Posted by pathew > 2012-10-29 14:50 | Report Abuse

kc, sold to buy more scomi?

Posted by KC Loh > 2012-10-29 14:51 | Report Abuse

because its construction stocks.....

Posted by Mat Cendana > 2012-11-29 11:30 | Report Abuse

Increased revenue in the last quarter from RM1,097 mil in Q2'12 to RM1,141 mil Q2`13. Pre-tax profit from RM161 mil to RM233 mil; EPS 5.45 sen to 9.93. All are pretty decent. But the deal with Scomi seems to be preventing IJM's price from going up. Will have to wait for new developments on this to help serve as impetus for an upswing. Until then, it will probably hover around the current level and not go anywhere.

Posted by KC Loh > 2012-11-29 11:38 | Report Abuse

previously 4.9x -ish range. with this later quarter, should propel it back to 5 - 5.10 range i believe!

only thing to watch out is their spending on the West Coast Expressway project coming up soon!

http://biz.thestar.com.my/news/story.asp?file=/2012/8/29/business/11930385&sec=business

anyway, i am out of IJM already. sold when it reached RM5 range and bough back Digi when market was fearful!

Posted by KC Loh > 2013-01-07 14:03 | Report Abuse

“The biggest winner from this development will be IJM Corp Bhd. This is because it holds a 20% stake in WCE and also a 25% stake in Kumpulan Europlus Bhd (KEuro),” he said.

Source: http://biz.thestar.com.my/news/story.asp?file=/2013/1/7/business/12538607&sec=business

will be glad to have them onboard Scomi Group soon! :)

Posted by necro > 2013-01-10 01:18 | Report Abuse

Alert me when there on the Coke table...

Posted by nugget > 2013-04-15 11:46 | Report Abuse

I heard that IJM's bid for a RM1 bil marine project in Pahang is unsuccessful. Anyone can clarify?

Posted by tonylim > 2013-06-04 16:30 | Report Abuse

.

Posted by lwalk > 2013-06-04 16:48 | Report Abuse

im looking forward to the 9 sen dividend

Posted by angkor > 2013-07-23 10:03 | Report Abuse

this is coming after lagging for so long...

Posted by KC Loh > 2013-08-20 11:29 | Report Abuse

RM7+ company!

Posted by meegoreng > 2013-08-20 12:49 | Report Abuse

Hi KC, no more fully valued? Any change in its fundamental since Jun 18th?

Posted by meegoreng > 2013-08-22 11:02 | Report Abuse

Lelong now...

Posted by hw0706 > 2013-09-11 21:31 | Report Abuse

IJM's tender book mix is exposed to minimal risk of project sequencing. The WCE job packages should be rolled out after the financial closure in Oct, while contract flows are backed by upcoming in-house works.There is valuation upside from the listing of its concession assets.

Accumulate. IJM remains a blue chip laggard and is likely to dish out positive news in the coming months.

Management was quoted in a recent press article as saying that its stock is undervalued. Its plan to list its key concession assets (mainly highways) is still on the cards. We continue to view this positively but think that its execution is not likely to be in the near term. As an infrastructure conglomerate, IJM owns the largest number of highway concession assets in the country. The total DCF value of IJM's highway concession assets, including the WCE, is RM3.9bn, based on our estimates (refer to Figure 3). The highways constitute 67% of the group's total concession asset value and 37% of RNAV.

Maintain Outperform. The stock is a laggard and appeals to investors scouting for beneficiaries beyond MRT.

Posted by hw0706 > 2013-09-11 21:33 | Report Abuse

IJM Corp (BUY )
Kuantan expansion becomes a reality
 Following the MOU entered between IJM and Guangxi Beibu Gulf International
Port Group Co. Ltd. (Guangxi) earlier this year, the 40% stake acquisition of
Kuantan Port by the latter has been formalised for RM334.4m. Once all the
relevant approvals have been obtained, the deal is expected to be concluded
by 3QCY14.
 Higher offer… The finalised offer for Kuantan Port’s 40% stake by Guangxi is
7.9% higher than the previous offer of RM310m. Nonetheless, we believe that
the higher revised offer is still cheap as it translates to a P/E of 10.5x (based on
Kuantan Port’s FY13 PAT of RM79.8m). However, we believe that the potential
benefits from this partnership will be rewarding.
 Construction opportunities… The first benefit will be the potential
construction projects for the expansion of Kuantan Port worth RM1.5bn-RM2bn.
It will be a timely boost for its external outstanding order book which is slowly
dwindling. As of 1QFY14, its external order book stood at RM1.7bn, translating
to 0.86x FY13’s construction revenue. We expect orders from Kuantan Port to
materialise by 1HCY14.
 Lower profits for time extension… Despite lower contribution from Kuantan
Port going forward, the tenure of the concession which was supposed to end in
2027 will now be extended by another 60 years to at least 2072. Hence,
potentially boosting IJM’s overall valuation.
 Maintain BUY with TP of RM6.32 based on SOP valuation.

Posted by davidjackson > 2013-10-29 15:38 |

Post removed.Why?

Posted by KC Loh > 2013-11-26 17:34 | Report Abuse

dividend from 9 sens to 5 sens. and today drop in price. hmmm.......

Posted by ktjaven > 2013-12-02 13:56 | Report Abuse

Ehhhhh why still no pulse???? Price dropped 5sen lagi????

Posted by ktjaven > 2013-12-03 18:42 | Report Abuse

5.79??? Thot its supposed to trend up given the optimism spread by target price??

Posted by ktjaven > 2013-12-04 22:55 | Report Abuse

price still hardly move...

Posted by ktjaven > 2013-12-10 21:32 | Report Abuse

guys, any price catalyst for ijm coming up???

Posted by angkor > 2013-12-11 17:08 | Report Abuse

ijm close at 6.13...

Posted by ktjaven > 2013-12-11 19:30 | Report Abuse

Woohooooo... yeehaaaaa...

Posted by ktjaven > 2013-12-12 20:22 | Report Abuse

damn it... the price was back to square-1 today... wtf... so much for the thrill for nothing...

Posted by ktjaven > 2013-12-16 18:52 | Report Abuse

Ehhh anyone knows wats brewing on ijm???

Posted by Livinia > 2013-12-17 17:14 | Report Abuse

Finally can smile again . Hope tommorow can up some more.....

Posted by ktjaven > 2013-12-17 20:28 | Report Abuse

Livinia... tom will hit rm6... so u just behold and grip tight your chair... btw am already queueing to sell at 6.10!!!

Posted by prospertogether > 2013-12-20 18:16 | Report Abuse

Lets join us on forum for various stocks listed in Singapore, USA, Australia, Canada & UK…http://www.i3investor.com/servlets/stk/3508.jsp

Posted by redwed > 2014-01-21 01:07 | Report Abuse

look at this sma 200. http://i.imgur.com/NREWedl.png if it rebounds, surely will buy!!

Posted by HanSolo > 2014-04-11 13:45 | Report Abuse

what's up with this counter?

Posted by Valueseeker > 2014-04-25 08:35 | Report Abuse

CIMB recommending this stock today.

Posted by HanSolo > 2014-04-25 13:48 | Report Abuse

Valueseeker : Recommend on? wonder how high it can go?

Posted by kkng0819kk > 2014-04-30 16:02 | Report Abuse

Tread(trade)with caution.win or lose,blame yrself and no one else

Posted by kkng0819kk > 2014-05-02 19:52 | Report Abuse

A fullyvalued com.watch out for present and past oversea operations(especially India).Profits are not consistent

Posted by kkng0819kk > 2014-05-14 10:56 | Report Abuse

Lupakan la saja!tiada esok lagi!too much unforseen hands in the background!

Posted by HanSolo > 2014-05-14 20:59 | Report Abuse

its still very much undervalued. http://www.thestar.com.my/Business/Investing/2014/04/25/Buying-opportunity-in-IJM-share-price-correction/

Posted by glkhaw > 2014-05-21 11:10 | Report Abuse

What's wrong with IJM today?

Posted by HanSolo > 2014-05-22 10:55 | Report Abuse

dont know. i guess something is brewing.

Posted by HanSolo > 2014-05-28 20:27 | Report Abuse

up 0.285 in a day! impressive!

Posted by 88et88 > 2014-06-03 15:26 | Report Abuse

IJM a very good company, worth to keep their shares. :)

Posted by HanSolo > 2014-06-03 16:35 | Report Abuse

7 ringgit!!!! finally

Posted by hiewan > 2014-06-09 20:28 | Report Abuse

ijm land privatization issue ijm share at 6.70

Posted by hiewan > 2014-06-09 20:28 | Report Abuse

so nothing

Posted by coffeepimple > 2014-06-10 13:55 | Report Abuse

ijm really no ppl discuss

Posted by mbge7clt > 2014-06-10 21:59 | Report Abuse

thinking of selling ijm coz they are issuing new shares

Posted by HanSolo > 2014-06-12 14:47 | Report Abuse

why sell? im still keeping bought 11 lots at 5.79

Posted by wzwmz888 > 2014-06-13 15:50 | Report Abuse

what happen to IJM's price today?...

Posted by kkng0819kk > 2014-06-13 17:11 | Report Abuse

Institute jantung malaysia?Can do buainess meh?

Posted by mikashearer > 2014-06-13 23:43 | Report Abuse

TP7.08

Posted by kkng0819kk > 2014-06-14 11:21 | Report Abuse

In share swap,the winners are.....?