Blog: IOI CORP (1961) AT RM4.35 :LOOKS LIKE AN OVERLOOKED GEM NOW IN LIGHT OF ITS HISTORICAL HIGH OF RM6.53, Calvin Tan

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1 comment(s). Last comment by calvintaneng 2022-04-10 22:42

calvintaneng

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Posted by calvintaneng > 2022-04-10 22:42 | Report Abuse

Further note

IOI CORP owns 31.4% of Bumitama listed in Singapore

On Feb 16th Bumitama closed at 63.5 sen & now 77 sen

So Bumitama is up by 21%

IOI Corp only up by 1.8%

See
https://sgx.i3investor.com/servlets/stk/chart/p8z.jsp

This is another reason why IOI Corp is undervalue

Once EPF finished selling IOI CORP just as it did with TSH then IOI CORP will rise to its real Fundamental Value

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