quite diversified :)

WCT Group was first established with the incorporation of WCT Earthworks & Building Contractors Sdn Bhd on 14 January 1981 and subsequently changed to its current name, WCT Berhad (“WCTB”). WCTB made its debut on the Second Board of the then Kuala Lumpur Stock Exchange now known as Bursa Malaysia Securities Berhad (“Bursa Securities”) on 16 February 1995 and was subsequently promoted to the Main Market of Bursa Securities on 7 January 1999.On 8 July 2013, WCTB successfully undertook an internal reorganisation and had transferred its listing status to WCT Holdings Berhad (“WCTH”). Consequently, the WCT Group’s various business operations have now come under WCTH.

WCTH is an investment holding company with an investment in two main subsidiaries, WCTB and WCT Land Sdn Bhd which are primarily involved in engineering and construction, property development and investment & management activities.

WCT Berhad
Engineering and Construction Division – the principal activities of the division are engineering works specialising in earthworks, construction of expressways and highways, buildings, related infrastructure works and provision of management services.

WCT Land
Property Development and Investment & Management Division - the division is mainly engaged in the development of residential properties, integrated townships and commercial properties. It is also engaged in the ownership and management of shopping malls, office buildings, hotels and concession assets.

From a humble beginning in 1981 as a one-machine company involved in earthworks, WCT has grown to the size, scope and strength it has today and in the process, evolved into a global brand, recognised for its ability to deliver world-class quality. Over the years, the company has grown to be one of Malaysia’s leading engineering & construction companies and property developers.

WCT's scope of engineering and construction expertise covers F1 racing circuits, airports, dam and water supply scheme, expressways and highways, civil works, rail-based infrastructure works and specialised buildings such as shopping complexes, hospitals and government administrative centres.

The Group’s property development portfolio includes townships, luxury homes, high-rise residences, integrated commercial developments, concession assets, office towers, hotels and shopping malls. WCT currently has a land bank of approximately 820 acres in Malaysia.

The Group owns five shopping malls/centre - Bukit Tinggi Shopping Centre in Klang, the airport mall - gateway@klia2 and SkyPark Terminal in Selangor, Paradigm Mall in Petaling Jaya and Paradigm Mall in Johor Bahru. The Group also owns Première Hotel in Klang and New World Petaling Jaya Hotel in Petaling Jaya. In 2018, WCT ventured into the development and management of commercial and aviation-related infrastructure and facilities at the Sultan Abdul Aziz Shah airport terminal in Subang, Selangor.

In recent years, WCT started embarking actively on sustainable construction and has received various green building rating awards for its projects including the LEED Silver Certification under LEED 2009 Core and Shell Development for the airport mall, gateway@klia2; Green Building Index (GBI) Gold for the Ministry of International Trade & Industry (MITI) Headquarters; GBI Silver for Lot 2C5, Putrajaya (Commercial Office Building) and GBI Certified for the MyTOWN Shopping Centre.

With a workforce of over 2,000 people, the Group’s global presence can be seen in 6 countries ranging from Malaysia and Qatar, to UAE, Bahrain, India and Vietnam.

P/B value fell to ~0.18X, value buy now :)

Maintain HOLD, TP: RM0.47. We remain concerned on its gearing as well as future earnings profile underpinned by its exposure to retail and hospitality segments. This is largely offset by its lower-end valuations at a measly 0.22x P/BV. Given this, maintain HOLD rating with unchanged SOP-driven TP (40% discount) of RM0.47. Our TP implies FY20/21/22 P/E of 17.2x/9.3x/7.6x.

Source: Hong Leong Investment Bank Research - 6 Jul 2020

consider ok. bad time still give dividend in share :)


25-Jun-2020 11-Aug-2020 DIVIDEND_SHARE Share Dividend 1.0000 : 100.0000 Dividend Detail
29-Apr-2019 17-Jun-2019 DIVIDEND_SHARE Final Dividend 2 : 100 Dividend Detail
25-Apr-2018 07-Jun-2018 DIVIDEND Final Dividend RM 0.03 Dividend Detail
26-Apr-2017 06-Jun-2017 DIVIDEND_SHARE Final Dividend 1 : 165 Dividend Detail
28-Apr-2016 01-Jun-2016 DIVIDEND Final Dividend RM 0.0200 Dividend Detail
20-Aug-2015 11-Sep-2015 DIVIDEND_SHARE Interim Dividend 1 : 100 Dividend Detail
20-Aug-2015 11-Sep-2015 DIVIDEND Interim Dividend RM 0.0100 Dividend Detail

shareback, etc can happen anytime :)

Friday, 24 Jul 2020

6:08PM WCT LIM SIEW CHOON (1,170,000 units Acquired)

6:08PM WCT LIM SIEW CHOON (1,170,000 units Acquired)


Thursday, 23 Jul 2020

5:16PM WCT DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)

1:02PM WCT LIM SIEW CHOON (1,560,000 units Acquired)

1:02PM WCT LIM SIEW CHOON (1,560,000 units Acquired)


Monday, 20 Jul 2020

1:01PM WCT LIM SIEW CHOON (630,000 units Acquired)

1:01PM WCT LIM SIEW CHOON (630,000 units Acquired)


Thursday, 16 Jul 2020

1:09PM WCT LIM SIEW CHOON (1,652,000 units Acquired)

1:09PM WCT LIM SIEW CHOON (1,652,000 units Acquired)


Monday, 13 Jul 2020

5:16PM WCT LIM SIEW CHOON (900,000 units Acquired)

5:16PM WCT LIM SIEW CHOON (900,000 units Acquired)


Thursday, 9 Jul 2020

1:02PM WCT LIM SIEW CHOON (1,500,000 units Acquired)

1:02PM WCT LIM SIEW CHOON (1,500,000 units Acquired)


Monday, 6 Jul 2020

1:01PM WCT LIM SIEW CHOON (444,600 units Acquired)

1:01PM WCT LIM SIEW CHOON (444,600 units Acquired)


Thursday, 2 Jul 2020

5:03PM WCT LIM SIEW CHOON (2,837,400 units Acquired)

5:03PM WCT LIM SIEW CHOON (2,837,400 units Acquired)


Monday, 29 Jun 2020

1:04PM WCT LIM SIEW CHOON (500,000 units Acquired)

1:04PM WCT LIM SIEW CHOON (500,000 units Acquired)


Friday, 26 Jun 2020

11:18AM WCT WCT - Notice of Book Closure


Thursday, 25 Jun 2020

5:42PM WCT Share Dividend

5:41PM WCT PROVISION OF FINANCIAL ASSISTANCE

5:36PM WCT General Meetings: Notice of Meeting

5:34PM WCT 1Q net profit 16.841 million (decreased 56.62%)


Thursday, 21 May 2020

5:22PM WCT DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)


Monday, 18 May 2020

12:58PM WCT LIM SIEW CHOON (5,584,700 units Acquired)

12:58PM WCT LIM SIEW CHOON (5,584,700 units Acquired)


Thursday, 14 May 2020

12:55PM WCT 7,650,000 shares purchased into treasury


Friday, 24 Apr 2020

12:59PM WCT LIM SIEW CHOON (3,713,600 units Acquired)

12:59PM WCT LIM SIEW CHOON (3,713,600 units Acquired)


Friday, 17 Apr 2020

12:53PM WCT LIM SIEW CHOON (696,800 units Acquired)

12:53PM WCT LIM SIEW CHOON (696,800 units Acquired)

Astro focusing on original content to keep ahead - The Edge Markets http://www.theedgemarkets.com/article/astro-focusing-original-content-keep-ahead#.XzCZIWEDLdY

Pembeli syer Kendall tak tau. Tak nak lagi

yup, possible for merger between astro and maxis, already working closely together :)

What is the Astro & Broadband offer?
Maxis is the current ISP provider for the Astro & Broadband offering. The offering comprising Astro content and Maxis high-speed fibre broadband for customers to enjoy the best entertainment through Astro while staying connected with high-speed internet.

With the current Astro & Broadband plans, customers will enjoy substantial savings and rebates by choosing their desired broadband speed from 30Mbps at RM89 all the way to 800Mbps at RM299 to accompany their current Astro packages.

Note:

The bundle rebate will reflect in the first bill.
All Family Pack packages (any combination 30Mbps – 800Mbps) are not eligible for Ultra box. Customer who wants Ultra must opt for Starter Pack and above (Ultra will be available in March 2020)
Those who have registered via credit card or debit card bill payment are eligible for auto debit rebates (RM5 X 24 months)
All outstanding bills must be settled prior to accepting this offer.
Subject to 24 months contract for both existing Astro customer upgrades and new customers.
Product and campaign are subject to coverage availability.
All prices exclude Government Tax, and are subject to 6% Service Tax if applicable.
Customers that sign up with 500 or 800Mbps broadband speed will be entitled for 2 complimentary mesh WiFi devices worth RM600 (RM300 per unit).
Customers that sign up for 30/100/300Mbps broadband speed are not entitled for the complimentary mesh WiFi devices. However, they can purchase the mesh WiFi separately at any Maxis retail stores at RM300 per unit.
Price shown is exclusive of Govt. Tax
‍

What are some of the Astro & Broadband offer available?
With the current Astro & Broadband plans, customers will enjoy substantial savings and rebates by choosing their desired broadband speed from 30Mbps at RM89 all the way to 800Mbps at RM299 to accompany their current Astro packages and enjoy the best of content and connectivity, and catch up on their favourite box sets, movies and sports on demand.

I’m a current Astro customer, can I choose to take up this Maxis Astro & Broadband offer?
Yes, you can upgrade your current package to include broadband as part of your existing subscription plan (upgrade to Astro & Broadband/IPTV). However, please note that you will be re-contracted for 24 months.

I am currently an Astro customer, what offer / rebate am I entitled to if I sign up for the Astro & Broadband?
Existing customer will be able to enjoy a total RM840 for broadband bundle over the period of 24 months from Astro due to the savings from rebate (RM720) & Auto Debit (RM120).

I am a new Astro customer, what offer / rebate am I entitled to if I sign up for the Astro & Broadband?
New customer will be able to enjoy a total RM600 for broadband bundle over the period of 24 months from Astro due to the savings from rebate (RM480) & Auto Debit (RM120).

Able to buy astro share cheaper than these directors? :)



MR RENZO CHRISTOPHER VIEGAS 05-Aug-2020 Acquired 100,000 0.765 View Detail
MR RENZO CHRISTOPHER VIEGAS 22-Jun-2020 Acquired 100,000 0.895 View Detail
DATUK YVONNE CHIA 28-Apr-2020 Acquired 100,000 0.948 View Detail
DATUK YVONNE CHIA 27-Mar-2020 Acquired 50,000 0.900 View Detail
DATUK YVONNE CHIA 26-Mar-2020 Acquired 50,000 0.880 View Detail

Astro is Still the unbeatable market leader :)

Astro GO beats Netflix as the #1 streaming service in Malaysia
BY SOYACINCAU 12:22 PM, 14 JUNE 2019 1 COMMENT



Astro GO has emerged as the #1 most frequently used paid-for video streaming service in Malaysia beating Netflix and other competitors by some margin. This, according to data gathered from FT Confidential Research that Astro provided to us.


Respondents were asked “What is your most frequently used paid-for video streaming service?”



One factor that makes Astro GO the popular choice over its competitors is that it doesn’t require you to register in order to access the content. All you need to do is install the app and a number of channels are already immediately available for you to view.

If you have an Astro or njoi account, you can link your account to the Astro GO app and have access to all the content that you’ve subscribed to.


Astro says it has 77% market share in Malaysian pay-TV and Astro’s streaming service while the Astro GO app has recorded 2.2 million registered users with an average viewing time of 149 minutes per week.

The Astro GO app is available for Android and iOS devices and access via astrogo.astro.com.my for web browsers.

Has this been carried out in Malaysia like Singapore?

MCMC is deciding to ban illegal Android TV Boxes in Malaysia

in Contents & Applications, MCMC/SKMM 23/07/2019 Comments Offon MCMC is deciding to ban illegal Android TV Boxes in Malaysia

The Malaysian Communications and Multimedia Commission (MCMC) is said to be deciding on the ban of illegal, uncertified Android TV boxes in the country.

According to Maybank Investment Bank (IB) Research, the regulator is in talks with Internet Services Providers (ISPs) to deny Internet access to Android TV boxes – a move that will ultimately benefit players such as Astro Malaysia Holdings Bhd, reported TheStar.

“Though we prefer the banning of Android TV boxes, these two developments ought to bode well for TV subscription revenue,” the research house said in a note yesterday. Maybank IB Research noted that TV subscription revenue accounts for about 75% of Astro’s revenue. The research house noted that MCMC has been ramping up efforts to combat content piracy, with more measures to come. “We also implore MCMC to investigate e-commerce websites that sell Android TV boxes.”

It is estimated that Astro holds about 77% of the domestic pay-TV market, while the rest is controlled by Telekom Malaysia Bhd through unifi TV. Another part of the market is dominated by over-the-top providers (OTTs) such as Netflix and iflix.

Over the past few months, MCMC has been focused on combating content piracy.

As of February 2019, MCMC has blocked 246 sites that were hosting unauthorised screening of movies, documentaries and news over the set-top box.

Most recently, a local company and two (2) of its directors were fined RM35,000 for owning 79 units of non-certified Android TV boxes with the intention to sell at Digital Mall, Petaling Jaya, Selangor.

Android TV set-top boxes is a device that connects to a TV or a monitor, allowing users to stream contents such as live TV, movies, TV series and music from a local storage (USB/NAS) or from the Internet, at a cost or for free. It also allows a user to install apps and surf the Internet.

Android TV boxes without SIRIM certification are considered illegal and uncertified. Android TV boxes that connects and stream from pirated content websites are illegal and goes against the Copyright Act 1987. Similarly, users who download or access pirated contents are illegal in Malaysia. Users who are found to be using the illegal Android TV boxes are liable under Section 239 of the Multimedia and Communications Act 1998. Furthermore, consumers who access pirated content risk getting affected by malware that can be used to participate in criminal activities, all without the user’s knowledge.

In Singapore last year, the High Court ordered Internet service providers to block access to TV box applications that allow users to stream and download pirated contents, following a motion filed in October by Singnet, Fox Networks Group Singapore, NGC Network Asia, Fox International Channels (US) and The Football Association Premier League.

Date Close
Today RM1? Possible? :)
06/08/2020 0.76
05/08/2020 0.76
04/08/2020 0.755
03/08/2020 0.765
30/07/2020 0.795
29/07/2020 0.785
28/07/2020 0.79
27/07/2020 0.795
24/07/2020 0.805
23/07/2020 0.815
22/07/2020 0.80
21/07/2020 0.79
20/07/2020 0.805
17/07/2020 0.805
16/07/2020 0.805
15/07/2020 0.815
14/07/2020 0.815
13/07/2020 0.835
10/07/2020 0.84

expecting news on aeon revised biz plan with the set up of new delivery riders fleet like Lazada, etc.

Different people different opinions.

Tuhan memberkati!

Wow, EPF is even more agressive in grabbing aeon shares. there must be something ordinary traders could not see or comprehend. Perhaps, directors and big funds like EPF only could access, etc. :)

EMPLOYEES PROVIDENT FUND BOARD 03-Aug-2020 Acquired 493,200 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 28-Jul-2020 Acquired 93,900 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 27-Jul-2020 Acquired 1,882,300 0.000 View Detail

directors were grabbing the aeon shares.. good news :)

MISS CHONG SWEE YING 23-Jul-2020 Acquired 10,000 - View Detail
MISS CHONG SWEE YING 22-Jul-2020 Acquired 10,000 - View Detail
ENCIK SHAFIE BIN SHAMSUDDIN 21-Jul-2020 Acquired 560,000 - View Detail
MISS CHONG SWEE YING 17-Jul-2020 Acquired 6,000 - View Detail
MISS CHONG SWEE YING 14-Jul-2020 Acquired 5,000 - View Detail
POH YING LOO 13-Jun-2019 Acquired 20,000 - View Detail
POH YING LOO 02-Mar-2018 Acquired 20,000 -

Ya , mau memecut kembali


Date Close Volume
05/08/2020 0.83 1,353,800
04/08/2020 0.815 1,898,800
03/08/2020 0.835 1,785,100
30/07/2020 0.845 1,153,700
29/07/2020 0.85 1,838,700
28/07/2020 0.85 1,651,500
27/07/2020 0.845 3,262,800
24/07/2020 0.845 2,579,100
23/07/2020 0.845 6,614,700
22/07/2020 0.88 1,801,800
21/07/2020 0.895 2,505,600
20/07/2020 0.89 2,500,900
17/07/2020 0.91 2,361,600
16/07/2020 0.915 3,215,500
15/07/2020 0.97 2,104,700
14/07/2020 1.00 2,303,400
13/07/2020 1.01 1,472,600

Ya, otw

Date Close Volume
05/08/2020 0.63 2,551,500
04/08/2020 0.63 3,711,400
03/08/2020 0.63 6,912,100
30/07/2020 0.625 7,232,200
29/07/2020 0.625 941,300
28/07/2020 0.63 5,085,100
27/07/2020 0.615 2,362,300
24/07/2020 0.63 5,019,700
23/07/2020 0.64 2,151,000
22/07/2020 0.64 2,191,700
21/07/2020 0.66 5,479,500
20/07/2020 0.635 6,217,200
17/07/2020 0.64 2,805,800
16/07/2020 0.635 5,305,000
15/07/2020 0.66 11,537,800
14/07/2020 0.675 692,900
13/07/2020 0.67 2,803,600
10/07/2020 0.69 583,000
09/07/2020 0.705 860,400

just follow the uptrend wave :)

hope to see above 80sen before lunch break at 12.30noon

buy rate hit ~70% risen 1sen already. just started engine

very determined buyers today probably institutional funds

from RM1.06 on july 13 to 77sen now.

YTL Hospitality REIT- Value Emerges
Date: 04/08/2020

Source : AmInvest
Stock : YTLREIT Price Target : 1.26 | Price Call : BUY
Last Price : 0.765 | Upside/Downside : +0.495 (64.71%)

Date Open Range Close Change Volume
05/08/2020 0.80 0.755 - 0.805 0.765 -0.025 (3.16%) 7,682,000
04/08/2020 0.81 0.79 - 0.83 0.79 -0.01 (1.25%) 9,870,500
03/08/2020 0.95 0.79 - 0.95 0.80 -0.15 (15.79%) 10,079,100
30/07/2020 0.96 0.95 - 0.96 0.95 -0.01 (1.04%) 380,800
29/07/2020 0.965 0.96 - 0.97 0.96 -0.005 (0.52%) 332,000
28/07/2020 0.98 0.965 - 0.98 0.965 -0.02 (2.03%) 691,700
27/07/2020 0.985 0.98 - 0.99 0.985 +0.005 (0.51%) 412,600
24/07/2020 0.995 0.98 - 0.995 0.98 -0.015 (1.51%) 672,500
23/07/2020 1.01 0.99 - 1.01 0.995 -0.015 (1.49%) 1,838,800
22/07/2020 1.02 1.00 - 1.02 1.01 -0.01 (0.98%) 324,300
21/07/2020 1.01 1.01 - 1.03 1.02 +0.01 (0.99%) 310,800
20/07/2020 1.02 1.00 - 1.02 1.01 -0.01 (0.98%) 253,200
17/07/2020 1.02 1.00 - 1.02 1.02 +0.02 (2.00%) 258,700
16/07/2020 1.01 1.00 - 1.01 1.00 -0.01 (0.99%) 364,900
15/07/2020 1.01 1.00 - 1.02 1.01 +0.01 (1.00%) 679,000
14/07/2020 1.05 1.00 - 1.05 1.00 -0.05 (4.76%) 1,891,600
13/07/2020 1.06 1.04 - 1.06 1.05 -0.01 (0.94%) 346,000

rising , uptrend buy rate ~60% now

"I won't run a company based on an audit report," Mr Fernandes said during an interview with business radio station BFM last week. "We have been working on this (finding investors and raising funds) since March. We are in the process of raising debt and equity. Our cash flow is still very strong."

Aviation analyst Shukor Yusof from Endau Analytics last week also said that he believes that the airline will weather the crisis.

"I see them being able to overcome this. There is a fair chance of them obtaining the funds," Mr Shukor said during an interview with BFM, pointing to the airline's importance to the Malaysian economy and its market leader position in South-east Asia.

Last month, South Korea's third biggest conglomerate SK Group said that it is considering taking a 10 per cent stake in the airline, which will raise RM334.2 million.

The airline has said that it plans to raise RM1 billion from financial institutions and RM1.4 billion more via equities.

approaching :)

U.S. to pay $1 billion for 100 million doses of J&J's COVID-19 vaccine candidate
WORLD
Wednesday, 05 Aug 2020

9:14 PM MYT
By Michael Erman

Lessees are subsidiaries of YTL Corp Bhd :)

The REIT said the decision was taken after considering the unprecedented impact of the Covid-19 pandemic on the hospitality sector and the estimated time frame of two years for the lessees to recover their market position plus market share, and return to profitability.

"The rental variations do not involve any rental waiver as the rental differences will be paid to YTL REIT group over time, with approximately 87% of the rental differences to be paid within 4.5 years after the rental adjustment period. Such payments (unlike rental waivers) will increase the distributable income for the benefit of unitholders in the relevant financial years," the REIT said.

Among the lessees are Star Hill Hotel Sdn Bhd, East-West Ventures Sdn Bhd, Prisma Tulin Sdn Bhd, Business & Budget Hotels (Penang) Sdn Bhd, Busines & Budget Hotels (Kuantan) Sdn Bhd, Syarikat Pelanchogan Pangkor Laut Sendiri Bhd, Tanjong Jara Beach Hotel Sdn Bhd, Cameron Highlands Resorts Sdn Bhd and Niseko Village K.K. and YTL Majestic Hotel Sdn Bhd.

Meanwhile, the properties involved in the rental variation are JW Mariott Hotel Kuala Lumpur, The Ritz-Carlton Kuala Lumpur Hotel Wing, AC Hotel Kuala Lumpur Titiwangsa, AC Hotel Penang Bukit Jambul, AC Hotel Kuantan City Centre, Pangkor Laut Resort, Tanjong Jara Resort, Cameron Highlands Resorts, Hilton Niseko Village, The Ritz-Carlton Kuala Lumpur and The Majestic Hotel Kuala Lumpur.

YTL REIT's share price closed one sen or 1.04% lower at 95 sen, giving a market capitalisation of RM1.62 billion. Year-to-date, the stock has declined by 30%.

Aussie dollar has risen a lot. good for ytlreits :)

XE Currency Charts: AUD to MYR
6 Aug 2019 00:00 UTC - 5 Aug 2020 15:28 UTC AUD/MYR close:3.03175 low:2.52788 high:3.06361

Yes, the lessees are YTL Corp Bhd's subsidiaries, also zero credit risk :)

YTL Hospitality REIT- Value Emerges
Date: 04/08/2020

Source : AmInvest
Stock : YTLREIT Price Target : 1.26 | Price Call : BUY
Last Price : 0.765 | Upside/Downside : +0.495 (64.71%)

Back

Investment Highlights
We maintain our BUY recommendation on YTL Hospitality REIT (YTL REIT) with a lower fair value of RM1.26 from RM1.31 based on a target yield of 7% over its FY23 distributable income. We cut our FY21–FY22 distributable income by 48% and 41% respectively while raising that of FY23 by 13%.
YTL REIT’s market cap fell by RM255mil or 15.8% yesterday following the rental variation requested by tenants. YTL REIT is offering a discount of 50% for two years in a bid to provide relief to tenants until 30 June 2022. Consequently, tenants will pay the difference between the original rentals and reduced rentals on stages after the rental adjustment period or over the remaining tenures of the existing leases (Exhibit 1).
We reckon the market has overreacted over the rental variation. Based on our estimates, the loss of distributable income in its DCF value of FY21–FY29 (RM104.7mil) is much lower than the RM255mil fall in market cap as shown below. Our DCF valuation is based on a discount rate of 7%.
The rental variation does not involve any rental waiver as the rental difference will be paid to YTL REIT over time. Following the adjusted rentals, YTL REIT’s FY21–FY22 distributable income will be reduced by 48% and 41% respectively. Nonetheless, the repayment beginning 2023 will result in stronger distributable income in FY23 (+13%) to RM155.3mil and a further 15% to RM179.3mil in FY24.
We have lowered our fair value to RM1.26 per share from RM1.31 based on a target yield of 7% over its FY23 distributable income. We increase our target yield to 7% from 5% as we factor in the loss of time value of money.
We believe the stock is oversold and see the recent selldown as a buying opportunity. At its current price, the stock offers a potential upside of over 50% and decent dividend yield of 4.1%, 5.3% and 10.2% for FY21–23 respectively. Maintain BUY.
Source: AmInvest Research - 4 Aug 2020

:)

YTLR Historical Data
Time Frame:

Monthly
08/16/2018 - 08/05/2020

Date Price Open High Low Vol. Change %
Aug 20 0.765 0.950 0.950 0.755 7.68M -19.47%
Jul 20 0.950 1.060 1.100 0.950 12.56M -9.52%
Jun 20 1.050 1.020 1.160 0.960 27.24M 0.00%
May 20 1.050 0.945 1.050 0.925 10.28M 10.53%
Apr 20 0.950 0.935 1.010 0.910 12.35M 3.83%
Mar 20 0.915 1.340 1.360 0.700 37.01M -31.72%
Feb 20 1.340 1.340 1.380 1.270 17.57M 0.75%
Jan 20 1.330 1.370 1.380 1.320 17.57M -2.21%
Dec 19 1.360 1.340 1.380 1.320 10.42M 0.74%
Nov 19 1.350 1.280 1.380 1.270 13.47M 5.47%
Oct 19 1.280 1.350 1.350 1.270 18.96M -4.48%
Sep 19 1.340 1.380 1.390 1.320 10.07M -2.90%
Aug 19 1.380 1.300 1.380 1.300 20.86M 6.15%
Jul 19 1.300 1.340 1.350 1.290 24.91M -2.99%
Jun 19 1.340 1.340 1.370 1.330 20.27M 0.00%
May 19 1.340 1.310 1.350 1.280 3.63M 2.29%
Apr 19 1.310 1.290 1.310 1.260 12.10M 2.34%
Mar 19 1.280 1.290 1.290 1.250 7.55M -0.78%
Feb 19 1.290 1.270 1.320 1.250 7.61M 1.57%
Jan 19 1.270 1.180 1.280 1.180 10.40M 7.63%
Dec 18 1.180 1.170 1.210 1.150 9.42M 0.85%
Nov 18 1.170 1.200 1.210 1.170 7.69M -2.50%
Oct 18 1.200 1.230 1.250 1.150 11.18M -2.44%
Sep 18 1.230 1.240 1.250 1.190 9.12M -0.81%
Highest: 1.390 Lowest: 0.700 Difference: 0.690 Average: 1.207 Change %: -38.306

target prices 41sen to 78sen :) is this your risk appetite?

Date Open Price Target Price Upside/Downside Price Call Source News
04/08/2020 0.60 0.78 +0.18 (30.00%) HOLD PUBLIC BANK Price Target News
22/07/2020 0.71 0.41 -0.30 (42.25%) SELL AmInvest Price Target News
20/07/2020 0.73 0.48 -0.25 (34.25%) SELL HLG Price Target News
10/07/2020 0.75 0.52 -0.23 (30.67%) SELL KENANGA Price Target News

dividend OTW. great!

30-Jul-2020 Entitlement YTL HOSPITALITY REIT declared Income Distribution - RM 0.0284, the Ex Date on 13-Aug-2020.

Now even cheaper than the IPO price many years ago. super lelong price :)

Prospectus:
THE INITIAL PUBLIC OFFERING OF 509,599,000 NEW UNITS REPRESENTING UNDIVIDED INTEREST IN STARHILL REAL ESTATE INVESTMENT TRUST ("STARHILL REIT") COMPRISING:

. 29,999,000 NEW UNITS UNDER THE RETAIL OFFER AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC AT THE RETAIL PRICE OF RM0.98 PER UNIT PAYABLE IN FULL UPON APPLICATION AND SUBJECT TO A REFUND IN THE EVENT THAT THE FINAL RETAIL PRICE THAN RM0.98 PER UNIT; AND
. 479,600,000 NEW UNIT UNDER THE INSTITUTIONAL OFFER AVAILABLE BY WAY OF OFFER TO MALAYSIAN AND FOREIGN INSTITUTIONAL AND OTHER SELECTED INVESTORS AT THE INSTITUTIONAL OFFER PRICE TO BE DETERMINED BY WAY OF BOOKBUILDING PAYABLE IN FULL UPON APPLICATION,

IN CONJUNCTION WITH THE LISTING OF STARHILL REIT ON THE MAIN BOARD OF BURSA MALAYSIA SECURITIES BERHAD

THE FINAL RETAIL PRICE WILL EQUAL TO THE LOWER OF:
(I) THE RETAIL OFFER PRICE OF RM0.98 PER UNIT; OR
(II) 95% OF THE INSTITUTIONAL OFFER PRICE, TO BE DETERMINED BY WAY OF BOOKBUILDING
IN EACH CASE ROUNDED UP TO THE NEAREST SEN

AA is still a famous brand. ada sedikit value. just a valuation matter. harga dah cukup murah atau mahal. sendiri judge... pakar kewangan pun bagi nilai yang berbeda/berbeza


04-Aug-2020 Blog AirAsia to resume Malaysia-Singapore flights
04-Aug-2020 Price Target PublicInvest Research Headlines - 4 Aug 2020
Source : PUBLIC BANK, Price Call : HOLD, Price Target : 0.78
Last Price : 0.59, Upside/Downside : +0.19(32.20%)
03-Aug-2020 Blog AirAsia welcomes Malaysia, Singapore decision to allow cross border travel for essential and official purposes
03-Aug-2020 Blog AirAsia Ambition

current price below 80sen is a steal :)

The revaluations decreased the unaudited net asset value per unit of YTL REIT and its subsidiaries from RM1.6028 per unit as at April 30, 2020 (before the revaluations) to RM1.5030 per unit upon incorporation of the aggregate revaluation decrease of RM170.103 million.

non-accountant does not understand well probably.

As at March 31, 2020, YTL Hospitality REIT has 15 properties under its portfolio, worth RM4.62 billion. It operates 10 luxury hotels and serviced residences in Malaysia, three in Australia and two in Japan,

For the nine months ended March 31, 2020, YTL Hospitality REIT recorded revenue and net property income (NPI) of RM356.67 million and RM190.94 million, respectively, as compared to RM372.24 million and RM193.02 million, respectively, recorded in the same period a year ago. This represented a decrease of 4.18 per cent and 1.08 per cent respectively.

The group recorded a pre-tax profit of RM135.16 million for the nine months, an increase of 61.19 per cent as compared to a pre-tax profit of RM83.85 million recorded in the preceding year corresponding period, mainly due to the unrealised foreign currency translation gain on borrowings denominated in foreign currencies.

The increase in revenue and net property income was mainly due to the additional rentals recorded from JW Marriot Hotel Kuala Lumpur following the refurbishment completed in June 2019.

Additionally, the acquisition of The Green Leaf Niseko Village in Japan in September 2018 contributed to the increase in revenue and net property income for the current financial period ended March 31, 2020.

In a separate announcement, YTL Hospitality REIT said that Pintar Projek has carried out revaluations of its real estate assets in Japan and Australia.

The assets are Hilton Niseko Village, The Green Leaf Niseko Village, Sydney Harbour Marriott, Brisbane Marriott, and Melbourne Marriott.

All the assets, except for The Green Leaf Niseko Village had decreased in market value. The decrease, however, was marginal.

The revaluations decreased the unaudited net asset value per unit of YTL REIT and its subsidiaries from RM1.6028 per unit as at April 30, 2020 (before the revaluations) to RM1.5030 per unit upon incorporation of the aggregate revaluation decrease of RM170.103 million.

Do REITs do well during recession?
Bottom Line: REITs are Safer than Stocks in a Recession

REITs have historically greatly outperformed during most recessions. They produce cash flow that is highly resilient to downturns. They are much more durable than the average business.Nov 2, 2019

Are REITs good investments right now?
Even ones that felt little to no direct impact from the COVID-19 outbreak are still priced below their value. The values of REITs are closely tied to their real estate assets, so while the price may have gone down, the properties are still there, and many are still cash-flowing just as well.Jul 21, 2020

REITS In Demand Amidst Coronavirus Outbreak | Market ...www.propertyguru.com.my › ... › February 21, 2020
Feb 21, 2020 - ... Negara Malaysia (BNM) a few weeks ago. With expectations of further rate cuts in 2020, the outlook seems rather sanguine for REITs,” Leong ...

YTL Hospitality REIT bullish on long term prospects of the ...www.nst.com.my › property › 2020/06 › ytl-hospitality...
Jun 16, 2020 - ... the long term prospects of the hospitality sector," it said in a filing with Bursa Malaysia today. As at March 31, 2020, YTL Hospitality REIT has ...

ada sedikit international flights :)

5,355 individuals returned from abroad since July 24, says Ismail Sabri
KUALA LUMPUR (Aug 5): A total of 5,355 individuals returned to Malaysia between July 24 and yesterday, and are currently placed at 21 hotels and five public training institutes in Kuala Lumpur, Negeri Sembilan, Penang, Kelantan, Sarawak, Selangor, Perak dan Johor for 14-day mandatory ...
TheEdge05 Aug, 2020 16:08pm - 20 minutes ago

after this week, back to 90sen to RM1 at least probably, knee-jerk reaction from traders

52-week high RM1.39. 76sen now.

Aug-2020 Price Target YTL Hospitality REIT- Value Emerges
Source : AmInvest, Price Call : BUY, Price Target : 1.26
Last Price : 0.76, Upside/Downside : +0.50(65.79%)

some people like higher risks higher returns, they might enter AA now

if spore starts flights with msia, then 1-2 months later with other asean countries, then RM1 is possible :)

still have buying support at current price. people believe, no right issue probably. private placement probably. or think the flights between msia and spore this month will boost confidence. worst scenario if RI fall to 40-50sen. now already below 60sen . they think the risk is very minumum. aax is not a subsi, if aax is liquidated, just a book entry for AA probably

so risky, if RI, target price RM0.4+ only?

On the other hand, AAGB also plans to raise up to RM1.4bn to strengthen its equity base, which can be by means of new issuance of shares and/or via private placement. For illustration, with illustrative entitlement basis of 2 rights shares for every 3 AAGB shares held at an illustrative issue price of RM0.63 per rights share (based on RM1.4bn proceeds), the rights issue may entail an issuance of up to 2.2bn new shares based on current enlarged number of shares. As such, the Group’s net asset is estimated to be diluted from RM0.89 to RM0.53 per share while our TP would fall to RM0.47 post rights issuance. Any proposal for rights issue however will require an extraordinary general meeting (EGM) to gain shareholder approval. Nevertheless, we understand that rights issue may not be the favoured option at this juncture.

some gangs buy from the open market and sell via direct biz transactions to make money :)


04/08/2020 00:00:00 2.2200 - 102,400 107,400 227,328 238,728 2.2228 0.0017 -
04/08/2020 00:00:00 2.2800 0.0600 5,000 107,400 11,400 238,728 2.2228 0.0001 -
27/07/2020 00:00:00 2.3300 - 472,600 472,600 1.101m 1.101m 2.3300 0.0080 -
21/07/2020 00:00:00 2.4400 - 489,600 489,600 1.195m 1.195m 2.4400 0.0082 -
17/07/2020 00:00:00 2.5000 - 20,000 756,000 50,000 1.890m 2.5000 0.0003 -
17/07/2020 00:00:00 2.5000 - 63,900 756,000 159,750 1.890m 2.5000 0.0011 -
17/07/2020 00:00:00 2.5000 - 216,400 756,000 541,000 1.890m 2.5000 0.0036 -
17/07/2020 00:00:00 2.5000 - 20,000 756,000 50,000 1.890m 2.5000 0.0003 -
17/07/2020 00:00:00 2.5000 - 20,000 756,000 50,000 1.890m 2.5000 0.0003 -
17/07/2020 00:00:00 2.5000 - 47,200 756,000 118,000 1.890m 2.5000 0.0008 -
17/07/2020 00:00:00 2.5000 - 40,000 756,000 100,000 1.890m 2.5000 0.0007 -
17/07/2020 00:00:00 2.5000 - 30,900 756,000 77,250 1.890m 2.5000 0.0005 -
17/07/2020 00:00:00 2.5000 - 30,900 756,000 77,250 1.890m 2.5000 0.0005 -
17/07/2020 00:00:00 2.5000 - 159,800 756,000 399,500 1.890m 2.5000 0.0027 -
17/07/2020 00:00:00 2.5000 - 75,000 756,000 187,500 1.890m 2.5000 0.0013 -
17/07/2020 00:00:00 2.5000 - 31,900 756,000 79,750 1.890m 2.5000 0.0005 -
05/06/2020 00:00:00 2.6500 0.0700 100,000 100,000 265,000 265,000 2.6500 0.0017 -
28/05/2020 00:00:00 2.2300 - 1.062m 2.125m 2.369m 4.738m 2.2300 0.0179 -
28/05/2020 00:00:00 2.2300 - 1.062m 2.125m 2.369m 4.738m 2.2300 0.0179 -
21/05/2020 00:00:00 2.3600 - 193,700 193,700 457,132 457,132 2.3600 0.0033 -
21/04/2020 00:00:00 2.3100 -0.0400 6,000 6,000 13,860 13,860 2.3100 0.0001 -

the S$10bil proposed casino resort investment in Japan also has nothing to do with genm. under GENS, a subsi of genting bhd.

genm is less risky probably :)

That's all, cruises ships, resorts world manila, singapore, etc have nothing to do with genm :)

OUR PROPERTIES
Resorts World Genting
Resorts World Kijal
Resorts World Langkawi

Genting UK
Resorts World Birmingham

Resorts World Casino New York City
Resorts World Catskills
Resorts World Bimini

Latest target prices between RM1.90 and RM3.20 in June 2020. I take the average~[RM1.90+RM3.20]/2= RM2.55 , if average price of all target prices~RM2.49 :)

Price Target
Date Open Price Target Price Upside/Downside Price Call Source
19/06/2020 2.69 1.90 -0.79 (29.37%) SELL AffinHwang
18/06/2020 2.78 2.00 -0.78 (28.06%) TRADING SELL PUBLIC BANK
18/06/2020 2.78 3.20 +0.42 (15.11%) BUY MACQUARIE GROUP
18/06/2020 2.78 2.86 +0.08 (2.88%) HOLD HLG

shareholders juga dah beli tak jual balik :)

MR LIM KEONG HUI 25-Mar-2020 Acquired 719,480 0.000 View Detail
TAN SRI LIM KOK THAY 25-Mar-2020 Acquired 4,969,896 0.000 View Detail
MR LIM KEONG HUI 25-Mar-2019 Acquired 226,638 0.000 View Detail
TAN SRI LIM KOK THAY 25-Mar-2019 Acquired 5,863,548 0.000 View Detail
MR LIM KEONG HUI 21-Mar-2018 Acquired 235,500 0.000 View Detail
TAN SRI LIM KOK THAY 21-Mar-2018 Acquired 6,012,200 0.000 View Detail
MR LIM KEONG HUI 03-Nov-2017 Notice of Interest 2,797,178,989 0.000 View Detail
TAN SRI LIM KOK THAY 03-Nov-2017 Notice of Interest 2,805,120,089 0.000 View Detail
KIEN HUAT INTERNATIONAL LIMITED 14-Feb-2013 Transferred 1,198,930 0.000 View Detail
KIEN HUAT REALTY SDN BERHAD 14-Feb-2013 Transferred 1,198,930 0.000 View Detail
PARKVIEW MANAGEMENT SDN BHD 14-Feb-2013 Transferred 1,198,930 0.000 View Detail
KIEN HUAT INTERNATIONAL LIMITED 09-May-2012 Notice of Interest 2,796,988,089 0.000 View Detail
GENTING BERHAD 07-Jul-2010 Acquired 2,547,000 0.000 View Detail
KIEN HUAT REALTY SDN BERHAD 07-Jul-2010 Acquired 2,547,000 0.000 View Detail
PARKVIEW MANAGEMENT SDN BHD 07-Jul-2010 Acquired 2,547,000 0.000 View Detail
GENTING BERHAD 06-Jul-2010 Acquired 549,600 0.000 View Detail
KIEN HUAT REALTY SDN BERHAD 06-Jul-2010 Acquired 549,600 0.000 View Detail
PARKVIEW MANAGEMENT SDN BHD 06-Jul-2010 Acquired 549,600 0.000 View Detail
GENTING BERHAD 05-Jul-2010 Acquired 1,815,400 0.000 View Detail
KIEN HUAT REALTY SDN BERHAD 05-Jul-2010 Acquired 1,815,400 0.000 View Detail
PARKVIEW MANAGEMENT SDN BHD 05-Jul-2010 Acquired 1,815,400 0.000 View Detail
GENTING BERHAD 02-Jul-2010 Acquired 18,900,000 0.000 View Detail
KIEN HUAT REALTY SDN BERHAD 02-Jul-2010 Acquired 18,900,000 0.000 View Detail
PARKVIEW MANAGEMENT SDN BHD 02-Jul-2010 Acquired 18,900,000 0.000 View Detail
GENTING BERHAD 21-May-2008 Others 5,203,069 0.000

dividend juga kekal bayar tahun ini :)

27-May-2020 29-Jun-2020 DIVIDEND Final Dividend RM 0.0500 Dividend Detail
27-Feb-2020 13-Mar-2020 DIVIDEND Special Dividend RM 0.0900 Dividend Detail