Last Price Today's Change   Day's Range   Trading Volume
1.32   +0.02 (1.54%)  1.30 - 1.32  9,600
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Market Cap: 999 Million
NOSH: 756 Million
Avg Volume (4 weeks):98,128
4 Weeks Range:1.29 - 1.33
4 Weeks Price Volatility (%):
52 Weeks Range:1.12 - 1.33
52 Weeks Price Volatility (%):
Average Price Target: 1.35
Price Target Upside/Downside: +0.03

Financial Highlight

Latest Quarter | Ann. Date 31-Dec-2022 [#4]  |  24-Feb-2023
Next QR | Est. Ann. Date: 31-Mar-2023  |  30-May-2023
T4Q P/E | EY: 16.60  |  6.02%
T4Q DY | Payout %: 6.02%  |  99.84%
T4Q NAPS | P/NAPS: 1.2839  |  1.03
T4Q NP Margin | ROE: 54.55%  |  6.19%


Date Subject
05-Sep-2022 PublicInvest Research Headlines - 5 Sept 2022
05-Sep-2022 Mplus Market Pulse - 5 Sept 2022
18-Jul-2022 Mplus Market Pulse - 18 Jul 2022

Business Background

Al-Aqar Healthcare Real Estate Investment Trust is a Malaysia-based company. Its activity is investing in Syariah-compliant properties with the primary objective of providing unitholders with distribution and potential for sustainable long-term growth of such distribution and capital appreciation. The company operates through the geographic segments that are Malaysia and Australia. The Malaysian geographic segment generates maximum revenue for the company.
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  sms1981 likes this.
kinuxian Alaqar may hv improved earning on parking fee if KPJ provide vaccine jabs service in near future. Master lease from KPJ should resonance well except property in Australia which lagging performance.
27/10/2020 8:06 PM
DickyMe Rubbish stock!
27/10/2020 8:06 PM
investfuture alaqar 3q2020 analysis

05/12/2020 8:49 AM
rahulsk1947 how come no dividend pay out for nov/dec? only 3 payouts this year...
16/12/2020 12:47 PM
dummy dividend coming in February
28/01/2021 6:20 PM
RainT make big loss

19/02/2021 6:44 PM
RainT waiting share price to big drop for scoop more shares
19/02/2021 6:44 PM
RainT will buy more
19/02/2021 6:45 PM
kinuxian Jeta Gardens @ Australia valuation down by 42mil but NPI as whole is increased actually. I doubt there will be any good buying opportunities.
19/02/2021 7:01 PM
RainT Anybody notice the error in latest quarter report?

The YTD revenue in the report is RM115,710,279

But the
Q1 revenue is RM28,160,817
Q2 revenue is RM21,163,829
Q3 revenue is RM25,335,559
Q4 revenue is RM31,248,908

Total revenue is RM105,909,113

With differences of RM9,801,166 in the figures.....
20/02/2021 11:00 AM
RainT which quite material error
20/02/2021 11:03 AM
reitpulse Post removed. Why?
25/04/2021 10:17 AM
reitpulse Post removed. Why?
29/04/2021 7:09 AM
2.4.4 Rental formula for rental amount on pages 5 to 8.
For information, the agreed yield of 5.75% and the 200 BPS in the rent formula for the next contractual term under the Proposed Lease Renewal differ from that included in the rent rental formula under the previous Principal Lease Agreements primarily due to, amongst others, the interest rate environment. The 3-month Kuala Lumpur Interbank Offered Rate (“KLIBOR”) on 30 June 2006 was 3.92% as compared to 1.94% as at LPD (Source: Bloomberg). In addition,the spread under the rent review formula is now proposed at 200 BPS as compared to 238 BPS after taking into consideration, inter-alia, the improved financial standing of KPJ Group over the years. As at LPD, KPJ is a RM4.4billion (30 June 2006: RM323.7million) market capitalisation company with revenue of RM2.4 billion for FY 31 December 2020

My concerns are as follows:

1/ Whilst there is minimum rental protection, however the increase in rental is capped at only 2% regardless of the market value of the property or the 10 year MGS rate. The board's and MainStreet independent advisor report talks about the drop in KLIBOR however they did not consider the scenario where 10 year MGS rate goes back up towards 4.2% and subsequently increases ALAQAR's financing cost significantly. This proposal pushes the interest rate risk to ALAQAR for the next 15 years. How is it fair that the increase in rental be capped to 2% irrespective of the 10 year MGS rate on rental review years ?

2/ On page 18 section 5.3 of the circular, the new terms will effect an initial rental reduction of RM1,543,000 in the first year. The evidence of improved financial standing of KPJ is not convincing. This company's FY2020 is gearing is 67%. YTLREIT arranged a rental deferment and intends to pay back the arrears from 2022 onwards however in 2020 KPJ asked for a rental rebate during MCO 1.0 from ALAQAR. ALAQAR agreed instead of asking rental deferment.
09/06/2021 9:18 AM
kinuxian Looks like more movement on REIT counters, like YTLReit too.
15/06/2021 3:55 PM
fortunefire what happened today? why suddenly dropped after 3pm?
15/06/2021 5:02 PM
siaokar only drop 4 cents no need to be scared
15/06/2021 5:06 PM
Unnature No worries, EPF acquiring bit by bit. Healthy Reits
26/06/2021 3:48 PM
Unnature Thank you Alaqar , received dividend today
16/07/2021 9:19 AM
fortunefire keep dropping everyday. time to buy once go below 1.0
30/07/2021 11:21 AM
laichinkwok82 why go for defensive asset when US stocks are booming?
01/09/2021 4:58 PM
kelvinfixx Buy.
29/09/2021 5:03 PM
StreetAnalyst Post removed. Why?
04/10/2021 10:06 AM
RainT Drop to attractive level to buy
03/11/2021 9:38 AM
kinuxian Public mutual was trimming their holding, seems like it almost done, if not probably left couple million units to clear. UT Fund like Public Islamic Opportunities sold all, while PB SmallCap Growth, Public Strategic SmallCap Fund are trimming their holding but some was absorb by Public Islamic Select Treasures fund.
03/11/2021 10:19 AM
kelvinfixx Bought
26/11/2021 12:31 PM
valueplayer Post removed. Why?
09/12/2021 2:40 PM
kinuxian Seems like Public Strategic SmallCap Fund still triming their remaining 2mil as of end of Nov. Wander if EPF will do year end windows dressing as
they stop acquiring since Aug, probably due to i-Citra. While KWAP, Tabung Haji all inaction for quite sometime aside from Johor Corp do some insignificant purchase.
15/12/2021 10:29 AM
RainT time to buy
16/12/2021 9:56 AM
kinuxian back to envelope calculation, there're around 2mil transacted till date in Dec. Lets see if selling pressure ease by institute in coming days. JCorp will be flushed with cash once QSR listed and lets see if they had plan with KPJ and Alaqar.

16/12/2021 10:02 AM
kinuxian I guess we shall anticipate a negative revaluation in coming QR.
24/01/2022 10:28 AM
Khai Zam when next incm distbtn?
27/01/2022 11:00 AM
Dakewlest The result is good. Al Aqar can declare higher dividend.
28/02/2022 9:09 PM
Mynihar Nihar kenapa divident tak masuk dalam akaun pada 28.2.2022??
02/03/2022 2:34 PM
reitpulse Post removed. Why?
19/03/2022 9:16 AM
speakup back to 2sen dividend per quarter.
ah good!
07/06/2022 2:50 PM
StreetAnalyst Post removed. Why?
07/07/2022 10:33 PM
speakup safe haven counter
better than fd
09/07/2022 2:45 PM
kong73 The NAV per unit of Al-`Aqar Healthcare REIT as at 30 June 2022 is RM 1.2969.

This announcement is dated 22 July 2022.
16/08/2022 11:36 AM
kong73 Current price is lower than NAV of RM1.2969/unit
16/08/2022 11:37 AM
Abrahmi She we buy now at 1.10
10/10/2022 8:46 AM
Abrahmi Should
10/10/2022 8:46 AM
speakup One of the most undervalued REITS
At 1.20 it's dividend yield is an astounding 6.7%! 3x higher than FD!
01/11/2022 9:20 AM
StreetAnalyst My post was removed due to unknown reason. I guess some group of ppl in i3 are attacking my account...
02/12/2022 4:27 PM
speakup Collected 4¢ dividend d
Another 2¢ comin
05/12/2022 6:22 PM
speakup Collected 6¢ dividend d
Another 2.1¢ comin
06/02/2023 3:46 PM
speakup https://www.theedgemarkets.com/node/655016
21/02/2023 10:15 PM
Eric Can I ask why most of the reits counter so low volume ? Should I be worried that it has such low volume cuz I planned to accumulate every month for at least the coming 5 to 10 years, or should I just go for MayBank ? Maybank dividend also not bad but much higher volume ? Like I saw UOA Reit / Alaqar whole day volume only 20k to 30k RM
01/03/2023 2:55 PM
speakup At 1.32 got 111,800 for sale. Not enuf for u?
01/03/2023 3:15 PM
speakup With Sunreit selling SMC, this Alaqar is the only healthcare related REIT in Malaysia
21/03/2023 12:51 PM

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