Posted by Yael Jasper > 2018-09-05 11:04 | Report Abuse

Very confident stock, good to invest it and then can buy more car HAHAH!

Posted by jordanmaggie61 > 2018-09-05 11:38 | Report Abuse

Good show ! Very strong... will move tomorrow and profit incoming

Posted by 1234rich > 2018-10-05 10:36 | Report Abuse

Ayam betul..I City very good but share prize not improve

Posted by 1234rich > 2018-10-09 10:45 | Report Abuse

GIve Dividend then Share prize drop...no meaning..

Posted by 1234rich > 2018-10-13 21:16 | Report Abuse

Ayam !!!

Posted by Danny_Tan > 2018-11-07 18:33 | Report Abuse

I come here bec joni in Trop. Joni where are you? QR out today why drop?

Posted by i_investor > 2018-11-08 19:35 | Report Abuse

CHOO HAO JIAN age at 24years old appointed as IBHD director, too young and without experience to lead the company , hopeless, other shareholders not happy throwing out the company share price sure keep dropping keep going down !!!
08/11/2018 19:34

Posted by 1234rich > 2018-11-14 21:02 | Report Abuse

What so special of this 24year boy?..
I dont care u put anybody even our PM more than 80..
Important, this 24yr boy make ibhd price shot up in the sky. Don't just sit and play game boy only..

Posted by 1234rich > 2018-11-14 21:03 | Report Abuse

All TP set ke laut!!!!

Posted by James Ng > 2018-11-15 11:10 | Report Abuse

https://klse.i3investor.com/blogs/general/182432.jsp
[转贴] [I-BERHAD：房地产开发业务将面临充满挑战的市场] - James的股票投资James Share Investing

Posted by 1234rich > 2018-12-03 16:18 | Report Abuse

Financial profit, but the share price dropping..what the fish..
If Financial lost, more worst..
BOD working or sleeping..

Posted by luckydarkie > 2018-12-07 14:59 | Report Abuse

why this 24 year old boy? stocks keep going down since, BOD please fix

Posted by 1234rich > 2018-12-11 18:31 | Report Abuse

24 year old boys..something not right..BOD damn you, go fix it..

Posted by luckydarkie > 2018-12-13 10:40 | Report Abuse

patutla pmengerusi AC pun resign

Posted by commonsense > 2019-01-01 20:00 | Report Abuse

At only 4.7x PE, Ibhd valuation at first look pretty cheap even for a property developer company (most property stocks are trading below 10x PE and below 0.8x PB). Please take note that both the ICULS and RCULS are expected to mature in August to October 2019. Upon conversion, there will be more than 300mil new shares to be issued to the loan stock investors. This will bring up the valuation to 6.1x PE which is still low compared to the industry average.

However, the sudden fall of sales and profit in 3Q18 are a real worry to investors. If the trend of the slow sales persists and profit for FY19 fell to below RM30mil, this will bring up the valuation of the company to a PE of 16.6x (after taking account the dilution effect from ICULS and RCULS conversion). Unbilled sales have fallen to only RM160mil as of Sep 18 which is less than half of the company 12 months sales of RM455mil (from Oct 17 to Sep 18). The group near term performance will be highly dependent on the Hill 10 and Kia Peng 8 projects as all other future launches are expected to be held back given the challenging property market condition.

Hill 10 residence (in I City Shah Alam) has a take up rate of 94% which was a surprise at first given the hefty valuation of its unit (RM950/sqft). The high take up rate might be due to the appeal from the new mall located near the residence that is expected to be completed in 1Q19.

Kia Peng 8 on the other hand has only a take up rate of 22% which might be the reason why the progress for this project is so slow. As of end Nov, the project is only 47% completed which signals a potential delay to the original completion date of end 2019. Any delays will open the company to risks of LAD (10% per annum) which has the potential to reduce the company’s bottom line even further.

If you are looking to diversify your portfolio outside of Ibhd (due to the weak earnings sentiment given the weak property market), 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 1234rich > 2019-01-02 10:08 | Report Abuse

Awaiting those BOD to be wack due to weak performance of share price..Not perform good job

Posted by 1234rich > 2019-01-03 17:13 | Report Abuse

If the share price not good, BOD have to face Shareholders. Don't think Shareholders so stupid with your all nonsense statement. Wait and see if you not meet the ideal price.

Posted by 1234rich > 2019-01-03 17:15 | Report Abuse

Becareful with your Financial Report..Don't think Shareholders alway accept your statement.

Posted by drkervokian > 2019-01-04 15:40 | Report Abuse

IBHD is a family business la, will always be.

Posted by 1234rich > 2019-01-04 15:58 | Report Abuse

Family business or not , shareholder even hold 1 unit of share have the right to question BOD. If MSWG not working, Shareholder can do something..

Posted by luckydarkie > 2019-01-11 11:09 | Report Abuse

price goin up go go go time to ext

Posted by shpg22 > 2019-01-23 23:59 | Report Abuse

omg..another snowflake on the board. This young and inexperience brat will doomed the company just like KAREX and CHINHIN. They should start from below as janitor before climbing up.

i_investor CHOO HAO JIAN age at 24years old appointed as IBHD director, too young and without experience to lead the company , hopeless, other shareholders not happy throwing out the company share price sure keep dropping keep going down !!!
08/11/2018 19:34

Posted by djibaok > 2019-07-16 22:31 | Report Abuse

makan belacan stock

Posted by vinc3nt > 2019-08-29 14:48 | Report Abuse

refer to tambun

Posted by ahbah > 2019-10-02 16:13 | Report Abuse

GEORGE TOWN, Oct 2 — The residential property market in the country is picking up this year and even recorded a higher value of transactions as at September this year compared to the whole of 2018 for the primary market, an international real estate federation revealed yesterday.

FIABCI Malaysia President Michael Geh said the Malaysian residential property market recorded RM14.65 billion worth of transactions in the primary market between January and September this year.

This far surpassed the total value of transactions of RM12.91 billion for the primary market for the whole of 2018, he said.

Posted by crazyhours > 2019-10-03 18:33 | Report Abuse

Go Holland again....

Posted by freddiehero > 2019-10-03 18:43 | Report Abuse

wah lau... y so big discount?

Posted by crazyhours > 2019-10-04 10:52 | Report Abuse

Winter time sleeping

Posted by koowakzai > 2019-10-08 01:09 | Report Abuse

Just enter on board. Become share holder with u guys :) hope coming budget will give sweet to Property sector. This counter is oversold so much. Big boy is accumulating.

Posted by ronald118 > 2019-10-14 14:10 | Report Abuse

Right shares call:

3 RCCPS for every 4 held..

Posted by Zhen Wei > 2019-10-14 21:18 | Report Abuse

LOL rc for 3 years which means 2022, red lamp sign ahead .
Smell heavy retrchemnt coming... Expect no dividend ahead.
Prefer will first to obtain the dividend.
Shareholder to sacrifice ?

Posted by thesteward > 2019-10-15 21:18 | Report Abuse

Nta v high

Posted by thesteward > 2019-10-15 21:18 | Report Abuse

Fa not bad

Posted by crazyhours > 2019-10-21 11:13 | Report Abuse

My god what happened??!!!!!

Posted by koowakzai > 2019-10-21 11:55 | Report Abuse

Right issue. I sold all and cut loss

Posted by crazyhours > 2019-10-21 12:25 | Report Abuse

Means the price will keep dropping...?

Posted by zhen wei & JP > 2019-10-21 14:53 | Report Abuse

Not necessary. Much depends on shareholder appetite to subscribe.
Non subscriber will see their value depreciation 75%?
Just be prepared for the worst.

Posted by drkervokian > 2019-10-21 14:54 | Report Abuse

@crazyhours price will keep dropping and stabilize once the family members pick up. it's heavy dilution for minority shareholders. wait for 2020 Q2 for real profitable numbers to come in due to lowering of non-malaysian limit of rm600k

Posted by zhen wei & JP > 2019-10-21 21:50 | Report Abuse

Sumurwang payout 133m , minority only fork out 17m?

Posted by Mr. A|S|H > 2019-10-21 23:27 | Report Abuse

already paper loss of RM 470. can share price drop to RM 0.19 (the right issue price)?

Posted by crazyhours > 2019-10-22 10:06 | Report Abuse

Hi thanks Dr, still have faith in this counter, I think just a matter of time...@drkervokian

Posted by ronald118 > 2019-10-23 18:47 | Report Abuse

habis la..ini I berhad

Posted by freddiehero > 2019-10-23 19:13 | Report Abuse

dont giv up.. mayb is chance rebound some..

Posted by dompeilee > 2019-10-24 16:14 | Report Abuse

Waiting for E&O to plunge like I-Bhd when the rights issue date is announced =)

Posted by mk00001 > 2019-10-31 11:53 | Report Abuse

ONLY 40 per cent of the 13 million square foot of approved gross floor area (GFA) of i-City had been completed as at end-2018,

says Tan Sri Lim Kim Hong, executive chairman of I-Berhad. This means I-Berhad will be busy in the next 10 to 12 years finishing

the development and, along the way, could add new products in line with demand and market trends

Posted by hng33 > 2019-11-05 09:40 | Report Abuse

bought ibhd at 22sen

Posted by zhm540 > 2019-11-05 09:51 | Report Abuse

will go down to 19s, right issue price before stabilising

Posted by hng33 > 2019-11-05 12:07 | Report Abuse

add more at 21.5sen

Posted by crazyhours > 2019-11-05 13:42 | Report Abuse

This counter needs to keep at least a decade I think

Posted by ronald118 > 2019-11-05 15:04 | Report Abuse

zhen wei & JP Sumurwang payout 133m , minority only fork out 17m?

TSLKH own 70% as major, with call 150m of 70%...105m+- , right? how you get calculate 133m ?