@yingzhe17 when you buy a REIT it's like buying a property to earn rental income

Do you buy an apartment to rent out and then ask the agent how much it's worth every month? No. You buy and then you keep for YEARS.

REITs are not for capital gains.

Yeah with that kinda spread only suitable if you gonna buy and hold for long time.

@limyuwei what u mean is Pref. shares less liquidity is it? Hence it will be hard to liquidate your holdings.

Large gap between buyer's bid vs seller's offer

Am I right?

Wah what happened Genting U-turn upwards lol

If buy to hold now is a good opportunity to accumulate, net yield 4.9%.

But limited growth. Office oversupply at KL City Centre esp when that Razak apanama building completed. Remember, KLCCProp is not 100% retail, it's quite office-heavy.

Topped up, TAANN is now biggest holding of my portfolio.

Personal TP 3.70

LPI General Insurance strong only

Allianz both also strong

@DestinyL I'm jealous of your ability to "show support" lol

I stopped collecting since September no balls to ride up hahaha

My style is buy low and wait

KYY every day also promote gloves...

Here's a template of reasons when someone promote, upgrade a stock you not yet own/own enough:
1. [The person/company] just want to push the price to let him cash out.
2. [The person/company] is greedy.
3. [The person/company] has bad motive

There you go!

Main main burn some gloves first...

Page 4 of:
https://ceomorningbrief.theedgemalaysia.com/pdf/2020/20201215_CMB_0101/i9y2sq.pdf

Infection outbreaks aside, JP Morgan over the weekend had recommenced coverage of Top Glove, and initiated coverage of Hartalega and Kossan, setting fair values way below the prevailing share prices of glovemakers.

It set a fair value of RM3.50 for Top Glove (with an underweight rating),
RM8.50 for Hartalega and RM3.80 for Kossan, with its analysts expecting glove prices to weaken in the second half of 2021.

JP Morgan analysts Jeffrey Ng and YY Cheah noted that the glove sector has become crowded, “implying significant downside momentum”.

“Near-term concerns on rising costs, plus long-term overcapacity risk, spell downside risks. Once Malaysia lifts the short selling ban, downward pressure could be amplified,” they wrote.

who pulled down the index at noon trading? hmm...

luckily Genting still green

@limyuwei thanks for that info/link

@Snowpiercer

https://www.investopedia.com/terms/p/preference-shares.asp
https://www.investopedia.com/terms/p/preference-shares.asp

Preference shareholders have no voting rights.

They are like a hybrid of equity and bond.

Bondholder get a fixed % of interest payment every year
Preference shareholder get variable amount of dividend per year

@DestinyL now I upgrade wo

Upgrade also nak bising. Susah la you ni

I hereby upgrade my TP from 1.00 to 1.50

GBP1.00 to USD1.50

@fachoi :P

@sakurako best example/case study is these 2 counters I'm holding

MMC vs AxisREIT

I know they are not same sectors, but good to illustrate the principle here.

Return on Equity (this number is independent of share price)
MMC: 2.82%
AXREIT: 10.30%

Earnings Yield (this is calculated by reference to share price)
MMC: 9.70%
AXREIT: 7.41%

At CURRENT PRICE, MMC yields better earnings than AXREIT.
But, AXREIT the more efficiently managed company.

:)

@sakurako then u have to know the difference between a good company vs a good investment lo

A good company u can keep forever, riding thru ups and downs with it like a loyal shareholder, because over time, u will almost never lose money on it

A good investment on an average company, u need to learn when to sell to take profit and move elsewhere

There is a difference

@DestinyL I think as long as annual dividend yield beats 1-year FD rate, can keep

With NPG driving their Life business growth, they can easily grow

NPG damn aggressive

Congrats to those who picked up cheap 4:50PM last Friday.

@wallstreetrookie

A good investment may not be a good company
A good company may not be a good investment

It's all about valuation.

E.g. MMC vs PPB, who is better? Management-wise, my vote is for PPB anytime. But for investment currently, of course MMC.

Those soh-lou and blind traders that cannot differentiate between the 2 principles.

@Kon Lim Chai my personal TP is RM17

@fachoi +100 fact

@jackey ridiculous TP of Genting is...







...ask shareinvestor88 :P

As soon as everyone knows the death rate of the virus and that it can be avoided by practising personal hygiene, recovery of Genting is a matter of fact la

@Sharefisher when I start buying at 3.70 and then 3.10...everyone say I'm so-high hehehehehe

Please don't spread panic here with ridiculous TPs.

TP GBP1.00 is very possible.

Lol ok boomer

Your wife gave u green hat or your ED liao? So damn emo wahahahaha

@DLLKT +100

Sharing ideas and not name-calling

Thumbs up for u

All those so-called stock market "sifus" - take their words with a grain of salt.

If they are so good they will max their credit cards, refinance their home and borrow from Ah Long to huat on stock market.

Why would they even post on blog or a video to "enlighten" us?

Charity? Nahhh

Eh I though Preference Shares work just like bond i.e. the dividend rate is fixed? How could the parent ask them to declare more? If declare more also should be for ordinary shares. Correct me if I'm wrong thanks

@Zuliana I laki la XD

@Zuliana dah kahwin? Kalau belum come to abang, abang kasi ring baru XD

@gemfinder nanti sot kao sei LOL

if you hold Genting shares, u don't need a girlfriend

Steam ah! XD

10.18 come to me XD

Then next Monday go back up

Big institutions dumping will drag the price down to an irrational level, only for it to recover the next trading day. Remember the MSCI rebalancing day?

I plan to go see at 4:44PM what's the prices on sale then hehehe

Mana tau dapat kutip ayam mati XD

@investmalysia let's see today TNB 4:50PM can pick up some at RM10.00+/- or not hehehe

@2225566 I SOLD at 15 years ago hahahahaha

@Lee Eric I bought since March 2020 at RM12.62 LOL

9 months liao XD

Report that xiaodi for spamming to bump up his post count

KYY every day blog also talk about glove not sien?

Say already ma TP GBP1.00

@DestinyL LOL

Glove can go die together with Covid-19 when it's over XD

Anyone had any idea on how that "offer" would be made?

https://ceomorningbrief.theedgemalaysia.com/pdf/2020/20201211_CMB_0100/dh217p.pdf

Meanwhile, Petronas is also offering
140 million stapled securities, or 7.75%
of KLCCSS, comprising KLCC Property
Holdings Bhd and KLCC Real Estate Investment Trust, to investors at RM7.12 per
stapled security. The chunk of securities is
valued at RM996.8 million at the offer price,
which is at a 6.03% discount to its five-day
VWAP of RM7.5765 up to Dec 10 and a
5.7% discount to its closing price of RM7.55.

@FundaStronk who say no one buying? I've been holding since March, average cost 2.47 :D

@InvisibleHand I don't trade, I INVEST :)