Highlights
KLSE: ALAQAR (5116)       AL-AQAR HEALTHCARE REIT MAIN : REITS
Last Price Today's Change   Day's Range   Trading Volume
1.50   -0.01 (0.66%)  1.50 - 1.50  40,000
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Overview

Market Cap: 1,104 Million
NOSH: 736 Million
Avg Volume (4 weeks):174,770
4 Weeks Range:1.49 - 1.52
4 Weeks Price Volatility (%):
33.33%
52 Weeks Range:1.21 - 1.52
52 Weeks Price Volatility (%):
93.55%
Average Price Target: 1.49
Price Target Upside/Downside: -0.01

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2019 [#1]  |  29-May-2019
Next QR | Est. Ann. Date: 30-Jun-2019  |  29-Aug-2019
T4Q P/E | EY: 12.19  |  8.21%
T4Q DY | Payout %: 5.13%  |  62.24%
T4Q NAPS | P/NAPS: 1.2887  |  1.16
T4Q NP Margin | ROE: 87.49%  |  9.55%

Headlines

Date Subject
19-Jul-2019 Al-`Aqar Healthcare REIT - Positives priced in
30-May-2019 Al-`Aqar Healthcare REIT - Stable Rental Income Growth
21-Feb-2019 Al Aqar Healthcare REIT - Steady Earnings
03-Dec-2018 Al 'Aqar Healthcare Reits - Stable Earnings
31-Oct-2018 Al 'Aqar Healthcare Reits - a Defensive Healthcare REIT
10-Aug-2018 [转贴] AGM游记(2018) —— ALAQAR + ALSREIT - Easy Wong

Business Background

Al-Aqar Healthcare Real Estate Investment Trust is a Malaysia-based company. Its activity is investing in Syariah-compliant properties with the primary objective of providing unitholders with distribution and potential for sustainable long-term growth of such distribution and capital appreciation. The company operates through the geographic segments that are Malaysia and Australia. The Malaysian geographic segment generates maximum revenue for the company.
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  sms1981 likes this.
 
kong73 A reminder why u shud accumalate al aqar
04/01/2017 10:35 PM
kong73 By now Al Aqar shud get RM100million soon to bolster their war chest
10/01/2017 6:45 AM
kong73 Just received dividends from AL - Aqar...sweet
28/02/2017 6:35 PM
Value Investor Coo1eo AGM gives good insights.....wait and watch
19/05/2017 12:12 AM
smalltimer Why sell blow market value? After 8yrs sell at ma4ginal price
26/06/2017 8:31 AM
wida wht happen to al aqar
17/07/2017 10:01 AM
Value Investor Coo1eo look at the volume!
18/07/2017 12:59 PM
Value Investor Coo1eo Folks, so far no news....any new developments here?
09/08/2017 11:05 PM
kong73 Tidur zzzzz
11/10/2017 6:32 PM
sunsesengineering Future price RM 1.80 target because new property come in.
18/01/2018 4:14 PM
desmondcsh Why keep drop ah? Rugi now. Zzzz. Seems like will go lower
19/01/2018 7:44 PM
hng33 swap capital from osk, bought alaqar at 1.31
25/01/2018 3:23 PM
kong73 Cool
26/01/2018 1:30 PM
kinuxian last 2 distribution is 3.75 - 3.8 cents.
26/01/2018 1:38 PM
hng33 sold back alaq at 1.33, lock contra profit, free up capital
30/01/2018 2:43 PM
kong73 Add some more 4000 units at 1.27
16/03/2018 4:59 PM
RainT Share price drop to 1 year low , really gila

DY now almost 6 % , double of bank FD rate
25/03/2018 12:05 PM
kong73 Yup
26/03/2018 9:47 PM
desmondcsh 1.14. Epf nonstop selling lol
28/03/2018 10:26 PM
desmondcsh Sorry not epf, but kwap
28/03/2018 10:29 PM
shuenn wait at 1.00
30/03/2018 6:23 PM
Dakewlest Managed to buy.
18/04/2018 5:58 PM
Dakewlest No volume today...
19/04/2018 12:39 PM
kong73 On the fence
19/04/2018 6:44 PM
Kenokaya can this counter go down a bit, am waiting to buy. Or shud i buy at today's price, can anyone advise.
07/05/2018 2:13 PM
Patrick Ling Can start collecting
07/05/2018 2:23 PM
Kenokaya Thank you Patrick Ling...
07/05/2018 3:33 PM
jypang i bought in by april, when can i get 1st dividend distribution? tq
25/05/2018 3:47 PM
Patrick Ling Soon....9th July 2018
28/05/2018 2:20 PM
ThisIsJay Is there any discussion group for Malaysia reit?
07/06/2018 11:10 AM
Patrick Ling Type 'mreits v7' in google search engine
07/06/2018 2:16 PM
jypang is the june dividend already paid to investor?
18/06/2018 9:49 AM
sg999 is the dividen payout changed to every 3 month?
26/06/2018 2:48 PM
kong73 Twice a year
11/07/2018 5:08 AM
Saw555 I bought at 10-Apr. Am I eligible for June dividend? Is the dividend paid to investor yet?
12/07/2018 1:16 PM
kong73 Yes dividend paid on the 9th june
14/07/2018 9:02 PM
kong73 Sorry 9th july dividend paid If you are still holding their shares after 13th June
14/07/2018 9:04 PM
kong73 Second income distribution coming at 1.95 sens/unit. Ex date 18 Sept 2018. Entitlement date 20th Sept 2018@5.00pm
09/09/2018 7:23 PM
cong5895 Very low profile reit like atrium, dividend looks very good.
18/09/2018 9:58 AM
Lim Tek Wai Very interesting stock ! Worth to invest tho
18/09/2018 10:24 AM
Lim Tek Wai wah, suddenly fly because of no road block today. Profit everyday thanksss
19/09/2018 1:58 PM
Yihming This stock still can invest?
04/10/2018 6:39 PM
kong73 Can
17/10/2018 11:20 PM
Lee Lee Wong Hi does anyone know how to calculate the dividend can help me out? I bought 2600 shares I thought that I could received around 49 but then I just got 34.08
20/10/2018 1:16 AM
kong73 INVESTMENT HIGHLIGHTS
•A defensive healthcare REIT
•Asset acquisition to expand portfolio
•Stable earnings in 1HFY18
•Steady earnings outlook
•Initiate Coverage with BUY Call and TP of RM1.45

A defensive healthcare REIT. Al-`Aqar Healthcare REIT (Al-`Aqar) is the world’s first listed Islamic Healthcare REIT and it is also the only healthcare REIT in Malaysia. Al-`Aqar is supported by its sponsor - KPJ Healthcare Berhad. As at Dec 2017, Al-`Aqar’s properties comprise of 19 hospitals and 3 healthcare related properties in Malaysia and Australia with total portfolio value of RM1.46b. In terms of geographical exposure, 21 out of the 22 assets are located in Malaysia while the remaining one asset is located in Australia.

Asset acquisition to expand portfolio. Al-`Aqar is looking to expand portfolio via asset acquisition. Asset acquisitions in the pipeline are KPJ Batu Pahat (RM70m), KPJ Kluang (RM80m) and KPJ Segamat (RM70m). The asset acquisitions are expected to take place within the next two years. Aside from asset acquisitions, Al-`Aqar is also looking at building ambulatory care centre and hospital expansion projects (Ampang Puteri Specialist and Penang Specialist) to expand their portfolio.

Stable earnings in 1HFY18. FY17 core net income of RM59.9m was weaker by 2.7%yoy, in line with weaker topline (-4%yoy) mainly due to loss of income from Selesa Tower. Meanwhile, earnings in 1HFY18 were stronger at RM32.3m (+10.3%yoy), supported by renewal of leases, rental contribution from car park block at KPJ Selangor Specialist Hospital (acquired in December 2017) and lower sukuk financing cost.

Steady earnings outlook. We expect Al-`Aqar core net income to grow 1.4%yoy in FY18 assuming stable rental reversion of +2% per annum. Nevertheless, we forecast FY19 earnings to be flattish as we expect higher refinancing cost of sukuk to offset the higher rental income. Meanwhile, distribution per unit (DPU) of Al-`Aqar is expected to remain stable which translates into net dividend yield of 5.7%.

Initiate Coverage with BUY call and TP of RM1.45, based on Multi Stage Dividend Discount Model (Required rate of return: 7.2%, Perpetual growth rate: 2.2%). We like Al-`Aqar for: i) its unique positioning as a defensive healthcare REIT in Malaysia, ii) stable earnings growth and low earnings downside risk and iii) its distribution yield of 5.7% is slightly higher than peer’s average of 5.6%.

Source: MIDF Research - 31 Oct 2018
02/11/2018 11:12 AM
vivoviva price will fall down soon
19/11/2018 5:04 PM
RainT @Lee Lee Wong

your dividend receive is net of tax and some charges

so that is why the net dividend , bank in to your bank account is less
21/12/2018 5:09 PM
RainT good this AL AQAR finally wake up and go up

finally , please up more to another level ya

before continue sleeping again ...
13/02/2019 11:47 PM
KNM Sailang Margin All In Heavenly Punter's 3rd Pick!
14/04/2019 10:53 AM
KNM Sailang Margin All In Looks really steady... buy this can sleep everyday
14/04/2019 5:58 PM


 

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