KIP REAL ESTATE INVESTMENT TRUST
KLSE (MYR): KIPREIT (5280)
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Last Price
0.895
Today's Change
-0.005 (0.56%)
Day's Change
0.895 - 0.905
Trading Volume
296,100
Overview
Market Cap
543 Million
NOSH
606 Million
Avg Volume (4 weeks)
208,000
4 Weeks Range
0.895 - 0.91
4 Weeks Price Volatility (%)
0.00%
52 Weeks Range
0.845 - 0.935
52 Weeks Price Volatility (%)
55.56%
Previous Close
0.895
Open
0.905
Bid
0.895 x 117,900
Ask
0.905 x 293,300
Day's Range
0.895 - 0.905
Trading Volume
296,100
Financial Highlight
Latest Quarter | Ann. Date
31-Dec-2022 [#2] | 17-Jan-2023
Next QR | Est. Ann. Date
31-Mar-2023 | 20-Apr-2023
T4Q P/E | EY
7.23 | 13.82%
T4Q DY | Payout %
6.54% | 47.31%
T4Q NAPS | P/NAPS
1.01 | 0.89
T4Q NP Margin | ROE
96.68% | 12.26%
News and Blogs
Company Profile
Sector: REAL ESTATE INVESTMENT TRUSTS
Sector: REAL ESTATE INVESTMENT TRUSTS
Subsector: REAL ESTATE INVESTMENT TRUSTS
Subsector: REAL ESTATE INVESTMENT TRUSTS
Description:
KIP Real Estate Investment Trust (KIP REIT) is a Malaysia-based real estate investment trust (REIT) established with the principal investment policy of investing, directly and indirectly, in a portfolio of income-producing Real Estate used primarily for retail purposes. The focus of its investments is towards community-centric retail centers. KIP REIT's initial portfolio consists of six Subject Properties, including five retail centers known as KiP Mart and a neighborhood retail center known as KiP Mall. The properties are namely KiP Mart Tampoi, KiP Mart Kota Tinggi, KiP Mart Masai, KiP Mart Lavender Senawang, KiP Mart Melaka and KiP Mall Bangi; these assets are predominantly situated in the southern states of Malaysia, namely Johor, Malacca and Selangor. KIP REIT's manager is KIP REIT Management Sdn Bhd, which is engaged in active asset management and enhancement strategies, acquisition growth strategies and capital and risk management strategies.
Discussions
3 people like this. Showing 50 of 678 comments
(1) 0.8400 sen per unit - taxable
(2) 0.7000 sen per unit - non-taxable and
(3) 0.0100 sen per unit - tax exempt.
10% tax, right? We need to declare in income tax? or no need
We will direct get = 1.55 sen (before tax) or 1.466 (after tax) into our account?
Balance
= 0.84 x 0.9 + 0.7+0.01 = 1.466 sen.
2022-01-24 14:22
@alex No need, the tax is collected when they pay us, just keep the tax voucher for 7 years.
2022-02-04 10:38
Agree with Value Investor Coo1eo. Over forecast the growth and occupancy without fact find is a risk.
2022-02-22 20:46
Piggy bank is good for long term. Make many on dividend, share price is solid, just like another sunreit.
2022-05-19 11:50
Of course it will be above Rm1 soon. Go fact-finding and you will know. For me , just add more quietly. And someone mentioned without Kinta City, Kipreit will tanked.
2022-06-09 11:42
If not for Kinta City, this REIT's revenue and earnings would have been impacted FY20 & FY21 - that is a fact.
Moving forward, with full reopening and optimism surrounding the promise of new shareholder/investor as well as mgmt guidance to diversify this REIT i guess the market is finally waking up and fairly appraising the valuation...to be closer to NAV
2022-06-09 11:54
interest rates going up....so i guess REITs will take a beating
2022-06-17 11:26
RM210m Borrowings is fixed rate
RM100m Borrowings is floating rate
every 0.25% interest rate interest, then reduce RM250k per year.
KIPREIT annual net profit about RM30m+-
So got significant interest impact?
2022-07-06 16:42
Based on your calculation, KIP's earnings will be impacted around 1%
Other REITs will significant floating rate will be impacted more I guess.
But do note that this there are more rate hikes in the pipeline. And there is not much scope for rental revision should we experience a recession.
2022-07-07 13:21
Valuer Investor Coo1eo, theoritically is 1%, but dont forgot about the rental revision in this 1-2 years as well. i think by 2024 the Company interest rate increase impact can be consider insignificant due to their most borrowings in fixed interest instrument.
2022-07-07 16:15
Any comments on the new deal? Gross Property yield is only 6.5%
Share Placements will dilute EPS and DPS.....more leverage will be exposed to the new norm higher rates.
Where is the Growth?
2022-07-14 09:39
Value Investor Coo1eo Aiyo, ambil 2.1 cents first loh, some more today hit 0.925. Complaint banyak banyak also tak bagi discount punya.
2022-07-29 14:58
This is a no nonsense counter in Bursa and expect to have steady and consistent income for shareholders.I can guarantee you that
2022-08-19 07:09
https://www.theedgemarkets.com/article/special-report-eddie-ong-continues-sniff-out-and-seize-opportunities
Interview with Eddie Ong...
Sometimes the questions tell us more than the answers.
2022-09-01 11:49
Very well written @StreetAnalyst. Fully agree with your assessment and FV estimate of KIP. Kudos
2022-09-20 11:30
Thanks @Coo1eo, ur encouragement is the great motivation for me to continue blog writing…
2022-09-20 17:10
“Moving forward, office REITs would have to cater to the demands of the next generation of workers with features such as on-site childcare or private space at the office, allowing for the benefits of work-from-home at the office,” RHB said.
2022-11-08 12:35
On the environmental, social and governance (ESG) front, the panelists agreed a proper long-term strategy should be the goal, rather than simply reacting to external pressure, especially as the focus on ESG would move beyond operational to supply chain in the near future.
2022-11-08 12:35
My previous post here was removed due to unknown reason... I believe some group of ppl in i3 are attacking my account...
2022-12-02 16:22
Do anyone knows why this counter the margin value is lower or cap it at a lower price ?. Only at about 60% value. Is this Reits a potential danger.
2 months ago
QR is very good mah..
It is affected by one off bla Bla expense..
Management guides better QR coming because new acquisition.
That why its up today!
2 months ago
Pang72... this is a very good report. Must be due to the acquisation of the industrial lots. Heard the annual rental is about 8.2 % but I am not sure
1 month ago
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