SUNWAY REAL ESTATE INVT TRUST

KLSE (MYR): SUNREIT (5176)

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Last Price

1.84

Today's Change

+0.04 (2.22%)

Day's Change

1.80 - 1.84

Trading Volume

1,137,100


9 people like this.

2,033 comment(s). Last comment by mf 1 month ago

ladzatz

975 posts

Posted by ladzatz > 2014-01-06 01:57 | Report Abuse

more cheap is good???

Midas_max

129 posts

Posted by Midas_max > 2014-01-06 18:04 | Report Abuse

for a earn money counter, whn u can buy cheap stock mean good. For a cant earn money counter, buy cheap mean u bad luck may come ord.

Nevets

228 posts

Posted by Nevets > 2014-01-10 19:00 | Report Abuse

I would say, if you know the REIT industry It's stable growth and income distribution.
barely people will fry up REIT shares, but its a stable share where it will keep going up continuously stable and good returns if you hold it for long term.

rlch

4,142 posts

Posted by rlch > 2014-01-14 11:23 | Report Abuse

ASB bought 650,000 on 8/1/14, 84,000 on 7/1/14. Dividend announcement soon?

5percent

225 posts

Posted by 5percent > 2014-01-14 22:58 | Report Abuse

SUNREIT targets to release its unaudited financial results for the second quarter ended 31 December 2013 after 5.00 p.m. on Friday, 24 January 2014

sheep

3,851 posts

Posted by sheep > 2014-01-15 00:02 | Report Abuse

with putra mall undergoing renovations, dividend will be lower. sell on strength

haikeyila

1,068 posts

Posted by haikeyila > 2014-01-16 10:53 | Report Abuse

investment in reits are for long-term divvy and stability (parking yor money). also there are major differences in retail, office, hospitality or industrial reits in terms of yield and growth. short term players looking for cap growth should not be in reits.

Janet_cd

46 posts

Posted by Janet_cd > 2014-01-16 11:38 | Report Abuse

Yes i agree, dividends has been consistent in gd and bad times. Definately not for short term.

choonhock

2,029 posts

Posted by choonhock > 2014-01-16 12:36 | Report Abuse

Wow. 128. Nice number :p

cclim88

63 posts

Posted by cclim88 > 2014-01-16 12:57 | Report Abuse

Time to collect again...

beeair2013

195 posts

Posted by beeair2013 > 2014-01-16 13:38 | Report Abuse

I shall only start buying @1.20.

choonhock

2,029 posts

Posted by choonhock > 2014-01-16 17:17 | Report Abuse

Heading to 1.20 because of NAV is RM1.2024?

Posted by joan0828 > 2014-01-16 17:56 | Report Abuse

1.22 on next Monday???

cclim88

63 posts

Posted by cclim88 > 2014-01-17 08:26 | Report Abuse

Then we buy more

Investeye

2,347 posts

Posted by Investeye > 2014-01-17 23:43 | Report Abuse

When drop to rm1.22 then it is a good buy!

kglin

93 posts

Posted by kglin > 2014-01-19 22:33 | Report Abuse

with the QE enforces started from this month, there is possible to touch rm1.22

choonhock

2,029 posts

Posted by choonhock > 2014-01-20 15:40 | Report Abuse

Cheap sales and dividend issue soon. Time to collect.

Nevets

228 posts

Posted by Nevets > 2014-01-23 20:06 | Report Abuse

what do you guys think on tomorrow declaration of quarterly report and high chance of dividend ? any good point ?

hornetsjet

340 posts

Posted by hornetsjet > 2014-01-23 23:07 | Report Abuse

I would say nothing to shout about also by observing these few day price movement.

haikeyila

1,068 posts

Posted by haikeyila > 2014-01-24 10:22 | Report Abuse

without any exceptional/fair valuation gains, revenue will be around 100k, profit around 55k and divvy about 2c. As usual, lol.

haikeyila

1,068 posts

Posted by haikeyila > 2014-01-24 10:24 | Report Abuse

million, sorry

smartly

6,441 posts

Posted by smartly > 2014-01-24 10:55 | Report Abuse

hope for 3sen dividend.

jester

852 posts

Posted by jester > 2014-01-24 10:59 | Report Abuse

Hi smartly bro,

In terms of hope, yes can hope for 3sen div. But realistically the div could be about 2.15 sen if following the previous trends.

smartly

6,441 posts

Posted by smartly > 2014-01-24 11:13 | Report Abuse

previous trend ?

the correspondance period is 3.16sen dividend. so realistically is > 3sen, 2.15sen is under estimate already.

jester

852 posts

Posted by jester > 2014-01-24 11:16 | Report Abuse

The correspondance period is 3.16sen is it? I must got mine wrong then.

Thanks

Reno Wong

32 posts

Posted by Reno Wong > 2014-01-24 12:25 | Report Abuse

the corresponding quarter was 3.16 cent but subsequent quarter backdated...so should assume around 2 cent only

haikeyila

1,068 posts

Posted by haikeyila > 2014-01-24 13:58 | Report Abuse

there has never been any divvy above 3 in sunreit's history. Highest was 2.19 in q2 2013.

smartly

6,441 posts

Posted by smartly > 2014-01-24 14:42 | Report Abuse

queuing to buy 1.26.

assume 2sen each q, 8sen/year, 6.3% p.a

Wei Xin

128 posts

Posted by Wei Xin > 2014-01-24 18:08 | Report Abuse

Second Income Distribution of 2.23 sen per unit (of which 1.89 sen per unit is taxable and 0.34 sen per unit is non-taxable) for the second quarter ended 31 December 2013

Nevets

228 posts

Posted by Nevets > 2014-01-24 18:12 | Report Abuse

Second Income Distribution of 2.23 sen per unit (of which 1.89 sen per unit is taxable and 0.34 sen per unit is non-taxable) for the second quarter ended 31 December 2013

Ex date : 10/02/2014
Payment Date : 27/02/2014

last year 2.19
this year 2.23

sources : http://www.bursamalaysia.com/market/listed-companies/company-announcements/1525297

cclim88

63 posts

Posted by cclim88 > 2014-01-24 23:43 | Report Abuse

Better than last year. Going up next Monday.

Reno Wong

32 posts

Posted by Reno Wong > 2014-01-25 01:39 | Report Abuse

haikeyila: last year sunreit paid 0.97 cent in advance probably bcuz of chinese new year lolz....wonder y they are not doing so this year~

Nevets

228 posts

Posted by Nevets > 2014-01-25 07:24 | Report Abuse

Judging by the dividend lower, it's because the refurbishing Sunway Putra Mall in last year 2013. currently the price is fair price as property value will never be lower but stagnant or growing.

Also, there are plans investing more on REIT at Penang, and Johor... prime locations for REIT to grow.

I'm waiting to accumulate more after dividend ex date or it drops to RM 1.23 and below.

Reno Wong

32 posts

Posted by Reno Wong > 2014-01-25 09:04 | Report Abuse

Nevets: read properly, the DY is actually higher. previously they just paid advanced from subsequent quarter and backdated later. profit loss from Sunway Putra Mall's refurbishment has been offset by acquisition of Sunway hospital last year.

rlch

4,142 posts

Posted by rlch > 2014-01-25 09:19 | Report Abuse

I agree with you Reno Wong. Those buying now are buying at 25sen cheaper than a year ago in addition of higher dividend of 2.23sen compare to 2.19sen last year if exclude advance dividend paid last year.

Posted by smellytoes > 2014-01-25 16:08 | Report Abuse

Lol talk about good timing, I bought in as charts pointed to a near term bottoming out of pricing and divvy gets announced a few hours later!

rlch

4,142 posts

Posted by rlch > 2014-01-26 15:52 | Report Abuse

Better than EPF dividend counter. Good to buy tomorrow.

Nevets

228 posts

Posted by Nevets > 2014-01-27 07:38 | Report Abuse

@renowong... so on your professional advice, sunway hospital income actually covers sunway putra malls income ? great analysis from you.

haikeyila

1,068 posts

Posted by haikeyila > 2014-01-27 10:41 | Report Abuse

Good result actually. Above expectations.

jester

852 posts

Posted by jester > 2014-01-27 10:58 | Report Abuse

"haikeyila there has never been any divvy above 3 in sunreit's history. Highest was 2.19 in q2 2013.
24/01/2014 13:58"

My point initially. :) However, I think the result is better than expected as I thought the div would be below 2.15 actually.

Reno Wong

32 posts

Posted by Reno Wong > 2014-01-27 22:41 | Report Abuse

Nevets: just check latest quarter report page 10 and you will get the most important details of income breakdown. least you need to know if you want to invest in REIT.
rlch: I have no idea why ppl would bought this counter at that level of price previously. It's a good and stable investment but tat price was too expensive. But now is the good time to accumulate.

Nevets

228 posts

Posted by Nevets > 2014-01-28 06:39 | Report Abuse

@reno wong: sunway medical center covers more then a sunway putra shopping mall. I'm sure you are a report base reader and analysis person.

my comment will still state that due to sunway putra shopping mall closure for refurbishment, the profit is drag down, thus, dividend is lowered down as per expected although it increase up to 0.011 sen (omg.. seriously you are thinking the 0.011sen is a good gain, sigh~). Sunway medical was included into Sunreit portfolio was a last year news and it's revenue was already projected. My statement still stands that Sunway is undervalued share and it should be higher on both share prices and dividend.

I'm still on neutral to Sunreit, don't get me wrong, I held the shares since the very beginning from RM 0.85 - RM 0.90.

lskhin

72 posts

Posted by lskhin > 2014-01-28 15:16 | Report Abuse

Before ex-date, sure it will rise to RM 1.32. Gong Xi Fa Cai.

sheep

3,851 posts

Posted by sheep > 2014-01-28 15:47 | Report Abuse

waiting to sell

Icon8888

18,659 posts

Posted by Icon8888 > 2014-02-10 19:26 | Report Abuse

bought some at 127. Dividend per share of 8 sen translates into dividend yield of 6.3%

rlch

4,142 posts

Posted by rlch > 2014-02-12 23:07 | Report Abuse

ASB keep buying what EPF sold. No wonder ASB paid higher dividend than EPF. Hehe.

cclim88

63 posts

Posted by cclim88 > 2014-02-13 18:35 | Report Abuse

Time to buy buy buy again and wait till may

adrianghw

73 posts

Posted by adrianghw > 2014-02-14 10:10 | Report Abuse

Usually, 1-2 weeks after ex-date will drop if your observe the pattern over the past years. But now is still a good price, just buy at the price that meet your satisfaction. :)

Icon8888

18,659 posts

Posted by Icon8888 > 2014-02-14 19:44 | Report Abuse

serena cheah buying... why are you not buying ???

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