Posted by Beza > 2016-08-23 14:34 | Report Abuse

You are welcome. It will continue to fly.

Posted by stephanieloo87 > 2016-08-30 21:10 | Report Abuse

Does anyone attend the AGM last year? Any free door gifts?

Posted by George NG > 2016-09-15 23:44 | Report Abuse

i still consider want to attend agm or not~~

Posted by ampabella > 2016-09-17 21:05 | Report Abuse

free gift - entrance to sunway lagoon , 1 kopi drink , 1 chap fun tah pau

Posted by Teo Cher Ming > 2016-09-27 23:01 | Report Abuse

Eh Sunway Lagoon entrance? Last year I only got tapau food

Posted by fast888 > 2016-10-05 16:23 | Report Abuse

Hope can go up soon

Posted by shortinvestor77 > 2016-10-05 17:27 | Report Abuse

Can lah.

Posted by imlearning > 2016-10-06 21:01 | Report Abuse

do we need to pay tax for the profit from this share?

Posted by batman11 > 2016-10-07 11:48 | Report Abuse

There is a withholding tax taken away automatically from your dividend received, which you can claim back later from the tax office. Dividend given by REITs has two parts: taxable and non-taxable one, the taxed portion is only at the second one.

Posted by wei007 > 2016-10-07 23:15 | Report Abuse

Seriously can claim back from tax office? Mind to elaborate more? Thanks.

Posted by Chen Fook Ming > 2016-10-08 22:58 | Report Abuse

Elaborate more about the dividend tax pls.....many thanks

Posted by dextronium > 2016-10-09 08:54 | Report Abuse

One can only claim back from IRB with condition that his or her tax bracket is <25%. Right?

Posted by shortinvestor77 > 2016-10-11 11:22 | Report Abuse

Top 20 volume today.

Posted by LILY1910 > 2016-10-11 12:33 | Report Abuse

useless enterancelah....bcs u take yr family meh...then how many enterance fee u have to pay....?unless u really enjoy those child play...then u can enter yrself and enjoy yr day lol.

Posted by LILY1910 > 2016-10-11 12:35 | Report Abuse

sell 1/3 of my share....fly i sell more....down i buy in....hihihi...

Posted by Zea XG > 2016-10-11 17:55 | Report Abuse

10% withholding tax is final tax. Cannot claim back one.

Posted by dextronium > 2016-10-11 18:33 | Report Abuse

Thanks ZeaXG for the clarification.

Posted by shortinvestor77 > 2016-10-12 11:45 | Report Abuse

http://www.theedgemarkets.com/my/article/malaysian-retail-industry-remains-vibrant-says-pemandu

Posted by shortinvestor77 > 2016-10-12 15:59 | Report Abuse

http://www.ssm-syarikat.com/real-estate-investment-trust-reit-malaysia.html

Posted by Chen Fook Ming > 2016-10-12 20:00 | Report Abuse

Thank you shortinvestor77 for sharing articles

Posted by shortinvestor77 > 2016-10-12 22:53 | Report Abuse

You are most welcome.

Posted by shortinvestor77 > 2016-10-12 22:54 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5229169

The NAV per unit of Sunway Real Estate Investment Trust as at 30 September 2016 is RM1.3774.

This announcement is dated 12 October 2016.

Posted by Beza > 2016-10-13 09:58 | Report Abuse

1.3774 (2016 Sept Q) - 1.3549 (2016 June Q) = RM 0.0225 net profit of 2016 Sept Q > RM 0.0219 net profit of 2015 Sept Q.

Posted by i3raymond > 2016-10-13 10:51 | Report Abuse

Heavy direct transaction happened again like on 11/10

Posted by Beza > 2016-10-13 15:16 | Report Abuse

Good. Many parties interested.

Posted by gforce2 > 2016-10-13 16:28 | Report Abuse

http://www.theedgeproperty.com.my/my/content/926874/sunway-pyramid-hotel-reopens-next-month

Sunway Hotels & Resorts, the hospitality division of property-construction conglomerate Sunway Group, is slated to reopen its 4.5-star Sunway Pyramid Hotel (formerly known as Sunway Pyramid Hotel East) on Nov 3.

Posted by shortinvestor77 > 2016-10-15 14:00 | Report Abuse

So more income will be coming in for next Q onward.

Posted by Beza > 2016-10-19 08:25 | Report Abuse

Right.

Posted by i3raymond > 2016-10-19 10:44 | Report Abuse

Aminvestment Bank initiates coverage. TP 1.92

Posted by shortinvestor77 > 2016-10-19 20:23 | Report Abuse

Really? Where is the link?

Posted by Beza > 2016-10-20 10:36 | Report Abuse

http://www.theedgemarkets.com/my/article/sunway-reit-good-position-attract-investors

Posted by shortinvestor77 > 2016-10-23 16:12 | Report Abuse

http://www.thestar.com.my/news/nation/2016/10/23/malaysians-not-buying-into-online-shopping/

Posted by allanchong1988 > 2016-10-25 06:21 | Report Abuse

Recently, Amanahraya Trustee berhad disposed off quite alot of shares of Sunreit. Do you guys know what happened?

Posted by shortinvestor77 > 2016-10-25 20:15 | Report Abuse

They include EPF are also big traders. Buy and sell is a must to do.

Posted by Beza > 2016-10-28 10:16 | Report Abuse

Sunway REIT - 1Q17 Within Expectations
Author: kiasutrader | Publish date: Fri, 28 Oct 2016, 09:45 AM

1Q17 realised net income (RNI) of RM66.7m met both market and our expectations at 24%. 1Q17 GDPU of 2.27 sen is also within expectations. We make no changes to FY17-18E numbers. Maintain OUTPERFORM with an unchanged TP of RM1.85, based on FY17-18E average GDPS of 10.6 sen (NDPS: 9.5 sen) and a +2.10 ppt spread to the 10-year MGS of 3.60%.

1Q17 realised net income (RNI) of RM66.7m came within expectations, making up 24% of consensus and our estimates. 1Q17 GDPU of 2.27 sen included a non-taxable portion of 0.44 sen and came in within our expectation at 22% of FY17E GDPU (5.8% yield).

Results highlight. YoY-Ytd, GRI was up by 6% driven by the retail segment (+14.5%) from Sunway Putra Mall, Sunway Pyramid, and Sunway Carnival. Meanwhile, the hospitality (-20.4%) and office segment (-10.8%) weighed down on top line growth due to the closure of Sunway Pyramid Hotel (previously known as Sunway Pyramid Hotel East) for refurbishment in 4Q16, and lower occupancy at Sunway Tower and Sunway Putra Tower. Although NPI margins were flattish, RNI margins improved (by +1.8ppt) as 1Q17 pretax income was inclusive of an unrealised fair value loss on interest rate swap amounting to RM2.6m vs. 1Q16 fair value gain on interest rate swap of RM3.9m, resulting in RNI increasing by 10%. QoQ, GRI was up by 4% mainly due to the retail (+3.3%) and hospitality segment (+16.0%), while the office segment declined by 1.6%. This coupled with stronger NPI margins (+1.58ppt) and after adding back the fair value loss on interest rate swap amounting to RM2.6m, increased RNI by 10%. (refer overleaf)

Outlook. Management is targeting to spend c.RM100m on capex in FY17 mainly for the refurbishment of Sunway Pyramid Hotel East (previously Sunway Pyramid Hotel East & Pyramid Tower Hotel), which we have accounted for in our estimates. In terms of leases up for expiry, FY17 has 22.0% of NLA up for expiry and it is a major rental reversion year for Sunway Pyramid (54%) and Sunway Carnival (72.0%) of which we expect mid-to-high single-digit reversions, while FY18E will only see 12.8% leases up for expiry. Note that we make no changes to our FY17-18E numbers.

Maintain OUTPERFORM and TP of RM1.85. We maintain our call and TP of RM1.85, based on FY17-18E average target gross yield of 5.70% (net: 5.10%), on an unchanged +2.1 ppt spread to the 10-year MGS of 3.60% on average FY17-18E GDPS of 10.6 sen (NDPS: 9.5 sen). We maintain our OUTPERFORM call for its income contribution from SPP and visible acquisition pipeline, thanks to its parent, SUNWAY.

Risks to our call includes: (i) bond yield expansion, (ii) earnings risks in hospitality and office division, and (iii) lower-than-expected contribution from SPP.

Source: Kenanga Research - 28 Oct 2016

Posted by strykerjunior > 2016-10-29 12:40 | Report Abuse

Brokerage fee for REITs is the same like normal stocks or cheaper for REIT? Pls help. Am considering whether it is worth to buy for the income.distribution next month.

Posted by wei007 > 2016-10-29 13:32 | Report Abuse

Buying Reit is exactly the same as buying other company shares. Brokerage fee is the same and depends on which brokerage film you are using. The income distribution next month is RM 0.02087. If ideal case, the income distribution remains the same as the coming one for the next 3 quarters, which mean you will get RM 0.02087 *4 = RM 0.08348 for full year.

RM 0.08348 / Current share price RM1.78 = 4.69% pa.

So your interest is around 4.69% which is still slightly above FD interest rate. If you ask me is it worth to buy now, I will say no. The current price is near to all time highest. Ofcourse it might go higher, but the downside risk also higher. Anyway, it's still your decision to buy or not.

Posted by gforce2 > 2016-10-30 03:05 | Report Abuse

Some REITs are better than others. At the moment, some are willing to pay a premium even as yields drop down below 5%.

A few reasons:
1. BNM rate: 3%, down from 3.25% this year. Some analysts predict a further easing to 2.75% in the run-up to the next General Election. Which will make REITs even more attractive.
2. Generally, KLSE stocks are seeing a dip in %DY & possibly future earnings.
3. SUNREIT could see possible asset injections in the near future, most likely Sunway Velocity Mall, which has already gotten around 80-90% leased out even before the grand opening. I predict this injection will only take place after the MRT stations are operational (mid 2017?).
4. Possible SC revamp in the REIT guidelines to allow property development activities.

Posted by lck1300 > 2016-10-31 17:10 | Report Abuse

close at 1.84 ? this is crazy ~

Posted by donhay > 2016-10-31 17:52 | Report Abuse

why the rise?

Posted by 93126668 > 2016-10-31 17:53 | Report Abuse

Good news and promo from Edge write up

Posted by ejtic > 2016-10-31 23:09 | Report Abuse

Confirmed to acquire an asset in these few months. Chee Pai Toh Sui Leow !!

Posted by allanchong1988 > 2016-11-01 06:15 | Report Abuse

Any news been published for the asset acquired?

Posted by allanchong1988 > 2016-11-01 06:41 | Report Abuse

http://www.enanyang.my/news/20161101/%E5%8F%8C%E5%A8%81%E4%BA%A7%E6%89%98br-%E5%8A%9E%E5%85%AC%E6%A5%BC%E4%B8%9A%E5%8A%A1%E5%B0%86%E5%A4%8D%E8%8B%8F/

i found this. Have a look and continue to fly high....xD

Posted by kalimuthu1414 > 2016-11-04 11:14 | Report Abuse

Jibby went China asking for funds, in return way he extended the Chinese visit VISA for another 1 year. Foreseen, SUNREIT will be beneficiated.

Posted by allanchong1988 > 2016-11-07 11:28 | Report Abuse

Logically yes. Currently, local spending is weak, hopefully, this arrangement will boost the economics.

Posted by kalimuthu1414 > 2016-11-07 16:59 | Report Abuse

Yes. don't stop the music.

Posted by sonicleong > 2016-11-10 16:34 | Report Abuse

jatuh....wat happen

Posted by allanchong1988 > 2016-11-11 09:44 | Report Abuse

after ex-date for the income distribution @sonic.

Posted by sonicleong > 2016-11-11 10:37 | Report Abuse

ic