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 18 hours ago

getingreal

405 posts

Posted by getingreal > 2019-11-20 23:01 | Report Abuse

Yippy68 the Fees have risen 227%! not 127%

getingreal

405 posts

Posted by getingreal > 2019-11-20 23:07 | Report Abuse

Hektar Asset Management Sdn Bhd CEO Datuk Hisham Othman is quoted as saying “This strategy has been proven well" Well it hasnt for the Unit holder but it clerly has for him and his company Hektar Asset Management Sdn Bhd. In fact if you bought Units in 2013 then after crediting all the DPUS since then you would be at a loss today . the DPUs have not even been able to keep up with the drop in the Unit price. "PROVEN WELL" !

lck1300

459 posts

Posted by lck1300 > 2019-11-27 20:32 | Report Abuse

seem like pick up the pace , add oil

ahbah

6,238 posts

Posted by ahbah > 2019-11-27 20:35 | Report Abuse

Now, Hektar ... an excellent buy !

idunwork

431 posts

Posted by idunwork > 2019-11-28 10:06 | Report Abuse

Hektar pays 7.8% dividend. Giant was replaced by a new tenant. Hopefully all upgrade work will be done soon so that earning will increase more.

ttt

307 posts

Posted by ttt > 2019-11-28 12:53 | Report Abuse

whats the point of growing revenue is the expenses are growing like 6x faster than revenue

patling63

12 posts

Posted by patling63 > 2019-11-30 15:41 | Report Abuse

Important thing revenue must grow first. The focus on cost-cutting. Should be all right if they continue to work at it

ivan9511

3,854 posts

Posted by ivan9511 > 2019-12-02 15:43 | Report Abuse

Start buying this and arreit .
Arreit and hektar besides dividend in future hope can see prices limit up
QR quite good

getingreal

405 posts

Posted by getingreal > 2019-12-05 17:25 | Report Abuse

2016 Div total 10.50 cents, Management fees 7,791,596, end of year share price 1.56

2017 Div total ..9.60 cents, Management fees 7,905,354, end of year share price 1.30

2018 Div total ..9.01 cents, Management fees 8,443,864, end of year share price 1.11

2019 Div total ..8.04 cents Management fees (yet to be announced), share price only 99c.

(Div total for 2019 inclusive of just announced but yet to be paid distribution)

ttt

307 posts

Posted by ttt > 2019-12-06 16:26 | Report Abuse

higher management fee = falling dividend and falling share price. some one should raise this and stop them from revaluing upwards their building values cause its a % of assets under management.

ragesliew

87 posts

Posted by ragesliew > 2020-02-07 21:07 | Report Abuse

What happen to this quarter results ? Doing well ?

getingreal

405 posts

Posted by getingreal > 2020-02-14 11:24 | Report Abuse

Due 28th Feb.

ttt

307 posts

Posted by ttt > 2020-02-20 10:06 | Report Abuse

best denki opening sale tomorrow, and village grocer coming in July to Subang Parade. Happy that efforts are being put in to revitalise SP.

idunwork

431 posts

Posted by idunwork > 2020-02-24 16:20 | Report Abuse

@ragesliew
Today's trading shows sign of anticipating better quater report . Keep fingers cross!

idunwork

431 posts

Posted by idunwork > 2020-02-26 22:02 | Report Abuse

Realised nett profit equals to 2 sen a share. Satisfy with 2 sen dividend.

ahkiang

57 posts

Posted by ahkiang > 2020-02-27 20:54 | Report Abuse

hmm what that mean ?

Tax expense : -
Hektar REIT has provided Deferred Tax Liability of RM28.2 million calculated based on RPGT
at a rate of 10% on the net fair value gain of five (5) investment properties which comprised
of Subang Parade, Mahkota Parade, Wetex Parade along with Classic Hotel, Central Square
and Kulim Central.

have to pay one by reit or @@?

ttt

307 posts

Posted by ttt > 2020-02-28 09:51 | Report Abuse

i'm not an expert but its non cash payment. they only made a provision for it.

netcrok

115 posts

Posted by netcrok > 2020-02-29 00:43 | Report Abuse

Anyone know why this Quarter Net Profit dropped to negative (-18,955) ?

Posted by David Teh > 2020-03-03 01:03 | Report Abuse

I hold this counter for years. And it drop all the way from 1.60 to 0.935 as at today. I never thought of losing so much by investing in REIT. Can the management tell how much more to drop?

sell

2,457 posts

Posted by sell > 2020-05-24 06:42 | Report Abuse

2 weeks MCO so much sales drop how about 2 months MCO next qtr?

mf

29,385 posts

Posted by mf > 2020-05-24 06:44 | Report Abuse

selamat hari raya

getingreal

405 posts

Posted by getingreal > 2020-05-27 16:44 | Report Abuse

Earnings per share reduced to 1.53 sen from 1.93 sen previously. Hektar REIT has decided not to declare a first interim distribution per unit in the current quarter.

getingreal

405 posts

Posted by getingreal > 2020-05-27 16:46 | Report Abuse

I guess not enough cash left to distribute after taking 8.4 million p.a in Management fees!

Posted by handsome5555g > 2020-06-08 14:17 | Report Abuse

Just hold tight and collecting more. When the announcement comes out, then BOOM ! fly to the sky

Bligjt

1 posts

Posted by Bligjt > 2020-06-11 18:57 | Report Abuse

With the handling of tenants and rent during MCO, more tenants are going to bankrupt and close shop

getingreal

405 posts

Posted by getingreal > 2020-06-29 18:49 | Report Abuse

I assume Datuk Hisham Othman private Management company Hektar Asset Management Sdn Bhd and its CEO will forgo its seven millions a year in management fees its leaching off Hektar to help out? If not then flush the Hektar shares down the loo.

Posted by MoneyMoneyHome2019 > 2020-07-07 09:57 | Report Abuse

Why no dividend?

getingreal

405 posts

Posted by getingreal > 2020-07-07 13:52 | Report Abuse

8.4 million p.a in Management fees!

e1zzz

30 posts

Posted by e1zzz > 2020-07-09 23:21 | Report Abuse

Due to the grant of a temporary deferment of all profit payments to our financiers, Malayan Banking Berhad and Maybank Islamic Berhad, from April 2020 to September 2020 (“Moratorium Period”), Hektar REIT is prohibited from paying out any dividends to its unitholders until full settlement of the deferred interest/profit payments on all financing facilities for the Moratorium Period.

Taken from latest quarterly report

getingreal

405 posts

Posted by getingreal > 2020-07-13 09:53 | Report Abuse

The quarterly report does not item disclose the Management fees being taken, I wonder why?
In deciding to take advantage of the Bank loan Moratorium and temporarily defer accumulating interest payments till later, Hektar management has not only used this as an excuse not to pay DPU but has now caused Unit Holders to loose the tax free status on the DPU and will now have 10% deducted from the future distribution. The DPU would have been tax free otherwise. A hefty price for unit holders to pay for a deferment of a few months of interest that is accumulating for later payment.

BuZiDao

33 posts

Posted by BuZiDao > 2020-07-24 20:03 | Report Abuse

I am holding a very small amount of share for a decade. As a layman point of view. I can see the shares value is dropping yearly, the dividends also dropping yearly. I still haven't get back my cost. Do you think DY looks attractive now? I don't think so. Its could be a trap. Lets observe after the MCO. Will the management really got the super power to bring it back to alive.

newbie5354_

1,307 posts

Posted by newbie5354_ > 2020-08-07 18:21 | Report Abuse

Just 1 sen off March 20 lowest. Any bad news?

newbie5354_

1,307 posts

Posted by newbie5354_ > 2020-08-07 18:23 | Report Abuse

If Reit no pay dividend what will happen?

newbie5354_

1,307 posts

Posted by newbie5354_ > 2020-08-07 18:25 | Report Abuse

Is coming PP behind share slump?

signalmw

3,314 posts

Posted by signalmw > 2020-08-11 16:02 | Report Abuse

Vjeap

Posted by I_like_dividend > 2020-08-11 16:27 | Report Abuse

Bought some for dividend soon.

Justmeme

247 posts

Posted by Justmeme > 2020-08-12 10:02 | Report Abuse

Why is it dropping so much n dropping almost daily ?. Is the management problem ?

kasinathan

967 posts

Posted by kasinathan > 2020-08-18 09:50 | Report Abuse

The company will be making announcement on dividend on Aug 26 in a press conference.

Hopefully, they will be paying dividend amounting to 3.53%

kasinathan

967 posts

Posted by kasinathan > 2020-08-18 09:52 | Report Abuse

Buy now before shooting up like MQreit.

BNM is expected to drop interest rate from 1.75% to 1.5% in September. This augur well for the reit.

kasinathan

967 posts

Posted by kasinathan > 2020-08-18 09:57 | Report Abuse

At 60 cents, hektar is expected to generate dividend yield at about 10% assuming they cut 23% from the last year base of 7.71%.

The price has been drop from 99 cents from Dec 31 closing. Quite safe on current price ranges.

kasinathan

967 posts

Posted by kasinathan > 2020-08-18 10:00 | Report Abuse

Judging from the historical price pattern, believe hektar would be offer good capital gain at the current price ranges

kasinathan

967 posts

Posted by kasinathan > 2020-08-18 10:45 | Report Abuse

REIT like any other stocks, inherited risk when you get at high price. Likewise, when your entry price at lower like the current ranges, you will get handsome return.

kasinathan

967 posts

Posted by kasinathan > 2020-08-18 10:45 | Report Abuse

Be a contrarian

drpumpkin

53 posts

Posted by drpumpkin > 2020-08-19 11:55 | Report Abuse

be a contrarian means dont buy now since you are saying buy now!. lol....anyway the major shareholder hektar black s/b has been selling lately. The malls wont be recovering so fast. Somehow the mall manager appear to be weak. Just look at Subang Parade. Compare it with the nearest Empire Subang or Aeon Big. I think even Aeon Big has better attraction than Subang Parade. Subang Parade is located at the heart of Subang Jaya. Is sad that the mall manager does not do what it takes to attract footfall. Just my 2 cents.

UncleFollower

1,771 posts

Posted by UncleFollower > 2020-08-19 15:05 | Report Abuse

Yes terrible management making it very cheap. Firesale

Lokeatme

16 posts

Posted by Lokeatme > 2020-08-24 14:27 | Report Abuse

Hopefully got dividend payout coming this quarter...

kasinathan

967 posts

Posted by kasinathan > 2020-08-24 16:12 | Report Abuse

Market cap = Total share X share price
= 461.96 million X RM 0.575
= RM 265.63 million

Net Tangible Asset as of 31 Mar 2020
= RM 607.25 million

Discount to market cap = RM 341.62 million

kasinathan

967 posts

Posted by kasinathan > 2020-08-24 16:18 | Report Abuse

Expected dividend yield for 2020 = 5.9 cents

Assuming the dividend would be reduce 23% from last year 7.71%

At 0.575 cents, the dividend yield representing more than 10% with NTA discounted 56%.

It's certainly under value!

kasinathan

967 posts

Posted by kasinathan > 2020-08-25 11:33 | Report Abuse

The quarterly result will be released by tomorrow

kasinathan

967 posts

Posted by kasinathan > 2020-08-25 11:35 | Report Abuse

The announcement for the dividend is expected to be released simultaneously.

Don't wasting your opportunity!

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