If you are not desperate for cash flow, actually no need to worry a lot. Yes for sure dividends will be sucks. However pls remember you are holding assets via REIT, YTL assets already worth the money itself. You will you simply sell your condo/house/shop lots if the rental income is less?
Not going to sell until covid19 is gone... Don't really need the money now so I can wait another year or more and double up my money ^_^ Just like all the stocks in 1998 and 2008 after recovery phase..
If the cases are mostly from foreign workers especially workplace clusters, most likely gov will allow limited operation of hotels to move the economy...I think gov cannot afford to restrict economic activities any longer. Seems like they are confident that gradually opening up won't affect the covid-19 situation much
Many people think YTLReit is GG for me YTLreit is time to collect.
Why i say that, everyone know eventually covid will gone/disappear or fully recover soon. Try to ask your friends, relative, wife or husband. IF TODAY THE WHOLE WORLD COVID IS FULLY CONTROL WHAT YOU WANNA DO??? I believe many people will answer TRAVEL, MARRIED, DO EVENT.. We have being lock in the country for almost 1 year.
Imagine TRAVEL we need to stay in HOTEL, MARRIED we need HOTEL, DO EVENT we need HOTEL.. Based on this I believe is time to collect.
I believe during the first MCO in 2020, people were scared which cause the market to crash and price to be very cheap. This year it would not affect the stock as much as it did last year even though the government extend MCO. Once covid 19 is out of the picture the price will soar again. Prices might drop further if the extension is until end of the year which is very unlikely as that would cause our country economy a lot of money. Most people are scared right now and sell this shares which is causing the price to drop but they will regret their decision once they see the price making new highs once there are good news.
Negri Sembilan government departments and agencies are encouraged to hold official events in hotels to help revitalise the local hospitality industry, which has been badly affected by the Covid-19 pandemic. Mentri Besar Datuk Seri Aminuddin Harun said they were free to hold events in any hotel, provided it was within their budget.
"Our intention is to help the hotel industry, which had been badly hit by the pandemic. "And since inter-district travel is now allowed, we strongly encourage our state departments and agencies to hold their programmes or seminars there," he told reporters after chairing the state exco meeting at Wisma Negri on Wednesday (March 10). Aminuddin said department heads must also ensure that all financial rules are complied to and there is no abuse or wastage. He said since inter-district travel was allowed since March 5, tourists have started returning to tourism spots such as in Port Dickson. "I was told that Port Dickson was a hive of activity last weekend. "It is good to see hotels as well as other tourism-related businesses getting busy again," he added.
mana boleh dapat this price after covid? most of the Reits are at a very low price now imo. when everything's back to normal, dividend will be very attractive
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Lyo82
396 posts
Posted by Lyo82 > 2021-01-16 10:33 | Report Abuse
If you are not desperate for cash flow, actually no need to worry a lot. Yes for sure dividends will be sucks. However pls remember you are holding assets via REIT, YTL assets already worth the money itself.
You will you simply sell your condo/house/shop lots if the rental income is less?