Posted by ystmywh > 2021-06-07 19:58 | Report Abuse

hi all sifus, why ijm share price drop from 3.5 in 2017 to around 1.7 in 2018? whats the reason?

Posted by SmallSexyPig > 2021-06-08 00:19 | Report Abuse

https://www.theedgemarkets.com/article/ijm-shares-fall-9year-low-mrt3-scrapped-slump-4q-earnings

google is your friend

Posted by Goldgent > 2021-06-08 14:22 | Report Abuse

Suspended??? Why?

Posted by UndukNgadau > 2021-06-08 14:27 | Report Abuse

Same with IJMPlnt

Posted by BilisMrJ39 > 2021-06-08 14:31 | Report Abuse

privatisation?

Posted by mikeymouse > 2021-06-08 14:34 | Report Abuse

???

Posted by DLLKT > 2021-06-08 14:35 | Report Abuse

Take over offer

Posted by Snipper > 2021-06-08 14:48 | Report Abuse

Another MMC making?

Posted by UndukNgadau > 2021-06-08 15:10 | Report Abuse

Hopefully KLK will issue new shares for IJMPlnt

Posted by vespa > 2021-06-08 15:15 | Report Abuse

ijm sells its stake in ijm plantation ?

Posted by UndukNgadau > 2021-06-08 15:25 | Report Abuse

Just rumours. Look at BKawan(KLK's mother). Almost historical high

Posted by UndukNgadau > 2021-06-08 15:36 | Report Abuse

https://www.theedgemarkets.com/article/klk-said-take-over-ijm-plantations-cash-or-share-swap-deal-both-stocks-suspended?type=malaysia

Posted by goreng_kaki > 2021-06-08 16:19 | Report Abuse

IJM tomorrow limit up

Posted by Bgt 9963 > 2021-06-08 16:21 |

Post removed.Why?

Posted by ratz > 2021-06-08 23:05 | Report Abuse

Bonus issue more likely than cash distribution?

Posted by ratz > 2021-06-08 23:09 | Report Abuse

Alternatively, distribute KLK shares if its an equity swap

Posted by Dakewlest > 2021-06-09 00:36 | Report Abuse

Still can buy??

Posted by UndukNgadau > 2021-06-09 07:39 | Report Abuse

Yes, I'm looking at BKawan

Posted by ratz > 2021-06-09 14:39 | Report Abuse

IJM’s equity exposure in enlarged KLK is better than equity in IJM Plantation. No brainer. IJM Corp shareholders will be the biggest winner. Those KLK shares owned by IJM can even be distributed to its shareholders.

Posted by chwong28 > 2021-06-09 19:00 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3165297

Posted by chwong28 > 2021-06-09 19:01 | Report Abuse

offer by KLK to acquire IJMPLNT stake owned by IJM at RM3.10

Posted by DieLaLikeThis > 2021-06-09 20:00 | Report Abuse

2.14

Posted by Penang123 > 2021-06-09 20:00 | Report Abuse

What price is possible for IJM open market ? > MYR 3.00 ?

Posted by Vtaez > 2021-06-09 20:22 | Report Abuse

extra 1.5 from ijmplant translate to IJM is around 10%

Posted by Bgt 9963 > 2021-06-09 20:50 |

Post removed.Why?

Posted by BilisMrJ39 > 2021-06-10 00:01 | Report Abuse

In the Offer, KLK wishes to acquire the Sale Shares for a total consideration of approximately RM1,534,083,936 (based on RM3.10 per Sale Share) to be payable in cash.

Possible for another special dividend.

Posted by Penang123 > 2021-06-10 06:59 | Report Abuse

When is IJM counter open resume trading ?

Posted by Bgt 9963 > 2021-06-10 08:26 |

Post removed.Why?

Posted by Dorothyi3 > 2021-06-10 09:18 | Report Abuse

Good morning

Posted by CUTLOST > 2021-06-10 09:42 | Report Abuse

Good morning.. Finally.. Touch Rm2

Posted by ipohwhitecoffee > 2021-06-10 09:55 | Report Abuse

immediate trap for FOMO who rushed in above Rm2 this morning

Posted by Johnzhang > 2021-06-10 10:15 | Report Abuse

There is no information yet from ijm’s management what they want to do with the $1.5 + billion cash from ijmplant disposal. That’s why share price of ijm is flat !

Posted by Johnzhang > 2021-06-10 10:25 | Report Abuse

There is high possibility IJM will use the cash to privatise WCE holding so that IJM has full ownership of WCE highway and the 1,800+ acres of Rimbayu development next to kota kammuning. As at now , IJM has 20% direct ownership in WCE highway and 60% direct stake in Rimbayu. IJM control about 30% of WCE Holding which in turn own there remaining 80% of WCE highway and 40% Rimbayu. I was recently reported in the edge that IJM is also looking to spin off the highway asset to a Trust. like what Gamuda is pursuing now.
Such movie will eventually see IJM as a neat infrastructure and property company.

Posted by BilisMrJ39 > 2021-06-10 14:25 | Report Abuse

Privatise WCE isn't a bargain purchase. Shareholder wont approve it. Don't expect so much

Posted by Heng_Ong_Huat > 2021-06-10 14:39 | Report Abuse

haha..big sharks ald know the results...apa u mahu lagi?

Posted by Heng_Ong_Huat > 2021-06-10 14:51 | Report Abuse

2,624,400 1.950 1.960 1,377,100.....who r control on it??betul kurang ajar..hope ada money tapi tak ada masa guna...

Posted by florenceyong > 2021-06-10 18:23 | Report Abuse

Hi

Posted by awesome20 > 2021-06-10 18:26 | Report Abuse

merging money will spill on ijm also

Posted by florenceyong > 2021-06-10 18:29 | Report Abuse

buy since May, TP is 2.59-2.62

Posted by Sky Liew > 2021-06-10 21:15 | Report Abuse

Can go 2.88?

Posted by florenceyong > 2021-06-11 10:11 | Report Abuse

Buy Buy Buy

Posted by tzeying11108 > 2021-06-11 14:14 | Report Abuse

Looks nice

Posted by Sky Liew > 2021-06-11 18:48 | Report Abuse

Deal accepted

Posted by winmal > 2021-06-11 22:22 | Report Abuse

52% of sales proceeds will utilise to reward shareholders as special dividend and company share buyback

Posted by BilisMrJ39 > 2021-06-11 23:35 | Report Abuse

special dividend should be around 20 sen but probably only payable after 1-2 more quarter

Posted by stockraider > 2021-06-11 23:39 | Report Abuse

U should be happy if IJM give u extra 2 to 5 sen special dividend loh..no way 20 sen mah!

Posted by Johnzhang > 2021-06-12 07:04 | Report Abuse

@stockraider,. IJM Corp must also reward it's shareholders. I am more incline to think that at least half of the proceed will be paid out as special dividend like what @BilisMrJ39 said,. Otherwise, what is in for the shareholders of of IJM to support the deal ? If you look at the shareholders listing IJM is owned by various institutional investors and funds and they need to see return too.

Posted by Johnzhang > 2021-06-12 07:19 | Report Abuse

@BilisMrJ39,. For IJM to acquire all the remaining share in WCE they don't own olny require BoD approval . If the acquisition is significant ( I think if exceeding 25% of IJM market capitalization) a EGM is called and need 51% yes vote to go thru . Minorities has NO say at all. To fully consolidate the WCExpressway and 1,800 acres of Rimbayu in its arm make sense for IJM in its longer term plan. Just my view for sharing.

Posted by stockraider > 2021-06-12 10:20 | Report Abuse

JOHN,

IJM number of shares 3633m mah!

Disposal of IJMplant profit will generate a profit of Rm 700m mah!

If we use payout ratio of 20% to 30%...that means available dividend is Rm 140m to Rm 210m....thus dividend is 3.8 sen to 5.5 sen loh!

The main reason why IJM dispose its plantation is to raise funds to paydown debts & reinvest in its business in order to generate higher return, if they distribute too much it will defeat their purpose mah!

Hence the additional special dividend will be modest level between 3 to 6 sen loh!


Posted by Johnzhang > Jun 12, 2021 7:04 AM | Report Abuse

@stockraider,. IJM Corp must also reward it's shareholders. I am more incline to think that at least half of the proceed will be paid out as special dividend like what @BilisMrJ39 said,. Otherwise, what is in for the shareholders of of IJM to support the deal ? If you look at the shareholders listing IJM is owned by various institutional investors and funds and they need to see return too.

Posted by klee > 2021-06-12 12:52 | Report Abuse

Do not forget ijm need shareholders consent to seal the deal.If dividend payout is too low,shareholders may block the deal.