I DID IT MY WAY: What Cyber Friends Talk About IGB REIT !!?

Thursday, August 16, 2012

What Cyber Friends Talk About IGB REIT !!?

1. FABER - Sold them at RM1.34 and bought them back at RM1.33. 1sen profit. :) ^^

2. MAYBANK - Maybank delivers a very good set of Q2 result couple with 32sen dividend. :) ^^ Bought in 2 batches at RM8.94 and RM 8.90 respectively.

3. IGB REIT - What are the view from our cyber friends :-

Teng said...

Alwayswin111

I always believe in personal experience. If you go to Midvalley,weekeday or weekend,it is always crowded. Just calculate how much parking they collect esp during weekend.

August 16, 2012 9:29:00 AM GMT+08:00

hng said...

Sold some WCT at 2.53, realize contra profit

August 16, 2012 9:30:00 AM GMT+08:00

Tay SK said...

Horse I think they should distribute it back to kassets shareholders. However to be conservative I don't put high hopes of 1.25 price. IHH indicative price was 2.85 but final institutional price was 2.80. Likewise for igbreit i think a final ipo price of 1.20 is a better Price to calculate its fair value. (5240x1.20) + 2430 + (0.2 x 1000x670M/521M) = rm8975 or roughly 8.98 share price.
If based on rm1.25 we get fair value of 9.30 as a bonus.

August 16, 2012 9:41:00 AM GMT+08:00

hng said...

Teng/alwayswin111/horse/Tan SK

The ultimate aim invest in REITS is for steady income. IGB REITs offer not only 5% yield but the most important is strategical location ensure 100% occupancy at all time and capacity to increase rental rate as well as capital appreciation through revaluation surplus.

With that, IGB REITs stand out as preferred REITs class among others REITs.

August 16, 2012 9:49:00 AM GMT+08:00

hng said...

Tan SK

If Kassest manage to raise fund by offerring higher IGBREITs at 1.25 instead of 1.00, Kassset shareholder will not only entitle similar unit of IGB REITs but also will increase amount of capital repayment to shareholder

August 16, 2012 9:54:00 AM GMT+08:00

4. OSKPROP - Just announced Q2 result, profit drop half from it corresponding Q2. :( Proposed 5sen dividend. ^^

5. Watch List - WCT, OSKPROP, MAYBANK, CYPARK, HAPSENG, KASSETS, MNRB

80 comments:

Anonymous said...: horse/Teng

OSK property report Q2 EPS of 3.45sen '2x lower' than Q1 EPS= 6.43 is due to exceptional one lump sum management fees from Sutera Damasara.

These one lump sum amounting about 10m is cumulative management fee from last few back as it record retrospective fees deference based on revised T&C from 2% PAT to 3% GDV.

Going forward, OSK property will record normalize quarterly management fees at about 1m per quarter depending on progress billing.; August 16, 2012 at 9:53:00 PM GMT+8
horse said...: Thanks hng for the explanation. ^^
Hope the market react accordingly.; August 16, 2012 at 9:57:00 PM GMT+8
Anonymous said...: horse

I think OSK property should have good support at 1.00, with currently trade cum 5sen dividend, share could well absorb any potential selling pressure from upcoming right and bonus and warrant listing.; August 16, 2012 at 10:03:00 PM GMT+8
Anonymous said...: horse

I think OSK property should have good support at 1.00, with currently trade cum 5sen dividend, share could well absorb any potential selling pressure from upcoming right and bonus and warrant listing.; August 16, 2012 at 10:03:00 PM GMT+8
Anonymous said...: Teng

Lets look at responsiveness of WCT share price response immediate after it has awarded contract

Contract 1: RM 300m, announce 8/2
8/2: WCT at 2.58; WCT-WB at 42sen
9/2: WCT at 2.78; WCT-WB at 49sen

Contract 2: RM 331m, announce 22/2
22/2: WCT at 2.65; WCT-WB at 38sen
23/2: WCT at 2.72; WCT-WB at 40sen

Contract 3: 72.8m, announce 7/6
7/6: WCT at 2.40
8-10/6: WCT at 2.55; August 16, 2012 at 10:28:00 PM GMT+8
Anonymous said...: Teng

Lets look at responsiveness of WCT share price response immediate after it has awarded contract

Contract 1: RM 300m, announce 8/2
8/2: WCT at 2.58; WCT-WB at 42sen
9/2: WCT at 2.78; WCT-WB at 49sen

Contract 2: RM 331m, announce 22/2
22/2: WCT at 2.65; WCT-WB at 38sen
23/2: WCT at 2.72; WCT-WB at 40sen

Contract 3: 72.8m, announce 7/6
7/6: WCT at 2.40; WCT-WB at 19sen
8-10/6: WCT at 2.55; WCT-WB 20sen

Contract 4: 390m, announce 12/7
12/7: WCT ar 2.44, WCT-WB at 31sen
13-18/7: WCT at 2.65, WCT-WB 36sen

Contract 5: 1.0b, announce 16/8
16/8: WCT at 2.49; WCT-WB at 29sen
17/8: WCT at ???; WCT-WB at !!!; August 16, 2012 at 10:32:00 PM GMT+8
Teng said...: Hng

Hope this 'tradition' continues; August 16, 2012 at 10:58:00 PM GMT+8
horse said...: WCT only RHB has sell call at 2.08.
:(
BUT overall all rate BUY call and majority > RM3. Good sign. ^^ :); August 16, 2012 at 11:02:00 PM GMT+8
Anonymous said...: Teng

WCT is still consider infrastructure & construction company (70% earning contributor), therefore, ability to secure big contract is almost important to replenish order book (similar to property stock have large unbilled sale).

With YTD more than 2b new contract secure + 3.5b outstanding contract, WCT earning visibility have further improved to from 2 year to 3 year; August 16, 2012 at 11:15:00 PM GMT+8
Anonymous said...: horse

RHB analysis based more on contribution from infrastructure and construction, which undermined potential growing up of its another two source of earning contributor, namely property development and property investment; August 16, 2012 at 11:17:00 PM GMT+8
Anonymous said...: Teng

It is very unlikely WCT or WCT-WB not to response to these biggest contract secure so far, worth 1b. If it do, mean something very usual to the market; August 16, 2012 at 11:23:00 PM GMT+8
Anonymous said...: Teng

I think based on technical chart, WCT share could capitalize on these newly secure contract to once again challenge its next resistance level at 2.78; August 16, 2012 at 11:31:00 PM GMT+8
horse said...: Looking forward to buy WCT but my fund left very small now after taking MAYBANK in. :(

Hope there is great show from OSKPROP tomorrow. ^^

Then it will free up my trading limit. :); August 16, 2012 at 11:41:00 PM GMT+8
horse said...: Surprisingly there is still so many irrational people buy into E&O-CA for such a high premium and it left 14days to expiry. :(

These people are really punter, willing to gamble in such high risk CW...? Few hundreds % profit if you are daring, hahaha.
Volumn really make share price fly. :(; August 16, 2012 at 11:47:00 PM GMT+8
Teng said...: WCT mother is better than son.Mother up 10 cts,son only 1.5 cents; August 17, 2012 at 9:16:00 AM GMT+8
Teng said...: Hng is on track to achieve his multiple 5 digit gains on WCT-WB soon. Now wb is lagging behind mother,will play catch up; August 17, 2012 at 9:23:00 AM GMT+8
Anonymous said...: Teng

I'm selling WCT-WB at 31-31.5sen now; August 17, 2012 at 9:24:00 AM GMT+8
Teng said...: Hng

Sold mine at 31. If I sold yesterday at 29,and bought mother at 2.49,gains is about the same; August 17, 2012 at 9:29:00 AM GMT+8
Anonymous said...: Yeah!!! Sold off all WCT-WB at 31-31.5sen, realize 5 DIGIT GAIN instead of yesterday if sell at 29-29.5 for 4 digit gain :); August 17, 2012 at 9:32:00 AM GMT+8
Anonymous said...: Sold off all Hapseng at 1.73, almost breakeven

Have to trim down stock holding; August 17, 2012 at 9:34:00 AM GMT+8
Teng said...: Hng

Well done and congratulations on WCT.Good you bought back at 28.5 after selling 29-29.5; August 17, 2012 at 9:38:00 AM GMT+8
Teng said...: Hng

Still holding WTK?Thinking to queue at 1.15; August 17, 2012 at 9:39:00 AM GMT+8
Teng said...: Sold all Affin-CF at 16.5cents for good contra gains; August 17, 2012 at 9:57:00 AM GMT+8
alwayswin111 said...: Hng, Teng
Well done... Did you notice KOSSAN flew to 3.32 after I sold 3.22 ... Sigh .. But it's ok importantly don't lose or even if lose lose little , ya.. That's our policy , laugh all the way to the bank.
Let's hope IHH GENTING and ivory fly today.. Maybe too optimistic, ya... Long holiday ahead; August 17, 2012 at 9:59:00 AM GMT+8
tcg82 said...: hng/all
wct-wb sold 0.31-0.315 tqvm all
faber still hold
notion good set of EPS number + surprise 1sen dividen, recovered from thai flood ! good to bet ?; August 17, 2012 at 10:10:00 AM GMT+8
Anonymous said...: Teng

Finally, reduce stock holding in portfolio significantly. Can have good rest now.

WTK short term under selling pressure from OCBC. Wait....

I intend to buy more dividend yield stock.; August 17, 2012 at 10:15:00 AM GMT+8
Teng said...: Hng

Dividend stocks-You consider Uchi again?I last read analyst report current FY dividend should be 11 cents( last FY 12 cents); August 17, 2012 at 10:24:00 AM GMT+8
Anonymous said...: Teng

There are a lot of dividend yield stocks, but we can tune our entry timing.; August 17, 2012 at 10:30:00 AM GMT+8
Teng said...: Faber sudah mari; August 17, 2012 at 10:56:00 AM GMT+8
Anonymous said...: Bought Faber at 1.35-1.36; August 17, 2012 at 10:57:00 AM GMT+8
Anonymous said...: Faber is expect to secure renewal contract after Raya; August 17, 2012 at 10:58:00 AM GMT+8
Anonymous said...: Increase further stake of MNRB, Bought MNRB at 2.97-2.98; August 17, 2012 at 11:04:00 AM GMT+8
Teng said...: Hng

MNRB-Amanah Raya is nett seller esp in Aug. I queue to buy now; August 17, 2012 at 11:06:00 AM GMT+8
cheeheng said...: hng/teng

u might want to consider this stk willow msc(0008) has a hard 2 beat yield of btween 8% -10% based on previous year's payout of 2.5/3.0 sen. Also it is net cash with rm 29 mln.; August 17, 2012 at 11:12:00 AM GMT+8
Anonymous said...: Teng

ASB, PNB, ASM, ASM2020, ASN, ASN2, collectively control 75% stake in MNRB.

It is logical to sell down some stake in MNRB, if these fund want to meet redemption or payout income to their unit holder; August 17, 2012 at 11:12:00 AM GMT+8
cheeheng said...: hng,

also q to buy mnrb @297,296,295 !; August 17, 2012 at 11:14:00 AM GMT+8
Anonymous said...: cheeheng

Thanks, will adds these into my radar screen.; August 17, 2012 at 11:16:00 AM GMT+8
Teng said...: Hng

Sometimes annoucement abt shareholding change is direct deal,or transfer within PNB group of companies.Reason I say so because total transaction volume in KLSE on that day is less that volume annouced to Bursa; August 17, 2012 at 11:20:00 AM GMT+8
tcg82 said...: This comment has been removed by the author.; August 17, 2012 at 11:21:00 AM GMT+8
Anonymous said...: cheeheng

MNRB although under selling pressure, but i'm look it as opportunity to accumulate these stock, as i believe stock cum dividend have limited downside risk. Expect its 17sen dividend to be declare by end of these month, which give rise to yield of 5.7%; August 17, 2012 at 11:22:00 AM GMT+8
tcg82 said...: cheeheng/hng
willow in my watchlist since may, good one, but low volume.; August 17, 2012 at 11:28:00 AM GMT+8
Teng said...: Bought MNRB at 2.97

Willow-ya,TCG is right.trading volume is very thin; August 17, 2012 at 11:30:00 AM GMT+8
Teng said...: Bought more MNRB at 2.95; August 17, 2012 at 11:33:00 AM GMT+8
Anonymous said...: Bought maximum MNRB at 2.95; August 17, 2012 at 11:34:00 AM GMT+8
RichieRichBBQ said...: Wellcome 2 club MNRB...; August 17, 2012 at 11:35:00 AM GMT+8
cheeheng said...: hng

mnrb all done,q more@293 n 292..:D; August 17, 2012 at 11:38:00 AM GMT+8
Teng said...: Affin is up today.Could below the reason?

Affin Holdings Bhd has received the green light from Bank Negara to commence negotiations with DRB-Hicom Bhd and Khazanah Nasional Bhd for a possible acquisition of equity interests in Bank Muamalat Malaysia Bhd; August 17, 2012 at 11:39:00 AM GMT+8
alwayswin111 said...: Hng
Follow you . Buy MNRB 2.95; August 17, 2012 at 11:42:00 AM GMT+8
Teng said...: MNRB-NTA >RM5 PE <7

Dividend yield 5.7%. Even after deducting 25% tax,4.3% nett; August 17, 2012 at 11:55:00 AM GMT+8
Anonymous said...: Teng

ASM in the hurry to payout Duit Raya; August 17, 2012 at 12:19:00 PM GMT+8
Teng said...: Hng

Congratulations on Faber

What is ASM?; August 17, 2012 at 2:47:00 PM GMT+8
alwayswin111 said...: Hng
Hey Huat lo...; August 17, 2012 at 2:52:00 PM GMT+8
alwayswin111 said...: Hng
You can really celebrate Raya... haha.. laughing all the way to the bank.; August 17, 2012 at 2:53:00 PM GMT+8
Anonymous said...: Teng/alwayswin111

If the news that Faber really secure extension after Raya, it will be big-big boost to the share price.

Last time i force to sell at 1.34, to take small profit, now with selloff of WCT-WB, i have capability to keep Faber till news materialize; August 17, 2012 at 2:55:00 PM GMT+8
Anonymous said...: horse

You must be happy too, carry faber at cost 1.32. With today, i joined you at 1.36, Lets laughing all the way to bank together; August 17, 2012 at 2:57:00 PM GMT+8
Anonymous said...: Teng

ASM = Amanah Saham Malaysia hold 6.73% according to last year annual report, But its keep trim down stake to 5.4% now

Other fund holding MNRB are:

ASB: 49.1%
PNB: 11.7%
ASM2020: 5.9%
ASN: 1.1%
ASN2: 0.3%; August 17, 2012 at 3:00:00 PM GMT+8
Teng said...: Hng

Thanks for explaination

Should have follow you on both Faber and MNRB; August 17, 2012 at 3:10:00 PM GMT+8
tcg82 said...: faber
cool nice run; alas earlier i q 1.35, may have to adjust.
thanks hng; August 17, 2012 at 3:15:00 PM GMT+8
Anonymous said...: Teng

horse and others may feel i'm wired though, already sold at 1.34, now buy back at higher price, 1.36!?; August 17, 2012 at 3:28:00 PM GMT+8
Teng said...: Hng

This is how you made your money. One article I read few years ago about biggest mistakes in stock investment. One mistake is keep holding stocks because current price is below cost,but sell stocks because already make money. I think until today I still can't overcome this. Have to learn how to cut loss; August 17, 2012 at 3:38:00 PM GMT+8
tcg82 said...: hng
faber, i think there is more upside. recent tp rhb 1.62, midf 1.71, cimb 2.34 & osk 2.34
let's huat cheers; August 17, 2012 at 3:41:00 PM GMT+8
Anonymous said...: tcg82/Teng

Have you got your faber today yet?; August 17, 2012 at 3:50:00 PM GMT+8
Anonymous said...: My another core stock, brem Holding seem also move a little bit; August 17, 2012 at 3:51:00 PM GMT+8
tcg82 said...: hng
was trying to add more faber, now 1.39 hohoho; August 17, 2012 at 3:53:00 PM GMT+8
cheeheng said...: all holding faber r all smiles...:)^^; August 17, 2012 at 4:02:00 PM GMT+8
Teng said...: Hng

I did not chase Faber

When KAsset distribute cash+IGB Reits to shareholder,IGB will receive lot of cash being major shareholder?; August 17, 2012 at 4:05:00 PM GMT+8
alwayswin111 said...: Hng
I think your play is good. Sometimes we have to sacrifice some stocks in order to buy others. We must always keep ih mind how much we are invested. Never go overboard. For me in this toppish market, I will only go in if I have exited one counter.
I sold off Genting today , thats why I went into MNRB. Not that I did not trust your judgement earlier but bcose I still have Genting , I put a hold on MNRB.
Thats the reason I miss out on Faber too. Bcos I have funds tied up in IHH.
Hng keep it up... your play is good and safe.; August 17, 2012 at 4:08:00 PM GMT+8
Anonymous said...: Frankly, ever since i bought WCT-WB, i can;t sleep well........ my paper profit swing from 5 digit to 4 digit and until yesterday 3 digit............Lucky, i get off all WCT-WB today, and manage to realize my dream 5 digit profit. I considered myself lucky enought as yesterday already decided to sold off all, but later buyback 2/3 for intraday gain and only today sold off these remaining 2/3 at higher price.

All cyber friend, please bump me up if next time i insist to buy any warrant again, wake me up as scarified sleeping time is utmost painful. I rather pick wining stock rather than venture again in warrant, even with smaller profit margin like what i did last few years, small and slow profit accumulate over time become big eventually........; August 17, 2012 at 4:21:00 PM GMT+8
Anonymous said...: Teng

Soon after IGBREITs listing, especially if these REITs continue up perform. IGB as direct beneficial will benefit and special dividend is very possible.

Tan Family control stake only at IGB level through Goldis. The only way for Tan Family to benefit is dividend payout from IGB level; August 17, 2012 at 4:29:00 PM GMT+8
tcg82 said...: hng,
wct got ce expiring 30aug, so it seems IB pushing down wct last few days but contract news last night
wct got too many pluses to ignore and heaps research (esp you ^_^)
think 29-30aug we can relook wct-wb (expiring 2013) or wct-wc (expiring 2016)
anyway not suggesting to load up heaps ;) cheers; August 17, 2012 at 4:33:00 PM GMT+8
Anonymous said...: tcg82

If opportunity arise, i will only think of WCT, no more its warrant. Can sleep well is more important than chasing profit; August 17, 2012 at 4:39:00 PM GMT+8
Teng said...: TCG82

WCT-CE exercise or reference price is 2.88.So issuer no need to do anything now. Even WCT goes up to 3.00,issuer only need to pay 4 cents to holder( ratio is 3). Normally all these CWs issued at 15 cts; August 17, 2012 at 4:43:00 PM GMT+8
cheeheng said...: hng

i hate trading warrants.many times lost money. still remember punting on Renong warrants long time ago.lost big time. stayed away frm warrants since.; August 17, 2012 at 4:43:00 PM GMT+8
alwayswin111 said...: Hng
I agree , at times like this maybe we stick to the mother.. Good advice from you... and congrats again. Looks like we all made money for Raya.; August 17, 2012 at 4:51:00 PM GMT+8
Teng said...: Dear All Cyber friends

Wishing all of you happy holiday.

My trade today-Sold WCT-WB at 31cts,sold Affin-CF at 16.5 cts,bought MNRB 2.95&2.97; August 17, 2012 at 4:54:00 PM GMT+8
Anonymous said...: Today is my lucky days, manage to get rid all warrant + 5 digit profit, mind very peace and happy now, i think tonight i can enjoy sleeping time.

To all cyberfriends:

Happy Raya and enjoy holiday; August 17, 2012 at 4:58:00 PM GMT+8
tcg82 said...: congratz all who lol 2 d bank 2day
selamat hari raya n heppi holidays cheers; August 17, 2012 at 5:02:00 PM GMT+8
cheeheng said...: happy holidays e'body...:) catch u all next wk.; August 17, 2012 at 5:06:00 PM GMT+8
alwayswin111 said...: To all
Happy holidays . Let's take a good break. Enjoy with your family .; August 17, 2012 at 11:39:00 PM GMT+8
horse said...: WOW !!! Congratz hng !!! hng, sometime we have no choice buy higher we can sell higher. Good job my friend. ^^

teng, tcg82, alwayswin, cheeheng & the rest, Selamat Hari Raya & Happy Holidays. !!!

I will post my trades tomorrow. ^^
Maybe highlight here a bit.

Too bad sold Faber at 1.35.
Sold 1100units KASSETS at RM9.18 still keeping some. ^^
Sold MAYBANK at RM9.04.
Bought in SUNREIT. :)^^; August 18, 2012 at 12:35:00 AM GMT+8