YTL HOSPITALITY REIT

KLSE (MYR): YTLREIT (5109)

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Last Price

1.18

Today's Change

-0.01 (0.84%)

Day's Change

1.18 - 1.20

Trading Volume

749,300


7 people like this.

1,253 comment(s). Last comment by jeffchan1901 3 days ago

Windy1974

733 posts

Posted by Windy1974 > 2023-08-07 16:40 | Report Abuse

One need to understand that REIT distributes dividend doesn't mean price won't drop. Just same as you buy property. Those who bought after 2014, condos, who are making money?
So, what sectors and locations are important too. You won't wanna buy badly managed shopping malls or offices. Btw, everyone knows offices oversupplied.
I suggest diversified into Sunway REITs, AXIS REIT, IGB REIT and of course YTLREIT. If you agree with what Jack Ma said, future generations will spend more time travel and hotels will be in high demand. Of course, well managed and quality hotel. I am reluctant to say this but JW Marriott KL is actually underpriced for it's quality and location. I am reluctant cos i like to stay there for my wife's shopping.
When hotel rates go up, YTLREIT can get better rental rate. All other countries hotel rate has gone up at least 20%, Singapore 50%. Now, RM400 can only get you 3 star hotel (lousy one) in SG.

Justmeme

227 posts

Posted by Justmeme > 2023-08-14 21:37 | Report Abuse

Let us do the maths again. Current half yearly div is 4.38 cts. Coming half yearly should be more. So no yearly div as it is is 8.76 cts. At a price of say RM 1. It gives an annual div of 8.76%. Nett after tax is 7.89 % which is very very good.

Posted by Cryptolover > 2023-08-23 15:24 | Report Abuse

https://theedgemalaysia.com/node/679811
Goldman, KKR, Blackstone join investor rush for Japan hotels

good news for Japanese hotels!

jamestecs

191 posts

Posted by jamestecs > 2023-08-28 11:13 | Report Abuse

Not sure Japan tourism will drop or not, due to pour pollution water into sea.

FLINV

217 posts

Posted by FLINV > 2023-08-30 12:52 | Report Abuse

Where is my dividend? Suppose received today!

ATCSLIN

30 posts

Posted by ATCSLIN > 2023-08-30 13:22 | Report Abuse

@jamestec, its also my concerns and i have been searching on web related to this but i can't seem to find it.

Volz4321

84 posts

Posted by Volz4321 > 2023-11-12 19:28 | Report Abuse

Will shoot up soon..QR around corner

cwc1981

1,228 posts

Posted by cwc1981 > 2023-11-16 19:10 | Report Abuse

Why Sun REIt is higher?

cwc1981

1,228 posts

Posted by cwc1981 > 2023-11-22 20:38 | Report Abuse

Shangri-la with negative PE and no dividend since 2020 still price are RM 2.4. Y la?

cwc1981

1,228 posts

Posted by cwc1981 > 2023-11-24 11:58 | Report Abuse

With interest rates expect to be lower next year, hope this will further improve YTL REIT profit margin

cwc1981

1,228 posts

Posted by cwc1981 > 2024-01-05 19:46 | Report Abuse

The niseko land is under REIT or Corp?

dragon328

2,378 posts

Posted by dragon328 > 2024-01-06 15:22 | Report Abuse

The Niseko land bank is under YTL Corp. Only Hilton Niseko Village has been injected from YTL Corp into YTL REIT so far, the other 5 hotels/resorts are still under YTL Corp to be injected into YTL REIT when each asset matures.

cwc1981

1,228 posts

Posted by cwc1981 > 2024-01-06 16:25 | Report Abuse

Hi dragon328. Any potential REIt could appreciate like the mother and sister?

cwc1981

1,228 posts

Posted by cwc1981 > 2024-01-06 16:27 | Report Abuse

The Corp and Reit crossed the RM 1 marked almost the same time. Now Corp has crossed RM 2

speakup

26,437 posts

Posted by speakup > 2024-01-27 09:52 | Report Abuse

REIT i buy as alternative to FD

Justmeme

227 posts

Posted by Justmeme > 2024-01-31 16:22 | Report Abuse

Ya... not for trading

Posted by maxlau1223 > 2024-02-02 19:06 | Report Abuse

Still early to sell, wait until OPR start drop

Justmeme

227 posts

Posted by Justmeme > 2024-02-14 09:04 | Report Abuse

When is the dividend announcement ?

Posted by JSKDVenture > 2024-02-14 11:11 | Report Abuse

End of next week

Hemsley

341 posts

Posted by Hemsley > 2024-02-14 13:59 | Report Abuse

Before C19 was about 1.38. Now already 1.20, and factor in higher management & operation cost, maybe 1.30 is a good price to cash out?

Posted by JSKDVenture > 2024-02-15 10:08 | Report Abuse

1.21 alredi

Justmeme

227 posts

Posted by Justmeme > 2024-02-22 15:34 | Report Abuse

Got volume and rises. Think div is due to declare or already declare n good results

dragon328

2,378 posts

Posted by dragon328 > 2024-02-22 20:23 | Report Abuse

YTL REIT and YTL broadly delivered better than expected results for Q2

https://klse.i3investor.com/web/blog/detail/dragon328/2024-02-22-story-h-188247094-YTL_YTL_Power_Ended_Year_2023_with_a_Bang

Alexho

66 posts

Posted by Alexho > 2024-02-28 21:30 | Report Abuse

Disappointing payout
This current payment include the major part of defer payment for current year . Dont expect too high in the final dividen

Posted by JSKDVenture > 2024-03-19 10:41 | Report Abuse

Something is cooking ... owners been buying shares not letting price to drop

Alexho

66 posts

Posted by Alexho > 2024-05-24 05:59 | Report Abuse

All improved
Except for distributable income of 1.58 only

cheap1

334 posts

Posted by cheap1 > 2 months ago | Report Abuse

Cheapest YTL link stocks?

ltpklse

6 posts

Posted by ltpklse > 2 months ago | Report Abuse

Sooner or later it will move up like the rest of YTL group shares

Posted by Skywalker00 > 1 month ago | Report Abuse

Have to wait long time for it to move as sooner or later the ytl data centre will park under REIT.

Posted by JSKDVenture > 1 month ago | Report Abuse

Will be up to 1.30 next few days … results out next week

Posted by Skywalker00 > 3 weeks ago | Report Abuse

Long and winding road.!!!!

Alexho

66 posts

Posted by Alexho > 3 weeks ago | Report Abuse

Every figure up except for dpu

Justmeme

227 posts

Posted by Justmeme > 2 weeks ago | Report Abuse

Wait for the final dpu announcement

raymondroy

839 posts

Posted by raymondroy > 2 weeks ago | Report Abuse

i believe tax on dividend are all deducted at source..... meaning tax already paid, but if you are in a position where you dont need to pay tax, then you can use the confirmation slip to seek tax refund

willsmith

238 posts

Posted by willsmith > 2 weeks ago | Report Abuse

Can someone please confirm if non-exempt Reit income distributed to an investor has to be declared in the individual income tax return?

jeffchan1901

1,394 posts

Posted by jeffchan1901 > 2 weeks ago | Report Abuse

FUN FACT: For those interested. If you're wondering whether you should pay personal income tax for REIT stocks and by how much, this should be and interesting read.

Usually all dividends are declared AFTER corporate tax. In such case no need declare in income tax as Malaysia only practices SINGLE taxation and not DOUBLE taxation. Also Malaysia does not have CAPITAL GAINS TAX on non-property asset sales (only applicable on PROPERTY ie RPGT). This applies if company distributes at least 90% of income to shareholders. However, an exemption to the rule if Income less than 90% is distributed to shareholders.

SOURCE1: ://thesun.my/business-news/how-are-individual-reit-holders-taxed-DL8085410

If a (Real Estate Investment Trusts) fund distributed at least 90 percent of their total yearly income to unit holders, the REIT itself is exempted from tax for that year of assessment.

However, unit holders are liable to tax on the distribution of income. Since the income distributed by REITs are tax exempt, no tax credit under subsection 110(9A) of the Income Tax Act (ITA) 1967 would be available to the unit holders.

On the other hand, tax exempt income received by REITs and subsequently distributed to unit holders continue to be tax exempt in the hands of these unit holders.

REITs unit holders are taxed in the year of assessment the distribution is received not the financial year of the REITs.

Starting for the year 2009, tax for REIT dividend has been amended. If a unit holder has income from sources other than REITs, an Income Tax Return Form (ITRF) has to be filed (e.g. Form BE, B or M for individuals or Form C for companies), income from REITs is not required to be included in the ITRF form as the Withholding Tax is a final tax.

SOURCE2: www.hasilnet.org.my/tax-on-reit-investment/

jeffchan1901

1,394 posts

Posted by jeffchan1901 > 2 weeks ago | Report Abuse

Based on Page 3 of the QR report, https://www.klsescreener.com/v2/stocks/financial-report/5109/2024-06-30 (PDF copy), 90.3% of distributed income is distributed amounting to RM0.0488

So I believe that since its NON EXEMPT, personal tax must declare this amount received together with personal OTHER income as well to arrive at final amount whether it will be taxable or not.

diggerDC

44 posts

Posted by diggerDC > 1 week ago | Report Abuse

@jeffchan1901 where does it say "non exempt"?

speakup

26,437 posts

Posted by speakup > 1 week ago | Report Abuse

scammer mali attack Ytl

jeffchan1901

1,394 posts

Posted by jeffchan1901 > 1 week ago | Report Abuse

@speakup I have YTLREIT in my portfolio as well. BTW, dont you have any other useful and meaningful things to say in all of your posts other than your usual one liner nonsense? In every post in every forum you tend to post non related stuff. Grow up buddy.

jeffchan1901

1,394 posts

Posted by jeffchan1901 > 1 week ago | Report Abuse

@diggerDC Non exempt means taxable. If you compared with IGBREIT, the later has both portions - one taxable and another portion not taxable. In the case of YTL REIT it is stated all taxable. I have both in my portfolio. I repost the term 'non exempt' in reply to user @willsmith above

SOURCE 1: www.klsescreener.com/v2/stocks/announcement/5109/2483537

SOURCE 2: www.klsescreener.com/v2/stocks/announcement/5227/2483465

willsmith

238 posts

Posted by willsmith > 1 week ago | Report Abuse

@raymondroy and Jeffchan1901 Thank you for sharing your information

diggerDC

44 posts

Posted by diggerDC > 1 week ago | Report Abuse

@jeffchan1901 my dividend tax voucher shows gross dividend, minus income tax, then final net dividend. Then need to declare again in yearly tax filing?

jeffchan1901

1,394 posts

Posted by jeffchan1901 > 4 days ago | Report Abuse

@diggerDC Sorry for late reply as didnt check forum lately. I am not sure why yours show income tax portion. Are you self trading directly with stock broker or via proxies like Rakuten, etc? If you are trading thru proxies perhaps they have some policies like with holding tax and all. As far as the info from LHDN is concern, it's pretty clear. As this will be my first YTLREIT dividend, I have yet to receive to comment further. For IGBREIT, the taxable portion is from offices and hence taxed nominal sum at company. For the hotel portion it's not taxed and I believe this needs to be reported to LHDN. For YTLREIT by right since not taxed earlier, you need to declare in your filings if the above conditions are not met for exemption. Normal company stocks taxed earlier need not be declared due to single layer taxation. For REIT it may be under a special category especially for hospitality which YTLREIT all assets fall under it unlike IGBREIT with dual Office and Hospitality and also distributes at least 90% of net income

jeffchan1901

1,394 posts

Posted by jeffchan1901 > 4 days ago | Report Abuse

@Fundamental Trafer, thanks for the link. This provides clarity and confirms what I read from LHDN. So based on your links, I can conclude that mayhaps YTLREIT may be subjected to personal tax of 15% if they did not distribute at least 90pc of distributable income.

jeffchan1901

1,394 posts

Posted by jeffchan1901 > 3 days ago | Report Abuse

For YTLREIT, I just checked and it's confirmed that for this Q4, they distributed at least 90% which in this case it's 90.38% i.e.69,676/77,092.

SOURCE: https://disclosure.bursamalaysia.com/FileAccess/viewHtml?e=3470192

jeffchan1901

1,394 posts

Posted by jeffchan1901 > 3 days ago | Report Abuse

@Fundamental Trader Paranoia? I was replying to @willsmith until you joined in. Anyway thanks for inviting but not interested bro.

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