Posted by smartly > 2 months ago | Report Abuse

about the tax...pinky is correct.

Posted by smartly > 2 months ago | Report Abuse

overall the dividend yield for now is > 7%. better than putting in fd

Posted by Justmeme > 2 months ago | Report Abuse

Oh... Ok, many thanks. Means effective base on the tax, the tax would be 5% of 1.55 cts since about half is not taxable

Posted by smartly > 2 months ago | Report Abuse

all give tp > RM1 but since listing, never before it touches above RM1.
this stock is only good for keeping for its dividends.
those looking for higher interest yield than epf, not a bad idea to park your money here

Posted by Justmeme > 2 months ago | Report Abuse

They have bought the 3 industrial lots and Kinta City which are damn good investment for KIPREITS. Makes KIP not so reliance to just shpping mall and a bit diversify. If they keep on this trend it will be good in the future.

Posted by smartly > 2 months ago | Report Abuse

Q2FY2024 - 10.6m
Q2FY2023 - 8.1m
so the 3 industrial properties have contributed approximately (10.6 - 8.1) 2.5m per Q
yearly net profit will have additional 10m, this translate to 0.16sen additional DPU yearly

Posted by smartly > 2 months ago | Report Abuse

say 0.16sen net distributable is around 0.144sen
every Q will have additional 0.036sen DPU

Posted by smartly > 2 months ago | Report Abuse

KIPMall Kota Warisan not in the picture yet, only to Start Contributing in 2HFY24

Posted by Value Investor Coo1eo > 2 months ago | Report Abuse

@smartly - did you factor in the dilution after the 3 industrial properties in your DPU calculation?

Posted by smartly > 2 months ago | Report Abuse

https://www.thestar.com.my/business/business-news/2024/02/08/kip-reit-completes-acquisition-of-kipmall-kota-warisan-for-rm80mil

Posted by Value Investor Coo1eo > 2 months ago | Report Abuse

Haiyan….@smartly - did you understand my question? You calculation claims on industrial pro wil contribute 0.16 (nett 0.144) annually. Does this consider the increase in number of units following the placement and issue of new shares in lieu of the industrial property acquisition