Posted by RainT > 2020-06-19 10:24 | Report Abuse

for those who follow up on YTLREIT for long time

it is know that forex play big role in its profit

Posted by RainT > 2020-06-19 10:25 | Report Abuse

YTLREIT is not as other REIT that focus on local, so it have forex issue

Posted by seenyou > 2020-06-19 16:54 | Report Abuse

If it manages to fall to 1 or lower next week, I think my hand might get itchy.

Posted by TheEdgeMarkets > 2020-07-20 15:35 |

Post removed.Why?

Posted by opportunity > 2020-07-23 15:03 | Report Abuse

break the RM1 ceiling. will downtrend further

Posted by opportunity > 2020-07-28 15:28 | Report Abuse

target ALL in at 0.8

Posted by KenichiLee > 2020-07-30 19:39 | Report Abuse

lol habis d. next monday limit down?

Posted by ChaseBros > 2020-07-31 15:28 | Report Abuse

Don't think will limit down since they still have the assets unlike AAX. More and more losses in coming quarters. The worst has yet to come. Toursim, Hospitalilty, Transportation (or Airline), O&G all kaput. 2020 is a year of survival for most businesses, not profit making unless it is relating to cloud computing, healthcare, government (or government contract), etc.

Posted by Hope123 > 2020-07-31 17:48 | Report Abuse

https://www.facebook.com/groups/1399899867001472/permalink/2720813764910069/

Posted by JacLow > 2020-08-03 09:48 | Report Abuse

93x buy.. When all fear.. U buy

Posted by FLINV > 2020-08-03 09:56 | Report Abuse

When saw the share price drop, let me think of YTLE/YTLLAND which delist at near lowest price. Then no chance wait it recover.

Posted by opportunity > 2020-08-03 11:42 | Report Abuse

will downtrend further to 0.75

Posted by Airline Bobby > 2020-08-03 20:36 | Report Abuse

0.30 cents I buy in!

Posted by David Ckk > 2020-08-04 02:34 |

Post removed.Why?

Posted by AlfI3 > 2020-08-04 08:08 | Report Abuse

@David ckk, how to pm u ya?

Posted by Windy1974 > 2020-08-04 09:29 | Report Abuse

be careful when anyone offer you a yield more than FD and yet claim it low risk. The last time someone told me such investment, i told him i just want 8%, anything extra he takes. On condition that he caveat his assets (properties) for the amount i invested. His balls straight away shrank

Posted by Windy1974 > 2020-08-04 09:30 | Report Abuse

AlfI3, if you wanna get con, please come to me. I will at least rebate you 30% of the conned amount

Posted by David Ckk > 2020-08-04 09:45 |

Post removed.Why?

Posted by Limzy2008 > 2020-08-04 18:03 | Report Abuse

Wud share price so low time to collect

Posted by Tang Khangseng > 2020-08-04 22:53 | Report Abuse

Opportunity, did you manage to all in at 0.80? Or reserve a bit waiting to enter at lower price?

Posted by Victor Yong > 2020-08-05 16:24 | Report Abuse

52-week high RM1.39. 76sen now.

Aug-2020 Price Target YTL Hospitality REIT- Value Emerges
Source : AmInvest, Price Call : BUY, Price Target : 1.26
Last Price : 0.76, Upside/Downside : +0.50(65.79%)

Posted by Victor Yong > 2020-08-05 16:25 | Report Abuse

after this week, back to 90sen to RM1 at least probably, knee-jerk reaction from traders

Posted by Victor Yong > 2020-08-05 16:33 | Report Abuse

YTL Hospitality REIT bullish on long term prospects of the ...www.nst.com.my › property › 2020/06 › ytl-hospitality...
Jun 16, 2020 - ... the long term prospects of the hospitality sector," it said in a filing with Bursa Malaysia today. As at March 31, 2020, YTL Hospitality REIT has ...

Posted by Victor Yong > 2020-08-05 16:34 | Report Abuse

REITS In Demand Amidst Coronavirus Outbreak | Market ...www.propertyguru.com.my › ... › February 21, 2020
Feb 21, 2020 - ... Negara Malaysia (BNM) a few weeks ago. With expectations of further rate cuts in 2020, the outlook seems rather sanguine for REITs,” Leong ...

Posted by Victor Yong > 2020-08-05 16:34 | Report Abuse

Are REITs good investments right now?
Even ones that felt little to no direct impact from the COVID-19 outbreak are still priced below their value. The values of REITs are closely tied to their real estate assets, so while the price may have gone down, the properties are still there, and many are still cash-flowing just as well.Jul 21, 2020

Posted by Victor Yong > 2020-08-05 16:36 | Report Abuse

Do REITs do well during recession?
Bottom Line: REITs are Safer than Stocks in a Recession

REITs have historically greatly outperformed during most recessions. They produce cash flow that is highly resilient to downturns. They are much more durable than the average business.Nov 2, 2019

Posted by Victor Yong > 2020-08-05 16:39 | Report Abuse

non-accountant does not understand well probably.

As at March 31, 2020, YTL Hospitality REIT has 15 properties under its portfolio, worth RM4.62 billion. It operates 10 luxury hotels and serviced residences in Malaysia, three in Australia and two in Japan,

For the nine months ended March 31, 2020, YTL Hospitality REIT recorded revenue and net property income (NPI) of RM356.67 million and RM190.94 million, respectively, as compared to RM372.24 million and RM193.02 million, respectively, recorded in the same period a year ago. This represented a decrease of 4.18 per cent and 1.08 per cent respectively.

The group recorded a pre-tax profit of RM135.16 million for the nine months, an increase of 61.19 per cent as compared to a pre-tax profit of RM83.85 million recorded in the preceding year corresponding period, mainly due to the unrealised foreign currency translation gain on borrowings denominated in foreign currencies.

The increase in revenue and net property income was mainly due to the additional rentals recorded from JW Marriot Hotel Kuala Lumpur following the refurbishment completed in June 2019.

Additionally, the acquisition of The Green Leaf Niseko Village in Japan in September 2018 contributed to the increase in revenue and net property income for the current financial period ended March 31, 2020.

In a separate announcement, YTL Hospitality REIT said that Pintar Projek has carried out revaluations of its real estate assets in Japan and Australia.

The assets are Hilton Niseko Village, The Green Leaf Niseko Village, Sydney Harbour Marriott, Brisbane Marriott, and Melbourne Marriott.

All the assets, except for The Green Leaf Niseko Village had decreased in market value. The decrease, however, was marginal.

The revaluations decreased the unaudited net asset value per unit of YTL REIT and its subsidiaries from RM1.6028 per unit as at April 30, 2020 (before the revaluations) to RM1.5030 per unit upon incorporation of the aggregate revaluation decrease of RM170.103 million.

Posted by Victor Yong > 2020-08-05 16:44 | Report Abuse

current price below 80sen is a steal :)

The revaluations decreased the unaudited net asset value per unit of YTL REIT and its subsidiaries from RM1.6028 per unit as at April 30, 2020 (before the revaluations) to RM1.5030 per unit upon incorporation of the aggregate revaluation decrease of RM170.103 million.

Posted by Good123 > 2020-08-05 16:48 | Report Abuse

esok people rush in to buy after a better understanding

Posted by Good123 > 2020-08-05 16:48 | Report Abuse

people will regret selling without understanding the financial statements and related figures

Posted by Good123 > 2020-08-05 16:49 | Report Abuse

investment funds will rush in to buy more after digesting the numbers

Posted by Good123 > 2020-08-05 16:50 | Report Abuse

really fire sale price today

Posted by Good123 > 2020-08-05 17:18 | Report Abuse

menangis nanti mereka yang Dah Jual :)

Another REIT favoured by most analysts is YTL Hospitality REIT, although its portfolio consists of properties that have been severely impacted by Covid-19 — hotels. The hotels in its portfolio include JW Marriott Hotel and The Majestic Hotel in Kuala Lumpur, Hilton Niseko Village and Green Leaf Niseko Village in Japan and the Sydney Harbour, Brisbane and Melbourne Marriott Hotels in Australia.

In its third financial quarter ended March 31, 2020, YTL REIT saw its total distributable income increase 4.4% to RM34.03 million. Post the release of its 3Q results, Maybank IB Research maintained its “buy” call on YTL REIT.

“Looking beyond the bearish near-term outlook for its Australian hotels due to Covid-19, we continue to favour YTLREIT’s master lease assets, with all of its Malaysian and Japanese properties providing resilient rental income. We are also positive on its strong pipeline of hospitality assets from its parent, YTL Corp Bhd,” the brokerage says.

Maybank IB has a “buy” call on YTL REIT with a target price of RM1.25, indicating an upside of 17% to its closing price of RM1.07 last Wednesday. At RM1.07, YTL REIT’s units are trading at a yield of 7.2%.

Posted by Good123 > 2020-08-05 17:21 | Report Abuse

ytlreits selalu rated top Dari dulu :) Our 2020 forecasts have only imputed Axis’ RM439m worth of industrial property development/acquisitions. Beyond the near term, YTLREIT, SunREIT and Axis are our preferred picks for acquisition-play, ” Maybank Research said.

KUALA LUMPUR: Maybank Investment Bank Research is keeping YTL REIT as its top Buy due to its resilient earnings from its Malaysian and Japanese assets, which are on master leases with rental step-ups.

In its research note issued on Friday it said there are also growth catalysts from its three Australian hotels – potentially resulting in higher occupancy rates and/or room rates post refurbishments.

“We also like YTLREIT for its strong pipeline of hotel assets from its parent, ” it said.

Maybank Research anticipated major pipelines to be limited in 2020, hence it continues to favour M-REITs with prime malls and sizeable assets with long-term tenants which would underpin organic growth.

“We maintain a Neutral view on the sector due lack of major growth catalysts at this juncture. Our top Buy is YTLREIT and our other Buys are SunREIT and MQREIT. The sector’s average CY20/21E net yields are 5.4/5.6%, ” it said.

The research house estimated M-REITs’ growths to be largely organic in 2020, via positive rental reversions and sustained occupancy rates while there are M-REITs that would record full-year rental income contributions from assets acquired in 2019 (i.e. Axis, SunREIT, ALSREIT).

The oversupply of retail and office space in the Klang Valley (where most of the M-REITs’ key assets are located in) would remain a major challenge.

“Meanwhile, we expect direct earnings lift to M-REITs to be minimal from easing of financing costs of variable rate debts. Our economist forecasts the OPR will be cut by 25bps to 2.75% in 2020.

“We expect 2020’s acquisition pipeline to remain subdued for now, only involving smaller size assets as major deals and developments are unlikely until 2021 onwards, such as Lot 185, Lot 91, and City Point Podium by KLCCP and expected completion of Phase 2 development at Axis Mega Distribution Centre.

“Our 2020 forecasts have only imputed Axis’ RM439m worth of industrial property development/acquisitions. Beyond the near term, YTLREIT, SunREIT and Axis are our preferred picks for acquisition-play, ” Maybank Research said.

Posted by Good123 > 2020-08-05 17:23 | Report Abuse

terbukti sehingga kini.

Investment Highlights

We maintain our BUY recommendation on YTL Hospitality REIT (YTL REIT) with a lower fair value of RM1.26 from RM1.31 based on a target yield of 7% over its FY23 distributable income. We cut our FY21–FY22 distributable income by 48% and 41% respectively while raising that of FY23 by 13%.

YTL REIT’s market cap fell by RM255mil or 15.8% yesterday following the rental variation requested by tenants. YTL REIT is offering a discount of 50% for two years in a bid to provide relief to tenants until 30 June 2022. Consequently, tenants will pay the difference between the original rentals and reduced rentals on stages after the rental adjustment period or over the remaining tenures of the existing leases (Exhibit 1).

We reckon the market has overreacted over the rental variation. Based on our estimates, the loss of distributable income in its DCF value of FY21–FY29 (RM104.7mil) is much lower than the RM255mil fall in market cap as shown below. Our DCF valuation is based on a discount rate of 7%.

The rental variation does not involve any rental waiver as the rental difference will be paid to YTL REIT over time. Following the adjusted rentals, YTL REIT’s FY21–FY22 distributable income will be reduced by 48% and 41% respectively. Nonetheless, the repayment beginning 2023 will result in stronger distributable income in FY23 ( 13%) to RM155.3mil and a further 15% to RM179.3mil in FY24.

We have lowered our fair value to RM1.26 per share from RM1.31 based on a target yield of 7% over its FY23 distributable income. We increase our target yield to 7% from 5% as we factor in the loss of time value of money.

We believe the stock is oversold and see the recent selldown as a buying opportunity. At its current price, the stock offers a potential upside of over 50% and decent dividend yield of 4.1%, 5.3% and 10.2% for FY21–23 respectively. Maintain BUY.

Source: AmInvest Research - 4 Aug 2020

Posted by happynoobie > 2020-08-05 17:27 | Report Abuse

regardless what other ppl say. I am collecting YTLREIT, SUNREIT and KIPREIT.

Posted by Hope123 > 2020-08-05 18:55 | Report Abuse

So happy got chance to buy very cheap ytlreit. Expecting ytlreit will reach rm1.50 in 2024. About 95%capital gain plus higher dividend than bank interest.

Posted by Good123 > 2020-08-05 19:05 | Report Abuse

Japan yen has appreciated a lot. its resorts, etc in Japan are valuable plus Japan population is big

Posted by Good123 > 2020-08-05 19:34 | Report Abuse

surely rebound when investors able to understand the financial statements, etc :)

Posted by Good123 > 2020-08-05 19:35 | Report Abuse

I think tomorrow, more funds would grab it , fingers crossed

Posted by Victor Yong > 2020-08-05 19:55 | Report Abuse

Now even cheaper than the IPO price many years ago. super lelong price :)

Prospectus:
THE INITIAL PUBLIC OFFERING OF 509,599,000 NEW UNITS REPRESENTING UNDIVIDED INTEREST IN STARHILL REAL ESTATE INVESTMENT TRUST ("STARHILL REIT") COMPRISING:

. 29,999,000 NEW UNITS UNDER THE RETAIL OFFER AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC AT THE RETAIL PRICE OF RM0.98 PER UNIT PAYABLE IN FULL UPON APPLICATION AND SUBJECT TO A REFUND IN THE EVENT THAT THE FINAL RETAIL PRICE THAN RM0.98 PER UNIT; AND
. 479,600,000 NEW UNIT UNDER THE INSTITUTIONAL OFFER AVAILABLE BY WAY OF OFFER TO MALAYSIAN AND FOREIGN INSTITUTIONAL AND OTHER SELECTED INVESTORS AT THE INSTITUTIONAL OFFER PRICE TO BE DETERMINED BY WAY OF BOOKBUILDING PAYABLE IN FULL UPON APPLICATION,

IN CONJUNCTION WITH THE LISTING OF STARHILL REIT ON THE MAIN BOARD OF BURSA MALAYSIA SECURITIES BERHAD

THE FINAL RETAIL PRICE WILL EQUAL TO THE LOWER OF:
(I) THE RETAIL OFFER PRICE OF RM0.98 PER UNIT; OR
(II) 95% OF THE INSTITUTIONAL OFFER PRICE, TO BE DETERMINED BY WAY OF BOOKBUILDING
IN EACH CASE ROUNDED UP TO THE NEAREST SEN

Posted by Victor Yong > 2020-08-05 19:56 | Report Abuse

dividend OTW. great!

30-Jul-2020 Entitlement YTL HOSPITALITY REIT declared Income Distribution - RM 0.0284, the Ex Date on 13-Aug-2020.

Posted by free2invest > 2020-08-05 20:44 | Report Abuse

Ok..OK...support you Victor Yong. Will buy some and keep for long term. Thanks

Posted by Good123 > 2020-08-05 20:57 | Report Abuse

Dividend Yield (%)10.29

Dividend Policy (%)90

NTA (RM)1.500

P/B Ratio 0.51

Posted by Good123 > 2020-08-05 20:58 | Report Abuse

YTLREIT Dividend History

FYEx
DatePay
DateTypeDiv
(Cent)DetailsJun2013 Aug 202028 Aug 2020Income Distribution2.84Jun2004 Mar 202025 Mar 2020Income Distribution1.92Jun2009 Dec 201927 Dec 2019Income Distribution1.96Jun1914 Aug 201930 Aug 2019Income Distribution2.10Jun1917 Jun 201928 Jun 2019Income Distribution1.91Jun1911 Mar 201929 Mar 2019Income Distribution1.94Jun1905 Dec 201828 Dec 2018Income Distribution1.92Jun1810 Aug 201830 Aug 2018Income Distribution1.97

Posted by Victor Yong > 2020-08-05 21:21 | Report Abuse

:)

YTLR Historical Data
Time Frame:

Monthly
08/16/2018 - 08/05/2020

Date Price Open High Low Vol. Change %
Aug 20 0.765 0.950 0.950 0.755 7.68M -19.47%
Jul 20 0.950 1.060 1.100 0.950 12.56M -9.52%
Jun 20 1.050 1.020 1.160 0.960 27.24M 0.00%
May 20 1.050 0.945 1.050 0.925 10.28M 10.53%
Apr 20 0.950 0.935 1.010 0.910 12.35M 3.83%
Mar 20 0.915 1.340 1.360 0.700 37.01M -31.72%
Feb 20 1.340 1.340 1.380 1.270 17.57M 0.75%
Jan 20 1.330 1.370 1.380 1.320 17.57M -2.21%
Dec 19 1.360 1.340 1.380 1.320 10.42M 0.74%
Nov 19 1.350 1.280 1.380 1.270 13.47M 5.47%
Oct 19 1.280 1.350 1.350 1.270 18.96M -4.48%
Sep 19 1.340 1.380 1.390 1.320 10.07M -2.90%
Aug 19 1.380 1.300 1.380 1.300 20.86M 6.15%
Jul 19 1.300 1.340 1.350 1.290 24.91M -2.99%
Jun 19 1.340 1.340 1.370 1.330 20.27M 0.00%
May 19 1.340 1.310 1.350 1.280 3.63M 2.29%
Apr 19 1.310 1.290 1.310 1.260 12.10M 2.34%
Mar 19 1.280 1.290 1.290 1.250 7.55M -0.78%
Feb 19 1.290 1.270 1.320 1.250 7.61M 1.57%
Jan 19 1.270 1.180 1.280 1.180 10.40M 7.63%
Dec 18 1.180 1.170 1.210 1.150 9.42M 0.85%
Nov 18 1.170 1.200 1.210 1.170 7.69M -2.50%
Oct 18 1.200 1.230 1.250 1.150 11.18M -2.44%
Sep 18 1.230 1.240 1.250 1.190 9.12M -0.81%
Highest: 1.390 Lowest: 0.700 Difference: 0.690 Average: 1.207 Change %: -38.306

Posted by Good123 > 2020-08-05 22:48 | Report Abuse

sure buy, even 5sen dividend , at current price, >5%, lagipun rental Akan dipulangkan mulai 2023 oleh ytlcorp kerana syarikat lessee adalah subsidiari ytlcorp.. selamat :)

Posted by Good123 > 2020-08-05 22:50 | Report Abuse

4sen Dividen/80sen share juga dapat 5%

Posted by Good123 > 2020-08-05 22:52 | Report Abuse

ytlcorp mesti bayar balik kepada ytlreit :)

APPENDIX A
Financial Years Ending 30 June
Property 2023 2024 2025 2026 2027 2028 2029
JWM 3.0 26.7
RCKL-H 2.2 3.3 3.3 3.3 9.9
ACKL 0.9 1.3 1.3 1.3 3.9
ACPG 0.9 1.3 1.3 1.3 3.9
ACKN 0.6 1.0 1.0 1.0 2.9
PLR 0.9 1.3 1.3 1.3 4.0
TJR 0.7 1.1 1.1 1.1 3.4
CHR 0.4 0.6 0.6 0.6 1.9
HNV 1.7 2.5 2.5 2.5 7.4
RCKL-S 1.7 2.5 2.5 2.5 2.5 2.5 2.5
TMKL 2.7 4.0 4.0 4.0 4.0 4.0 4.0
TOTAL 15.6 45.7 19.0 19.0 43.9 6.5 6.5
CUMULATIVE TOTAL 15.6 61.3 80.3 99.3 143.2 149.7 156.2
(1) (2)
(2)
(2)
(2)
(2)
(2)
(3)
(4)
(4)
Notes:
a. All figures in RM million
b. Any discrepancy in the table between the amounts listed,
actual figures and the totals thereof is due to rounding.
1. Final payment by 31 December 2023
2. Final payment by 14 November 2026
3. Final payment by 21 December 2026
4. Final payment by 30 June 2029

Posted by Good123 > 2020-08-05 22:55 | Report Abuse

DETAILS OF THE LESSEES
4.1 SHH
SHH was incorporated as a private limited company on 17 October 1995 in Malaysia
under the Companies Act 1965 (“Act”) as PDC-YTL Hotel Management Sdn Bhd. It can
assumed its present name on 27 February 1999. It is principally engaged in hotel
operations. It is a wholly-owned subsidiary of YTL Hotels