Chong Kheng's comment on YTLREIT. All Comments
Chong Kheng
3 Like · Reply
50% reduction in rental for 2 years. Dividend much lower for next 2 years. However, mid term hold for 3 to 5 year will be lucrative
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4 years · translate ·
Victor Yong
agreed. actually the lessee was ytlcorp. surely payback to ytlreits, also its subsidiary
Like · 4 years · translate
Kent T10
YTL Corp is the subsidiary, or YTL reit is the subsidiary?
Like · 4 years · translate
Victor Yong
ytl REIts is the subsidiary
Like · 4 years · translate
Daniel Tan Tiak Kuen
I do not see any announcement saying 50% reduction in rental
1 Like · 4 years · translate
Loke Shu Teng
Where and when did it say 50% reduction in rental for 2 years???
Like · 4 years · translate
Man Houw Lum
you can find the announcement in quarterly reports
Like · 4 years · translate
Loke Shu Teng
I just read the quarterly report and it says the dividend distribution remains at 90%. The only changes is that the distribution changed from 4 times a year to 2 times a year.

You can refer to this in Page 30.
Like · 4 years · translate
Patrick Ling
but 90% of a much reduced profit wont amount to very much. Abt 2% in the coming 1 0r 2 years. But dps will spike in 2023 to make up the difference.
Like · 4 years · translate
Loke Shu Teng
Yes, we expect dividend to be lower in the next few years to due lower profit. Which is why share price dropped from RM1.20 to RM0.70. However, should things get back to normal by 2023, then we can expect dividend to be 8sen and price back to RM1.20 - which is what it was previously.
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Like · 4 years · translate
Loke Shu Teng
And if what I predict above is correct, then we will be sitting with a 50% capital gain and an annual yield of more than 10%.
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