Highlights
KLSE: IDEAL (9687)       IDEAL UNITED BINTANG INTERNATIONAL BHD MAIN : Properties
Last Price Today's Change   Day's Range   Trading Volume
1.71   -0.02 (1.16%)  1.69 - 1.75  359,000
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Financials


Market Cap: 189 Million

Market Cap 189 Million
NOSH 110 Million

Latest Audited Result:  31-Dec-2017

Latest Audited Result: 31-Dec-2017
Announcement Date 30-Apr-2018
Next Audited Result: 31-Dec-2018
Est. Ann. Date: 30-Apr-2019
Est. Ann. Due Date: 29-Jun-2019

Latest Quarter:  30-Jun-2018 [#2]

Latest Quarter: 30-Jun-2018 [#2]
Announcement Date 04-Sep-2018
Next Quarter: 30-Sep-2018
Est. Ann. Date: 28-Nov-2018
Est. Ann. Due Date: 29-Nov-2018
QoQ | YoY   5.96%  |    402.74%

Annual (Unaudited) ( EPS: 14.22, P/E: 12.03 )

Revenue | NP to SH 246,487  |  15,707
RPS | P/RPS 223.13 Cent  |  0.77
EPS | P/E | EY 14.22 Cent  |  12.03  |  8.31%
DPS | DY | Payout % 0.00 Cent  |  0.00%  |  - %
NAPS | P/NAPS 0.84  |  2.03
YoY   89.01%
NP Margin | ROE 13.73%  |  16.85%
F.Y. | Ann. Date 31-Dec-2017  |  28-Feb-2018

T4Q Result ( EPS: 36.73, P/E: 4.66 )

Revenue | NP to SH 553,488  |  40,576
RPS | P/RPS 501.04 Cent  |  0.34
EPS | P/E | EY 36.73 Cent  |  4.66  |  21.48%
DPS | DY | Payout % 0.00 Cent  |  0.00%  |  - %
NAPS | P/NAPS 1.13  |  1.52
QoQ | YoY   44.38%  |    217.62%
NP Margin | ROE 15.77%  |  32.61%
F.Y. | Ann. Date 30-Jun-2018  |  04-Sep-2018

Annualized Result ( EPS: 54.80, P/E: 3.12 )

Revenue | NP to SH 800,582  |  60,528
RPS | P/RPS 724.72 Cent  |  0.24
EPS | P/E | EY 54.80 Cent  |  3.12  |  32.04%
DPS | DY | Payout % -
NAPS | P/NAPS -
QoQ | YoY   2.98%  |    459.93%
NP Margin | ROE 16.26%  |  48.64%
F.Y. | Ann. Date 30-Jun-2018  |  04-Sep-2018


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-2018 04-Sep-2018 30-Jun-2018 2 194,693 46,361 35,398 15,570 - 124,442 - % 18.18% 12.51% 110,468 176.24 176.24 14.09 14.09 0.00 0.00 1.1265 1.13   5.96%   402.74% 29-Jun-2018 1.05 0.60 7.45 0.93 13.42% 0.00% 04-Sep-2018 1.53 0.87 10.86 1.36 9.21% 0.00%
31-Dec-2018 25-May-2018 31-Mar-2018 1 205,597 39,569 29,700 14,694 - 108,877 - % 14.45% 13.50% 110,468 186.11 186.11 13.30 13.30 0.00 0.00 0.9856 0.99   130.57%   536.66% 30-Mar-2018 0.65 0.35 4.89 0.66 20.46% 0.00% 25-May-2018 0.65 0.35 4.89 0.66 20.46% 0.00%
31-Dec-2017 28-Feb-2018 31-Dec-2017 4 93,028 18,675 13,621 6,373 - 93,213 - % 14.64% 6.84% 110,468 84.21 84.21 5.77 5.77 0.00 0.00 0.8438 0.84   61.79%   23.08% 29-Dec-2017 0.675 0.80 11.70 0.80 8.55% 0.00% 28-Feb-2018 0.70 0.83 12.13 0.83 8.24% 0.00%
31-Dec-2017 28-Nov-2017 30-Sep-2017 3 60,170 11,723 8,593 3,939 - 86,839 - % 14.28% 4.54% 110,468 54.47 54.47 3.57 3.57 0.00 0.00 0.7861 0.79   27.19%   79.70% 29-Sep-2017 0.755 1.39 21.17 0.96 4.72% 0.00% 28-Nov-2017 0.72 1.32 20.19 0.92 4.95% 0.00%
31-Dec-2017 30-Aug-2017 30-Jun-2017 2 47,214 8,790 6,585 3,097 - 82,895 - % 13.95% 3.74% 110,468 42.74 42.74 2.80 2.80 0.00 0.00 0.7504 0.75   34.19%   146.77% 30-Jun-2017 0.78 1.82 27.82 1.04 3.59% 0.00% 30-Aug-2017 0.77 1.80 27.47 1.03 3.64% 0.00%
31-Dec-2017 30-May-2017 31-Mar-2017 1 46,074 6,782 5,050 2,308 - 79,802 - % 10.96% 2.89% 110,468 41.71 41.71 2.09 2.09 0.00 0.00 0.7224 0.72   -55.43%   835.03% 31-Mar-2017 0.805 1.93 38.53 1.11 2.60% 0.00% 30-May-2017 0.835 2.00 39.97 1.16 2.50% 0.00%
31-Dec-2016 28-Feb-2017 31-Dec-2016 4 94,494 13,080 9,811 5,178 - 77,493 - % 10.38% 6.68% 110,468 85.54 85.54 4.69 4.69 0.00 0.00 0.7015 0.70   136.22%   740.84% 30-Dec-2016 0.75 0.88 16.00 1.07 6.25% 0.00% 28-Feb-2017 0.79 0.92 16.85 1.13 5.93% 0.00%
31-Dec-2016 25-Nov-2016 30-Sep-2016 3 38,487 6,334 4,750 2,192 - 72,312 - % 12.34% 3.03% 110,468 34.84 34.84 1.98 1.98 0.00 0.00 0.6546 0.65   74.66%   1,018.37% 30-Sep-2016 0.795 2.28 40.06 1.21 2.50% 0.00% 25-Nov-2016 0.785 2.25 39.56 1.20 2.53% 0.00%
31-Dec-2016 24-Aug-2016 30-Jun-2016 2 19,643 3,658 2,748 1,255 - 70,125 - % 13.99% 1.79% 110,468 17.78 17.78 1.14 1.14 0.00 0.00 0.6348 0.63   499.68%   1,191.30% 30-Jun-2016 0.80 4.50 70.42 1.26 1.42% 0.00% 24-Aug-2016 0.795 4.47 69.98 1.25 1.43% 0.00%
31-Dec-2016 24-May-2016 31-Mar-2016 1 723 -215 -253 -314 - 69,661 - % -34.99% -0.45% 110,468 0.65 0.65 -0.28 -0.28 0.00 0.00 0.6306 0.63   61.14%   77.08% 31-Mar-2016 0.85 129.87 -299.04 1.35 -0.33% 0.00% 24-May-2016 0.81 123.76 -284.97 1.28 -0.35% 0.00%
31-Dec-2015 29-Feb-2016 31-Dec-2015 4 539 -819 -780 -808 - 69,904 - % -144.71% -1.16% 110,468 0.49 0.49 -0.73 -0.73 0.00 0.00 0.6328 0.63   -512.24%   42.45% 31-Dec-2015 0.90 184.46 -123.05 1.42 -0.81% 0.00% 29-Feb-2016 0.81 166.01 -110.74 1.28 -0.90% 0.00%
31-Dec-2015 17-Nov-2015 30-Sep-2015 3 1,512 501 387 196 - 30,337 - % 25.60% 0.65% 69,999 2.16 1.37 0.28 0.18 0.00 0.00 0.4334 0.27   270.43%   125.19% 30-Sep-2015 0.795 36.81 283.93 1.83 0.35% 0.00% 17-Nov-2015 0.85 39.35 303.57 1.96 0.33% 0.00%
31-Dec-2015 27-Jul-2015 30-Jun-2015 2 200 -81 -115 -115 - 30,237 - % -57.50% -0.38% 71,875 0.28 0.18 -0.16 -0.10 0.00 0.00 0.4207 0.27   91.61%   75.05% 30-Jun-2015 0.855 307.27 -534.38 2.03 -0.19% 0.00% 27-Jul-2015 0.84 301.88 -525.00 2.00 -0.19% 0.00%
31-Dec-2015 07-May-2015 31-Mar-2015 1 9,076 -1,333 -1,370 -1,370 - 29,669 - % -15.09% -4.62% 70,256 12.92 8.22 -1.95 -1.24 0.00 0.00 0.4223 0.27   2.42%   -89.75% 31-Mar-2015 0.89 6.89 -45.64 2.11 -2.19% 0.00% 07-May-2015 0.90 6.97 -46.15 2.13 -2.17% 0.00%
31-Dec-2014 27-Feb-2015 31-Dec-2014 4 345 -1,404 -1,404 -1,404 - 31,014 - % -406.96% -4.53% 70,200 0.49 0.31 -2.00 -1.27 0.00 0.00 0.4418 0.28   -80.46%   -50.00% 31-Dec-2014 0.81 164.82 -40.50 1.83 -2.47% 0.00% 27-Feb-2015 0.88 179.06 -44.00 1.99 -2.27% 0.00%
31-Dec-2014 28-Nov-2014 30-Sep-2014 3 631 -778 -778 -778 - 16,229 - % -123.30% -4.79% 54,027 1.17 0.57 -1.44 -0.70 0.00 0.00 0.3004 0.15   -68.76%   5.35% 30-Sep-2014 0.81 69.35 -56.25 2.70 -1.78% 0.00% 28-Nov-2014 0.855 73.21 -59.37 2.85 -1.68% 0.00%
31-Dec-2014 26-Aug-2014 30-Jun-2014 2 2,077 -461 -461 -461 - 17,073 - % -22.20% -2.70% 54,235 3.83 1.88 -0.85 -0.42 0.00 0.00 0.3148 0.15   36.15%   -420.14% 30-Jun-2014 0.92 24.02 -108.24 2.92 -0.92% 0.00% 26-Aug-2014 0.84 21.93 -98.82 2.67 -1.01% 0.00%
31-Dec-2014 14-May-2014 31-Mar-2014 1 1,899 -722 -722 -722 - 17,419 - % -38.02% -4.14% 53,880 3.52 1.72 -1.34 -0.65 0.00 0.00 0.3233 0.16   22.86%   -1,193.94% 31-Mar-2014 0.60 17.02 -44.78 1.86 -2.23% 0.00% 14-May-2014 1.06 30.08 -79.10 3.28 -1.26% 0.00%
31-Dec-2013 27-Feb-2014 31-Dec-2013 4 2,296 -936 -936 -936 - 18,216 - % -40.77% -5.14% 54,104 4.24 2.08 -1.73 -0.85 0.00 0.00 0.3367 0.16   -13.87%   -693.22% 31-Dec-2013 0.59 13.90 -34.10 1.75 -2.93% 0.00% 27-Feb-2014 0.60 14.14 -34.68 1.78 -2.88% 0.00%
31-Dec-2013 20-Nov-2013 30-Sep-2013 3 3,840 -812 -822 -822 - 19,111 - % -21.41% -4.30% 54,078 7.10 3.48 -1.52 -0.74 0.00 0.00 0.3534 0.17   -670.83%   -334.86% 30-Sep-2013 0.59 8.31 -38.82 1.67 -2.58% 0.00% 20-Nov-2013 0.60 8.45 -39.47 1.70 -2.53% 0.00%
31-Dec-2013 27-Aug-2013 30-Jun-2013 2 6,813 155 144 144 - 19,658 - % 2.11% 0.73% 53,333 12.77 6.17 0.27 0.13 0.00 0.00 0.3686 0.18   118.18%   48.45% 28-Jun-2013 0.285 2.23 105.56 0.77 0.95% 0.00% 27-Aug-2013 0.33 2.58 122.22 0.90 0.82% 0.00%
31-Dec-2013 29-May-2013 31-Mar-2013 1 3,995 79 66 66 - 20,124 - % 1.65% 0.33% 55,000 7.26 3.62 0.12 0.06 0.00 0.00 0.3659 0.18   155.93%   -74.52% 29-Mar-2013 0.20 2.75 166.67 0.55 0.60% 0.00% 29-May-2013 0.285 3.92 237.50 0.78 0.42% 0.00%
31-Dec-2012 28-Feb-2013 31-Dec-2012 4 5,382 -118 -118 -118 - 20,113 - % -2.19% -0.59% 55,000 9.79 4.87 -0.22 -0.11 0.00 0.00 0.3657 0.18   -133.71%   -178.15% 31-Dec-2012 0.20 2.04 -93.22 0.55 -1.07% 0.00% 28-Feb-2013 0.49 5.01 -228.39 1.34 -0.44% 0.00%
31-Dec-2012 23-Nov-2012 30-Sep-2012 3 4,764 369 350 350 - 19,756 - % 7.35% 1.77% 53,846 8.85 4.31 0.65 0.32 0.00 0.00 0.3669 0.18   260.82%   392.96% 28-Sep-2012 0.22 2.49 33.85 0.60 2.95% 0.00% 23-Nov-2012 0.21 2.37 32.31 0.57 3.10% 0.00%
31-Dec-2012 30-Aug-2012 30-Jun-2012 2 3,842 178 97 97 - 19,421 - % 2.52% 0.50% 53,888 7.13 3.48 0.18 0.09 0.00 0.00 0.3604 0.18   -62.55%   -80.83% 29-Jun-2012 0.22 3.09 122.22 0.61 0.82% 0.00% 30-Aug-2012 0.22 3.09 122.22 0.61 0.82% 0.00%
31-Dec-2012 23-May-2012 31-Mar-2012 1 4,874 259 259 259 - 19,349 - % 5.31% 1.34% 53,958 9.03 4.41 0.48 0.23 0.00 0.00 0.3586 0.18   71.52%   398.08% 30-Mar-2012 0.25 2.77 52.08 0.70 1.92% 0.00% 23-May-2012 0.24 2.66 50.00 0.67 2.00% 0.00%
31-Dec-2011 28-Feb-2012 31-Dec-2011 4 6,062 151 151 151 - 19,079 - % 2.49% 0.79% 53,928 11.24 5.49 0.28 0.14 0.00 0.00 0.3538 0.17   112.68%   -90.01% 30-Dec-2011 0.20 1.78 71.43 0.57 1.40% 0.00% 28-Feb-2012 0.25 2.22 89.29 0.71 1.12% 0.00%
31-Dec-2011 30-Nov-2011 30-Sep-2011 3 3,524 71 71 71 - 19,170 - % 2.01% 0.37% 54,615 6.45 3.19 0.13 0.06 0.00 0.00 0.3510 0.17   -85.97%   143.03% 30-Sep-2011 0.18 2.79 138.46 0.51 0.72% 0.00% 30-Nov-2011 0.18 2.79 138.46 0.51 0.72% 0.00%
31-Dec-2011 17-Aug-2011 30-Jun-2011 2 5,748 506 506 506 - 18,824 - % 8.80% 2.69% 53,829 10.68 5.20 0.94 0.46 0.00 0.00 0.3497 0.17   873.08%   157.89% 30-Jun-2011 0.175 1.64 18.62 0.50 5.37% 0.00% 17-Aug-2011 0.18 1.69 19.15 0.51 5.22% 0.00%
31-Dec-2011 11-May-2011 31-Mar-2011 1 2,948 52 52 52 - 17,695 - % 1.76% 0.29% 51,999 5.67 2.67 0.10 0.05 0.00 0.00 0.3403 0.16   -96.56%   116.25% 31-Mar-2011 0.18 3.18 180.00 0.53 0.56% 0.00% 11-May-2011 0.17 3.00 170.00 0.50 0.59% 0.00%
31-Dec-2010 25-Feb-2011 31-Dec-2010 4 6,224 1,511 1,511 1,511 - 18,315 - % 24.28% 8.25% 53,964 11.53 5.63 2.80 1.37 0.00 0.00 0.3394 0.17   1,015.76%   266.23% 30-Dec-2010 0.12 1.04 4.29 0.35 23.33% 0.00% 25-Feb-2011 0.18 1.56 6.43 0.53 15.56% 0.00%
31-Dec-2010 25-Nov-2010 30-Sep-2010 3 6,090 -165 -165 -165 - 16,574 - % -2.71% -1.00% 53,225 11.44 5.51 -0.31 -0.15 0.00 0.00 0.3114 0.15   81.12%   53.65% 30-Sep-2010 0.22 1.92 -70.97 0.71 -1.41% 0.00% 25-Nov-2010 0.12 1.05 -38.71 0.39 -2.58% 0.00%
31-Dec-2010 18-Aug-2010 30-Jun-2010 2 6,083 -874 -874 -874 - 16,962 - % -14.37% -5.15% 53,950 11.28 5.51 -1.62 -0.79 0.00 0.00 0.3144 0.15   -173.13%   -61.85% 30-Jun-2010 0.17 1.51 -10.49 0.54 -9.53% 0.00% 18-Aug-2010 0.35 3.10 -21.60 1.11 -4.63% 0.00%
31-Dec-2010 18-May-2010 31-Mar-2010 1 4,223 -320 -320 -320 - 17,930 - % -7.58% -1.78% 54,237 7.79 3.82 -0.59 -0.29 0.00 0.00 0.3306 0.16   64.80%   68.22% 31-Mar-2010 0.38 4.88 -64.41 1.15 -1.55% 0.00% 18-May-2010 0.18 2.31 -30.51 0.54 -3.28% 0.00%
31-Dec-2009 25-Feb-2010 31-Dec-2009 4 7,080 -909 -909 -909 - 18,207 - % -12.84% -4.99% 54,107 13.09 6.41 -1.68 -0.82 0.00 0.00 0.3365 0.16   -155.34%   41.54% 31-Dec-2009 0.53 4.05 -31.55 1.58 -3.17% 0.00% 25-Feb-2010 0.55 4.20 -32.74 1.63 -3.05% 0.00%
31-Dec-2009 18-Nov-2009 30-Sep-2009 3 5,205 -356 -356 -356 - 19,062 - % -6.84% -1.87% 53,939 9.65 4.71 -0.66 -0.32 0.00 0.00 0.3534 0.17   0.00%   15.44% 30-Sep-2009 0.55 5.70 -83.33 1.56 -1.20% 0.00% 18-Nov-2009 0.55 5.70 -83.33 1.56 -1.20% 0.00%
31-Dec-2009 23-Sep-2009 3 5,205 -356 -356 -356 - - - % -6.84% - % 53,939 9.65 4.71 -0.66 -0.32 0.00 0.00 - -   34.07%   15.44% 23-Sep-2009 0.25 2.59 -37.88 0.00 -2.64% 0.00% 0.00 0.00 0.00 0.00 0.00% 0.00%
31-Dec-2009 18-Aug-2009 30-Jun-2009 2 6,203 -540 -540 -540 - 19,440 - % -8.71% -2.78% 54,000 11.49 5.62 -1.00 -0.49 0.00 0.00 0.3600 0.18   46.38%   29.50% 30-Jun-2009 0.50 4.35 -50.00 1.39 -2.00% 0.00% 18-Aug-2009 0.25 2.18 -25.00 0.69 -4.00% 0.00%
31-Dec-2009 19-May-2009 31-Mar-2009 1 2,651 -1,007 -1,007 -1,007 - 20,031 - % -37.99% -5.03% 54,139 4.90 2.40 -1.86 -0.91 0.00 0.00 0.3700 0.18   35.24%   -54.92% 31-Mar-2009 0.45 9.19 -24.19 1.22 -4.13% 0.00% 19-May-2009 0.28 5.72 -15.05 0.76 -6.64% 0.00%
31-Dec-2008 25-Feb-2009 31-Dec-2008 4 2,643 -1,555 -1,555 -1,555 - 20,981 - % -58.83% -7.41% 53,993 4.90 2.39 -2.88 -1.41 0.00 0.00 0.3886 0.19   -269.36%   -9,047.06% 31-Dec-2008 0.39 7.97 -13.54 1.00 -7.38% 0.00% 25-Feb-2009 0.40 8.17 -13.89 1.03 -7.20% 0.00%

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.


Analyze this stock with MQ Trader system
  2 people like this.
 
starcam Cool! 3rd round! :)
19/09/2018 10:52
黃靖勝 Ideal fly fly !
19/09/2018 10:56
trulyinvest BOUGHT 1.58 SOLD 1.65 THX
19/09/2018 12:17
spygame007 those chase high will regret soon.
19/09/2018 16:04
selective_contrarian Strong finish to close at 1.63. Should open with a gap up tomorrow just like today. Increasing price + volume over the past 2 days as well - all good signs!

Ideal was also included in The Edge article this afternoon as one of the stocks with positive momentum : http://www.theedgemarkets.com/article/genetec-ideal-united-reach-ni-hsin-pie-industrial-watta

Hopefully it'll be back above 1.70 by the end of the week.

Btw, did anyone see the sneaky 20K sell order placed at 4.45pm at RM1.61 which was deleted a few seconds before the market reopened? Lol even those who want to depress the share price have no balls to sell at such a low price haha
19/09/2018 17:21
selective_contrarian @spygame007 last time you said bad news and don't chase high, the stock hit limit up a week later lol.

NEVER FORGET.

I think someone should post this here everyday just to remind forum members what a selfish sohai this guy is and if you listen to him, it's you who will lose out in the end.
19/09/2018 17:26
The_Reds those stay long enough in this forum already know that spygame007 is a fxxking sohai, so the best way is just ignore him
19/09/2018 17:28
The_Reds even nowadays i'm so lazy to entertain him and reply to his comments
19/09/2018 17:29
selective_contrarian @The_Reds yeah, I'm quite lazy these days too but honestly, some of the things he says is bloody ridiculous and its so hard not to hold myself back. I'm sure there are other newcomers on this thread who don't read all the way up too so maybe it's best to just keep reminding them who this lying legend is at every opportunity.
19/09/2018 17:34
paperplane this stock very good, just need patient
19/09/2018 18:05
The_Reds another 2 months till the next QR, we will see how's big boss gonna orchestrate the show...anyhow I believe TP 2.00 is still intact
19/09/2018 20:28
paperplane Ya. Iguess rm2 no problem perhaps?
19/09/2018 21:11
rojakmee TP 2.5 hopefully before qtr report
19/09/2018 23:10
spygame007 insider bad news.
20/09/2018 08:39
selective_contrarian Fantastic opening but don't push too high too quickly otherwise there will be no support at the lower levels. Don't have to rush to buy at higher prices and prioritise queuing instead!
20/09/2018 09:06
selective_contrarian That way the price will be more stable and in line with demand. Just be patient. If it rises too quickly, you're only letting those contra players and day traders take profit as soon as they hit their profit target.
20/09/2018 09:09
selective_contrarian And for once, I actually agree with spygame007 - don't chase too high! (until the price stabilises ie. robust buy queue to support the price level)

Never thought I'd actually end up agreeing with him on something hahah
20/09/2018 09:15
selective_contrarian ALL OF YOU NEED TO CHILL. HONESTLY HAHAHA
20/09/2018 09:36
EngineeringProfit HUAAAAT AAAARRR
20/09/2018 09:37
selective_contrarian Please stop chasing! Let the price level consolidate for a while. What goes up quickly can also come down very quickly - remember the limit up and how fast it crashed the next day? I rather see Ideal go up a few cents everyday rather than 30c in one day, only to lose all its gains the very next day.
20/09/2018 09:43
beinvested Ordinary Share is RM1.75, Warrant Conversion Price is RM1.00, 1.1 X RM1.75 = RM1.925, RM1.925 less CP (RM1.00) = the Warrant should be RM0.925
20/09/2018 09:50
trulyinvest bought 1.68 sold 1.75. thx
20/09/2018 09:50
The_Reds Wb is indeed at a great bargain now
20/09/2018 10:21
Lim Tek Wai Good news incoming, oh yeah !
20/09/2018 11:04
starcam Looks like handbrake broken =D
20/09/2018 11:51
spygame007 dont chase high
20/09/2018 12:05
trulyinvest STRONG
20/09/2018 12:40
swordwa2 hello, a newbie question here:
Does the profit margin(the %) of property development business usually rises towards the end of project completion?
20/09/2018 14:00
spygame007 hey, newbie better stay away, tis counter is a shit. dont invest in overvalue stock. go look for other more potential counters
20/09/2018 14:05
jordanmaggie61 Happy ! Good profit everyday hehehe
20/09/2018 14:17
swordwa2 I found this stock through reading the analysis by iqapex(it's really a great article, learned a lot from it) and i did some calculations on my own

Based on data in qtr report:
Q2 revenue 206m eps 14.09
Q1 revenue 195m eps 13.3
With current profit margin, it takes around 190m revenue to achieve eps of 13 cents

Total unbilled sales and unsold property of i-santorini, forest ville, one foresta = 1138m

The revenue has to divide by 2 since iubb owns only 50% of the projects
1138m / 2 = 569m

569m / 190m = 2.91
The 13 cents eps is only sustainable for another 3 quarters without new property injections? This far from the result in iqapex report... Is there any problem with my calculations? Can any sifu shed some light for me before i throw in my hard-earned money?
20/09/2018 14:29
beinvested Warrant is still under-value. With half the price of the Ordinary Share, one can reap the same rate of profit (each jump).That's why many investors do not mind to buy the Warrant. Anyway, the Warrants only expiring on 30 March 2021. Got another 2 more years.
20/09/2018 15:23
selective_contrarian @swordwa2 nope, not that I’m aware of. Revenue per quarter is calculated as a % of total costs so margins should be the same throughout the project. However, margins can improve when there’s a reduction in costs - eg. the latest SST exemption for building materials.

And no, I believe you're mistaken about the quarterly earnings part. You cannot just take the unbilled sales and divide it by current q revenue to get estimates for the remaining q's. You have to follow the estimated completion date when calculating. For i-Global (forestville, foresta), its 2Q2020 so at least another 8 quarters of similar earnings. Follow iqapex calculations - I think they've got it bang on point.

Unbilled sales is also not the complete figure - it does not include sales made where there has been yet to be collection of cash from loan proceeds nor does it include the remaining 10% unsold units for all three projects. Unbilled sales is merely accrued revenue (I'm not sure if I'm using this term correctly) that is more or less certain but cannot be included on the balance sheet/P&L statement until the contractor fulfils performance obligations.

And as for new property injections, it should not be an issue. Ideal's entire business model is based on property injections anyways and Ideal Property Group (the private company) launched at least 7 other projects this year alone. The chairman can pretty much cherrypick whichever one he wants to inject whenever he feels that revenue and earnings of his listed entity needs a boost. Ideal also subscribed to 51% stakes in 2 subsidiaries on 17 Nov last year and so far we don't know what these subsidiaries are for but it's very likely a vehicle for future projects.

Really wouldn't worry too much about future asset injections if I were you :)
20/09/2018 15:37
selective_contrarian That being said, my advice would be not to rush to buy. This is probably the most incredible stock you'll find on Bursa (from a fundamental, future earnings & shareholder backing perspective) but it can be quite illiquid (lack of queued orders) on some days. This means that when the operators or sharks start buying, it drives the price up very rapidly but the reverse also applies when the price falls. If there are only 1-2K share orders at every price level, someone selling 10K shares in one go can cause a steep drop of at least 5-6c and we've seen this happen many times over the past few weeks. The same applies when someone buys big as we saw in the morning over the past 3 days when the share price shoots up like a rocket.

So, please just be patient and queue your order. Don't worry, you won't miss out (I guarantee it) simply because it's not going to go up forever and there will always be sellers but at least you won't end up buying high only to be left stranded when a small-time contra player decides to take profit and the price drops by 5-6c just because there were insufficient orders in the queue. But most importantly, as a retailer, you also want to make sure you're buying at the best price and to buy your WHOLE investment at the market price is perhaps not the wisest thing to do - esp if there is a chance the price could quickly drop in the next few minutes just because of one sell order and lack of bids - a silly reason really! But you see my point right?
20/09/2018 15:41
The_Reds swordwa2, there are 2 points that u are wrong

1) Ideal owns 100% of I-Santorini and 50% of One Foresta + Forestville

2) unbilled sales is one thing, but % of houses not completed is another thing. To recap, based on latest qr, I-Santorini, One Foresta and Forestville are only completed by 65%, 88% and 55% respectively.
So the conclusion is ur calculation will be way way way deviated from the actual profit
20/09/2018 15:47
spygame007 bull shit alot
20/09/2018 16:03
trulyinvest PROPERTY ONLY KA? DANGEROUS COUNTER
20/09/2018 17:03
selective_contrarian Attention all newbies, beware of @spygame007! Kiasu user who like tries to spread fear, uncertainty and doubt so that he can collect at a low price. Read his comments below and judge for yourself. Be careful!

spygame007 insider news, next QR loss 3mils. Guys, better watch out
01/08/2018 08:53

spygame007 1.25 now. price will further go down to rm1 before QR. i warn u guys before.
02/08/2018 16:30

spygame007 QR out. Loss 7mils
24/08/2018 17:52

spygame007 tomorrow sure continue dive down to 1.4
29/08/2018 19:17

spygame007 hey, newbie better stay away, tis counter is a shit. dont invest in overvalue stock. go look for other more potential counters
20/09/2018 14:05

spygame007 dont chase high
20/09/2018 12:05

[Going to repost this every day if I have to]
20/09/2018 17:11
nbs3356 just watch ideal movie now
20/09/2018 19:00
swordwa2 @selective_contrarian
Thanks for the detailed view and your advices on strategy to purchase. Indeed the calculation is far from perfect. Guess i still have much to learn :)
20/09/2018 20:27
swordwa2 @The_Reds
Thanks for your points too. I wasn't that iubb owns 100% of i-santorini
20/09/2018 20:29
goldenluck16 Buy the warrant tomorrow.
20/09/2018 23:15
dlye7735 http://www.theedgemarkets.com/article/ideal-buying-volume-expanded-says-alliancedbs-research
21/09/2018 09:00
goldenluck16 Buy the warrant now. 79 sen only.
21/09/2018 09:31
selective_contrarian @swordwa2 do you see what I mean by price collapse due to lack of buy orders in the queue? This morning is another good example. At one point, the best buy order was 1.65 and the best sell was 1.72. That's a spread of 7c!
21/09/2018 09:48
jordanmaggie61 Good show ! Very strong... will move tomorrow and profit incoming
21/09/2018 09:55
spygame007 oh no. drop again!
21/09/2018 09:57
swordwa2 @selectelive_contrarian yes, i noticed the spread after reading your comments.Good to know that... this is different from stocks i invested before
21/09/2018 13:05
starcam I suspect Spygame is a disgruntled employee or family member or partner of Ideal. I'm in this forum to see what others are saying about some stocks. I'm guilty of not contributing any useful information regarding the company to help others but only taking. However, I do think its much better than coming in only to spread fear and slander without any substantiated remarks. Still have to thank Spygame tho,.. because everytime he comes in and say something bad, its like a sign that the stock will go up.... He's probably Ideals best lucky charm :)
21/09/2018 15:11
The_Reds spygame007 has a complicated role in this whole game, he just keep on talking bad regardless the stock goes up or down..u can never guess his real motive and which party he sides with
21/09/2018 16:48