Highlights
KLSE: HEKTAR (5121)       HEKTAR REITS Main : REITS
Last Price Today's Change   Day's Range   Trading Volume
1.51   -0.01 (0.66%)  1.51 - 1.52  152,500
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Overview

Market Cap: 605 Million
NOSH: 401 Million
Avg Volume (4 weeks):155,655
4 Weeks Range:1.51 - 1.60
4 Weeks Price Volatility (%):
0.00%
52 Weeks Range:1.48 - 1.70
52 Weeks Price Volatility (%):
13.64%
Average Price Target: 1.60
Price Target Upside/Downside: +0.09

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2017[#1]  |  23-May-2017
Next QR | Est. Ann. Date: 30-Jun-2017  |  01-Aug-2017
T4Q P/E | EY: 14.39  |  6.95%
T4Q DY | Payout %: 6.75%  |  97.15%
T4Q NAPS | P/NAPS: 1.4584  |  1.04
T4Q NP Margin | ROE: 33.98%  |  7.20%

Market Buzz

Date Type Subject
23-May-2017 Quarter Result Quarter Result on 31-Mar-2017[#1] QoQ - -19.87% YoY - -10.13%.
22-May-2017 Entitlement HEKTAR REITS declared First Interim Dividend - RM 0.023, the ex-dividend date on 02-Jun-2017.
25-May-2017 Meeting Notice Extraordinary General Meeting on 13-Jun-2017.
25-May-2017 Meeting Notice Extraordinary General Meeting on 13-Jun-2017.
27-May-2017 Forum 1 New Comment

Headlines

Latest Headlines
27/04/2017  PublicInvest Research Headlines - 27 Apr 2017
27/04/2017  Mplus Market Pulse - 27 Apr 2017
28/03/2017  [转贴] 浅谈Hektar~BY乡下小子
15/02/2017  Mplus Market Pulse - 15 Feb 2017

Business Background

Hektar Real Estate Investment Trust (Hektar REIT) is a Malaysia-based real estate investment trust. It is managed by Hektar Asset Management Sdn. Bhd. Its principal activity is to invest in shopping centers with the objective of achieving attractive level of return from rental income and for long-term capital growth. Hektar REIT's portfolio consists of shopping centers, including Subang Parade, Mahkota Parade and Wetex Parade and Classic Hotel. Subang Parade is a shopping center located in the heart of Subang Jaya's commercial district and with a net lettable are of 474,612 square feet (sq ft). Mahkota Parade is a shopping center located in the commercial and tourist center, which is situated in the heart of Melaka town and with a net lettable are of 461,067 sq ft. Wetex Parade and Classic Hotel is a retail development located within the commercial district of Muar, Johor and with a net lettable area of 167,362 sq ft. In 2009, the portfolio of Hektar REIT received 21.3 million visits.
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Parkson Just close it and move to Sunway Velocity. Losing is IOI not getting rental.

Posted by ks55 > Aug 6, 2016 06:50 PM | Report Abuse

Even Parkson Stall in IOI City Mall cannot attract customer, even though IOI City Mall is full of people during week ends.

Go and see for yourself...........
06/08/2016 19:05
Parkson Closing down an un profitable outlet is easier than selling whole shopping mall when it gets empty. If you go to Penang One Stop is one example of abandoned shopping mall despite 20 years ago business is very good there.
06/08/2016 19:06
Low Shen-Cheang To Parkson, any mall if badly managed will fail, and mall build with individual lots for sale are difficult if not impossible to manage. Those fail malls you mentioned fall into this category.
09/08/2016 21:48
investabc No more cheap hektar
15/08/2016 18:08
Yippy68 Price surge when you see no future
15/08/2016 21:46
Patrick Ling When will they announce the renounceable rights issues?
16/08/2016 13:36
Yippy68 Subang parade ...look bad. I hope it won't be like mqreit..drop like waterfall after x dated...kn
17/08/2016 16:36
smartly proposed right issue !!!
better run fast fast..
05/09/2016 20:06
Patrick Ling I am staying to buy the right issues. When are they announcing it?
06/09/2016 12:52
remus So this why Hektar is flying recently? --> 10-Oct-2016 Hektar REIT buys Johor shopping centre for $24.07 million from Ecofirst Consolidated
Read more at: http://www.dealstreetasia.com/stories/55061-55061/
17/10/2016 17:29
gforce2 It's actually quite old news (June 2016). We'll have to wait for Ecofirst to have their AGM (25 Oct) to approve the transaction. The wild fluctuations could be due to the fact that more than 71% of the shares are privately held by the major shareholders, and the relatively low daily volumes.
17/10/2016 19:32
investabc 1.68 was done last quater before ex dividend. Hektar is still good value when compared with other retail reits.
17/10/2016 20:13
Yippy68 I sold off hektar as I feel 1.66 is the peak, it will comeback to 1.50 level in dec when parkson close down. Moviing to Mqreit, better yield and great potential as most premises are 100 % rented out.
22/10/2016 04:03
Undefeated Once the acquisition of 1 Segamat completed, foresee the share price to rise to 1.80 level where the yield squeeze to Pavreit and Sunreit level. This is the best REIT in Malaysia with steady yield.
08/11/2016 00:36
derricksyl announce div 2.6 sen .
16/11/2016 20:26
levihi that is 0.026 sen - -
19/12/2016 12:10
gforce2 http://www.bursamalaysia.com/market/listed-companies/company-announcements/5336709

Looks like Rights issue to be postponed.
15/02/2017 11:57
tlxian123 any adviser can advise me about this share ? I'm newbie.
30/03/2017 03:38
Low Shen-Cheang Hektar owned 6 well managed shopping complex, only one complex in Kuang valley, the rest in smaller town or city. Major shareholder are, one singaporean employee fund, EPF, and government related fund, no major share holder in construction activity. A stable REiT.
31/03/2017 16:38
chamlo Tough times for REITs
http://www.thestar.com.my/business/business-news/2017/04/22/tough-times-for-reits/
22/04/2017 10:08
investabc Switch to logistic/warehouse reit
22/04/2017 21:07
Patrick Ling When will the rights issues be approved?
26/04/2017 14:40
myway Hektar REIT undertakes RM62m asset enhancement initiatives
http://www.theedgemarkets.com/article/hektar-reit-undertakes-rm62m-asset-enhancement-initiatives
26/04/2017 19:16
PenguinDad More rental space and more dividend!
28/04/2017 10:03
newboy Why the month May dividend is not announce yet?
12/05/2017 11:22
investabc Late this month hope not get pregnant lol
13/05/2017 16:07
newboy @investabc, thanks. why this May dividend is end of month and not follow like last year, early May?
14/05/2017 00:43
investabc I dun know but i think its ok
15/05/2017 13:21
newbie4444 Not RI also come? Ask for more money to pay us peanut?
15/05/2017 13:25
remus Why drop so much yesterday?!
16/05/2017 10:01
Patrick Ling sign of rights issue coming?
16/05/2017 15:07
4444 Why QR not out? Loss RM 50 million and need right issue?
17/05/2017 22:34
Su Wei due date is 30may,i oso waiting
18/05/2017 14:27
investabc @4444 sifu how did you find out Hektar loss 50 million ?
18/05/2017 20:00
Mohammad Ahmad Din Reits are quite safe and stable stock , but lately the price sliding down.. I think now may be a good time to buy, does anyone agree with me?
20/05/2017 12:02
ks55_ i3 said QR 24th Apr why still not out? Loss QR and need money for RI?
https://klse.i3investor.com/quoteservlet.jsp?sa=ss&q=HEKTAR13
21/05/2017 11:07
ks55_ RM 50 million loss so need RI RM 150 million?
21/05/2017 11:09
investabc Hektar's malls have 96% occupancy, busy collecting rent and you say it lost money are you kidding me ? The reason Hektar makes right issue was to buy another mall. Hektar has done the right issue few years ago at around rm 1.20 and the share price went up to 1.50 very quick. Please do some homework instead of talking like a half bucket investor.
21/05/2017 12:31
myway Maybank IB wishes to announce that Bursa Securities had, vide its letter dated 18 May 2017, approved the Listing Application.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5432585
22/05/2017 11:03
Su Wei 2.3sen dividend ,drop 0.3sen
22/05/2017 18:12
myway Hektar REIT declares 2.3 sen DPU for 1QFY17
http://www.theedgemarkets.com/article/hektar-reit-declares-23-sen-dpu-1qfy17
23/05/2017 08:41
Parkson8888 If profit is true why need right issue? RI meant for paying dividend? Turnover drop by RM 800K. staffs no need increment or use RI money to pay their increments?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5432585
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5435525
23/05/2017 20:15
investabc If the reported profit not true you go report to the police mah. The financial reports of the china companies are so fake but no body complains. Faint...
24/05/2017 14:29
Parkson8888 William Cheng is a billionaire. How abt Hektar boss? Got money to subscribe RI? Subang and Mahkota Parade used to be owned by Parkson if sell now who can buy?
24/05/2017 16:04
Parkson8888 Just visited Hektar newly acquired shopping malls. More and more shop lots get vacant every month. So RI required to pay bank interest and loan?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5435525
24/05/2017 16:11
Parkson8888 Since QR and dividend announcement Hektar already drop 5 sen. Can cover by dividend? Why need RI? "Creative accounting" is the answer.
24/05/2017 21:15
sell Why RI needed? MPJMB outstanding claim RM 12.148962 million for Mahkota Parade still unpaid.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5440453
26/05/2017 12:59
sell RI needed when report profit not creative accounting?
26/05/2017 13:02
sell Commercial sector facing tough challenges
http://www.focusmalaysia.my/Property/commercial-sector-facing-tough-challenges
26/05/2017 22:34
investabc For rental income the retail reits are still better than buying shops your own. The conventional shopping is affected by online shopping and therefore logistic reits are doing well.
27/05/2017 13:08


 

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