Valerie Ong is the daughter of KIP co founder Ong Kook Liong. Yea she is stylish and quite high profile, which is different from KIP prudent and conservative approach. Hopefully she can attract more youngsters to invest here.
@andr - explain best REIT in the market.....2 properties already going towards foreclosure. long term e-commerce will out all the petty traders out of business. look at logictics la...retail mall rents are going down down down
Better is subjective. But in terms of value, KIPREIT is definitely a better value than AXREIT which is overpriced. But I would argue the asset quality of AXREIT is better.
Very good results from KipREIT considering this QR was supposed to be the "worst" due to MCO. Congratulations to all holders.
For those wondering why the results are "red", you may read their announcement for more details. but to summarise, it's due to unrealised losses of 13mil due to land valuation. Otherwise it would have been only -9% QoQ, which in my opinion is quite amazing considering the nature of their property and the times we are in.
Thanks Terence775 for going through the QR for us. And I agree that KipReit actually has a good insight within its board. I do hope that they continue to make wise business decisions.
Thanks to terence775 for the earnings explanation ... I agree the figures are very impressive considering the situation. I have always had confidence in this company and believe it to be undervalued.One question I have about the dividend, could you kindly advise ? 0.3080 is taxable,1.2000 is non taxable and 0.0220 is tax exempt. Is the 1.2000 free of 10% dividend tax ? if it is, there has been a substantial increase in the dividend.
Cawalluk, yes, good notice. That is true. So the dividend per share you shall receive is (0.308*0.9) +1.2+0.022=1.4992 sen. This is higher than previous one which is (1.386*0.9)+0.1+0.034= 1.381sen.
@youngshouse24 thanks for sharing the article! From reading this article, makes me feel happy as an investor, putting money into the right stock! Bright future ahead! This article very useful for us who don't live in KL area... I'm from Ipoh so I can tell you that Aeon Kinta City is one of the best malls in Ipoh, if not the best, catering to lots of Tamans surrounding it, i.e. Bercham, Ipoh Garden, Canning Garden etc. Heck, I live in Pengkalan but occasionally I still go there! Great acquisition by KIPREIT!
@Bryan Lee You're welcome, glad to know that you also an investor of KIPREIT. Agree with you, KIPREIT has potential to perform better with good management team and strategic location. As we are investing on REITs, fact finding is important. Thank you for sharing me the information, make me gain information about Aeon Kinta City. Hope to have more discussion with you about AMKC in the future.
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....
lsmpro888
253 posts
Posted by lsmpro888 > 2020-04-27 09:46 | Report Abuse
this one seems good...