Agreement with GIC is listing by October 2027. SMC IPO before October 2027 is the call of Sunway. So, GIC still has to wait. Hahaha. But reported in the Edge on 17/4/23. According to Sunway Healthcare President Datuk Lau Being Long, a new hospital generally takes one to two years to turn profit. But the newly opened SMC Penang in November 2022 had achieved Ebitda positive in January 2023 and expected to achieve Net Profit this year. So, he hinted chances of SMC IPO before 2027 is pretty good as Valuation of Hospitals is base on Ebitda but not Net Profit. Cheers for those who trusted Sunway

SMC profit already meets the target for listing. Very likely it will list before the agreed dateline signed with GIC which is 2027. That means as early as 2025 or latest by 2026 SMC will IPO. The real potential value of Sunway will then unveil when SMC IPO at few time bigger than Sunway Market cap

Tuapui, your sai can use to plant Mao Sang King, like that can become Gold also

Tuapui, what happened to your Gold? Turn Sai now

@Tuapui, better throw your "gold" now. It turning sai very fast

Finally, sai is till sai. Cannot turns gold. Better lausai now before too late

With disposal of Bukit Jail Pavilion. Malton financially should be sound and able to resume distribute good dividend like before.

I wait for it to become super sai then buy some

No one interested in this Sai, how to become Gold?

Wah, this year is very fast. Good good

Tuapui, I think sai is still sai. You better Lausai now before too late

soon means few days? or few weeks ? or few years ? or few decades? or few centuries?

Tuapui, why the Sai still sai?

RM2,wah.... I now go to my backyard see can dicky dickyme some gold to buy this gold

How much will be the gold?

I log in here to 8 and make noise here cause I bought enough, or rather say I have no more money to buy.

Buy good assets, make so much noise. How to buy cheap

Are you sure it will turn to Gold? I only can afford to collect Sai, no money to collect Gold yet. You Lau some to me la

Wah, this is great. Give some hint when you intend to Lau. I see whether I can help you a bit

@bingoman, Reit is real investment. Even is slow, but you will sure make profit if you choose the right reit. 99% of long term reit investors make profit if take into accounts of Good Dividend receive every year. Go for speculative stocks if you prefer fast price moving. Speculative stocks, even though price moves up fast, but don't forget it will moves down fast . After all, the price up is not due to company make money for you, but is gambling between you and other groups of people. Strongest will rules. That means, if you are good in Speculative and an always winner gambler. Reit is not for you. But, do take note that historical record shows at least 95% of the speculators eventually their faces turns sour and lost. So, not all can have good luck and good in Speculative. In this sense, Good Reits may be a better choice than FD or even EPF.

As Q4 2022 income is averagely much higher than first 3 quarters. I believe year 2023 will have much higher average quarterly income since 1)SMC Penang will pays full year rental, 2)Better crowd in Shopping mall, Resorts and Hotels. 3) New Suites and Nursing Rooms which currently under renovation in 18th Floor Sunway Resort and will lease to SMC end of this year. 4) part contribution from recent 6 properties acquisitions from EPF which will accrete higher DPU due to average 8.2% net rental. If base on min 5 cents unchanged DPU for half year and 2023 pay out 10 cents. At 1.56, the yields is 6.4% before withholding tax or about 6% after minus withholding tax. With the contribution from The 4 income above, very likely 2023 will be around 11c or more. This will translate to 7.05% before tax and average 6.7% after withholding tax. I think this is extremely good FD if compare to EPF besides the principal will growth with Sunreit

https://dividends.my/sunreit-5176/.
Historically, Sunreit pays highest dividend 9.59 in 2019 and the price in 2019 was 1.9+. which yields about 5%.
Last year Sunreit pays total 9.22 dividend which is one of the few over 9c per annum. Interesting is 2H 2022 pay out is 5c which highest in record for half year dividend. Higher dividend due to better Revenue from Hospitality sector and also November opening of SMC in Penang which contribute partly to Q4 2022 income.

These locations are all prime locations which Sunreit may decides to upgrade for other purposes once leases with Giant over. News also reported GCH may dispose Giant to new buyer. Who ever take over, will still have to bear the full terms leases rental. So, good or not is individual judgement

Plentong Giant, Purchase Price RM140m,Net Rental/year RM10,279,123. or 7.3%. Currently is 1-5 years term. Leases is 10 years, Rental increment about 10% for year 6-10 . Termination condition subject settle full 10 years rental

Ulu Klang Giant, Purchase Price RM45m,Net Rental/year RM3,826,540 or 8.5%. currently is 1-5 years term. Leases is 10 years, Rental increment about 10.4% for year 6-10 . Termination condition subject settle full 10 years rental

Klang Giant, Purchase Price RM 65m. Net Rental/year RM4,590,864. or 7%. currently is 1-5years term. Leases is 10 years, Rental increment about 7.65% for term 6-10 years. Termination condition subject settle full 10 years rental

USJ Giant, Purchase price RM80m,Net Rental/year RM8,187,888.60 or 10.2%. currently is 9-10 years term. Leases is 15 years, After 1o years Rental increment about 10% for last 5 years. Termination condition subject settle full 15 years rental

Putra Heights Giant, Purchase Price RM60m, Net Rental/year RM5,386,572. or 8.9%. currently is 11-15 years term. Leases is 30 years, Rental increment about 9% every 5 years. Termination condition subject settle full 30 years rental

Kinrara Giant. Purchase Price RM130m. Net Rental per year RM9,852,336. or 7.578%, currently is 11-15 years term. Leases is 30 years, Rental increment about 9% every 5 years. Termination condition subject settle full 30 years rental

These 6 properties Sunreit bought are with Triple Net Leases, and all with remaining more than 5 years to 10 years. Average rental is net 8% (since is Triple Net lease) and with 12% discount. If GCH (Giant) wants to terminate the leases, they have to pay all outstanding Terms rental. So, Sunreit has not issue to have good rental rate from these properties for next 5-10 years. So, why worry now, We enjoy good DPU first for 5-10 years first.

Tuapui, you no more sai to lau? Don't hold too long, is bad for you

Many people like to keep sampah. Tuapui, you also keep? Better throw out

Yaya, is sampah stock. You better dispose it fast before is fully burn

Good QR, profit for Q4 203m which excludes Singapore Project Profit already almost par with pre covid level. Dividend slowly increase fr 2c in 1H to 3.5c for 2H. Hope by next year, dividend can come back to pre covid level of about 9c per annum

Tuapui, lousy QR, you should lausai. Let other help you

Why no lausai?

Hope is poison, then I can help people to reduce the lausai

Tuapui, are you ok. Keep lausai. Hope you can get thru this Lausai

Got small Ang Pow, don't know where to throw. Just dumped in Novamsc

Unusual Tuapui missing for so long, he lausai so badly. Hope he is still ok.

Tuapui, why so quiet?

What about 99.5c. Potong ka?

quick quick buy back to lausai

Tuapui, why sold all. Without you present, Lausai no fun liao

https://www.theedgemarkets.com/article/sunway-tencentbacked-linklogis-jointly-seek-malaysia-digital-bank-licence-%E2%80%94-sources

Tuapui, for the first time your Lausai Candlestick is right. My reason to hold is I have too many grand grand grand grand parents' coins

Is WC like WB (Warren Buffett)? then he must be Billionaire now. I wonder why WB don't give talk in FB

@DonLee, he heard it in his day dream

What is the meaning of Padan muka?

Tuapui, last two weeks fails to buy any. Now too many coins. Should I change the queue to 15c or continue to queue at 14.5c? Really feels uneasy coins not trap.