Sunreits is one of the biggest REITS in terms of capitalization in Malaysia. Besides Sunreits,
I also on the look up for AXREITS which also have a very good management team and
good growth track record which listed since 2005
SUNREITS is a new REITS launched recently last year (2010) and she has appreciated for 29% since her
IPO. So, with the 6% div paid throughout the whole year, one would have gain 35% for
a year. Not bad right ? If you compare that you have invested in CIMB since last Sept2010,
you will not able to gain any paper profit or I would say about breakeven at this point of time (if include those dividends) . Since REITS is a defensive stocks, she will stay for a while during the volatile markets, but
bare in mind, NO stocks will survive if there is a prolong downtrend.
Anyway , if you take it as a long term investment say (10~20 years) then there will not
be any issue for you even there downtrend is prolong. One must be discipline and not be
emotional affected when making long term investment. My meaning is even you see your
stocks is going toward paper loss, one must be persistent to do dollar cost averaging (later I will talk a bit on dollar cost averaging strategy) and maintain it throughout the whole downtrend. Definitely, the stock you choose must be very fundamental strong in order to fulfill the old saying " what goes down will comes up ". By the way, most REITS are quite fundamental stable.
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