posted by dompeilee > 2020-12-18 16:58 | Report Abuse

SOLD the balance of my T + 2 KLCC shares @ 7.22 in the afternoon...

Posted by dompeilee > 2020-12-19 09:53 | Report Abuse

I got out after I reread the annual report last yr (the LAST full 300+ pages Report they sent out by courier or even by mail) & realise they have only 700 mil cash vs over 2300 mil in debt. I haven't read the latest report but it should higher gearing by now with MO hotel occupancy plunging...

The big properties were valued at over 15 billion in that report but it has the risk of being impaired with the economy crashing.

Posted by investmalysia > 2020-12-19 14:09 | Report Abuse

No one really cares unless you’re a longggggg term investor. Topglove report so good but fall as well. AirAsia report like shit but up so much. People care about share price fluctuations only

Posted by DonWorryBeHappy > 2020-12-21 11:52 | Report Abuse

Enter 7.15

Posted by ZeaXG > 2020-12-24 16:09 | Report Abuse

Masuked 7.14

Posted by William Ng > 2020-12-27 21:23 | Report Abuse

Still overprice, DY not even reach 6%

Posted by yingzhe17 > 2020-12-29 11:13 | Report Abuse

Mati pucuk 2 batang ni. Dividend dah naik tak?

Posted by sianglong91 > 2021-01-01 23:40 | Report Abuse

Try luck limit on RM7 purchase,, huhu

Posted by dompeilee > 2021-01-05 15:28 | Report Abuse

dompeilee SOLD half of my T + 2 KLCC position for some kopi $$$ =)
18/12/2020 9:17 AM

dompeilee SOLD the balance of my T + 2 KLCC shares @ 7.22 in the afternoon...
18/12/2020 4:58 PM

Bought back KLCC stapled @ 6.86-6.89 this morning

Posted by yingzhe17 > 2021-01-05 20:52 | Report Abuse

Wait for 6.5?

Posted by William Ng > 2021-01-06 21:52 | Report Abuse

Anything can happen

Posted by William Ng > 2021-01-06 21:54 | Report Abuse

At least this counter wont limit down, its just that the dividend cant cover the price drop....

Posted by UnkleLim > 2021-01-06 22:59 | Report Abuse

If you buy at RM7, safe bet. Dividend plus capital gain

Posted by WPJ4642 > 2021-01-07 10:19 | Report Abuse

Really unstable at the moment!

Posted by UnkleLim > 2021-01-07 11:19 | Report Abuse

At RM7. What you scare? Drop to RM6? You think the possibility high or not? Business still intact and stable as usual. Just market like shit. That’s why drop.

Posted by UnkleLim > 2021-01-07 11:25 | Report Abuse

When nobody wants the share, that’s the time you pick it up. Look at what happened to CIMB and axiata before this. Drop drop and drop. Keep breaking support then strong rebound

Posted by dompeilee > 2021-01-07 14:09 | Report Abuse

=)

Posted by dompeilee > 2021-01-07 15:08 | Report Abuse

Ready 2 collect dividend to be announced in a few days' time =)

Posted by UnkleLim > 2021-01-07 15:11 | Report Abuse

Great

Posted by dompeilee > 2021-01-08 17:30 | Report Abuse

Very steady despite over 1000 stocks dropping like sh** lol

Posted by UnkleLim > 2021-01-08 22:21 | Report Abuse

Good

Posted by mokluhanj21 > 2021-01-09 22:32 | Report Abuse

walaweh siao. Die la like this. close down PKP like march 2020 again. die la 44444..who wanna go shopping and makan in KLCC weh?
no more recovery trade for Malaysia....dead la like this. confirm Monday open koyak la KLCC :(

Posted by UnkleLim > 2021-01-10 07:24 | Report Abuse

Ismail sabri say MCO not expected lol. Don’t simply create panic

Posted by UnkleLim > 2021-01-10 07:24 | Report Abuse

And klcc major portfolio is office. Not the shopping mall

Posted by UnkleLim > 2021-01-10 07:26 | Report Abuse

Even no one go klcc tenants still have to pay rental like what happened in March last year. In conclusion, mokluhanj21 doesn’t understand what klcc does and simply go everywhere to talk rubbish

Posted by Angel of KLSE 大马股仙 > 2021-01-11 11:11 | Report Abuse

Mco impossible, coz more people will jump klcc if mco than those die of covid

Posted by mokluhanj21 > 2021-01-11 14:08 | Report Abuse

Uncle, cannot simply use what happened in March 2020. we all smart people also, not just u. Things today are different for KLCC than it was in March:

i. In March, Petronas alone (direct & via KLCC Holdings) held ~76/77% of KLCC shares+ EPF around 7% + ASB around 3.7% + add other amanah saham say la around 3% = 89% ady held by these types -- hold to Kiamat one. actual free float is limited of course la price didn't move. u compare la Pavilion/ Axis/ IGB Reits and see where got KLCC fall one?

ii. what changed now? they sold 150 mil shares to EPF and ASB, and these people are not as strategic as Petronas to some extent. EPF especially via their external FMs can simply dump if they want to..(trading portion)

iii. Yes we also read Annual Report, we know major is still the Triple Net Lease 15 year with Petronas (which was just renewed but INTERESTINGLY no disclosure on the rental rate :P).... but you ever wonder how Petronas is doing as a company? Are they as rich as they were when oil was USD100bbl? Of course you dont la cos u think Petronas is God confirm never fail. (in perfect world ofcourse la. sadly world not perfect)

iv. If Petronas cashflow is so good, u think the accountant CEO wanna sell the 150 million shares of KLCC? 150 million at busuk2 RM7/share= RM1 billion cash whoa. the hole must be big sampai wanna sell that much ............

Now things become not so binary and black & white issit uncle?

I am not trying to be a fearmongering punter, I just wanna share my perspectives and see more nuanced and objective views by others on here. TQ. Here's to huat2 KLCC...

Posted by UnkleLim > 2021-01-12 07:55 | Report Abuse

Everyone knows Petronas not as rich as when the oil is $100 per barrel. I’m not saying Petronas is god. Even though they are not as rich, you think they occupied klcc with low grade rental?

For the epf, they might be trading. But how much will it be at klcc? And the price they purchase klcc from Petronas is RM7.12. You think they will sell all the way down to 6.5 or 6? Short sell klcc? If want trading better choose higher liquidity shares lo such as CIMB, topglove, supermax.

Even now Petronas still holds around 67% of klcc. That’s after selling 154million shares. Still major shareholder. I personally don’t see it as a problem as we need to constantly review our portfolio. Even they sell 10% more of klcc, they’re still the major shareholder. Why stuck so much money at one place?

For me, I won’t hold klcc till kiamat. I’ll take profit as well. Just that the risk of business in klcc is much lower and at this price there’s lower downside. Their hotel and mall segment will be affected but not their office segment which makes up bulk of their revenue.