Many international companies are trying to maintain the ecology of the environment. In particular, the business aims to reduce carbon emissions into the atmosphere https://cryptorobotics.co/best-green-cryptocurrency-2022/ This trend has also affected the cryptocurrency industry. For example, in May 2021, the electric car manufacturer Tesla suspended the sale of cars for bitcoin due to the negative impact of cryptocurrency mining on the environment.
So far this FY already give 4.22¢ dividend. If next dividend another 4.22¢, at rm1.40 the yield is already 6%! 3x higher than FD! But most likely next dividend will be closer to 5¢, so yield could be 6.6%!!!!
“While growth may be limited, good management by REITs and the strength of key malls should ensure stability,” the research house said.
While negative factors such as high inflation and increasing interest rates are the much-discussed downside risks, they are potentially mitigated with a drawdown of “excess savings” which had grown considerably due to the pandemic, it added.
Meanwhile, in the office space segment, CBRE|WTW is expecting the average occupancy rate of purpose-built offices to decline from 80.8% in 2019 to 75.1% in 2023, as new supply comes into the market.
So far in 2022, 2.5 million sq ft of new supply was only met by one million sq ft in demand.
While the structural changes are apparent, the research house said the panelists suggested that a lot of tenants are adopting a “wait-and-see” approach to determine how much space they need.
Sunway Real Estate Investment Trust's (SunREIT) performance is expected to be bolstered by the festive season and holidays in the coming quarters.
According to Hong Leong Investment Bank (HLIB) Research, the hotel segment is expected to continue registering promising growth, driven by the positive average daily rate trend and sustained improvement in occupancy rates.
The impending full reopening of Sunway Resort Hotel also bodes well for the REIT's prospects, it said.
SunREIT posted a 3Q'FY22 core net profit of RM86.9mil, which was 141% higher year-on-year, bringing 9M'FY22 net profit to RM239.6mil, 148.2% improved over the same period last year.
result was in line with its and street expectations at 76% and 78% respectively.
In its review, the research firm said the strong year-to-date performance was mainly owing to the sharp rebound in the retail and hotel segments due to the resumption of leisure activities and reopening of international borders.
Adding to the upside was the timely opening of Sunway Carnival Mall's new wing and phased reopening of Sunway Resort Hotel.
"We are delighted with the impressive performance registered by Sunway REIT thus far. On its retail segment, management guided that its rental reversion remains positive at a mid-single digit level.
"Footfall and tenant sales are expected to stay buoyant in the coming quarters on the back of festive seasons and holidays," said the research firm.
New IPO: A homegrown air fragrance company, Vanzo Holdings Berhad aims to list on the Ace Market!
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New IPO: Winstar Capital Berhad, a specialist in the extrusion of aluminium profiles and fabrication of aluminium ladders aims to list on the ACE Market!
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New IPO: Topvision Eye Specialist Berhad, specializing in medical eye care services aims to list on the ACE Market!
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....
pooter
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Posted by pooter > 2022-05-18 21:56 | Report Abuse
High potential 1.65 by year end at least