Highlights
KLSE: SUNREIT (5176)       SUNWAY REAL ESTATE INVT TRUST MAIN : REITS
Last Price Today's Change   Day's Range   Trading Volume
1.56   0.00 (0.00%)  1.55 - 1.57  2,292,900
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Overview

Market Cap: 5,343 Million
NOSH: 3,425 Million
Avg Volume (4 weeks):2,600,030
4 Weeks Range:1.51 - 1.62
4 Weeks Price Volatility (%):
45.45%
52 Weeks Range:1.44 - 1.64
52 Weeks Price Volatility (%):
60.00%
Average Price Target: 1.87
Price Target Upside/Downside: +0.31

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2024 [#1]  |  16-May-2024
Next QR | Est. Ann. Date: 30-Jun-2024  |  17-Aug-2024
T4Q P/E | EY: 16.25  |  6.15%
T4Q DY | Payout %: 5.96%  |  96.89%
T4Q NAPS | P/NAPS: 1.4649  |  1.06
T4Q NP Margin | ROE: 46.20%  |  6.55%

Headlines

Date Subject
17-May-2024 【行家论股】双威产托 零售业务表现强劲
17-May-2024 SUNWAY REIT - New Assets To Lift Earnings
17-May-2024 Sunway REIT - A Soft Patch in 1QFY24
17-May-2024 SUNWAY REIT - Retail and Hotel Segments Poised to Propel Growth
17-May-2024 Sunway REIT's NPI Drops 5.6% After Sale of Medical Centre
17-May-2024 Sunway Real Estate Investment Trust - 1Q24 Results Within Expectations
03-May-2024 STRATEGY - Local Institutional Support Drive Upward Momentum
21-Apr-2024 Unfazed by Volatility: 5 Malaysia REITs with Strong Fundamentals (KingKKK) - AXREIT, CLMT, IGBREIT, SUNREIT, PAVREIT
18-Apr-2024 REITs - Onslaught of Supply, Retail to Hold Up Better
02-Apr-2024 STRATEGY - Reversion to Foreign Selling, Replacing 3 New Top Picks
12-Mar-2024 REITS - Appealing Valuation With Widening Yield Spread
04-Mar-2024 Strategy - Mixed Results, Mild Adjustment to Index Growth Outlook
01-Mar-2024 Sunway REIT Plans Asset Improvements Worth RM1b
28-Feb-2024 Sunway REIT - Resilient Income Streams
16-Feb-2024 These are the stocks analysts favour for 2024
06-Feb-2024 YNH Says ALX Asset Can’t Raise Enough Fund to Buy 163 Retail Park
05-Feb-2024 Strategy - Rising foreign buying with local support
31-Jan-2024 【行家论股】双威产托 高成本拖累业绩
31-Jan-2024 MQ Market Updates - 31 January 2024
31-Jan-2024 Daily Market Report - 31 Jan 2024

Business Background

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.
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  9 people like this.
 
Healthy gosh,what a volume ....sunway piramid kena boom kah???
15/09/2023 5:03 PM
bullrun2025 Maybe fund change hand
15/09/2023 5:08 PM
smartly 88m changed hand. rank 6 most active.
15/09/2023 5:35 PM
NorthernStar special dividend or bonus coming? maybe.....
15/09/2023 6:22 PM
MrKiasu 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
15/09/2023 9:23 PM
smartly 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 ?
15/09/2023 10:29 PM
Pinky Old news la. Dah lama tau
16/09/2023 11:29 AM
hhhiii123 seem like porfolio adjustment by Fund manager, the price may rebound back to 1.50 very soon, grab it if you can, wakaka
16/09/2023 2:41 PM
speakup Aneh sekali, price 1.45 back to COVID lockdown era. Maybe all Sunway malls and hotels shutdown again?
16/09/2023 2:45 PM
bullrun2025 Any bad effect due to sunway medical centre disposal?
17/09/2023 7:21 PM
InvestIcon 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
18/09/2023 8:37 AM
bullrun2025 Thank You for your explaination
18/09/2023 9:35 AM
Pinky The only cons I see from disposal of medical properties is reduced diversification
18/09/2023 9:45 AM
VerySmartInvestor 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.
18/09/2023 10:08 PM
VerySmartInvestor Furthermore, Sunreit can also benefit from switching to higher return assets. This is a win-win deal.
18/09/2023 10:09 PM
flyhub888 why reduce diversification if the particular business can generate profit ?
18/09/2023 11:13 PM
Pinky @flyhub888

No more rental from medical properties = reduced diversification
19/09/2023 10:39 AM
flyhub888 means reduced profit as well?
19/09/2023 11:27 PM
speakup 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
20/09/2023 7:43 AM
lee901 Aeon contributed a lot to sunreit earning...without aeon....traffic flow also drop a lot...
20/09/2023 10:07 PM
speakup @lee901, lu cakap pa ni? this weekend lu pigi pyramid, lu tengok!
21/09/2023 7:41 AM
InvestIcon 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
21/09/2023 9:11 AM
hhhiii123 15 Sep sharp drop is caused by EPF 11mil shares acquisition, lol
21/09/2023 8:55 PM
FetcoveXX (Sunway-REIT) will have an improved earnings outlook from financial year 2024 (FY24) onwards, driven by increased footfall at its malls, helped further by the recovery in domestic tourism and inbound tourists. Kenanga Research said as international and domestic visitors return, alongside tenant sales and footfall recovering to pre-pandemic levels, it is likely that business momentum will continue to sustain.
23/11/2023 5:13 PM
FetcoveXX Continue to chip in
06/12/2023 5:28 PM
speakup https://www.thestar.com.my/business/business-news/2023/12/20/sunway-reits-property-buy-buoys-yield-mix
20/12/2023 2:01 PM
speakup Just a matter of time will hit 1.80
20/12/2023 2:02 PM
paperhand123 LOL rhb tp rm3....
12/01/2024 3:04 PM
BlowWater69 rm3😂😂😂
bravo👏
14/01/2024 4:36 PM
Pinky Mistake/error by i3 la

That was TP for Sunway Bhd, not SUNREIT
15/01/2024 9:51 AM
ImCK sunreit is blackhorse if target become second largest cap MREIT then sunreit must have 7billion market cap means 20% upside potential minimum
15/01/2024 8:40 PM
Kitty Kitty Sunreit has been increasing their portfolio organically. Acquisition of non performing property in the market and then dressing them up entirely yielding higher profit margin once the tenancy is full. Look at the port acquisition.
16/01/2024 7:39 AM
Pinky I'm looking forward to a mall by the sea by Sunway. Would be nice to have coffee or beer by the sea
16/01/2024 9:19 AM
speakup https://www.thestar.com.my/business/business-news/2024/01/30/sunway-reit-acquires-163-retail-park-for-rm215mil
Nice!
30/01/2024 1:13 PM
speakup https://theedgemalaysia.com/node/699087
Nice!
30/01/2024 2:53 PM
speakup Sunreit fantastic QR! total dividend this year 9.3sen! equivalent to 5.9%! 2x more than FD! today open 1.65?
31/01/2024 7:45 AM
speakup https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=144164&name=EA_GA_ATTACHMENTS
31/01/2024 7:47 AM
speakup Wahhh didn't know got chan tambah Sunreit. Yay
31/01/2024 10:48 AM
hhhiii123 Sunreit div 9.2cen p.a, share price 1.57, pavreit div 9.2cen p.a, share price 1.30, so which one you should buy,wkaka
31/01/2024 1:26 PM
speakup Both also speak up got
31/01/2024 2:13 PM
speakup Both Tambahhhh
31/01/2024 2:14 PM
speakup 1.61
next stop 1.70?
06/02/2024 9:31 PM
speakup 新年快乐
06/02/2024 9:35 PM
Stan Lee the sunreit acquire giant income cant see in annual report?
07/02/2024 1:06 PM
Pinky @Stan Lee

The acquisition is pending approval by Economic Planning Unit
07/02/2024 1:29 PM
Dylan Jovari what happenedd
01/03/2024 5:04 PM
edwiniw https://www.klsescreener.com/v2/news/view/1285785/sunway-reit-plans-asset-improvements-worth-rm1b
01/03/2024 10:40 PM
MULTIEVER lai liao lai liao 🍻
22/03/2024 1:02 AM
KingKKK Unfazed by Volatility: 5 Malaysia REITs with Strong Fundamentals (KingKKK) - AXREIT, CLMT, IGBREIT, SUNREIT, PAVREIT

https://klse.i3investor.com/web/blog/detail/bestStocks/2024-04-21-story-h-182972911-Unfazed_by_Volatility_5_Malaysia_REITs_with_Strong_Fundamentals_KingKKK
21/04/2024 7:36 PM
winner168 Good news coming?
30/04/2024 4:27 PM


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