IGB CORPORATION BHD

KLSE (MYR): IGB (1597)

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Last Price

2.97

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


3 people like this.

418 comment(s). Last comment by KKP05 2022-02-28 06:20

ST

405 posts

Posted by ST > 2012-01-12 09:40 | Report Abuse

any insight on this stock??

ST

405 posts

Posted by ST > 2012-01-12 14:47 | Report Abuse

sudden surge to 2.64....

stonely

75 posts

Posted by stonely > 2012-02-23 12:33 | Report Abuse

This stock worth to keep. It own more than 75% KASSETS shares which price from 4 up to 6.6 today. IGB latest financial shown profit-up 36% & profit margin up 30.8% #compare last year quater. Summary, IGB = Good counter. Happy Trading :p

tcr5585

153 posts

Posted by tcr5585 > 2012-02-28 15:45 | Report Abuse

any news and y up during bearish?

Mohd Shuk

725 posts

Posted by Mohd Shuk > 2012-03-28 21:57 | Report Abuse

LOW VOLUME TAPI TERBAIK!!! SIMPAN!!!

Mohd Shuk

725 posts

Posted by Mohd Shuk > 2012-03-29 20:59 | Report Abuse

Kaji dan Beli!!!

chongkonghui

1,117 posts

Posted by chongkonghui > 2012-04-20 16:00 | Report Abuse

AMMB report can trust? They also give high TP BENALEC but totally far far away from the target.

chongkonghui

1,117 posts

Posted by chongkonghui > 2012-04-20 16:01 | Report Abuse

Good News. The Company share buy back scheme is supporting the price. on 19.4.2012 it bought 1.1m shares from market between RM2.74 to RM2.77

chongkonghui

1,117 posts

Posted by chongkonghui > 2012-05-09 17:06 | Report Abuse

IGB owns 75.75% of KrisAssets. KrisAssets traded around RM7.00 now but IGB only RM2.75. IGB seriously under-valued??

chongkonghui

1,117 posts

Posted by chongkonghui > 2012-05-14 11:58 | Report Abuse

Another TP report by AMMB, why? Seem like AMMB desperate to push...

Posted by stockpro > 2012-06-19 18:34 | Report Abuse

Hie, this counter can trust? Dunno have to keep how long to get profit? Any comments?

chongkonghui

1,117 posts

Posted by chongkonghui > 2012-06-21 00:24 | Report Abuse

Don't know how long to wait for the value to surface, like Pharmaniaga?

Posted by stockpro > 2012-06-21 09:00 | Report Abuse

Ha ha.Phamaniaga totally extremely unusual.

sglim

3 posts

Posted by sglim > 2012-06-27 22:22 | Report Abuse

pls C today The edge news... IGB will having net cash value of RM484 million after disposing 2 shopping malls into IGB REIT.Do u all think it'll up or down!!!! i don't know??? someone pls

hw0706

745 posts

Posted by hw0706 > 2012-06-27 22:28 | Report Abuse

ALSO GOLDIS

Posted by lotsofmoney > 2012-07-21 10:29 | Report Abuse

sure to go up.

KC Loh

13,701 posts

Posted by KC Loh > 2012-07-21 12:22 | Report Abuse

sglim, on the short term it will go up, on the long run, depending if the REIT is its sole income (from stake holding div payout), then i think it will be a lame duck!

you need to find what is IGB venturing into next! good management like IGB would surely have some other catalysts up its sleves utiliting the 400mn+ cash hoard.

jack_ng

41 posts

Posted by jack_ng > 2012-08-08 13:53 | Report Abuse

"To entitle for IGB REIT U can BUY IGB from market OR from IPOs for the public.

The ratio is 8 units of IGB REIT for every 100 units of IGB shares held@ rm1.25 per share.

The ex date is 15 Aug 2012."

I got this message from my remisier.

chongkonghui

1,117 posts

Posted by chongkonghui > 2012-08-09 11:35 | Report Abuse

Hold 12,500 IGB Shares, you will entitle for 1,000 shares in IGB REITs (of course, need to pay, not free)

chongkonghui

1,117 posts

Posted by chongkonghui > 2012-08-22 17:37 | Report Abuse

A good company but closing lower and lower....

Really testing patience...

ledzepp

372 posts

Posted by ledzepp > 2012-08-24 10:42 | Report Abuse

IGB also on a free FALL?

MCWONG

402 posts

Posted by MCWONG > 2012-08-24 10:57 | Report Abuse

i think will going down to 1.95

ngohieng

51 posts

Posted by ngohieng > 2012-08-24 12:49 | Report Abuse

Any reason for the fall?

NavinShah

301 posts

Posted by NavinShah > 2012-08-24 12:54 | Report Abuse

IGB, shares will go down. First it will have take lots of money to buy ovewr Kris.

MCWONG

402 posts

Posted by MCWONG > 2012-08-24 15:06 | Report Abuse

igb keep money for new project ....

passerby

2,877 posts

Posted by passerby > 2012-09-05 17:18 | Report Abuse

they are extending the dateline for the blue form application http://www.bursamalaysia.com/market/listed-companies/company-announcements/1056621

passerby

2,877 posts

Posted by passerby > 2012-09-11 17:24 | Report Abuse

sigh... - IGB-REIT IPO application money have been credited back to AC...failed to the IPO

ninja

47 posts

Posted by ninja > 2012-09-11 18:28 | Report Abuse

Me too. May consider buying on listing day. Hope the premium is not too high.

waily

42 posts

Posted by waily > 2012-09-12 12:35 | Report Abuse

when is the ipo date?

potenza10

1,217 posts

Posted by potenza10 > 2012-09-12 13:30 | Report Abuse

closed at 4/9

Posted by justinlim99 > 2012-09-18 23:29 | Report Abuse

can buy IGBshare already

hw0706

745 posts

Posted by hw0706 > 2012-09-19 19:39 | Report Abuse

buying IGB

hw0706

745 posts

Posted by hw0706 > 2012-09-23 08:45 | Report Abuse

look like IGB is going down. hopefully after election will be back in favour

Posted by herbert 456 > 2012-09-23 09:28 | Report Abuse

hw0706,

Looking at the VOLUME last friday, I think the BUYING is already ON...... Meaning new punters have started to pick up this counter for later push higher....

If you analyse the morning trade last Friday, the punters were pushing it higher but not sustainable...... So, probably the same punters tried another strategy that was sell higher and buy back lower...... And that happened in the afternoon trade. So, by looking at the behaviour, I think the same punters will TRY to push it higher again in near future..... If that happens, you will be SMILING dy.... LOL :))

Good day!!

hw0706

745 posts

Posted by hw0706 > 2012-09-23 11:46 | Report Abuse

but whatever it is, now have to pick stock for 2013. any suggestion.

avenger88

522 posts

Posted by avenger88 > 2012-09-23 13:49 | Report Abuse

how come IGB keep drop..

KC Loh

13,701 posts

Posted by KC Loh > 2012-09-23 14:38 | Report Abuse

IGB will drop because their assets is transferred to IGBREIT recently. That would be my conclusion of that!

avenger88

522 posts

Posted by avenger88 > 2012-09-23 16:56 | Report Abuse

so IGB not able to earn money much for future?

KC Loh

13,701 posts

Posted by KC Loh > 2012-09-23 17:11 | Report Abuse

depends. I think IGB still has a good size landbank (in Ipoh if not mistaken)! got to check their records. Maybe they are using the proceeds from "transfer" of assets to raise capital for new building? you never know!

Posted by herbert 456 > 2012-09-23 21:07 | Report Abuse

In layman's term, IGB raised some extra cash from the floatation of their assets via IGBREIT. So, it is a good move and strategically, they are still the controlling shareholders holding 51% of IGBREIT.

However, most investors don't like these kind of strategies because they think that their interests get diluted. BUT, that is how business can grow and keep on growing.

Just like asking oneself, if you hold 10 different properties and you think you are rich because you have 10 assets. But at times of trouble, you probably want to dispose of some of these properties, and hold some cash in case of emergency and buy something more valuable. Thus, IGB is doing exactly that, and investors alike should support this move, which most of us would probably end up doing, just that we do it in smaller scale.

Well, now that IGB is trading at its net asset value, it's time for investor to take a look at this counter.... :))

hw0706

745 posts

Posted by hw0706 > 2012-09-23 21:33 | Report Abuse

so it is a sell at the moment

Posted by herbert 456 > 2012-09-24 08:07 | Report Abuse

It should be a BUY..... with so much cash raised from IGBREIT, they can do wonders in the market.... Unless you think holding cash now is not a good idea....

hw0706

745 posts

Posted by hw0706 > 2012-09-24 14:38 | Report Abuse

IGB Down

Posted by herbert 456 > 2012-09-24 14:44 | Report Abuse

Buy more....

Posted by herbert 456 > 2012-09-25 08:14 | Report Abuse

The punters are really getting the share price down, sigh!!! ..... BUT the company has so much cash now that it keeps on Buyback its shares ..... The next thing you know, it will declare a bonus issue of share dividend, and whoa!! the share price rally like mad in Feb 2011 ..... It is possible that this will happen, seeing that the Company is very aggressive in buying back its shares now..... Keep on watching!!!

hw0706

745 posts

Posted by hw0706 > 2012-09-25 12:21 | Report Abuse

still buying

Posted by herbert 456 > 2012-09-25 12:28 | Report Abuse

Nimbling....

avenger88

522 posts

Posted by avenger88 > 2012-09-25 20:23 | Report Abuse

how come keep dropping..

hw0706

745 posts

Posted by hw0706 > 2012-09-25 23:23 | Report Abuse

keep dropping. see epf finish selling whereas IGB keep buy back

hw0706

745 posts

Posted by hw0706 > 2012-09-26 16:44 | Report Abuse

look like IGB drop is not ending.

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