Billy Looi's comment on YTLREIT

Billy Looi's comment on YTLREIT. All Comments

Billy Looi

4 Like · Reply

bought too many reits to understand clearly that any reits price won't survive once they announce cut dividend.

market will price in the cut and adjust accordingly back to 6-7% div rate pricing only become support level.

17 hours · translate ·

Jonathan Goh

Hi Billy! Long time no see! Seems we are in the same shit altogether but I honestly think it's a good time to collect more

Like · 14 hours · translate

David Ngeow

enter at 1.16 maybe can buy more if it go lower.

Like · 14 hours · translate

Billy Looi

hey Jonathan, long time no see you around here. how r u ?

Safe assumption : next div payout rm0.04 + current rm0.029 : To get a safe 6% return, the pricing would be RM1.1.

If next div return is still same rm0.029 then pricing need to be rm1.00 to get a 6% return.

Take into consideration of foreign currency AUD risk and asset heavy, i will only consider at rm1.00 as margin of safety.

For now. 6% return most bank stocks can give this rates. Won't consider this REIT for now.