@AK2899 the aquisition of 1segamat was completed on september 18. The new full rental income should be included in 2017Q4 . 1segamat generates revenue over 12 million a year.
Hektar my favorite for around 7 to 8 years, when it hit highest at 1.67', I cleared all and made a very good profit both on dividend and capital gain. Thank hektar management for good job but unfortunately, business on retailing is no more that lucrative and too many malls set up. Soon all will face tough time, my 2 cents.
HEKTAR has paid out dividends 2 times (total 6.30 sen) 1)1Q17 -01 Jan 2017 - 31 Mar 2017 @ 2.30 sen 2) 2Q17 -1 April 2017 - 31 August 2017 @ 4 sen (special dividend) Next should be the balance of 3Q&4Q (1Sep - 31Dec17), I heard this to be announce by next week Hope good news next week
HEKTAR REIT Q417 RESULTS 11 Years of Sustainable Growth Final Distribution per Unit Declared At 3.30 Sen
Kuala Lumpur, February 12, 2018 – Hektar Real Estate Investment Trust (“Hektar REIT”) announced its financial results for the fourth quarter ended 31 December 2017. The REIT recorded higher revenue of RM33.4 million, an increase of 7% to the corresponding period in 2016 (“4Q2016”). Net Property Income rose to RM20.9 million, up by 12% over 4Q2016. Realised net income also grew to RM11.8 million, a 14% increase from 4Q16. These positive financials were largely due to the completion of the acquisition of 1Segamat Shopping Centre (now known as “Segamat Central”) on 18 September 2017 with approximately 220,000 square feet additional net lettable are (“NLA”) injected into the REIT’s portfolio, increased marketing activities at the malls as well as cost optimisation initiatives undertaken in the later part of the year. Net Income is reported marginally higher at RM12.1 million, mainly as a result of the fair value gain from revaluation of investment properties recorded in 4Q16
No one, can really sure that the stock can go below RM 1.00 You are not god or an idiot god to really can tell the future of the stock? If it really dive below RM 1, well it is good too if you have courage to buy.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
myway
506 posts
Posted by myway > 2017-09-11 13:33 | Report Abuse
Hektar REIT banks on turnover lease
http://www.theedgemarkets.com/article/hektar-reit-banks-turnover-lease