[Official] REITs CD tracking thread

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rine5

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The continual drop in price of FEHT for the past 4 days as well as today (5th day) is really testing my resolve to hold on to the counter (entry at 0.99) :(

Should i take profits or wait for a rebound? Comments anyone?
 
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staedtler_07

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rine5 said:
The continual drop in price of FEHT for the past 4 days as well as today (5th day) is really testing my resolve to hold on to the counter (entry at 0.99) :(

Should i take profits or wait for a rebound? Comments anyone?
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If you are playing short term capital gains, some profit is better then loss.

If you are going for long term investment, you can just leave it there and collect dividends!
 
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teerance85

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Personally. Cache Yes, cause today XD. Would add more if i have capital. But i would stay away from Sabana.
 
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teerance85

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pokeflute said:
y stay away from sabana?
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Their 100% distributable income ended with effect 2012. So for this 1st Qtr, only 90% will be distributed. So personally being cautious, i would like to see some track record before investing. Additionally, very few news from them though. Some of their lease is expiring, but not too sure what's going to happen next.

Quoted from DW
 
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anfielder

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teerance85 said:
Their 100% distributable income ended with effect 2012. So for this 1st Qtr, only 90% will be distributed. So personally being cautious, i would like to see some track record before investing. Additionally, very few news from them though. Some of their lease is expiring, but not too sure what's going to happen next.

Quoted from DW
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that's not strictly accurate. The distribution is at least 90% but it can be more than 90%.

Sabana Shari’ah Compliant REIT’s distribution policy is to distribute 100.0% of Sabana Shari’ahCompliant REIT’s Taxable Income and tax-exempt income, if any (after deduction of applicableexpenses) for the period from the Listing Date to 31 December 2012. Thereafter, SabanaShari’ah Compliant REIT will distribute at least 90.0% of its Taxable Income and tax-exemptincome, comprising substantially all its income from the letting of its properties and relatedproperty maintenance services income after deduction of allowable expenses, and insignificantfinancing income from the placement of periodic cash surpluses in bank deposits. The actuallevel of distribution will be determined at the Manager’s discretion. The actual proportion ofTaxable Income and tax-exempt income distributed to Unitholders beyond 31 December2012 may be greater than 90.0% to the extent that the Manager believes it to beappropriate, having regard to Sabana Shari’ah Compliant REIT’s funding requirements, othercapital management considerations and the overall stability of distributions
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Paul Lee

Paul Lee

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anfielder said:
that's not strictly accurate. The distribution is at least 90% but it can be more than 90%.
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That's not strictly accurate either.

The reason why REITs pay 90% distributable income is for tax reason.

So they can choose to distribute less but honestly I dun think it has happened yet. :s22:
 
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