IMASPRO CORPORATION BHD

KLSE (MYR): IMASPRO (7222)

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Last Price

1.04

Today's Change

-0.03 (2.80%)

Day's Change

1.04 - 1.06

Trading Volume

33,600


3 people like this.

214 comment(s). Last comment by Diamond7 10 hours ago

tanym

96 posts

Posted by tanym > 2015-11-27 14:19 | Report Abuse

buy before it explode....

Diamond7

2,198 posts

Posted by Diamond7 > 2015-12-17 09:48 | Report Abuse

Any news? Bonus? Share split? Free warrants?

Diamond7

2,198 posts

Posted by Diamond7 > 2015-12-21 13:40 | Report Abuse

Volume surge again........any news?

Diamond7

2,198 posts

Posted by Diamond7 > 2016-01-04 16:28 | Report Abuse

Exploded!!! .....tanym......any news???

Diamond7

2,198 posts

Posted by Diamond7 > 2016-03-11 16:02 | Report Abuse

Who is buying?Any good news?

Diamond7

2,198 posts

Posted by Diamond7 > 2016-03-21 16:09 | Report Abuse

Wa.......!!!

Diamond7

2,198 posts

Posted by Diamond7 > 2016-03-22 13:36 | Report Abuse

Target price RM2.26....

Diamond7

2,198 posts

Posted by Diamond7 > 2016-04-11 16:20 | Report Abuse

Wa....volume up again!!!
Who is accumulating?

Diamond7

2,198 posts

Posted by Diamond7 > 2016-04-30 14:07 | Report Abuse

M&A securities call buy at a target price of RM 2.26 on 15/3/2016
Target price ...call buy by M&A on 27/4/2016 is RM2.38
Anyone with news???

Mii Mii

3 posts

Posted by Mii Mii > 2016-05-02 09:50 | Report Abuse

DON'T GET CHEATED BY THESE GROUP OF CHEATERS!!

Mii Mii

3 posts

Posted by Mii Mii > 2016-05-02 09:51 | Report Abuse

THEIR ACCOUNTING DOCUMENTS ARE SO MESSY!! THEY HIRE NON PROFESSIONAL ACCOUNTING TEAM TO MANAGE THE COMPANY!!

Mii Mii

3 posts

Posted by Mii Mii > 2016-05-02 09:52 | Report Abuse

THEY PURPOSELY VIOLATE RULES & REGULATIONS TO WASTE SHAREHOLDERS MONEY!!

MESSSY ACCOUNTING RECORDS WHICH CAUSE DOUBLE EXPENSES OR REDUCE INCOME TO WASTE SHAREHOLDERS MONEY!

Diamond7

2,198 posts

Posted by Diamond7 > 2016-05-03 11:38 | Report Abuse

Cash rich counter!

Diamond7

2,198 posts

Posted by Diamond7 > 2016-05-03 11:40 | Report Abuse

Net cash 58.9 million !

teareader

63 posts

Posted by teareader > 2016-05-03 18:35 | Report Abuse

Someone's trying to collect cheap.

Diamond7

2,198 posts

Posted by Diamond7 > 2016-05-04 16:59 | Report Abuse

Volume up!
Mysterious! Someone keep buying!
Anybody with news?............

Diamond7

2,198 posts

Posted by Diamond7 > 2016-05-11 16:30 | Report Abuse

Wa......very agressive!!!

Diamond7

2,198 posts

Posted by Diamond7 > 2016-05-14 00:14 | Report Abuse

oooOOO !!! Wa! Great !
Small capital.....80 million!!!!
Cash rich......

winPLUSwin

418 posts

Posted by winPLUSwin > 2016-05-17 17:46 | Report Abuse

management keep buying, sooner or later to explode. 3.00 TP no problem.

Diamond7

2,198 posts

Posted by Diamond7 > 2016-05-18 16:34 | Report Abuse

Good! Good! Good!

Diamond7

2,198 posts

Posted by Diamond7 > 2016-05-18 16:46 | Report Abuse

But why?........cash rich? Share split? BOnus?

Diamond7

2,198 posts

Posted by Diamond7 > 2016-05-24 20:38 | Report Abuse

Wa.....big volume!!!

Diamond7

2,198 posts

Posted by Diamond7 > 2016-06-14 17:02 | Report Abuse

Wah! !wah! wah!

Diamond7

2,198 posts

Posted by Diamond7 > 2016-08-18 08:53 | Report Abuse

Only 80 million units....

Diamond7

2,198 posts

Posted by Diamond7 > 2016-09-01 22:49 | Report Abuse

M&A sucurities TP RM2.38........Dividen yield 3.5 cents

Diamond7

2,198 posts

Posted by Diamond7 > 2017-01-02 09:02 | Report Abuse

Why Dr Yu Kuan Chon and Mr Chan Weng Fui keep acquiring?

Diamond7

2,198 posts

Posted by Diamond7 > 2017-01-02 18:17 | Report Abuse

Privatise???

Diamond7

2,198 posts

Posted by Diamond7 > 2017-01-02 18:17 | Report Abuse

Bonus??? Share split???

Diamond7

2,198 posts

Posted by Diamond7 > 2017-01-11 06:57 | Report Abuse

privatise?

kakashit

1,472 posts

Posted by kakashit > 2017-08-08 11:26 | Report Abuse

no growth punya counter

Posted by shareinvestor88 > 2018-02-17 21:01 | Report Abuse

Sell n run TP 80c

Posted by shareinvestor88 > 2018-02-20 08:05 | Report Abuse

Sell and Run

Diamond7

2,198 posts

Posted by Diamond7 > 2018-08-18 05:56 | Report Abuse

Any bonus, share split?

Diamond7

2,198 posts

Posted by Diamond7 > 2018-08-18 05:57 | Report Abuse

keep.....may privatise
Small capital....
cash rich!

Diamond7

2,198 posts

Posted by Diamond7 > 2018-08-20 11:50 | Report Abuse

Any news for the surge in volume n price?

Abang Mad

1,496 posts

Posted by Abang Mad > 2018-10-08 22:29 | Report Abuse

Better buy this counter...looks good profit

Diamond7

2,198 posts

Posted by Diamond7 > 2019-01-04 17:22 | Report Abuse

Wa! RM2.29 Liao.

Posted by commonsense > 2019-02-07 10:42 | Report Abuse

2Q19 result marks the 4th consecutive disappointing quarter for its shareholders. The company had only managed to record a dismal profit of RM1.5mil in 1H19 which is a fall of more than 75% vs the RM6.1mil profit achieve in 1H18. The causes of the fall in profit are due to

1) the falling revenue due to slower sales from Malaysia which dropped by more than 30% during the period

2) the fall of gross profit margin from 30.6% in 1H18 to now of only 20.8%

Given that the 2 reasons mentioned above are most likely to remain in the near term, investors will need to be prepared for the company to continuously post profit level similar to 1H19 result for the rest of FY19 and most probably in FY20 as well.

Assuming the company could deliver a profit of RM5mil for FY19 (remaining 2 quarters will need to deliver at least RM1.8mil profit per quarter), at the current price, Imaspro would have already been valued at 34x PE which is high given the doubts in the company ability to deliver consistent profit growth in the future.

If you are looking to diversify your portfolio outside of Imaspro (due to its weak earnings outlook and relatively high valuation), 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 7.2x 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.

Diamond7

2,198 posts

Posted by Diamond7 > 2019-06-13 15:40 | Report Abuse

Vow!
RM 2.20 liao

MF0001

932 posts

Posted by MF0001 > 2021-03-28 23:26 | Report Abuse

SUPER CHEAP

ECONOMY COME BACK

THIS PRICE

N COMPANY EARNING

FUI FUI FUI

PEW PEW PEW

:DDDDDDDDDDDDDDDDDDDDDDDDDDDDDD

Posted by ipohwhitecoffee > 2022-05-10 16:41 | Report Abuse

It's time for Dr. Yu to make a come back. Build position in Imaspro to pledge my support.

Michael Kwok

6,089 posts

Posted by Michael Kwok > 2022-10-09 22:42 | Report Abuse

Sell call imaspro rm 5.60
Tp below rm 3.50.
9/10/2022 10.42pm

Posted by wallstreetrookie > 2022-10-12 15:38 | Report Abuse

Fertilizer price go brrrr

Posted by wallstreetrookie > 2022-10-23 13:39 | Report Abuse

The next Hwatai in 1990s

Posted by wallstreetrookie > 2022-10-25 09:30 | Report Abuse

This company feels like Hwatai back in 1990s

Posted by ipohwhitecoffee > 2022-10-25 16:41 | Report Abuse

Fantastic. Stay invested since May and proven my support towards Dr Yu was right after all :D

Endgame

718 posts

Posted by Endgame > 2022-10-25 22:29 | Report Abuse

Pump
And
Later dump?

Posted by tt911638 > 2022-10-26 10:14 | Report Abuse

limitup!

Poh Chye

46 posts

Posted by Poh Chye > 2022-10-27 08:39 | Report Abuse

Lost 10M last Q and now the share up like rocket, amazing

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