HEKTAR REITS

KLSE (MYR): HEKTAR (5121)

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Last Price

0.53

Today's Change

0.00 (0.00%)

Day's Change

0.525 - 0.53

Trading Volume

689,300


1 person likes this.

1,916 comment(s). Last comment by HosayLiu 1 day ago

Justmeme

247 posts

Posted by Justmeme > 2 months ago | Report Abuse

Their properties are quite old already. Think there are better REITS around compare than Hektar. Not worth while to pour more money into Hektar

Posted by Welsonnotwell > 2 months ago | Report Abuse

I think still cheap tho & Q2 revenue & profit are slowly showing up, cant go lower anymore

Posted by HafizAjiad98 > 2 months ago | Report Abuse

Hektar berkemungkinan menjana keuntungan lebih RM10 juta pd suku berikutnya

Posted by OppenHermes > 2 months ago | Report Abuse

NTA is around RM1.05 but the current share price is only 52 cents. Big discounts

durianbay

37 posts

Posted by durianbay > 2 months ago | Report Abuse

Some movement already, Hektar rdy to go up?

HosayLiu

299 posts

Posted by HosayLiu > 2 months ago | Report Abuse

wow, nice, Hektar REIT receives prestigious ESG award recognition in outstanding ESG performance and dividend return category in 2024

Posted by OppenHermes > 2 months ago | Report Abuse

Alrdy got the dividend last Friday. Waiting for the opportunity to chip in again 😊

Illvya

14 posts

Posted by Illvya > 2 months ago | Report Abuse

0.52 entry point right? seems hard to enter near 0.50

KarmaS

38 posts

Posted by KarmaS > 1 month ago | Report Abuse

yup, now just wait for next season dividend

Posted by HafizAjiad98 > 1 month ago | Report Abuse

Dah mula naik selepas dapat dividen. Susah nak masuk pd 52 sen sekarang ..

AndrewHo93

329 posts

Posted by AndrewHo93 > 1 month ago | Report Abuse

Hektar REIT balances occupancy growth with sustainability initiatives
https://theedgemalaysia.com/node/731466

MrMoptop3

40 posts

Posted by MrMoptop3 > 1 month ago | Report Abuse

HEKTAR REIT has won the gold award at The Edge Malaysia ESG Awards 2024 in the outstanding ESG performance and dividend return category. While having a 4.7% increase in occupancy and a 10% rise in footfall across its properties in 2023, Hektar energy consumption has maintaned at 2022 levels, showing its commitment to operational efficiency.

calvintaneng

56,891 posts

Posted by calvintaneng > 1 month ago | Report Abuse

Posted by MrMoptop3 > 26 minutes ago | Report Abuse

HEKTAR REIT has won the gold award at The Edge Malaysia ESG Awards 2024 in the outstanding ESG performance and dividend return category. While having a 4.7% increase in occupancy and a 10% rise in footfall across its properties in 2023, Hektar energy consumption has maintaned at 2022 levels, showing its commitment to operational efficiency.

HEKTAR REITS OWN THE MAKOTA PARADE IN MELAKA NEAR THE ICONIC TOURISM HEARTLAND

WITH FAN BINGBING HELPING TO PROMOTE SURE GOING TO DO VERY WELL

HEKTAR REIT ALREADY GIVE A YIELD OF 8%

ONE OF THE SAFEST DIVIDEND PLAY

SincereStock

2,405 posts

Posted by SincereStock > 1 month ago | Report Abuse

sold a few HEKTAR at 0.540 to top up asiapac. (01 november 2024, morning session) still got some HEKTAR left.

HosayLiu

299 posts

Posted by HosayLiu > 1 month ago | Report Abuse

Hektar REIT trading at a big discount! With it being 48% below the FY25 NAV, it's definitely worth looking into for a long-term buy. High potential for upside!

Posted by OppenHermes > 1 month ago | Report Abuse

9% distribution yield in FY25 with higher occupancy rates? This HEKTAR is looking better and better, especially with new tenants boosting cash flow stability 🤗

Posted by HafizAjiad98 > 1 month ago | Report Abuse

Teruja melihat Hektar mempelbagaikan harta Kolej Yayasan Saad. Pajakan 30 tahun ke atas harta pendidikan membawa tahap kestabilan baharu. Tindakan hebat oleh pihak pengurusan

fl1zz0

59 posts

Posted by fl1zz0 > 1 month ago | Report Abuse

climbing to 0.55, good sign

SincereStock

2,405 posts

Posted by SincereStock > 3 weeks ago | Report Abuse

cut loss sold all remaining HEKTAR at 0.520 (cut queue at morning session open price, 27 november 2024). QR EPS is not up to my satisfactory despite without the one off expenses to acquire new subsidiary

AndrewHo93

329 posts

Posted by AndrewHo93 > 3 weeks ago | Report Abuse

Hektar Reit's earnings slowed but revenue grew in the third quarter, driven by solid income generated from education asset Kolej Yayasan Saad

https://www.nst.com.my/property/2024/11/1140069/hektar-reits-earnings-eases-revenue-rises-q3

Posted by KaiserKazer > 3 weeks ago | Report Abuse

Result within expectation, aminvest buy call TP 0.86
Source : AmInvest, Price Call : BUY, Price Target : 0.86
Last Price : 0.52, Upside/Downside : +0.34(65.38%)

calvintaneng

56,891 posts

Posted by calvintaneng > 3 weeks ago | Report Abuse

Salient factors

1. Cost of construction material and labour up
If revalue Assets should + 20% to 30% $$$

calvintaneng

56,891 posts

Posted by calvintaneng > 3 weeks ago | Report Abuse

China tourists returning to Melaka in droves due to Fan Bing Bing

calvintaneng

56,891 posts

Posted by calvintaneng > 3 weeks ago | Report Abuse

Airline from Spore to Melaka now on

calvintaneng

56,891 posts

Posted by calvintaneng > 3 weeks ago | Report Abuse

Govt pumped cash into Govt servants' pockets

Melaka tourism will boom

calvintaneng

56,891 posts

Posted by calvintaneng > 3 weeks ago | Report Abuse

Makota Parade has iconic landmark as it is near historic A Formosa

Tourist attraction like
Great wall of China
Or Taj Mahal of India

calvintaneng

56,891 posts

Posted by calvintaneng > 3 weeks ago | Report Abuse

Future is bright

The Book says

The time of the end knowledge shall increase and they shall travel to and from (Daniel 12:4)

So tourism will increase

HosayLiu

299 posts

Posted by HosayLiu > 3 weeks ago | Report Abuse

Average occupancy rate of malls is expected to improve in 4QFY24 with new tenants secured, especially at Mahkota Parade

Posted by HafizAjiad98 > 3 weeks ago | Report Abuse

Dato kumpul secara berturut-turut. Tunggu ape lagi 😁

https://klse.i3investor.com/web/insider/detail/SBSH_601382_2897782358

VeeCJay

72 posts

Posted by VeeCJay > 3 weeks ago | Report Abuse

wah big fish coming in, 0.51 really cheap for HEKTAR now

4086

105 posts

Posted by 4086 > 3 weeks ago | Report Abuse

Luckin coffee in all hektar and kip reit malls

Posted by OppenHermes > 2 weeks ago | Report Abuse

How about ZEUS, COFFEE BEAN, STARBUCKS, etc? 😆 I think they are also tenants of HEKTAR

Posted by w0nderfultime > 2 weeks ago | Report Abuse

Average occupancy rate of malls dipped slightly to 85.6% in 3QFY24 but is expected to improve in 4QFY24 with new tenants secured. New tenants have been secured for Subang Parade, Mahkota Parade, Central Square and Segamat Central. These new tenants are expected to increase the overall average occupancy rate of its malls to 92% by end of FY24.

AndrewHo93

329 posts

Posted by AndrewHo93 > 2 weeks ago | Report Abuse

Mahkota Parade will surely contribute more revenue in the future due to the boom in Malacca’s tourism

Posted by OppenHermes > 2 weeks ago | Report Abuse

No need to worry about the occupancy rate, many popular brands will be opened in Hektar's shopping malls

Posted by KaiserKazer > 2 weeks ago | Report Abuse

We project higher distributable income in FY25F with new tenants secured for existing shopping malls, coupled with the rent contribution of Kolej Yayasan Saad after completing the acquisition of the asset in July 2024. We maintain BUY on Hektar REIT with an unchanged TP of RM0.86/unit based on DDM with a WACC assumption of 7.4% Current unit price of RM0.53 represents a discount of 47% from our FY25F NAV per unit of RM1.00.

Posted by HafizAjiad98 > 2 weeks ago | Report Abuse

Hektar REIT menawarkan hasil dividen mengekori sbyk 8.00%. Justeru, ia akan menarik lebih byk minat pelabur di pasaran

HosayLiu

299 posts

Posted by HosayLiu > 2 weeks ago | Report Abuse

Net property income of Hektar will grow in Q4 for sure

VeeCJay

72 posts

Posted by VeeCJay > 1 week ago | Report Abuse

The distribution yield of HEKTAR is projected to increase to 8.9% in FY25F, up from 6.5% in FY24F, driven by improved mall occupancy rates and steady rental income from the newly acquired asset.

Posted by OppenHermes > 1 week ago | Report Abuse

Eddie Ong, a prominent shareholder in Malaysia, has also invested in Hektar REITs. What are you waiting for? 😀

Posted by w0nderfultime > 1 week ago | Report Abuse

just keep accumulate Hektar, one of the steady reits here

AndrewHo93

329 posts

Posted by AndrewHo93 > 1 week ago | Report Abuse

Melaka recorded 12.32 million tourists from Jan to Oct this year! Hektar's mall in Melaka surely has positive yield

https://www.bernama.com/en/news.php/world/general/news.php?id=2372936

Posted by HafizAjiad98 > 1 week ago | Report Abuse

Hektar mula bergerak. Tanda-tanda lonjakan muncul

HosayLiu

299 posts

Posted by HosayLiu > 1 week ago | Report Abuse

Malaysian real estate investment trusts (REITs) may get a boost from another rate cut by the US Fed next week

AndrewHo93

329 posts

Posted by AndrewHo93 > 5 days ago | Report Abuse

The real estate investment trust (REIT) segment, which has been performing commendably this year, is expected to maintain its steady momentum into 2025 !

https://www.thestar.com.my/business/business-news/2024/12/16/steady-outlook-for-reits

miniminer

504 posts

Posted by miniminer > 3 days ago | Report Abuse

All REIT are performing except Hektar that even had obtained low-rate loan. Hard to believe!!! May be KYS purchase is the root cause. .........hehehe.......................

Posted by OppenHermes > 3 days ago | Report Abuse

Rest assured, Eddie Ong collected again. Just a matter of time for Hektar to rally

https://klse.i3investor.com/web/insider/detail/SBSH_602692_201920553

HosayLiu

299 posts

Posted by HosayLiu > 1 day ago | Report Abuse

Higher income likely for Hektar-REIT in FY25

Retail property-focused Hektar Real Estate Investment Trust (Hektar-REIT) is expected to see higher revenue and distributional income from the entry of new tenants to several malls under its portfolio for the financial year ending Dec 31, 2025 (FY25).

“We expect the overall weighted average occupancy rate of Hektar malls to increase from 85.6% in the third quarter of financial year 2024 (3Q24) to 88.2% in 4Q24 and 91.1% in 1Q25 driven by the entry of new tenants,” AmInvestment Bank Research said.

It added that the REIT has completed the first phase of its asset enhancement initiatives (AEI) with replacement of lifts and escalators as well as new tenants secured for 4Q24 in Subang Parade.

The research house maintained a “buy” call on the stock but revised the target price slightly lower to 85 sen per unit from 86 sen to reflect the delayed start of a new anchor to one of Hektar-REIT’s six malls.

“We expect an improvement in the unit price from rise in occupancy rates of existing shopping malls with new tenants secured,” it said.

Hektar-REIT’s acquisition of its first ever education asset, Kolej Yayasan Saad, would start to contribute to gross revenue with a steady yearly rental reversion rate of 2.5% throughout the lease period of 30 years.

“With the second phase of the AEI underway for Subang Parade, new tenants secured recently would raise the mall’s occupancy rate to 85.1% in 4Q24 from 77.5% in 3Q24, while two mini anchor tenants expected to start operations in 1Q25 would raise the mall’s occupancy rate to 86.5%.

“We expect the rental from these new tenants to increase Hektar-REIT’s revenue in FY25,” it said.

As for Hektar-REIT’s mall property, Central Square in Sungai Petani in Kedah, the research house expects an uplift in gross revenue from 1Q25 from rental from two anchor tenants, which would occupy a combined net lettable area of up to 45,000 sq ft, raising the occupancy rate to 89.9% by 1Q25 from 75.4% in 3Q24.

“Expect improvements in the rental yield and occupancy rate for Segamat Central due to the ongoing reconfigurations of lower ground floor space, tenant remixing initiatives and a new anchor tenant entry,” it said.

Hektar-REIT’s reconfiguration strategy involves subdividing floor space from a large anchor tenant into smaller lots to boost rental yields with a higher rent per sq ft.

To create a more diverse tenant mix aligning to consumer preference, Hektar-REIT has plans to introduce more food and beverage outlets and lifestyle stores to Segamat Central, with a new anchor tenant to begin operations in 1Q25, bringing the occupancy rate to 81.4% from 72.4% in 3Q24.

https://www.thestar.com.my/business/business-news/2024/12/20/higher-income-likely-for-hektar-reit-in-fy25

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