"Regarding market rumours of IOIPG getting involved in the vaccine distribution a few months ago, Dato’ Voon clarified that the company has no immediate plans to venture into other non-property related business." ~~ from analyst report
So much the rumours created to send share price from under RM1 to RM1.77 in 2 weeks.
Should get back to fundamentals. How will increased footfall contribute to the recovery? Potential catalyst from REIT listing a few years later?
Forecast. Unchanged. We maintain our BUY recommendation with an unchanged TP of RM1.77 based on discount of 60% to a RNAV of RM4.44. We like IOIPG given its ability to heavily outperform its peers over the past quarters during the ongoing pandemic alongside its ability to sustain strong net margins of 20-30%. We see value in the stock as it is priced at a P/B valuation of 0.4x (below -1SD of its 5-year mean) despite generating consistent earnings during the ongoing pandemic.
Source: Hong Leong Investment Bank Research - 3 June 2021
I just buy lo some, my thinking is that, if I bought 10k shares, and the shares price drop 5 sen my papwr lost is just 500, just think how huge paper lost for the bosses having millions and those with margin.
New law coming , to control property market by Housing Minister MP for Ampang. Please vote her out. Rental deposit must be kept by the housing minister. Interest on billions of deposits to let housing minister use for admin expenses. They intefere in private investors job and earn money from you. House rental cannot simply increase. Minister pay can anyt time increase. 3 ministers in one ministry also can. If tenant no pay rent, cannot deduct from deposit Housing minister issue 3800 interview, no body receive except Housing miniters people They pretend to manage tenant -owner dispute, but earn interest. No strata title problem between developer and owners drags for 30years, still useless housing Minister Zuraida shake leg Property rental mkt will collapse. Time to avoid property portfolio Property industry will slowly downtrend. Construction sector will be hit. Small property company will abandon projects. Buyers will be traped paying bank interest for house abandon. It is coming..Started by Housing Minister Zuraida. Avoid small unknown property developers. During last property crash, many buyers were caught with uncompleted property, yet have to pay bank loan for 30 years
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....