Posted by Pinky > 2022-03-01 16:25 | Report Abuse

Do u guys think HLB's assumption of 5 sen gross dividend p.a. achievable?

Posted by InvestIcon > 2022-04-16 14:54 | Report Abuse

@Pinky, Current 71% occupancy rate is due to Pandemic and it’s the lowest occupancy. With market reopening, the occupancy highly will improve rather than drop further. Plus, management indicated thus year rental will positively revise. So, 5 cents or increase of 25% rental income is likely achievable.Furthermore, even if the rental increase is not achieve. Current 4 cents or 6.6% yields is relatively high for existing market

Posted by Pinky > 2022-04-16 15:23 | Report Abuse

If this REIT can match the stability and dividend yield of UOAREIT I'd be happy to keep and accumulate slowly.

Posted by Pinky > 2022-04-28 10:32 | Report Abuse

Rubbish performance! Buy UOAREIT for strata offices exposure better. Sold!

Posted by Pinky > 2022-07-28 09:47 | Report Abuse

Disappointing indeed. UOAREIT is the better choice

Posted by dragon328 > 2022-08-12 12:56 | Report Abuse

https://klse.i3investor.com/web/blog/detail/dragon328/2022-08-12-story-h1627892545-IGBB_is_an_Awakening_Property_Giant_worth_at_least_RM6_75

Posted by dragon328 > 2022-08-12 12:56 | Report Abuse

the parent of IGBCR is more interesting at current prices

Posted by 80gram > 2022-08-23 15:40 | Report Abuse

the parent can continue paying dividends?

Posted by dragon328 > 2022-08-23 16:56 | Report Abuse

definitely. IGBB cashflows are very strong, dividends from IGB REIT and IGBCR are more than 20 sen per share. Wait till it carries out the proposed corporate exercises then it will be able to pare down borrowings and raise dividend payouts

Posted by Pinky > 2023-01-20 13:38 | Report Abuse

https://www.theedgemarkets.com/node/652520

HLIB U-turn already. Luckily did not listen to them then and ran away