The entire AGM is merely script reading, no strong emphasis on which growth pillar and 12 months plans

Nothing exciting, things are just too predictable

Recent acquisitions require 13-21 years of payback as specified by the cfo, my god

The Board seems just accepted it

Yes proactive and engaging: clearly we don’t see this

And now we know why IOIPG PR exercise is weak in many aspects, own ground AGM also can’t bring in fire and passion on what they’re doing

This casts doubt on IOIPG marketing and branding strategy too; they’re just relying on land bank and sit there do nothing or play safe

No positive development over 3.5 hours session, this conclude the day

EPF issued statement to object Shenton voting and proposal

EGM update: Shenton voting even as project manager officially withdrawn

GENB latest AGM showed higher level of professionalism and commitment with solid plans to bring the group storm through the current market conditions

What IOIPG is doing? Looks like low morale within the Board, no excitement no pulse

CFO answered 85%, Chris answered 5-7%, SG Lorraine answered some

LYS doesn’t even look to his colleagues, just staring front for over 3 hours

LYS showed poker face & don’t look interested with today AGM; even starring at phone for few minutes

Yes he’s under the spotlight given recent series of acquisitions are placed under his helm

Not convincing: 5.5/10

Quite a few biz unit still running underperformed

Floor been asking few rounds on breakeven occupancy and no further updates given on how to fetch

Sunway reit better than IOIPG
Gamuda tie Senior management with KPI on share performance, but IOIPG just stay conventional

His strategy on the division unclear: avoid few questions during AGM

TGM side floor asked the target occupancy rate to be breakeven but he avoided

He started off with cost trimming initiative

Both: TGM and IOIRIO

he replied TGM to rebrand in Feb/March 25; IOIRIO Capex 700 mil

100 acre land size deal for data centre to announce soon

Say NDA signed

Chris Chong as property investment head, his statement is not well thought

Seascape and cape royale unsold stock SGD 1.34 billion, now out for rental, FY 24 only got 2.5% rental yield

Optimal gearing from management is 0.4x, now at 0.7x it is


All 3 acquisitions done will bring gearing to 0.75x

Data centre sales still very much premature in KL

REIT listing framework still in progress, not so soon

The management expect ICBT to contribute RM 200 mil lease income for FY25, vs RM 40 mil in just few months of FY24

Guys, any thoughts?

https://www.klsescreener.com/v2/announcements/view/7973073

UOB top picks: Lagenda

https://www.thestar.com.my/business/business-news/2024/09/25/new-sfz-incentives-to-buoy-forest-city

Sure? Been waiting for this, RM 2.16 for so many consecutive trading days

Maybank TP: 2.71

Seems like strong tailwinds ahead for AAX

Good rally coming up, with year end and 2025 festive booking: can rack in handsome profit and turn the table

Few trading days at good volume but share price not picking up, faced some resistance at 2.16

Gamuda no more involvement in HSR, they withdrew in 2018

With Northern Solar approval, can unleash Lagenda valuation to min RM 1.60

Handsome profit

Soon to refresh the all time high, fingers crossed

Gamuda is on superb rally, with 5 trading days till 4Q QR: which is highly likely to be record profit

IOIPG BOD to rush for the bandwagon? Or just hold again?

Are they close with Johor royal?

Time to leap? Let’s brew

In 3 weeks time, once EGM approves, can AAX reach RM 1.90-1.95?

And now Capitaland have the capacity to buy stake in Club Med, multi billion euro deal

When you have the track record and cash pile: 2nd and 3rd tier properties are the main dishes

Sure, wanted to keep my portfolio in green haha

IOIPG by valuation on NTA, really can unleash for mega REIT: 2nd gen Lee’s legacy is coming up

Possible to land at 2.20 by end of this week? Seeing some upward consistency

Now fund buying in for Sept end QR = 2024 full year result?

By end of this week can fetch RM 8?

Few rounds of ESOS kicked in for the past 4-6 weeks

At least 2 major tender results to release soon: let’s eye for 8.80-9.20

PE 5, really undervalued by two times

Really need to add some spice to brew the numbers

Who’s acting panic and sell today?

Hmm need to hold for min 6-7 months

Unless got tailwinds and make the counter enticing again

Yeah this brings the numbers back to required level; next is to push for REIT and lift further to 2.90-3.10

And now decline Shenton acquisition

Means quicker move into reit?
https://theedgemalaysia.com/node/724672

VT just committed for Nordic with Starbucks

Thought it’s Hextar Retail as they did the same move like NWP Auro Holdings with Heytea

Yaa I wonder too

From BJF internal HR to external mall leasing: cover up so tight wor

Today rumour BJF brings Luckin Coffee in, expect to commence in Sept

I wonder

Heard that term sheet already signed, Sept to roll out first store

Now working on manpower hiring, those with Starbucks MY profile

Looking at NTA fair value should be at 1.39

With the unbilled sales and prospect, 15% premium on NTA will land at 1.60

This week 1.60 is possible?