1. ALAQAR - Sold all at RM1.35. ^^ DPU likely to be announced next month.
2. WCT-WB - Bought in today at 0.35 and sold back at cost. Lose fee. :( CK, you haven't received your units yet ? Just saw the announcement, tomorrow another batch. :(
3. Watch List - CCM, IGB, YTLP-WB, WCT-WB, MBFHLDG
4. Tomorrow should be another good day to accumulate hopefully. ^^ All the best guy, may the best price be yours always. ^^
5. Good Luck.
Horse,
ReplyDeleteYes, not yet in my account WCT. Sipeh slow.
What about YOU???
horse
ReplyDeletesince u like to scalp reits why not scalp Stareit? div. announcement next 2 wks. likely between 4-4.5 sens.
Horse,
ReplyDeleteJust checked my CDS. Masuk liao WCT.
CheeHeng
ReplyDeleteStareit pay about 4 cents dividend last year. I think last year payout was higher because it sold some derivatives from disposal of Lot10 and Starhill to Spore associate.If Starreit can pay 4 cents this or next month,it is very attractive
Anyone check on KASSETS FOR THE CASH DISTRIBUTION RM2.60 ?
ReplyDeleteHi all,
ReplyDeleteCCM under selling pressure, seem 95-96 sen is current support base.
WCT also under selling pressure, i think due to quick profit taking by warrant converter. The discount is getting much lower now
ReplyDeleteJeffrey8586
ReplyDeleteCCM volume much lower now, it remain to see whether it could hold the gain or back to square.
GW plastic surge to it capital repayment level at 1.19 after it intend to maintain listing status. So, shareholder will not only entitle repayment of 1.19, but their shareholding also remain intact await new assets injection
ReplyDeleteIf YTL Power can stay above its MA50 level at 1.62, the upside trend potential will retain. Its next level will be MA100 at 1.68
ReplyDeleteJeffrey,
ReplyDeleteCCM price for toeday is expected.. I beleive it's mostly selling on T+3 today
It look like WCT-WB is also under selling pressure as the discount is getting smaller now. If trade below 30sen, i'll consider to buyin some
ReplyDeletehng,
ReplyDeletewhat do you think of wct-wd compared with wb?
thanks.
Ig
ReplyDeleteI still prefer WCT-WB, its still trade at discount. But must caution not to over trade and must buy at lower price to get safety margin
Bought back CCM at 96.5-97.5sen
ReplyDeleteq sell wct at 2.30.
ReplyDeleteIf manage to sell this mean my wct-wb I sell at 2.30 - 1.85 = 0.45
Hoo La la.
I will convert again next week.
done, another half see can q 2.33
ReplyDeleteteng
ReplyDeleteaccording to this article in The Edge Financial Daily Starhill REIT’s latest proposed acquisition of three five-star hotels in Australia is expected to be earnings accretive and result in higher income distribution to unitholders. Three Marriott hotels in Australia for A$415 million The properties — managed by Marriott International, a leading hotel management and franchising company — are all freehold and situated within the commercial business districts of Sydney, Melbourne and Brisbane.
The three hotels are valued at A$415 million combined, or about RM1.31 billion at the current exchange rate. Starhill REIT is working its balance sheet harder. As at end-March this year it only had RM180 million in borrowings and cash of RM145 million or net gearing of just 2%. The trust intends to fund the entire purchase with borrowings and existing cash. No new units will be issued. Thus, existing unitholders will get the full benefit of the additional net earnings.
We estimate net gearing will rise to about 44% upon completion of the exercise, below the maximum 50% for REITs. The deal is targeted for completion by end-2012. This means we should see at least six months’ earnings contribution from the new properties for the trust’s financial year ending June 2013 and full-year impact in FY14. Based on our forecast, income available for distribution will rise to 9.41 per unit for FY13 and 11.68 sen for FY14, compared with our original estimate of 6.9 sen per unit.
This translates into very attractive yields of 9.4% and 11.7% for the two years at the prevailing price of RM1, assuming 100% payout ratio — the highest among all locally listed REITs.
teng
ReplyDeletebtw, i manage to grab some Stareit@1.09 on Monday. nice :)
HORSE,
ReplyDeleteU got ur WCT????
want to check nominee faster or direct faster???
chee heng,
ReplyDeleteI concur to you regarding the finding on Stareit. I think it is a good buy now looking at the potential net profit increase from the 3 new properties.
I am holding some @ 1.1. A little on the high side though :P.
Just started to join this blog and hope to able to learn from everyone here and of course HUAT together!!!
CheeHeng
ReplyDeleteThanks for the info
I bought Starreit in 2009 at cost of 73-80cents. I already received >20 cents in dividend.
Starreit is now of of my biggest holding in my portfolio
teng
ReplyDeletewow, keep it fr a few more yrs n it'll be like free!
Cheeheng
ReplyDeleteActually Atrium Reit and Axis perform better. Remember I bought Axis at 1.37(Sold <1.50) and Atrium at 68
teng
ReplyDeletespeaking of Atrium n Axisreit i also hav both,the latter which i bot years bck at 1.29 ! :)
marcB
ReplyDeleteneveramind,this one's 4 long term. if it the goes lower buy moRe!
Cheeheng
ReplyDeleteWow,you got Axis in 2009?At that time,DY is >10%. In fact most Reits offer min 7-8% DY. I bought Bsdreit,Axis,Atrium,Alaq but sold all for profit. Now keep Starreit,Twrreit,UOAReit only
Teng
ReplyDeletecan't r'mber the yr i bought Axis,only the price.luckily i did not sell it.
How to convert wct-wb to wct.
ReplyDeletehttp://ck5354.blogspot.com/2013/01/wct-wb-sell-at-045.html
For all of you that interested to convert.
ck5354
ReplyDeleteLTH currently is major support to WCT share price. Thus, converting warrant now still viable to make 30% based on warrant price or 5% based on total capital investment.
Kamsia Hng.
ReplyDeleteHope it will not bashed down to 2.20.
Thanks Hng & LG for your comment on CCM. From the queue volume,look like the SM is accumulating before the next push up > RM1. Hopefully this is true. Still holding CCM bought on 31st Dec.
ReplyDeleteHi Jeffrey,
ReplyDeleteDelayed update on my holding - sold some yest at 1.00 and still holding some.
Muhibah look attractive at current price.waiting for catalyst and volume before entering.
ReplyDeletehttp://www.theedgemalaysia.com/index.php?option=com_content&task=view&id=228575&Itemid=170
Bought Cypark at 1.65
ReplyDeletesold all at 2.30 wct.
ReplyDeleteAMedia-W start listing next Tuesday!
ReplyDeleteASIA MEDIA GROUP BERHAD
LISTING'S CIRCULAR NO. L/Q : 66855 OF 2013
Pleased be advised that AMEDIA's 250,800,000 Warrants issued pursuant to the Free Warrants Issue will be admitted to the Official List of Bursa Securities and the listing of and quotation for the Warrants on the ACE Market will be granted with effect from 9.00 a.m., Tuesday, 8 January 2013.
With Kassest declare capital repayment of 2.60, IGB being the largest shareholder will entitle most of it. IGB will turn into cash rich company as much as net cash RM 1.00/share
ReplyDeleteBoth YTL power and WB turn better position now, if YTL Power can stay above MA50 of 1.62, it will resume uptrend.
ReplyDeleteH'ng,
ReplyDeleteAny idea what would be fair value for Amedia-W based on mother price of 20.5 sen.?
YTLP seems good... i'm in @ 0.45.. thks for sharing :)
ReplyDeleteJeffrey8568
ReplyDeleteI think Amedia-WA should be able to trade above 5sen
CK
ReplyDeleteIf Amedia WA >5cents,then 21+21+5=47 cents is same price before ex bonus
yh
ReplyDeleteYTL Power manage to stay above MA50 and closed unchanged at 1.64. Very good sign it will resume uptrend next week. If share surge on news either privatize or divestment on local power plant, it will subject to re-rating, upside TP 1.80-2.00; and YTL Power-WB TP: 60-80sen.
Today, portfolio also manage to accumulate more Acoustech at 63sen
ReplyDeletehng
ReplyDeletethanks again hng. Appreciate.
i wont be able to catch up YTLP without u guys analyst... there are too many counters out there to monitor/study... i will bear my own risk. lets huat ;)
@Hng,
ReplyDeleteAny good news on Acoustec? The volume looks very thin.
Jason Lim
ReplyDeleteAcoustech is cash rich company, its net cash is 38sen/share, with estimate EPS at 6.5sen, PE 10x, Acoustech afford to payout most of its earning as dividend.
Normally, Acoustech will declare dividend in Feb together with its Q4 result, if Acostech maintain last year payout 5sen TE, the dividend yield is 8% nett
yh
ReplyDeleteYou welcome, Lets 'HUAT' together
Jason
ReplyDeleteAllow me to brief on Acoustec
Acoustec( and Formosa Prosonic)are Taiwanese owned company.They mainly produce coating( paint) for electronic device( TV,speaker etc). Their technology is from Japan(licensing)and main customers include Sony.
If I rememeber well,Acostec is in net cash position,and also diversify into drinking water dispenser
My company supply raw material to Acoustec's technology partner in Japan
Hi Hng & Teng,
ReplyDeleteThanks for sharing Acoustec profile.