HEKTAR REITS

KLSE (MYR): HEKTAR (5121)

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Last Price

0.525

Today's Change

-0.01 (1.87%)

Day's Change

0.525 - 0.53

Trading Volume

230,800


1 person likes this.

1,886 comment(s). Last comment by miniminer 5 days ago

Justmeme

245 posts

Posted by Justmeme > 2023-01-13 22:08 | Report Abuse

Are you sure the IDRP price is 65 cts ?. beco it say this

to elect to participate in the Reinvestment Option by reinvesting the entire
Electable Portion in new Units at an issue price to be determined ("Issue
Price") on a price-fixing date to be announced later ("Price-Fixing Date");

idunwork

431 posts

Posted by idunwork > 2023-01-13 22:56 | Report Abuse

Please check announcement made on 10 January 2023 for IDRP price

Travestor

1,002 posts

Posted by Travestor > 2023-01-14 12:59 | Report Abuse

Subscribing to the IDRP is a no-brainer due to the 10% discount. It is like getting back the 10% tax that is deducted from the dividend.

Justmeme

245 posts

Posted by Justmeme > 2023-01-14 21:17 | Report Abuse

Yes, confirm at 0.65 cts. Have everyone got the form yet ? or you apply online ?

AndrewHo93

321 posts

Posted by AndrewHo93 > 2023-01-16 09:32 | Report Abuse

For your information, Justmeme:

On behalf of the Board, UOBKH had on 10 January 2023, announced that the issue price of the new units to be issued pursuant to the 1st IDRP had been fixed at RM0.65 per new unit.

https://klse.i3investor.com/web/announcement/detail/1746834

Posted by HafizAjiad98 > 2023-01-16 10:56 | Report Abuse

Pusat membeli-belah terus mempunyai jejak yang tinggi menjelangi Tahun Baru Cina

MrAction

118 posts

Posted by MrAction > 2023-01-16 11:10 | Report Abuse

looking good this week... cny next week too

Posted by noscopesummer > 2023-01-16 11:58 | Report Abuse

First TP hit, another long period for Hektar to reach RM 1

Posted by undercutter > 2023-01-16 14:58 | Report Abuse

subscribe subscribe , another angpow from hektar !

AndrewHo93

321 posts

Posted by AndrewHo93 > 2023-01-16 15:04 | Report Abuse

I guess Hektar's 1st IDRP will be oversubscribed. hhehe

HosayLiu

291 posts

Posted by HosayLiu > 2023-01-16 15:30 | Report Abuse

Hektar really is one of my the stable and safe investments that provide remarkable return for this CNY

AndrewHo93

321 posts

Posted by AndrewHo93 > 2023-01-17 09:30 | Report Abuse

Shopping malls continue to see rising foot traffic. This CNY provides a significant boost to the retail industry. 

Posted by HafizAjiad98 > 2023-01-17 11:06 | Report Abuse

Pergerakan yg mantap pd harga 80 sen sana akan berterusan minggu ni saya rasa

Posted by rahulsk1947 > 2023-01-17 11:24 | Report Abuse

is this reit worthy to buy at 0.805? dont want a scenario where, buy now, after dividend payout, the price crashes.. :(

AndrewHo93

321 posts

Posted by AndrewHo93 > 2023-01-17 15:03 | Report Abuse

definitely worth. Depending on your holding power and current share price is still below their NTA value btw

idunwork

431 posts

Posted by idunwork > 2023-01-17 15:20 | Report Abuse

@rahulsk1947 that dividend trap scenario really happened to many counters lately.

HosayLiu

291 posts

Posted by HosayLiu > 2023-01-17 15:40 | Report Abuse

That have to see which counter you buy for dividend stocks. I estimate Hektar will give a decent dividend for 2023 owing to the recovery of retail businesses at their malls

Justmeme

245 posts

Posted by Justmeme > 2023-01-17 16:30 | Report Abuse

AndrewHo93
For your information, Justmeme:
On behalf of the Board, UOBKH had on 10 January 2023, announced that the issue price of the new units to be issued pursuant to the 1st IDRP had been fixed at RM0.65 per new unit

Thanks Andrew

Justmeme

245 posts

Posted by Justmeme > 2023-01-17 16:31 | Report Abuse

I do not expect BNM to raise interest rate this week ?. Any other thought ?

Justmeme

245 posts

Posted by Justmeme > 2023-01-17 16:34 | Report Abuse

rahulsk1947

is this reit worthy to buy at 0.805? dont want a scenario where, buy now, after dividend payout, the price crashes..
At 5.3 cts x 2 times yearly div which roughly translate to about 13 % or let us conservatively say 9%, at 80 cts there about should be an attractive div stock and rated a good buy

Posted by undercutter > 2023-01-17 16:38 | Report Abuse

dividend trap always occur on other counter too, just invest at your own risk

Posted by Xavierthesaviour > 2023-01-17 16:50 | Report Abuse

Are you here to invest for long term or the short term dividend? Different target, different method to invest...

Posted by noscopesummer > 2023-01-17 17:01 | Report Abuse

like justmeme said, 13% return per year is a pretty good deal, anyhow depends how much return you chasing from the stock market la

Travestor

1,002 posts

Posted by Travestor > 2023-01-17 17:59 | Report Abuse

Short term investors will definitely sell some after IDRP for a quick profit. So, I do expect some selling right after new shares get listed. For long term investors, I don't see price fluctuation as a problem.
--------------------------
rahulsk1947
is this reit worthy to buy at 0.805? dont want a scenario where, buy now, after dividend payout, the price crashes.. :(

idunwork

431 posts

Posted by idunwork > 2023-01-17 18:57 | Report Abuse

Assuming share price always take all factors into consideration, short term investors who want to sell should sell before ex dividend. Those who decide to keep should also subscribe the IDRP.

AndrewHo93

321 posts

Posted by AndrewHo93 > 2023-01-18 09:48 | Report Abuse

I guess Bank Negara will raise another 25% OPR to tackle the inflation. Let's wait for the outcome of these two days

Posted by rahulsk1947 > 2023-01-18 13:10 | Report Abuse

Justmeme: "At 5.3 cts x 2 times yearly div which roughly translate to about 13 % " I didn't get this logic....why times 2? last year total was just 0.0523 (0.02X * 2)

how did you get 5.3 cts x 2?

Posted by HafizAjiad98 > 2023-01-18 13:27 | Report Abuse

Kemungkinan besar kadar akan naik sampai 3% dari 2.75%

https://www.nst.com.my/news/nation/2023/01/871091/bnm-almost-certain-raise-opr-month

AndrewHo93

321 posts

Posted by AndrewHo93 > 2023-01-18 15:11 | Report Abuse

5.3 cents (Dividend will be received on 24 Feb) and assuming this year will get 2 dividend from Hektar. My guess only from Justmeme's statement

HosayLiu

291 posts

Posted by HosayLiu > 2023-01-18 15:28 | Report Abuse

Hektar will undergo a price adjustment if OPR hikes again...Continue to follow up the related news then

Posted by resolution666 > 2023-01-18 16:26 | Report Abuse

dont buy if you think not worth it lol, better wait for the OPR update first

MrAction

118 posts

Posted by MrAction > 2023-01-18 16:49 | Report Abuse

13% return, better than FD, invest in HEKTAR....

Posted by undercutter > 2023-01-18 19:05 | Report Abuse

Subscribe for IDRP first then wait to enter again after price had retrace

Posted by MoneyMoneyHome2019 > 2023-01-19 09:36 | Report Abuse

how to subscribe for the IDRP?

AndrewHo93

321 posts

Posted by AndrewHo93 > 2023-01-19 09:39 | Report Abuse

@MoneyMoneyHome2019. They will dispatch a hardcopy of document for you to apply. Or you can ask your broker for more information about that

Posted by Xavierthesaviour > 2023-01-19 13:45 | Report Abuse

Hektar turn out to be one of the most performing reits last year, they are going to repeat their performance again in 2023..

Posted by undercutter > 2023-01-19 14:53 | Report Abuse

can't predict the future la, but covid already hit the market hard enough and its time to come back from the slump

Posted by HafizAjiad98 > 2023-01-19 15:07 | Report Abuse

Keuntungan memang bagus darpd FD jika melabur REITS ni

Posted by HafizAjiad98 > 2023-01-19 15:08 | Report Abuse

kumpul sikit-sikit dr semasa ke semasa, ia blh jadi dana macm bukit pd masa yg akan datang

HosayLiu

291 posts

Posted by HosayLiu > 2023-01-19 15:26 | Report Abuse

BNM maintain 2.75% for OPR. Hektar will continue its upward momentum. Hehe

https://www.freemalaysiatoday.com/category/nation/2023/01/19/bnm-maintains-opr-at-2-75/

Justmeme

245 posts

Posted by Justmeme > 2023-01-19 16:36 | Report Abuse

Justmeme: "At 5.3 cts x 2 times yearly div which roughly translate to about 13 % " I didn't get this logic....why times 2? last year total was just 0.0523 (0.02X * 2)

how did you get 5.3 cts x 2?

Hektar pay div half yearly now so I assume they will pay another one around mid year so that is why x2. Maybe a bit less in mid year but should be around there looking at the current results

Justmeme

245 posts

Posted by Justmeme > 2023-01-19 16:44 | Report Abuse

Before Hektar use to be paying 2.6 to 4 cts div every Q. Then last few years about averaging 2.3 to 2.8 cts every Q before it crashes due to Covid.

Posted by noscopesummer > 2023-01-19 17:30 | Report Abuse

maybe this year back to paying dividend every quarter??

Justmeme

245 posts

Posted by Justmeme > 2023-01-19 22:59 | Report Abuse

It will be interesting to know how YTL Reits are faring this coming results announcement. They and Hektar are almost in the same sector. If they do well this confirm the sector are doing well.

AndrewHo93

321 posts

Posted by AndrewHo93 > 2023-01-20 09:36 | Report Abuse

YTL Reit is more engaging in hotel properties. In terms of retail-concentrated REITs, they are Hektar, Pavilion, IGB and etc. Refer to these retail-focus REITS are more accurate

Posted by HafizAjiad98 > 2023-01-20 10:59 | Report Abuse

Hektar adalah pilihan Reit saya kerana Reit lain amat mahal dan saya dapat kutip Hektar ni pd harga yg murah, lebih kurang 55 sen sana. kekeke

MrAction

118 posts

Posted by MrAction > 2023-01-20 11:44 | Report Abuse

Both reits are doing great after recovering from covid, but imo retail mall are performing better tho

Posted by resolution666 > 2023-01-20 14:18 | Report Abuse

each reits have their own advantages... just invest with your own preference.

AndrewHo93

321 posts

Posted by AndrewHo93 > 2023-01-20 14:59 | Report Abuse

Trued. The halting of OPR has provided some relief to REITs. Expecting REITs to do well in the 1st quarter of 2023

HosayLiu

291 posts

Posted by HosayLiu > 2023-01-20 15:31 | Report Abuse

Short-term profit is taken today for this CNY celebration. Looking forward Hektar will hop high at the year of the rabbit. Happy CNY!

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