Posted by TunDiam > 2018-11-09 11:49 | Report Abuse

U people are making it hard for me

Posted by -M2- > 2018-11-09 13:34 | Report Abuse

Year end should be closing at Rm2.3 at least

Posted by luckyparit > 2018-11-19 12:58 | Report Abuse

Seem moving up today, volume still low

Posted by Penang123 > 2018-11-26 17:24 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5984029

Posted by beso > 2018-11-26 18:55 | Report Abuse

ijm reported 60% drop in net profit yoy, sure sell down 2moro
all big construction players are in trouble

Posted by villa1668 > 2018-11-26 23:20 | Report Abuse

Construction company having a bad time, avoid it, visit again next 3 years.

Posted by CharlieSim > 2018-11-27 10:37 | Report Abuse

everyone should expect and know that construction coys will be reporting lower profits, and they have been discounted in their prices... any cheaper price shall be a bargain for long term investors... of course, nobody when will be the bottom...bless all :))

Posted by BN_better > 2018-11-27 15:17 | Report Abuse

Loss QR got happened in BN era?

Posted by CharlieSim > 2018-11-28 17:32 | Report Abuse

BN better ? v:)))))

Posted by nkk53 > 2018-12-05 15:47 | Report Abuse

WCE corruption case and kickback with previous gov.resolved?

Posted by Huilim1 > 2018-12-05 15:49 | Report Abuse

CARIMIN (CODE : 5257) ROCKSSS 0.325>>>>>>>>>>0.34, OUR 1ST TGT ACHIEVED
Text me on WHATSAPP: - +60-11-5794-1370

Posted by nkk53 > 2018-12-12 11:42 | Report Abuse

V soon will go below 1.30

Posted by markstrong > 2018-12-29 15:21 | Report Abuse

MWE and Mamee related parties in IJM

https://klse.i3investor.com/servlets/forum/904959459.jsp?fp=2

Posted by commonsense > 2019-01-03 09:07 | Report Abuse

Excluding the forex losses and other exceptional items, IJM’s 1H19 core net profit is actually around RM230mil. The tepid performance is mainly due to the under performance of all the company’s divisions in particular the construction, industry and plantation divisions.

Progress for the construction projects are expected to be slow going forward especially the RM1.1bil LRT3 contract. It is still unclear if the main contractors (Gkent and MRCB) will try to negotiate for a lower contract value (and profit margin) given the government decision to scale down the size of the project and stretch longer the project's duration (from 2020 to 2024). The division will still be the main contributor to the group’s revenue and bottom line backed by the RM8.8b orderbook. However, investors need to expect a lower profit margin in the near to mid-term in line with the federal government objective to cut cost (some of the projects might be under review for cost optimisation).

Plantation division is expected to post weaker revenue and profit for the rest of FY19 given the weak CPO price, weak Rupiah and higher operational cost mainly from the increase of labour cost.

4 analysts are projecting a core profit of RM424mil for FY19 which means at the current price, IJM is trading at a valuation of 13.5x PE which is slightly higher than the construction and property industries average of less than 10x PE. That being said the same analyst also expect profit to grow to RM480mil in FY20 which means valuation for IJM will drop to only 12x PE. But this all depends on a smooth progress of the construction’s projects in hand, better property sales and also a rebound of CPO price. Any hiccups on these bullish assumptions will push the profit lower.

If you are looking to diversify your portfolio outside of IJM (due to the earnings uncertainties from both the construction and plantation divisions), I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.0x PE (based on target FY18 PATAMI of RM145mil. 9m PATAMI is already RM106mil). PB is low at only 0.5x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

For FY19 growth will be driven by the still high demand of new Myvi and the launch of the new SUV in 1Q19 and also the new Alza in 2H19.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. Most analysts have a TP of above RM3 for the company with Hong Leong being the lowest at RM3.13 and Maybank the highest at RM4.18.

Good luck.

Posted by icedvestor > 2019-01-07 23:01 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/01/07/ijm-to-build-rm4bil-the-light-city-this-year/

Posted by Ron90 > 2019-01-15 00:54 | Report Abuse

price sholud be closed at 1.74...buy again BSKL really lousy trading program where IB can manipulate the end price. dont hope transparency in BSKL, even now under PH..same lousy management.

Posted by nkk53 > 2019-01-28 11:02 | Report Abuse

Difficult days ahead.Jalan with BN putus liew

Posted by Nadayu > 2019-02-19 15:02 | Report Abuse

target 1.90

Posted by charliecharlie > 2019-02-20 09:15 | Report Abuse

exceeded 1.9 dy

Posted by icedvestor > 2019-02-20 11:35 | Report Abuse

wow what factor causing its uptrend. Interesting.

Posted by Nadayu > 2019-02-20 12:00 | Report Abuse

east coast

Posted by Chun Yee > 2019-02-21 09:55 | Report Abuse

https://themalaysianreserve.com/2019/02/20/bauxite-decision-lifts-wz-satu-ijm/

Posted by milkteee > 2019-02-21 10:01 | Report Abuse

tp 2.1 reasonable?

Posted by 5354_ > 2019-02-27 10:22 | Report Abuse

Drop bec under PH? How abt Penang future projects? No more? Cannot takeover others eg Ivory, etc?

Posted by icedvestor > 2019-02-28 14:42 | Report Abuse

This is probably just a knee jerk reaction to the toll issue

Posted by WannaBeTechAnalyst > 2019-02-28 15:02 | Report Abuse

KWAP disposing cheaper price to EPF .. Just relax ..

Posted by WannaBeTechAnalyst > 2019-02-28 15:02 | Report Abuse

Target price remains RM2.1

Posted by dlau8899 > 2019-03-05 12:32 | Report Abuse

Rebound

Posted by dlau8899 > 2019-03-07 19:17 | Report Abuse

Continue up

Posted by nkk53 > 2019-03-12 12:32 | Report Abuse

Past MD all goyong kaki

Posted by mayleow > 2019-03-13 20:17 | Report Abuse

Tmr sure zoom up

Posted by mayleow > 2019-03-20 21:40 | Report Abuse

somebody buy 999 lots of ijm

Posted by Maurice1688 > 2019-03-21 16:32 | Report Abuse

PE 40

Posted by Penang123 > 2019-03-21 16:40 | Report Abuse

Wat is PE 40?

Posted by CharlieSim > 2019-03-21 17:29 | Report Abuse

wait till 3.00-3.50... dream on...:)

Posted by Nadayu > 2019-03-24 19:43 | Report Abuse

target 2.50

Posted by freddiehero > 2019-03-24 19:53 | Report Abuse

fly high high..

Posted by 10156838441470042 > 2019-03-26 10:37 | Report Abuse

heard this counter going to get some ECRL jobs soon

Posted by BaybieShark > 2019-03-26 10:38 | Report Abuse

Heard mrcb getting

Posted by icedvestor > 2019-03-26 15:55 | Report Abuse

my word, why flying up? Any good news coming in the horizon?

Posted by Vinc Yap > 2019-03-26 18:04 | Report Abuse

ECRL up

Posted by mayleow > 2019-03-26 18:34 | Report Abuse

sui

Posted by Nadayu > 2019-03-29 13:26 | Report Abuse

2.50 target

Posted by CharlieSim > 2019-03-29 17:22 | Report Abuse

someone has been buying it up for the past week...

Posted by Nadayu > 2019-03-29 21:11 | Report Abuse

M

Posted by Nadayu > 2019-03-29 21:14 | Report Abuse

M

Posted by Nadayu > 2019-03-31 16:53 | Report Abuse

merger and acquisition

Posted by Nadayu > 2019-04-07 14:49 | Report Abuse

Tomorrow ECRL up

Posted by Penang123 > 2019-04-08 14:14 | Report Abuse

2.5 is coming....

Posted by Tan Jack > 2019-04-08 15:19 | Report Abuse

ijm perform so good, is it still ok buy now? or its too late