HEKTAR REITS
KLSE (MYR): HEKTAR (5121)
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Last Price
0.60
Today's Change
0.00 (0.00%)
Day's Change
0.595 - 0.60
Trading Volume
53,200
Overview
Market Cap
299 Million
NOSH
499 Million
Avg Volume (4 weeks)
660,070
4 Weeks Range
0.59 - 0.645
4 Weeks Price Volatility (%)
18.18%
52 Weeks Range
0.50 - 0.84
52 Weeks Price Volatility (%)
29.41%
Previous Close
0.60
Open
0.60
Bid
0.595 x 130,000
Ask
0.60 x 19,100
Day's Range
0.595 - 0.60
Trading Volume
53,200
Financial Highlight
Latest Quarter | Ann. Date
30-Jun-2023 [#2] | 29-Aug-2023
Next QR | Est. Ann. Date
30-Sep-2023 | 15-Nov-2023
T4Q P/E | EY
4.25 | 23.55%
T4Q DY | Payout %
12.85% | 54.54%
T4Q NAPS | P/NAPS
1.22 | 0.49
T4Q NP Margin | ROE
61.24% | 11.61%
News and Blogs
Company Profile
Sector: REAL ESTATE INVESTMENT TRUSTS
Sector: REAL ESTATE INVESTMENT TRUSTS
Subsector: REAL ESTATE INVESTMENT TRUSTS
Subsector: REAL ESTATE INVESTMENT TRUSTS
Description:
Hektar Real Estate Investment Trust is a retail focused REIT. Hektar REIT's principal objective is to provide its Unitholders with a defensible income distribution and to enhance the long-term value of the fund. It invests in income-producing real estate primarily used for retail purposes. Hektar REIT's portfolio currently consists of shopping centres situated in Subang Jaya, Melaka, Muar, Sungai Petani and Kulim.
Discussions
1 person likes this. Showing 50 of 1,672 comments
jatuh satu hari, skrg naik balik ke 64 sen. Memang blh kutip jika ade berlaku pelarasan harga
3 weeks ago
should be ez for Hektar to push up unless performance when south (which is impossible)
3 weeks ago
Estimated that HEKTAR will be able to record more than RM30 million in revenue in the upcoming quarter
3 weeks ago
revenue might be around the range of previous quarters, so 30m might not be far off actually
3 weeks ago
If Qr release today then I'm happy hehehehe, getting closer to dividend payout everyday
3 weeks ago
@Kobayashi73 @smartly
The Board of Directors of Hektar Asset Management Sdn. Bhd. (“The Board”) has recommended
and the Trustee has approved an interim income distribution of 2.70 sen, amounting to
RM13,467,275 for the Second Quarter ended 30 June 2023.
The Board had determined that the Income Distribution Reinvestment Plan (“IDRP”) shall apply
to the entire Income Distribution for the Second Quarter ended 30 June 2023, where the gross
electable portion will be 2.7 sen per unit, amounting to RM13,467,275 for the Second Quarter
ended 30 June 2023.
Hektar REIT will issue new units to Unitholders who elect to exercise the reinvestment option.
The issue price, which will be determined and fixed by the Board on the price-fixing date, shall
not be more than a 10% discount to the 5-day volume weighted average market price
(“VWAMP”) of the units immediately prior to the price-fixing date.
3 weeks ago
Sure got declaration of dividend. RM0.053 dividend payout (with dividend reinvestment plan), ex-date on 25 Jan 2024 and payment date on 24 Feb 2024
3 weeks ago
no dividend ? sure anot ? HLB & Aminvest also giving out buycall.. better wait for next announcement
3 weeks ago
Got div or not but the prices seems to be nose diving today. Don't tell me announce 2.7 cts div and today down 2 cts ?????... if like that ........mati lah
3 weeks ago
KUALA LUMPUR: Hektar Real Estate Investment Trust (Hektar REIT) remains positive and resilient in achieving growth backed by an aggressive and strategic leasing approach to increase the occupancy rate.
“Moving forward, our focus will be on the repositioning and sweating of assets under management to increase revenue and enhance operational efficiencies,” it said in a filing with Bursa Malaysia.
In the second quarter ended June 30 (2Q), Hektar REIT registered revenue of RM27.2mil and net property income (NPI) of RM15.5mil.
Hektar REIT said its NPI recorded a significant growth of 13% compared to the same quarter of the previous year, with an impressive NPI margin of 56.9%, indicative of effective financial management
The realised net income for 2Q stood at RM6.9mil, which also showed improvement and was almost 6% higher than the same quarter in the preceding year.
Hektar REIT has declared an interim income distribution of 2.70 sen per unit for six months ended 2Q 2023, amounting to RM13.4mil.
Hektar Asset Management Sdn Bhd chief executive officer Johari Shukri bin Jamil said: “Retail activities remained strong in this quarter on the back of festivities, and our malls continue to be well-positioned as neighbourhood and community hubs.
“Our commitment to improving our malls' overall tenancy mix and occupancies has been rewarded with improved occupancy rates across the board. Our strategic financial management, such as the reduction in gearing ratio and the successful implementation of a group-wide cost optimization programme, has resulted in a robust NPI margin of 56.9%, demonstrating the financial resilience of our portfolio,” he said in a statement.
The Star 28.8.2023
3 weeks ago
Relax lah, retrace abit only. Still feeling optimism & this few days are going to pump back up
3 weeks ago
Aminvest stated Tp 81 sen, no worries la. Hektar still got lots of positive points
https://klse.i3investor.com/web/pricetarget/research/68493
3 weeks ago
@Justmeme@idunwork. Sorry, something wrong with the software that capture the numbers... It's 2023 one, not 2024
3 weeks ago
Its occupancy rate rose 0.9% YoY to 85.7% in Q2FY2023 and believe Hektar will generate more revenue for the next quarters
3 weeks ago
Time to upgrade the software by using the profit that earned from this counter. hehe
3 weeks ago
of course, haven't announce dividend too, once announce then confirm will shoot up
3 weeks ago
Q2 result as expected, revenue abit low compare to Q1 due to the nature of seasonality.. anyhow just wait for the next announcement...
3 weeks ago
Yup, Interim Distribution of 2.70 sen (gross) per HEKTAR REIT unit for second quarter ended 30 June 2023.
2 weeks ago
In terms of percentage dividend 2.7 cts is not that bad. Which equal to about 8.5% and after tax of 7.65 %. But the last time 6 months ago the reinvestment price as I remember is 65 cts. Now the price is down to that level. Would in 6 minths time the price be at 55.5 cts ?.......
2 weeks ago
https://malaysia.news.yahoo.com/paris-hilton-thrills-hundreds-fans-032508288.html
who owns Sogo? look like Sogo is hot!
6 days ago
Hektar – declining dividends per unit for the long-term investor
Hektar is a Bursa shopping centre REIT with currently 5 properties with about 2 million sq ft of lettable area.
A long-term unit holder would have suffered during the past 15 years with declining Dividends per unit
While Revenue and FFO in 2022 were higher than those in 2007, PAT was lower. We can trace the financial performance to the declining tenancy performance.
The number of units in Hektar increased from 320 million units in 2007 to 469 million units in 2022 while the financial performance deteriorated. This meant that on a per unit basis, unitholders were worse off in 2022 compared to 2007. Earnings per unit and FFO per unit declined. This then led to a declining Dividend per unit. Refer to the infographics https://i.postimg.cc/bYBGQT8x/Hektar.png
When hunting for REIT, don’t look at current dividend yield. Look at its history of how it grew. Growth may not benefit you.
For more insights of Bursa companies and stock tips, refer to https://www.youtube.com/watch?v=B8jucWeYbR0
2 days ago
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