Posted by anticonman > 2019-07-14 21:38 | Report Abuse

If you visit some of their malls many are empty due to oversupply malls. Giant Mahkota Parade moved out recently.

Ser Leng Quek 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.
11/07/2019 8:47 PM

Posted by Scavenger23 > 2019-07-15 13:59 | Report Abuse

anyone know the reason why keep dropping?

Posted by CharlieSim > 2019-07-15 16:58 | Report Abuse

wtf

Posted by getingreal > 2019-07-15 18:21 | Report Abuse

Hektar Black Sdn Bhd had about 157 milion shares at at beginning of July, thats about 34% of Hektar Reit. If they keep selling at the rate 350k shares a day it will take them about 2 years to clear. So long as they keep selling.... the market cannot go up, and will continue to slide. Who knows what their game plan is, or maybe how desperate they are, or if its the banks selling their shares. As it is, the constant selling is cutting their own throats as well as ours.

Posted by CharlieSim > 2019-07-15 18:38 | Report Abuse

if it is by the bank, real value investors will come in... no worry

Posted by CharlieSim > 2019-07-15 18:40 | Report Abuse

REITs investors dont invest for short term price movements... just sit back, collect dividends, the market price will adjust itself in no time...:)

Posted by patrick2 > 2019-07-15 23:32 | Report Abuse

Anybody can share hektar black sdn bhd belong to who?

Posted by sg999 > 2019-07-15 23:47 | Report Abuse

@CHARLIE sim, DIVIDEN ALSO DECREASING!　year by year!

Posted by Yippy68 > 2019-07-16 03:04 | Report Abuse

i like to take a calculated risk..now i am buying back at nearly half the price i sold in 2017 ie 1.62 ,will it fall to 80 sen?

Posted by CharlieSim > 2019-07-17 09:56 | Report Abuse

i will also buy more...even with lower dividends, price drops even more... good for me compare to FD rates... guess different investors have different criteria and requirements... :)

Posted by idunwork > 2019-07-18 14:49 | Report Abuse

It seems like no more forced selling. Shares are transferred to investment bank instead.

Posted by ter001 > 2019-07-19 13:29 | Report Abuse

Hektar Black Sdn Bhd has offered Medium Term Notes (coupon bond) of 8% worth up to RM950 million for 10 years. The next payment is 18 July 2019 for this period.

Posted by Volodya > 2019-07-24 20:03 | Report Abuse

"if you are not ready for your portfolio to drop by 50%, then you are not an investor, you are a gambler" - Charlie Munger

Posted by Buybuybuy88 > 2019-08-05 12:24 | Report Abuse

When is next QR announce?

Posted by TP_yes_SL_no > 2019-08-07 16:56 | Report Abuse

good to enter?

Posted by idunwork > 2019-08-08 23:30 | Report Abuse

I have been collecting. The yield is very good at this low price.

Posted by ttt > 2019-08-09 16:48 | Report Abuse

thats assuming they will still maintain the current dividends.

Posted by Orang_Melaka > 2019-08-11 13:13 | Report Abuse

Giant Mahkota Parade closing down nobody inform you?

Posted by idunwork > 2019-08-12 12:47 | Report Abuse

Mahkota Parade's top ten tenants list does not include Giant. DIY is the last of the ten which contributes 1.6% rental income.

Posted by bankrupt > 2019-08-14 11:34 | Report Abuse

Hektar Black sold meaning bad QR or bankrupt coming?

Posted by bankrupt > 2019-08-14 11:34 | Report Abuse

RI coming?

Posted by newbie4444 > 2019-08-17 16:36 | Report Abuse

Why every year Aug QR like more delay? 2018 announced on 16th ie yesterday.

Posted by BN_better > 2019-08-20 14:29 | Report Abuse

20 more Giant and Cold Storage stores to close?
https://www.theedgemarkets.com/article/more-giant-stores-closing

Posted by sell > 2019-08-22 21:13 | Report Abuse

QR delay must be very bad.

Posted by idunwork > 2019-08-28 18:16 | Report Abuse

2 sen dividend for 2nd quater is not bad at all. The net profit is improving.

Posted by 4444 > 2019-08-28 22:07 | Report Abuse

Next QR die bec 20 Giant close shop recently.

Posted by newbie4444 > 2019-08-29 10:25 | Report Abuse

idunwork if everything good why Hektar Black disposed instead of buying more?

idunwork 2 sen dividend for 2nd quater is not bad at all. The net profit is improving.
28/08/2019 6:16 PM

Posted by newbie4444 > 2019-08-29 10:25 | Report Abuse

23-Aug-2019 Insider HEKTAR BLACK SDN BHD (a substantial shareholder) disposed 150,000 shares on 13-Jun-2019.

Posted by newbie4444 > 2019-08-29 10:27 | Report Abuse

HEKTAR BLACK SDN BHD 02-Jul-2019 Disposed 350,000 0.000 View Detail
HEKTAR BLACK SDN BHD 01-Jul-2019 Disposed 154,000 0.000 View Detail
HEKTAR BLACK SDN BHD 28-Jun-2019 Disposed 257,000 0.000 View Detail
HEKTAR BLACK SDN BHD 27-Jun-2019 Disposed 552,300 0.000 View Detail
HEKTAR BLACK SDN BHD 26-Jun-2019 Disposed 173,300 0.000 View Detail
HEKTAR BLACK SDN BHD 25-Jun-2019 Disposed 122,400 0.000 View Detail
HEKTAR BLACK SDN BHD 24-Jun-2019 Disposed 200,000 0.000 View Detail
HEKTAR BLACK SDN BHD 21-Jun-2019 Disposed 150,000 0.000 View Detail
HEKTAR BLACK SDN BHD 20-Jun-2019 Disposed 214,200 0.000 View Detail
HEKTAR BLACK SDN BHD 19-Jun-2019 Disposed 153,300 0.000 View Detail
HEKTAR BLACK SDN BHD 18-Jun-2019 Disposed 150,000 0.000 View Detail
HEKTAR BLACK SDN BHD 17-Jun-2019 Disposed 200,100 0.000 View Detail
HEKTAR BLACK SDN BHD 14-Jun-2019 Disposed 250,000 0.000 View Detail
HEKTAR BLACK SDN BHD 13-Jun-2019 Disposed 150,000 0.000 View Detail
HEKTAR BLACK SDN BHD 12-Jun-2019 Disposed 200,000 0.000 View Detail
HEKTAR BLACK SDN BHD 11-Jun-2019 Disposed 200,000 0.000 View Detail
HEKTAR BLACK SDN BHD 14-May-2019 Disposed 550,000 0.000 View Detail
HEKTAR BLACK SDN BHD 13-May-2019 Disposed 100,000 0.000 View Detail
HEKTAR BLACK SDN BHD 09-May-2019 Disposed 500,000 0.000 View Detail
https://klse.i3investor.com/servlets/stk/annchsh/5121.jsp

Posted by idunwork > 2019-08-29 12:53 | Report Abuse

Some of its shares are pledged, share price down then got forced sale i think. It still the biggest holder.
Share price now rm1 can get 2 sen a quater is not good return ? If no good for you you can sell.

Posted by bankrupt > 2019-08-30 11:43 | Report Abuse

Hektar Black disposed bec bankrupt coming?

Posted by bankrupt > 2019-08-30 11:44 | Report Abuse

HEKTAR BLACK SDN BHD 02-Jul-2019 Disposed 350,000 0.000 View Detail
HEKTAR BLACK SDN BHD 01-Jul-2019 Disposed 154,000 0.000 View Detail
HEKTAR BLACK SDN BHD 28-Jun-2019 Disposed 257,000 0.000 View Detail
HEKTAR BLACK SDN BHD 27-Jun-2019 Disposed 552,300 0.000 View Detail
HEKTAR BLACK SDN BHD 26-Jun-2019 Disposed 173,300 0.000 View Detail
HEKTAR BLACK SDN BHD 25-Jun-2019 Disposed 122,400 0.000 View Detail
HEKTAR BLACK SDN BHD 24-Jun-2019 Disposed 200,000 0.000 View Detail
HEKTAR BLACK SDN BHD 21-Jun-2019 Disposed 150,000 0.000 View Detail
HEKTAR BLACK SDN BHD 20-Jun-2019 Disposed 214,200 0.000 View Detail
HEKTAR BLACK SDN BHD 19-Jun-2019 Disposed 153,300 0.000 View Detail
HEKTAR BLACK SDN BHD 18-Jun-2019 Disposed 150,000 0.000 View Detail
HEKTAR BLACK SDN BHD 17-Jun-2019 Disposed 200,100 0.000 View Detail
HEKTAR BLACK SDN BHD 14-Jun-2019 Disposed 250,000 0.000 View Detail
HEKTAR BLACK SDN BHD 13-Jun-2019 Disposed 150,000 0.000 View Detail
HEKTAR BLACK SDN BHD 12-Jun-2019 Disposed 200,000 0.000 View Detail
HEKTAR BLACK SDN BHD 11-Jun-2019 Disposed 200,000 0.000 View Detail
HEKTAR BLACK SDN BHD 14-May-2019 Disposed 550,000 0.000 View Detail
HEKTAR BLACK SDN BHD 13-May-2019 Disposed 100,000 0.000 View Detail
HEKTAR BLACK SDN BHD 09-May-2019 Disposed 500,000 0.000 View Detail
https://klse.i3investor.com/servlets/stk/annchsh/5121.jsp

Posted by besos > 2019-08-30 11:58 | Report Abuse

0.5 TP. Run.

Posted by chamlo > 2019-09-04 03:58 | Report Abuse

Declining cash balance and net current liabilities behind Hektar Black disposing?

Posted by chamlo > 2019-09-04 04:03 | Report Abuse

20 more Giant and Cold Storage stores to close?
https://www.theedgemarkets.com/article/more-giant-stores-closing

Posted by chamlo > 2019-09-04 04:12 | Report Abuse

On 17 July 2019, having heard submissions from both parties’ counsels at the hearing of the
application for stay of execution, the High Court granted the following orders:
a. a conditional stay of execution in favour of The Store subject to the payment of
double rental in the sum of RM5,518,811.88 to be deposited by The Store into a
joint stakeholders account of Hektar REIT’s solicitors (Messrs Han & Partners) and
The Store’s solicitors (Messrs Gideon Tan Razali Zaini) within 30 days from 17 July
2019 i.e. on or before 16 August 2019;
https://cdn1.i3investor.com/my/files/st88k/5121_HEKTAR/qr/2019-06-30/5121_HEKTAR_QR_2019-06-30_Hektar%20-%202nd%20Quarterly%20Results_-265104152.pdf

Posted by celaka91 > 2019-09-11 07:12 | Report Abuse

cn buy???

Posted by derricksyl > 2019-09-13 10:58 | Report Abuse

Major tenant all out .....

Posted by celaka91 > 2019-09-21 16:09 | Report Abuse

price can up agn?

Posted by tolan84 > 2019-09-23 23:17 | Report Abuse

drop again is mean can buy more hahaha keep more play for dividends.

Posted by sell > 2019-09-25 23:34 | Report Abuse

Tomei moving out from Subang Parade why promoters never tell?

Posted by Buybuybuy88 > 2019-10-17 13:15 | Report Abuse

Any good news on hektar?

Posted by Keelip Danny > 2019-10-17 15:57 | Report Abuse

Family Store replacing Giant Mahkota Parade opening today. For those who r not familiar with FS, it is a regional grocery retailer like NSK

Posted by ttt > 2019-10-18 11:38 | Report Abuse

what about subang parade ? anything replacing the cold storage?

Posted by patling63 > 2019-10-20 13:09 | Report Abuse

EventHallspecial

Posted by ahbah > 2019-10-20 17:01 | Report Abuse

Hektar is so cheap, get in now. Such golden opportunity will never

come again !

Posted by ttt > 2019-10-21 11:54 | Report Abuse

they have so much space now for event hall special.. i believe below parkson there is a hall which they curently use for rojak space

Posted by smallfishyu > 2019-10-31 12:13 | Report Abuse

Hektar Asset Management Sdn Bhd CEO Datuk Hisham Othman (pic), however, declined to divulge further information on the retail asset but reiterated that the Reit’s strategy is to own geographically diverse malls that are yield accretive.

“This strategy has been proven well and the future malls that we acquire will most likely be situated outside the Klang Valley, as the Klang Valley is saturated with overbuilt malls or retail assets,” he said after the REIT’s AGM.

Posted by getingreal > 2019-11-13 11:46 | Report Abuse

"Strategy has been proen well" Dato' Othman is qutoed as stating. Proven well for whom? The share price has plunged over 10 years, the DPU has plunged also. Within that same period the sahe price has plunged from 1.56 to 99cents! Below Par!!! The only person that has done well is the manger whos fees have increased from RM3.7 Mill to RM8.4 million over the same period! Dato' please look at the plight of your shareholders before boasting how well you are doing!

Posted by getingreal > 2019-11-20 22:59 | Report Abuse

Hektar Reit Unit price at the end 2009 was RM 1.12, Unit price at the end 2019 was RM 1.11, In 2009 Managers fees were 3,790,195 and 2019 they had skyrocketed up 223% to 8,443,864
In the same period the DPU had dropped significantly from 10.5 Cents. 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. Clearly the Managers Hektar Asset Management Sdn Bhd have been focused on their fees rather than Unit holder DPU!

REIT Managers are ever keen to acquire more and more properties which increases their fees if badly run its at the cost of the DPU.

Looking at the published Audited Annual Reports

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