Posted by PassionateInvestor > 2023-01-19 16:55 | Report Abuse

Finally catching up. The forward dividend could easily be 6-8%.

Posted by speakup > 2023-01-20 16:33 | Report Abuse

anybody know how is pavreit going to buy pavillion bkt jalil? izzit thru PP or RI?

Posted by speakup > 2023-01-20 16:46 | Report Abuse

pavreit buy pavillion bkt jalil for rm2.2Bil means either massive PP or RI

Posted by SmallSexyPig > 2023-01-20 17:12 | Report Abuse

FYI:

The total acquisition price of MYR2.2bn will be paid in stages and two tranches of unit placements. Upon the completion date, which we think it will be in 2Q23, PREIT will pay MYR1.65bn, comprising MYR1bn from bank borrowings, and MYR650m via cash proceeds from the first placement to the vendor. MYR150m will be paid upon the expiry of Defects Rectification Period (DRP) and upon issuance and delivery of the strata title which is targeted by end-2023. Finally, the balance MYR400m will be paid via cash proceeds from the second placement upon achieving a target net property income (NPI) of MYR146m on an annualised basis based on the latest six months historical NPI records. The structure of the deal is designed to target a 6.6% NPI yield while the new mall takes its time to get to full occupancy. Gearing level is expected to increase from 35% to 37% – still below the 50% limit stipulated by the Securities Commission.

via rhbinvest

Posted by speakup > 2023-01-21 13:56 | Report Abuse

wah lau weh......big rm1BILLION loan from bank!

Posted by speakup > 2023-01-21 13:57 | Report Abuse

guess DPU will be affected, as profits used to repay bank installments

Posted by speakup > 2023-01-21 13:59 | Report Abuse

igbreit better than pavreit, pavreit better than hektar

Posted by SmallSexyPig > 2023-01-31 17:23 | Report Abuse

where qr?

Posted by PassionateInvestor > 2023-02-01 09:37 | Report Abuse

Great QR indeed.

Posted by speakup > 2023-02-01 12:34 | Report Abuse

Record high profit, but revenue flat.
How can this be?

Posted by hhhiii123 > 2023-02-01 18:45 | Report Abuse

@speakup
The recorded high profit due to huge increase in fair value of property. It will be good sign as rental should be increased as well.

Posted by speakup > 2023-02-01 22:07 | Report Abuse

not operating profit

Posted by speakup > 2023-02-01 22:08 | Report Abuse

accounting hocus pocus

Posted by speakup > 2023-02-02 21:11 | Report Abuse

was seriously thinking of buying this when <1.20 but then read acquisition of pavillion bkt jalil maybe rights issue, so didn't buy. thanks to pavillion bkt jalil, missed opportunity!

Posted by jonathan_k > 2023-02-03 14:18 | Report Abuse

revenue 30% by tourist, china coming, confirm will be better

Posted by wallstreetrookieNEW > 2023-02-05 09:59 | Report Abuse

Even pang72 is becoming a value investor nowadays.

Posted by speakup > 2023-02-05 21:05 | Report Abuse

Pavilion Bkt Jalil losing a lot of revenue from shoppers parking for free on the main roads instead of paying for parking inside.

Posted by speakup > 2023-02-05 21:08 | Report Abuse

Went there yesterday saw cars park on all the main roads around Pavilion bkt jalil. No clamping? No fines? Nobody will pay for parking inside when they can park for free on the sides of all the main roads surrounding the mall

Posted by 2021willnotbetter > 2023-02-11 12:07 | Report Abuse

6% dividend, worth to long hold.

Posted by SmallSexyPig > 2023-02-15 10:24 | Report Abuse

I don't think a few cars not parking inside is going to affect their bottom line. What an extraordinary statement to make hahahaha.

A lot of footfall during the working week. Even if it's mostly for food. Biggest issue is still empty lots.

Posted by speakup > 2023-02-15 10:58 | Report Abuse

Not a few cars. A lot of cars!
DBKL should tow or fine those parking freeloaders

Posted by SmallSexyPig > 2023-02-15 13:39 | Report Abuse

it's not going to affect their income that much, maybe a few 1000 only. you think too small minded.

Posted by YelnatS > 2023-02-15 14:11 | Report Abuse

All the share discussion that i went in klse.i3, there are always this one fella that always talk like "speakup" but when the share goes the opposite of what they yapping, then they will be gone and not to be seen. LOL!

Posted by speakup > 2023-02-15 21:41 | Report Abuse

fyi, i do not own any shares in pavreit
just becoz i comment on certain shares, doesn't mean i own it

Posted by speakup > 2023-02-15 21:41 | Report Abuse

i say maybank is good in maybank thread, but i oso no maybank

Posted by SmallSexyPig > 2023-02-21 13:24 | Report Abuse

https://open.spotify.com/episode/588ZRF6xi6oJZDpgzNIKes?si=52rSBinSReSPd9VWSbuBpA

PAVREIT CEO on BFM this morning. Interesting listen if you have time.

Posted by YelnatS > 2023-02-21 17:53 | Report Abuse

So you're just a keyboard worrior being here to talk c.ock only lah... Go play far far, dun kakaciaociao...

Posted by PassionateInvestor > 2023-02-22 20:15 | Report Abuse

@smallsexypig Thanks for sharing. The conversation was very informative and engaging. It's good to know that the CEO is very much aware of his properties even up to minute details like tenants in his least performing property. Kudos too on improving ESG too by using renewable energy.

Posted by Asia88 > 2023-03-01 10:40 | Report Abuse

Any door gift in pavreit agm previously?

Posted by speakup > 2023-03-07 15:18 | Report Abuse

Nowadays all ompanies AGM & EGM virtual. No doorgifts

Posted by M55555 > 2023-03-22 22:04 | Report Abuse

investment banker buy call , but now PP coming 2023 to 2025.. Big amount , long time. .......

Posted by jonathan_k > 2023-05-10 10:07 | Report Abuse

hows the QR next?

Posted by PassionateInvestor > 2023-05-16 19:50 | Report Abuse

What's this? Unexpected dividend announcement. Are they at the final stretch of the takeover of Pavillion BJ?

Posted by HUNTER > 2023-05-17 12:59 | Report Abuse

am i missing sum thing?sudden dividend?

Posted by goldenhope > 2023-05-17 13:45 | Report Abuse

Yes, pay out dividend before the new private placement take place.

Posted by sgnewguy > 2023-05-18 11:47 | Report Abuse

mean not good. price down and down for sure

Posted by HUNTER > 2023-05-30 09:40 | Report Abuse

1.28 TO 1.29 can top up

Posted by starkdark > 2023-05-31 12:54 | Report Abuse

Not sure if I miss anything - the dividend in May is unusual, do they give details on why changing the timing? (I couldn't find official statement) And is the usual dividend in August still happening?

Posted by speakup > 2023-05-31 13:15 | Report Abuse

Kasi extra, tak suka?

Posted by pkchong > 2023-05-31 15:02 | Report Abuse

It was the right thing to do with the dividend in May to reward existing shareholders before the PP come on board. Dividend in Aug should be less if any with the enlarged base on 01-Jun-2023 and only one month to 30-Jun.

Posted by LadyRepins > 2023-06-01 17:27 | Report Abuse

I think one cannot form a clear picture until Pavilion BJ is fully on board and revenue numbers reported, might be a while. Anyone have idea when reporting will fully include PVBJ?

Posted by fortunefire > 2023-06-01 17:28 | Report Abuse

offers shareholders with dividend to top up upon pp

Posted by speakup > 2023-07-19 18:38 | Report Abuse

https://www.malaymail.com/news/life/2023/07/19/tesla-malaysia-pavilion-kl-among-first-supercharger-locations-with-eight-charging-bays/80555

Posted by notrealBoo > 2023-07-22 22:46 | Report Abuse

will this fly, with Tesla?

Posted by speakup > 2023-07-23 13:13 | Report Abuse

Undervalued
Many IB giving high TP

Posted by notinside751 > 2023-07-24 09:42 | Report Abuse

may be will announce good dividend because of Tesla coming in heavily and led by Pavilion.

Posted by Snake > 2023-07-27 10:46 | Report Abuse

Shopping malls are everywhere, big big small small

Posted by hhhiii123 > 2023-07-27 21:21 | Report Abuse

sidikit dividend, not bad....

Posted by speakup > 2023-07-27 21:28 | Report Abuse

this Q dividend mostly declared already in May due to the massive private placement taken place.
if u add 3.65 + 0.76 = 4.41sen is actually higher than previous few Q dividend

Posted by hhhiii123 > 2023-07-27 21:39 | Report Abuse

I think there will not be any dividend declared, but the dividend come with surprise, hopefully tomorrow can jump