Tuesday, August 7, 2012

IGB REIT




1. IGB Reit -


 Details on Prospectus
Offer Type : IPO
Fund Name : IGB Reit
Board : Main Market
Offer Price : RM1.25 (indicative issue price)
Shares : Listing and quotation for the entire 3,550,000,000 units of IGB REIT on the Main Market of Bursa Malaysia Securities Berhad


2. No trading from me today :( My investment bank ask me what to do with OSKPROP-OR today. I told them  i will be buying more tomorrow. Most likely they will ask me again tomorrow. ^^

3. I have standby all my fund for IGB REIT IPO. ^^ Will be Sai Lang on this. ^^ :)

4. Watch List - YTL, YTLP-WB, OSKPROP-OR, WTK, WCT, AMPROP

29 comments:

Teng said...

Horse

Those using investment bank can apply IPO?I am interested to apply IGB Reits as well

Maybank lagi jialat.Last week already called me about OSKProperty OR.This time I am smarter,tell them I let them know this wed ( that is tomorrow)

hng said...

horse

What is the indicative yield based on 1.25 IPO?

Teng said...

Horse

I was reading your old blogs( 2008)and see many interesting trades,including from Hng. Hng made many contra play on Sime( I bought in 2008 as well at 6 and still keeping it). I see you like to keep stocks that pay good dividends.

IOI stock plunged from 4+ to 2 also reminded me of how to make money during crisis. Still remember I bought 2.27 and sold in few batches from 3-3.5

For some reason,internet speed is very slow when I surf your old blog

horse said...

hng,

Hoping high yield on first day listing on REITs will be very disappointing but if keeping them for sometime like 1-2 years, the yield will be tremendous. CMMT particularly can give almost 80 to 90% return after a year+ or so.
I will be keeping them for long term if i am lucky this time round. ^^ :)

horse said...

Teng,

You spot right on there. Both myself & hng are on dividend play. We particularly on high dividend yielding stocks, at least this can cushion our losses in case of incident.

Those day i lose badly when i am on speculation. I was vanished and I stop KLSE for quite a while before returning and from there on i decided on dividend yielding only. There after i keep profit year after year. I hope to stand the biggest gain ever for this year as there is still 5 months for me to achieve that.
Good Luck.

Teng said...

Horse

Acoustec used to pay 10-12cents dividend( price was ~1.10 ). Unfortunately dividends paid was much in recent years.Price now ~60cents.After holding for many years,I still losing money on this counter even I included dividends received

Gark said...

Horse, rather than try your luck with IGB REIT, you can get through with purchasing KAsset, at current price the cost is more or less the same as IPO. :)

Gark said...

IGB REIT indicative FY13 yield at RM 1.25 is about 5.4%.

Gark said...

1000 unit of KAsset will have distribution of 5420 unit of IGB REIT and capital repayment of RM 2,430 if my calculation is correct...

hng said...

Increase further stake in WCT-WB, bought more WB at 28-28.5sen

hng said...

Gark

Initial, the value for kriassaet is based on IGB REITs issue at RM 1.00, which give rise to total value of 5.42 unit IGB REITs x RM 1 + RM 2.43 = RM7.85

If the IPO price reset at RM 1.25, the krisassest value will work to 9.20

hng said...

WCT newly open paradigm mall in kelana jaya has increase its occupancy rate from 91% during soft opening in May to now almost 100% occupancy, just left two available premium lot, reserve for high end retail

hng said...

Bought more WCT-WB at 29sen

Gark said...

Hng, you are correct. So horse can grab some IGB REIT at lower than IPO value and no need to draw ballots. :)

Gark said...

Personally 5.4% yield on IGB REIT is not attractive to me. :)

Gark said...

Hng, for the mall WCT's plan is for property investment right? They are not planning to sell it off later?

WCT looks interesting, but the market response is a bit lukewarm...can you share what you think?

Thanks!

unavailable kaito said...

Want to share something fun here: http://www.youtube.com/watch?v=56EiMjJzfog
watch this while monitoring stocks. Chills~~~

hng said...

Gark

WCT is in the midst to diversifying its earning base, its newly paradigm mall is expect to contribute 15m pa to its bottomline, or additional 10% increase in EPS. By next year, another mall, Gateway will be ready in KLIA2, which will contribute another 15m, or additional 10% increase to its EPS. Thus, investor can expect WCT to deliver at least EPS growth of 10% increment in these and next year based on contribution from its properties investment alone.

Its upcoming EGM, if approve will signal another big venture to KL (OUG) outside its stronghold in klang. These parcel of land acquire at RM450m or more than 25% of WCT paid up capital show strong commitment of WCT to build up its another earning contributor from property development, which have at least GDV 4 billion.

hng said...

Gark

WCT current core earning contributor, construction and infra also getting momentum, so far already secure more than 1 billion new contract, namely HQ for MITI, Medical Central in Sabah, widening Plus highway. WCT expect another 0.5-1 billion to be awarded by end of these year.

Gark said...

Thanks Hng!

Will consider after doing some research...

hng said...

With today additional stake in WCT-WB, my ranking already move up from 30th largest warrant holder up to 20 now :)

However, i also need to cut some of my stake in OSK property-OR in order to fully subscribe my entitlement

hng said...

CheeHeng

Our WCT already at 2.51, still keep it?

I'll keep it at these moment, waiting for re-rating of these stock.

cheeheng said...

hng,yes i still have wct,buy n hold fr this one,can make more.Actually the yield fr IGB REIT is 5.10% only.Read that frm the prospectus dwnloaded.hng,thanks to ur stk picks,i made profit frm Tambun,Uoadev,Sapind,Pos

hng said...

cheeheng

Hope you too can share your investment idea in these blog, we all still a lot to learn to improved our trading skill. Together all of us put effort to minimized error and trained to be wiser and smarter investor/trader.

hng said...

Lets hope WCT can keep current momentum and keep going up up up

hng said...

Sold some OSK property-OR at 2.70-2.71, realize handsome profit.

I have to cut down my stake in OSK property-OR in order to pick up all WCT, WCT-WB, subscribe OSK right share as well as free up some margin line for any opportunity buy

cheeheng said...

hng,like horse,i too like high div stks.mostly reits like stareit,arreit,axisreit & stks like mesiniaga,wellcal,PIE and zhulian.

Teng said...

Hng

No trading today. Seeing you and cheeheng bought WCT and its warrant.

You are right.Paradigm Mall is doing well,considering it is new mall. I been there few times,and tenant mix is quite good( I still like Empire)

Tomorrow I may have time in morning to do some trading. May buy WCT or its WB. OSKProp-OR??Not sure to sell for profit tomorrow

Teng said...

Hng

How do you check up to date top20 or 30 warrant holder?

Related Posts with Thumbnails