ILB GROUP BERHAD

KLSE (MYR): ILB (5614)

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Last Price

0.635

Today's Change

-0.01 (1.55%)

Day's Change

0.635 - 0.65

Trading Volume

5,700


6 people like this.

824 comment(s). Last comment by Lexstudent 2 months ago

toktaktok

15 posts

Posted by toktaktok > 2018-10-01 14:49 | Report Abuse

dafuq? 0 bidding

Surname

18 posts

Posted by Surname > 2019-01-20 20:45 | Report Abuse

@watchd, just like how LENO stucked himself in INSAS

Surname

18 posts

Posted by Surname > 2019-01-20 20:47 | Report Abuse

ILB = Investment LENO Bank.

LENO....

Surname

18 posts

Posted by Surname > 2019-01-20 20:48 | Report Abuse

Maybe One Day, FREE ILB-WA

Bunus Issue of FREE ILB-WA, 1 Free Bonus Warrant for every 10 ILB shares,
with an exercise price of RM 1.00 ...then, SURE UP UP UP LIMIT UP UP UP

gforce2

204 posts

Posted by gforce2 > 2019-01-31 03:08 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6053177

PROPOSED DISPOSAL OF THE ENTIRE 50% EQUITY INTEREST IN INTEGRATED NATIONAL LOGISTICS DWC-LLC ("INL") BY ILB TO NATIONAL TRADING & DEVELOPING EST. ("NTDE") ("PROPOSED DISPOSAL")

Looks like ILB is selling off its loss-making Dubai subsidiary.
The terms don't look so great. It's 10% cash, and the balance 90% in 12 quarterly instalments starting April 2020!

On the plus side, at least it won't be draining any more cash reserves!

Posted by commonsense > 2019-02-03 18:18 | Report Abuse

The company has been consistently making losses since at least FY14 with only FY16 being profitable. However, the profit in FY16 was mainly due to the disposal of its loss-making business in China (of which it recorded a gain on disposal and also reversal of previous years impairment). Excluding the that, FY16 would have also been a loss-making year.

Excluding the RM20.6mil impairment losses on an associate, the company would have delivered a core net loss of RM14.5mil to its shareholders in the 9m18. To think that the company can suddenly turnaround in FY19 might be a bit of a wishful thinking on the part of some investors. Expect further losses in FY19.

If you are looking to diversify your portfolio outside of Integrated Logistics (due to its earnings uncertainties), 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 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

FY19 growth will be driven by the still high demand of the new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. The recent announcement of closure and potential disposal of the loss-making alloy wheel manufacturing business alone is expected to boost the company’s profit by an additional RM20mil. I am projecting a profit to shareholder of RM170 mil for FY19 which at the current price values MBMR at only 5.9x PE.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analysts is around RM3.50.

Good luck.

Posted by world of billionaire > 2020-08-27 14:19 | Report Abuse

this share is burnt,dont waste time anymore, i buy this share since 5 year ago...its alrdy dying..believe me ..let go other shares

Posted by world of billionaire > 2020-08-27 14:21 | Report Abuse

1.top glove
2. supermax
3. appasia
4.jadi
5. xox
6. ioi
need more inquiry me..all above also can buy

dompeilee

11,888 posts

Posted by dompeilee > 2020-10-22 10:24 | Report Abuse

Bought ILB @ 39c this morning

Posted by Hew Kiong Peng George > 2020-10-23 07:15 | Report Abuse

nice..net cash co around 30sen...i also join at 40sen yesterday...anyway,bertam trend come also

AbrahamOh

16 posts

Posted by AbrahamOh > 2020-11-01 22:43 | Report Abuse

This share transform from logistics to solar energy, anyone have latest update for their solar progress, can share?

dompeilee

11,888 posts

Posted by dompeilee > 2020-11-02 16:24 | Report Abuse

=))

dompeilee

11,888 posts

Posted by dompeilee > 2020-11-03 09:08 | Report Abuse

SOLD some ILB @ 57.5c

dompeilee

11,888 posts

Posted by dompeilee > 2020-11-12 09:47 | Report Abuse

Goooooo ILB!!!! =)

Smart2Win

126 posts

Posted by Smart2Win > 2020-11-12 10:48 | Report Abuse

195 million shares only; easy to move up. ILB early entrance solar business & I guess will report quarter profitable.

Posted by watchdog88 > 2020-11-13 14:34 | Report Abuse

What is cooking ? Why the sudden surge ? Anybody ? Can Buy ?

dompeilee

11,888 posts

Posted by dompeilee > 2020-11-13 14:42 | Report Abuse

The only logistics stock still FLYING...the rest all ponchet already lol

Posted by shareinvestor88 > 2020-11-15 11:15 | Report Abuse

logistic for vaccines ?

buystock

86 posts

Posted by buystock > 2020-11-30 10:59 | Report Abuse

Review of Operations
Solar Renewable Energy Projects

The Group had participated in Large Scale Solar 3 tender bids in the financial year ended 2019. The management team who took part in the tender bid have gained enormous experience from the bidding process which helps to enhance their skill and expertise for other large scale solar tender bids in future.

The Group is venturing into a new solar renewable energy business segment, namely Supply Agreement with Renewable Energy, and had registered and obtained approval as investor with Sustainable Energy Development Authority. The Group targets to attain higher growth in revenue and net profit in solar renewable energy business with this new business segment.

Warehousing in Wujiang, PRC

On 19 December 2019, Integrated Logistics (H.K.) Limited, an indirect 70%-owned subsidiary of ILB, had entered into a conditional Share Sale Agreement with SWJ CN Logiport Pte. Ltd. to dispose off the entire 65% equity interest in Integrated Etern Logistics (Suzhou) Co. Limited for a total purchase consideration of RM128.7 million or approximately RMB217.2 million, subject to adjustment sum.

The proceeds expected from the proposed disposal will provide more capital to the Group for the funding of the Group’s working capital and expansion plan which may include (but not limited to) additional solar renewable energy projects where the Group sees growing contribution for the Group’s revenue and profit from the solar energy sector in the years to come.

Warehousing in Dubai, UAE

On 13 February 2019, the Company had entered into a Share Sale Agreement with National Trading & Developing Est. to dispose off the entire 50% equity interest in Integrated National Logistics DWCLLC (“SSA”) for a total purchase consideration of RM50.4 million or approximately United Arab Emirates (“UAE”) Dirhams (“AED”) 45.0 million. The Company had completed the disposal on 2 July 2019.

INL’s accumulated losses since its incorporation up to FYE 2018 amounted to RM146.1 million or approximately AED131.7 million. The projected revenue of INL is also not expected to improve in the near future. ILB will cease to inject future funding into INL and share recurring operating losses of INL going forward.

buystock

86 posts

Posted by buystock > 2020-11-30 11:00 | Report Abuse

focusing on solar project now

buystock

86 posts

Posted by buystock > 2020-12-03 15:32 | Report Abuse

Klci already break resistant 1620, congrats

beeair2013

195 posts

Posted by beeair2013 > 2021-01-07 17:49 | Report Abuse

Let’s roll ...........

TunPika

486 posts

Posted by TunPika > 2021-01-11 03:11 | Report Abuse

So much down.. huh

thesteward

6,759 posts

Posted by thesteward > 2021-01-14 22:26 | Report Abuse

;-)

TunPika

486 posts

Posted by TunPika > 2021-01-25 10:19 | Report Abuse

:-(

johotin88

385 posts

Posted by johotin88 > 2021-02-19 12:26 | Report Abuse

Lai liao!

thesteward

6,759 posts

Posted by thesteward > 2021-03-08 22:47 | Report Abuse

Watch close ya for this week

thesteward

6,759 posts

Posted by thesteward > 2021-03-11 09:19 | Report Abuse

Gogogo nta so high above rm1 pe less than 4 eps more than 17 pls go limit up

thesteward

6,759 posts

Posted by thesteward > 2021-03-11 10:31 | Report Abuse

Once break 68 potentially spike high . Watch close these 2 weeks

thesteward

6,759 posts

Posted by thesteward > 2021-03-11 10:31 | Report Abuse

Such good FA read the reports

johotin88

385 posts

Posted by johotin88 > 2021-03-15 18:47 | Report Abuse

Today gap down. Anyone has any news? Please share here thanks.

johotin88

385 posts

Posted by johotin88 > 2021-03-15 21:14 | Report Abuse

Gap down usually not a good sign bro.

gforce2

204 posts

Posted by gforce2 > 2021-04-02 17:40 | Report Abuse

2.5sen, First dividend in over 5 years. Are things finally turning around for ILB?

Posted by Akino qiu shou > 2021-04-06 19:45 | Report Abuse

Ticket 195 million, very little. Can fry up to the heaven anytime. See how Tok Dalang pushed from RM0.38 ( 20-10-20) up to RM0.80. (13-11-20).

kyosan

786 posts

Posted by kyosan > 2021-06-21 17:55 | Report Abuse

pls buy and accumulate, for mco 3,4 stock, =)

Posted by Qiu Shou Akino > 2021-06-22 15:38 | Report Abuse

Lai liau ! Lai Liau !

Jeffreyteck

4,246 posts

Posted by Jeffreyteck > 2021-06-29 13:22 | Report Abuse

Unlikely to fall back to pre crisis unless another round of US crash.

awesome20

1,184 posts

Posted by awesome20 > 2021-07-06 20:43 | Report Abuse

strong support area..why afraid to grab?

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-07 08:50 |

Post removed.Why?

The_JQuestion

1,518 posts

Posted by The_JQuestion > 2021-07-14 13:26 | Report Abuse

today no volume at allll apa hal ni yesterday 10 % range today no trade LOL

QiuSou Akino

1,237 posts

Posted by QiuSou Akino > 2021-08-26 14:34 | Report Abuse

Palm oil and lumber both good market price.. No problem will shoot one day.

QiuSou Akino

1,237 posts

Posted by QiuSou Akino > 2021-08-26 19:41 | Report Abuse

First gear on !

The_JQuestion

1,518 posts

Posted by The_JQuestion > 2022-04-26 10:13 | Report Abuse

WAWwww lets go lets go

beeair2013

195 posts

Posted by beeair2013 > 2022-04-26 14:03 | Report Abuse

Nice …..,,,

Posted by newbiehk2014 > 2022-05-06 16:04 | Report Abuse

yes pls continue

beeair2013

195 posts

Posted by beeair2013 > 2022-05-09 22:50 | Report Abuse

Nice ….,,,

The_JQuestion

1,518 posts

Posted by The_JQuestion > 2022-05-10 13:45 | Report Abuse

0.8 mari mariiiiiiiiii

awesome20

1,184 posts

Posted by awesome20 > 2022-05-10 19:45 | Report Abuse

told you all earlier

Posted by awesome20 > 2021-07-06 20:43

strong support area..why afraid to grab?

Posted by newbiehk2014 > 2022-05-17 17:12 | Report Abuse

no more steam....?

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