AL-AQAR HEALTHCARE REIT

KLSE (MYR): ALAQAR (5116)

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Last Price

1.37

Today's Change

-0.02 (1.44%)

Day's Change

1.37 - 1.38

Trading Volume

4,200


1 person likes this.

200 comment(s). Last comment by speakup 2024-02-13 12:55

kong73

2,065 posts

Posted by kong73 > 2018-03-26 21:47 | Report Abuse

Yup

desmondcsh

192 posts

Posted by desmondcsh > 2018-03-28 22:26 | Report Abuse

1.14. Epf nonstop selling lol

desmondcsh

192 posts

Posted by desmondcsh > 2018-03-28 22:29 | Report Abuse

Sorry not epf, but kwap

shuenn

86 posts

Posted by shuenn > 2018-03-30 18:23 | Report Abuse

wait at 1.00

Dakewlest

1,758 posts

Posted by Dakewlest > 2018-04-18 17:58 | Report Abuse

Managed to buy.

Dakewlest

1,758 posts

Posted by Dakewlest > 2018-04-19 12:39 | Report Abuse

No volume today...

kong73

2,065 posts

Posted by kong73 > 2018-04-19 18:44 | Report Abuse

On the fence

Kenokaya

173 posts

Posted by Kenokaya > 2018-05-07 14:13 | Report Abuse

can this counter go down a bit, am waiting to buy. Or shud i buy at today's price, can anyone advise.

Posted by Patrick Ling > 2018-05-07 14:23 | Report Abuse

Can start collecting

Kenokaya

173 posts

Posted by Kenokaya > 2018-05-07 15:33 | Report Abuse

Thank you Patrick Ling...

jypang

13 posts

Posted by jypang > 2018-05-25 15:47 | Report Abuse

i bought in by april, when can i get 1st dividend distribution? tq

Posted by Patrick Ling > 2018-05-28 14:20 | Report Abuse

Soon....9th July 2018

Posted by ThisIsJay > 2018-06-07 11:10 | Report Abuse

Is there any discussion group for Malaysia reit?

Posted by Patrick Ling > 2018-06-07 14:16 | Report Abuse

Type 'mreits v7' in google search engine

jypang

13 posts

Posted by jypang > 2018-06-18 09:49 | Report Abuse

is the june dividend already paid to investor?

sg999

1,806 posts

Posted by sg999 > 2018-06-26 14:48 | Report Abuse

is the dividen payout changed to every 3 month?

kong73

2,065 posts

Posted by kong73 > 2018-07-11 05:08 | Report Abuse

Twice a year

Saw555

1 posts

Posted by Saw555 > 2018-07-12 13:16 | Report Abuse

I bought at 10-Apr. Am I eligible for June dividend? Is the dividend paid to investor yet?

kong73

2,065 posts

Posted by kong73 > 2018-07-14 21:02 | Report Abuse

Yes dividend paid on the 9th june

kong73

2,065 posts

Posted by kong73 > 2018-07-14 21:04 | Report Abuse

Sorry 9th july dividend paid If you are still holding their shares after 13th June

kong73

2,065 posts

Posted by kong73 > 2018-09-09 19:23 | Report Abuse

Second income distribution coming at 1.95 sens/unit. Ex date 18 Sept 2018. Entitlement date 20th Sept 2018@5.00pm

cong5895

53 posts

Posted by cong5895 > 2018-09-18 09:58 | Report Abuse

Very low profile reit like atrium, dividend looks very good.

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-09-18 10:24 | Report Abuse

Very interesting stock ! Worth to invest tho

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-09-19 13:58 | Report Abuse

wah, suddenly fly because of no road block today. Profit everyday thanksss

Yihming

21 posts

Posted by Yihming > 2018-10-04 18:39 | Report Abuse

This stock still can invest?

kong73

2,065 posts

Posted by kong73 > 2018-10-17 23:20 | Report Abuse

Can

Posted by Lee Lee Wong > 2018-10-20 01:16 | Report Abuse

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

kong73

2,065 posts

Posted by kong73 > 2018-11-02 11:12 | Report Abuse

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

vivoviva

775 posts

Posted by vivoviva > 2018-11-19 17:04 | Report Abuse

price will fall down soon

RainT

8,448 posts

Posted by RainT > 2018-12-21 17:09 | Report Abuse

@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

RainT

8,448 posts

Posted by RainT > 2019-02-13 23:47 | Report Abuse

good this AL AQAR finally wake up and go up

finally , please up more to another level ya

before continue sleeping again ...

Posted by Heavenly PUNTER > 2019-04-14 10:53 | Report Abuse

Heavenly Punter's 3rd Pick!

Posted by Heavenly PUNTER > 2019-04-14 17:58 | Report Abuse

Looks really steady... buy this can sleep everyday

Posted by DreamKentut > 2019-09-25 20:46 | Report Abuse

TENTU MUFLIS

Posted by DreamKentut > 2019-09-25 20:47 | Report Abuse

BIG DROP COMING!

kong73

2,065 posts

Posted by kong73 > 2019-10-01 19:50 | Report Abuse

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%.

Yippy68

1,690 posts

Posted by Yippy68 > 2019-10-26 18:59 | Report Abuse

buy when price drop back to 1.30 it is safest...

Posted by danielleesing > 2019-11-14 14:53 | Report Abuse

Al-'Aqar Healthcare REIT in RPT to buy hospital for RM78m cash

kimpo

1 posts

Posted by kimpo > 2019-11-18 14:25 | Report Abuse

Wow. 1.60.
What happened??

factslim1

48 posts

Posted by factslim1 > 2019-11-18 16:56 | Report Abuse

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.

Posted by Kenny Ng > 2019-12-18 14:42 | Report Abuse

Can someone explain the sudden drop?

LATO' SELI

394 posts

Posted by LATO' SELI > 2019-12-19 11:00 | Report Abuse

Year low now ?
Any view, is this good reit counter for long-term , alt to FD ??

Posted by Thinkcarefully > 2019-12-19 19:43 | Report Abuse

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

LATO' SELI

394 posts

Posted by LATO' SELI > 2020-02-05 16:52 | Report Abuse

Dropped so much , what happen mehhh??

Bluuuu

3 posts

Posted by Bluuuu > 2020-02-05 17:06 | Report Abuse

what????

Posted by CatchThe Bull > 2020-02-05 17:16 | Report Abuse

Maybe EPF disposed again. Anyhow this is good counter with stable rental income.

Posted by CatchThe Bull > 2020-02-05 17:19 | Report Abuse

Final Income distribution of 2.02 sen per unit ex on valentine, no worry.

Junqi

155 posts

Posted by Junqi > 2020-02-05 20:01 | Report Abuse

Great opportunity to collect

RainT

8,448 posts

Posted by RainT > 2020-02-06 14:48 | Report Abuse

the only hospital reit in msia

RainT

8,448 posts

Posted by RainT > 2020-02-06 14:51 | Report Abuse

between FD & REIT

the answer is very simple & obvious

of course is REIT

buy in slowly in batches after few months once

REIT dividend all around 5%

keep in FD where got 5% interest now??

but buy in batches & at different time to control your average price

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