Hi @passionateinvestor I may sound pessimistic in the article, but pavreit is actually my largest holdings. It is more like 恨铁不成钢。PavBJ shall do much better in 2024 since there are up to 59% of NLA will be up for a renegotiation this year. I have high hopes.
PAVREIT closed RM1.32. Nice. After my initial entry at 1.22, I added more as it weakened, with an average buy cost of RM1.21. When foreigners comes to Bursa, they seem to like this one more on the REIT space for obvious reasons.
Pav has known to be cyclic & would be interesting to see it’s performance after the 1st and 2nd dividend for FY24. A good one for both dividend and it’s predictable price fluctuation for gains
Learn something today, pavilion major shareholder is qatar not Lim?
MAJOR UNITHOLDERS AS AT 31 JANUARY 2024 No Name of Unitholders Direct Interest No. of Units % Deemed Interest No. of Units % 1. Qatar Holding LLC 1,008,900,000 27.62 - - 2. Tan Sri Lim Siew Choon 845,425,000 23.15 - - 3. Puan Sri Tan Kewi Yong 281,875,000 7.72 - - 4. Employee Provident Fund Board 396,072,117 10.84 - -
Im confident that Pavreit will back to RM1.50 within 6 months. Cheapest under value reit stock. Good div yield, good EPS, bigger potential for better profit at RM1.29 now
Not to be awkward @KingKKK, but a quick check in Google shows that pavreit dividend yield is at 6.98% today, highest among all the 5 stocks mentioned...
PAVREIT powers up. +4 sen. Thanks to 28 greens (including PAVREIT) offsetting 12 reds, my portfolio hit new all time high again as KLCI also powering up too. Everyone happy!
Pavilion, KLCC still reign supreme in luxury shopping as TRX Mall fails to stir market — Kenanga
savemalaysia Publish date: Wed, 23 Oct 2024, 02:28 PM KUALA LUMPUR (Oct 23): Shopping malls under Pavilion Real Estate Investment Trust (KL:PAVREIT) and KLCC Stapled Group (KL:KLCC) still reign supreme in the luxury market even after The Exchange TRX Mall opened to much fanfare, said Kenanga Investment Bank.
In a report focusing on the luxury market, the research house said its own survey indicated that both footfalls and sales for most brands in TRX Mall have fallen since their opening. Several retailers struggled to meet targets and a majority generated less than RM1 million in monthly sales, it noted.
Major holder husband and wife sell own hotel to own company REIT, maybe they sell cheap so that they sacrifice personally and benefit REIT company and other public shareholder..hahaha
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....
stockspal
2 posts
Posted by stockspal > 2024-01-28 21:11 | Report Abuse
Hi @passionateinvestor I may sound pessimistic in the article, but pavreit is actually my largest holdings. It is more like 恨铁不成钢。PavBJ shall do much better in 2024 since there are up to 59% of NLA will be up for a renegotiation this year. I have high hopes.