SUNWAY REAL ESTATE INVT TRUST

KLSE (MYR): SUNREIT (5176)

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Last Price

1.85

Today's Change

0.00 (0.00%)

Day's Change

1.83 - 1.85

Trading Volume

552,300


9 people like this.

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

antonb

17 posts

Posted by antonb > 2017-02-27 12:33 | Report Abuse

the Cheah family have sold more than 10 million shares in this counter last week.....

gthhh

172 posts

Posted by gthhh > 2017-02-27 23:01 | Report Abuse

ya man, what happened to the Cheahs

sosfinance

1,305 posts

Posted by sosfinance > 2017-03-06 12:21 | Report Abuse

@allanchong1988 = Cheah family sold about 25 million shares only. (each person must give separate notices to the company) After selling, they still have 1,230 million shares or 42%.

They sold about 2%. The DY for the SREITS is about 5.7%. Perhaps they found some other biz can provide a higher return than 5.7%.

Zea XG

303 posts

Kieff

6 posts

Posted by Kieff > 2017-03-12 10:49 | Report Abuse

What is the impact to sunreit if bank negara increases interest rate?

Alphabeta

235 posts

Posted by Alphabeta > 2017-03-15 12:02 | Report Abuse

Refer to Sunreit AR 2016 Part 1 Page 58 under message from CEO, the capital management section stated clearly that the average cost of debt is 3.93% and the ratio of fixed rate borrowings have increased from 88% in FY2015 to 94% in FY 2016. Hence, any hike in interest rate by Bank Negara will have little impact on Sunreit finance cost. Anyway the debts to total assets of Sunreit is around 33%, a comfortable position from the 50% limit set.

The key is whether the planned strategy in FY 2017 (page 59) will further enhance the earning and DPU going forward. It needs to maintain a yield spread of 2% over the 10-year MGS which is currently around 4% else any hike in interest rate by US Fed will exert pressure 10-yr MGS yield and indirectly affect its share price.

lkwah86

259 posts

Posted by lkwah86 > 2017-03-15 16:59 | Report Abuse

how to calculate the dividend that I'll received?

Second Income Distribution of 2.28 sen per unit (of which 1.67 sen per unit is taxable and 0.61 sen per unit is non-taxable/tax exempt)

Alphabeta

235 posts

Posted by Alphabeta > 2017-03-15 17:08 | Report Abuse

The taxable portion of 1.67 sen/unit, the tax rate is 10%. Hence the net of tax will be 1.503 sen/unit (1.67 x 90%). If you add this net of tax portion to the tax exempted portion of 0.61 sen/unit. The total Dividend you received per unit will be 2.113 sen/unit.

Hence, if you have 1,000 units of Sunreit, you should get RM 21.13 dividend payment RM(2.113 x 1000)/100.

Posted by allanchong1988 > 2017-03-16 14:26 | Report Abuse

@sosfinance well noted. Thanks..

Kieff

6 posts

Posted by Kieff > 2017-03-16 17:09 | Report Abuse

thanks!

24bits

5 posts

Posted by 24bits > 2017-03-16 23:14 | Report Abuse

When the divide is pay ?

Posted by allanchong1988 > 2017-03-18 08:27 | Report Abuse

@Alphabeta, you think if BNM increase the interest rate, REIT will become less attractive? The DPU and the yield will be affected right?

Alphabeta

235 posts

Posted by Alphabeta > 2017-03-19 21:38 | Report Abuse

Sunreit has on one hand has converted 94% of its borrowings into fixed rate. Hence, any increased in interest rate will have little impact on Sunreit finance costs.

Investors will compared the Sunreit's yield with that of MGS 10-yrs yield around 4.1%. Since MGS rating is much better, investors will expect a yield spread of 2%. A hike in interest rate will exert pressure on MGS 10-yr yield.

For Sunreit to maintain its current price, its strategy to improve its earning in future must be realizable to improve its DPU payout in order to maintain that yield spread of 2%.

Hence, end of the day, it is your view on whether Sunreit management has been in the past able to deliver its promises and continue to do so in future.

Alphabeta

235 posts

Posted by Alphabeta > 2017-03-19 21:58 | Report Abuse

Another factor is the USD/RM exchange rate, US dollar has strengthen for a quite a while. Since US Fed is adopting a less aggressive rate hike, US dollar has weaken. The strength of RM against USD will also play a part in deciding MGS 10-yr yield. A lot of moving parts to look out.

The most important factor is whether Sunreit management can continue to deliver earning growth and higher DPU payout.

Alphabeta

235 posts

Posted by Alphabeta > 2017-03-19 22:09 | Report Abuse

Sunway is a credible developer and very transparent. Sunreit management has been able to continuously enhance its properties and create value.

tlxian123

94 posts

Posted by tlxian123 > 2017-03-30 03:13 | Report Abuse

I'm a newbie here, any1 can give me advise about this share ?

Posted by aurangzeb318 > 2017-03-30 12:08 | Report Abuse

Its a good time & rate to Buy is 1.71 ... Check the Charts .. Check the announcements ....... Big Players are buying it .... But you need to buy at right price .........

tlxian123

94 posts

Posted by tlxian123 > 2017-03-31 20:56 | Report Abuse

aurangezeb318 thx dude, appreciate ~

tlxian123

94 posts

Posted by tlxian123 > 2017-04-10 20:29 | Report Abuse

THis counter like sleeping alr, all the country so crowded recently, only this all silent.

tjunkie

123 posts

Posted by tjunkie > 2017-04-10 20:38 | Report Abuse

don't treat REITs as a "goreng" stock. they r not. their prices are less volatile and moves along the appreciation value of their property assets

kshinann

36 posts

Posted by kshinann > 2017-04-12 09:46 | Report Abuse

This one keeping just for the good dividend.

Posted by allanchong1988 > 2017-04-25 13:29 | Report Abuse

when can it's share price going up? its been some time stayed in the range of 1.69 - 1.73.

ejtic

256 posts

Posted by ejtic > 2017-05-08 09:55 | Report Abuse

Another's sterling quarterly results

Yippy68

1,690 posts

Posted by Yippy68 > 2017-05-09 06:56 | Report Abuse

the dividend is no more attractive as price gone up...i made, i sold and i move to bplant .....15 sen at 1.63

lefty88

81 posts

Posted by lefty88 > 2017-06-06 21:25 | Report Abuse

did u guys receive your dividend today? (6/6/2017) ?

wei007

43 posts

Posted by wei007 > 2017-06-06 23:14 | Report Abuse

yes. received.

543212

3 posts

Posted by 543212 > 2017-06-10 17:33 | Report Abuse

Hi , I am newbie in stock trading. Do you all think now is the right time to buy Sun Reit?

Posted by Kelvin Lee Chun Huen > 2017-06-14 00:31 | Report Abuse

They never be a Good time. It's depend on how long you want to hold this stock. If you wish to hold for long term prospect. Go for it. If you wish for short term. No

pooter

72 posts

Posted by pooter > 2017-06-30 17:26 | Report Abuse

1.78

Sunway velocity injected?

Deskent

91 posts

Posted by Deskent > 2017-07-06 15:37 | Report Abuse

Today drop to 1.69, good time to reenter?

Posted by Kelvin Lee Chun Huen > 2017-07-06 17:05 | Report Abuse

Not Sunday velocity injected. Bcoz of last Friday, EPF bought 3mil unit

Subway velocity in this moment won't be injected. Jeffrey cheah had said velocity still making loss. Furthermore. If injected to reits will kena tax

Posted by Ching Kuan > 2017-07-28 15:48 | Report Abuse

why drop suddenly?

kathir

1 posts

Posted by kathir > 2017-08-01 14:39 | Report Abuse

please explain me the internal and external environments affecting the company and market.

gforce2

208 posts

Posted by gforce2 > 2017-08-03 21:01 | Report Abuse

http://www.theedgemarkets.com/article/sunway-sells-hotel-property-sunwayreit-rm340m

KUALA LUMPUR (Aug 3): Sunway Bhd is disposing of its Sunway Clio property to Sunway Real Estate Investment Trust (Sunway REIT) as it wants to eliminate any conflict of interest with regards to the property.

Sunway said its wholly-owned subsidiary, Sunway Forum Hotel Sdn Bhd, will receive RM340 million for the property which comprises the Sunway Clio Hotel, a three-storey retail space and a multi-storey carpark.

...

Pursuant to the exercise, Sunway City Sdn Bhd (SunCity), which is the holding company of Sunway REIT, Sunway Forum and Sunway Leisure, is providing Sunway REIT a guaranteed net property income (NPI) of RM20.23 million per annum for a period of four years.

Should there be any shortfall, SunCity said it will pay the amount equivalent to the difference between the actual total annual NPI achieved and the guaranteed NPI.

Babiyou8

94 posts

Posted by Babiyou8 > 2017-08-10 20:02 | Report Abuse

song arh dividend

ejtic

256 posts

Posted by ejtic > 2017-08-11 13:01 | Report Abuse

Sui sui boh chow chooi

harpluck

21 posts

Posted by harpluck > 2017-09-18 09:50 | Report Abuse

Good management but I heard that some asset valuation is way below the purchase price. Is it true? Do you think it'll affect the share valuation or it's just the operating figures we are looking at?

Posted by maclin72 > 2017-09-18 19:38 | Report Abuse

chart is looking for breakout?

Posted by armadasaxon > 2017-10-27 15:41 | Report Abuse

dividend drop la

pooter

72 posts

Posted by pooter > 2017-10-30 22:36 | Report Abuse

When r they announcing this qtr?

kongming1

74 posts

Posted by kongming1 > 2017-10-31 10:20 | Report Abuse

Quarterly report will out today after 5pm. Sunreit got announce it in bursa

Aaron Ong

33 posts

Posted by Aaron Ong > 2017-10-31 17:35 | Report Abuse

its gonna go up for sure after the positive results

Babiyou8

94 posts

Posted by Babiyou8 > 2017-10-31 18:42 | Report Abuse

Damn good, omg, got extra RM1000 dividend

LOLANTO

126 posts

Posted by LOLANTO > 2017-10-31 19:05 | Report Abuse

HO SEI LIAO!!

Posted by armadasaxon > 2017-11-01 16:11 | Report Abuse

y price no shoot geh

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