@dividendguy67 - thanks for the message. yes, indeed. that said value buy (with MOS) for KIP is round about 0.83..i would not anything pay more than 0.85
the high dividend yields comes with an inherent risk that we are taking. Not that small is bad, but I see a lot of uncertainty and lack of transparency from time to time. CEO is also very green and lacks the experience, riding on family business. i have been now accumulating S-REITs with strong sponsors like Mapletree, CapLand and Frasers. No witholding tax, and the SGD is more solid.

Salesman for RHB stock here.

Wow…I would be very happy if the gross dividend for next 12 months is 7sen. I prefer to be conservative and take gross 6.4sen which is average of past 3 FY. So nett around 5.8sen.

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Please consider the nett dividend (after withholding tax) which will give you around 6.3%
Not too bad

@success2628 is what I call a syndicate.

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899 - giving opinion is fair. but i think you like to 1 on 1 pick fights here. go to a boxing ring if u like to fight.
here is investor forum. make your point, not need to fight with people here.

not my forum, but i just think if you both so in love with each other, take it offline

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Need more transparency. I think this is heading close to RM1

Koyak

Holland. Speculators pushed up the price too much. Fair value is around RM2.9

Good points Gen2. Appreciate inputs and arguments.
Uchi will need to adapt to the "new norm" and find ways to grow.
Will just ignore this fly who is clueless.

899 you are just fly here. tkss.
RM2.35~2.5 is what I THINK the market will price Uchi given the factors i listed above. Just my estimate as Mr Market can be bearish given that Uchi has no other growth drivers (unless you know something I dont)
Anyways...no one understands Mr Market truly, and I could be wrong. Maybe fly up to RM5?

What show calculation? U want to learn? I dont think so, KNN
...you just want to mock at people. bugger off!
Calculate yourself....CCB

899 wanna mock opinions at least support with some good arguments la…do not make such statements. It shows ur mentality…knn.

OK - the impact will be significant. FY23 Uchi is not expected to do as well as FY22 because -
1. Sales will be flattish, or lower - topline lower
2. RM strenghtening - bottom line lower
3. Taxes - bottom line lower - EPS lower
4. Dividends will be slashed

Party is over.....thanks to MIDA and this Unity Government that is trying to get extra revenue anyway they can....

Share price will head south and finally normalise to abut RM2.35~2.5 given the forward looking PEx in the next few weeks/months.

Downtrend is inevitable. Trade cautiously.

anyone attended the AGM? anything interesting?

Very well written @StreetAnalyst. Fully agree with your assessment and FV estimate of KIP. Kudos

you write and study so much the financials. so much positive, yet you do not own any shares?
put your money where your mouth is!

Dividend will be 22sen. And giving special divvy of 20sen.

Stellar earnings expected.....brace yourselves for RM4...at minimum RM3.6 by year end.

Any comments on the new deal? Gross Property yield is only 6.5%
Share Placements will dilute EPS and DPS.....more leverage will be exposed to the new norm higher rates.
Where is the Growth?

Based on your calculation, KIP's earnings will be impacted around 1%
Other REITs will significant floating rate will be impacted more I guess.
But do note that this there are more rate hikes in the pipeline. And there is not much scope for rental revision should we experience a recession.

RM0.35 soon...debt laden. Should pare down the debts and improve margins...not pay dividends...

@keithtrade - where did you get that? Cash > MarketCap ???

people who say RM5.80 are the ones who are frustrated that they didnt buy when it was cheap. this kind of people we call sour grapes. i feel sorry for them.

interest rates going up....so i guess REITs will take a beating

If not for Kinta City, this REIT's revenue and earnings would have been impacted FY20 & FY21 - that is a fact.
Moving forward, with full reopening and optimism surrounding the promise of new shareholder/investor as well as mgmt guidance to diversify this REIT i guess the market is finally waking up and fairly appraising the valuation...to be closer to NAV

What is Brewing? It is heading towards RM1 steadily

Just for dividends, yes. However, be mindful that if there is a correction, you will lose much more than all the dividends you earned. and that is a fact...you can track the price in 2008 and 2020...how sharply it fell.

There is a reason why PB's PE is higher than MB. End of the day, MB is a GLC and will take on deals and make top level appointments that are not at the shareholders interest. If you compare the ROE and NPL of MB vs PB you will know why PB commands the premium valuation.
Anyways, if PE goes up, DY will come down...MB's has to max out on dividend because of PNB/ASB and this means very little is left to reinvest in the business and grow future earnings. DRP also dilutes shareholder value. So if you are pure income investor, then this is a good place, but do not expect MB to give you capital gains. Contrary, when there is a crisis or correction, MB share always shows a sharp pull back to around RM7..or lower. So if you can accept that, then this is again a good place.

Delaying the QR is a very big mistake...

@DickyMe - not only your name like a Lan...your mouth also stings like a Lan-ciu

RM1?

good analysis.....tell me. will the interest impact the profits moving forward? ring fenced or not.

Something is happening here....any insights?

sustain or not depends on how much more Putin wants to bomb...lol

Funny, you say your are "Long term Investor" and yet refer to a company / business as a "counter"
At RM3-3.1 it is fairly valued. Of course if you like to play the "goreng" counters go elsewhere. this is not your place @ Zacky Boy

I find this Tony very Prima Donna drama-king.
Likes to ride on trends. Changed AirAsia to "Capital A"...try to follow Google (Alphabet) and Facebook (Meta)

Holland when lose the MIDA contact...Pioneer status?

@TreeTopView....let's see if your Lower Balls also hang as you say to RM5.80

At this valuation - it's a no brainer.
If anyone with long term view (at least 10 years), will know that you will never catch the lowest. So just slowly accumulate.

@Treetop - I challenged your statement " reducing revenue and profits" as i assumed you are an investor who will have AT LEAST a 1-2 year annualized outlook.

But I guess you are one of those day/week trader that just looking at coming 1Q results, going by what analyst reports (which is nothing but garbage) then i guess you are not an investor in my eyes.
I wont waste more time to respond to you.
Good luck to you

@TreeTopView - the earnings drop past 2 quarters and all other "bad news" has been duly priced in. Next 4-8 quarters earnings and revenue reducing? Where did you get that?

Reducing Revenue and Profit? Did I miss something?

solid dividend is contingent on the rentals.....which can swing anytime. pay attn to the lowering occupancy levels in recent years of the Johor assets. If not for Kinta, would have tanked.

its fully valued....RM3.13 is fair. RM3.6 is the highest i would pay

funny...rocket to the moon!

FY21 dividend will be 20sen