HEKTAR REITS

KLSE (MYR): HEKTAR (5121)

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Last Price

0.675

Today's Change

0.00 (0.00%)

Day's Change

0.66 - 0.675

Trading Volume

548,600

Financial

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Last 10 FY Result
AQR T4Q 31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 CAGR
Revenue 111,497 111,497 111,497 117,446 96,599 111,139 137,089 135,107 125,543 124,571 125,511 121,991 -0.99%
PBT 51,696 51,696 51,696 77,995 -31,501 -24,086 39,614 33,129 32,696 43,158 4,759 50,387 0.28%
Tax -2,639 -2,638 -2,639 -3,349 3,035 248 -28,172 0 0 0 0 0 -
NP 49,057 49,058 49,057 74,646 -28,466 -23,838 11,442 33,129 32,696 43,158 4,759 50,387 -0.29%
-
NP to SH 49,057 49,058 49,057 74,646 -28,466 -23,838 11,442 33,129 32,696 43,158 4,759 50,387 -0.29%
-
Tax Rate 5.10% 5.10% 5.10% 4.29% - - 71.12% 0.00% 0.00% 0.00% 0.00% 0.00% -
Total Cost 62,440 62,439 62,440 42,800 125,065 134,977 125,647 101,978 92,847 81,413 120,752 71,604 -1.50%
-
Net Worth 672,755 672,755 672,755 597,982 547,981 576,341 609,417 635,333 648,869 585,618 583,317 620,825 0.89%
Dividend
AQR T4Q 31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 CAGR
Div 29,187 26,839 29,187 37,700 11,922 4,157 35,894 41,622 44,348 42,076 41,991 42,055 -3.97%
Div Payout % 59.50% 54.71% 59.50% 50.51% 0.00% 0.00% 313.71% 125.64% 135.64% 97.49% 882.35% 83.47% -
Equity
AQR T4Q 31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 CAGR
Net Worth 672,755 672,755 672,755 597,982 547,981 576,341 609,417 635,333 648,869 585,618 583,317 620,825 0.89%
NOSH 581,415 581,415 581,415 471,260 471,260 461,960 461,960 461,960 461,960 400,724 399,915 400,532 4.22%
Ratio Analysis
AQR T4Q 31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 CAGR
NP Margin 44.00% 44.00% 44.00% 63.56% -29.47% -21.45% 8.35% 24.52% 26.04% 34.65% 3.79% 41.30% -
ROE 7.29% 7.29% 7.29% 12.48% -5.19% -4.14% 1.88% 5.21% 5.04% 7.37% 0.82% 8.12% -
Per Share
AQR T4Q 31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 CAGR
RPS 19.18 19.18 19.18 24.92 20.50 24.06 29.68 29.25 27.18 31.09 31.38 30.46 -5.00%
EPS 9.81 8.44 9.81 15.84 -6.16 -5.16 2.48 7.17 7.82 10.77 1.19 12.58 -2.72%
DPS 5.02 4.62 5.02 8.00 2.53 0.90 7.77 9.01 9.60 10.50 10.50 10.50 -7.86%
NAPS 1.1571 1.1571 1.1571 1.2689 1.1628 1.2476 1.3192 1.3753 1.4046 1.4614 1.4586 1.55 -3.19%
Adjusted Per Share Value based on latest NOSH - 581,415
AQR T4Q 31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 CAGR
RPS 15.77 15.77 15.77 16.62 13.67 15.72 19.40 19.11 17.76 17.62 17.76 17.26 -0.99%
EPS 6.94 6.94 6.94 10.56 -4.03 -3.37 1.62 4.69 4.63 6.11 0.67 7.13 -0.29%
DPS 4.13 3.80 4.13 5.33 1.69 0.59 5.08 5.89 6.27 5.95 5.94 5.95 -3.97%
NAPS 0.9518 0.9518 0.9518 0.846 0.7753 0.8154 0.8622 0.8989 0.918 0.8285 0.8253 0.8783 0.89%
Price Multiplier on Financial Quarter End Date
AQR T4Q 31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 CAGR
Date 29/12/23 29/12/23 29/12/23 30/12/22 31/12/21 31/12/20 31/12/19 31/12/18 29/12/17 30/12/16 31/12/15 31/12/14 -
Price 0.65 0.65 0.65 0.70 0.505 0.63 0.99 1.11 1.30 1.56 1.52 1.49 -
P/RPS 3.39 3.39 3.39 2.81 2.46 2.62 3.34 3.80 4.78 5.02 4.84 4.89 -3.98%
P/EPS 7.70 7.70 7.70 4.42 -8.36 -12.21 39.97 15.48 18.37 14.48 127.73 11.84 -4.66%
EY 12.98 12.98 12.98 22.63 -11.96 -8.19 2.50 6.46 5.44 6.90 0.78 8.44 4.89%
DY 7.72 7.10 7.72 11.43 5.01 1.43 7.85 8.12 7.38 6.73 6.91 7.05 1.01%
P/NAPS 0.56 0.56 0.56 0.55 0.43 0.50 0.75 0.81 0.93 1.07 1.04 0.96 -5.80%
Price Multiplier on Announcement Date
AQR T4Q 31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 31/12/16 31/12/15 31/12/14 CAGR
Date 22/02/24 22/02/24 22/02/24 23/02/23 25/02/22 25/02/21 26/02/20 28/02/19 12/02/18 14/02/17 17/02/16 13/02/15 -
Price 0.63 0.63 0.63 0.685 0.455 0.63 0.97 1.12 1.21 1.63 1.52 1.51 -
P/RPS 3.29 3.29 3.29 2.75 2.22 2.62 3.27 3.83 4.45 5.24 4.84 4.96 -4.45%
P/EPS 7.47 7.47 7.47 4.32 -7.53 -12.21 39.16 15.62 17.10 15.13 127.73 12.00 -5.12%
EY 13.39 13.39 13.39 23.12 -13.28 -8.19 2.55 6.40 5.85 6.61 0.78 8.33 5.41%
DY 7.97 7.33 7.97 11.68 5.56 1.43 8.01 8.04 7.93 6.44 6.91 6.95 1.53%
P/NAPS 0.54 0.54 0.54 0.54 0.39 0.50 0.74 0.81 0.86 1.12 1.04 0.97 -6.29%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.

NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ & YoY figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.

Discussions
1 person likes this. Showing 50 of 1,791 comments

resolution666

yep, seems like moving up slowly to me

2023-10-27 18:19

noscopesummer

End of year is coming, mall are gonna full of people & hektar is going to perform better than last quarter

2023-10-27 18:51

HafizAjiad98

betul, terutamanya pd cuti sekolah ni. Tapak kaki di mallnya akan meningkat

2023-10-30 09:49

OppenHermes

Moving forward, Hektar will present even better performance after the acquisition of Kolej Yayasan Saad

2023-10-30 11:36

riverlakesea

Retailers are less optimistic on the spending power of Malaysian consumers during the current quarter.

RGM had revised downwards third quarter growth rate from 3% to 1.4%. This is a 53% drop from the earlier projection.



https://theedgemalaysia.com/node/681755

2023-10-30 13:41

riverlakesea

Hektar performance in q3 & q4 should be holding up despite the forecast, good timing to diversify too

2023-10-30 13:45

HosayLiu

Great anticipation. We will find out next month for its Q3 result then

2023-10-31 11:34

AndrewHo93

Hektar's PE is 4.41 x only currently with around RM1.2 in NTA. Extremely undervalued

2023-10-31 13:42

loonisback

Overall market seems to recover in a steady pace, REITS including hektar etc earning should be improving on 2nd half of the year as well

2023-10-31 17:15

MrAction

undervalue for sure, when the time comes then back to 0.70...

2023-10-31 18:10

11wenhao11

Tap in a bit at 61 cents as expect it will deliver good q3

2023-11-03 10:10

firehawk

On 11 October 2023, UOBKH, had on behalf of the Board, announced that Hektar REIT intended to undertake a private placement of up to 20% of the total number of issued units of Hektar REIT pursuant to the Authority granted by unitholders at the AGM dated 6 April 2023 ("Previous Proposed Private Placement").

After due deliberation on Hektar REIT's funding requirements, the Board has decided to revise the structure of the Proposed Private Placement to entail an issuance of up to 15% of the total number of issued units of Hektar REIT to third party investor(s) at an issue price to be determined later.

Further details of the Proposed Private Placement are set out in the attachment enclosed.

This announcement is dated 7 November 2023.

2023-11-07 20:52

firehawk

The issue price of the Placement Units is assumed to be RM0.55 each, which represents a discount of approximately 9.20% to the 5D-VWAMP of Hektar REIT Units up to and including the Revised LPD of RM0.61.

Based on the illustrative issue price of RM0.55, the Proposed Private Placement is expected to raise gross proceeds of up to RM41.71 million.

2023-11-07 20:54

sgnewguy

that's why share price keep going down. bad for long term invester.

2023-11-08 09:36

firehawk

The shares for private placement still not issued yet .... will only be issued someday in the future

2023-11-10 16:27

Lalaking188

private placement issued already?

2023-12-05 17:55

firehawk

UOBKH wishes to announce that the Board had on 5 December 2023 resolved to fix the issue price for the Private Placement at RM0.56 per Placement Unit.

The issue price of RM0.56 per Placement Unit represents a discount of 9.14% to the 5-day volume weighted average market price of Hektar REIT units up to and including 4 December 2023, being the last traded day of Hektar REIT units immediately preceding the price-fixing date, of RM0.6163 per Hektar REIT unit.

This announcement is dated 5 December 2023.

2023-12-05 20:54

monkeyDoz

0.61 PP price, can wait & monitor

2023-12-15 14:02

Brutus

Noticed at Subang Parade already upgrading the downlights on the upper floors. Much brighter and according to the technicians there it is a lot more efficient. Also they mentioned they are using only PHILIPS for all their malls as ESG is a major concern for them.

2023-12-15 17:29

monkeyDoz

so naughty KepalaBergetar1 !

2023-12-20 15:04

flyhub888

look at PP price .. disappointed .

2023-12-25 00:39

dsxd69

crawling back to 70sen?

2023-12-26 16:47

monkeyDoz

what to do, better wait & don't topup now

2024-01-02 15:58

yrhc_eht

Hektar has around RM300m debt expiring in 2024. Any view the how the management team will settle it?

2024-01-02 20:20

triplex3mob

back to 70sen or not no one know

2024-01-09 15:51

monkeyDoz

Idk, no movement at all

2024-01-15 14:58

pencurimoviee

EV charging station Hektar probably gonna be more involved in EV related infrastructure in near future too https://pencurimoviee.com/

2024-01-21 04:46

novel23

wah how come dividen so little jor

2024-01-23 22:36

hhhiii123

still not bad la, almost 4%, somehow property value going up

2024-01-23 22:54

Justmeme

2.3 x 2 is 4.6 cts/66 cts now is 6.9 %, Consider can lah

2024-01-24 10:18

Justmeme

This time no reinvestment option ?

2024-01-24 10:19

miniminer

Don't care liao, wait for the Ang Pow, CNY first .......hehehe................

2 months ago

frick2fa

quiet cny this year

2 months ago

nasilemak5

amboi, wait 0.60

2 months ago

arztronaut

Hektar Real Estate Investment Trust (Hektar REIT) issued five-year medium-term notes (MTNs) worth RM215m — the first issuance under Hektar MTN Satu Sdn Bhd's MTN programme of up to RM500m in nominal value. The MTNs have a coupon rate of 4.2% per annum and are guaranteed by Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank. Proceeds from the guaranteed MTNs will be used to refinance existing borrowings and fund the REIT's capital expenditure and asset enhancement initiative for Subang Parade.

2 months ago

arztronaut

thanks for dividend!

1 month ago

monkeyDoz

waiting for next season

1 month ago

Lee Ying Yee

3 time pp . kill u ???

1 month ago

triplex3mob

how to kill? collect 0.60-0.62

1 month ago

monkeyDoz

Less established and suburban malls did not fare as well compared to prime counterparts. YoY, the 21% drop in Hektar’s distributable income was mainly attributed to the increase in finance cost and negative rental reversion in FY22.

1 month ago

arztronaut

When next dividend

2 weeks ago

eastern_joy

what's cooking now?

3 days ago

ltpklse

Any good news coming?

3 days ago

firehawk

one-day show?

3 days ago

Justmeme

Think they are now planning some portfolio adjustment. Moving into other higher value properties with the new mamagement

3 days ago

LuckyGuns

Agree, one day show saja

3 days ago

Justmeme

Today almost all the Reits move up. So it may not be just a 1 days move

3 days ago

arztronaut

Buy hektar....

1 day ago

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