Last Price Today's Change   Day's Range   Trading Volume
1.60   +0.06 (3.90%)  1.54 - 1.63  4,295,300
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Market Cap: 5,480 Million
NOSH: 3,425 Million
Avg Volume (4 weeks):1,229,380
4 Weeks Range:1.53 - 1.63
4 Weeks Price Volatility (%):
52 Weeks Range:1.33 - 1.66
52 Weeks Price Volatility (%):
Average Price Target: 1.67
Price Target Upside/Downside: +0.07

Financial Highlight

Latest Quarter | Ann. Date 31-Dec-2022 [#4]  |  30-Jan-2023
Next QR | Est. Ann. Date: 31-Mar-2023  |  18-May-2023
T4Q P/E | EY: 16.94  |  5.90%
T4Q DY | Payout %: 5.76%  |  97.59%
T4Q NAPS | P/NAPS: 1.4649  |  1.09
T4Q NP Margin | ROE: 49.67%  |  6.45%


Date Subject
23-Mar-2023 Giant霸市大股东退出!SUNREIT捡了个大便宜?【谈股论今 68】【中字】 - 陈剑
23-Mar-2023 Malaysian REITs Remain a Safe Haven Amid Market Volatility, Says MIDF Research
19-Mar-2023 【行家论股】双威产托 新收购稳定收入
17-Mar-2023 PublicInvest Research Headlines - 17 Mar 2023
17-Mar-2023 MQ Market Updates - 17 March 2023
17-Mar-2023 Sunway REIT - Acquisition of 6 hypermarkets to enhance distributable income
17-Mar-2023 Daily Market Report - 17 Mar 2023
17-Mar-2023 Sunway REIT - Acquires Giant Retail Assets From EPF
17-Mar-2023 Mplus Market Pulse - 17 Mar 2023
14-Mar-2023 PublicInvest Research Headlines - 14 Mar 2023
14-Mar-2023 Mplus Market Pulse - 14 Mar 2023
14-Mar-2023 Sunway REIT Confirms in Talks to Buy Retail Assets From EPF, to Ink Agreement 'as Soon as Possible'
09-Mar-2023 REITS - Positive CY23 outlook for retail and hotel REITs
02-Mar-2023 Sunway REIT - Expect Another Decent Year
01-Mar-2023 Sunway REIT - Riding on Tourism Boom
01-Mar-2023 Sunway REIT - Riding on tourism boom
27-Feb-2023 Budget 2023 - Easing the people’s financial burdens amid global headwinds
15-Feb-2023 REIT - FY22 Report Card: Retail REITs Took the Lead
03-Feb-2023 大马医疗巨头崛起?/奕帆丰顺
02-Feb-2023 Strategy - Trailing the region as valuation gap widens

Business Background

Sunway Real Estate Investment Trust provides unitholders with a diversified portfolio of retail, hospitality, office and other real estate assets. Sunway REIT divides its property type into four categories: retail, hotel, office, and others. The retail properties, which include shopping malls and hypermarkets, generate the most revenue for the company. The retail properties’ tenants include department stores, supermarkets, cinemas, entertainment centres, fashion stores, convention centres, and others. The investment trust focuses on retail and mixed-use assets in cities and townships in Malaysia.
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  9 people like this.
Pinky Got me thinking to switch from Axis to Sunway. Hmm...
30/01/2023 3:10 PM
pang72 Good job. Another 5c dividend
30/01/2023 5:18 PM
Peace99 Agreed....Good New Year Hong Bao!!
30/01/2023 5:28 PM
speakup https://themalaysianreserve.com/2023/01/30/sunway-reit-tripled-4q-net-profit-to-rm51m/
30/01/2023 10:33 PM
pang72 Sunway REIT CEO Datuk Jeffrey Ng said as a result of the improved financial performance and cash flow, Sunway REIT has increased its income distribution payout to 100% in 4Q22 and endeavour to maintain an income distribution payout of 100% in FY23.

Commenting on the outlook, he added, “Sunway REIT maintains a positive outlook for FY23, underpinned by stable domestic economic growth, sustained growth momentum for the Retail segment, further recovery in the hotel segment as well as full-year income contribution from Sunway Carnival Mall (New Wing) and Sunway Resort Hotel.”
31/01/2023 12:07 AM
pang72 Good year ahead!
31/01/2023 12:07 AM
Pinky One of the best-managed MREITs
31/01/2023 10:26 AM
ampabella hor sei leow, long time no give 5 cts dividend, very very cantik
31/01/2023 11:34 PM
xiaoGinna6969 0.05 div is for 6 months instead of the usual quarterly ones ah
02/02/2023 3:11 PM
pang72 Up7c..
I will not look down on reit today onward
02/02/2023 7:40 PM
speakup reits all coming from low base
02/02/2023 8:15 PM
Ahboy96 nice dividend pay out
04/02/2023 12:06 PM
unicornbird I see that the Total share increase about 2% per year, for past 10 years.
Does the REIT pay the management by issuing 2% extra shares yearly?
04/02/2023 5:19 PM
speakup https://www.thestar.com.my/business/business-news/2023/02/05/exciting-deals-at-sunway-theme-parks-mega-roadshow?utm_medium=thestar&utm_source=secpmnewslisting&utm_campaign=Sunway+Lagoon+05Feb23
09/02/2023 9:37 PM
speakup ex today
yippeeeee 5sen dividend comin
14/02/2023 9:22 PM
speakup https://www.theedgemarkets.com/node/655016
21/02/2023 10:14 PM
Pinky Nice price to top up today
24/02/2023 10:03 PM
speakup Undervalued
28/02/2023 9:49 PM
speakup https://www.theedgemarkets.com/node/659476
besok limit up!
16/03/2023 9:25 PM
hhhiii123 Giant is shrinking supermarket, is it bad decision?
17/03/2023 9:07 AM
speakup It's good.
Besides they get slight over 10% discount on the properties. Bulk buying, get discount
17/03/2023 10:05 AM
hhhiii123 But if you visit giant before, you will notice that beside it own supermarket, most of the shoplot are vacant. Most of the big chain brand store also not there, I really doubt how they recover the capital injection lol. Currently giant is operate at free parking but not able to attract more patron, if they remove free parking they may lose regular customers. Let's how they rebrand it...
17/03/2023 10:54 AM
speakup What Giant u go? The Giant near my place not like that, very few empty shops
17/03/2023 11:15 AM
anthonytkh I’m actually more interested in the reasons EPF sold instead of SunREIT buying. We’ve read SunREIT’s reasons for buying but nothing from EPF thus far…
17/03/2023 12:14 PM
hhhiii123 Giant kelana jaya, giant subang, ghost mall lol
17/03/2023 1:11 PM
speakup For those of us who bought cheap, this sunreit is giving us over 6% per year
17/03/2023 1:40 PM
InvestIcon These 6 properties Sunreit bought are with Triple Net Leases, and all with remaining more than 5 years to 10 years. Average rental is net 8% (since is Triple Net lease) and with 12% discount. If GCH (Giant) wants to terminate the leases, they have to pay all outstanding Terms rental. So, Sunreit has not issue to have good rental rate from these properties for next 5-10 years. So, why worry now, We enjoy good DPU first for 5-10 years first.
17/03/2023 2:47 PM
InvestIcon Kinrara Giant. Purchase Price RM130m. Net Rental per year RM9,852,336. or 7.578%, currently is 11-15 years term. Leases is 30 years, Rental increment about 9% every 5 years. Termination condition subject settle full 30 years rental
17/03/2023 2:53 PM
InvestIcon Putra Heights Giant, Purchase Price RM60m, Net Rental/year RM5,386,572. or 8.9%. currently is 11-15 years term. Leases is 30 years, Rental increment about 9% every 5 years. Termination condition subject settle full 30 years rental
17/03/2023 2:55 PM
InvestIcon USJ Giant, Purchase price RM80m,Net Rental/year RM8,187,888.60 or 10.2%. currently is 9-10 years term. Leases is 15 years, After 1o years Rental increment about 10% for last 5 years. Termination condition subject settle full 15 years rental
17/03/2023 2:58 PM
InvestIcon Klang Giant, Purchase Price RM 65m. Net Rental/year RM4,590,864. or 7%. currently is 1-5years term. Leases is 10 years, Rental increment about 7.65% for term 6-10 years. Termination condition subject settle full 10 years rental
17/03/2023 3:00 PM
InvestIcon Ulu Klang Giant, Purchase Price RM45m,Net Rental/year RM3,826,540 or 8.5%. currently is 1-5 years term. Leases is 10 years, Rental increment about 10.4% for year 6-10 . Termination condition subject settle full 10 years rental
17/03/2023 3:02 PM
InvestIcon Plentong Giant, Purchase Price RM140m,Net Rental/year RM10,279,123. or 7.3%. Currently is 1-5 years term. Leases is 10 years, Rental increment about 10% for year 6-10 . Termination condition subject settle full 10 years rental
17/03/2023 3:04 PM
InvestIcon These locations are all prime locations which Sunreit may decides to upgrade for other purposes once leases with Giant over. News also reported GCH may dispose Giant to new buyer. Who ever take over, will still have to bear the full terms leases rental. So, good or not is individual judgement
17/03/2023 3:06 PM
speakup honestly, IMO it's good purchase. not great, but good.
17/03/2023 3:18 PM
speakup https://www.thestar.com.my/business/business-news/2023/03/17/sunway-reit039s-retail-expansion-to-be-earnings-accretive
17/03/2023 4:13 PM
Siow Looi All these lands can be used for future commercial development if feasible
17/03/2023 4:41 PM
speakup https://klse.i3investor.com/web/stock/analysis-price-target/5176

TP range from 1.55 to 1.87. If take Average is 1.71
18/03/2023 10:04 AM
InvestIcon https://dividends.my/sunreit-5176/.
Historically, Sunreit pays highest dividend 9.59 in 2019 and the price in 2019 was 1.9+. which yields about 5%.
Last year Sunreit pays total 9.22 dividend which is one of the few over 9c per annum. Interesting is 2H 2022 pay out is 5c which highest in record for half year dividend. Higher dividend due to better Revenue from Hospitality sector and also November opening of SMC in Penang which contribute partly to Q4 2022 income.
21/03/2023 10:36 AM
InvestIcon As Q4 2022 income is averagely much higher than first 3 quarters. I believe year 2023 will have much higher average quarterly income since 1)SMC Penang will pays full year rental, 2)Better crowd in Shopping mall, Resorts and Hotels. 3) New Suites and Nursing Rooms which currently under renovation in 18th Floor Sunway Resort and will lease to SMC end of this year. 4) part contribution from recent 6 properties acquisitions from EPF which will accrete higher DPU due to average 8.2% net rental. If base on min 5 cents unchanged DPU for half year and 2023 pay out 10 cents. At 1.56, the yields is 6.4% before withholding tax or about 6% after minus withholding tax. With the contribution from The 4 income above, very likely 2023 will be around 11c or more. This will translate to 7.05% before tax and average 6.7% after withholding tax. I think this is extremely good FD if compare to EPF besides the principal will growth with Sunreit
21/03/2023 10:48 AM
speakup IMO this is the best REIT. Very stabil and diversified.
Too bad they selling SMC but for exposure to healthcare can buy some Alaqar REIT
21/03/2023 12:44 PM
bingoman reit boring, everyday 1-2 sen
21/03/2023 3:51 PM
InvestIcon @bingoman, Reit is real investment. Even is slow, but you will sure make profit if you choose the right reit. 99% of long term reit investors make profit if take into accounts of Good Dividend receive every year. Go for speculative stocks if you prefer fast price moving. Speculative stocks, even though price moves up fast, but don't forget it will moves down fast . After all, the price up is not due to company make money for you, but is gambling between you and other groups of people. Strongest will rules. That means, if you are good in Speculative and an always winner gambler. Reit is not for you. But, do take note that historical record shows at least 95% of the speculators eventually their faces turns sour and lost. So, not all can have good luck and good in Speculative. In this sense, Good Reits may be a better choice than FD or even EPF.
22/03/2023 12:10 PM
cn21 https://www.theedgemarkets.com/node/660233

Sunway sets dividend reinvestment issue price at RM1.38 ????
22/03/2023 3:52 PM
hhhiii123 1.30 incoming?? wakaka
22/03/2023 9:05 PM
speakup sunway and sunreit different company lah. sunway is the major shareholder of sunreit.
DRP is for sunway, not sunreit
22/03/2023 9:15 PM
speakup Tiba tiba shoot up. Something brewing
23/03/2023 6:16 PM
hhhiii123 rebound then crash below 1.54? Dun really think it can break 1.66.
23/03/2023 10:19 PM
fusing79 https://www.youtube.com/watch?v=MEC5v9d0Dhc
23/03/2023 11:04 PM
fusing79 Giant霸市大股东退出!SUNREIT捡了个大便宜?【谈股论今 68】【中字】

23/03/2023 11:05 PM

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