Posted by speakup > 1 month ago | Report Abuse

https://theedgemalaysia.com/node/679092
Sunway REIT’s 2Q NPI rises 9%; declares 4.62 sen DPU

Posted by hhhiii123 > 1 month ago | Report Abuse

Lol, market not buy in higher div from sunreit

Posted by cn21 > 1 month ago | Report Abuse

https://theedgemalaysia.com/node/679148
Analysts rate Sunway REIT a 'buy' on higher rental reversions, hotel occupancy prospects

Posted by triplex3mob > 1 month ago | Report Abuse

lai liao lai liao, rising soon

Posted by treasurehunt > 1 month ago | Report Abuse

What are the reasons for gross rental income dropped from Q1/2023 RM 183m to RM 166m in Q2/2023?

Posted by goldenhope > 1 month ago | Report Abuse

Less retails sales for Q2 as compared to Q1 (CNY festival) as lower sales commission generated from retails.

Posted by IOI 1882 > 1 month ago | Report Abuse

1.52 mahal lol......

Posted by triplex3mob > 1 month ago | Report Abuse

collect dividend ok lah

Posted by i3gambler > 3 weeks ago | Report Abuse

https://klse.i3investor.com/web/headline/blog

Posted by cooledhawk123654 > 1 week ago | Report Abuse

why sunreit sharp fall?

Posted by hhhiii123 > 1 week ago | Report Abuse

Lol laosai, ready to collect more again

Posted by speakup > 1 week ago | Report Abuse

New CEO tak boleh pakai one
Bring back Jeffrey Ng please

Posted by Hong Wei Phoon > 1 week ago | Report Abuse

Mari mari mari

Posted by Healthy > 1 week ago | Report Abuse

apa pasai ......look at that volume...

Posted by Hooi369 > 1 week ago | Report Abuse

bukan cakap chart cantik and call buy meh apa pasal pula...

Posted by Stan Lee > 1 week ago | Report Abuse

today what happen?take liao dividen all cabut?

Posted by Batman888 > 1 week ago | Report Abuse

Mari hoot9e

Posted by speakup > 1 week ago | Report Abuse

Can see many ppl cut loss sunreit

Posted by Hong Wei Phoon > 1 week ago | Report Abuse

define your many is how many.

Posted by steventim777 > 1 week ago | Report Abuse

Why the huge spike in trading volume? Now trading at its NAB of 1.46 which seems attractive.

Posted by speakup > 1 week ago | Report Abuse

Why drop back to COVID level? Are all their malls and hotels closed again?

Posted by speakup > 1 week ago | Report Abuse

Last time during COVID I bought at 1.45 and all their malls and hotels forced to closed, today back to 1.45!

Posted by bullrun2025 > 1 week ago | Report Abuse

gogogo, now reverse up liao

Posted by Hong Wei Phoon > 1 week ago | Report Abuse

run before too late.

Posted by Pinky > 1 week ago | Report Abuse

This selldown is very strange indeed

Posted by Healthy > 1 week ago | Report Abuse

gosh,what a volume ....sunway piramid kena boom kah???

Posted by bullrun2025 > 1 week ago | Report Abuse

Maybe fund change hand

Posted by kinuxian > 1 week ago | Report Abuse

Nothing strange, today is witching day, most likely Vanguard group switch out, as they were hold 70m units as of 31 Aug, BlackRock come as 2nd with 33m holding according to MorningStar.

Posted by smartly > 1 week ago | Report Abuse

88m changed hand. rank 6 most active.

Posted by NorthernStar > 1 week ago | Report Abuse

special dividend or bonus coming? maybe.....

Posted by MrKiasu > 1 week ago | Report Abuse

I think the sharp decline today is cause by the AEON news this morning.
https://www.klsescreener.com/v2/news/view/1202801/closure-of-aeon-sunway-pyramid-won-039-t-have-material-impact-on-aeon

Posted by smartly > 1 week ago | Report Abuse

if is caused by AEON closure, then the impact is as follows :-
sunway pyramid mall gross revenue = 84millions
aeon contributed 4.8% of spm gross revenue = 84m x 4.8% = 4m
overall impact to sunreit = 4m/166m = 2.4% damage
today's share price drop -2.68%
more or less absorb ?

Posted by Pinky > 1 week ago | Report Abuse

Old news la. Dah lama tau

Posted by hhhiii123 > 1 week ago | Report Abuse

seem like porfolio adjustment by Fund manager, the price may rebound back to 1.50 very soon, grab it if you can, wakaka

Posted by speakup > 1 week ago | Report Abuse

Aneh sekali, price 1.45 back to COVID lockdown era. Maybe all Sunway malls and hotels shutdown again?

Posted by bullrun2025 > 1 week ago | Report Abuse

Any bad effect due to sunway medical centre disposal?

Posted by InvestIcon > 1 week ago | Report Abuse

SMC book value at around 330m with rental 7%. Disposed to Sunway at 420m. Sunreit use it to settle part of 6 properties purchase from EPF which estimate rental return of 8% per year. I think when these 6 properties purchases complete in Q4. Sunreit's DPU will improve instead of bad effect

Posted by bullrun2025 > 1 week ago | Report Abuse

Thank You for your explaination

Posted by Pinky > 1 week ago | Report Abuse

The only cons I see from disposal of medical properties is reduced diversification

Posted by VerySmartInvestor > 1 week ago | Report Abuse

As hospital base on EBITDA for IPO value. Own a property will improve EBITDA since Interest, Depreciation and Tax are excluded in calculation of IPO value. So, I would think main reason for disposal of SMC building back to Sunway so that SMC has a real assets that will improve SMC’s EBITDA which in turn fetch higher IPO value in 2026. Estimate IPO price for SMC is around 20 x EBITDA.

Posted by VerySmartInvestor > 1 week ago | Report Abuse

Furthermore, Sunreit can also benefit from switching to higher return assets. This is a win-win deal.

Posted by flyhub888 > 1 week ago | Report Abuse

why reduce diversification if the particular business can generate profit ?

Posted by Pinky > 1 week ago | Report Abuse

@flyhub888

No more rental from medical properties = reduced diversification

Posted by flyhub888 > 1 week ago | Report Abuse

means reduced profit as well?

Posted by speakup > 1 week ago | Report Abuse

Sunreit has about 25 properties in their portfolio. At most, SMC is a small dent to its profits. Aeon too.
It's not like Igbreit which only has 2 properties (good ones though) in their portfolio

Posted by lee901 > 6 days ago | Report Abuse

Aeon contributed a lot to sunreit earning...without aeon....traffic flow also drop a lot...

Posted by jamawa7775 > 6 days ago | Report Abuse

a

Posted by speakup > 6 days ago | Report Abuse

@lee901, lu cakap pa ni? this weekend lu pigi pyramid, lu tengok!

Posted by InvestIcon > 6 days ago | Report Abuse

I go to Pyramid at least twice weekly. Sad to say, I remember only been to Pyramid Aeon less than 3 times. Since Pyramid lease the space base on SqFt or certain % on Revenue which ever higher. I don't think Aeon can contribute good rental to Pyramid. The exit of Aeon is actually good news for Sunreit future DPU growth

Posted by hhhiii123 > 6 days ago | Report Abuse

15 Sep sharp drop is caused by EPF 11mil shares acquisition, lol