Highlights
KLSE: HEKTAR (5121)       HEKTAR REAL ESTATE INVESTMENT TRUST MAIN : REITS
Last Price Today's Change   Day's Range   Trading Volume
0.58   -0.005 (0.85%)  0.575 - 0.585  128,000
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Overview

Market Cap: 268 Million
NOSH: 462 Million
Avg Volume (4 weeks):327,695
4 Weeks Range:0.57 - 0.615
4 Weeks Price Volatility (%):
22.22%
52 Weeks Range:0.49 - 0.725
52 Weeks Price Volatility (%):
38.30%
Average Price Target: 1.05
Price Target Upside/Downside: +0.47

Financial Highlight

Latest Quarter | Ann. Date 31-Dec-2020 [#4]  |  25-Feb-2021
Next QR | Est. Ann. Date: 31-Mar-2021  |  22-May-2021
T4Q P/E | EY: -11.24  |  -8.90%
T4Q DY | Payout %: 4.19%  |  - %
T4Q NAPS | P/NAPS: 1.2476  |  0.46
T4Q NP Margin | ROE: -21.45%  |  -4.14%

Headlines

Date Subject
26-Aug-2020 Hektar 2Q2020 Quarter Report
29-May-2020 PublicInvest Research Headlines - 29 May 2020

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.
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kasinathan The quarterly result will be released by tomorrow
25/08/2020 11:33 AM
kasinathan The announcement for the dividend is expected to be released simultaneously.

Don't wasting your opportunity!
25/08/2020 11:35 AM
kasinathan 65 cents is coming !
26/08/2020 10:00 AM
kasinathan After today announcement, good dividend...
26/08/2020 10:05 AM
Lokeatme Hope so... Malls affected a lot during MCO...
26/08/2020 2:03 PM
Justmeme Any announcement yet ?
26/08/2020 2:39 PM
kasinathan Your investment is not for one quarter ....
26/08/2020 3:44 PM
kasinathan Result to be released by today, perhaps after 5pm.
26/08/2020 3:45 PM
kasinathan Hopefully, the first and second quarter dividends to be paid in October simultaneously.
26/08/2020 4:02 PM
kasinathan No dividend being announced yet.
26/08/2020 6:04 PM
kasinathan poor result is within expectation.
26/08/2020 6:05 PM
Lokeatme Yes.. hope for the best... But I rather prepare for the worst..
26/08/2020 6:17 PM
kasinathan Agreed. I will accumulate gradually to 1 million units as I bet on the second tier retail mall which is less competition if compared to kelang valley.

Bandar Malaysia is coming up and would add pressure to the existing office and retail mall here
26/08/2020 7:53 PM
investfuture Hektar released 2Q2020 quarter report,Realised income per unit 0.32cent(RM)per unit,compare to same period of time in 2019, dropped 84%

for more detail:
https://vitamincash.com.my/en_US/2020/08/26/hektar-2q2020-quarter-report/
26/08/2020 8:35 PM
Lokeatme Tks for the detail, research is helpful and realities
26/08/2020 10:29 PM
5354_ Why not Nov'20 or even later when Nov'20 QR announcement?

kasinathan Hopefully, the first and second quarter dividends to be paid in October simultaneously.
26/08/2020 4:02 PM
27/08/2020 8:03 AM
Justmeme But I heard no dividend have been declared for 1st half. Is it true ? Now have to wait till next year Feb
27/08/2020 12:39 PM
kasinathan I was visited Malacca yesterday but found out mahkota mall was virtually 30% of visitors if compared in September. Many shops were unoccupied!

I guessed hektar result would be extremely bad.
25/10/2020 5:46 PM
kasinathan USJ subang is almost dead
25/10/2020 5:46 PM
Lokeatme People afraid come out nowadays... Waiting for the vaccine ...
27/10/2020 10:24 PM
kasinathan The cash is virtually negative if compared to the size of borrowing. Will the company below water judging from the extremely tough business environment during covid 19?
02/11/2020 12:38 PM
Justmeme Should we suggest the management cut their management fees ? It goes with the time
03/11/2020 2:44 PM
kasinathan No dividend fir this financial year. 35 cents is coming
04/11/2020 11:46 AM
kasinathan Below water level is inevitable as the tenants are below water level as well
04/11/2020 11:47 AM
kasinathan To test 40 cents soon
09/11/2020 11:43 AM
kasinathan Probally after quarterly report out on next 2 weeks
09/11/2020 11:44 AM
UncleFollower There's a limit to how much a REIT can fall. No worries
16/11/2020 3:14 PM
Rex Ang murah...beli sikit simpan
18/11/2020 10:11 AM
UncleFollower My Hektar stake is making me more $ than Pav & Sun REITs...
24/11/2020 11:38 PM
InvestorA8 in Q3 2020 presentation
Hektar REIT Dividend Deferment during Moratorium Period
▪ Hektar REIT granted temporary deferment of interest / profit payment on financing facilities by
Malayan Banking Berhad and Maybank Islamic Berhad
▪ Moratorium Period for 6 months from 1 May to 31 October 2020
▪ Condition: no dividends to be paid to unitholders until full settlement of deferred interest / profit
payment on financing facilities
Hektar remains committed to paying 90% of distributable income in FY2020
▪ Management has discretion on dividend payment schedule

That means next quarter, HEKTAR need to declare rm15.9mil profit as dividend? (todate profit rm13m + assume Q4 4.5m) x90%. Which is rm0.345 per share (6% dividend yield at price 0.570)??.
07/12/2020 3:57 PM
idunwork InvestorA8
0.0345
08/12/2020 1:55 AM
investfuture hektar 3Q2020 analysis

https://vitamincash.com.my/zh_CN/2020/12/11/hektar-3q2020-quarter-report/
11/12/2020 5:33 PM
UncleFollower Easy gains. Wait for accumulated distribution
17/12/2020 5:45 PM
firehawk market price manipulated counter!
22/12/2020 10:30 AM
Justmeme 0.9 cts dividend only declared
29/01/2021 4:49 PM
Justmeme Very disappointed
29/01/2021 5:12 PM
UncleFollower Steady...0.9c is just for 4Q, about half of last year's 4Q. Hektar still has to answer for 1Q-3Q accumulated distribution
02/02/2021 2:40 PM
Justmeme Is it possible they will give it out ?
02/02/2021 4:42 PM
e1shi what the different income distribution and dividend? both still taxable right
04/02/2021 11:14 AM
Financier https://www.kopitiamtalk.com/real-estate/
07/02/2021 5:35 PM
stevenckheng now you need to give hektar dividend back instead of receiving
25/02/2021 5:28 PM
idunwork Hektar actually still has retained realized profit from previous quaters. The lost for current quater is just paper lose due to year end property valuation. Its not all bad because lower property value will help to reduce management fee for the coming qr.
25/02/2021 8:10 PM
Justmeme Looking at the counter, the NTA is above 1.20 and share prices is trading at 60 cts and with such low dividend, it makes more sense to fire the management team sell off the whole company and asset and finally distribute the money back to all the shareholders. At least this would be the best option under the current scenario. Just reading the latest report gives me the feeling that the management team lack foresight and nothing will be expected from them in the coming months or years.
18/03/2021 1:53 PM
rollingkim108 Yeah! Agreed with that! Management Team needs to go!
14/04/2021 12:36 PM
Lokeatme However they didn't mention in latest agm...

miniminer Hektar should payout the 2020 outstanding dividend this Q so to off-set some of MCO impacts, after all, I think this company remain strong and worth to buy at this price, cepat-cepat kasi 2020 outstanding dividend la, share baru boleh naik ma .......hehehe................
07/04/2021 3:03 PM
16/04/2021 9:14 PM
I_like_dividend Hektar 0.9 sen dividend for 1 year vs Amfirst 2.82 sen yet only 43 sen which 1 better buy?
20/04/2021 6:47 AM
Justmeme Ask yourself a question. Why do we buy REITS ?. If it is not the dividend, then what else ?. if they cannot pay a reasonable amount equal that of KWSP, then sell and get out and buy something better. Better put the money into KWSP then. We are not aiming for capital gain in the REITS and ask yourself, why the management keep paying themselves higher and higher fees every year by inflating the asset value. What leave is as shareholders ? and gone are our dividend.
21/04/2021 3:21 PM
Justmeme Actually I have already rotate some of it out to YTL and ARR Reits. I think when the market improve, they will be the first to benefit. My only regret is I did not sell all of it. if I know the management team is sleeping I would have sell all of it.
22/04/2021 4:02 PM
miniminer The Hekta CEO is giving a big smile here and his messages below all sound very OK & positive....
http://www.hektarreit.com/the-manager/letter-to-unitholders.php?y=2020&l=en
22/04/2021 10:26 PM
Justmeme It does paint a rosy picture but the action do not seems to be reflected in the dividend given to shareholders.
28/04/2021 11:18 AM


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