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OverviewFinancial Highlight
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Business Background 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.
![]() monkeyDoz Less established and suburban malls did not fare as well compared to prime counterparts. YoY, the 21% drop in Hektar’s distributable income was mainly attributed to the increase in finance cost and negative rental reversion in FY22. 20/03/2024 4:53 PM Justmeme Think they are now planning some portfolio adjustment. Moving into other higher value properties with the new mamagement 22/04/2024 12:17 PM DividendGuy67 HEKTAR +3.65%. This year's new high. No published news in Bursa nor reported here. Thanks to HEKTAR plus 20 other green stocks offsetting 15 red stocks, my portfolio made new all time high again today! Thank-you Mr Market! 03/05/2024 8:14 PM DividendGuy67 HEKTAR closed strongly at 72 sen. Thanks to HEKTAR and 24 other green stocks offsetting red, my portfolio made new all time highs again today - that's 12 times in May alone. What an amazing month. Thank-you HEKTAR and thank-you Mr Market! 24/05/2024 1:03 AM miniminer hing not right for this counter, 1. Most of the mall counter like CMLT show good result during Holiday session but not this ctr. 2. Purchase additional business "School" did not see any improvement in profits. 3. The additional 20% private placement did not bring any positive value to current shareholders. 4. Compare to last years the result and distributable $$ is obviously declining while all sectors are recovering/performing, especially the tourism and mall. May be MACC need to check the accounting .......hehehe................... 29/05/2024 5:52 PM flyhub888 is their mall still crowded ? provided thr are a lot new mall popup recently 29/05/2024 10:02 PM firehawk Change in Boardroom HEKTAR REAL ESTATE INVESTMENT TRUST Date of change 11 Jun 2024 Name MR JOHARI SHUKRI BIN JAMIL Age 52 Gender Male Nationality Malaysia Designation Chief Executive Officer SUDDENLY resigned, 24-hour notice? 12/06/2024 12:56 AM DividendGuy67 https://www.thestar.com.my/business/business-news/2024/06/12/hektar-reit-chief-exec-johari-resigns https://theedgemalaysia.com/node/715052 As a retailer, I can't predict this. I believe market knew about this at least 1-2 weeks prior with the gap down after closing strongly at 72 sen. Nevertheless, this shows why it is important to diversify, so that sudden news like this doesn't prevent our total portfolio from making new highs again. Thanks to LCTITAN, today, my portfolio made new all time highs again, notwithstanding HEKTAR has been a drag since hitting a high of 72 sen 2 weeks ago. In fact, since 2 weeks ago, my portfolio made new all time highs 3 times, notwithstanding HEKTAR fell from 72 sen to 62 sen. 13/06/2024 6:33 PM bumichamps https://www.thestar.com.my/news/nation/2024/07/04/mara-inc039s-inefficient-implementation-led-to-accumulated-losses-of-rm2863mil-says-ag039s-report 😠 06/07/2024 1:12 PM Adam92Rosli Hektar Asset Management Sdn Bhd, the manager of Hektar Real Estate Investment Trust (Hektar Reit), announced yesterday the completion of the acquisition of Kolej Yayasan Saad Melaka (KYSM), a fully residential and co-educational private school, for RM148.5 million. The acquisition marks a pivotal moment in Hektar Reit's strategic expansion and diversification efforts, being the first educational asset in its portfolio, Hektar Asset Management said. KYSM has consistently ranked among the top 10 schools nationally for its Sijil Pelajaran Malaysia (SPM) results. It s renowned for excellence in both academic and co-curricular achievements since its establishment in 1995. https://www.nst.com.my/business/corporate/2024/07/1075474/hektar-reit-completes-kolej-yayasan-saad-melaka-acquisition%C2%A0 16/07/2024 5:51 PM Justmeme Pure loss counter. Former management team is a big time failure. Hope the new management team can revitalized this counter 05/08/2024 7:10 AM mf US stock futures sink as economic jitters persist, tech rout continuesInvesting.com- U.S. stock index futures fell in evening deals on Sunday amid persistent concerns over an economic slowdown and technology stocks continued to grapple with extended profit-taking. S&P 500 Futures fell 0.9% to 5,329.0 points, while Nasdaq 100 Futures fell 1.4% to 18,302.0 points by 19... 05/08/2024 8:16 AM Justmeme Expect shitty dividend this time. With an NTA above 1, maybe it would be better to liquadate this company and return all the money to the investors than continue this way. 13/08/2024 12:37 PM SincereStock bought into my very first reits counter HEKTAR at 0.545 (9.00am open price, 23 august 2024). improved revenue, EPS / distribution DPS due to new inclusion of KYS that seems yet to be reflected in price. one of the highest of not the highest DY reits counter. however, I am anticipating capital gain through market price increase due to the unreasonably high DY instead of investing for the long term DY itself. first reits I deemed as undervalue for trade. others seems to be traded at fair value therefore unable to attract my interest so far. 23/08/2024 9:03 AM Justmeme I agree but their portfolio of properties are not really attractive anymore. Very old and decreasing tenants. That is why I propose that the company fold up, dispose all the prperties and distribute the capital back to all the share holders. 23/08/2024 9:56 AM Justmeme Did I read it right ?... thay plan only 1.9 cts this time ???? lowest ever 23/08/2024 9:58 AM SincereStock @Justmeme agree and I love that idea, too bad management won't like the idea, rarely there is any entrepreneur that would like to fold up their business and go enjoy life with the money, they got addicted to keep running the business. it is like a child for them, not for sale 23/08/2024 10:28 AM SincereStock even at 1.9 cts, that is just for half year, full year assume another 1.9 cts, won't hard since they mentioned there is 1 off cost for kys this QR. assuming 3.8 cts for whole year that would still be 3.8 / 0.54 = 7%, a fantastic DY at current market price 23/08/2024 10:30 AM Justmeme Most Reits have already recover post covid. This Reits have been dropping n dropping from 1.30 to now. Almost at its low. Good or not ? 23/08/2024 11:21 PM ![]() ![]() | |