Latest news with #UEMSunriseBerhad
Malaysiakini
28-05-2025
- Business
- Malaysiakini
UEM Sunrise unveils name of landmark Subiaco East Development as registrations open
UEM Sunrise Berhad ('UEM Sunrise' or the 'Company') has revealed the name of its flagship project in Subiaco East, with One Oval marking a key step forward in the transformation of the historic Subiaco Oval precinct. The announcement coincides with the opening of early registrations for those interested in purchasing apartments in what will be the first residential project to proceed under the Western Australia Government's Subiaco East Masterplan. This development is a key component of the Subiaco East Masterplan by DevelopmentWA, the Western Australia State Government's central land and development agency, which aims to rejuvenate 35 hectares of land surrounding Subiaco Oval. The masterplan envisions creating a vibrant, inner-city village that respects the area's rich heritage while introducing new residential, commercial and public spaces to meet the needs of a growing population. Established in 1908, Subiaco Oval was a historic sports stadium and was the premier venue of Western Australia's major football and rugby matches, as well as concerts. The stadium was demolished in 2019, with the playing surface preserved as a public park. One Oval will include two distinctive residential buildings with dynamic tiered heights of 36 and 26 storeys on Lot 1, and 11 storeys on Lot 2. In total, the project will deliver 342 residential units, with a mix of 1, 2 and 3-bedroom options, 400sqm of retail at ground level and a strong focus on wellness amenity and community connection. Construction is expected to commence next year, with completion of Lot 2 expected in the first quarter of 2029, and Lot 1 expected later that year. UEM Sunrise Officer in Charge and Chief Financial Officer, Hafizuddin Sulaiman says the name One Oval reflects both the site's legacy and its future as a new destination for Subiaco. 'We are proud to unveil One Oval as the name for our first project in Western Australia. This location holds deep sporting and cultural significance, and we see this as an opportunity to create something truly special that speaks to both history and the future,' "One Oval offers premium residences that are thoughtfully curated and innovatively designed, fostering inclusivity where residents will be able to enjoy elevated parkside living in one of Australia's most coveted suburbs,' said Hafizuddin. Over 70% of the development comprises of generously-sized two and three bedroom residences, featuring elements of inter-generational living and lifestyle offerings aligning with contemporary living. Beyond housing, One Oval will bring lasting benefits to the community. Plans include delivering infrastructure to support community events at the Heritage Gates park and the open space within the development adjoining the oval, as well as providing art activation and storage facilities at the oval for local football clubs. The project website is now live at offering early registrants access to project details, imagery, and updates as the development progresses. This content is provided by UEM Sunrise The views expressed here are those of the author/contributor and do not necessarily represent the views of Malaysiakini. Interested in having your press releases, exclusive interviews, or branded content articles on Malaysiakini? For more information, contact [email protected] or [email protected]
Yahoo
28-02-2025
- Business
- Yahoo
UEM Sunrise Berhad (KLSE:UEMS) Will Pay A Larger Dividend Than Last Year At MYR0.0124
The board of UEM Sunrise Berhad (KLSE:UEMS) has announced that the dividend on 19th of May will be increased to MYR0.0124, which will be 65% higher than last year's payment of MYR0.0075 which covered the same period. This takes the annual payment to 1.3% of the current stock price, which unfortunately is below what the industry is paying. Check out our latest analysis for UEM Sunrise Berhad If it is predictable over a long period, even low dividend yields can be attractive. The last dividend was quite easily covered by UEM Sunrise Berhad's earnings. This indicates that quite a large proportion of earnings is being invested back into the business. Looking forward, earnings per share is forecast to rise by 45.5% over the next year. Assuming the dividend continues along recent trends, we think the payout ratio could be 36% by next year, which is in a pretty sustainable range. While the company has been paying a dividend for a long time, it has cut the dividend at least once in the last 10 years. Since 2015, the annual payment back then was MYR0.04, compared to the most recent full-year payment of MYR0.0124. This works out to a decline of approximately 69% over that time. A company that decreases its dividend over time generally isn't what we are looking for. Dividends have been going in the wrong direction, so we definitely want to see a different trend in the earnings per share. Over the past five years, it looks as though UEM Sunrise Berhad's EPS has declined at around 16% a year. This steep decline can indicate that the business is going through a tough time, which could constrain its ability to pay a larger dividend each year in the future. Over the next year, however, earnings are actually predicted to rise, but we would still be cautious until a track record of earnings growth can be built. Overall, this is probably not a great income stock, even though the dividend is being raised at the moment. In the past, the payments have been unstable, but over the short term the dividend could be reliable, with the company generating enough cash to cover it. This company is not in the top tier of income providing stocks. Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. Meanwhile, despite the importance of dividend payments, they are not the only factors our readers should know when assessing a company. Without at least some growth in earnings per share over time, the dividend will eventually come under pressure either from competition or inflation. Very few businesses see earnings consistently shrink year after year in perpetuity though, and so it might be worth seeing what the 7 analysts we track are forecasting for the future. If you are a dividend investor, you might also want to look at our curated list of high yield dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
13-02-2025
- Business
- Yahoo
Is UEM Sunrise Berhad (KLSE:UEMS) Potentially Undervalued?
While UEM Sunrise Berhad (KLSE:UEMS) might not have the largest market cap around , it received a lot of attention from a substantial price movement on the KLSE over the last few months, increasing to RM1.17 at one point, and dropping to the lows of RM0.93. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether UEM Sunrise Berhad's current trading price of RM0.94 reflective of the actual value of the small-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let's take a look at UEM Sunrise Berhad's outlook and value based on the most recent financial data to see if there are any catalysts for a price change. Check out our latest analysis for UEM Sunrise Berhad UEM Sunrise Berhad is currently expensive based on our price multiple model, where we look at the company's price-to-earnings ratio in comparison to the industry average. In this instance, we've used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock's cash flows. We find that UEM Sunrise Berhad's ratio of 63.6x is above its peer average of 11.75x, which suggests the stock is trading at a higher price compared to the Real Estate industry. In addition to this, it seems like UEM Sunrise Berhad's share price is quite stable, which could mean two things: firstly, it may take the share price a while to fall back down to an attractive buying range, and secondly, there may be less chances to buy low in the future once it reaches that value. This is because the stock is less volatile than the wider market given its low beta. Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Although value investors would argue that it's the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. UEM Sunrise Berhad's earnings over the next few years are expected to increase by 43%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value. Are you a shareholder? It seems like the market has well and truly priced in UEMS's positive outlook, with shares trading above industry price multiples. However, this brings up another question – is now the right time to sell? If you believe UEMS should trade below its current price, selling high and buying it back up again when its price falls towards the industry PE ratio can be profitable. But before you make this decision, take a look at whether its fundamentals have changed. Are you a potential investor? If you've been keeping an eye on UEMS for a while, now may not be the best time to enter into the stock. The price has surpassed its industry peers, which means it is likely that there is no more upside from mispricing. However, the positive outlook is encouraging for UEMS, which means it's worth diving deeper into other factors in order to take advantage of the next price drop. If you'd like to know more about UEM Sunrise Berhad as a business, it's important to be aware of any risks it's facing. While conducting our analysis, we found that UEM Sunrise Berhad has 1 warning sign and it would be unwise to ignore it. If you are no longer interested in UEM Sunrise Berhad, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
