Posted by 4444 > 2017-07-04 09:40 | Report Abuse

Idiot buy at 1.36. Smart people sell and buy OR better.

Posted by wsng > 2017-07-04 15:15 | Report Abuse

What is OR?

Posted by Low Shen-Cheang > 2017-07-06 15:11 | Report Abuse

All Hektar's major share holders want to get good bargain Right Issue price. They allow the price to stay low.

Posted by md1961 > 2017-07-08 22:18 | Report Abuse

why sell and buy OR better? Anzo right issue was 0.20 and now the stock price is 12.5 so much way below that the Right Issue price.

So it is not guaranteed that buying Offer Rights Issue can make money - tell me if I am wrong?

The main intention to accumulate REITS is for their quarterly dividends so I still think that continue accumulate this REIT is still good or better than keeping your money in FD. Their returns giving yield 6.4%

Posted by cheated > 2017-07-10 03:10 | Report Abuse

You are right. Nowadays shopping mall business is not easy. Many shop lots have to close because biz not good so cannot pay rent. So Hektar need RI for bad debts.

ZeaXG Rights issue in the future, high potential of bad debts write off due to high overdue rental not collected.
22/06/2017 16:56

Posted by cheated > 2017-07-10 03:22 | Report Abuse

You can study whether Hektar debts actually increase or reduced as to why RI needed.

Posted by cheated > 2017-07-10 03:22 | Report Abuse

Pay you dividend then every 5 years ask you back money for RI not a cheat?
https://klse.i3investor.com/entitlement/5121/15-Aug-2012/5690_1184777610.jsp
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5440453

md1961 why sell and buy OR better? Anzo right issue was 0.20 and now the stock price is 12.5 so much way below that the Right Issue price.

So it is not guaranteed that buying Offer Rights Issue can make money - tell me if I am wrong?

The main intention to accumulate REITS is for their quarterly dividends so I still think that continue accumulate this REIT is still good or better than keeping your money in FD. Their returns giving yield 6.4%

Posted by William_Cheng > 2017-07-10 10:16 | Report Abuse

Luckily I have sold Mahkota and Subang Parade. See now Hektar need your money from right isuue. Parkson is cash rich.

Posted by md1961 > 2017-07-11 18:28 | Report Abuse

Basically I was attracted to REITS for its quarterly dividend payout.
Choose Hektar Reit for its past good performance. (DPU 10.5 sen for the past several years)

Done initial purchased on 02-May-17 for 10,000 @ 1.590.
Added 5,000 units when the price dropped to 1.570

In 3 months has accumulated 50,000 shares, total investment RM 76,080 (incl. trxn cost)
1) May 2017 -32,000 shares (RM 50,135)
2) Jun 2017 - 12,500 shares (RM 18,409)
3) July 2017 - 5,500 (RM 7,536)

So if I dispose today 50,000 @ 1.25 , I will stand to lose RM 13,580

REIT is an income stock. Despite Hektar price plunges, in my opinion we should just hold on and keep this as a long term investment as they has been giving out a good returns (average yield above 6.4%)

I hope this forum are put into use as input for some of us to make an inform decision.
After all it is your hard earn money and the choice is yours.

Posted by ks55 > 2017-07-14 19:53 | Report Abuse

RI at 1.11
Up to you to interpret......

http://www.bursamalaysia.com/market/listed-companies/c5487053ompany-announcements/

Posted by ivan9511 > 2017-07-15 00:43 | Report Abuse

ri is not good la 1.11 . stupid

Posted by ks55 > 2017-07-16 00:15 | Report Abuse

You are very clever?

Posted by cheated > 2017-07-16 16:21 | Report Abuse

Chun chun said Hektar is a cheat. Allmost all Reits no need RI except Hektar.

Posted by cheated > 2017-07-16 16:21 | Report Abuse

Pay you dividend ask back RM 1.11 every stocks also can do.

Posted by ks55 > 2017-07-16 16:23 | Report Abuse

So everybody should sell Hektar now and buy back at 1.11
Sokong sama lu.....

Posted by ivan95111 > 2017-07-16 16:25 | Report Abuse

Pay you dividend ask back RM 1.11 every stocks also can do.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5487053

Posted by ivan95111 > 2017-07-16 16:25 | Report Abuse

Sell now buy OR or you lose money.

Posted by ks55 > 2017-07-16 16:27 | Report Abuse

Last time I bought Hektar at 89 sen
calvintaneng better still, at 86 sen

Hektar good to buy at 1.11 only........otherwise RI won't be at 1.11

Posted by ivan95111 > 2017-07-16 16:27 | Report Abuse

RI RM 1.11 below RM 1.2 safer.

Posted by 4444 > 2017-07-16 16:31 | Report Abuse

UMWOG RI 30 sen now 28.5 sen so Hektar same logic RM 1?

Posted by ks55 > 2017-07-16 16:31 | Report Abuse

Below 1.00 is better.
Last time bought it for 89 sen only.

If fall to 70 sen, will sailang 2m shares.

calvintaneng: Are you with me?

Posted by md1961 > 2017-07-17 10:29 | Report Abuse

Hektar news is already out


Renounceable rights issue of 60,966,061 new units in Hektar Real Estate
Investment Trust (Hektar REIT) (Units) (Rights Units) on the basis of 7 Rights
Units for every 46 existing Units held in Hektar REIT at 5.00 p.m. on 31 July
2017, at an issue price of RM1.11 per Rights Unit (Rights Issue)

Posted by BuZiDao > 2017-07-17 11:15 | Report Abuse

Anyone know for what is the purpose? Buy a new mall or renovation?

Posted by Dias > 2017-07-17 12:22 | Report Abuse

Already stated in the Bursa announcement, buy 1Segamat mall (funding is mix of RI and debt). Can't go 100% debt as gearing will hit close to 50% limit.

Posted by investabc > 2017-07-17 13:20 | Report Abuse

Hektar had right issues few years ago @rm1.23 for new malls. After that was done, the share price went up to rm1.50+ in short time.

Posted by ks55 > 2017-07-17 16:39 | Report Abuse

Last time I bought at 89 sen.
calvitaneng was even better, he bought at 86 sen......

Posted by investabc > 2017-07-17 17:04 | Report Abuse

Last time when hektar was 89 cents i didnt buy it. I bought supermax instead at 80 cents. Supermax went up to 8 ringgit plus in 1 year time. I sold the supermax then and bought hektar. I hold very little hektar now after i switched to atrium few months ago. Cheers!

Posted by ks55 > 2017-07-17 17:12 | Report Abuse

William_Cheng was the best.
Last time he sold Subang Parade and Mahkota Parade for free.
Now Hektar has to go for RI.


William_Cheng -- I have sold Mahkota and Subang Parade. See now Hektar need your money from right isuue.

Posted by Orang_Melaka > 2017-07-18 08:57 | Report Abuse

Doesn't make sense why right issue(RI) needed. Heard Parkson Mahkota Parade will close down soon so need RI.

ks55 William_Cheng was the best.
Last time he sold Subang Parade and Mahkota Parade for free.
Now Hektar has to go for RI.


William_Cheng -- I have sold Mahkota and Subang Parade. See now Hektar need your money from right isuue.
17/07/2017 17:12

Posted by Orang_Melaka > 2017-07-18 08:58 | Report Abuse

Idiot bought at 1.34. Smart people buy OR or even better at 86 sen like Calvin.

Posted by yenyen > 2017-07-18 18:03 | Report Abuse

How about If less than 46 existing Units held in Hektar ??

Posted by 4444 > 2017-07-19 21:02 | Report Abuse

CapitaLand’s REIT hit by lower income from its Klang Valley malls
Read more at http://www.thestar.com.my/business/business-news/2017/07/19/capitalands-reit-gains-lower-income-from-its-klang-valley-malls/#I2e4flrrQtGd8HZ2.99

Posted by 4444 > 2017-07-19 21:03 | Report Abuse

Hektar RI because lower income like CMMT?

Posted by 4444 > 2017-07-19 22:11 | Report Abuse

RI because QR loss RM 50 million coming. 70 sen safer.

Posted by ks55 > 2017-07-19 23:28 | Report Abuse

I believe 70 sen is a good buy.
If fall to 50 sen, I will convert all my Reits to Hektar........
By then, Parkson should be only 10 sen...........

Posted by investabc > 2017-07-19 23:53 | Report Abuse

CMMT quater eps 1.38 sen share price rm1.55. Hektar quater eps 2.4 sen share price rm1.34. Its a no brainer.

Posted by Low Shen-Cheang > 2017-07-20 12:07 | Report Abuse

If you sell now, your are being tricked and will regret later. Price will go back to its asset value as Hektar's business is stable. Right now some big share holders suppress it's price so come RI time they got them cheap. Hektar's yield distribution will be 7% at current pricing, highest in REIT.

Posted by investabc > 2017-07-20 13:15 | Report Abuse

There are few here working hard to bring this share price down in order to get cheap TR s.

Posted by md1961 > 2017-07-20 17:11 | Report Abuse

Low Shen- Cheang & Investabc - agreed, yield distribution is good.
Now waiting for their right issue form. Does anyone knows whether it has been mail to us already?

Posted by myway > 2017-07-20 20:56 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5489077
HEKTAR - Notice of Rights Entitlement

HEKTAR REAL ESTATE INVESTMENT TRUST

Renounceable rights issue of 60,966,061 new units in Hektar Real Estate Investment Trust (Hektar REIT) (Units) (Rights Units) on the basis of 7 Rights Units for every 46 existing Units held in Hektar REIT at 5.00 p.m. on 31 July 2017, at an issue price of RM1.11 per Rights Unit (Rights Issue).

Kindly be advised of the following :

1) The Right commence of trading : 1 Aug 2017
2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : 2 Aug 2017
3) The last day and time for Acceptance, Renunciation and Payment : 15 Aug 2017
4) The Rights cessation quotation : 8 Aug 2017

The Stock Short Name, Number and ISIN Code HEKTAR-TR, 5121TR and MYL5121TR000

Posted by 4444 > 2017-07-21 15:28 | Report Abuse

RI mean something is wrong in Hektar. Could be debts uncollectible. Only con company ask for RI.

Posted by 4444 > 2017-07-21 15:29 | Report Abuse

Last chance to sell at 1.34. Once OR traded Hektar could worth only 1.12.

Posted by AK2899 > 2017-07-21 19:19 | Report Abuse

stupid nonsen comment ! you think everyone so naive and listen what u said ? so easy 1.12 ? if 1.12 does it mean the Right only worth 0.01 sen ?

Posted by idunwork > 2017-07-21 20:57 | Report Abuse

I am buying at this low price. Please don't sell unless you are desperately needing money. After right issue done hektar shares will go up quickly. Buying now at 1.34 costs same money compared to later if you buy TR plus 1.11. No one is smarter than others.

Posted by 4444 > 2017-07-22 15:23 | Report Abuse

inlandmarks Shopping malls will be substantially over supply, so Hektar want RI?

Posted by newbie4444 > 2017-07-22 16:41 | Report Abuse

Could be bank borrowings at max limit so need RI?

Posted by Dias > 2017-07-24 13:40 | Report Abuse

Shopping mall space are in oversupply in Klang Valley/major cities. Distance between malls in smaller towns like in Muar are further apart (assuming that it is not the only mall in the area) and hence will enjoy better rental reversions post-AEI as over-supply issues are non-existent.

It is REITs that wish to purchase malls in Klang Valley that we must be more careful of.

Posted by investabc > 2017-07-24 14:11 | Report Abuse

Hektar has subang parade in kl area. This mall has big freehold land and was valued around 427 million. Does any one here know this is good value ?

Posted by 4444 > 2017-07-25 00:09 | Report Abuse

If good value no need RI. Old building who wants?

Posted by 4444 > 2017-07-25 00:10 | Report Abuse

RM 50 million loss next mth. So RI to cover loss?