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Alaqar 5116

Alaqar Company detail:
Share name Al’aqar healthcare REIT(5116)
Web site www.alaqar.com.my
Annual report download click here to view and download
Top 30 share holder unitholding(according to 2014 annual report)

Alaqar Annual performance:
  • Revenue 108,644,329
    Profit 71,302,825
    Gearing % 46%
    EPS(cent) 10.23
    NAV(RM) 1.19
  • Revenue 107,419,000
    Profit 73,310,000
    Gearing % 46.68%
    EPS(cent) 10.53
    NAV(RM) 1.17
  • Revenue 103,398,000
    Profit 62,902,000
    Gearing % 47.01%
    EPS(cent) 9.4
    NAV(RM) 1.15
  • Revenue 84,466,000
    Profit 85,115,000
    Gearing % 48.17%
    EPS(cent) 14.54
    NAV(RM) 1.12
  • Revenue 72,981,795
    Profit 44,819,705
    Gearing % 45.4%
    EPS(cent) 8.11
    NAV(RM) 1.07
Alaqar Dividend record:
  • ex-date payment-date dividend(sen)
    15/09/2015 09/10/2015 5.17
    total
  • ex-date payment-date dividend(sen)
    25/03/2015 20/04/2015 3.790
    23/09/2014 16/10/2014 3.860
    total 7.65
  • ex-date payment-date dividend(sen)
    25/03/2014 17/04/2014 3.990
    02/10/2013 25/10/2013 3.860
    total 7.85
  • ex-date payment-date dividend(sen)
    08/02/2013 28/02/2013 4.540
    27/06/2012 20/07/2012 3.260
    total 7.8
  • ex-date payment-date dividend(sen)
    21/03/2012 20/04/2012 2.520
    12/10/2011 11/11/2011 5.200
    total 7.72
  • ex-date payment-date dividend(sen)
    23/03/2011 15/04/2011 3.300
    28/06/2010 26/07/2010 4.43
    total 7.73
Alaqar article:
alaqar(5116,MYREIT)发布了30sept2015 quarter report,看图下: alaqar这季度revenue上升1.34%,profit上升2.19%,可是nav per unit下滑1.93%,这季度并没有派息。 2015 sept (RM'000) 2014 sept (RM'000) percentage % revenue 27,594 27,229 +1.34% profit 15,100 ...
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alaqar(5116,MYREIT)发布了30jun2015 quarter report,看表下: 与2014年同期相比,revenue增长1.7%,profit增长3.98%,nav per unit上涨了0.7%,公司宣布派息RM5.17cent per unit,ex-date 15sept2015,payment date 9oct2015,这股息比2014年同期少了5% 2015(RM'000) 2015(RM'000) percentage revenue 27,589 27,125 +1.7% profit 15,455 ...
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alaqar(5116,MYREITs) 发布了31mar2015 quarter report,看图下: revenue上升了1.56%,profit上升了3.27%,nav per unit下滑了1.23%,而表格中显示的dividend早在25mar2015就已经expired了,于20april2015完成payment。 alaqar发布的这份quarter report没什么特别,revenue上涨主要是因为年度调涨租金缘故,而alaqar旗下的所有产业均回租给母公司KPJ,享有100%的occupancy rate。 值得注意的是,通过bursa announcement得知,37,403,846新unit将被注入alaqar以完成KPJUC产业收购(click here to read old post) 想更了解alaqar? click here to ...
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alaqar (5116,REITs) 于3月19日以RM4.25 mil宣布购入新产业。 alaqar 购入的是位于seremban的一块freehold地皮,卖方是Seremban Specialist Hospital Sdn Bhd,它是seremban specialist hospital的经营者,也是母公司KPJ的子公司。这块地皮临近seremban specialist hospital,其实 alaqar 于19 August 2008已成功收购seremban specialist hospital,现在进一步收购这一块新地皮。 ...
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uncle jim终于开工了,我发现到很多REITs纷纷公布了quarter and annual report,看来最近有排忙了,一定会一一为各位补上,而羊年的第一篇文章,属于alaqar! alaqar(5116) 公布了4Q2014 quarter report, 与2013年同季度比较,revenue从RM26.8mil上升至RM27.1mil,上升幅度1.11% net profit则下滑了13.22%,从RM31mil下滑至RM26.9mil。alaqar宣布派息3.79sen,ex-date 25mar2015, payment date 20april 2015。 alaqar net profit的下滑主要是由于unrealised ...
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Alaqar(5116,REITs) 公佈了 3Q2014 report, 看圖下: Revenue上揚1.6% 或RM429k Profit上揚RM268k 或1.8% Alaqar在這季度沒宣布派息。 Nav微微下滑1.34% 與其說這是分析還不如說這是告訴大家alaqar公佈季度報告了,因為,沒什麽特別的事情發生,與2013年相差無幾。 Alaqar表示Revenue與profit的增長是由於年度調整所致,而在旗下所有產業都保持100%出租率的帶動下,alaqar 得以保持增長。(這是廢話啦,因為所有的產業都回租給母公司KPJ healthcare) 接下來alaqar的催化劑應該是近來購入的Puteri Nursing College,完成收購後理應能派發更高的dividend。 題外話:alaqar的母公司,KPJ healthcare ...
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(吉隆坡7日訊)柔佛醫藥保健(KPJ,5878,主板貿服組)為ALAQAR保健信托(ALAQAR,5116,主板產業投資信托組)注入資產,分析員認為這雖可釋放產業價值,但相信對柔佛醫藥保健盈利影響有限,無法掃除短期盈利前景黯淡疑慮。 柔佛醫藥保健以7千780萬令吉脫售柔佛醫藥保健大學學院(KPJUC)新擴建的土地,以及教學樓和宿舍單位予ALAQAR保健信托,爾後以脫售價7.1%的回酬率回租相關資產。 大馬研究指出,基於ALAQAR保健信托早已持有KPJUC現有建築,因此柔佛醫藥保健將新擴建產業售之並不出奇,但相信後者今年不會再有任何的資產注入計劃,主要是其新醫院仍處於陣痛期。 肯納格研究表示,柔佛醫藥保健最新動作將可釋放資產價值,並為營運資本進行融資,其中脫售所得中的3千萬令吉將用來償還銀行貸款,其餘830萬令吉則作為營運資本。 “不過,值得注意的是,3千萬令吉只是柔佛醫藥保健高達12億令吉(截至今年9月杪)債務的冰山一角。” uncle 評語:無意中看到這篇報導,想不到ALAQAR的母公司KPJ竟然債台高築,RM1.2bil的負債不是小數目,這次脫售柔佛醫藥保健大學學院(KPJUC)所得的大部分收益竟然用來償還銀行貸款,唇亡齒寒,看來要多注意ALAQAR的母公司了 谢谢你的浏览,请在网页的右上角给我们一个like或到reit tracker注册你的资料,让我们update你最新的REITs消息吧。如果你仍未有股票交易户口 cds account,click here to apply 1 now! ...
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Alaqar (5116, REITs) 以RM77,800,000, 从KPJ子公司PUTERI NURSING COLLEGE SDN BHD购入两片土地 + building, 细节如下: purchase price - RM77,800,000 这产业现为KPJ Healthcare University College,医疗学院大学 这次购入的新产业为KPJ ...
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中國報報導: 據悉,柔佛醫藥kpj(5878)有意在238大樓全面出租后,注入房地產投資信託基金(REITs)。雖然現有出租率僅達20%,公司管理層仍維持樂觀看法,現正接洽把其他空間出租給潛在租戶。 238大樓截至去年3月價值2億2000萬令吉,若轉為信託基金可取得至少2000萬令吉淨資本收益。 先給大家一點概念,menara 238 detail: menara 238 位於Jalan Tun Razak and Jalan Raja Muda Abdul Aziz的交叉點,這是個36層高的office building, 加上 870個 ...
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SUMMARY OF KEY FINANCIAL INFORMATION 31/03/2014 INDIVIDUAL PERIOD CUMULATIVE PERIOD CURRENT YEAR QUARTER PRECEDING YEAR CORRESPONDING QUARTER CURRENT YEAR TO ...
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Alaqar Property Summary:

6 thoughts on “Alaqar 5116”

  1. Alex Tan says:

    Uncle JIm,
    你觉得 al-aqar reit 怎么样?如果要买进,你有什么看法?除了gearing太高以外…

    1. Uncle Jim says:

      我不认为alaqar值得买啦,dividend不好,哈哈

  2. HAN says:

    Hi Uncle Jim,
    Hospital and medical services is becoming more and more important. Alaqar is renting bed to KPJ hospital, right? That is why I feel this counter is more stable and having space to grow. Other REITs is doing hospital as well but at the same time, they owned other business is other sector such as hotel and retail which make their profit become unstable. I had been watching this counter for few month and the price is quite stable.

    However, is there any disadvantages of this counter?

    1. Uncle Jim says:

      hi Han,

      Alaqar renting hospital to his related company – KPJ thru master lease agreement. which mean that, they agreed to pay certain amount of rental upfront. Base on previous date, Alaqar can’t really benefit from KPJ growth. Those master lease agreement seem unfair to me, although there were some rental increment from year to year, but very minor. By the way, Alaqar always purchase “overprice” assets from related company.

      I agree what you said, Hospital and medical services is becoming more and more important, but alaqar is not a good choice to me.

      2cent opinion.

      1. HAN says:

        Hi Uncle Jim,

        Thanks for your opinion.

        I am quite agree with the “overprice” issue. but on the other hand, they have 100% occupancy rate due to master lease, am I right? So the income will be quite stable.

        By the way, regarding the gearing ratio, what is the acceptable range? if the company is continuously make profit, can we accept the high gearing ratio?

        1. Uncle Jim says:

          this is depend on your own decision, personally i always avoid high gearing ratio REITs.

          Alaqar 100% occupancy rate is because of the master lease, the income is stable, but not reasonable 🙂

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