KLSE (MYR): SUNREIT (5176)
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Last Price
1.46
Today's Change
-0.01 (0.68%)
Day's Change
1.46 - 1.47
Trading Volume
375,200
Market Cap
5,000 Million
NOSH
3,425 Million
Avg Volume (4 weeks)
7,279,742
4 Weeks Range
1.44 - 1.53
4 Weeks Price Volatility (%)
52 Weeks Range
1.38 - 1.66
52 Weeks Price Volatility (%)
Previous Close
1.46
Open
1.47
Bid
1.46 x 1,207,600
Ask
1.47 x 865,500
Day's Range
1.46 - 1.47
Trading Volume
375,200
Latest Quarter | Ann. Date
30-Jun-2023 [#2] | 17-Aug-2023
Next QR | Est. Ann. Date
30-Sep-2023 | 17-Nov-2023
T4Q P/E | EY
16.06 | 6.23%
T4Q DY | Payout %
6.59% | 105.81%
T4Q NAPS | P/NAPS
1.47 | 1.00
T4Q NP Margin | ROE
44.34% | 6.21%
2023-09-21
2023-09-21
2023-09-20
Sector: REAL ESTATE INVESTMENT TRUSTS
Sector: REAL ESTATE INVESTMENT TRUSTS
Subsector: REAL ESTATE INVESTMENT TRUSTS
Subsector: REAL ESTATE INVESTMENT TRUSTS
Description:
Sunway Real Estate Investment Trust provides unitholders with a diversified portfolio of retail, hospitality, office and other real estate assets. Sunway REIT divides its property type into four categories: retail, hotel, office, and others. The retail properties, which include shopping malls and hypermarkets, generate the most revenue for the company. The retail properties? tenants include department stores, supermarkets, cinemas, entertainment centres, fashion stores, convention centres, and others. The investment trust focuses on retail and mixed-use assets in cities and townships in Malaysia.
https://theedgemalaysia.com/node/679148
Analysts rate Sunway REIT a 'buy' on higher rental reversions, hotel occupancy prospects
1 month ago
What are the reasons for gross rental income dropped from Q1/2023 RM 183m to RM 166m in Q2/2023?
1 month ago
Less retails sales for Q2 as compared to Q1 (CNY festival) as lower sales commission generated from retails.
1 month ago
Why the huge spike in trading volume? Now trading at its NAB of 1.46 which seems attractive.
1 week ago
Last time during COVID I bought at 1.45 and all their malls and hotels forced to closed, today back to 1.45!
6 days ago
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.
6 days ago
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
6 days ago
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 ?
6 days ago
seem like porfolio adjustment by Fund manager, the price may rebound back to 1.50 very soon, grab it if you can, wakaka
6 days ago
Aneh sekali, price 1.45 back to COVID lockdown era. Maybe all Sunway malls and hotels shutdown again?
6 days ago
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
4 days ago
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.
3 days ago
Furthermore, Sunreit can also benefit from switching to higher return assets. This is a win-win deal.
3 days ago
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
2 days ago
Aeon contributed a lot to sunreit earning...without aeon....traffic flow also drop a lot...
1 day ago
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
1 day ago
speakup
https://theedgemalaysia.com/node/679092
Sunway REIT’s 2Q NPI rises 9%; declares 4.62 sen DPU
1 month ago