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Annual Report Hints :
  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 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 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 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 Lim Tek Wai wah, suddenly fly because of no road block today. Profit everyday thanksss 19/09/2018 1:58 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 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 kong73 NEUTRAL recommendation. Our target price is based on DDM valuation. While we like Al-`Aqar as a defensive healthcare REIT in Malaysia with stable earnings and low earnings downside risk, unit price upside is limited at the moment. Distribution yield of Al-`Aqar is estimated at 5.0%. 01/10/2019 7:50 PM factslim1 For the fourth quarter ended Dec 31, 2018 (4QFY18), net rental income rose 5.9% to RM24.36 million versus RM23.01 million for the previous year on higher contributions from its Australian segment. Quarterly net profit rose 16% to RM44.05 million from RM37.98 million previously mainly on higher fair value gains. Revenue rose 4.5% to RM25.9 million from RM24.78 million a year ago. For the full year, net rental income rose 3.7% to RM96.61 million versus RM93.21 million previously. FY18 net profit came in 8% higher at RM91.37 million versus RM84.65 million, while revenue rose 3% to RM102.65 million from RM99.65 million. 18/11/2019 4:56 PM LATO' SELI Year low now ? Any view, is this good reit counter for long-term , alt to FD ?? 19/12/2019 11:00 AM Thinkcarefully If u have spare cash buying alaqar reit below 1.4 will definitely be better than putting in FD. Earnings and dividends are increasing at snails pace.But unlike retail reits which are badly affected by online shopping doctors will need a physical room to see patients 19/12/2019 7:43 PM  |
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