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 3 days ago

newbie4444

1,264 posts

Posted by newbie4444 > 2019-03-03 13:22 | Report Abuse

Court case, loss QR why can up? Idiots buying?

idunwork

431 posts

Posted by idunwork > 2019-03-04 02:28 | Report Abuse

Retail reits dividend comparison:
Igbreit, 1.77, dps 0.0919,=5.19%
Sunreit, 1.75, dps 0.0925,=5.28%
Cmmt, 1.11, dps 0.079,=7.12%
Ytlreit, 1.28, dps 0.077,=6.01%
Klcc, 7.75, dps 0.37,=4.77%
Hektar 1.13, dps 0.0901,=7.97%

free2invest

1,748 posts

Posted by free2invest > 2019-03-06 22:07 | Report Abuse

Good detailed info from idunwork. But do you know why klcc, sunreit, ytlreit and others share prices still up and stable if compare with hektar's share price?

gforce2

208 posts

Posted by gforce2 > 2019-03-07 04:05 | Report Abuse

IGBREIT, KLCC = both have prime locations, with high occupancy rates, DPU has increased consistently Y-o-Y.
SUNREIT = has diversified income sources, DPU generally increasing Y-o-Y. Strong sponsor in Sunway, with regular asset transfers over the years.
YTLREIT = purely hotel assets. Has international assets & forex earnings to weather a weaker ringgit.

HEKTAR = drop in DPU since 2016, rights issue in 2017, Subang Parade dealing with lower occupancy rates, negative rental reversions & undergoing asset enhancement this year. Note that Subang Parade contributed about 35% to Net Property Income in 2018.

sg999

1,806 posts

Posted by sg999 > 2019-03-07 19:54 | Report Abuse

no good???

idunwork

431 posts

Posted by idunwork > 2019-03-08 15:32 | Report Abuse

People tend to overpay for the popular stocks because of herd instinct. In share market, only those who are able to detect real values can earn money, long term.

Posted by GreatDreamer > 2019-03-12 12:26 | Report Abuse

In short, Hektar income can be view as this: 1/3 from Subang Mall, 1/3 from Malaka Mall, other 1/3 from 4 Other Malls. SM and MM have rental reversion problem for the past few years due to competition and now also. Hektar share price will fly only if SM & MM have good rental reversion rate. As for OM, so far so good and stable, due to diversify bases and less competition in suburb town.

idunwork

431 posts

Posted by idunwork > 2019-03-12 15:35 | Report Abuse

@GreatDreamer
Mahkota Parade had a rental reversions of 15% last year. Occupancy was 96%.

arv18

2,662 posts

Posted by arv18 > 2019-04-19 21:58 | Report Abuse

This Hisham guy is one useless bugger!

Cold Storage, which was the only highlight of Subang Parade CLOSED last year! And he was given an award @ "APAC Best of the Breeds REITs Awards" ?!

Look @ Mahkota Parade - USELESS! Laking any dynanism!

REIT price is in the toilet!

What the HELL is going on! You bunch of useless nincompoops!

Subang Parade and Mahkota Parade are awesome locations and you are MESSING it up!

thanaraj

115 posts

Posted by thanaraj > 2019-04-23 15:49 | Report Abuse

When is the next AGM for Hektar REIT

ljuihwa

5 posts

Posted by ljuihwa > 2019-04-23 21:47 | Report Abuse

16 April pass already

sell

2,456 posts

Posted by sell > 2019-05-18 17:00 | Report Abuse

QR still not out but Hektar Black disposed non-stop. What it means? QR very bad?

sell

2,456 posts

Posted by sell > 2019-05-20 15:08 | Report Abuse

17-May-2019 Insider HEKTAR BLACK SDN BHD (a substantial shareholder) disposed 550,000 shares on 14-May-2019.
15-May-2019 Insider HEKTAR BLACK SDN BHD (a substantial shareholder) disposed 100,000 shares on 13-May-2019.
15-May-2019 Insider HEKTAR BLACK SDN BHD (a substantial shareholder) disposed 500,000 shares on 09-May-2019.

signalmw

3,314 posts

Posted by signalmw > 2019-05-20 16:15 | Report Abuse

Heard new right issue

anticonman

533 posts

Posted by anticonman > 2019-06-01 11:35 | Report Abuse

TP 90 sen.

wotvr

841 posts

Posted by wotvr > 2019-06-07 23:23 | Report Abuse

Hektar kinda overpriced. The share keep dropping but then yields seem attractive. It is on downwards trend. The REIT dependent on Subang parade which is a large portion of revenue. However, they don't seem to improve the mall. It's kinda sad. Don't be attracted by the high dividend yield as you will have capital losses when you dispose eventually.

Yapyapty

103 posts

Posted by Yapyapty > 2019-06-11 09:49 | Report Abuse

在1.02等它。perfect

Posted by hermanchb > 2019-06-11 11:50 | Report Abuse

我收到风subang parade要大装修,会有先进的升降式停车场,是真的吗?

4444

1,800 posts

Posted by 4444 > 2019-06-13 03:22 | Report Abuse

Expect more drop. Below RM 1?

bankrupt

85 posts

Posted by bankrupt > 2019-06-18 11:18 | Report Abuse

14-Jun-2019 Insider HEKTAR BLACK SDN BHD (a substantial shareholder) disposed 200,000 shares on 12-Jun-2019.
14-Jun-2019 Insider HEKTAR BLACK SDN BHD (a substantial shareholder) disposed 200,000 shares on 11-Jun-2019.

bankrupt

85 posts

Posted by bankrupt > 2019-06-18 11:21 | Report Abuse

Close shop soon so Hektar Black keep disposed?

Yapyapty

103 posts

Posted by Yapyapty > 2019-06-18 14:50 | Report Abuse

手上还有hekta股票快快卖出,很多商店没人租和关闭

Yapyapty

103 posts

Posted by Yapyapty > 2019-06-18 14:50 | Report Abuse

大股东每天在大量卖出

Yapyapty

103 posts

Posted by Yapyapty > 2019-06-18 15:03 | Report Abuse

不要说没有提醒大家

idunwork

431 posts

Posted by idunwork > 2019-06-19 18:26 | Report Abuse

No need scare tactic lah.

Here is what actually is going on with Hektar, please read for your own benefit,

https://fifthperson.com/2019-hektar-reit-agm/

4444

1,800 posts

Posted by 4444 > 2019-06-20 20:55 | Report Abuse

Business must be very bad due to 700 shopping malls.

4444

1,800 posts

Posted by 4444 > 2019-06-20 20:56 | Report Abuse

19-Jun-2019 Insider HEKTAR BLACK SDN BHD (a substantial shareholder) disposed 200,100 shares on 17-Jun-2019.
18-Jun-2019 Insider HEKTAR BLACK SDN BHD (a substantial shareholder) disposed 250,000 shares on 14-Jun-2019.
14-Jun-2019 Insider HEKTAR BLACK SDN BHD (a substantial shareholder) disposed 200,000 shares on 12-Jun-2019.
14-Jun-2019 Insider HEKTAR BLACK SDN BHD (a substantial shareholder) disposed 200,000 shares on 11-Jun-2019.

4444

1,800 posts

Posted by 4444 > 2019-06-20 20:57 | Report Abuse

Today Hektar Black still disposed bec bankrupt coming?

anticonman

533 posts

Posted by anticonman > 2019-06-25 10:50 | Report Abuse

Conmen never informed you insider Hektar Black disposed?

anticonman

533 posts

Posted by anticonman > 2019-06-25 10:52 | Report Abuse

Just visited 1 of their malls recently. Found suddenly 10 shop lots just closed. No wonder Hektar Black non-stop disposed. June'19 QR even worse coming?

lck1300

459 posts

Posted by lck1300 > 2019-06-28 15:48 | Report Abuse

经济风暴来临,倒闭朝先从路边店屋开始,在来到2线商场,1线商场就没那么怕,毕竟租户都是世界级公司见惯风浪。。。买shopping mall reit 最好还是选旗下有1线商场坐镇的reit 。。。。

lck1300

459 posts

Posted by lck1300 > 2019-06-28 16:02 | Report Abuse

just go to their website and check the rental situation ,
subang parade 88.2%
segamat central 78.6% (dangerous )

other still maintain above 95% (kulim central 93.5%)

kulim central is near my living location , i visit some time , parking is always full on weekend and nearby no competitor.... inside got starbuck ~!

anyone mind to share subang parade and segamat central tenancy condition ?

Posted by JxwK0116 > 2019-06-29 23:57 | Report Abuse

Anyone know what is Hektar Black playing?

getingreal

405 posts

Posted by getingreal > 2019-06-30 13:14 | Report Abuse

Hektar Reit Unit price at the end 2009 was RM 1.12, Managers fees were 3,790,195 and DPU was 10.5 Cents.
Unit price at the end 2019 was RM 1.11, Managers fees were 8,443,864 and DPU had dropped significantly to 9.01 Cents.
Managers fees have risen in all but one year since 2009, however DPU stayed flat at 10.5 cents each year till 2017, then it started to drop. Despite DPU dropping, the mangers fees continues to climb.
It seems to me that the Managers are focused on their fees rather than Unit holder DPU!
Isn't it time to ask the managers to drop their fees to below 2009 fees as the DPU has dropped below that level?
REIT Managers are ever keen to acquire more and more properties which increases their fees, but hurts the DPU. I think they should be forced to focus on DPU rather than their fee.
Time to get real!
Year DPU cents Manage fee 31 Dec price
2009 10.30 3,790,195 1.12
2010 10.30 5,507,311 1.35
2011 10.50 5,760,257 1.32
2012 10.50 6,500,653 1.46
2013 10.50 7,582,051 1.50
2014 10.50 7,634,898 1.49
2015 10.50 7,927,254 1.52
2016 10.50 7,791,596 1.56
2017 9.60 7,905,354 1.30
2018 9.01 8,443,864 1.11

getingreal

405 posts

Posted by getingreal > 2019-07-01 18:25 | Report Abuse

Year DPU cents Manage fee 31 Dec price
2009 10.30 3,790,195 1.12
2010 10.30 5,507,311 1.35
2011 10.50 5,760,257 1.32
2012 10.50 6,500,653 1.46
2013 10.50 7,582,051 1.50
2014 10.50 7,634,898 1.49
2015 10.50 7,927,254 1.52
2016 10.50 7,791,596 1.56
2017 9.60 7,905,354 1.30
2018 9.01 8,443,864 1.11

getingreal

405 posts

Posted by getingreal > 2019-07-01 18:57 | Report Abuse

Time to get real!..............................................................................................................................
Year………….. DPU cents……….. ……Manage fee …….31 Dec price
2009 ……………..10.30 ………………3,790,195 ………………....1.12
2010 ………….... 10.30 ……………….5,507,311 …………………1.35
2011 …………….10.50 ……………….5,760,257 …………………1.32
2012 ……………..10.50 ……………….6,500,653 ……………..…..1.46
2013 ……………..10.50 ……………….7,582,051 …………………1.50
2014 ……………..10.50 ……………….7,634,898 …………………1.49
2015 ……………..10.50 ………………7,927,254 …………………1.52
2016 ……………..10.50 ………………7,791,596 …………………1.56
2017 ……………….9.60 ……………....7,905,354 …………………1.30
2018 ……………….9.01 ………………8,443,864 …………………1.11

lck1300

459 posts

Posted by lck1300 > 2019-07-01 23:24 | Report Abuse

if counting included the inflation rate , the DPU is not flat but decrease , manage fee increase significantly , they only care for their pocket .... like that who will invest in this reits ?

getingreal

405 posts

Posted by getingreal > 2019-07-02 00:33 | Report Abuse

Going by the last distribution 1Q of only 1.93, we are heading for a 2019 DPU of (1.93 x 4) = 7.72 cents. I my view the facts are not being fairly reflected in Managers glowing report. Seems to me their statements in their report are misleading investors to believe their REIT is doing well, when in fact clearly the DPU is tanking. If not for the huge increases in Managers fees which increase amount to over 4.6 million (.11c per Unit) at least they could have maintained DPU above 10c. How do they justify their 8.5 millions in fees when clearly they are performing so badly?

lck1300

459 posts

Posted by lck1300 > 2019-07-02 00:50 | Report Abuse

AGM is when ?
can go to ask them ~

anticonman

533 posts

Posted by anticonman > 2019-07-02 08:52 | Report Abuse

Div is to con you to buy when share price drop more. Take past 2 months alone how much Hektar drop? Can cover your 1.93 sen dividend?

anticonman

533 posts

Posted by anticonman > 2019-07-02 08:54 | Report Abuse

All here never heard shopping mall close shop?

patrick2

93 posts

Posted by patrick2 > 2019-07-02 09:21 | Report Abuse

segamat mall is so so...but the main crowds is 2km away from them

idunwork

431 posts

Posted by idunwork > 2019-07-03 00:08 | Report Abuse

Hektar is not the best reit but i am a buyer at this price

Yippy68

1,690 posts

Posted by Yippy68 > 2019-07-03 00:46 | Report Abuse

me too

laosai

156 posts

Posted by laosai > 2019-07-06 17:18 | Report Abuse

04-Jul-2019 Insider HEKTAR BLACK SDN BHD (a substantial shareholder) disposed 257,000 shares on 28-Jun-2019.
04-Jul-2019 Insider HEKTAR BLACK SDN BHD (a substantial shareholder) disposed 552,300 shares on 27-Jun-2019.
04-Jul-2019 Insider HEKTAR BLACK SDN BHD (a substantial shareholder) disposed 173,300 shares on 26-Jun-2019.
04-Jul-2019 Insider HEKTAR BLACK SDN BHD (a substantial shareholder) disposed 122,400 shares on 25-Jun-2019.

laosai

156 posts

Posted by laosai > 2019-07-06 17:18 | Report Abuse

Hektar Black cut loss bec QR very bad coming?

lck1300

459 posts

Posted by lck1300 > 2019-07-08 11:25 | Report Abuse

gonna right issue again ??????
what happen to this reits?
rather buy some 4~5% reit better avoid this .....dividen seem like to trap investor

derricksyl

512 posts

Posted by derricksyl > 2019-07-09 18:51 | Report Abuse

HEKTAR BLACK SDN BHD CONTINUE DISPOSAL VIA OPEN MARKET .. 01/07/19 - 154,000 & 02/07/19 - 350,000

Posted by Ser Leng Quek > 2019-07-11 20:47 | Report Abuse

Why Hektar Black keeps on disposing in open market.? Cash-strapped becoz some of its property projects failed? Better directly disposed to Fraserpoint Commercial Trust and let them runs the show with better management. This will sure up the price.

sg999

1,806 posts

Posted by sg999 > 2019-07-12 23:47 | Report Abuse

WOWWW BREAK NEW LOWWWWWWWWW

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