Highlights
KLSE: AXREIT (5106)       AXIS REAL ESTATE INVESTMENT TRUST MAIN : REITS
Last Price Today's Change   Day's Range   Trading Volume
2.14   +0.02 (0.94%)  2.12 - 2.14  4,200
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Financials


Market Cap: 3,087 Million

Market Cap 3,087 Million
NOSH 1,442 Million

Latest Audited Result:  31-Dec-2019

Latest Audited Result: 31-Dec-2019
Announcement Date 28-Feb-2020
Next Audited Result: 31-Dec-2020
Est. Ann. Date: 28-Feb-2021
Est. Ann. Due Date: 29-Jun-2021

Latest Quarter:  30-Sep-2020 [#3]

Latest Quarter: 30-Sep-2020 [#3]
Announcement Date 21-Oct-2020
Next Quarter: 31-Dec-2020
Est. Ann. Date: 20-Jan-2021
Est. Ann. Due Date: 01-Mar-2021
QoQ | YoY   4.09%  |    23.87%

Annual (Unaudited) ( EPS: 14.51, P/E: 14.75 )

Revenue | NP to SH 216,409  |  209,238
RPS | P/RPS 15.00 Cent  |  14.26
EPS | P/E | EY 14.51 Cent  |  14.75  |  6.78%
DPS | DY | Payout % 9.21 Cent  |  4.30%  |  63.52%
NAPS | P/NAPS 1.44  |  1.48
YoY   35.01%
NP Margin | ROE 96.69%  |  10.07%
F.Y. | Ann. Date 31-Dec-2019  |  20-Jan-2020

T4Q Result ( EPS: 15.27, P/E: 14.01 )

Revenue | NP to SH 222,007  |  220,241
RPS | P/RPS 15.39 Cent  |  13.90
EPS | P/E | EY 15.27 Cent  |  14.01  |  7.14%
DPS | DY | Payout % 8.70 Cent  |  4.07%  |  56.90%
NAPS | P/NAPS 1.48  |  1.44
QoQ | YoY   2.92%  |    48.04%
NP Margin | ROE 99.20%  |  10.30%
F.Y. | Ann. Date 30-Sep-2020  |  21-Oct-2020

Annualized Result ( EPS: 8.59, P/E: 24.95 )

Revenue | NP to SH 223,233  |  123,724
RPS | P/RPS 15.48 Cent  |  13.83
EPS | P/E | EY 8.59 Cent  |  24.95  |  4.01%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   2.42%  |    13.45%
NP Margin | ROE 55.42%  |  5.79%
F.Y. | Ann. Date 30-Sep-2020  |  21-Oct-2020


Hints :
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Date Financial Result Financial Ratio Per Share Item Performance Valuation (End of Quarter) Valuation (Ann. Date)
F.Y. Ann. Date Quarter # Revenue PBT NP NP to SH Div Net Worth Div Payout % NP Margin ROE NOSH RPS Adj. RPS EPS Adj. EPS DPS Adj. DPS NAPS Adj. NAPS QoQ YoY EOQ Date EOQ Price EOQ P/RPS EOQ P/EPS EOQ P/NAPS EOQ EY EOQ DY ANN Date ANN Price ANN P/RPS ANN P/EPS ANN P/NAPS ANN EY ANN DY
31-Dec-2020 21-Oct-2020 30-Sep-2020 3 57,166 32,392 32,392 32,392 32,452 2,137,246 100.19% 56.66% 1.52% 1,442,331 3.96 3.96 2.24 2.24 2.25 2.25 1.4818 1.48   4.09%   23.87% 30-Sep-2020 2.16 54.50 96.18 1.46 1.04% 1.04% 21-Oct-2020 2.11 53.24 93.95 1.42 1.06% 1.07%
31-Dec-2020 26-Aug-2020 30-Jun-2020 2 55,488 31,120 31,120 31,120 31,010 2,135,082 99.65% 56.08% 1.46% 1,442,331 3.85 3.85 2.16 2.16 2.15 2.15 1.4803 1.48   6.28%   7.14% 30-Jun-2020 2.06 53.55 95.48 1.39 1.05% 1.04% 26-Aug-2020 2.10 54.59 97.33 1.42 1.03% 1.02%
31-Dec-2020 20-May-2020 31-Mar-2020 1 54,771 29,281 29,281 29,281 30,288 2,103,928 103.44% 53.46% 1.39% 1,442,331 3.80 3.80 2.04 2.04 2.10 2.10 1.4587 1.46   -77.03%   10.10% 31-Mar-2020 1.83 48.19 90.14 1.25 1.11% 1.15% 1.95 51.35 96.05 1.34 1.04% 1.08%
31-Dec-2019 20-Jan-2020 31-Dec-2019 4 54,582 131,661 127,448 127,448 31,575 2,078,816 24.78% 233.50% 6.13% 1,435,250 3.80 3.78 10.00 8.84 2.20 2.19 1.4484 1.44   387.39%   90.26% 31-Dec-2019 1.77 46.54 19.93 1.22 5.02% 1.24% 20-Jan-2020 1.77 46.54 19.93 1.22 5.02% 1.24%
31-Dec-2019 21-Oct-2019 30-Sep-2019 3 53,864 26,149 26,149 26,149 29,076 1,657,219 111.19% 48.55% 1.58% 1,237,285 4.35 3.73 2.11 1.81 2.35 2.02 1.3394 1.15   -9.98%   -12.07% 30-Sep-2019 1.85 42.50 87.54 1.38 1.14% 1.27% 21-Oct-2019 1.80 41.35 85.17 1.34 1.17% 1.31%
31-Dec-2019 24-Jul-2019 30-Jun-2019 2 54,194 29,047 29,047 29,047 29,199 1,660,313 100.53% 53.60% 1.75% 1,237,285 4.38 3.76 2.35 2.01 2.36 2.02 1.3419 1.15   9.22%   8.28% 28-Jun-2019 1.75 39.95 74.54 1.30 1.34% 1.35% 24-Jul-2019 1.84 42.01 78.38 1.37 1.28% 1.28%
31-Dec-2019 29-Apr-2019 31-Mar-2019 1 53,769 26,594 26,594 26,594 29,076 1,660,313 109.33% 49.46% 1.60% 1,237,285 4.35 3.73 2.15 1.84 2.35 2.02 1.3419 1.15   -60.30%   -15.39% 29-Mar-2019 1.80 41.42 83.74 1.34 1.19% 1.31% 29-Apr-2019 1.77 40.73 82.35 1.32 1.21% 1.33%
31-Dec-2018 22-Jan-2019 31-Dec-2018 4 59,477 71,387 66,985 66,985 30,313 1,664,024 45.25% 112.62% 4.03% 1,237,285 4.81 4.12 5.43 4.64 2.45 2.10 1.3449 1.15   125.24%   51.92% 31-Dec-2018 1.56 32.45 28.81 1.16 3.47% 1.57% 22-Jan-2019 1.66 34.53 30.66 1.23 3.26% 1.48%
31-Dec-2018 23-Oct-2018 30-Sep-2018 3 52,348 29,739 29,739 29,739 28,959 1,619,277 97.38% 56.81% 1.84% 1,232,326 4.25 3.63 2.41 2.06 2.35 2.01 1.3140 1.12   10.86%   -8.66% 28-Sep-2018 1.47 34.61 60.91 1.12 1.64% 1.60% 23-Oct-2018 1.51 35.55 62.57 1.15 1.60% 1.56%
31-Dec-2018 06-Aug-2018 30-Jun-2018 2 47,450 26,892 26,825 26,825 24,646 1,614,101 91.88% 56.53% 1.66% 1,232,326 3.85 3.29 2.18 1.86 2.00 1.71 1.3098 1.12   -14.65%   15.30% 29-Jun-2018 1.46 37.92 67.07 1.11 1.49% 1.37% 06-Aug-2018 1.48 38.44 67.99 1.13 1.47% 1.35%
31-Dec-2018 25-Apr-2018 31-Mar-2018 1 45,087 31,430 31,430 31,430 23,907 1,611,267 76.06% 69.71% 1.95% 1,232,326 3.66 3.13 2.55 2.18 1.94 1.66 1.3075 1.12   -28.72%   38.78% 30-Mar-2018 1.29 35.26 50.58 0.99 1.98% 1.50% 25-Apr-2018 1.38 37.72 54.11 1.06 1.85% 1.41%
31-Dec-2017 23-Jan-2018 31-Dec-2017 4 42,417 44,091 44,091 44,091 23,907 1,591,180 54.22% 103.95% 2.77% 1,232,326 3.44 2.94 3.87 3.06 1.94 1.66 1.2912 1.10   35.42%   81.70% 29-Dec-2017 1.50 43.58 41.92 1.16 2.39% 1.29% 23-Jan-2018 1.40 40.67 39.13 1.08 2.56% 1.39%
31-Dec-2017 23-Oct-2017 30-Sep-2017 3 41,996 32,558 32,558 32,558 22,103 1,400,475 67.89% 77.53% 2.32% 1,105,173 3.80 2.91 2.95 2.26 2.00 1.53 1.2672 0.97   39.94%   -10.69% 29-Sep-2017 1.60 42.11 54.31 1.26 1.84% 1.25% 23-Oct-2017 1.59 41.84 53.97 1.25 1.85% 1.26%
31-Dec-2017 24-Jul-2017 30-Jun-2017 2 41,639 23,266 23,266 23,266 24,041 1,395,406 103.33% 55.88% 1.67% 1,107,904 3.76 2.89 2.10 1.61 2.17 1.67 1.2595 0.97   2.73%   -36.17% 30-Jun-2017 1.64 43.64 78.10 1.30 1.28% 1.32% 24-Jul-2017 1.64 43.64 78.10 1.30 1.28% 1.32%
31-Dec-2017 25-Apr-2017 31-Mar-2017 1 42,693 22,647 22,647 22,647 23,751 1,391,851 104.88% 53.05% 1.63% 1,104,731 3.86 2.96 2.05 1.57 2.15 1.65 1.2599 0.96   -6.67%   -9.84% 31-Mar-2017 1.65 42.70 80.49 1.31 1.24% 1.30% 25-Apr-2017 1.65 42.70 80.49 1.31 1.24% 1.30%
31-Dec-2016 18-Jan-2017 31-Dec-2016 4 42,390 24,266 24,266 24,266 23,162 1,390,331 95.45% 57.24% 1.75% 1,102,999 3.84 2.94 2.20 1.68 2.10 1.61 1.2605 0.96   -33.44%   43.15% 30-Dec-2016 1.61 41.89 73.18 1.28 1.37% 1.30% 18-Jan-2017 1.65 42.93 75.00 1.31 1.33% 1.27%
31-Dec-2016 24-Oct-2016 30-Sep-2016 3 41,982 36,456 36,456 36,456 22,646 1,390,851 62.12% 86.84% 2.62% 1,104,727 3.80 2.91 3.30 2.53 2.05 1.57 1.2590 0.96   0.02%   49.47% 30-Sep-2016 1.75 46.05 53.03 1.39 1.89% 1.17% 24-Oct-2016 1.75 46.05 53.03 1.39 1.89% 1.17%
31-Dec-2016 04-Aug-2016 30-Jun-2016 2 41,776 36,450 36,450 36,450 22,506 1,368,521 61.75% 87.25% 2.66% 1,097,891 3.81 2.90 3.32 2.53 2.05 1.56 1.2465 0.95   45.10%   14.24% 30-Jun-2016 1.70 44.68 51.20 1.36 1.95% 1.21% 04-Aug-2016 1.79 47.04 53.92 1.44 1.85% 1.15%
31-Dec-2016 25-Apr-2016 31-Mar-2016 1 41,215 25,120 25,120 25,120 22,585 1,358,022 89.91% 60.95% 1.85% 1,101,754 3.74 2.86 2.28 1.74 2.05 1.57 1.2326 0.94   48.19%   7.73% 31-Mar-2016 1.61 43.04 70.61 1.31 1.42% 1.27% 25-Apr-2016 1.60 42.77 70.18 1.30 1.43% 1.28%
31-Dec-2015 18-Jan-2016 31-Dec-2015 4 40,008 16,951 16,951 16,951 22,014 1,353,658 129.87% 42.37% 1.25% 1,100,714 3.63 2.77 1.54 1.18 2.00 1.53 1.2298 0.94   -30.50%   -35.01% 31-Dec-2015 1.64 45.12 106.49 1.33 0.94% 1.22% 18-Jan-2016 1.58 43.47 102.60 1.28 0.97% 1.27%
31-Dec-2015 19-Oct-2015 30-Sep-2015 3 41,857 24,463 24,390 24,390 24,061 1,350,418 98.65% 58.27% 1.81% 1,093,721 3.83 2.90 2.23 1.69 2.20 1.67 1.2347 0.94   -23.56%   -39.17% 30-Sep-2015 1.69 44.16 75.78 1.37 1.32% 1.30% 19-Oct-2015 1.69 44.16 75.78 1.37 1.32% 1.30%
31-Dec-2015 03-Aug-2015 30-Jun-2015 2 41,337 31,906 31,906 31,906 23,573 1,353,154 73.88% 77.19% 2.36% 548,213 7.54 2.87 5.82 2.21 4.30 1.63 2.4683 0.94   36.84%   45.79% 30-Jun-2015 3.45 45.75 59.28 1.40 1.69% 1.25% 03-Aug-2015 3.37 44.69 57.90 1.37 1.73% 1.28%
31-Dec-2015 20-Apr-2015 31-Mar-2015 1 40,619 23,317 23,317 23,317 22,441 1,341,603 96.24% 57.40% 1.74% 547,347 7.42 2.82 4.26 1.62 4.10 1.56 2.4511 0.93   -10.60%   4.14% 31-Mar-2015 3.53 47.57 82.86 1.44 1.21% 1.16% 20-Apr-2015 3.60 48.51 84.51 1.47 1.18% 1.14%
31-Dec-2014 19-Jan-2015 31-Dec-2014 4 35,033 26,083 26,083 26,083 20,082 1,172,283 76.99% 74.45% 2.22% 483,914 7.24 2.43 5.39 1.81 4.15 1.39 2.4225 0.81   -34.95%   -11.19% 31-Dec-2014 3.62 50.00 67.16 1.49 1.49% 1.15% 19-Jan-2015 3.52 48.62 65.31 1.45 1.53% 1.18%
31-Dec-2014 20-Oct-2014 30-Sep-2014 3 33,121 40,096 40,096 40,096 23,176 1,049,773 57.80% 121.06% 3.82% 463,537 7.15 2.30 8.65 2.78 5.00 1.61 2.2647 0.73   83.21%   9.35% 30-Sep-2014 3.62 50.66 41.85 1.60 2.39% 1.38% 20-Oct-2014 3.65 51.08 42.20 1.61 2.37% 1.37%
31-Dec-2014 04-Aug-2014 30-Jun-2014 2 35,085 21,885 21,885 21,885 24,419 1,028,042 111.58% 62.38% 2.13% 460,736 7.61 2.43 4.75 1.52 5.30 1.69 2.2313 0.71   -2.26%   -10.22% 30-Jun-2014 3.31 43.47 69.68 1.48 1.44% 1.60% 04-Aug-2014 3.40 44.65 71.58 1.52 1.40% 1.56%
31-Dec-2014 21-Apr-2014 31-Mar-2014 1 35,596 22,391 22,391 22,391 24,468 1,030,309 109.28% 62.90% 2.17% 461,670 7.71 2.47 4.85 1.55 5.30 1.70 2.2317 0.71   -23.76%   7.26% 31-Mar-2014 3.38 43.84 69.69 1.51 1.43% 1.57% 21-Apr-2014 3.34 43.32 68.87 1.50 1.45% 1.59%
31-Dec-2013 20-Jan-2014 31-Dec-2013 4 36,194 29,368 29,368 29,368 21,567 1,023,383 73.44% 81.14% 2.87% 458,874 7.89 2.51 6.40 2.04 4.70 1.50 2.2302 0.71   -19.90%   -32.32% 31-Dec-2013 2.93 37.15 45.78 1.31 2.18% 1.60% 20-Jan-2014 2.85 36.13 44.53 1.28 2.25% 1.65%
31-Dec-2013 21-Oct-2013 30-Sep-2013 3 35,307 36,666 36,666 36,666 21,541 1,011,660 58.75% 103.85% 3.62% 458,325 7.70 2.45 8.00 2.54 4.70 1.49 2.2073 0.70   50.42%   89.88% 30-Sep-2013 3.41 44.27 42.63 1.54 2.35% 1.38% 21-Oct-2013 3.40 44.14 42.50 1.54 2.35% 1.38%
31-Dec-2013 25-Jul-2013 30-Jun-2013 2 35,475 24,375 24,375 24,375 21,036 993,795 86.30% 68.71% 2.45% 457,317 7.76 2.46 5.33 1.69 4.60 1.46 2.1731 0.69   16.77%   25.29% 28-Jun-2013 3.67 47.31 68.86 1.69 1.45% 1.25% 25-Jul-2013 3.40 43.83 63.79 1.56 1.57% 1.35%
31-Dec-2013 22-Apr-2013 31-Mar-2013 1 35,007 20,875 20,875 20,875 20,555 985,738 98.47% 59.63% 2.12% 456,783 7.66 2.43 4.57 1.45 4.50 1.43 2.1580 0.68   -51.89%   -0.41% 29-Mar-2013 3.40 44.36 74.40 1.58 1.34% 1.32% 22-Apr-2013 3.71 48.41 81.18 1.72 1.23% 1.21%
31-Dec-2012 21-Jan-2013 31-Dec-2012 4 34,999 43,390 43,390 43,390 25,523 988,079 58.82% 123.97% 4.39% 455,777 7.68 2.43 9.52 3.01 5.60 1.77 2.1679 0.69   124.70%   35.70% 31-Dec-2012 3.13 40.76 32.88 1.44 3.04% 1.79% 21-Jan-2013 3.13 40.76 32.88 1.44 3.04% 1.79%
31-Dec-2012 22-Oct-2012 30-Sep-2012 3 32,797 19,310 19,310 19,310 19,537 961,138 101.18% 58.88% 2.01% 454,352 7.22 2.27 4.25 1.34 4.30 1.35 2.1154 0.67   -0.75%   15.26% 28-Sep-2012 3.00 41.56 70.59 1.42 1.42% 1.43% 22-Oct-2012 3.02 41.84 71.06 1.43 1.41% 1.42%
31-Dec-2012 23-Jul-2012 30-Jun-2012 2 32,884 19,455 19,455 19,455 - 958,238 - % 59.16% 2.03% 453,496 7.25 2.28 4.29 1.35 0.00 0.00 2.1130 0.66   -7.18%   22.86% 29-Jun-2012 2.80 38.61 65.27 1.33 1.53% 0.00% 23-Jul-2012 2.84 39.17 66.20 1.34 1.51% 0.00%
31-Dec-2012 16-Apr-2012 31-Mar-2012 1 32,286 20,961 20,961 20,961 19,509 959,033 93.07% 64.92% 2.19% 453,701 7.12 2.24 4.62 1.45 4.30 1.35 2.1138 0.66   -34.45%   27.14% 30-Mar-2012 2.73 38.36 59.09 1.29 1.69% 1.58% 16-Apr-2012 2.73 38.36 59.09 1.29 1.69% 1.58%
31-Dec-2011 16-Jan-2012 31-Dec-2011 4 29,805 31,976 31,976 31,976 16,377 811,254 51.22% 107.28% 3.94% 389,951 7.64 2.07 8.20 2.22 4.20 1.14 2.0804 0.56   90.87%   -21.90% 30-Dec-2011 2.62 34.28 31.95 1.26 3.13% 1.60% 16-Jan-2012 2.70 35.33 32.93 1.30 3.04% 1.56%
31-Dec-2011 17-Oct-2011 30-Sep-2011 3 29,243 16,753 16,753 16,753 - 750,654 - % 57.29% 2.23% 375,627 7.79 2.03 4.46 1.16 0.00 0.00 1.9984 0.52   5.80%   -30.95% 30-Sep-2011 2.35 30.19 52.69 1.18 1.90% 0.00% 17-Oct-2011 2.45 31.47 54.93 1.23 1.82% 0.00%
31-Dec-2011 25-Jul-2011 30-Jun-2011 2 28,436 15,783 15,835 15,835 16,925 752,971 106.89% 55.69% 2.10% 376,128 7.56 1.97 4.21 1.10 4.50 1.17 2.0019 0.52   -3.95%   -27.62% 30-Jun-2011 2.45 32.41 58.19 1.22 1.72% 1.84% 25-Jul-2011 2.62 34.66 62.23 1.31 1.61% 1.72%
31-Dec-2011 28-Apr-2011 31-Mar-2011 1 27,248 16,487 16,487 16,487 15,773 751,867 95.67% 60.51% 2.19% 375,558 7.26 1.89 4.39 1.14 4.20 1.09 2.0020 0.52   -59.73%   15.55% 31-Mar-2011 2.33 32.11 53.08 1.16 1.88% 1.80% 28-Apr-2011 2.36 32.53 53.76 1.18 1.86% 1.78%
31-Dec-2010 17-Jan-2011 31-Dec-2010 4 26,593 40,993 40,941 40,941 16,165 755,321 39.49% 153.95% 5.42% 375,950 7.07 1.84 10.89 2.84 4.30 1.12 2.0091 0.52   68.75%   42.32% 30-Dec-2010 2.37 33.51 21.76 1.18 4.59% 1.81% 17-Jan-2011 2.38 33.65 21.85 1.18 4.58% 1.81%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.


NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ Δ & YoY Δ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.


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ragesliew Yes
09/02/2020 5:30 PM
Dakewlest Thanks ragesliew
10/02/2020 8:24 AM
tokohM AXREIT still has expansion plan in the pipeline, i think this is the reason why insitutional investor like this REIT
14/02/2020 11:03 AM
RainT that LEONG KIT MAY very agreesive

lets see she can deliver result or not
18/02/2020 4:37 PM
shazza Appreciate some insights on the IDRP, i read the document a few times but cannot get a good understanding. Say I have 9000 units so total offer is 88 units. Seems like no point to take up the offer? Odd lot and too little?
18/02/2020 5:40 PM
shazza I asked my agent but of not help just regurgitate the information in the form. Can someone help advice. Dateline drawing near.tqsm
19/02/2020 5:17 PM
newbie2y @shazza, because the dividend is 1.1sen, the total dividend you are entitled as at exdate will be total units x 0.011; then the offer of IDRP is the amount divide by $1.67, u will get the total units u are entitled. There is another option for you to opt for half of it. On regards whether or not you should take it or take cash, this is entirely upto you, if you are a long-term holder, u may take it as the price is much lower than current market price, long term holders wont bother about odd lots as next year there could be another round (as prev years there was another round); if you are not so-long term, then you can take cash, then you do not need to send in the forms. Cheers :)
19/02/2020 7:21 PM
AllanTingAS If you wish to take up iDRP. You should apply 80 shares and balance of the 8 shares, they will remit the money into your account.
20/02/2020 10:10 PM
Bursa1199 May I know What is IDRP?
21/02/2020 3:23 PM
newbie2y Bursa1199, IDRP is the Axreit's Dividend Reinvestment Plan, they will utilise the dividend you entitled to purchase more units at a specified price (1.67 in this case), or alternatively you may ignore the plan to take cash.
26/02/2020 3:44 PM
sg999 NEW HIGH!!!!
05/03/2020 11:53 PM
moven00 Kuat hoh...kita kasi dia Turun
13/03/2020 7:31 AM
Nepo finally Axreit also falls, dont think it is so specific that it can withstand from this recession..
18/03/2020 9:27 AM
James Ng https://klse.i3investor.com/blogs/general/2020-03-21-story-h1485581769.jsp
[转贴] [Facebook live video:浅谈Axis Real estate investment trust (AxReit)] - James的股票投资James Share Investing
21/03/2020 9:59 PM
freedomfund Something is very wrong with this counter. Every other counter drop sharply, including REiTs but this AxREiT is holding steady. OPR rate may have dropped but it is far outweighed by the general meltdown. In deep recessions, industrial tenants also can default on rentals, meaning dividends can drop.
I sold all my long-held holdings yday before the big boys like EPF or KWSP start unloading when they too realise that the current price is way above the NTA of 1.45
Better to cash out before this counter drop like a stone. Can always buy back later. Downside is far more than upside now.
21/03/2020 11:37 PM
moven00 Eh Kuat ye. Kita tunggu dia dibelasah. Market beruang siapa pun tak lepas.
22/03/2020 7:33 AM
sengtan ya i also doesnt understand this counter why gone up ? perhaps due to storage in demad ?? or some fund trying to prop it up ? I sold it long time at 1.86
23/03/2020 11:40 AM
giorvana KWAP buying. There hasn't been much substantial change to its share price, indicating its position as safe haven as REIT, bolstered by strong management, resilient asset portfolio as it consists mostly of warehouse and logistic instead of retail and hospitality which are being hit hard.
30/03/2020 11:30 PM
sianglong91 This reit have giant tenures, additionally most of them are essential industry, sure ah kuat.
The share confirmed 5% annual return, not a bad reit I guess??
11/04/2020 12:59 AM
newbie2y steady q1! thumbs!
20/05/2020 8:54 PM
RocketRider What happen to Axreit today?
29/05/2020 2:54 PM
Peace99 My respect to this counter! Today almost if my counters red, except this, Vsolar, hsl, mtouche!
15/06/2020 2:47 PM
Peace99 Typo:almost all
15/06/2020 2:48 PM
Kenny Chua Axis’s portfolio has increased by 2 to a total of 50 properties. More than 50% of Axis’s tenants are still operating during MCO; the warehouse logistics are fully operating as well as hypermarkets. Overall, Axis remains relatively stable and defensive amid the Covid-19 outbreak and MCO given their well-diversified portfolio (focusing on industrial properties, with considerable tenants offering essential services). There are 17.7% of total NLA expiring in FY20 and we expect a flattish rental reversion amid Covid 19 outbreak and MCO. We expect a better FY20 due to full year contribution from acquisition in FY19 as well as new contribution from newly acquired properties. We increase our earnings slightly by 0.4% for FY20 and 0.5% for FY21-22 to reflect contribution from newly acquired properties. We maintain BUY with marginally higher TP of RM2.47 (from TP: RM2.46).

We organized a conference call with management; the following are some of the key takeaways.

Portfolio. Portfolio size increased by 2 to a total of 50 properties. The 2 additional properties came from completed acquisition in Bukit Raja (from Lion Steelworks Sdn. Bhd.) on 17th Mar 2020 and acquisition in Kawasan Perindustrian Nilai II (from K Plastics Industries Sdn. Bhd.) on 28th Feb 2020.

Some tenants still operating during MCO. More than 50% of Axis’s tenants are still operating during the Movement Control Order (MCO); the warehouse logistics are fully operating as well as hypermarkets. Besides, 20% of manufacturing facilities are also still in operations (see Figure #1 for portfolio breakdown). Overall, Axis remains relatively more stable and defensive amid the Covid-19 outbreak and MCO given their well-diversified portfolio (focusing on industrial properties, with considerable tenants offering essential services). Furthermore, there are 150 tenants (out of 154 tenants) that do not have a force majeure clause; hence, Covid-19 and MCO should not have material impact to Axis’ bottom-line. Management shared that the most they can do as landlords to help their tenants is potential rental deferment. In any case, Axis believes that they are able to collect any outstanding rental before August’s dividend payout. As consequence, there is unlikely to be an impact for unitholders during this time.

Flattish rental reversion is expected. There are 17.7% of total net lettable areas (NLA) of portfolio are expiring in FY20 (See Figure #3). Management expects that it will be a flattish rental reversion this year amid Covid-19 and MCO. To compare with FY19, 22.4% of total NLA expired and Axis managed to successfully secured 96% leases with 2% positive rental reversion. As for retention, this should not be an issue as tenants are likely to maintain status quo and keep operations at the same location.

Dividend distribution to remain as usual. Management assured that they will maintain their dividend distribution policy of a least 95% of dividend payout ratio for 1st

to 3rd quarter while at least 99% of payout ratio for 4th quarter. This is in line with REIT policy of distribution of earnings of more than 95% to enjoy tax-free benefits.

Pipeline assets. There are 2 more pipeline assets from FY19 that have not been acquired yet (targeting to do so by 1H20): (i) 1 manufacturing facility in Shah Alam, Selangor (c.RM56m) and (ii) 1 manufacturing facility in Kota Kinabalu, Sabah (c. RM60m). Besides, Axis REIT is evaluating other assets to acquire, with an estimated total value of RM135m. Their acquisition plan is still ongoing amidst MCO but may be delayed as they cannot go onsite to do due diligence.

Outlook. We expect a better FY20 due to full year contribution from acquisition in FY19 as well as new contribution from newly acquired properties (acquisition of Bukit Raja and Kawasan Perindustian Nilai II), coupled with (hopefully) a post Covid-19 recovery. Axis REIT is still actively pursuing quality acquisitions with focus on Grade A logistics and manufacturing facilities as prime focus.

Forecast. We increase earnings marginally by 0.4% for FY20 and 0.5% for FY21-22 to reflect contribution from newly acquired properties of Bukit Raja and Kawasan Perindustian Nilai II.

Maintain BUY, TP: RM2.47. We maintain BUY with marginally higher TP of RM2.47 (from TP: RM2.46) to reflect contribution of newly acquired properties. To note, our valuation is derived from 1SD below 2-year historical average yield spread between Axis REIT and 10-year MGS yield in view of increased popularity in industrial properties, high occupant tenancy in its diversified portfolio and is also one of the few Shariah compliant REITs.
15/06/2020 3:22 PM
Peace99 Thanks for the good report! Plan to hold long term.
16/06/2020 3:55 PM
hellbender yeah just bought asap when OPR dropped. hedge against low interest environment. Is it me or i feel the economy is going to tank 2Q 2020 results will be bad for most businesses.
08/07/2020 11:42 AM
GTdyno Why suddenly drop so much?
15/07/2020 2:12 PM
TheEdgeMarkets Post removed. Why?
20/07/2020 3:35 PM
remus who is dumping ? EPF keep collecting ....
22/07/2020 12:43 PM
zen_2k Ppl buy to replace FD?... rates even competent vs EPF... the more people think markets are unstable, the more keen they are into investing in less riskier portfolios like REITS, and AXREIT happens to be one of the REITs who are in industrial properties, compared to the hit by Covid-19 hospitality and office REITs and is still aggresively making acquisitions, its not everyday u can see a "growth"-style REIT
05/08/2020 3:35 PM
newbie2y as usual, steady even MCO!
26/08/2020 9:03 PM
zen_2k https://www.theedgemarkets.com/article/axis-reit-buys-shah-alam-warehouse-rm95m

actively expanding ^^
27/08/2020 7:29 PM
investfuture 大马产托龙头Axreit(5106.KLSE)季报出炉,Revenue & NPI上升,可是DPU下滑目,前仍在快速发展中,不断收购产业,详情请看:

中文:
https://vitamincash.com.my/zh_CN/2020/08/29/axreit-2q2020-quarter-report-analysis/

english:
https://vitamincash.com.my/en_US/2020/08/29/axreit-2q2020-quarter-report-analysis/
29/08/2020 12:27 PM
Peace99 Just want to repeat my 3month old comment: My respect to this counter! It is one of the few green counters in my portfolio today.
10/09/2020 11:35 AM
Sami_Value retirees , if BN continue to cut OPR, put your FD money into this REIT

Axis REIT the only REIT showing defensive & growth characteristic with devidend yield play..
10/09/2020 3:21 PM
OldWiseMan100 Post removed. Why?
17/09/2020 5:35 PM
Peace99 Axis Reit, can go back to green even today?
21/09/2020 9:42 AM
Peace99 ok, today so far one of my few counters not green yet....pretty sure will be green soon :)
22/09/2020 11:21 AM
kens88 I first time receive reit income distribution. Why is it a bit less than the amount declared?

Is the reit auto deduct for the tax so that we don't have to declare twice?
02/10/2020 12:35 PM
newbie2y kens88, out of the 2.15sen, 1.64 is taxable, 0.51 is non-taxable; for the taxable portion, we only get 90% of it as 10% is taxed.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3081676&corporate_action=1
02/10/2020 10:30 PM
kens88 Thanks. Since it is already taxed, do we still need to declare in income tax?
04/10/2020 11:46 AM
DreamCustodian Down 0.92%
04/10/2020 12:35 PM
DreamCustodian Sikit saja la
04/10/2020 12:35 PM
DreamCustodian But better start improving sikit also la
04/10/2020 12:35 PM
DreamCustodian Good luck
04/10/2020 12:35 PM
newbie2y kens88, no need :)
05/10/2020 5:25 PM
kens88 Thanks for the info
05/10/2020 8:22 PM
karimboss Over price with peanut dividend
06/10/2020 5:04 PM
newbie2y another wonderful quarter!
21/10/2020 5:34 PM
investfuture Axreit (5106.KLSE) 3Q2020 quarter report analysis

chinese
https://vitamincash.com.my/zh_CN/2020/10/23/axreit-3q2020-quater-report-analysis/

English:
https://vitamincash.com.my/en_US/2020/10/23/axreit-3q2020-quater-report-analysis/
23/10/2020 9:33 PM