理财嘛嘛档
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The third quarter financial reporting season is here again. Take advantage of this weekend to update the latest performance and progress of REITs in the watchlist, then organize and share with readers. The year-end work is really busy, I kindly ask readers for understanding as the recent update speed has dropped sharply.
Compared to Singapore's real estate investment trusts, Malaysia's various real estate investment trusts have actually shown quite stable performance in recent years, even surpassing the overall market performance. The real estate investment trusts I've been tracking have been steadily recovering their earnings per share distributions after the 2020 COVID period, with many even surpassing their pre-pandemic performance.
Taking the performance of the real estate investment trust I've been tracking from early 2024 until now (including dividend returns), in this period:
$PAVREIT (5212.MY)$ : 33.66%
$CLMT (5180.MY)$ : 28.41%
$IGBREIT (5227.MY)$ : 28.11%
$SUNREIT (5176.MY)$ : 25.19%
$ALAQAR (5116.MY)$ : 15.55%
$KIPREIT (5280.MY)$ : 8.28%
Such performance can be quite exaggerated, the stock price even feels a bit overvalued, there are really not many choices for me to enter at this time. In fact, apart from industrial trusts, many dividend stocks have achieved the largest annual increase in recent years. Maybe it's because the overall market is unstable, and dividend stocks have become the safe haven of the market?
...
Compared to Singapore's real estate investment trusts, Malaysia's various real estate investment trusts have actually shown quite stable performance in recent years, even surpassing the overall market performance. The real estate investment trusts I've been tracking have been steadily recovering their earnings per share distributions after the 2020 COVID period, with many even surpassing their pre-pandemic performance.
Taking the performance of the real estate investment trust I've been tracking from early 2024 until now (including dividend returns), in this period:
$PAVREIT (5212.MY)$ : 33.66%
$CLMT (5180.MY)$ : 28.41%
$IGBREIT (5227.MY)$ : 28.11%
$SUNREIT (5176.MY)$ : 25.19%
$ALAQAR (5116.MY)$ : 15.55%
$KIPREIT (5280.MY)$ : 8.28%
Such performance can be quite exaggerated, the stock price even feels a bit overvalued, there are really not many choices for me to enter at this time. In fact, apart from industrial trusts, many dividend stocks have achieved the largest annual increase in recent years. Maybe it's because the overall market is unstable, and dividend stocks have become the safe haven of the market?
...
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理财嘛嘛档
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Investing in dividend stocks emphasizes the three words "slow, steady, and patient". These three words may seem simple but few people can actually achieve them, because compared to the thrill of timing the market, this investing approach is truly too boring.
Looking back at the performance of dividend stocks at the end of 2022 (article dated 3 Jan 2023), the average return of the 30 dividend-paying stocks was 7.19%, with a ratio of 20:10 in terms of gains and losses. During the same year, the USA's S&P500 fell by 19.44%, and the Malaysian FBMSCAP fell by 5.30%. Many readers commented that it was just luck, as the dividend stocks happened to perform well at the end of the year.
Looking at the performance of dividend stocks at the end of 2023 (article dated 31 Dec 2023), the average return of the 30 dividend-paying stocks was 13.82%, with a ratio of 23:7 in terms of gains and losses. During the same year, the USA's S&P500 rose by 24.23%, and the Malaysian FBMSCAP rose by 9.57%. Still, many readers commented that it was just luck.
As of October 13, 2024, the average return of the 30 dividend-paying stocks since the beginning of the year is 24.20%, with a ratio of 28:2 in terms of gains and losses. Among these:
18 of them have experienced an increase of 20% or more.
The increase of 6 companies has reached 10% or above.
Only 2 companies have a decrease of more than 5%.
The performance of dividend stocks in 2024 can only be described as unexpectedly good, mainly because these high-dividend, solid companies have become a safe haven for funds in a sluggish market.
The market's downturn in the second half of 2024 mainly occurred...
Looking back at the performance of dividend stocks at the end of 2022 (article dated 3 Jan 2023), the average return of the 30 dividend-paying stocks was 7.19%, with a ratio of 20:10 in terms of gains and losses. During the same year, the USA's S&P500 fell by 19.44%, and the Malaysian FBMSCAP fell by 5.30%. Many readers commented that it was just luck, as the dividend stocks happened to perform well at the end of the year.
Looking at the performance of dividend stocks at the end of 2023 (article dated 31 Dec 2023), the average return of the 30 dividend-paying stocks was 13.82%, with a ratio of 23:7 in terms of gains and losses. During the same year, the USA's S&P500 rose by 24.23%, and the Malaysian FBMSCAP rose by 9.57%. Still, many readers commented that it was just luck.
As of October 13, 2024, the average return of the 30 dividend-paying stocks since the beginning of the year is 24.20%, with a ratio of 28:2 in terms of gains and losses. Among these:
18 of them have experienced an increase of 20% or more.
The increase of 6 companies has reached 10% or above.
Only 2 companies have a decrease of more than 5%.
The performance of dividend stocks in 2024 can only be described as unexpectedly good, mainly because these high-dividend, solid companies have become a safe haven for funds in a sluggish market.
The market's downturn in the second half of 2024 mainly occurred...
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理财嘛嘛档
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This online shareholders' meeting took about 2 hours, and most of the time was spent answering questions. The management always answered questions, and the transparency was quite good. I actually didn't have much expectations for the results that were released after 5 o'clock. The results were mainly supported by hydroelectric power generation, but they were dragged down by Edenor's oleochemical business.
Basically, all kinds of information given by management are quite positive about the future. Currently, it is mostly about planning for the next few years. I believe these layouts will show obvious gains in 2026.
Currently, MFCB can be considered a comprehensive enterprise, covering a wide range of areas of business. Because the cash flow is strong, as long as the IRR of the project is good and you happen to meet a good partner, the MFCB will run to plug in and test the water temperature. The downside is that the market often doesn't value conglomerates too high. If it grows bigger and stronger in the future, it is also possible to spin-off and go public.
MFCB's business strategy is mainly to provide capital through shareholding and deepening the field with high-quality partners. Each business has exclusive partners and experts in related fields. For MFCB, the company values the people behind it more than the business, especially when choosing a partner.
Good people can make a bad business look good
✍️ Q&A
✅ What was the reason for the acquisition of CSCAH?
A: Investing in CSCAH will significantly strengthen Food Security's business. Food security will be...
Basically, all kinds of information given by management are quite positive about the future. Currently, it is mostly about planning for the next few years. I believe these layouts will show obvious gains in 2026.
Currently, MFCB can be considered a comprehensive enterprise, covering a wide range of areas of business. Because the cash flow is strong, as long as the IRR of the project is good and you happen to meet a good partner, the MFCB will run to plug in and test the water temperature. The downside is that the market often doesn't value conglomerates too high. If it grows bigger and stronger in the future, it is also possible to spin-off and go public.
MFCB's business strategy is mainly to provide capital through shareholding and deepening the field with high-quality partners. Each business has exclusive partners and experts in related fields. For MFCB, the company values the people behind it more than the business, especially when choosing a partner.
Good people can make a bad business look good
✍️ Q&A
✅ What was the reason for the acquisition of CSCAH?
A: Investing in CSCAH will significantly strengthen Food Security's business. Food security will be...
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