i am onboard :)

@selectelive_contrarian yes, i noticed the spread after reading your comments.Good to know that... this is different from stocks i invested before

@The_Reds
Thanks for your points too. I wasn't that iubb owns 100% of i-santorini

@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 :)

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?

hello, a newbie question here:
Does the profit margin(the %) of property development business usually rises towards the end of project completion?

wouldn't the ESOS drag down n2n price? earnings diluted employee gets the share at discounted price

5 mil is almost the net profit of previous quarter... will next qtr report looks bad?

noted. thanks for the clarification

Bad as in they might switch part of the manufacturing to vietnam if it's cheaper?

the JV between Nike and Vietnamese company is a good/bad news for magni?

Referring to latest qtr report, the investment in securities is making loss

when will the dividend be distributed?

something is coming?

dropped from rm1 to below 70 cents... people are dumping as if this stock is incurring losses... interesting

To me
1. it's not the deal slipped away, just the JV cancelled. if this project is handled well alone that means more profit for ioipg
2. owner is buying back thr shares - as least they showed some confidence on it

Bloomberg data showed that the shares were crossed in four blocks for an aggregate amount of RM19.87 million.

Of this, three blocks totalling 7.59 million shares were done at 80 sen apiece, for an amount of RM6.07 million. This represents a discount of 12.6% to its closing price of 91.5 sen on the open market today.

Another block of 15 million shares were done at a slight premium of 92 sen for RM13.8 million in total.

company itself and major shareholder are selling...why?

question:since wa exercise price is lower than stock Price, why does people still purchase stock directly instead of buy wa convert?

suddenly there is a hike, is good news coming?

yea price stabilizing and up bit by bit :D

@Richboo what good news?

@WD40 thanks for the clarification

@WD40 what is Sp?

how was the agm?

Good result but why price dropping?

hello, newbie here, may i know when is the target quarterly report date? and usually from where do we get to know the date?