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

captros

152 posts

Posted by captros > 2012-09-26 17:55 | Report Abuse

Herbert, what would the profit expectation for next reporting quarter. Expected fall in income,the profit will be diluted cos sharing of the profit with other IGBreit shareholders? New cash will only generate income another one or two years to come. A layman view..

chongkonghui

1,117 posts

Posted by chongkonghui > 2012-09-26 18:11 | Report Abuse

wow, 4-week low today. what happening?? Created by Market Maker?

Share buy back is already 4.11% (max 10%).... the more they buy, the better for us. (not yet having position after sold in Jul 2012) .... (luckily...)

dknycom

1,234 posts

Posted by dknycom > 2012-09-26 19:01 | Report Abuse

I BELIEVE WILL COME TO RM 2 VERY SOON IF CONTINUE DROPPING TILL NEXT WEEK.

talk2pkc

2,298 posts

Posted by talk2pkc > 2012-09-26 19:16 | Report Abuse

Agreed 2.00 n below is not too far fr here , just sit & wait mahh , ha ha

hw0706

745 posts

Posted by hw0706 > 2012-09-26 20:39 | Report Abuse

wait and see. i just wonder what EPF is doing. so that;s why our EOF return is damn low.

Posted by herbert 456 > 2012-09-26 22:27 | Report Abuse

I doubt that the coming quarter-end will be any big impact, yet it is still couple of months to go before the results are released. But the trade is the current trend.... Some of us may be clueless as to why the Company keep buying back its shares, when the daily volume since last Friday, had almost Tripled that for the past one month average....

If we look back on this counter's trend, it has similar pattern in 2011, of which they ended up giving out bonus shares to its shareholders. Thereafter, the share price moved like crazy, and the warrant play was very active then ..... This is a very smart move for a Company which holds lots of cash, and similarly sustaining pricing of its shares, by buying back in droves continuously ....

Whenever the counter drops like this, it is time for punters to start looking for opportunity to buy.... coz u will not regret the rally which will entails thereafter...

Good luck!!

necro

4,726 posts

Posted by necro > 2012-09-26 23:02 | Report Abuse

herbert pls explain in easy word..

captros

152 posts

Posted by captros > 2012-09-27 00:09 | Report Abuse

Yeah herbert you are right. No wonder saw you and few others familiar names in the forums at ctr that had drop tremendously i.e., IJM, DRB, IGB, air asia etc. where these are the best place for hunting.

necro

4,726 posts

Posted by necro > 2012-09-27 00:54 | Report Abuse

RM2.00 is the BEST to PUT AND LEFT...open eyes wow!!RM24K!!
huhuhu

Posted by herbert 456 > 2012-09-27 09:14 | Report Abuse

WATCH OUT for IGB breakout this morning!!!!

chongkonghui

1,117 posts

Posted by chongkonghui > 2012-09-27 09:19 | Report Abuse

New 4-week low today 2.19... going to 2.00???

Posted by herbert 456 > 2012-09-27 09:37 | Report Abuse

The support level is expected to be around RM2.20 and this morning, big support sitting there ... Yet to see if it can go so low to 2...

Posted by herbert 456 > 2012-09-27 10:09 | Report Abuse

Now trading at 2.22 ..... another sign of the selling pressure is off the downtrend for now....

hw0706

745 posts

Posted by hw0706 > 2012-09-27 16:21 | Report Abuse

see can close at 2.22

chongkonghui

1,117 posts

Posted by chongkonghui > 2012-09-28 10:17 | Report Abuse

My understanding....

IGB (father) holds 75.13% in KASSETS (son)

KASSETS holds 83.54% in IGBREIT (grandson)

Why IGBREIT so much more valuable than IGB???

Does it mean, IGB is seriously under-valued?

Posted by herbert 456 > 2012-09-28 10:37 | Report Abuse

It is very much so.... U can start checking out the IGB price .... Moving up now!!

Posted by isseymiyake > 2012-09-28 10:47 | Report Abuse

Next week kasset going to give 524:100 to their share holder. Meaning kasset going to shrink in market capital. Igb holding kasset will have kasset market capital shrink and receive more igb reit shares. Hmmm what implication to igb after kasset offer in specie of 524:100 ? Shall see next week

Posted by herbert 456 > 2012-09-28 11:10 | Report Abuse

No need to wait for next week. ..... The share price already moving NOW!!!!

Posted by herbert 456 > 2012-09-28 13:01 | Report Abuse

Already moved 7 sen higher ..... Whoa!!!!

hw0706

745 posts

Posted by hw0706 > 2012-09-28 13:08 | Report Abuse

see how high can go. already buy a lot.

Posted by herbert 456 > 2012-09-28 14:28 | Report Abuse

Shhhhhh , IGB is looking good to touch 2.30 today ...... why not look at the warrants too.... the warrant play can be very handsome return, given that not many punters are aware of the price movement yet....

For those who had bought yesterday and sell today would be Laughing Out Loud (LOL) !!!!!

Posted by herbert 456 > 2012-09-28 14:46 | Report Abuse

Shhhhhhh. ..... IGB touched RM2.30 at 2.30 pm ....... !!!!! Whoa!!!

IGB ----- HUAT ARR!!!

Posted by herbert 456 > 2012-09-28 14:53 | Report Abuse

IGB ----- HUATTTTTT !!!!!!!!! ARRRRRRR!!!!

hw0706

745 posts

Posted by hw0706 > 2012-09-28 14:54 | Report Abuse

Hopefully will go further to 3++

hw0706

745 posts

Posted by hw0706 > 2012-09-28 15:02 | Report Abuse

if can cross up to 3.00

Posted by herbert 456 > 2012-09-28 15:13 | Report Abuse

crossing 2.31 ... HUUUAAATT ARR!!!!!

Posted by herbert 456 > 2012-09-28 15:22 | Report Abuse

Looking good for 2.35 today!!!!

Posted by herbert 456 > 2012-09-28 15:29 | Report Abuse

hw0706..... shhhhhhh .... u must be eating abalone now!!! shhhhhhh .......

hw0706

745 posts

Posted by hw0706 > 2012-09-28 22:23 | Report Abuse

yeap. still wait until reach 3.00++ or 3.55

Posted by patrickngoa > 2012-09-28 22:32 | Report Abuse

hahaha, I thought will go to 2.00, lol

necro

4,726 posts

Posted by necro > 2012-09-28 22:51 | Report Abuse

cant laaa...
IGB REIT DOWN IGB UP...
zzzZZ

hw0706

745 posts

Posted by hw0706 > 2012-09-29 10:42 | Report Abuse

maybe next week will change either up / down. after the budget 2013 announce. nothing really excited. just benefit to tourism operator.

Posted by herbert 456 > 2012-09-29 17:19 | Report Abuse

The budget does have impact on property developers, given that the not so stringent RPGT changes. Likewise, if you read between the lines, it is a CONSUMER driven budget. So, it is expected that retailers and SHopping for houses, retail shops rental, etc. are going to do well. So, if you interpret it that way, the budget is indeed in IGB's favour.

In fact, what is more interesting is that IGB's shares are NOW attracting back its previous punters, who now see the logic of holding more IGB's shares rather than IGBREIT. Probably, those who disposed of IGB Corp previously to park their money in the IGBREIT's rally, are now parking them back in IGB. In fact, this is a very smart move, given that the punters would have made at least 30% capital gains in the past 2 weeks, playing contra etc.

If that is going to attract the buying in the early part of next week, given that KLCI is expected to rise after the budget, IGB is going to go higher. Well, let's watch out for its breakout!!!!

hw0706

745 posts

Posted by hw0706 > 2012-09-29 21:45 | Report Abuse

agree with you. other share i think is willbe bonia, aeon, dksh

Posted by herbert 456 > 2012-10-01 14:33 | Report Abuse

IGB ---- HUAT ARR!!!

hw0706

745 posts

Posted by hw0706 > 2012-10-01 16:05 | Report Abuse

IGB 2.35

Posted by herbert 456 > 2012-10-02 08:34 | Report Abuse

Touched RM2.37 yesterday ..... Very likely to trade higher given the volume buy for the past few trading days....

Posted by herbert 456 > 2012-10-03 09:55 | Report Abuse

IGB ---- HUAT AR!!

chocoanut

53 posts

Posted by chocoanut > 2012-10-03 10:10 | Report Abuse

i am waiting too. Any good news for this counter?

Posted by herbert 456 > 2012-10-03 10:14 | Report Abuse

The trade on IGB is the support level of the prices for the past few weeks and the buyback of shares by the Company.

The recent support at 2.20 was proven on track. Next 2.30 also strongly support this week. The next level is expected at 2.45 to 2.60 ....

Posted by herbert 456 > 2012-10-03 10:43 | Report Abuse

IGB ----- HUAT ARRR!!!!!

chocoanut

53 posts

Posted by chocoanut > 2012-10-03 11:29 | Report Abuse

okok... up now.... lets wait to eat abalone....

Posted by herbert 456 > 2012-10-03 13:44 | Report Abuse

Shhhhh ...... let's eat senyap-senyap k ...... hahahaha :))

chongkonghui

1,117 posts

Posted by chongkonghui > 2012-10-03 14:00 | Report Abuse

Will re-enter at below RM2.25...

Posted by patrickngoa > 2012-10-03 14:03 | Report Abuse

sold 2.35, lol

Posted by herbert 456 > 2012-10-03 23:02 | Report Abuse

It went up to 2.38, and stayed there for more than 10 mins ...... The trend is very bullish for IGB now, and the strong support above 2.30 by the Company is very positive for the counter.... stay tuned for more rally to come ..... :))

Posted by herbert 456 > 2012-10-04 08:37 | Report Abuse

IGB!! HUAT !! HUAT!! HUAT !!

chocoanut

53 posts

Posted by chocoanut > 2012-10-04 08:53 | Report Abuse

shhhhhh..... quietly enjoy the moment.....lol

Posted by herbert 456 > 2012-10-04 09:38 | Report Abuse

Shhhhh ...... Noted!! IGB!! crawl higher!! crawl faster!! Shhhhhhhh ....... :))

Posted by herbert 456 > 2012-10-04 10:32 | Report Abuse

Shhhh .... looking good to hit 2.40 today ...... shhhhhhhh ...

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