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2019-09-10 16:05 | Report Abuse
MUIPROP Financial Information
Market Capital (RM)
: 126.07m
Number of Share
: 764.06m
EPS (cent)
: 2.17 *
P/E Ratio
: 7.60
ROE (%)
: 5.91
NTA (RM)
: 0.367
Par Value (RM)
: 0.200
* Calculated based on the net profit of the trailing twelve months and latest number of shares issued.
2019-09-10 16:05 | Report Abuse
NEW BLOOD, NEW STRATEGY , GOOD
Steering MUI group out of the doldrums
Supriya Surendran
/
The Edge Malaysia
December 31, 2018 17:00 pm +08
This article first appeared in The Edge Malaysia Weekly, on December 24, 2018 - December 30, 2018.
Andrew: I would like to see MUI as a lifestyle company. We own brands, we know how to activate a brand — it is a lifestyle-driven business proposition. Photo by Mohd Shahrin Yahya/The Edge
-A+A
FOR younger investors who started buying equities a decade ago or later, MUI group could be an unfamiliar name. After its glory days of the 1980s and 1990s, MUI group dropped off the radar screens.
Its four Bursa Malaysia-listed entities — Malayan United Industries Bhd (MUI), MUI Properties Bhd, Pan Malaysia Corp Bhd and Pan Malaysia Holdings Bhd — are currently trading at below 30 sen per share. Its UK-listed fashion and houseware brand, Laura Ashley Holdings plc, has been on a downward trend as well, with the counter falling from its peak of £29.75 to a 15-year low of £3.75 last Thursday. Of the five units, only MUI Properties is profitable.
About four years ago, rumour was rife that the founder and controlling shareholder Tan Sri Khoo Kay Peng, who has been out of the corporate limelight for a long time, was planning to restructure and revamp the group. At the time, asset stripping was said to be the strategy to unlock the hidden value of the group, which owns hotels, department stores and a securities firm among others.
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True enough, it turned out to be speculation and nothing much happened.
Now, Kay Peng, 80, has tasked his second son, 46-year-old Andrew Khoo Boo Yeow, with steering the MUI group out of the doldrums. And this time, a concrete plan has been outlined to make the MUI group relevant again for the investing fraternity and consumers.
Andrew sees his immediate task as strengthening the foundations and putting the flagship MUI and the other companies in the group on a firm footing and then growing the businesses.
Under his stewardship, the group is undergoing a restructuring to make it a more lean and understandable structure. In the process, dormant companies are being shut down.
“One-third of the restructuring is completed. I want MUI to have no more than two listed companies in Malaysia. I want to bring as many of our assets as possible into MUI as part of the restructuring process. We should be able to complete it in two years.
“Ultimately, it is about unlocking value for our stakeholders. That is partly why we are doing this,” Andrew tells The Edge.
The group is open to asset disposals. In fact, it has already started down the divestment trail. Andrew says he is not that attached to the assets, but he stresses that disposals must take place at the right time and at the right price.
Its prime assets include the Corus Hotel in Jalan Ampang, Kuala Lumpur, and Corus Hotel Hyde Park in London.
Given its net tangible assets per share of 17 sen as at Sept 30, the group’s total net assets work out to RM527 million — which those who know the list of its assets would say does not reflect the true value. Corus Hotel Kuala Lumpur alone was reported to be valued at about RM310 million last year.
MUI’s market capitalisation was RM484 million based on last Friday’s close of 16.5 sen per share.
However, MUI has no intention of revaluing the assets, although this could give an instant boost to earnings with a hefty revaluation gain.
Asset disposals have helped the group pare down its losses. Its net loss for the financial year ended June 30 (FY2018), more than halved to RM56.08 million year on year after it sold three hotels.
“Right now we are still loss-making, although we have reduced our losses substantially. In the next one to two years, we hope to break even or enter positive territory.
“If our business development ventures bear fruit, we can propel our revenue forward. I would like to see MUI as a lifestyle company. We own brands, we know how to activate a brand — it is a lifestyle-driven business proposition,” Andrew says.
And that would be one proposition investors will continue to evaluate.
Making Metrojaya great again
Andrew’s vision for MUI, especially for its retail, property and hotel businesses, has been widely reported in the press this year, including his plans to bring a lifestyle concept to the group’s businesses.
His plans for MUI’s best known business venture — Metrojaya department stores — come at a tough time for the domestic retail sector. Indeed, MUI acknowledges this in its 2018 annual report. It says Metrojaya faces challenging retail conditions with increased competition from traditional retailers and online shopping portals, against a backdrop of uncertain consumer sentiment.
https://www.theedgemarkets.com/article/steering-mui-group-out-doldrums
2019-09-10 16:00 | Report Abuse
Bandar Springhill
From Wikipedia, the free encyclopedia
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Bandar Springhill (Chinese: 春泉镇) is a township in Port Dickson District, Negeri Sembilan, Malaysia, This township is located near Lukut town.
Development
West Synergy Sdn Bhd, a 60-40 joint-venture between MUI Properties Berhad and Chin Teck Plantations Berhad planned out to develop the 2,000-acre (8.1 km2) freehold land into the following components:
Springhill Park
Springhill Gardens
Springhill Heights
Springhill Commercial Centre
E4 (Olive & Maple)
E7-1 (Peony & Freesia)
E7-2 (Irises & Cosmos)
E8 (Cempaka)
About
First launched in July 1997
2000 acre freehold integrated township situated between Seremban and Port Dickson
Good accessibility via the North-South Highway, Seremban-Port Dickson Highway, & the Seremban-Port Dickson trunk road
Well-balanced mix of residential, commercial, industrial and recreational developments
Supported by modern communal facilities such as polyclinics, medical healthcare center, kindergartens, schools, higher educational centers, recreational centers and shopping centers.
External links
Official website
Facebook : www.facebook.com/bandarspringhillseremban
Instagram : www.instagram.com/bandarspringhill
2019-09-10 15:56 | Report Abuse
SEREMBAN (Aug 26): Nilai is being considered as one of the stations in the East Coast Rail Link (ECRL) project, aside from Kuala Klawang in Jelebu.
Negeri Sembilan Menteri Besar Datuk Seri Aminuddin Harun said the proposal was raised during a meeting between the State Government and Malaysia Rail Link Sdn Bhd (MRL) on Aug 8.
"The state government was informed that the ECRL route has not been finalised and needed to be studied from various aspects such as the social, environmental and operational impact, service level, unity and integration aspect, costs, and challenges in the implementation.
"In this regard, the first session of the discussion on the selected route was held with MRL on Aug 8. MRL had proposed a route that includes two stations in Negeri Sembilan, at Kuala Klawang and Nilai.
"There will be a briefing on the latest route for state councillors on Sept 18," he said in response to Yap Yew Weng (DAP-Mambau) during the second sitting of the second term of the 14th State Legislative Assembly here today.
Aminuddin who is also Sikamat assemblyman said various benefits would be derived from the ECRL development such as employment opportunities in construction and transportation, as well as economic growth for Jelebu.
"The business environment will also be transformed, with the influx of workers. It will open more opportunities for small and medium economies besides increasing demand for food, housing, shops and transportation.
"Aside from that, the project could also be a catalyst for the tourism sector in Jelebu and at the same time promote existing ecotourism products such as the Kenaboi State Park and other forest eco parks," he said.
Meanwhile, Datuk Seri Mohamad Hasan (BN-Rantau) proposed for the Nilai ECRL station to be turned into an integrated transport hub.
"We want to propose to the state government to take into account the Malaysia Vision Valley 2.0 (MVV 2.0) development as there was in the initial plan, a station in the Kuala Lumpur-Singapore high-speed rail (HSR) project that had been approved as a station of international standard.
"We propose that the Nilai station be made an integrated transportation hub and if possible, for the ECRL line to be extended to enable east coast passengers to reach Kuala Lumpur International Airport (KLIA) directly," he said. — Bernama
2019-09-10 15:52 | Report Abuse
more n more profitABLE ALSO
Date Financial Result Financial Ratio Per Share Item Performance
Ann. Date
Quarter
Revenue
PBT
NP
NP to SH
NP Margin
ROE
EPS
DPS
NAPS
QoQ
YoY
Financial Year: 30-Jun-2019
29-Aug-2019 30-Jun-2019 14,103 12,909 11,668 10,404 82.73% 3.83% 1.40 0.00 0.3667 874.16% 1,148.98%
30-May-2019 31-Mar-2019 15,658 3,325 2,351 1,068 15.01% 0.41% 0.14 0.00 0.3528 -37.10% -39.25%
12-Feb-2019 31-Dec-2018 15,434 5,781 3,603 1,698 23.34% 0.65% 0.23 0.00 0.3519 -50.38% 473.65%
21-Nov-2018 30-Sep-2018 12,279 5,263 5,013 3,422 40.83% 1.30% 0.46 0.00 0.3542 310.80% 8,455.00%
2019-09-10 15:49 | Report Abuse
52 Weeks Range: 0.16 - 0.28
52 Weeks Price Volatility (%):
4.17%
2019-09-10 15:49 | Report Abuse
share buyback bila start, undervalued a lot
04-Oct-2006 04-Oct-2006 Buyback 45,000 0.220 0.230 View Detail
29-Sep-2006 04-Oct-2006 Buyback 145,000 0.220 0.250 View Detail
29-Sep-2006 29-Sep-2006 Buyback 100,000 0.240 0.250 View Detail
28-Sep-2006 28-Sep-2006 Buyback 40,000 0.250 0.255 View Detail
27-Sep-2006 27-Sep-2006 Buyback 65,000 0.250 0.260 View Detail
26-Sep-2006 26-Sep-2006 Buyback 60,000 0.250 0.260 View Detail
25-Sep-2006 25-Sep-2006 Buyback 55,000 0.245 0.255 View Detail
22-Sep-2006 28-Sep-2006 Buyback 285,000 0.245 0.260 View Detail
22-Sep-2006 22-Sep-2006 Buyback 65,000 0.250 0.255 View Detail
21-Sep-2006 21-Sep-2006 Buyback 40,000 0.245 0.255 View Detail
20-Sep-2006 20-Sep-2006 Buyback 30,000 0.250 0.255 View Detail
19-Sep-2006 19-Sep-2006 Buyback 20,000 0.245 0.255 View Detail
18-Sep-2006 18-Sep-2006 Buyback 15,000 0.245 0.250 View Detail
15-Sep-2006 21-Sep-2006 Buyback 135,000 0.235 0.255 View Detail
15-Sep-2006 15-Sep-2006 Buyback 30,000 0.235 0.245 View Detail
14-Sep-2006 14-Sep-2006 Buyback 30,000 0.225 0.235 View Detail
13-Sep-2006 13-Sep-2006 Buyback 20,000 0.220 0.230 View Detail
12-Sep-2006 12-Sep-2006 Buyback 15,000 0.220 0.235 View Detail
11-Sep-2006 11-Sep-2006 Buyback 15,000 0.220 0.225 View Detail
08-Sep-2006 14-Sep-2006 Buyback 100,000 0.215 0.235 View Detail
08-Sep-2006 08-Sep-2006 Buyback 20,000 0.215 0.220 View Detail
07-Sep-2006 07-Sep-2006 Buyback 20,000 0.210 0.215 View Detail
06-Sep-2006 06-Sep-2006 Buyback 15,000 0.205 0.225 View Detail
05-Sep-2006 05-Sep-2006 Buyback 15,000 0.205 0.210 View Detail
04-Sep-2006 07-Sep-2006 Buyback 65,000 0.205 0.225 View Detail
2019-09-10 15:47 | Report Abuse
grab fast3
Recent Prices
Date Open Range Close Change Volume
06/09/2019 0.17 0.16 - 0.17 0.165 0.00 (0.00%) 3,642,100
05/09/2019 0.165 0.16 - 0.17 0.165 -0.005 (2.94%) 4,519,300
04/09/2019 0.17 0.165 - 0.175 0.17 +0.005 (3.03%) 6,802,300
03/09/2019 0.175 0.165 - 0.175 0.165 -0.015 (8.33%) 3,853,900
30/08/2019 0.175 0.17 - 0.18 0.18 +0.005 (2.86%) 5,347,000
29/08/2019 0.175 0.165 - 0.175 0.175 0.00 (0.00%) 3,088,100
28/08/2019 0.175 0.17 - 0.175 0.175 0.00 (0.00%) 4,979,800
27/08/2019 0.185 0.175 - 0.185 0.175 -0.015 (7.89%) 8,058,900
26/08/2019 0.195 0.185 - 0.195 0.19 -0.005 (2.56%) 5,736,200
23/08/2019 0.195 0.19 - 0.20 0.195 0.00 (0.00%) 5,637,500
22/08/2019 0.195 0.195 - 0.20 0.195 +0.005 (2.63%) 4,010,100
21/08/2019 0.19 0.19 - 0.19 0.19 0.00 (0.00%) 49,300
20/08/2019 0.19 0.19 - 0.195 0.19 0.00 (0.00%) 2,442,500
19/08/2019 0.195 0.19 - 0.20 0.19 -0.005 (2.56%) 711,200
16/08/2019 0.195 0.195 - 0.195 0.195 -0.005 (2.50%) 330,000
15/08/2019 0.21 0.195 - 0.21 0.20 -0.015 (6.98%) 311,100
14/08/2019 0.185 0.185 - 0.215 0.215 +0.035 (19.44%) 1,924,100
2019-09-10 15:46 | Report Abuse
Muiprop, Muiind - Negeri sembilan ECRL, potential 100% gain
Author: share4u2019 | Publish date: Mon, 8 Apr 2019, 9:16 AM
High Chance to be the largest beneficial counter if ECRL rerouted to Negeri Sembilan!!!!!
FIELD TRIP & PHOTOS OF BANDAR SPRINGHILL, NEGERI SEMBILAN OF MUIPROP . Mui Bhd owns 70% of Mui Prop
https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/133866.jsp
Muiprop owns nothing more but left Negeri Sembilan land only
Now Loke says it: ECRL will benefit Negeri Sembilan
https://www.freemalaysiatoday.com/category/nation/2019/04/07/now-loke-says-it-ecrl-will-benefit-negeri-sembilan/
2019-09-10 15:45 | Report Abuse
grab some, no harm haha
ECRL PASSING SEREMBAN: WHY MUI PROPERTY (3913) WILL GO UP BY 100% TO 200%, Calvin Tan Research
Author: calvintaneng | Publish date: Tue, 9 Apr 2019, 8:07 AM
Hi guys, Please read this post to the very end while I type
At first Lim Guan Eng announce the surprise rerouting of ECRL to Seremban. Then Anthony Loke affirmed it. Finally Azmin called Tun Daim in China to confirm final allignment will include Seremban in the Malay Mail today. This is extremely good news for Miui Property (3193)
And these are Top 10 Reasons why Calvin is extrermely bullish on MUI PROPERTY Now
1. MUI PROP HAS MOJORITY OF ITS VERY PRIME LANDS LOCAYED CHUN CHUN IN SEREMBAN
IN JAPAN WHERE SHINKANSEN RAILWAY PASSES - LAND PRICES AUTOMATICALLY GO UP BY 46% IN VALUE
SO WE CAN EXPECT MUI PROPERTY HAVE THE MOST CONCENTRATION OF ITS ASSETS LOCATED IN SEREMBAN WILL BENEFIT THE MOSTEST
2. OUT OF 9 PROPERTIES LISTED IN MUI PROPERTY THE TOP TWO MOST EXPENSIVE ARE LOCATED CHUN CHUN IN SEREMBAN
i) BANDAR SPRINGHILL
State of Negeri Sembilan Darul Khusus Balance of freehold land held for township development known as Bandar Springhill at Mukim of Jimah, District of Port Dickson, Negeri Sembilan Darul Khusus (Date of acquisition: January 1995)
4,386,792 sq meter-
Rm149,769,000
Let's calculate its lands in Acres & then price in per sq ft
First Multiply 4,386,792 sq meter- by 10.764 to convert to per sq ft = 47219429.088 sq ft
So divides Rm149,769,000 by 47219429.088 sq ft
Rm3.17
YES THESE FREEHOLD LANDS ABOUT 20 MINUTES FROM SEREMBAN CBD ARE ONLY VALUED AT RM3.17 PER SQ FT.
Let's see how many acres by dividing 47219429.088 sq ft by 43,560 (acre) = 1.084 ACRES
YES GOT IT!
MUI PROP HAS 1,084 ACRES OF FREEHOLD LANDS IN THE TOWNSHIP OF BANDAR SPRINGHILL
AND THE COST SINCE PURCHASE IN YEAR 1995 (24 years ago) REMAINS AT RM3.17 PER SQ FT
THAT IS VERY CHEAP AS SEREMBAN IS ONLY 20 MINUTES AWAY, BANDAR SRI SENDAYAN & PORT DICKSON ONLY 10 to 15 MINUTES AWAY FROM THIS BEAUTIFUL TOWNSHIP WHERE SPRING AND SUMMER IS PERENNIAL!!
LGE the Finance Minister reasoned that ECRL passing through KL is more expensive as Lands in KL is Rm700 psf to Rm800 psf while in Seremban it is cheaper at Rm40 psf
So if we use just the 50% discounted cash price of Rm20 psf for Bandar Springhill lands it will be
47219429.088 x Rm20 = 944,388,581.76
HA! THESE LANDS WOULD BE WORTH
RM944.3 MILLIONS IF REVALUED TODAY
Now SINCE MUI PROP TOTAL PAID UP SHARES ARE 740,914,596 THAT MEANS THAT
944,388,581 divides by 740,914,596 = 1.27462542493
THAT IS ALREADY RM1.27 PER SHARE
WHOOPEE!
2019-09-05 14:54 | Report Abuse
Better late than never .. buy more
2019-09-05 14:54 | Report Abuse
More opportunities for epf to grab more
2019-09-04 14:02 | Report Abuse
EPF and IOI shareholders continue to sapu non-stop.... better to take it private and relist later like maxis and astro
2019-09-04 14:01 | Report Abuse
IOI Corp and EPF can privatise ioiprop and relist later :)
Friday, 30 Aug 2019
5:23PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (1,000,000 units Acquired)
2:40PM IOIPG IOIPG - Notice of Book Closure
Thursday, 29 Aug 2019
6:57PM IOIPG OTHERS
6:57PM IOIPG OTHERS
6:56PM IOIPG Interim single tier dividend of 3.0 sen
6:54PM IOIPG Financial year end net profit 660.430 million (decreased 15.12%)
5:36PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (1,000,000 units Acquired)
Wednesday, 28 Aug 2019
5:38PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (405,900 units Acquired)
Tuesday, 20 Aug 2019
5:41PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (90,100 units Acquired)
Monday, 19 Aug 2019
5:41PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (854,900 units Acquired)
Friday, 16 Aug 2019
5:25PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (767,900 units Transacted)
Wednesday, 14 Aug 2019
5:55PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (449,900 units Acquired)
Tuesday, 13 Aug 2019
6:07PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (198,000 units Acquired)
Friday, 9 Aug 2019
5:35PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (103,500 units Acquired)
Thursday, 8 Aug 2019
5:49PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (120,000 units Acquired)
Wednesday, 7 Aug 2019
5:44PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (370,000 units Acquired)
Tuesday, 6 Aug 2019
5:14PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (95,300 units Acquired)
Monday, 29 Jul 2019
6:12PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (27,530,726 units Transacted)
Monday, 22 Jul 2019
5:59PM IOIPG DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
1:23PM IOIPG DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
1:20PM IOIPG LEE YEOW CHOR (50,000 units Transacted)
Friday, 28 Jun 2019
12:34PM IOIPG Change in Risk Committee
12:34PM IOIPG Change in Risk Committee (Amended)
12:34PM IOIPG Redesignation of TAN KIM LEONG@TAN CHONG MIN As Others
Thursday, 27 Jun 2019
5:41PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (1,502,000 units Acquired)
5:38PM IOIPG Change in Risk Committee
5:38PM IOIPG Redesignation of TAN KIM LEONG@TAN CHONG MIN As Others
5:37PM IOIPG Redesignation of LEE SAY TSHIN As Others
Wednesday, 12 Jun 2019
6:16PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (2,000,000 units Acquired)
Tuesday, 11 Jun 2019
5:40PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (2,847,000 units Acquired)
Monday, 10 Jun 2019
5:31PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (2,669,545 units Acquired)
5:31PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (21,527,741 units Acquired)
Friday, 7 Jun 2019
5:02PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (7,739,000 units Acquired)
Monday, 3 Jun 2019
5:40PM IOIPG WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
9:00AM IOIPG Demised of LEE SHIN CHENG As Chairman
Friday, 31 May 2019
5:12PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (10,000,000 units Acquired)
5:06PM IOIPG Retirement of LEE SHIN CHENG As Chairman
Wednesday, 29 May 2019
5:16PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (1,255,786 units Disposed)
Tuesday, 28 May 2019
5:43PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (3,817,000 units Acquired)
Monday, 27 May 2019
6:09PM IOIPG OTHERS
6:03PM IOIPG Nine-month net profit 520.912 million (increased 1.02%)
5:17PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (3,000,000 units Disposed)
Friday, 24 May 2019
5:45PM IOIPG DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
5:42PM IOIPG LEE YEOW SENG (1,300,000 units Acquired)
5:42PM IOIPG VERTICAL CAPACITY SDN BHD (1,300,000 units Acquired)
5:42PM IOIPG LEE YEOW CHOR (1,300,000 units Acquired)
5:42PM IOIPG LEE SHIN CHENG (1,300,000 units Acquired)
5:42PM IOIPG LEE YEOW CHOR (1,300,000 units Acquired)
5:42PM IOIPG LEE YEOW SENG (1,300,000 units Acquired)
5:42PM IOIPG LEE SHIN CHENG (1,300,000 units Acquired)
2019-09-04 07:53 | Report Abuse
Swap shares with ioi Corp to privatize ioipg? :) Ytlland
2019-09-03 14:50 | Report Abuse
will up like crazy soon like astro fell to about RM1 last time
2019-09-03 14:44 | Report Abuse
cantik
Added to Top Sector BUY
We add IOIPG to our top sector BUYs as we believe the 11% share price correction is a buying opportunity. Valuations are attractive at current Price/Book of 0.3x and FY20E PER of 10x. We trim our RNAV/share estimate to RM3.64 from RM3.66 to reflect higher net debt. Based on the same 50% discount to RNAV, we trim our TP to RM1.82 from RM1.83. Key downside risk is the prolonged local property market weakness.
Source: Affin Hwang Research - 30 Aug 2019
2019-09-03 14:42 | Report Abuse
terindah
IOI Properties - Set to Launch China Projects Worth 2.9bil yuan in GDV
Author: AmInvest | Publish date: Fri, 30 Aug 2019, 9:23 AM
Investment Highlights
We maintain our BUY recommendation on IOI Properties Group (IOIPG) with an unchanged fair value of RM1.89 based on SOP valuations (Exhibit 2). We make no changes to our FY20–FY21 earnings forecasts, and introduce FY22 net profit forecast at RM776.2mil.
IOIPG’s FY19 net profit of RM661.3mil (-12.3% YoY) came in within our expectations but below consensus at 91% of full-year estimates. Revenue fell by 17.7% mainly due to lower contribution from the property development segment. The higher PBT (+6.9%) is contributed by development projects in China, and a higher share of profit in joint ventures mainly arising from the sale of South Beach Residences in Singapore. However, net earnings fell by 12.3% mainly due to higher taxation. IOIPG recorded new sales of RM1.93bil in FY19, RM53.3mil higher than FY18 mainly contributed by sale of development projects in IOI Palm City, China.
The property development segment recorded a FY19 EBIT of RM613mil (+7.9% YoY) as a result of higher profit contribution from its development projects in China. The property investment segment remained stable, with a FY19 EBIT growth of 6.6% to RM207.9mil.
IOIPG is planning to launch projects worth 2.9bil yuan in GDV in FY20 with the main focus in Xiamen, China. The previous launch of properties in Xiamen back in September 2018 has seen positive results as the properties were almost fully taken up within a day.
We make no changes to our FY20–FY21 earnings forecasts, and introduce FY22 net profit forecast at RM776.2mil. Meanwhile, the upcoming investment properties in IOI Palm City, Xiamen, comprising 2.37mil NLA of retail and office are progressing well, and scheduled to be completed in stages from 2020. Also, the 1.5mil sq ft of retail and office area at Central Boulevard, Singapore, scheduled for completion in 2022, will provide additional revenue for the investment properties division moving forward.
We believe the outlook for IOIPG remains positive anchored by a strong contribution from its property development projects, particularly in China and Singapore, stable income from property investments and its growing leisure and hospitality business.
Source: AmInvest Research - 30 Aug 2019
2019-09-03 14:41 | Report Abuse
terendah dah hari ni :)
Market Cap: 6,299 Million
NOSH: 5,525 Million
Avg Volume (4 weeks): 2,070,666
4 Weeks Range: 1.14 - 1.29
4 Weeks Price Volatility (%):
0.00%
52 Weeks Range: 1.14 - 1.80
52 Weeks Price Volatility (%):
0.00%
Average Price Target: 1.88
Price Target Upside/Downside: +0.74
2019-09-03 14:40 | Report Abuse
target prices semua buy calls./// tunggu apa lagi :)
Price Target
Date Open Price Target Price Upside/Downside Price Call Source
30/08/2019 1.16 1.65 +0.49 (42.24%) BUY KENANGA
30/08/2019 1.16 2.04 +0.88 (75.86%) BUY HLG
30/08/2019 1.16 1.89 +0.73 (62.93%) BUY AmInvest
30/08/2019 1.16 1.82 +0.66 (56.90%) BUY Affin Hwang Capital
2019-09-03 14:39 | Report Abuse
beli sebelum terlewat haha
2019-09-03 14:39 | Report Abuse
EPF sudah holds 7%+ tapi beli berterusan haha
2019-09-03 14:38 | Report Abuse
collect 3sen dividend bulan ini 27 sep
Interim Dividend on 29-Aug-2019
Stock [IOIPG]: IOI PROPERTIES GROUP BHD
Announcement Date 29-Aug-2019
Financial Year 30-Jun-2019
Subject Interim Dividend
Type Dividend - Normal or Special
Description Interim single tier dividend of 3.0 sen per ordinary share
Amount RM 0.03
Ex Date 17-Sep-2019
Entitlement Date 18-Sep-2019
Payment Date 27-Sep-2019
2019-09-03 14:37 | Report Abuse
mari3 join EPF invest bersama :)
EMPLOYEES PROVIDENT FUND BOARD 27-Aug-2019 Acquired 1,000,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 26-Aug-2019 Acquired 1,000,000 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 23-Aug-2019 Acquired 405,900 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 15-Aug-2019 Acquired 90,100 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 14-Aug-2019 Acquired 854,900 0.000 View Detail
EMPLOYEES PROVIDENT FUND BOARD 13-Aug-2019 Acquired 462,900 0.000 View Detail
2019-09-03 14:36 | Report Abuse
fire sale price grab3
30-Aug-2019 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 1,000,000 shares on 27-Aug-2019.
30-Aug-2019 Price Target IOI Properties Group Bhd - Within Our, Below Consensus
Source : KENANGA, Price Call : BUY, Price Target : 1.65
Last Price : 1.14, Upside/Downside : +0.51(44.74%)
30-Aug-2019 Price Target IOI Properties Group - Missed Estimates
Source : HLG, Price Call : BUY, Price Target : 2.04
Last Price : 1.14, Upside/Downside : +0.90(78.95%)
30-Aug-2019 Price Target IOI Properties - Set to Launch China Projects Worth 2.9bil yuan in GDV
Source : AmInvest, Price Call : BUY, Price Target : 1.89
Last Price : 1.14, Upside/Downside : +0.75(65.79%)
30-Aug-2019 Price Target IOI Properties - FY19: Delayed China Launch
Source : Affin Hwang Capital, Price Call : BUY, Price Target : 1.82
Last Price : 1.14, Upside/Downside : +0.68(59.65%)
29-Aug-2019 Entitlement IOI PROPERTIES GROUP BHD declared Interim Dividend - RM 0.03, the Ex Date on 17-Sep-2019.
29-Aug-2019 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 1,000,000 shares on 26-Aug-2019.
2019-09-03 12:56 | Report Abuse
tough time but for genting bhd, higher profit pula haha
2019-09-03 12:55 | Report Abuse
Thursday, 29 Aug 2019
7:10PM GENTING 1H net profit 2.028 billion (increased 4.50%)
2019-08-31 21:32 | Report Abuse
Ytl both construction and cement segment will boom further when HSR restart next year.
2019-08-31 21:31 | Report Abuse
HSR will restart in May 2020 :)
PUBLISHEDJAN 31, 2019, 9:07 PM SGTUPDATEDFEB 1, 2019, 6:26 AM
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Adrian LimPolitical Correspondent
SINGAPORE - Malaysia informed Singapore on Thursday afternoon (Jan 31) that it has remitted $15 million as payment for the abortive costs the Republic incurred as a result of the Kuala Lumpur-Singapore High-Speed Rail (HSR) project being suspended.
Singapore's Ministry of Transport (MOT), in response to media queries, said in a statement on Thursday (Jan 31) that it has received confirmation from the Malaysian government, through diplomatic correspondence, that the reimbursement has been made.
The amount was agreed last September when both countries inked a deal to suspend the HSR project for about two years, up to May 31, 2020. The reimbursement was to be made by the end of January 2019.
2019-08-30 23:52 | Report Abuse
YTL Corporation Berhad is an integrated infrastructure developer with extensive operations in countries including Malaysia, the United Kingdom, Singapore, Indonesia, Australia, Japan, Jordan and China and total assets of RM71.3 billion (USD17.0 billion) (as at 31 March 2019). The core businesses of the YTL Group comprise utilities, construction contracting, cement manufacturing, property development and investment, hotel development and management, e-commerce initiatives and internet-based education solutions and services.
YTL Corp is amongst the largest companies listed on Bursa Malaysia Securities Berhad (the Kuala Lumpur stock exchange) and is a component of the FTSE Bursa Malaysia Mid 70 Index. YTL Corp has also had a secondary listing on the Tokyo Stock Exchange since 1996 and was the first non-Japanese Asian company to list on the Tokyo exchange.
YTL Corp, together with its listed entities in Malaysia (YTL Power International Berhad, YTL Land & Development Berhad, YTL Hospitality REIT and Lafarge Malaysia Berhad), has a combined market capitalisation of approximately RM22.8 billion (USD5.5 billion) as at 31 July 2019. YTL Corp also has a stake in Singapore-listed Starhill Global REIT, which owns prime retail assets in Singapore, Malaysia, Japan, China and Australia.
The YTL Group is committed to producing world class products and services at competitive prices. This corporate philosophy has enabled the YTL group to build up a growing customer base of more than 12 million customers globally over the last 30 years.
Since 1955, YTL has been in the business of nation building.
Building is at the heart of what we do. From building schools, hospitals, and national infrastructure in Malaysia to providing electricity, water, sewerage and environmental services, cement and building materials, education technology, technology, homes and award-winning hotels and luxury resorts worldwide.
Our work stands the test of time because we turn the right opportunities into the right thing, and the right thing into lasting value. YTL is about building value that is not simply lasting, but worthy of lasting.
Our family values have made us stronger, kept us together, and allowed us to be where we are today with confidence.
Honesty. Hard Work. Moral Responsibility. Togetherness. Vitality.
These core values are the essence of who we are, and defines what we choose to do, the compass that points us to the right thing.
YTL. Building The Right Thing.
2019-08-30 23:49 | Report Abuse
Awards
As one of Malaysia's best managed companies, YTL Corporation has won numerous awards and come out tops in numerous surveys over the years, including awards from "The Far Eastern Economic Review", "Asia Week", "CIO Asia" and many others. YTL Corporation's most recent accolades came from "Finance Asia" magazine, when it was highlighted under the categories "Most Committed to Corporate Governance", "Best Financial Management" and "Best Managed Company".
The Numerous Awards For YTL Corporation alone:
YTL Corporation BerhadOpen or Close
2018
YTL Corporation was honoured with the award 'Company of the Year', in the category of Conglomerate for CSR Malaysia Awards 2018.
YTL Corporation won the 2018 Global Responsible Business Leadership Awards, in the category of Community Empowerment Excellence.
2017
YTL Corporation was awarded Golden Jubilee Award at ASEAN @ 50 Award Ceremony.
2016
YTL Corporation awarded the 2016 6th Annual Institutional Investor Awards for Corporates for "Strongest Adherence to Corporate Governance" and "Best Annual Report in Malaysia"
2015
YTL Corporation Berhad rated as Malaysia's Best Real Estate Developer (Overall) in Euromoney Real Estate Awards 2015
Ruth Yeoh - Recipient of Malaysia's Top 100 Most Impactful Young Leaders Award 2015
2014
YTL Corporation Berhad awarded "Gold prize for the Best Workplace Practices" at the Global CSR Summit and Awards 2014
Ruth Yeoh - Recipient of Malaysia's Top 30 Green Catalysts 2014 at the GreenTech Awards
2013
YTL Corporation Berhad awarded the MBA Conglomerate of the Year Award at 5th Malaysia Business Awards 2013 organised by ASEAN Business Advisory Council Malaysia in colloboration with the Kuala Lumpur Malay Chamber of Commerce
YTL Corporation Berhad awarded the "Strongest Adherence to Corporate Governance and Best Strategic Corporate Social Responsibility " in 3rd Annual Southeast Asia Institutional Investor Corporate Awards
2012
YTL Corporation Berhad awarded the "Singapore Environmental Achievement Award (Regional) 2012" by the Singapore Environment Council
YTL Corp ranked No. 4 in "Top 50 Malaysian Brands" by Brand Finance, UK
2011
YTL Corp awarded the "Corporate Platinum Award" at the Community Chest Awards 2011 by Community Chest of Singapore
YTL Corp ranked No. 5 in "Top 50 Malaysian Brands" by Brand Finance, UK
YTL Corp listed by MB100 as largest Listed Non-GLC Company in Malaysia
2010
YTL Corp listed by MB100 as Largest Listed Non-GLC Company in Malaysia
YTL Corporation ranked No. 3 in "Top 50 Malaysian Brands" by Brand Finance, UK
2009
YTL ranked No. 5 in "Top 50 Brands in Malaysia" as rated by Brand Finance, UK
YTL Corp listed in "Forbes Global 2000"
2008
YTL listed amongst Malaysia's 20 Most Valuable Brands, as valuated by the Association of Accredited Advertising Agents Malaysia (4As) and The Edge Malaysia
YTL Corp listed in Asean Top 100 and Malaysian Top 100 Companies in Shareholder Wealth Creation
2007
YTL listed amongst Malaysia's Most Valuable Brands by The Edge Malaysia
2006
YTL listed in Top 5 in AWSJ's most Admired Malaysian Corporations
2005
YTL Corp listed in "Forbes Global 2000"
YTL Corporation Berhad listed among Malaysia's Top 30 Companies as reported by S&P and RAM
2003
YTL listed in Far Eastern Economic Review 2003 as one of "Asia's Leading Companies"
2002
YTL voted among "Asia's Best Companies 2002 (Malaysia)" in FinanceAsia
2019-08-30 23:47 | Report Abuse
good diversification, what a biz portfolio!
YTL Key Activities
Utilities
Operation and Maintenance (O&M) Activities
Cement Manufacturing
Construction Contracting
Property Development
Hotels and Resorts
Technology Incubation
REIT
2019-08-30 21:07 | Report Abuse
I think HSR will go ahead like ECRL due to huge compensation involved plus a good stimulus to the economy which has multiplier effects in the economy.... maybe, use samurai bonds to finance HSR with low interest rate.... maybe, with modification to lower the overall cost like ECRL
2019-08-30 21:05 | Report Abuse
HSR dateline is May 2020,,,.... otherwise, a huge compensation to be paid by Malaysia to Singapore.... haha
2019-08-30 21:04 | Report Abuse
Speed is important for many online players. New cash cow for YTL.... can bundle it with its Yes services offered, etc like maxis and Astro :)
YTL launches Asia’s first Terragraph trial in Penang
Author: savemalaysia Publish date: Mon, 18 Feb 2019, 11:03 AM
GEORGE TOWN, Feb 18 — YTL Communications has kicked off its trial launch of Terragraph in Penang. This is a new wireless technology developed by Facebook which aims to provide gigabit speeds in urban areas without the complexities of laying fibre. Malaysia is the second country in the world to kickoff Terragraph trials after Hungary.
The Terragraph trial is conducted in George Town, Penang for a period of six months. The city, which has legacy infrastructures and a prestigious Unesco status, makes it difficult to deploy fibre. With Terragraph, it is possible to provide the city with high-speed broadband access by utilising existing city furnitures such as street lamps, traffic lights and utility poles. As a result, it can be deployed faster and more cost efficient than fibre broadband.
The collaboration between YTL Communications and Facebook is line with the Malaysian government’s National Fiberisation and Connectivity Plan’s (NFCP) to provide high speed and high-quality internet access at affordable prices. According to YTL Communications, Facebook has provided a reference design for the Telegraph hardware which includes the tools and software needed to operate the technology.
During the launch event, YTL Communications had conducted a Terragraph speedtest that showed 1.3Gbps downloads and 1.7Gbps uploads. The Speedtest also recorded a latency of 13ms.
The Terragraph trial will run from March 1, 2019 and YTL will be offering the public free high-speed internet via Free Wi-Fi. They will also provide free Fixed Wireless Access for trial users in coverage areas. YTL Communications will study the trial results before introducing commercial plans. — SoyaCincau
2019-08-30 21:02 | Report Abuse
I think ytl share price will have a big jump once the terragraph services are launched commercially. Maybe, Klang valley also wants it , 5G still a long way or time to wait. This service could become a new cash cow for ytl....
2019-08-30 16:45 | Report Abuse
4%+++ dividend yield buy now..... next week takda lagi
2019-08-30 16:44 | Report Abuse
better late than never.... accumulate more ytl shares now............
2019-08-30 16:44 | Report Abuse
when HSR project is confirmed, a big jump await ytl corp share price too
2019-08-30 16:42 | Report Abuse
next week, surely back to at least RM1.05 and above per share
2019-08-30 16:42 | Report Abuse
now ytl has regained investors' confidence... maintain 4sen dividend although already bought lafarge, revenue grew by RM1bil+, buyback ytlland by swapping ytl share at 1.14, etc
2019-08-30 16:40 | Report Abuse
grab fast, before ytl carry out share buyback again and its directors buy more shares
2019-08-30 16:39 | Report Abuse
just buy now and collect dividend in Nov 2019... dividend yield is 4%++ together with capital appreciation potential too
2019-08-30 16:38 | Report Abuse
should be above RM1 at least... now, ytl showed growth in revenue, after acquring lafarge still maintaining the dividend of 4sen as per last year
2019-08-30 16:36 | Report Abuse
dividend always
29-Aug-2019 25-Oct-2019 DIVIDEND Interim Dividend RM 0.04 Dividend Detail
29-Aug-2018 25-Oct-2018 DIVIDEND Interim Dividend RM 0.04 Dividend Detail
29-Aug-2017 24-Oct-2017 DIVIDEND_SHARE Others 1 : 50 Dividend Detail
29-Aug-2017 24-Oct-2017 DIVIDEND Interim Dividend RM 0.05 Dividend Detail
25-Aug-2016 27-Oct-2016 DIVIDEND Interim Dividend RM 0.095 Dividend Detail
20-Aug-2015 05-Oct-2015 DIVIDEND Interim Dividend RM 0.0950 Dividend Detail
28-Aug-2014 29-Oct-2014 DIVIDEND Interim Dividend RM 0.095 Dividend Detail
20-May-2014 02-Jun-2014 DIVIDEND Interim Dividend RM 0.01 Dividend Detail
22-Nov-2013 27-Dec-2013 DIVIDEND Interim Dividend RM 0.015 Dividend Detail
21-Feb-2013 12-Mar-2013 DIVIDEND Second interim dividend RM 0.015 Dividend Detail
22-Nov-2012 26-Dec-2012 DIVIDEND Interim Dividend RM 0.01 Dividend Detail
18-Sep-2012 28-Sep-2012 OFFER_SALE Offer for Sale 1 : 15 Dividend Detail
29-May-2012 14-Jun-2012 DIVIDEND_SHARE Others 1 : 15 Dividend Detail
22-May-2012 08-Jun-2012 DIVIDEND Interim Dividend RM 0.02 Dividend Detail
25-Aug-2011 04-Nov-2011 DIVIDEND Interim Dividend RM 0.02 Dividend Detail
14-Apr-2011 26-Apr-2011 STOCK_SPLIT Others 5 : 1 Dividend Detail
07-Oct-2010 03-Dec-2010 DIVIDEND First and Final Dividend RM 0.1 Dividend Detail
15-Oct-2009 04-Dec-2009 DIVIDEND First and Final Dividend 15% Dividend Detail
20-Aug-2009 07-Sep-2009 DIVIDEND_SHARE Others 1 : 50 Dividend Detail
16-Oct-2008 05-Dec-2008 DIVIDEND Final Dividend 5% Dividend Detail
22-May-2008 06-Jun-2008 DIVIDEND Interim Dividend 15% Dividend Detail
22-Feb-2008 06-Mar-2008 DIVIDEND Second interim dividend 15% Dividend Detail
22-Nov-2007 11-Jan-2008 DIVIDEND First Interim Dividend 15% Dividend Detail
26-Nov-2007 12-Dec-2007 OFFER_SALE Offer for Sale 1 : 15 Dividend Detail
25-Oct-2007 10-Dec-2007 DIVIDEND Final Dividend 5%
2019-08-30 16:32 | Report Abuse
directors also had full confidence in their company... buy shares periodically
DATO' YEOH SEOK KIAN 29-Jul-2019 Acquired 29,818 - View Detail
DATO' YEOH SOO MIN 19-Jul-2019 Acquired 197,552 - View Detail
DATO' YEOH SOO KENG 12-Jul-2019 Acquired 48,420 - View Detail
DATO SRI MICHAEL YEOH SOCK SIONG 07-Mar-2019 Transferred 54,725,584 - View Detail
DATO SRI MICHAEL YEOH SOCK SIONG 01-Mar-2019 Acquired 54,725,584 - View Detail
DATO SRI MICHAEL YEOH SOCK SIONG 01-Mar-2019 Disposed 54,725,584 - View Detail
DATO' YEOH SEOK HONG 28-Feb-2019 Transferred 260,000 - View Detail
DATO' YEOH SEOK HONG 28-Feb-2019 Transferred 250,000 - View Detail
DATO' YEOH SEOK HONG 28-Feb-2019 Transferred 5,000 - View Detail
DATO' YEOH SEOK HONG 01-Jun-2018 Acquired 2,000,000 - View Detail
DATO' YEOH SEOK HONG 31-May-2018 Acquired 5,000,000 - View Detail
TAN SRI DATO' DR FRANCIS YEOH SOCK PING 30-May-2018 Acquired 2,000,000 - View Detail
TAN SRI DATO' DR FRANCIS YEOH SOCK PING 28-May-2018 Acquired 2,000,000 - View Detail
DATO' YEOH SOO KENG 25-May-2018 Acquired 1,000,000 - View Detail
TAN SRI DATO' DR FRANCIS YEOH SOCK PING 25-May-2018 Acquired 3,000,000 - View Detail
DATO' YEOH SOO KENG 11-Apr-2018 Others 10,000,000 - View Detail
DATO' YEOH SEOK KIAN 04-Apr-2018 Acquired 1,000,000 - View Detail
DATO' YEOH SEOK HONG 27-Mar-2018 Others 2,000,000 - View Detail
DATO' YEOH SEOK KIAN 27-Mar-2018 Others 10,000,000 - View Detail
DATO' YEOH SEOK KIAN 27-Mar-2018 Others 2,000,000 - View Detail
DATO' YEOH SEOK HONG 26-Mar-2018 Others 10,000,000 - View Detail
DATO' YEOH SEOK HONG 26-Mar-2018 Others 5,000,000 - View Detail
DATO' YEOH SOO MIN 26-Mar-2018 Others 10,000,000 - View Detail
DATO' YEOH SOO MIN 26-Mar-2018 Others 2,000,000 - View Detail
TAN SRI DATO' DR FRANCIS YEOH SOCK PING 26-Mar-2018 Others 2,000,000 -
2019-08-30 16:29 | Report Abuse
wow, all direct biz transactions this year above RM1.05
History
Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks
13/06/2019 00:00:00 1.1300 - 901,500 901,500 1.019m 1.019m 1.1300 0.0083 -
25/04/2019 00:00:00 1.2200 - 48.400m 193.589m 59.048m 236.179m 1.2200 0.4436 -
25/04/2019 00:00:00 1.2200 - 50.000m 193.589m 61.000m 236.179m 1.2200 0.4583 -
25/04/2019 00:00:00 1.2200 - 50.000m 193.589m 61.000m 236.179m 1.2200 0.4583 -
25/04/2019 00:00:00 1.2200 - 45.189m 193.589m 55.131m 236.179m 1.2200 0.4142 -
17/04/2019 00:00:00 1.0850 -0.1350 60.000m 296.626m 65.100m 321.839m 1.0850 0.5499 -
17/04/2019 00:00:00 1.0850 -0.1350 60.000m 296.626m 65.100m 321.839m 1.0850 0.5499 -
17/04/2019 00:00:00 1.0850 -0.1350 38.269m 296.626m 41.522m 321.839m 1.0850 0.3508 -
17/04/2019 00:00:00 1.0850 -0.1350 21.731m 296.626m 23.578m 321.839m 1.0850 0.1992 -
17/04/2019 00:00:00 1.0850 -0.1350 60.000m 296.626m 65.100m 321.839m 1.0850 0.5499 -
17/04/2019 00:00:00 1.0850 -0.1350 56.626m 296.626m 61.439m 321.839m 1.0850 0.5190 -
07/03/2019 00:00:00 1.0900 0.0700 970,292 970,292 1.058m 1.058m 1.0900 0.0089 -
01/03/2019 00:00:00 1.0500 -0.0100 54.726m 54.726m 57.462m 57.462m 1.0500 0.5016 -
2019-08-30 16:26 | Report Abuse
salute YTL... acquired lafarge but still able to maintain 4sen dividend.... when the economy rebound, expecting higher dividend in the coming years
Stock: [MUIPROP]: MUI PROPERTIES BHD
2019-09-10 16:06 | Report Abuse
pe RATIO LESS THAN 8 TIMES