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

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A call warrant is in-the-money when the exercise price is lower than the price of the underlying share.

A put warrant is in-the-money when the underlying share price is lower than the exercise price.

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Discussions
1 person likes this. Showing 50 of 1,916 comments

Justmeme

Their properties are quite old already. Think there are better REITS around compare than Hektar. Not worth while to pour more money into Hektar

2 months ago

Welsonnotwell

I think still cheap tho & Q2 revenue & profit are slowly showing up, cant go lower anymore

2 months ago

HafizAjiad98

Hektar berkemungkinan menjana keuntungan lebih RM10 juta pd suku berikutnya

2 months ago

OppenHermes

NTA is around RM1.05 but the current share price is only 52 cents. Big discounts

2 months ago

durianbay

Some movement already, Hektar rdy to go up?

2 months ago

HosayLiu

wow, nice, Hektar REIT receives prestigious ESG award recognition in outstanding ESG performance and dividend return category in 2024

2 months ago

OppenHermes

Alrdy got the dividend last Friday. Waiting for the opportunity to chip in again 😊

2 months ago

Illvya

0.52 entry point right? seems hard to enter near 0.50

2 months ago

KarmaS

yup, now just wait for next season dividend

1 month ago

HafizAjiad98

Dah mula naik selepas dapat dividen. Susah nak masuk pd 52 sen sekarang ..

1 month ago

AndrewHo93

Hektar REIT balances occupancy growth with sustainability initiatives
https://theedgemalaysia.com/node/731466

1 month ago

MrMoptop3

HEKTAR REIT has won the gold award at The Edge Malaysia ESG Awards 2024 in the outstanding ESG performance and dividend return category. While having a 4.7% increase in occupancy and a 10% rise in footfall across its properties in 2023, Hektar energy consumption has maintaned at 2022 levels, showing its commitment to operational efficiency.

1 month ago

calvintaneng

Posted by MrMoptop3 > 26 minutes ago | Report Abuse

HEKTAR REIT has won the gold award at The Edge Malaysia ESG Awards 2024 in the outstanding ESG performance and dividend return category. While having a 4.7% increase in occupancy and a 10% rise in footfall across its properties in 2023, Hektar energy consumption has maintaned at 2022 levels, showing its commitment to operational efficiency.

HEKTAR REITS OWN THE MAKOTA PARADE IN MELAKA NEAR THE ICONIC TOURISM HEARTLAND

WITH FAN BINGBING HELPING TO PROMOTE SURE GOING TO DO VERY WELL

HEKTAR REIT ALREADY GIVE A YIELD OF 8%

ONE OF THE SAFEST DIVIDEND PLAY

1 month ago

SincereStock

sold a few HEKTAR at 0.540 to top up asiapac. (01 november 2024, morning session) still got some HEKTAR left.

1 month ago

HosayLiu

Hektar REIT trading at a big discount! With it being 48% below the FY25 NAV, it's definitely worth looking into for a long-term buy. High potential for upside!

1 month ago

OppenHermes

9% distribution yield in FY25 with higher occupancy rates? This HEKTAR is looking better and better, especially with new tenants boosting cash flow stability 🤗

1 month ago

HafizAjiad98

Teruja melihat Hektar mempelbagaikan harta Kolej Yayasan Saad. Pajakan 30 tahun ke atas harta pendidikan membawa tahap kestabilan baharu. Tindakan hebat oleh pihak pengurusan

1 month ago

fl1zz0

climbing to 0.55, good sign

1 month ago

SincereStock

cut loss sold all remaining HEKTAR at 0.520 (cut queue at morning session open price, 27 november 2024). QR EPS is not up to my satisfactory despite without the one off expenses to acquire new subsidiary

3 weeks ago

AndrewHo93

Hektar Reit's earnings slowed but revenue grew in the third quarter, driven by solid income generated from education asset Kolej Yayasan Saad

https://www.nst.com.my/property/2024/11/1140069/hektar-reits-earnings-eases-revenue-rises-q3

3 weeks ago

KaiserKazer

Result within expectation, aminvest buy call TP 0.86
Source : AmInvest, Price Call : BUY, Price Target : 0.86
Last Price : 0.52, Upside/Downside : +0.34(65.38%)

3 weeks ago

calvintaneng

Salient factors

1. Cost of construction material and labour up
If revalue Assets should + 20% to 30% $$$

3 weeks ago

calvintaneng

China tourists returning to Melaka in droves due to Fan Bing Bing

3 weeks ago

calvintaneng

Airline from Spore to Melaka now on

3 weeks ago

calvintaneng

Govt pumped cash into Govt servants' pockets

Melaka tourism will boom

3 weeks ago

calvintaneng

Makota Parade has iconic landmark as it is near historic A Formosa

Tourist attraction like
Great wall of China
Or Taj Mahal of India

3 weeks ago

calvintaneng

Future is bright

The Book says

The time of the end knowledge shall increase and they shall travel to and from (Daniel 12:4)

So tourism will increase

3 weeks ago

HosayLiu

Average occupancy rate of malls is expected to improve in 4QFY24 with new tenants secured, especially at Mahkota Parade

3 weeks ago

HafizAjiad98

Dato kumpul secara berturut-turut. Tunggu ape lagi 😁

https://klse.i3investor.com/web/insider/detail/SBSH_601382_2897782358

3 weeks ago

VeeCJay

wah big fish coming in, 0.51 really cheap for HEKTAR now

3 weeks ago

4086

Luckin coffee in all hektar and kip reit malls

3 weeks ago

OppenHermes

How about ZEUS, COFFEE BEAN, STARBUCKS, etc? 😆 I think they are also tenants of HEKTAR

2 weeks ago

w0nderfultime

Average occupancy rate of malls dipped slightly to 85.6% in 3QFY24 but is expected to improve in 4QFY24 with new tenants secured. New tenants have been secured for Subang Parade, Mahkota Parade, Central Square and Segamat Central. These new tenants are expected to increase the overall average occupancy rate of its malls to 92% by end of FY24.

2 weeks ago

AndrewHo93

Mahkota Parade will surely contribute more revenue in the future due to the boom in Malacca’s tourism

2 weeks ago

OppenHermes

No need to worry about the occupancy rate, many popular brands will be opened in Hektar's shopping malls

2 weeks ago

KaiserKazer

We project higher distributable income in FY25F with new tenants secured for existing shopping malls, coupled with the rent contribution of Kolej Yayasan Saad after completing the acquisition of the asset in July 2024. We maintain BUY on Hektar REIT with an unchanged TP of RM0.86/unit based on DDM with a WACC assumption of 7.4% Current unit price of RM0.53 represents a discount of 47% from our FY25F NAV per unit of RM1.00.

2 weeks ago

HafizAjiad98

Hektar REIT menawarkan hasil dividen mengekori sbyk 8.00%. Justeru, ia akan menarik lebih byk minat pelabur di pasaran

2 weeks ago

HosayLiu

Net property income of Hektar will grow in Q4 for sure

2 weeks ago

VeeCJay

The distribution yield of HEKTAR is projected to increase to 8.9% in FY25F, up from 6.5% in FY24F, driven by improved mall occupancy rates and steady rental income from the newly acquired asset.

1 week ago

OppenHermes

Eddie Ong, a prominent shareholder in Malaysia, has also invested in Hektar REITs. What are you waiting for? 😀

1 week ago

w0nderfultime

just keep accumulate Hektar, one of the steady reits here

1 week ago

AndrewHo93

Melaka recorded 12.32 million tourists from Jan to Oct this year! Hektar's mall in Melaka surely has positive yield

https://www.bernama.com/en/news.php/world/general/news.php?id=2372936

1 week ago

HafizAjiad98

Hektar mula bergerak. Tanda-tanda lonjakan muncul

1 week ago

HosayLiu

Malaysian real estate investment trusts (REITs) may get a boost from another rate cut by the US Fed next week

1 week ago

AndrewHo93

The real estate investment trust (REIT) segment, which has been performing commendably this year, is expected to maintain its steady momentum into 2025 !

https://www.thestar.com.my/business/business-news/2024/12/16/steady-outlook-for-reits

6 days ago

miniminer

All REIT are performing except Hektar that even had obtained low-rate loan. Hard to believe!!! May be KYS purchase is the root cause. .........hehehe.......................

5 days ago

OppenHermes

Rest assured, Eddie Ong collected again. Just a matter of time for Hektar to rally

https://klse.i3investor.com/web/insider/detail/SBSH_602692_201920553

4 days ago

HosayLiu

Higher income likely for Hektar-REIT in FY25

Retail property-focused Hektar Real Estate Investment Trust (Hektar-REIT) is expected to see higher revenue and distributional income from the entry of new tenants to several malls under its portfolio for the financial year ending Dec 31, 2025 (FY25).

“We expect the overall weighted average occupancy rate of Hektar malls to increase from 85.6% in the third quarter of financial year 2024 (3Q24) to 88.2% in 4Q24 and 91.1% in 1Q25 driven by the entry of new tenants,” AmInvestment Bank Research said.

It added that the REIT has completed the first phase of its asset enhancement initiatives (AEI) with replacement of lifts and escalators as well as new tenants secured for 4Q24 in Subang Parade.

The research house maintained a “buy” call on the stock but revised the target price slightly lower to 85 sen per unit from 86 sen to reflect the delayed start of a new anchor to one of Hektar-REIT’s six malls.

“We expect an improvement in the unit price from rise in occupancy rates of existing shopping malls with new tenants secured,” it said.

Hektar-REIT’s acquisition of its first ever education asset, Kolej Yayasan Saad, would start to contribute to gross revenue with a steady yearly rental reversion rate of 2.5% throughout the lease period of 30 years.

“With the second phase of the AEI underway for Subang Parade, new tenants secured recently would raise the mall’s occupancy rate to 85.1% in 4Q24 from 77.5% in 3Q24, while two mini anchor tenants expected to start operations in 1Q25 would raise the mall’s occupancy rate to 86.5%.

“We expect the rental from these new tenants to increase Hektar-REIT’s revenue in FY25,” it said.

As for Hektar-REIT’s mall property, Central Square in Sungai Petani in Kedah, the research house expects an uplift in gross revenue from 1Q25 from rental from two anchor tenants, which would occupy a combined net lettable area of up to 45,000 sq ft, raising the occupancy rate to 89.9% by 1Q25 from 75.4% in 3Q24.

“Expect improvements in the rental yield and occupancy rate for Segamat Central due to the ongoing reconfigurations of lower ground floor space, tenant remixing initiatives and a new anchor tenant entry,” it said.

Hektar-REIT’s reconfiguration strategy involves subdividing floor space from a large anchor tenant into smaller lots to boost rental yields with a higher rent per sq ft.

To create a more diverse tenant mix aligning to consumer preference, Hektar-REIT has plans to introduce more food and beverage outlets and lifestyle stores to Segamat Central, with a new anchor tenant to begin operations in 1Q25, bringing the occupancy rate to 81.4% from 72.4% in 3Q24.

https://www.thestar.com.my/business/business-news/2024/12/20/higher-income-likely-for-hektar-reit-in-fy25

2 days ago

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