First entry at 1.22 using 1.3% capital. Queueing to add more at 1.21. This REIT is above average, and can be bought more at lower prices. If it fills me at 1.21, it should bring me to 2.5% capital. This is about the right size for me for this good REIT. Can hold and ignore longer term. Yield should edge out EPF over next 10 years IMHO.
PVBJ will be fine. It's located in an affluent area with the nearest competitors being Midvalley and Pyramid - which are miles away. Also pay attention to the new developments coming up in its surrounding.
@stockspal good analysis but perhaps slightly pessimistic. PAVREIT added 0.72bil private placement in May 23 and within 2 quarters managed to deliver record DPS - that's earlier when PVBJ has a lower occupancy rate. Based on today's share price, it's EPS and DPS are superior to most other major REIT including the mentioned SUNREIT and IGBREIT.
Speakup.got 2.5x more Sunreit than Pavreit. Why? Because Sunreit is a Diversified REIT whereas Pavreit is pure Retail REIT. COVID has shown that diversified are safer than a pure retail
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!
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....
notinside751
151 posts
Posted by notinside751 > 2023-08-08 11:38 | Report Abuse
so many changes in committee.