Possible wor..

wanted to buy Sunreit, but am a little worry about it's quick ratio, how will it affect the company? They'll need to take in more debt or sell some assets or something?

i got a stupid question.. reit income distribution need to pay tax? how we file it in the income tax?

For individual investor, reit income is already taxed (witholding), so what you received is tax exempted already.

good to know tat , this suddenly pops into my head

FYI I know Sunway waived 1 month (or more?) rental during MCO.

Today REIT naik, other investors already finding place to shelter the brewing storm ?

Sunreit borrows mostly from its own parent company, so it's not at risk of default even if the ratio looks bad. Sunway Berhad in turn has been able to borrow very cheaply given how much BNM has reduced interest rate this year. In their most recent CP issuance, they borrowed RM 75 mil at just 2.87%. This structure is more efficient as the parent is able borrow at cheaper rates than its subsidiaries, which is then lent downwards at similar.or slightly higher rates. That way the interest cost of the entire group is minimized.

https://fast.bnm.gov.my/fastweb/public/Publ...reenId=PB050400

This post has been edited by Havoc Knightmare: Jun 12 2020, 07:34 PM

Thank you very much! Finally someone who knows what he’s talking

You're welcome. Just an additional note, since their interest cost will decline quite a bit in the coming quarters, this will boost their DPU. Although their DPU for Q2 and possibly Q3 will be more negatively affected by the MCO. But by Q4 or Q1 of next year when their revenue normalizes, the DPU could reach a new high due to sharply lower interest cost.

That's good news. Maybe time to top up some sunreit when price is nice

Hotel sector may not recover as quick until Covid issue is being cleared and international flight, tourism resume to normal, which seems like at least last until year end/next year or so.

Apart from industrial, logistics, data centre, tech, healthcare sector that have long term leases, reit at short term is facing a lot of challenge in term of negative revision, renewal lease and potential defaulting issue as well.

Positive side, OPR is projected heading down further, and potential cheaper borrowing cost for refinancing in a much long term future. But reit needs to show the ability for lease renewal or maintain the lease without much negative revision.

May I know is it true that Reits in Malaysia after deducted the withholding tax (actual unit holder received) is lower than the return of other stock, for example, Sunway Reits vs Sunway Bhd or YTLreit vs YTL.

This post has been edited by rocketm: Jun 25 2020, 01:05 AM

Why nobody like pav reit??

Alaqar is offer 4-5% discount today. Probably some fund house unload.

long term holding good

NO!!!!!!!!!!!!!!!! No money to top up 😢

Only like the "Pavilion KL" assets whilst the other assets are diluting the overall portfolio's yield. So having a wait n see.

Tbf, buying PAVREIT=buying pavi mall. Iirc, 94% of their earnings/portfolio value comes from pavi alone. Whenever I do analysis for this reit I tend to ignore the other assets

Sifus, any comments on CMMT? Is it worth buying now since the price has drops to MCO range.