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Dolmen City REIT (DOLM)

Karachi
Currency in PKR
Disclaimer
15.75
+0.69(+4.58%)
Closed

DOLM Price Commentary

What is the tax rate on REITs Dividend in Pakistan specifically Dolmen City Reit?
Is it true the tax rate has been reduced from 25% to 10%?
no. Still 25%
Today's May 25, and there it goes 10.94+ as expected. Now I am waiting for 12.13+ which may however take time.
Please read previous post what I said on July 3, 2020 that it would come down 9.46. It has. Todays bid is 9.44. Nothing genius, it was duhh obvious. The other obvious is, it would go up +10.94, and in time +12.13. Fundamentally, this stock doesn't lack a thing, but hate high rate of tax on its dividends. Only if they could raise dividend to 1.60, there would be no looking back on this stock.
Could you please tell me what is the tax rate on REITs Dividends in Pakistan specifically Dolmen City Reit?
Let's see if government reviews its tax rate of 25% on this REITs dividends. 25% is unfairly high. The stock would become very attractive if the tax rate cuts to at least match other stocks whose dividend is taxed at 15% rate.It is a stable stock and a not-bad hedge against inflation even now, however if tax rate falls to reasonable levels, it would become very attractive. There are news that government has tasked FBR to review taxation. fingers crossed.
After waiving off 100% Rents for June, Dolmen has again waived off rents for July 2020. The mall would take ages returning to normal after Covid-19. The July 9 Board Meeting was anticipated for Dividend Declaration but it announced waiver of rents.
yes you are ryt but it is true for short term at least as lockdowns are getting less stricter and people slowly adapting the normal ones routine hope these rent problems will be getting to an end
ryt time to buy it at 10.20 to 10.30 levels
as their dividends payment and their rev increasing yoy gradually with handsome marginss hope you will understand
It will come down to its previous 9.46 Support. The Asset is closed, the businessis shut, have waived 100% rent which means Negative EPS. No dividend for a long time. Previous owners shedding it carefully not letting the price drop and newbie enthusiasts herd buying it not knowing the reason of it being so cheap at this time. 9.46, that's it. If you must buy it wait for price to hit below 9.75. Better stay away.
very under rated stock
This is an underrated stock. Has strong fundamentals though.
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