2015Apr-SUNREIT all time high !

Is been 2 months since I last blog anything, been busy lately and also having a bad cough for weeks. so no mood to write anything till today.

Well, Sunreit after for 2 years , she hit a high way back in 2013 May (non adjusted price : Highest close at 1.67) . Today she close at 1.70.

Being the only stock that I have keep for 3.5+ years, she is on track of achieving my investment compounding target of 14~15% to be double up by 5 years. I bought her at 1.09 and including those dividend received, she  have gain about 80% from my invested amount. Well, from this progress, I believe I can double up this investment on target of my set period.

I did a projection on the dividend adjusted chart, so the prediction will be Sunreit will climb to 1.90 before another major retracement due for her. Please look below the chart. Lets see this prediction will turn true.

SUNREIT NOV2014 FOLLOW-UP

Is been nearly 2 months since I pen down something.
Is been a bad month for the mid to long term investor as they see their holdings back to their purchase price.

Example : My friend has been holding his Supermx (entry ~2.06) & Pantech (entry ~0.93) since 2013, and as Friday closing , he is at losing/breakeven position after holding for more than 1 year. Supermx close at 2.03 and Pantech at 0.93. Imagine if one is following strictly based on charts to sell Supermx at 2.65 (sell signal for mid term investor, will gain 28%) and sell Pantech at 1.00 (sell signal for mid term investor, will gain 7%).

I believe one really need to know when to sell. There is less than 10% of KLCI's  stocks which really gain consistently  throughout very long term holding. Nowadays every 5 or 10 years will be a big downtrend which will reset all your gains. So, I would really advised KLCI stock investor to learn how to let go of his beloved so call very strong FUNDAMENTAL stock and buy back later.

Sunreit is my long term portfolio, some portion I have been holding for >3 years which give me a good 15% annual compounding while the rest enter later did not do a good job in the annual compounding return. During the downtrend, I have to bear the pain on holding the loses nearly for 7 months. Luckily the downtrend only last 7 months. This time, I will do it differently, I will sell at least 75% (or maybe 100%) of my Sunreit holding when she break my weekly trailing stop at 1.47. Then will come back for her when she show signs of changing back to uptrend. Well , lets see this support 1.47 will hold or not.

2014 SUNREIT FOLLOW-UP

I just checked back when was my last post on Malaysia reits. It was about 1 year ago.
see the link , http://reiccs.blogspot.com/2013/10/still-interested-in-malaysia-reits.html
I would always like to review my long term stock every half a year or 1 year.
So, its been I year, that time I was mentioning about her, I think was the best time to
average down. And I did average her and now my average at 1.37.

Come to think of it, I have been buying her since 2011 (around 3 years+) , she is given me consistently around 6% dividend and now with a price gain of 12%,
Say I add all together all together,  my gain is around 30% which is only a 9% annual compounded returns. So, I would rate it as an average performance investment.
I would like to hold some investment that can give at least 15% annual compounded returns.
With this kind of returns, then only my portfolio only can grow fast, to be double up every 5 years , remember the rule 72?)

Okay, I still decided to hold on further as I still feel comfortable holding this Sunreit as my long term portfolio. The other 2 longer term portfolio would be Matrix & Scientex.

As always caveat emptor.

All my writings in this blog are mainly for my own recording & for Educational reading purposes. This weblog is not an advisory service or market prediction for calling a BUY or SELL call.

Still interested in Malaysia Reits

I found that my recent post of Malaysia Reits drawn the most view page in the recent months. Seems like a lot of silent audience has very keen interest on the REITS that they have bought.

3 months ago (End/June), one of my colleague ask me about what Malaysia stock he should invest in. He is at the age of 50s, he told me he had some money but he wanted to invest in a more secure investment. He actually interested in stocks. I told him, if you dont know much about TA, then you should be investing based on FA. But investing based on FA is a bit tricky as some VERY GOOD FA company share price did not go up instead they are going down or flat. So, in order to have some patience, I told him, I did put some money in REITS for long term purposes. And the 1 things that keeps me going is the dividend (near to guaranteed of around 5~6%). That time I told him about Sunreit and IGBReit that I invested but mentioned HEKTAR gives better dividend (around 7~8%). Then time flies, around Sept,  he see those REITS getting lower and lower, he talk to me again and he mentioned he yet to buy. He told me he worried things may get lower ? I just mention to him this is the best time , SUNREIT was trading around 1.28~1.30. I told him you must implant the courage and strategy, if things go lower, average down using the dollar cost averaging strategy. In the end I think he didnt buy also.

Okay, thats the story part, lets see how M-REITS is performing. They are resisted by 200MA twice and now reversing, if they found a support and form a  HIGHER LOW and and RSI is at oversold. I believe thats the time to enter some position, for me, I will average up/down on my SUNREITS. Currently my cost stood at 1.39 if I were to include all the dividend, it stood around 1.34.

M-REITS seems to me there is a chance of forming a "W" shape reversal or Uptrend line. Anyway, REITS are very slow. So, in order for the shape to form, they may take another month or so. Lets see by then.

Malaysia's REITS follow-up

Its been a while since I follow-up on REITS. Those who have been following my blogs, knows that I'm holding some SunReit , IGBReit & CMMT. Since 26/Jun/2013, the reits have confirmed started going downtrend. Well, since I have been buying REITS as my long term investment, I didnt pay much attention on them in terms of their charts. When I say long term, I meant around 3~5 years. Well, as long as their fundamentals are intact, there is no point to do anything since I buying as a dividend play stock.

I plot a REITS index from selected 5 big REITS (IGBREIT, SUNREIT, CMMT, PAVREIT & AXREIT). One can see, there are still in a short term downtrend, and next 2 weeks will be critical in order for them not to fall into a medium term downtrend.

Lets see, after raya, how they goes. If they rebound as per my target, I may do
a swap IGBREIt into CMMT or SunReit to reduce my diversification (or some expert say diworsification, haha). I want to spend lesser time so I cound be more focus.

If they goes down further, I would do some dollar cost averaging, this will help bring down my average price.
I wont cut loss on my Value Invest Long Term Stocks, as there are not much fundamental change on these stocks. So, I have to stay tune and brave thru the downtrend.

As always caveat emptor.
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20Dec2012 -REITS review

Well, tomorrow will be Doomsday .....21Dec2012 according to the Mayan Calender. We are 1.5 hours away for this date, and time is ticking. Hmm....not many believe this but more people is believing there will be a blackout for 3 days, the effect of this day. Well, if tomorrow is the last day, I still got a lot of things in my life that I haven't try or enjoy, haha. No choice, tomorrow still got to work.

Lets see, CMMT have been going short term down trend for 7 weeks, and today seems like a rebound and broke the immediate downtrend line with some volume. Seeing the bullish divergence show by MACD histo, she strongly indicates that she will climb to her 1st resistance. This resistance is quite a strong one, she really need a good volume especially those big fish to push her through before she able to re-challenge her previous intraday high of 1.98.

Lets see how she goes. Btw today is an up day for Sunreit and IGBReits also. Sunreit broke out from her Symmetrical triangle with a good volume. Stochastic still climbing (Smooth %D yet to touch overbought). MACD histo turn Green. MACD has bullish crossover the centre line.

For IGBReit, nothing much exciting. The only positive thing is 5MA has stayed above 20MA. When you compare this reit with the two above, she really disappoint in terms of performance since her IPO launch. Lets see, she will show some strength in coming weeks. I believe if she able to break 1.35 convincingly with good volume, she will propel with a "V" shape as like those good Fundamentals IPOs. Time will tell.

CMMT & Sunreit follow up

When I mention about them on 3 Sept http://reiccs.blogspot.com/2012/09/cmmt-sunreit-rebound.html , both of them did a small dip, well this minor dip, one have to factor into an investment plan. And today CMMT took the lead and hit  the 1st resistance 1.80 today and close +5.29% while Sunreit try to catch up from behind (a gap up of 3 sen during the matching time 4.50pm, but volume is not as convincing as CMMT). Wow, what a run for a REITS stocks in such a bad day for FBMKLCI (-19+ around 11am, but recovered back to -6.80). Market breadth was negative with 199 gainers as compared to 604 losers. Lets see, she able to break the resistance convincingly or still need to retrace for a while before going up. Will history repeat for CMMT ? See the yellow shadows and the sketch arrow.

CMMT & SUNREIT rebound !

Technically both of them shows a buy signal .
Will CMMT reach her broke through her 1.80 resistance & reach 1.89 ?
What about Sunreit , will she stay above 1.54 and challenge 1.61 again ?
Well, since both of these stock is my mid to long term investment, and now both of them is still uptrending, reaching both of these targets is a matter of time. Remember both of this Reit moves slowly but surely.
The recent IPO (IGBREIT) may put REITS as a theme play.
Lets see how the listing of IGBREIT will affect them.
I also apply on the IGBREIT, as many analyst give at least a 10% upside, so I join in the wagon, can save a bit on brokerage if selected.

Review on Sunreit !

Its been more than 1 year since I bought in Sunreit. Since I started learning trading strategy a few years back, I seldom hold a stock for more than 1 year. But for Sunreit, I'm applying dividend yield investoment strategy. Then again, when Sunreit climb agressively last week, I was tempted to sell some and buy back later. I q to sell at 1.65, too bad, she just manage to touch 1.63 on 15Aug12 and retrace back at the very quick pace. Actually I did check that there is a resistance at 1.60 and the 2nd one is 1.65. Since I'm not so eager to sell as I'm investing rather than trading, so I q for her at the 2nd one. Nevertheless, I'm waiting for another BUY signal  to add some position again. I just use 2 criteria as buy signal for Sunreit : "price action drop back to 20MA and stochastic 14d at oversold and rebound' . I derived this just from the chart history of Sunreit. Just look at those arrow which indicate a good/reasonable entry point.

CMMT -Another Good REIT to consider !

You see that I have been keep Sunreit for nearly a year. She has been trending up since the day she launch. A bit boring stock but good for long term investor.

Another REIT that worth mentioning here is CMMT. She also has been trending up since she was launched but this one I miss to purchase as during that time I just decided to pick one for a long term investment. Then after on and off, I do have a peek on her. She is more volatile in daily terms. So, I think now is a good time for me to purchase some. I realise in these 2 days there are some big fish (5000 lots each time and high buy rate) eating her up till 1.67~1.69 but due to no follow up buy queue to support the medium fish seller, the price went back down to where she is at the opening bell. If the big fish still have more budget buying in then I believe all the medium fish will be drained off in a matter of time and the price will eventually go up, at least back to 1.75. So, lets see how she goes. For CMMT, I believe even short term play is also viable.

SUNREIT - Value Invest Nov2011 Follow up

In Sept2011 http://reiccs.blogspot.com/2011/09/sunreits.html, I mentioned I did
invest in SUNREIT for a very long long term.
Is been 3 months already, seems like my investment is bearing some fruits, though slowly.
I have taken 1 time dividend and the 2nd dividend will be paying on 1/Dec.
Both dividend total up about 3+% and one can expect total annually will be around 6+%.

As my purchase price is 1.09, and today she is at 1.17, she has appreciated about 7%.
Anyway, at this current price, it is not a good entry point, I'll accumulate some more
when she retraces again (1.11~1.12 would be a good entry).
As long as our world do not go through a very long term  recession (or depression),
then I believe we can see REITS will be trending up slowly but surely.
Just an interesting information told by my good friend : Recession is where you still have your job and your neighbour is out of job while Depression is where you and your neighbour also out of job ;)

SUNREITS

Well, yesterday I talk about REITS , actually I have invested in Sunreits just recently.
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.