Posted by DividendGuy67 > 2023-06-09 22:05 | Report Abuse

3 months later, more bad quarterly report. More sell off ... now 48 sen.
What will the key Q2/2023 report show in August? Income distribution time then ... will ARREIT cut dividends some more in view of poor results?

Posted by speakup > 2023-06-10 14:49 | Report Abuse

lu suka reits? i recomen lu beli Alaqar. best bagus!

Posted by Justmeme > 2023-08-02 12:04 | Report Abuse

Buy KIPREITs of YTL better. Kips reits pay div every Q

Posted by fortunefire > 2023-08-29 11:13 | Report Abuse

still got people invest in MREIT?

Posted by speakup > 2023-08-29 12:50 | Report Abuse

FD 3%
REITs 6%

Posted by ronnie2u > 2024-01-05 09:36 | Report Abuse

hopefully selling the hospitality wing will yield better dividend payout... maybe special dividend

Posted by BudiLee > 2024-03-01 14:57 | Report Abuse

Up and down is very normal in investment, brother.

Posted by tauruslau > 2024-05-02 23:40 | Report Abuse

自從Kenedix加入後就一落千丈跌跌不休萎靡不振，垃圾💩💩💩💩💩

Posted by Thirai Thiraviam > 2024-06-12 16:49 | Report Abuse

I first took a position in ARREIT back in 2011. Between then and 2020, I continued adding more shares until, at one point, ARREIT comprised around 10% of my entire portfolio. However, sometime in mid-2023, I concluded that something was seriously amiss at this REIT. I wish I had realized it sooner. I guess I was too enamoured with the company to accept reality. (See my post above from Nov-21.) Nonetheless, I offloaded the bulk of my shares at around RM0.51, keeping a few thousand shares as keepsakes.

Having read their 2023 Annual Report again, I couldn't see how the management could turn the Trust around. Their big strategy is to exit hospitality completely and focus on education and healthcare.

Long-time unit holders know that the ex-Holiday Villa Alor Star has been vacant since 2018! Instead of selling it first, ARREIT sold the 100% occupied Holiday Villa Langkawi — supposedly because of the 'new strategic focus'! Fine.

Besides the Holiday Villa Alor Star, the former Toshiba TEC building has also been vacant for over two years. There is hardly any discussion about what the management plans to do with this building.

However, these properties aren't the biggest problem in ARREIT's portfolio. The biggest issue is the very place the Trust is occupying—namely, Vista Tower, which makes up 38% of ARREIT's asset value. When the property was purchased in 2018, it had an occupancy rate of 70%. Since then, the rate has only declined every year, reaching its current 35% occupancy rate. I really hope the management does something drastic about this property soon.

Overall, the asset-weighted occupancy rate of ARREIT has declined by 18.9% between 2018 and 2013, from 84.3% to 65.3%. This is an issue that must be addressed.

Anyway, I will no longer be a unit holder moving forward and wish the management success in turning around this once promising REIT.

Posted by curiousq > 2024-06-27 23:54 | Report Abuse

Note:
A very bad Bumiputras managed REITS. Markets price drop terribly from 60sen+ to 30sen+ within one year. They sold/ going to sell the good asset e.g. Holiday Villa Langkawi, Contraves which enjoy 100% occupancy. The latest Q EPS dropped to 0.35sen from 0.58sen, main due to the discontinued income from HV Langkawi.

Don't expect improvement within short period, especially another valuable asset, Contraves, is going to be sold.

Posted by curiousq > 2024-06-28 00:04 | Report Abuse

1.20sen income distribution represents 3.5% (over market price 34sen) which is also worse than another bumiputras managed reits, AmFirst, which gave 2.0sen, translated to 6.25% return (over the market price 32sen).

Posted by ronnie2u > 2024-08-05 08:43 | Report Abuse

ARREIT need a white knight

Posted by CarolineTeoh > 2024-08-19 12:00 | Report Abuse

NTA is RM1.26, whereas share price is only RM0.30. This REIT is extremely undervalued

Posted by adheree > 2 months ago | Report Abuse

many ppl wait lower but 0.30 actually the lowest price now

Posted by Schwoosh > 2 months ago | Report Abuse

Cheap2collect, can tembak a bit before dividend out

Posted by 100Mark > 2 months ago | Report Abuse

ARREIT price has now reached its lowest point. Collect before good QR is announced

Posted by orbiter > 2 months ago | Report Abuse

stable down now, hope can give more dividend too

Posted by djrajan > 2 months ago | Report Abuse

Some say could be cheaper, standby & monitor first

Posted by Vista99 > 2 months ago | Report Abuse

I estimate that the counter will generate over RM40mil in PAT due to the disposal gain

Posted by astor1es > 2 months ago | Report Abuse

Heard result will be better than q1

Posted by meowmeister > 2 months ago | Report Abuse

many cash in hand and can't drop anymore now.... can pick up some

Posted by Joscylyn > 2 months ago | Report Abuse

EPS is 0.34 sen and ROE is 27%. The fundamental of this Amanahraya Reits is solid

Posted by 100Mark > 2 months ago | Report Abuse

Management expects better financial performance for ARREIT this financial year. One word, BUY !

Posted by Schwoosh > 2 months ago | Report Abuse

this reit is bottoming now actually good timing to enter

Posted by djrajan > 2 months ago | Report Abuse

Can buy since its cheap, hold mid term & see see first

Posted by CarolineTeoh > 2 months ago | Report Abuse

Now is indeed a buy low moment. Don't miss it 😉

Posted by Vista99 > 2 months ago | Report Abuse

It will soar for sure when q2 results come out

Posted by adheree > 2 months ago | Report Abuse

Vista99 what's ur prediction? 35cents?

Posted by Joscylyn > 2 months ago | Report Abuse

EPS will be higher than 0.35 sen in Q2, I guess

Posted by meowmeister > 2 months ago | Report Abuse

Management need to push price up... gain back the market confidence

Posted by Vista99 > 2 months ago | Report Abuse

@adheree. Hard for me to predict the next price movement, but I can estimate that ARREIT will record more than RM30 million in net profit in q2

Posted by djrajan > 2 months ago | Report Abuse

Give them some time, just change management recently... let's see how they restructure their portfolio

Posted by 100Mark > 2 months ago | Report Abuse

ARREIT has three best-performing properties, i.e. SEGi University in Kota Damansara, HELP University in Jalan Samantan, and Alfa University College in Subang Jaya. I believe this reits will continue to deliver good results

Posted by keanurune > 2 months ago | Report Abuse

Big discount.... NTA only 1.27... on my monitor list

Posted by Joscylyn > 2 months ago | Report Abuse

ARREIT's future prospects are very bright. Chip in while it's cheap and overlooked

Posted by orbiter > 2 months ago | Report Abuse

definitely cheap, looks like the lowest price right now

Posted by CarolineTeoh > 2 months ago | Report Abuse

Looking ahead, this Reits will focus on the following three assets: education tenants (since it is difficult to change campuses, tenant stickiness is very high), industrial sectors with high market demand at present, and finally the healthcare sector

Posted by astor1es > 2 months ago | Report Abuse

Hold mid term, potential upside is really big with current market condition

Posted by Vista99 > 2 months ago | Report Abuse

better accumulate at current cheap price before its Q2 results are released sooner or later

Posted by Joscylyn > 2 months ago | Report Abuse

QR will be out tonight ?

Posted by meowmeister > 2 months ago | Report Abuse

no chance below 0.30 now

Posted by 100Mark > 2 months ago | Report Abuse

All eyes are now on ARREIT’s latest quarterly results. ha

Posted by adheree > 2 months ago | Report Abuse

Very hopeful, q2 should be better than q1

Posted by CarolineTeoh > 2 months ago | Report Abuse

Heard that ARREIT intends to sell Dana 13 and Ex-Holiday Villa properties in the future. Therefore, FY2024 will be a new transformation for the company

Posted by Schwoosh > 2 months ago | Report Abuse

either today or tmr result out

Posted by djrajan > 2 months ago | Report Abuse

New acquisition - PROPOSED ACQUISITION BY PACIFIC TRUSTEES BERHAD ACTING AS TRUSTEE FOR AND ON BEHALF OF ARREIT OF A COMMERCIAL BUILDING LOCATED WITHIN GLENMARIE SHAH ALAM, SELANGOR FROM STUTTGART HOLDINGS SDN BHD.

Posted by Joscylyn > 2 months ago | Report Abuse

This is for a private school and ARREIT will receive RM160k per month in rent from them

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=150364&name=EA_GA_ATTACHMENTS

Posted by orbiter > 2 months ago | Report Abuse

AmanahRaya Real Estate Investment Trust has acquired a private education asset for RM31.4mn in Glenmarie, Shah Alam, Selangor.

https://theedgemalaysia.com/node/724878

Posted by 100Mark > 2 months ago | Report Abuse

As at March 31, 2024, ARREIT's investment properties, comprising 11 properties across the office, education, industrial, retail and hospitality sectors, were valued at RM1.27 billion. I believe its Q2 performance will be amazing

Posted by astor1es > 2 months ago | Report Abuse

More assets acquired, time for 0.45 again