Stock Market & money related sharing

Few days ago, a news appeal on the Sun with title, CapitalMalls Malaysia Trust (CMMT) has entered into the sales and purchase agreement with Tropicana City Malaysia Sdn Bhd for the acquisition of Tropicana City Mall and Tropicana Office Tower PJ for RM540 million. (not include the residential condo on Tropicana City Mall) The management indicate the total expense is about RM25 million, so the total amount is about RM565 million. Seem they missed out one point, the GST which going to implement on April 2015, assume the transaction take to complete on 3rd quarter of 2015. If this is the case, the GST alone is about 32.4 million! CMMT not yet decide how to raise the fund, be it Right Issue or raise bond (or borrow money), either way, share holder is the one who going to bear the cost. Personally, I do hope this transaction not going through, since the currently rental return on Tropicana City Mall is about 5% if base of RM540 million, not yet include the charges and related GST. O...

For those who follow my blog, I like to invest for productivity asset instead of invest on hopes that the price of asset changes (or we call it capital gain). Base on this basis, I like to invest into stocks that will give consistent dividend, especially REITs. Recently, I just learned that, even though we invested into Reits, it doesn't means that we can just let the management do their job and we just ignore and do nothing. AmanahRaya Reit (5127, Arreit) is one of my top three investment in Reits portfolio. Three of them, namely, Amfirst, YTLreit and Arreit used to give dividend more or less the same for past few year. However, since the beginning of 2014, Arreit dividend was in the decrease mode. Why? There are few reason contribute to this down trend, though I have known these problem as earlier as last year, but I do nothing, as I believed the management team will take action to overcome the problem, it prove I am totally wrong today. =.= Last year, CIMB moved from Samanta...

The portfolio still generate positive return against FD rate for past 6 months. We received dividend of RM5,211.58 for 6 months of 2011. This dividend is slightly more, as we only received RM4,392 on previous 6 months. The whole portfolio is starting to generate very stable dividend of slightly more than 10% per year. We also achieved more than 50% return base on original investment amount of RM100,000 since Jun 2009, but this is meaningless since we do not want to sell our shares in next few years. Our investment purpose is to build a “Portfolio” which able to generate positive dividend / income, and we continue to increase this percentage of return every year. (currently this return rate is 10%, compare to 8.5% since we started) Together with dividend of RM5,211.58, currently we have total cash of RM9,604.16. As per plan, we wanted to buy some consumer related stock, but we did not do so, as there will be another new REIT counter going to list next month. We keep the cash for n...

Doesn't matter if market up, down or flag, our portfolio help us generate positive return which make us sleep soundless at night. The portfolio outperform long term FD rate again for the past 6 months. We received dividend of RM4,550 half yearly. Currently we have total cash of RM4,392 on hand while total market value of our portfolio worth about RM138,845. If we were to sell all our holdings base on today's market value, we should receive cash of RM143,000, return of about 30% base on original investment amount of RM100,000 since Jun 2009. Our latest purchase on last Aug 2010, CMMT and Sunreit, gave us unrealized profit of about 12% in less than 4 months. Going forward, we do not expect to receive similar return, as the price of the REIT continue to break higher record every months. We hope to see market pull back, as this will provide us good opportunities to buy more share with lower price. For next coming quarter, we intend to add some consumer related stock, let see if ...

New economy impact - we know salary going to increase, services and goods price going to increase faster than previous year. Policy can not be changed but we can plan and take advantage of this to invest for future, especially build up retirement income. One of the way is invest in REIT. Several reasons why buy REITs: 1. Low interest rate - with current interest rate for FD around 3%, the return from REIT is better. For instant, with $10,000 invest in REIT, one can earn passive income of about $800 per year, as compare to deposit in bank to get around $300 per year. 2. Property is an appreciating asset Before you buying any REIT, ask yourself if you have holding power when market deteriorate like what we have gone through in 2008. If you have holding power and do not sell during the downturn, you will almost inevitably lose money on it. After 2008, property price did rise and stabilize. In fact, any market downturn is a good opportunity, we expect few years later similar to 2008 wil...

Most of people not aware of advantages of REIT investment which cover all types of industries, high dividend yield of about 7% to 8% annually, low entry cost, support by higher corporate governance. The best is you as an investor, no need to predict or ask if tomorrow market ups or down, just think long term.  If you have FD in bank or bond as one of investment, it's advisable to move portion of fund into REIT to earn higher return. What Is Real Estate Investment Trust? A pool of money from investors is invested in properties, i.e. office building, shopping malls, warehouse ... and managed by REIT managers. (For detail of M-REIT, click here ) What REIT can offer? - advantage to invest in property market and enjoy diversify in many types of industries instead of invest in a single physical property. - maintained and managed by experience property managers, maximize the operating income of properties - ownership of high quality real estate Why invest in REIT? - liquidity - REIT c...

Our Malaysia REIT portfolio since Jun 2009 have outperformed the long term FD rate in the market. The portfolio start with $100,000, during the year, we have received dividend of $8977, represent about 8% after deducted tax. We were target only to obtain stable income of slightly more than FD, but it came to our surprised, included unrealized profit of $23,000, the return is more than 30%. If we decided to sell all the holding today, we will have the total cash of $132,000. Two new REIT listed on bursa last month, i.e. CMMT and SunREIT. We use the cash received from dividend to purchase some new shares. Though the expected dividend from these newly listed REITs are not as good as our existing holding (we expect about 7.2% return on dividend for CMMT and SunREIT) but for purpose of diversify and reduce the risk of buying too many unit in one REIT, we purchase some new shares. Since listing, CMMT done at the lowest price of RM0.975 and SunReit lowest at RM0.875. We could not buy at th...

Want to take the ownership of the property and participate the income generated by the property? If the answer is yes, then buying REIT could be an option, instead of buying physical asset. There are numerous advantages to own the REIT over the physical asset. One need not require large capital and labor requirement, as the job already taken care by the management of REIT. Furthermore, the fund of the trust are pooled together to buy numerous properties which provide greater diversification to offset the risk of negative impact over single property. When you buy REIT, you are essentially buying a physical asset with a long expected life span and potential for income through rental generated by the property and potential property appreciation. Since REIT require to distribute 90% of their income as dividend, meaning the holder is able to participate the profitability of the rental income. With so many way to invest your money, stock, bond, mutual fund, property, REIT and others, it...

錢該放哪裡？置產、買產業股或產業投資信託？ 眾所皆知，投資房地產是最佳投資方法之一。不過，您是否想過，投資房地產方法不一定是置產，還可購買產業股。 在2005年後，投資者更多出另一種選擇，即投資產業投資信託，定期收取股息。 在3項選擇中，投資者應置產賺取增值、收租金；買產業股等待突然爆漲、派息；或投資產業投資信託收取固定股息？究竟何者為佳？ 產業投資信託 - 不必大筆投資, 省卻後續麻煩 亞洲Hall Chadwick主席古瑪表示，大馬人平均一生中投資最大的資產類別就是產業，除了具抗通膨同時也是財富的象徵，更重要的是可留給下一代繼承。 不過，置產也讓投資者面對一些限制。比如人們一旦急需用錢時無法快速脫售，另外還需承擔銀行利率及負債，出租時難尋租戶。 “若要省去這些麻煩，人們可選擇產業投資信託。” 古瑪說，由於產業投資信託以單位出售，投資者即使沒有大量資金仍可投資。 雖然產業投資信託與置產都能達到資本增值，不過前者派息穩定，在流動性及稅務徵收都略勝一籌。 “同時，投資者在無須具備專業管理知識，也能擁有部份大型資產。” 他揚言，投資者將產業投資信託納入投資組合其中一部份非常重要，主要是這類型投資擁有長期回報的過往紀錄，較少受到股市波動及債券影響，可減少投資組合風險。 未來半年前景看好 投資產業信託，基於令吉走強將激勵國外投資者收購本地資產，如股票或產業。當國外需求上升，增值也隨著增加。 未來半年，產業投資信託在馬幣走強及通膨下，有望在高過或接近淨資產值交易。 “即將上市的雙威產業投資信托，其潛在總值超過40億令吉。一旦個別產業投資信託超越40億令吉，即可吸引外資。” 產業投資信託好處是可立即兌現，若暫停定存將遭罰款，而產業投資信託每季度及半年獲現金派息。 不會實際擁有房產 當然，有人質疑，雖然產業投資信託入門門檻低，但若置產並在期限供完，投資者將可擁有自己的物業。若投資產業信託則沒有固定物業。 一旦置產投資者必須借貸房價的90%，若是產業投資信託則無須大量金額。 仍有增值機會 另外，產業投資信託在20年後也會增值，加上資產通常都位於房屋熱點而非二手市場，因此無須擔心。 “別忘了若自己購買店屋，還得必須親自找租戶。投資產業信託全權交給管理人負責，省下不少麻煩。” 投資者可參與高成長產業股，尋求資本增值，同時也可購買產業投資信託，尋求穩定股息。 Posted and com...

Below base on closing price on Jun 12, 2009: Starhill Gbl （P4OU） DY：10.1%，Closing price：S$0.71，NTA: S$1.43。 CapitaComm 嘉康信托（C61U） DY：11.1%，PE：3.8，Closing price：S$0.91，NTA: S$2.94。 CapitaMall 嘉茂商产信托(C38U) DY：10.0%，PE：4.3，Closing price：S$1.43，NTA: S$2.44。 SuntecReit 新达信托(T82U) DY：12.9%，PE：--，Closing price：S$0.975，NTA: S$2.001。 SaizenREIT 最善房产信托(DZ8U) DY：40.5%，PE：--，Closeing price：S$0.135，NTA: S$0.85。 Cambridge 剑桥工业信托(J91U) DY：16.7%，PE：8.6，Closing price：S$0.36，NTA: S$0.73。 CDL HTrust 城市酒店信托(J85) DY：13.9%，PE：--，Closing price：S$0.765，NTA: S$1.39。 MapletreeLog 丰树物流信托(M44U) DY：12.3%，PE：7.1，Closing price：S$0.59，NTA: S$0.90。 LippoMapleT 力宝-丰树印尼零售信托(D5IU) DY：15.8%，PE：--，Closing price：S$0.355，NTA : S$0.727。 MacCooklReit 麦卡特库克工业房地产(BU5U) DY：25.9%，PE：--，Closing price：S$0.345，NTA : S$1.09。 AscottREIT 雅诗阁公寓信托(A68U) DY：12.8%，PE：--，Closing price：S$0.69，NTA: S$1.51。 K-REIT K信托亚洲(K71U) DY：13%，PE：23.8，Closing price：S$1.00，NTA: S$2.22。 First REIT 先锋医疗产业信托(AW9U) DY：12.2%，PE：7.4，Closing price：S$0.625，NTA: S...