Highlights
KLSE: IREKA (8834)       IREKA CORP BHD MAIN : Construction
Last Price Today's Change   Day's Range   Trading Volume
0.53   0.00 (0.00%)  0.00 - 0.00  0
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Overview

Market Cap: 99 Million
NOSH: 186 Million
Avg Volume (4 weeks):23,018
4 Weeks Range:0.52 - 0.63
4 Weeks Price Volatility (%):
84.13%
52 Weeks Range:0.46 - 0.715
52 Weeks Price Volatility (%):
74.13%
Average Price Target: 0.79
Price Target Upside/Downside: +0.26

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2018 [#2]  |  29-Nov-2018
Next QR | Est. Ann. Date: 31-Dec-2018  |  28-Feb-2019
T4Q P/E | EY: 98,680.95  |  0.00%
T4Q DY | Payout %: 0.04%  |  3,600.90%
T4Q NAPS | P/NAPS: 0.85  |  0.62
T4Q NP Margin | ROE: -0.04%  |  0.00%

Headlines

Date Subject
27-Apr-2018 PublicInvest Research Headlines - 27 Apr 2018
27-Apr-2018 Mplus Market Pulse - 27 Apr 2018
16-Apr-2018 Mplus Market Pulse - 16 Apr 2018
10-Apr-2018 Mplus Market Pulse - 10 Apr 2018

Business Background

Ireka Corp Bhd is an investment holding company. The group is organized into five reportable business: Construction, Property Development, Trading and Services, Property Investment and Investment Holding. The core business of the company is in Infrastructure, Real Estate, and Technologies. The company undertakes civil engineering works such as earthworks, road, bridges and interchanges, runway, public utilities, golf courses, drainage works and tin mine works. Majority of the company's revenue is derived from Malaysia.
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  4 people like this.
 
investor001 About Ireka Corporation Berhad:
Ireka Corporation Berhad (‘Ireka’) www.ireka.com.my was founded in 1967. Ireka was listed on the Second Board of Bursa Malaysia on 12 July 1993, and transferred to the Main Board (now known as Main Market) on 13 June 2002. Currently, the Group’s activities are divided into three core businesses; namely Infrastructure, Real Estate, and Technologies. In its over five decades of operation in the Infrastructure business, Ireka has distinguished itself by its involvement in constructing some of the country's most notable projects; such as the MRT V7 rail line, the Kuala Lumpur International Airport runway, Kuala Lumpur Middle-Ring Road II, North-South Expressway, Putrajaya Government Administrative Offices, DiGi Corporate Office (D’House), Technology Park Malaysia, The Westin Kuala Lumpur, OCBC Head Office and Wisma AIG. For more information, please visit www.ireka.com.my

About CRRC Group & CRRC UT:
CRRC Group is the world’s largest manufacturer of rolling stock and rail related products and systems. CRRC Urban Traffic, being a member of the CRRC Group, is a leading player in providing investments, engineering technology and construction solutions in the rail and urban transportation sectors. For more information, please visit http://www.crrcsh.cc

About STO Express:
STO is China’s leading integrated logistics services company, focusing on express delivery of municipal, inter-provincial and international courier items. STO presently operates its business internationally in countries including China, Korea, United States, Australia, United Kingdom and Japan. STO is listed on the Shenzhen Stock Exchange.
For more information, please visit http://www.sto.cn/
24/01/2018 20:29
powerak Normal new...Also Nid suspend..zzz
24/01/2018 22:47
dompeilee SOLD 62% of my Ireka trapped for 2 1/2 yrs @ a cost of 65.45c....at prices from 79.5c - 80c this morning :D
25/01/2018 09:07
noobbie i personally believe this ctr can go back to RM1 soon..
25/01/2018 09:20
ChampionCw Noobie i agree. Ireka and CCC will make you huat. All in
25/01/2018 10:09
ChampionCw 76 sen and WA 17 sen is beautiful All In
25/01/2018 10:09
firehawk Is wise for mr. lai to push it above rm1, so the wa holders will do the conversion. This will bring in 57m. He has one and a half yr to do so ....

In 2Q16 report, 28m was received from ASEANA (selling Aloft Hotel @KL central), according to resolution of egm, this proceeds should be distributed to share holders, almost 2 yrs ... he didn't do it .....
25/01/2018 10:35
Orange88 Ireka is cumming hail chairman Mao 18 sen is good
25/01/2018 13:23
ChampionCw Yap Wai Loon are u still in Sabah ?
26/01/2018 08:50
Embrace Belief Buy BEFORE news... again many fooled by insider who.bought early than news breakout
26/01/2018 12:07
Williamtaychunkit IREKA 这一只股2018年会很靓丽。
累积票,很多时候都是趁着没有动静/吵闹的气氛累积。
27/01/2018 06:41
freetoinvest2 Orange, what is Ireka WB target price ?
27/01/2018 19:40
tunismail Yeah i noticed everything Orange88 mentioned turn to go. Ireka or Ireka WB better Orange 88 ?
27/01/2018 21:01
kimmytan CCC is bidding for MRT 3. CCC is building ERL and many more. CCC is a global stock. CCC is Ireka partner now
28/01/2018 09:55
kimmytan I meant CRRC
28/01/2018 09:56
Championmbsbnsimecw I am joining in
28/01/2018 12:52
christophertopher IREKA 未来很美好!
28/01/2018 15:07
Albukhary Ireka wont bring wealth to its shareholder one.. Dont like their management style.
28/01/2018 15:22
Williamtaychunkit CCC will add and buy more Ireka share in 2018, so when CCC dah CUKUP MAKAN, Ireka will turn GREEN LIGHT to RM1.00-RM1.50.
29/01/2018 20:25
kimmytan Stock in free fall . When will Orange return from holiday ?
30/01/2018 09:52
kimmytan Haha never mind pick up cheap cheap TQ Ireka hahaha
30/01/2018 09:58
dompeilee Luckily I SOLD @ 79.38c average the other day :)
30/01/2018 10:27
Williamtaychunkit Dompeilee,记住你说的话。

"Luckily I SOLD @79.38 c average the other day :)"

不久后,你就会改口。
30/01/2018 18:18
firehawk Albukhary, the pro is, he makes price appreciates quite substially, this make share holders feek a bit comfortable :-)
02/02/2018 10:03
dompeilee If I will 改口 soon, why is no one shopping greedily for the shares @ 72-73c??? lol
05/02/2018 09:10
dompeilee 68.5c low! 死 liao...
06/02/2018 09:36
slee 之前卖在0.8, 现在差不多回到我要买的价位了。。。买
23/02/2018 17:34
slee Good report announced
28/02/2018 18:22
investor001 中国中车撑腰
毅成-WB明年(2018年)有看头/温世麟

2017年12月10日

毅成(IREKA,8834,主板建筑股)在上周一宣布,中国中车集团旗下中车城市交通(欧洲)有限公司,将通过私下配售成为持有公司股权8.5%的大股东之一。

该公司母股在消息出炉后稳步上涨,最高在上周四升至68仙。不过,该股在上周五调整至65仙结束上周交易。该公司凭单毅成WB(IREKA-WB)则以12.5仙收市。

中国中车是是全球规模最大、品种最全、技术领先的轨道交通装备供应商。

2019财年料唱丰收

该集团也是财富全球500强企业。这次入股毅成并和后者组织联营公司,是要在本区域交通基建项目分一杯羹。

毅成在11月底宣布的2018财年首半年(截至2017年9月30日),营业额增长15%至1亿4348万令吉,并获得401万令吉的净利。

毅成的盈利很受旗下英国上市的联号公司ASEANA产业影响。

ASEANA产业旗下如玛酒店(The Ruma)预料在2018年次季开张营业,这将为ASEANA产业带来过亿令吉的盈利,同时,直接持有如玛酒店30%的毅成,将在2019财年大唱丰收。

母股潜力不容小觑

毅成WB目前的估价虽高,但其母股在未来一年的上升潜力不容忽视。

有了中车集团这样的大股东在背后撑腰,毅成有望参与我国基建建筑项目如东海岸铁路以及隆新高铁,该公司凭单也就有望成为马股未来一年的黑马。

http://www.enanyang.my/news/20171210/%e4%b8%ad%e5%9b%bd%e4%b8%ad%e8%bd%a6%e6%92%91%e8%85%b0br-%e6%af%85%e6%88%90-wb%e6%98%8e%e5%b9%b4%e6%9c%89%e7%9c%8b%e5%a4%b4%e6%b8%a9%e4%b8%96%e9%ba%9f/


Latest QR report: On the property development front, construction of The RuMa Hotel and Residences, KLCC ( "The RuMa") which is 70% owned by ASPL and 30% by the company, is expected to complete in April 2018. ASPL adopted IFRIC 15- Agreements for Construction of Real Estate, which prescribes that revenue and profit be recognised only when the properties are completed and occupancy permits are issued. Hence, we expect the RuMa to contribute positively to the results of the Group in the next financial year.

(Starting from April 2018 RM100m+ profits will be gradually flowing in.)


伦敦Aseana售马越资产

赖玟妃指出,毅成持股23%的伦敦上市公司Aseana产业,计划逐步脱售马越估值高达1.8亿美元(7.07亿令吉)的资产,有可能会派发特别股息。

她说,毅成不会再加码投资Aseanna产业,后者也正逐步脱售在大马和越南的资产。所有资产套现后,会考虑派发特别股息。

http://www.enanyang.my/news/20180125/%e5%81%95%e4%b8%ad%e8%bd%a6%e5%9f%8e%e4%ba%a4%e4%b8%8e%e7%94%b3%e9%80%9a%e5%bf%ab%e9%80%92br-%e6%af%85%e6%88%90%e8%ae%be%e7%89%a9%e6%b5%81%e6%9e%a2%e7%ba%bd%e6%94%bb%e4%b8%9c%e7%9b%9f/

(Aseana will bring in another RM100m+ profits as the company successfully divest its portfolio of assets)

The market cap of IREKA is RM129m. The profits from these 2 sources already exceed its market cap. The only way to reflect its true value is share price going up.

Almost sure win for long term investment.
08/03/2018 03:40
firehawk a deliberately designed game by major holders against small holders .... game already been started 5 yrs ago ... and going on .....
09/03/2018 15:56
investor001 The share price above RM1 is just a matter of time.
10/03/2018 02:15
firehawk Now she said, she wants to wait for ASEANA sell all the assets, only Ireka will pay the special dividend.

The first question is, why Ireka hv to wait for ASEANA to sell all assets? ASEANA doesn't keep the proceeds until all the assets are sold! why Ireka has to do so?

While waiting, Ireka issue new shares, this will dilute the dividend.

ASEANA wouldn't be completed selling all the assets, even by the end of 2019. Let's see whether she announces it after 2019. If she announces it early than Jun.19, she is actually make use of the dividend as a tool to manipulate the share price!
12/03/2018 15:50
investor001 温世麟凭单专栏:ASEANA产业旗下如玛酒店(The Ruma)预料在2018年次季开张营业,这将为ASEANA产业带来过亿令吉的盈利,同时,直接持有如玛酒店30%的毅成,将在2019财年大唱丰收。

Latest QR report: On the property development front, construction of The RuMa Hotel and Residences, KLCC ( "The RuMa") which is 70% owned by ASPL and 30% by the company, is expected to complete in April 2018. ASPL adopted IFRIC 15- Agreements for Construction of Real Estate, which prescribes that revenue and profit be recognised only when the properties are completed and occupancy permits are issued. Hence, we expect the RuMa to contribute positively to the results of the Group in the next financial year.

April is fast approaching. Something good is coming soon.
27/03/2018 01:49
dompeilee dompeilee Luckily I SOLD @ 79.38c average the other day :)
30/01/2018 10:27


Nasib baiiiikkkk ku cepat cabut...no need $$$ stuck for months lol
05/04/2018 15:13
Jordan Khoo Sunami!!
05/04/2018 15:44
Jasper Coo MOU signed today
05/04/2018 17:46
investor001 It still will break through RM1 sooner or later. The reasons are very obvious. Do your own work.
06/04/2018 02:07
investor001 Ireka, Japan's Hankyu Hanshin in RM400m property project in Nilai

KUALA LUMPUR: Ireka Corporation Bhd is teaming up with Japan's Hankyu Hanshin Properties Corp to undertake the Rimbun Kasia property development in Nilai with a GDV of over RM400mil.

Ireka said on Monday it had entered into agreements with Osaka-based Hankyu Hanshin – a unit of Hankyu Hanshin Holdings, Inc. Ireka will hold a 55% stake in the JV company Meadowfield Sdn Bhd while Hankyu Hanshin will hold the other 45%.

The Rimbun Kasia development is a new residential enclave covering five parcels of a residential project, and one parcel of commercial project, over a 30.56-acre piece of land located in the town of Nilai.

Initially, the JV will develop the Dwi@Rimbun Kasia project, consisting of 382 residential units in a nine-storey block, and another parcel of land which will have 465 residential units in two blocks of 29 and 19-storeys.

“These projects will have a combined GDV of over RM400mil. The remaining land parcels at Rimbun Kasia shall be developed by Meadowfield at subsequent stages following the launch of the first two developments.

“These properties will be developed under the ZenZ brand, the sister brand to Ireka’s iconic i-ZEN brand, and also leveraging off Hankyu Hanshin’s highly successful Geo brand of properties,” it said.

Ireka group managing director, Datuk Lai Voon Hon stated: “I look forward to the joint venture with Hankyu Hanshin because it will enhance the Rimbun Kasia development, leveraging on their vast experience in the affordable housing sector, track record and financial strength.

“This is very exciting for us because the collaboration will also provide a strong foundation and a competitive advantage to the Rimbun Kasia development. I am very proud that Hankyu Hanshin has selected Ireka to be their development partner as they seek to expand their operations in Malaysia. The Rimbun Kasia development will be their first project in Malaysia.”

https://www.thestar.com.my/business/business-news/2018/04/09/ireka-japan-hankyu-hanshin-in-rm400m-property-project-in-nilai/
14/04/2018 02:40
investor001 Their own businesses have been normalized especially the property segment.

The collaboration with CRRC, STO and Hankyu Hanshin are extra bonuses.
14/04/2018 02:47
firehawk everyday trading vol=0, better delist it!
16/05/2018 15:54
firehawk she bot a lot @0.62 ..... so, is going to announce v/good Q result?

(unlikely to have special div., bcos she said will only give after ASEANA sold all the assets)
30/05/2018 10:00
Singapore88 Good morning
30/05/2018 10:07
slee 悄悄上有了一点动静
31/05/2018 10:26
slee :( report
31/05/2018 19:40
dompeilee dompeilee Luckily I SOLD @ 79.38c average the other day :)
30/01/2018 10:27

I got OUT closer to the TOP than anyone... =)
26/06/2018 20:56
JbHotSpot Start accumulating...
10/07/2018 22:18
firehawk WB has less than 1 yr life span now, unless mother share rises >60% within the coming 1 yr .....

WB holders would be holding toilet paper for mr/ms lai ... :-(
11/07/2018 09:31
firehawk Since miss lai announced, she wants to wait for ASEANA sold all the assets, only Ireka will pay the special dividend ..... Ireka price sliding with no return .....

she gave a good lesson to shareholders, especially WB holders.
08/10/2018 15:32
mansaham1972 Masuk waran B harga 2 sen.harap ada ummphh sebelum expired.
30/10/2018 18:13
firehawk even though bot @2sen still is high risk ....
06/12/2018 09:47


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