HWZ Forums

Login Register FAQ Mark Forums Read

BEWARE of Reitscanner.com

Like Tree2Likes
  • 1 Post By soooony
  • 1 Post By addict951
Reply
 
LinkBack Thread Tools
Old 17-06-2020, 10:52 PM   #1
Junior Member
 
Join Date: Dec 2006
Posts: 18
Angry BEWARE of Reitscreener.com

Sharing my experience.

I attended probutterfly’s (Tam Gim Wien) "The Essential REITs Toolkit Webinar" and was introduced to their reitscanner. In the session, he kept emphasising it is free.

True that it is free sign up and some basic info available but when I click on the “Price to Book Ratio” that he kept referring to in the session and “TTM dividend yield”, it brought me to the premium US$99 sign up page. I thought fair enough to pay for his efforts and after sign-up, it tried to up-sell me another US$199 add on that I wasn’t introduced to before. I thought a common upselling tactic.

When I try to click on “Price to Book Ratio” and “TTM dividend yield” again, it prompted now that I need to buy the $199 add-on! This type of upselling tactic is no different to scamming people by withhold information on the actual costs. How do one know that there won’t be another package that I need to sign up again....

Sharing here so no one else will get scammed by reitscreener.com

I thought he has a good reputation in stock analysis, wonder why he has to resort to such tactics.
commie_rick likes this.

Last edited by soooony; 17-06-2020 at 11:07 PM.. Reason: Typo
soooony is offline   Reply With Quote
Old 17-06-2020, 11:35 PM   #2
High Honorary Member
 
addict951's Avatar
 
Join Date: Feb 2002
Posts: 152,629
There’s a thread in money mind forum here discussing (negatively) about these trainers. Check if his name is there.
addict951 is online now   Reply With Quote
Old 18-06-2020, 09:32 AM   #3
Supremacy Member
 
Join Date: Apr 2017
Posts: 7,337
It's best to ask around before you click the pay. There are many trainers suddenly appear during this covid19 period.
I watch youtube and it's free
Andrew833 is offline   Reply With Quote
Old 18-06-2020, 10:37 AM   #4
High Supremacy Member
 
Sadisticnoob's Avatar
 
Join Date: Jun 2006
Posts: 34,454
Ttm dividend yield and pb can get from yahoo or something

Sent from HUAWEI INE-LX2R using GAGT
Sadisticnoob is offline   Reply With Quote
Old 18-06-2020, 10:43 AM   #5
Senior Member
 
Join Date: Oct 2009
Posts: 566
May try Reit oracle and it free.
https://www.reitoracle.com/browse.php
yoongmy is offline   Reply With Quote
Old 18-06-2020, 12:03 PM   #6
High Honorary Member
 
addict951's Avatar
 
Join Date: Feb 2002
Posts: 152,629
Btw, reits ar, yall should come here and learn from us, esp. ppl like Paul who has been holding Suntec (amongst other reits) since IPO and survived 2008/2009.

Also, only buy branded reits managed by Cap, Maple, frasers & ARA (I know Paul, recently the ARA reits have not been been performing up-to-par.)

Also ppl, very basic one: reits need ppl. Shopping ctrs need shoppers. Office buildings need office ppl. Warehouse/factories need workers. Hotels need tourists. Hospitals need patients.
If you walk around a property and notice many boards hoarded over shop units and very low human traffic, you know what to do
Andrew833 likes this.
__________________
HWZ's 2nd Honorary Member on Jan 28 2009
addict951 is online now   Reply With Quote
Old 18-06-2020, 12:27 PM   #7
Member
 
Join Date: Jun 2020
Posts: 222
Need not read ones lah .
Many do the same TA/FA & try to discover the same ‘hidden gems’ .

Grabbed the better stocks when many wet their pants like in March /April.
10-50% capital gain in 1-2 months.
发哨子2020 is offline   Reply With Quote
Old 18-06-2020, 12:58 PM   #8
High Supremacy Member
 
reddevil0728's Avatar
 
Join Date: Dec 2005
Posts: 32,707
__________________
Whatever floats your boat...
reddevil0728 is offline   Reply With Quote
Old 18-06-2020, 01:41 PM   #9
Junior Member
 
Join Date: Dec 2006
Posts: 18
Thank you 🙏 Silly on my part to believe in his reputation. I hope the rest of the attendees didn’t get conned to buy their US$468 bundle which includes ton of other contents which I don’t see the need.

Last edited by soooony; 18-06-2020 at 01:50 PM..
soooony is offline   Reply With Quote
Reply
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Terms of Service for more information.


Thread Tools

Posting Rules

Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On