Posted by ocbc > 2022-08-12 18:30 | Report Abuse

ytl corp better lah

Posted by dragon328 > 2022-08-14 11:25 | Report Abuse

YTL Corp is slightly better in the sense of much higher upsides in the long run, underpinned by different business sectors in utilities, 5G, cement, hotels, shopping malls, property development, digital bank etc. Diversified business portfolio will ensure YTL Corp to sustain long term growth in different economy cycles.

But it is undeniable that IGBB owns some of the most successful shopping malls, hotels and office buildings in the country and abroad. The management of IGBB definitely has good insight in developing good quality assets that can bring in sustainable cashflows. Furthermore, IGBB has quite a few potential catalysts that may be realised in next 12-24 months.

We need to diversify our stock holdings so that we can benefit from growth from different companies and different sectors, and potentially faster asset monetisation plans of their management.

These are all good quality companies worth long term holding. We do not know which company share price will run up first, it depends on when the management will be able to carry out earnings accretive corporate plans and when there will be good news for the sectors they operate in.

Posted by berbolabiru > 2022-08-14 16:54 | Report Abuse

too expensive rm6.. no

Posted by dragon328 > 2022-08-14 17:25 | Report Abuse

Yes, RM6.00 may sound high for IGBB at current moments, but I believe once it carries out the proposed corporate exercises to unlock its assets value, it will have annual operating cashflows of RM390 million or 43 sen per share. It will be able to declare high dividends of over 24-30 sen then to support a share price of RM6.00 at prospective dividend yields of 4.0% to 5.0%.

It will be a gradual re-rating as it tries to unlock its asset value one by one. Patience is the key.

Posted by 10bagger10 > 2023-01-01 08:57 | Report Abuse

@Dragon328, igbreit or igbb u prefer?

Posted by dragon328 > 2023-01-03 11:40 | Report Abuse

I prefer IGBB to IGB REIT, as IGBB will have higher upside as it embarks on the corporate exercises as mentioned in my article. IGB REIT has the advantage of giving higher dividend yields now at about 5% p.a. but share price may not have much upside as interest rates go up.

Posted by stockraider > 2023-01-03 12:24 | Report Abuse

Assets wise undervalue....but generation ability not so good loh!
As a result ROE low loh!

Posted by dragon328 > 2023-01-03 16:29 | Report Abuse

IGBB earnings are at low level now as it is saddled with high debts and high interest expenses, and also high depreciation charges. Once Mid Valley Southkey JB and the new hotels / office towers are injected into REIT, then IGBB will be freed up from high interest expenses and depreciation charges.