Posted by nightmare007 > 2023-01-25 09:06 | Report Abuse

Wait and see? kalau sudah beli harga 0.07..teruskan mengharap...hanya mengharap boleh sedapkan hati... wait and see kalau belum beli bolehlah :))))

@good123
pasukhas tak berani meneruskan projek yayasan atm, terpaksa cari rakan usahasama.. wait n see dulu... usah kecewa

Posted by nightmare007 > 2023-01-25 12:07 | Report Abuse

Hartanah pulih? Pasukgb ada hartanah?? :))))...tak berani menreuskan projectkan? :))))))

Posted by nightmare007 > 2023-01-25 12:08 | Report Abuse

simpan beberapa tahun? dulu kata dana PRN bukan? Ternyata bukan fakta...

Auta semata-mata :)))

Posted by nightmare007 > 2023-01-25 15:53 | Report Abuse

puak mana tu? puak-puak @good123 ke? kkekekekekekekeke

Posted by nightmare007 > 2023-01-25 17:02 | Report Abuse

cerita lama kembali berputar? Cerita project sungai undang tak mahu putarkan kembali? :)))))))))))))

Posted by Lee_CK > 2023-01-25 20:48 | Report Abuse

https://www.orientaldaily.com.my/news/nation/2023/01/25/542225

发布于 2023年01月25日 18时03分 • 最后更新 10分钟前 • 报导：林淑芸
【联访】垃圾变能源　地政部探讨建垃圾发电厂
（布城25日讯）地方政府发展部长倪可敏称，他有信心原本建设进度落后的森美兰波德申废物转化能源（WTE）发电厂能在他百日新政前建峻，以尽快投入运作，这将能减低当地垃圾填埋场处理90%垃圾。

倪可敏指出，建立废物转化能源发电厂（俗称‘垃圾发电厂’）并非容易的事，首先是必须远离住宅区，其次是要有足够的垃圾量，因此在大马一般能建立垃圾发电厂又能达到经济效益，最低标准就是有关地方每天至少要产生3000公吨垃圾。

他提到，垃圾不等人，新政府上台以来，就开始检讨建造工程远落后时间表的波德申垃圾发电厂，逼使对方加快建设进度。
询及此发电厂会否对当地环境带来影响时，倪可敏指出，据他所知，虽然很多人认为垃圾发电厂也会造成环境污染，但随著时代的不同、科技的进步下，很大程度上已把垃圾污染的程度减低。
他补充，波德申的废物转化能源（WTE）采用日本的科技。

倪可敏称，垃圾发电厂在全球各地尤其是中国已经非常普遍可见，各国倡议把垃圾变成能源，因此研发了越来越多的新科技来分解废料，避免污染环境。

土埋场已是过时的做法

他说，土埋场已是过时的处理垃圾做法，大马有超过118个传统土埋场，这些都是污染环境的源头，不止污染当地环境，还污染当地的地下水源，这些必须很认真看待，而放眼未来，他的想法是把垃圾变黄金或能源。

为此，倪可敏在接受中文媒体联访时指出，他们从波德申开始，若这个方式可行的话，该部将会到全国各地鉴定适合的地点。

询及地政部的目标是在全马建设多少间垃圾发电厂时，他则说，他们目前还在处于研究其可行性，同时也会见环保团体对话，让他们了解，凡事有利必有弊，有些事是万利无一弊，同时也要权衡环保与发展之间取得平衡，这也包括绿化与垃圾处理方式。
此外，倪可敏也谈及他上任后的百日新政7大目标的进展。其中，他誓言要铲除100 个非法垃圾土埋场，在短短40天已铲除68个，进度超标；而他也表示，当达到铲除第100个非法垃圾土埋场时，将会邀请媒体来见证。

倪可敏也提到，他近期到旅游景点突击检查垃圾处理课题，那天走访茨厂街后，因垃圾清理工作不理想，特许经营公司阿南弗拉（Alam Flora）立刻成立24小时的垃圾工作队来改善垃圾清理的服务。

他说，我国目前有3间大型垃圾私营化公司，即阿南弗拉、南方废料管理（Sourthen Waste Management）及依达曼（E-Idaman Sdn Bhd），都属于前朝政府发出的特许经营公司，他们提供的垃圾清理服务一年达20亿令吉，并由地政部发放。

加强监督垃圾处理公司

为此，他指出，地政部会加强监督垃圾处理公司的工作表现，同时将会有一个线上系统以要求这些公司上载提供垃圾清理的照片来加强监督，该部也会根据他们所提供的服务来付费。

不过，倪可敏也指出，目前并非全马13州都隶属固体废料及公共卫生管理机构（SW Corp），目前672法令（2007年固体废料及公共卫生法令）只对同意采纳的吉隆坡、布城、彭亨、柔佛、马六甲、森美兰、玻璃市及吉打有效。

他不讳言，地政部希望全国未来有一套统一系统加强监督管理，但也涉及宪法赋予的权限，州权力及东马主权，一切有待商谈，但雪州表达愿意采纳此法令，掌管雪州地方政府、公共交通及华人新村事务行政议员黄思汉已把建议书提呈给地政部，部门将会展开商讨。

Posted by investor2021trading > 2023-01-26 08:25 | Report Abuse

why bothered if they can succeed!

Posted by nightmare007 > 2023-01-26 12:38 | Report Abuse

wow banyak transaction? transaction keuntungan kot? kekekekkekekee :))))

Posted by Good123 > 2023-01-26 12:48 | Report Abuse

Pasukhas also one of top 5 shareholders of meridian...


Meridian THIRTY (30) LARGEST SHAREHOLDERS AS AT 7 OCTOBER 2022
(BASED ON RECORD OF DEPOSITORS)
No. Name of Shareholders No. of Shares Percentage (%)
1. AFFIN HWANG NOMINEES (TEMPATAN) SDN. BHD. 190,000,000 21.01
EXEMPT AN FOR LAZARUS SECURITIES PTY LTD
2. LIM KON LIAN 150,695,909 16.67
3. UOBM NOMINEES (TEMPATAN) SDN BHD 32,500,000 3.59
EXEMPT AN FOR SANSTON FINANCIAL GROUP LIMITED
4. LEE KOON WENG 31,130,000 3.44
5. PASUKHAS PROPERTIES SDN BHD 29,941,600 3.31
6. KONG KOK KEONG 28,000,000 3.10
7. HSBC NOMINEES (ASING) SDN BHD 26,246,900 2.90
EXEMPT AN FOR MORGAN STANLEY & CO. INTERNATIONAL PLC
(IPB CLIENT ACCT)
8. CGS-CIMB NOMINEES (ASING) SDN BHD 25,769,200 2.85
EXEMPT AN FOR CGS-CIMB SECURITIES (HONG KONG) LIMITED
(FOREIGN CLIENT)
9. MIDF AMANAH INVESTMENT NOMINEES (TEMPATAN) SDN BHD 22,389,624 2.48
PLEDGED SECURITIES ACCOUNT FOR TEOH SENG KIAN
(MGN-TSK0015M)
10. AMSEC NOMINEES (TEMPATAN) SDN BHD 22,336,692 2.47
PLEDGED SECURITIES ACCOUNT- AMBANK (M) BERHAD
FOR YAP TING HAU (SMART)
11. AFFIN HWANG NOMINEES (ASING) SDN BHD 20,805,800 2.30
EXEMPT AN FOR SANSTON FINANCIAL GROUP LIMITED
(ACCOUNT CLIENT)

Posted by Good123 > 2023-01-26 12:49 | Report Abuse

pasukhas would get contruction project from permaju and meridian as one of their top shareholders

Posted by Good123 > 2023-01-26 12:52 | Report Abuse

terbukti pasukhas takda perlu PP issued pd harga lantai kpd kroni... pasukhas kaya tunai dengan RM100 juta tunai dari right issue ,,, tetapi dah pakai berpuluh-puluh juta ringgit untuk membeli syer penny related parties macam meridian, permaju, dan banyak lagi.

Checkmate!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!1

Posted by Lee_CK > 2023-01-26 12:52 | Report Abuse

https://fb.watch/ihM6l0XTqw/
垃圾变能源 探讨建垃圾发电厂
Within 100 days

Posted by Good123 > 2023-01-26 12:53 | Report Abuse

Chartered accountant yap cabut mungkin takut siasatan pihak berkuasa anytime

Posted by nightmare007 > 2023-01-26 14:07 | Report Abuse

top shareholder but money burn since meridian also propose consol ? kekekekekekek :))))
@good123
pasukhas would get contruction project from permaju and meridian as one of their top shareholders

Posted by Good123 > 2023-01-26 14:33 | Report Abuse

All related parties penny stok dah locked in loss dah..

Coming quarterly results, pasti ada positive fair value adjustment in quited investment of related party stocks amounting to berpuluh-puluh juta dah invested hahaha

Posted by Good123 > 2023-01-26 14:37 | Report Abuse

Saya mau chartered accountant yap senasa AGMkerana ia benarkan lembaga pengarah beli stok penny related parties tapi dia dah resigned pulak kakaka

Posted by nightmare007 > 2023-01-26 14:50 | Report Abuse

Fakta atau auta?? auta mungkin??? :))))))



@good123
All related parties penny stok dah locked in loss dah..

Coming quarterly results, pasti ada positive fair value adjustment in quited investment of related party stocks amounting to berpuluh-puluh juta dah invested hahaha

Posted by Good123 > 2023-01-26 14:58 | Report Abuse

Technical Trading Ideas – Small Caps Index Hits 7-month High

Posted by nightmare007 > 2023-01-26 15:09 | Report Abuse

Is penny stock and small-cap same?
Penny stocks are low price and market capitalization, often traded over the counter instead of being listed on the exchange. However, small-cap stocks are based on a company's market capitalization, not on its price or where it is listed.

Fakta :))))

Posted by nightmare007 > 2023-01-26 15:10 | Report Abuse

@good123 boleh dipercayai??? :))) kekeke

Posted by Good123 > 2023-01-26 15:14 | Report Abuse

big project bagi pasukhas sebagai salah satu pemegang syer utama meridian :)

https://www.meridianbhd.com.my/project-mtc.html

Posted by nightmare007 > 2023-01-26 15:35 | Report Abuse

CIRCULAR TO SHAREHOLDERS IN RELATION TO THE: - PART A : (I) PROPOSED COLLABORATION; (II) PROPOSED SHARE CONSOLIDATION; (III) PROPOSED RIGHTS ISSUE WITH WARRANTS; (IV) PROPOSED DIVERSIFICATION; AND (V) PROPOSED ESOS (COLLECTIVELY, REFERRED TO AS THE "PROPOSALS") PART B: INDEPENDENT ADVICE LETTER TO THE NON-INTERESTED SHAREHOLDERS OF MERIDIAN BERHAD IN RELATION TO THE PROPOSED COLLABORATION


Pemegang akan rugi? :))))

Posted by Good123 > 2023-01-26 15:52 | Report Abuse

Pasukhas untunglah :)

Right issue... Big project bagi kat pasukhas dan permaju bina ... Pasukhas juga adalah pemegang syer permaju

Posted by Good123 > 2023-01-26 16:12 | Report Abuse

Nta 10sen= right issue 10sen tapi harga semasa 1.5-2sen kini :)

Posted by Good123 > 2023-01-26 16:44 | Report Abuse

Waitlah. Selling below 2sen, takda orang untung termasuk pp kroni.

Pasukhas adalah salah satu pemegang syer terbesar dalam permaju dan meridian... All losses dah lock-in,kini tunggu pemulihan harga je :)

Posted by Good123 > 2023-01-26 16:48 | Report Abuse

Mereka yg dah muflis, mau jual pd 1.5sen, sapu je lah :)

Posted by Good123 > 2023-01-26 16:59 | Report Abuse

35900 shares traded at 1.5sen ~ rm500++ haha

Tak ssnggup jual... Baguslah... Simpan je

Posted by Good123 > 2023-01-26 17:20 | Report Abuse

Digital, green investments, innovation will drive Asia's next growth, Asia House Annual Outlook show
By NST Business - January 25, 2023 @ 7:23pm

Posted by Good123 > 2023-01-26 17:31 | Report Abuse

dibawah 2 sen, semua kecundang

27-Apr-2022 28-Apr-2022 ESOS 20,747,000 0.018
13-Apr-2022 14-Apr-2022 ESOS 69,156,700 0.020
07-Apr-2022 08-Apr-2022 ESOS 28,022,300 0.018
28-Mar-2022 29-Mar-2022 ESOS 71,000,000 0.018
21-Mar-2022 22-Mar-2022 ESOS 60,500,000 0.018
14-Mar-2022 15-Mar-2022 ESOS 50,000,000 0.018
02-Mar-2022 03-Mar-2022 ESOS 21,000,000 0.018
21-Feb-2022 22-Feb-2022 ESOS 50,000,000 0.020
16-Feb-2022 17-Feb-2022 ESOS 25,000,000 0.020
11-Feb-2022 14-Feb-2022 ESOS 25,000,000 0.020
17-Jan-2022 19-Jan-2022 ESOS 36,000,000 0.025
11-Jan-2022 12-Jan-2022 ESOS 8,000,000 0.025
10-Jan-2022 11-Jan-2022 ESOS 8,000,000 0.025
07-Jan-2022 10-Jan-2022 ESOS 8,000,000 0.025
06-Jan-2022 07-Jan-2022 ESOS 16,000,000 0.025
31-Dec-2021 03-Jan-2022 ESOS 20,000,000 0.019
28-Dec-2021 29-Dec-2021 Private Placement 231,477,700 0.019
12-Mar-2021 15-Mar-2021 ESOS 22,737,300 0.040
10-Mar-2021 11-Mar-2021 ESOS 75,791,000 0.040
03-Mar-2021 04-Mar-2021 ESOS 60,000,000 0.045
25-Feb-2021 26-Feb-2021 ESOS 60,000,000 0.048
22-Feb-2021 23-Feb-2021 ESOS 60,642,500 0.048
18-Feb-2021 19-Feb-2021 ESOS 60,000,000 0.050
17-Feb-2021 18-Feb-2021 ESOS 30,000,000 0.050
14-Jan-2021 15-Jan-2021 ESOS 60,000,000 0.073

Posted by Good123 > 2023-01-26 17:32 | Report Abuse

Ann. Date Date Type Units Price View
06-Jan-2021 07-Jan-2021 ESOS 30,102,600 0.073
31-Dec-2020 04-Jan-2021 ESOS 30,102,600 0.078
03-Dec-2020 04-Dec-2020 Private Placement 108,757,000 0.062
24-Nov-2020 25-Nov-2020 Private Placement 100,000,000 0.065
19-Nov-2020 20-Nov-2020 Private Placement 60,000,000 0.064
17-Sep-2020 18-Sep-2020 Private Placement 81,441,000 0.100
08-Apr-2019 09-Apr-2019 Special Issue 2,843,600 0.049
09-May-2017 11-May-2017 Rights Issue 405,786,566 0.100
24-Jan-2017 25-Jan-2017 Private Placement 35,675,000 0.150
22-Dec-2016 23-Dec-2016 Acquisitions 45,610,566 0.205
15-Apr-2016 18-Apr-2016 Private Placement 29,500,000 0.165

Posted by Good123 > 2023-01-26 17:33 | Report Abuse

NTA masih tinggi sebab syer diterbitkan pada harga jauh lebih tinggi drp sekarang...

grab some... no risk no gain :)

Posted by nightmare007 > 2023-01-26 18:02 | Report Abuse

yayasan atm project isn't launched for sale yet? why? :)))))

Posted by Good123 > 2023-01-26 20:46 | Report Abuse

Sektor Hartanah tak berapa memberangsangkan... tunggu masa yg sesuai haha

@nightmare007

yayasan atm project isn't launched for sale yet? why? :)))))

2 hours ago

Posted by Good123 > 2023-01-26 20:53 | Report Abuse

expectations

6h ago
MARKETS
Shares in Asia hit fresh 7-month high, U.S. GDP data awaited

Posted by Good123 > 2023-01-26 21:14 | Report Abuse

Pasukhas Group Berhad, an investment holding company, operates as a civil, mechanical, and electrical company serving various market segments in Malaysia. The company operates through six segments: M&E Engineering Services; Manufacturing of LV Switchboards; Trading; Property Development; Renewable Energy; and Rental Property. The M&E Engineering Services segment provides design, system integration, fabrication, installation, and testing and commissioning of electrical and mechanical works for water treatment and sewerage industry, palm oil and sugar mills and refineries, and other factories.

The Manufacturing of LV Switchboards segment is involved in sub-distribution for the generation, transmission, distribution, and conversion of electric energy and for the control of equipment that consume electric energy. The Trading segment trades in various goods. The Property Development segment engages in civil engineering and construction activities. The Renewable Energy segment is involved in electricity supply business, as well as owns a power plant.

The Rental Property segment rents investment properties. It also designs, builds, and manages mini hydro power plant and other related works. Pasukhas Group Berhad is headquartered in Petaling Jaya, Malaysia.

Posted by Good123 > 2023-01-26 21:15 | Report Abuse

Price-To-Sales vs Peers: PASUKGB is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (0.7x).

Posted by Good123 > 2023-01-26 21:15 | Report Abuse

Price-To-Sales vs Industry: PASUKGB is good value based on its Price-To-Sales Ratio (0.3x) compared to the MY Trade Distributors industry average (0.5x)

Posted by Good123 > 2023-01-26 21:17 | Report Abuse

Financial Health
How is Pasukhas Group Berhad's financial position?

Financial Health Score 4/6

Short Term Liabilities

Long Term Liabilities

Debt Level

Reducing Debt

Posted by Good123 > 2023-01-26 21:17 | Report Abuse

Financial Position Analysis
Assets
RM152.99m
Liabilities
RM34.18m
Short Term
Assets
RM53.51m
Liabilities
RM12.27m
Long Term

Posted by Good123 > 2023-01-26 21:18 | Report Abuse

Short Term Liabilities: PASUKGB's short term assets (MYR153.0M) exceed its short term liabilities (MYR34.2M).

Long Term Liabilities: PASUKGB's short term assets (MYR153.0M) exceed its long term liabilities (MYR12.3M).

Posted by Good123 > 2023-01-26 21:18 | Report Abuse

Debt Level: PASUKGB's net debt to equity ratio (1.2%) is considered satisfactory.

Reducing Debt: PASUKGB's debt to equity ratio has reduced from 36% to 9.6% over the past 5 years.

Posted by Good123 > 2023-01-26 21:18 | Report Abuse

Balance Sheet
Assets
Receivables
RM107.9m
Inventory
RM31.6m
Long term & Other Assets
RM29.4m
Physical Assets
RM24.1m
Cash & Short termInvestments
RM13.5m
Liabilities + Equity
Equity
RM160.0m
Accounts Payable
RM24.8m
Debt
RM15.4m
Other Liabilities
RM6.2m

Posted by Good123 > 2023-01-26 21:19 | Report Abuse

Leadership Team
Name Position Tenure Compensation Ownership

Thean Wan
CEO & Executive Director 7.08yrs RM330.07k 0.00052%
MYR 148.6

Siew Mak
Executive Director 2.33yrs RM435.04k 2.42%
MYR 691.0k

Boon Tang
Executive Director 2.33yrs RM88.12k no data

Ee Lim
Chief Financial Officer 7.17yrs no data no data

Sim Jong
Chief Operating Officer no data no data no data

Teng Sien
Business Development Manager no data no data no data

Chee Peng
Finance and Human Resources Manager no data no data no data

Yuet Wong
Company Secretary 0.33yr no data no data

Posted by Good123 > 2023-01-26 21:20 | Report Abuse

2.3yrs

Average Tenure
49.5yo

Average Age
Experienced Management: PASUKGB's management team is considered experienced (2.3 years average tenure).

Posted by Good123 > 2023-01-26 21:20 | Report Abuse

Board Members
Name Position Tenure Compensation Ownership

Thean Wan
CEO & Executive Director 7.17yrs RM330.07k 0.00052%
MYR 148.6

Siew Mak
Executive Director 2.33yrs RM435.04k 2.42%
MYR 691.0k

Boon Tang
Executive Director 2.33yrs RM88.12k no data

Nik Bin Dato' Nik Yusoff
Independent & Non-Executive Director 2.33yrs RM39.00k no data

Ismail bin Ahmad
Independent & Non Executive Chairman 2.33yrs RM51.00k no data

Kim Teoh
Independent Non-Executive Director 10.92yrs RM39.00k 0.20%
MYR 58.5k

Posted by Good123 > 2023-01-26 21:21 | Report Abuse

Ownership Breakdown
Private Companies 0.7%
13,800,000 shares
Institutions 5.1%
98,091,100 shares
Public Companies 13.7%
260,310,000 shares
Individual Insiders 17.3%
330,042,400 shares
General Public 63.1%
1,203,049,024 shares

Posted by Good123 > 2023-01-26 21:21 | Report Abuse

Top Shareholders
Top 25 shareholders own 34.97% of the company
Ownership Name Shares Current Value Change % Portfolio %
13.66%
Joe Holding Berhad 260,310,000 MYR3.9m 0% no data
5.15%
Lazarus Corporate Finance Pty Ltd 98,091,100 MYR1.5m 0% 2.77%
3.22%
Pak Hong Lim 61,441,900 MYR921.6k 0% no data
2.42%
Siew Mak 46,070,000 MYR691.1k 0% no data
1.57%
Tong Siew Chong 30,000,000 MYR450.0k 0% no data
1.19%
Chong Yau Kho 22,670,000 MYR340.1k 0% no data
1.05%
Yuen Sang Hee 20,000,000 MYR300.0k 0% no data
0.72%
Ace Solution Investments Limited 13,800,000 MYR207.0k 0% no data
0.68%
Kin Seng Tan 13,000,000 MYR195.0k 0% no data
0.61%
Kin Chuan Chung 11,700,000 MYR175.5k 0% no data
0.48%
Zhou Jen Goh 9,200,000 MYR138.0k 0% no data
0.48%
Kong Han Tan 9,180,000 MYR137.7k 0% no data
0.41%
Yin Mui Lum 7,750,000 MYR116.3k 0% no data
0.39%
Chun Hong Heng 7,500,000 MYR112.5k 0% no data
0.36%
Thai On Yoon 6,900,000 MYR103.5k 0% no data
0.36%
Wan Chek Chu 6,900,000 MYR103.5k 0% no data
0.35%
Kamaruzaman Bin Zulkafli 6,707,700 MYR100.6k 0% no data
0.34%
Kie King Sia 6,501,300 MYR97.5k 0% no data
0.34%
Hooi Liang Chia 6,500,000 MYR97.5k 0% no data
0.33%
Choon Kwang Goh 6,373,000 MYR95.6k 0% no data
0.31%
Teong Yew Ong 5,997,300 MYR90.0k 0% no data
0.3%
Kin Loong Pau 5,740,900 MYR86.1k 0% no data
0.2%
Kim Teoh 3,900,000 MYR58.5k 0% no data
0.00052%
Thean Wan 10,000 MYR150.0 0% no data
0.00002%
Nazaithul Binti Mukhtar 300 MYR4.5 0% no data

Posted by Good123 > 2023-01-26 22:43 | Report Abuse

free float is high... hoping some groups would rush in to take control of pasukhas suddenly. hahaha :)

Ownership Breakdown
Private Companies 0.7%
13,800,000 shares
Institutions 5.1%
98,091,100 shares
Public Companies 13.7%
260,310,000 shares
Individual Insiders 17.3%
330,042,400 shares
General Public 63.1%
1,203,049,024 shares

Posted by Good123 > 2023-01-27 08:22 | Report Abuse

Investment tool: People walk towards the Merlion park along Marina Bay in Singapore. Favoured by investors for their dividends, REITs took a beating in 2022 as rising inflation and interest rates dented sentiment in the sector. — AFP

SINGAPORE: Real estate investment trusts (REITs) are looking to make a comeback in 2023 after a torrid 2022, with the pace of interest rate hikes in the United States expected to slow, say analysts.

Favoured by investors for their dividends, REITs took a beating in 2022 as rising inflation and interest rates dented sentiment in the sector. High interest rates make it dearer for REITs, which are debt-intensive, to repay their loans.

In Singapore, the iEdge S-Reit Index – the benchmark for Singapore-listed REITs (S-REITs) – fell by 12% year-on-year in 2022, according to data from the Singapore Exchange (SGX). In contrast, the Straits Times Index yielded total returns of 8.4%, including dividends, SGX data showed.

But Benjamin Tai, director of the global real asset securities group at BlackRock, said REIT valuations in many markets were becoming more attractive now, with the sector trading at a 30% discount to its net asset value.

“Historically, that is actually quite a nice mark of a rebound, which could take place in the following 12 to 18 months,” Tai said at a market outlook event organised by digital wealth platform Endowus.

DBS Group’s head of property research Derek Tan told The Straits Times that the overhang on the sector from US interest rate hikes was approaching its tail end and that historically, S-REITs have tended to outperform the market.

He added that while interest costs will continue to eat into S-REIT earnings throughout 2023, the markets have already factored in the impact of interest costs on REIT unit prices.

Still, Maybank Securities analyst Krishna Guha warned that, assuming interest rates stay elevated, the full impact of high interest rates in 2022 will be felt only later as the debt portfolios of REITs are repriced over time.

BlackRock’s Tai said S-REITs have relatively higher leverage, or debt versus assets, than their global peers.

Using total debt divided by total assets as a measure of leverage, he said S-REITs were somewhere closer to the 40% range, compared with their Australian and US peers which are around 20% leveraged.

He added that because of their relatively higher leverage, growth in the S-REITs’ distribution per unit – the dividends that a unit holder gets for each unit of the REIT – will be “a little challenged over the next few years”.

This is because there will still be upward pressure on their interest rates in 2023, so revenue growth will be limited, he added.

There were 40 S-REITs and property trusts listed on the SGX with an average debt-to-asset ratio of 37.2% at the end of 2022. They remain within the maximum leverage limit of 50% that the Monetary Authority of Singapore has set for S-REITs. — The Straits Times/ANN

Posted by Good123 > 2023-01-27 08:41 | Report Abuse

Berpuluh-puluh juta rm dah dibayar kpd yayasan atm untuk tanah di kl dan melabur dalam small cap related party stocks

Masih cash rich dengan gearing yg minimum haha