IOI PROPERTIES GROUP BERHAD

KLSE (MYR): IOIPG (5249)

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Last Price

2.12

Today's Change

-0.02 (0.93%)

Day's Change

2.11 - 2.16

Trading Volume

2,009,400


4 people like this.

2,883 comment(s). Last comment by KingKKK 1 month ago

Lee101

15 posts

Posted by Lee101 > 2021-02-05 12:04 | Report Abuse

IOI Properties will release its quarterly results this month. Market is expecting positive results and great project news. Given IOI Corp has been actively embarking on diversifying its businesses, it is reasonable to assume IOI Properties will also follow the same trend.

Lee101

15 posts

Posted by Lee101 > 2021-02-05 19:21 | Report Abuse

The company's Vice Chairman who is also a majority shareholder bought another Rm6.8 million shares yesterday. He has spent about Rm63 million in the past 9 weeks buying the company shares in his own name. I can't wait to find out great news from the company!!

ivanlau

1,324 posts

Posted by ivanlau > 2021-02-06 11:26 | Report Abuse

today closing 1.50, mark my wording " overvalue stock at current price , it will drop to rm 1 in year 2021 " .....

Vin_vin

10 posts

Posted by Vin_vin > 2021-02-07 13:56 | Report Abuse

Bro , Nta 3.42 u say overvalued?

Lee101

15 posts

Posted by Lee101 > 2021-02-08 20:01 | Report Abuse

The company's Vice Chairman bought another Rm7.6 million shares last Friday. He has spent more than Rm70 million in the past 9 weeks buying the company shares in his own name. Can't wait for the great news to be announced!

Val-Elta

669 posts

Posted by Val-Elta > 2021-02-09 10:38 | Report Abuse

personally, i don't think there's gonna too much good news to be announced.. at least not so soon, you're talking about ultra high net worth individual, 70million is like spare change to him, even if the share price drop 10, 20 percent from his purchase price, really no rasa to him one...

Even if you look at FY 2017, their EPS is 18.42 cents
The FY2017 is due to earnings from projects launched in 2013-2015.. which is still in the peak/just after peak of property bull run....

If their peak of bullrun, EPS is 18.42 cent, even in a best case scenario they can sustain their 3.49 cents EPS, for 4 quarters, it's still an EPS of 13 cents.. which is about fairly valued at 12x EPS for current price range.

His risk profile and your risk profile also very different.... you will cut loss if it drops 10%, he has infinite pocket to keep buying more.

Val-Elta

669 posts

Posted by Val-Elta > 2021-02-09 10:44 | Report Abuse

why buy IOIPG for an estimated(realistic) EPS of 10-13 cents for this FY, when there're others better Price/EPS ratio, Price/NAPS, Price/NetCashPerShares property counters....

Val-Elta

669 posts

Posted by Val-Elta > 2021-02-09 10:46 | Report Abuse

IOIPG themselves have guided that their china property sales is likely to moderate, and the previous QR result is most likely a one off event, due to the chinese in PRC, just open MCO and buy a lot....

Val-Elta

669 posts

Posted by Val-Elta > 2021-02-09 11:20 | Report Abuse

Having said that, we'll only know upon release of Q result, for those who've already invested, even if current EPS is not overperforming, or even if it's underperforming, if ur holding power is long enough, 1.60 average price can be super cheap in 3 years time also... who knows..

It really depends on your investment objective/time frame risk acceptance...

Newbn00b

315 posts

Posted by Newbn00b > 2021-02-09 17:07 | Report Abuse

Hope the wait won't be too long. My average price is 1.5

Lee101

15 posts

Posted by Lee101 > 2021-02-09 20:17 | Report Abuse

Vice Chairman bought another Rm30 million shares yesterday. Total investment over Rm100 million in the past 9 weeks.

Lee101

15 posts

Posted by Lee101 > 2021-02-09 20:24 | Report Abuse

This is a solid company with a great management team. They are presented with all sorts of great business opportunities to diversify their business all day everyday as seen in their responses to Bursa recently. I am holding on to my shares and wait to find out the next Big thing from this company.

Newbn00b

315 posts

Posted by Newbn00b > 2021-02-10 12:01 | Report Abuse

Ouch.. Looks like going to fall back to 1.27?

In_Sight

440 posts

Posted by In_Sight > 2021-02-10 22:17 | Report Abuse

No matter how rich your are. I believe you will not spend 100million just for fun. Especially when you are already controlling 65% of the company. Something is very likely brewing.

Newbn00b

315 posts

Posted by Newbn00b > 2021-02-10 22:33 | Report Abuse

I really hope so. Mr. Lee does not spend 100 million just to trap ikan bilis like me.

chanph

727 posts

Posted by chanph > 2021-02-13 08:17 | Report Abuse

Remember EPF and the Lee family had been constantly purchase and buy back shares respectively since 2 to 3 years back...

Newbn00b

315 posts

Posted by Newbn00b > 2021-02-18 17:09 | Report Abuse

Mr. Lee buying spree is over. Trapped like a crab now

James Lee

77 posts

Posted by James Lee > 2021-03-01 16:57 | Report Abuse

rubbish stock

Newbn00b

315 posts

Posted by Newbn00b > 2021-03-04 12:20 | Report Abuse

Mr. Lee use RM100 mils to buy back his rubbish stock. Not a bad boss, isn't he?

In_Sight

440 posts

Posted by In_Sight > 2021-03-05 16:09 | Report Abuse

be patient....show begins in April

Posted by Simkokwai > 2021-03-12 17:08 | Report Abuse

no news

Newbn00b

315 posts

Posted by Newbn00b > 2021-03-15 09:24 | Report Abuse

Mr. Lee was doing charity last month. It may not happen again soon.

In_Sight

440 posts

Posted by In_Sight > 2021-03-15 11:36 | Report Abuse

today buy today want? lol....be patient...

observatory

1,017 posts

Posted by observatory > 2021-03-16 01:15 | Report Abuse

"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?

James Lee

77 posts

Posted by James Lee > 2021-03-16 09:55 | Report Abuse

IOI置业REITs 3年上市 股价中期具上升动力

(吉隆坡15日讯)IOI置业集团(IOIPG,5249,主板产业股)有意在未来2至3年内安排房产信托(REITs)上市,分析员认为这将成为其股价中期内上升动力。

兴业投行分析员近期与IOI置业集团首席执行员潘丁友进行了一场虚拟会议,后者透露计划在未来2年至3年内成立REITs。

分析员指出,截至目前,该公司的投资产业累积总值约40亿令吉。一旦新加坡Central Boulevard办公楼完工,该公司的总投资组合价值将在2023年杪达到100亿令吉。

管理层亦表示,该公司可能将海外产业注入REITs上市。分析员相信,这将是IOI置业集团股价中期内强劲的上升动力。与此同时,分析员表示,IOI置业集团旗下所有他业务将在2022财政年稳健复苏,尤其是房产投资业务。

管理层的目标是突破本身在2019财政年达到的18亿令吉销售目标(2021财政年首9个月的销售为9亿1300万令吉),并认为今年下半年的销售会更强稳。

狮城项目推迟

另外,随著行管令措施逐渐放宽,该公司表示,位于布城的IOI City Mall购物商场的人流量,在近几个星期内已经大致恢复。因此,分析员预计,除了酒店业务以外,IOI置业集团旗下所有业务将强势反弹,特别是房地产投资业务。分析员指出,由于新加坡去年采取冠病阻断措施,因此Central Boulevard办公楼项目已展延9至12个月,预计2023年中旬才能完工。

“我们预计,项目展延将推高其建筑成本,但该公司有能力应付额外成本,不会影响其净利表现。”

布城IOI City Mall第2阶段的发展计划亦被推迟至2022年9月。第1阶段项目相当成功,第2阶段项目已出租60%的单位。

针对市场数月前传闻IOI置业集团有意涉足疫苗分销领域,潘丁友澄清该公司现阶段没有参与非产业相关业务。但董事局仍会持续寻找新商机。兴业投行把IOI置业集团的投资评级从“中和”调高至“买进”,目标价从1.42令吉调高13%,至1.60令吉。

IOI置业集团闭市报1 . 4 2令吉,无起落,成交量为90万股。

https://www.orientaldaily.com.my/news/business/2021/03/15/398739

In_Sight

440 posts

Posted by In_Sight > 2021-03-17 12:43 | Report Abuse

Are you guys ready? 2 more weeks to April and show begins!

mjojo007

93 posts

Posted by mjojo007 > 2021-03-17 14:44 | Report Abuse

what happens bro

In_Sight

440 posts

Posted by In_Sight > 2021-03-17 19:00 | Report Abuse

China!

In_Sight

440 posts

Posted by In_Sight > 2021-03-24 18:23 | Report Abuse

Sorry guys, just heard party’s over. Canceled! Time to leave. Bye~

In_Sight

440 posts

Posted by In_Sight > 2021-03-31 13:24 | Report Abuse

hmm..seems like got abit action today... to sell on rumours or to hold... that is the question

johotin88

385 posts

Posted by johotin88 > 2021-04-01 18:20 | Report Abuse

What rumours? Care to share?

RainT

8,448 posts

Posted by RainT > 2021-05-28 22:30 | Report Abuse

Monday drop

buy

FreshNoob

245 posts

Posted by FreshNoob > 2021-06-03 20:33 | Report Abuse

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

clez91

27 posts

Posted by clez91 > 2021-06-22 12:14 | Report Abuse

slow and steady, sapu & collect per week within 1.25-1.28
support at 1.24

FreshNoob

245 posts

Posted by FreshNoob > 2021-06-22 14:31 | Report Abuse

When can move up again ?

clez91

27 posts

Posted by clez91 > 2021-06-23 14:57 | Report Abuse

dunno la @freshNoob
in 2 years time kot hahahh collect & keep in freezer

lucky8

181 posts

Posted by lucky8 > 2021-07-14 18:16 | Report Abuse

1.10 a good support now, time to rebounce sharp? TP: 1.50 should be good

ivanlau

1,324 posts

Posted by ivanlau > 2021-07-14 23:41 | Report Abuse

-------- quote ---------

Stock: [IOIPG]: IOI PROPERTIES GROUP BHD

Feb 6, 2021 11:26 AM | Report Abuse

today closing 1.50, mark my wording " overvalue stock at current price , it will drop to rm 1 in year 2021 " .....

----- unquote -------

Today closing 1.11 !!!

guppycrow

96 posts

Posted by guppycrow > 2021-09-20 20:12 | Report Abuse

Long term buy proxy from uptick value.

FreshNoob

245 posts

Posted by FreshNoob > 2021-09-30 11:25 | Report Abuse

Suspended ?

InterFund®

1,777 posts

Posted by InterFund® > 2021-10-14 17:53 | Report Abuse

First TP RM 1.34................................

Posted by kiasu_trader > 2021-10-15 09:34 | Report Abuse

TP 1.50 a good news coming up

FreshNoob

245 posts

Posted by FreshNoob > 2021-10-18 10:04 | Report Abuse

@kiasu trader . Care to share some info ? :)

Posted by Anyway5890 > 2021-12-09 12:30 | Report Abuse

RUBBISH

Shines

2,726 posts

Posted by Shines > 2021-12-09 14:28 | Report Abuse

History la

FreshNoob

245 posts

Posted by FreshNoob > 2021-12-09 16:21 | Report Abuse

Omg . What's going on here

Shines

2,726 posts

Posted by Shines > 2021-12-15 18:30 | Report Abuse

Once drop will keep dropping no chance already

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