Lee101 
15 posts |  Posted by Lee101 > Feb 5, 2021 12:04 PM | Report Abuse
IOI Properties will release its quarterly results this month. Market is expecting positive results and great project news. Given IOI Corp has been actively embarking on diversifying its businesses, it is reasonable to assume IOI Properties will also follow the same trend. |
Lee101
15 posts | Posted by Lee101 > Feb 5, 2021 7:21 PM | Report Abuse The company's Vice Chairman who is also a majority shareholder bought another Rm6.8 million shares yesterday. He has spent about Rm63 million in the past 9 weeks buying the company shares in his own name. I can't wait to find out great news from the company!! |
ivanlau
805 posts | Posted by ivanlau > Feb 6, 2021 11:26 AM | Report Abuse today closing 1.50, mark my wording " overvalue stock at current price , it will drop to rm 1 in year 2021 " ..... |
Vin_vin
10 posts | Posted by Vin_vin > Feb 7, 2021 1:56 PM | Report Abuse Bro , Nta 3.42 u say overvalued? |
Lee101
15 posts | Posted by Lee101 > Feb 8, 2021 8:01 PM | Report Abuse The company's Vice Chairman bought another Rm7.6 million shares last Friday. He has spent more than Rm70 million in the past 9 weeks buying the company shares in his own name. Can't wait for the great news to be announced! |
Val-Elta
597 posts | Posted by Val-Elta > Feb 9, 2021 10:38 AM | Report Abuse personally, i don't think there's gonna too much good news to be announced.. at least not so soon, you're talking about ultra high net worth individual, 70million is like spare change to him, even if the share price drop 10, 20 percent from his purchase price, really no rasa to him one...
Even if you look at FY 2017, their EPS is 18.42 cents
The FY2017 is due to earnings from projects launched in 2013-2015.. which is still in the peak/just after peak of property bull run....
If their peak of bullrun, EPS is 18.42 cent, even in a best case scenario they can sustain their 3.49 cents EPS, for 4 quarters, it's still an EPS of 13 cents.. which is about fairly valued at 12x EPS for current price range.
His risk profile and your risk profile also very different.... you will cut loss if it drops 10%, he has infinite pocket to keep buying more. |
Val-Elta
597 posts | Posted by Val-Elta > Feb 9, 2021 10:44 AM | Report Abuse why buy IOIPG for an estimated(realistic) EPS of 10-13 cents for this FY, when there're others better Price/EPS ratio, Price/NAPS, Price/NetCashPerShares property counters.... |
Val-Elta
597 posts | Posted by Val-Elta > Feb 9, 2021 10:46 AM | Report Abuse IOIPG themselves have guided that their china property sales is likely to moderate, and the previous QR result is most likely a one off event, due to the chinese in PRC, just open MCO and buy a lot.... |
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Val-Elta
597 posts | Posted by Val-Elta > Feb 9, 2021 11:20 AM | Report Abuse Having said that, we'll only know upon release of Q result, for those who've already invested, even if current EPS is not overperforming, or even if it's underperforming, if ur holding power is long enough, 1.60 average price can be super cheap in 3 years time also... who knows..
It really depends on your investment objective/time frame risk acceptance... |
Newbn00b
313 posts | Posted by Newbn00b > Feb 9, 2021 5:07 PM | Report Abuse Hope the wait won't be too long. My average price is 1.5 |
Lee101
15 posts | Posted by Lee101 > Feb 9, 2021 8:17 PM | Report Abuse Vice Chairman bought another Rm30 million shares yesterday. Total investment over Rm100 million in the past 9 weeks. |
Lee101
15 posts | Posted by Lee101 > Feb 9, 2021 8:24 PM | Report Abuse This is a solid company with a great management team. They are presented with all sorts of great business opportunities to diversify their business all day everyday as seen in their responses to Bursa recently. I am holding on to my shares and wait to find out the next Big thing from this company. |
Newbn00b
313 posts | Posted by Newbn00b > Feb 10, 2021 12:01 PM | Report Abuse Ouch.. Looks like going to fall back to 1.27? |
In_Sight
21 posts | Posted by In_Sight > Feb 10, 2021 10:17 PM | Report Abuse No matter how rich your are. I believe you will not spend 100million just for fun. Especially when you are already controlling 65% of the company. Something is very likely brewing. |
Newbn00b
313 posts | Posted by Newbn00b > Feb 10, 2021 10:33 PM | Report Abuse I really hope so. Mr. Lee does not spend 100 million just to trap ikan bilis like me. |
chanph
716 posts | Posted by chanph > Feb 13, 2021 8:17 AM | Report Abuse Remember EPF and the Lee family had been constantly purchase and buy back shares respectively since 2 to 3 years back... |
Newbn00b
313 posts | Posted by Newbn00b > Feb 18, 2021 5:09 PM | Report Abuse Mr. Lee buying spree is over. Trapped like a crab now |
