IOI CORPORATION BHD

KLSE (MYR): IOICORP (1961)

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Last Price

3.86

Today's Change

-0.08 (2.03%)

Day's Change

3.86 - 3.97

Trading Volume

1,172,500


6 people like this.

1,147 comment(s). Last comment by 1DERFUL 11 hours ago

surewinz

1,014 posts

Posted by surewinz > 2016-04-04 10:55 | Report Abuse

TR coming?

ckk2266

1,210 posts

Posted by ckk2266 > 2016-04-04 11:01 | Report Abuse

Sold @ 4.55

Shadows

462 posts

Posted by Shadows > 2016-04-04 11:14 | Report Abuse

Better to consider reduce holding for short term investor. This case will not able to close so easily and probably to be a lesson learn signal to others.

Posted by PirevanMohan > 2016-04-04 11:20 | Report Abuse

Food for thought: assuming that fair price was rm 5, then due to rspo suspension for the 2% of ioi's total production of Palm oil the share price fell more then 10% ; <4.50. But the suspension of rspo is supposedly according to the ioi only supposed to influence 5% of the net profit, so shouldn't the fair value be at rm 4.75, theoretically ? Feedback would be much appreciated, thanks.

hng33

20,502 posts

Posted by hng33 > 2016-04-04 12:09 | Report Abuse

PirevanMohan

RSPO will be resolve as it is matter of compliance, IOI will rectify it and reinstate the RSPO later. IOI is one of the founder of RSPO, and IOI is big cap stock, major shareholder will be more concern than us to rectify RSPO as fast as possible

The higher impact factors on IOI earning are actually Strengthen RM which alrdy at 3.86 and surging in CPO selling price. IOI will benefit from its high USD denominated debt saving cost, reap forex gain, increase its profit margin. higher CPO price which alrdy at record high 2760, will have direct positive impact on IOI bottomline, increase its profitability.

ruby828

1,000 posts

Posted by ruby828 > 2016-04-04 12:12 | Report Abuse

what hng33 said make sense....major shareholders will b more concern than us.....definately.....

Mohd Iqbal

266 posts

Posted by Mohd Iqbal > 2016-04-04 13:33 | Report Abuse

hng33 definitely should not be afraid bcoz he is not a long term shareholder. His style is hit and run. Buy at 4.50 sell at 4.55. Then repeat.. Same everywhere he appears such as POS counter where he bought around 2.40 and sold at 2.70 though he should have waited until 3.07 on that day.. A few sen here and there.. Ops.. Friendly fire bro.. Dont get angry.. Hehe

ruby828

1,000 posts

Posted by ruby828 > 2016-04-04 13:51 | Report Abuse

Me too a trader......

ruby828

1,000 posts

Posted by ruby828 > 2016-04-04 15:27 | Report Abuse

must push harder...not enuf volume....

hng33

20,502 posts

Posted by hng33 > 2016-04-04 15:33 | Report Abuse

Mohd Iqbal

You never know what is the highest share price will be....likewise, you never know what is lowest price will be....as share price is dynamic...tend to overshoot....But, what i will do is buy on weakness, sell back on strength to reap profit...i can have multiple entry and exit in a day and repeat multiple day,even a month, so long it is winner stock, it can give multiple time of profit and rolling it to compound. I have multiple stock under selection and radar screen and all ready to swap and profiting.

Posted by PirevanMohan > 2016-04-04 15:49 | Report Abuse

Volume should be in tomorrow when the sellers value are reduced.

ruby828

1,000 posts

Posted by ruby828 > 2016-04-04 15:51 | Report Abuse

wah...hng33..u must b using a hi tech system to monitor, right??

ruby828

1,000 posts

Posted by ruby828 > 2016-04-04 16:30 | Report Abuse

hope so.....hav not buy yet.....

ruby828

1,000 posts

Posted by ruby828 > 2016-04-04 19:50 | Report Abuse

yiks!!! i meant i hav not buy enuf yet....

supermix88

102 posts

Posted by supermix88 > 2016-04-05 06:57 | Report Abuse

yesterday start buying as all NINO is coming and IOI is very well mananged, so go for it to.

Junichiro

2,063 posts

Posted by Junichiro > 2016-04-05 09:17 | Report Abuse

From TheEdge today, "IOI's RSPO cert suspension has far reaching impact". .... one of its key customers, Unilever has announced that it is in the process of disengaging from IOI group .....

ruby828

1,000 posts

Posted by ruby828 > 2016-04-05 11:24 | Report Abuse

so hold or sell?

Posted by PirevanMohan > 2016-04-05 11:36 | Report Abuse

Well there is strong volume and news are rumors until something actually materializes, I have faith in Ioi that as amazing business people they would not let go of their customers.

Junichiro

2,063 posts

Posted by Junichiro > 2016-04-05 14:48 | Report Abuse

It is true the situation would be rectified. But if RSPO council make an exception of them or just give them a slap on the wrist, RSPO would lose their own credibility. Everybody could burn n rectify later.

ckk2266

1,210 posts

Posted by ckk2266 > 2016-04-07 10:51 | Report Abuse

Bought @ 4.51

ruby828

1,000 posts

Posted by ruby828 > 2016-04-07 10:57 | Report Abuse

Good time to buy? Should b bottom liao.....

ruby828

1,000 posts

Posted by ruby828 > 2016-04-07 10:59 | Report Abuse

Good time to enter?

hng33

20,502 posts

Posted by hng33 > 2016-04-07 11:02 | Report Abuse

Bought back all IOI at 4.50

ruby828

1,000 posts

Posted by ruby828 > 2016-04-07 11:03 | Report Abuse

Alot seller q ing.......ooooo......

Yen Leng

394 posts

Posted by Yen Leng > 2016-04-07 13:21 | Report Abuse

http://www.straitstimes.com/asia/se-asia/3-global-giants-drop-malaysian-palm-oil-supplier-over-deforestation?utm_campaign=Echobox&utm_medium=Social&utm_source=Facebook&link_time=1459989458#xtor=CS1-10

Three of the world's top food and consumer goods companies that make Dove soap, M&M's and Kellogg's Corn Flakes have dropped a leading Malaysian palm oil producer because of deforestation in its plantations in Indonesia.

Yen Leng

394 posts

Posted by Yen Leng > 2016-04-07 13:21 | Report Abuse

;(

ruby828

1,000 posts

Posted by ruby828 > 2016-04-07 14:48 | Report Abuse

Yen Leng, tq for your post......

ckk2266

1,210 posts

Posted by ckk2266 > 2016-04-07 15:08 | Report Abuse

Bought more @ 4.49

surewinz

1,014 posts

Posted by surewinz > 2016-04-07 15:42 | Report Abuse

Hng33 with these bad news posted by Yen leng, still confident?

mamatede

3,950 posts

Posted by mamatede > 2016-04-07 15:46 | Report Abuse

omg...ioi...4.35 coming soon

ruby828

1,000 posts

Posted by ruby828 > 2016-04-07 16:28 | Report Abuse

surewinz, Hng33 will thank yen Len for the bad news ....:)

ruby828

1,000 posts

Posted by ruby828 > 2016-04-07 16:29 | Report Abuse

Hng33, u sudah jual or still holding??

surewinz

1,014 posts

Posted by surewinz > 2016-04-07 16:52 | Report Abuse

Big fund throwing like no tmr,how long can it be supported?

ruby828

1,000 posts

Posted by ruby828 > 2016-04-07 16:59 | Report Abuse

like that....how low can it go???

ruby828

1,000 posts

Posted by ruby828 > 2016-04-07 16:59 | Report Abuse

to buy or not to buy...thats the question...where is Hng33???

wslywei

278 posts

Posted by wslywei > 2016-04-07 17:08 | Report Abuse

Go and read the recent announcements in bursa portal, you may find the answer from how the directors and major share owners supported the share price.

surewinz

1,014 posts

Posted by surewinz > 2016-04-07 17:56 | Report Abuse

They just support the share ,won't be uptrend in short term, am I right?

ruby828

1,000 posts

Posted by ruby828 > 2016-04-07 19:19 | Report Abuse

Looks like another AA in making .....:)

Junichiro

2,063 posts

Posted by Junichiro > 2016-04-08 08:53 | Report Abuse

Today in The Edge, "IOI suffers another blow, loses big customers"

MuttonCurry

1,192 posts

Posted by MuttonCurry > 2016-04-08 08:55 | Report Abuse

RSPO impact seems to escape some forumers here

smartly

6,441 posts

Posted by smartly > 2016-04-08 09:11 | Report Abuse

suspension of RSPO cause 3 major of it supplier disengaging with ioi

smartly

6,441 posts

Posted by smartly > 2016-04-08 09:12 | Report Abuse

7% of its earning shaved off due to this...

DaitoRyu

1,459 posts

Posted by DaitoRyu > 2016-04-08 11:46 | Report Abuse

I hope this stock and company continue to get punished for its unethical practices and destroying the health of millions of people in the process. If you can, take your money and run. Things are not going to get any better, as more and more companies decide to offload. It will continue on a downward spiral, Its a dead man walking.

limko1

283 posts

Posted by limko1 > 2016-04-08 11:53 | Report Abuse

Please remember how you suffocate in the thick haze last year! Dump and punish this unethical company.

Posted by potatotrader > 2016-04-08 12:00 | Report Abuse

no wories..IOI is a very strong cash rich company....they will able to buy back a lot...

DaitoRyu

1,459 posts

Posted by DaitoRyu > 2016-04-08 12:17 | Report Abuse

Buy back does not mean business stability or stock stability, in fact it can compound the downward trend, this stock will continue to drop and drop and drop and a buy back can not prevent it. Their contracts will continue to bleed, results will suffer, the stock will get re-rated to thrash. Take your money and run.

DaitoRyu

1,459 posts

Posted by DaitoRyu > 2016-04-08 12:32 | Report Abuse

Three of the world's top food and consumer goods companies that make Dove soap, M&M's and Kellogg's Corn Flakes have dropped a leading Malaysian palm oil producer because of deforestation in its plantations in Indonesia.

Unilever, which owns over 400 brands including Dove, announced last week that it has begun cancelling its supplier agreements with palm oil producer and trader IOI Group over evidence of bad environmental practices in Indonesia.

IOI is Malaysia's No. 2 palm oil company by production and a top 10-listed global palm oil firm. Unilever is one of the world's top buyers of palm and palm kernel oil and refined products.

United States food giants Mars and Kellogg's have also announced that they are in the process of removing IOI as a supplier by progressively dropping contracts with IOI's refining subsidiary IOI Loders Croklaan, which has refineries in Malaysia and Holland.

ruby828

1,000 posts

Posted by ruby828 > 2016-04-08 14:41 | Report Abuse

wah....with all these bad news...cheap sale liao........just like AA once upon a time...:)

Yen Leng

394 posts

Posted by Yen Leng > 2016-04-08 14:56 | Report Abuse

Ruby828, is there a Trader blog to join in i3 please? TQ

ruby828

1,000 posts

Posted by ruby828 > 2016-04-08 15:08 | Report Abuse

Yen Leng, i think u can read what ppl write on their blog but cant join.....

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