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Last Price

0.545

Today's Change

0.00 (0.00%)

Day's Change

0.54 - 0.545

Trading Volume

324,800


3 people like this.

171 comment(s). Last comment by 80gram 1 week ago

mrbusiness

206 posts

Posted by mrbusiness > 2021-09-28 14:54 | Report Abuse

Dato‘ 讲股票:怡保花园商托IGB Commercial REIT。南洋商报没有做好功课!

https://www.facebook.com/212046143060081/posts/910324039898951/

Posted by Foreign_Invest > 2021-09-29 15:26 | Report Abuse

this counter only active selling? buying transaction so few..

Sharefisher

5,471 posts

Posted by Sharefisher > 2021-09-29 21:50 | Report Abuse

Not yet over, the selling was still continues today, the seller is tricky guy, so, the huge q to buy at 0.61 and 0.615 could be fake buying interest. Be careful.

Posted by Foreign_Invest > 2021-09-30 13:08 | Report Abuse

@sharefisher this is against law, coz action like this is one of manipulation tactics. queue and cancel later, queue and cancel later. Just watch the show first

charlie1

10 posts

Posted by charlie1 > 2021-09-30 14:55 | Report Abuse

Is the current price 62.5sen a good buy?

Sharefisher

5,471 posts

Posted by Sharefisher > 2021-09-30 20:49 | Report Abuse

It is normal to have fake q to buy or sell in our market ... Nothing illegal... Only to cheat no experience retailers.

firehawk

4,783 posts

Posted by firehawk > 2021-10-04 08:30 | Report Abuse

Some talked about IPO price, this showed that how little they know about this listing .... may be they think there was IPO for public to apply :D

winterwolf

663 posts

Posted by winterwolf > 2021-10-04 08:47 | Report Abuse

Posted by Sharefisher > Sep 30, 2021 8:49 PM | Report Abuse

It is normal to have fake q to buy or sell in our market ... Nothing illegal... Only to cheat no experience retailers.

---------------------------

You can try and see for yourself if it is illegal or not.

Do it often enough, you will be flagged by SC, and then you can come here and tell us all about it.

Posted by Foreign_Invest > 2021-10-04 12:27 | Report Abuse

Yea, don’t talk about queue for few hundred or few thousand. When come to hundred thousand or million, queue now cancel later, keep repeating queue again cancel later is one of the manipulation, this can get caught.

Sharefisher

5,471 posts

Posted by Sharefisher > 2021-10-04 21:38 | Report Abuse

I don't know about others counters, but if you care to monitor pbb, last few days, more than 200k share just key in and cancelled in seconds, same number of shares, just key in then cancelled. SC is the toothless tiger lah.

Sharefisher

5,471 posts

Posted by Sharefisher > 2021-10-04 21:42 | Report Abuse

Manipulation is the main idea for share market trading. If manipulation is not allowed, who want to trade?

Sharefisher

5,471 posts

Posted by Sharefisher > 2021-10-04 21:52 | Report Abuse

Anyway, reit is for long term and not for trading... No need to rush to buy at the moment, still got sellers keen to sell.

Posted by Foreign_Invest > 2021-10-05 11:55 | Report Abuse

Agree, reit stock price movement really hardly move. Entry price decide your portfolio return. Still watch this ipo show.

firehawk

4,783 posts

Posted by firehawk > 2021-10-07 15:14 | Report Abuse

undoubtedly, there are still some firmly believe that there was IPO for public to subscribe and their effective cost is 0.40 ...... :D

Posted by martinbartesque > 2021-10-12 21:12 | Report Abuse

Seems lesser seller at recent price.

Investeye

2,347 posts

Posted by Investeye > 2021-10-15 12:23 | Report Abuse

Feeling good !

Posted by martinbartesque > 2021-10-15 12:53 | Report Abuse

Little but little up. Target 0.80 and above

newbie2y

585 posts

Posted by newbie2y > 2021-10-15 14:07 | Report Abuse

getting nearer to quarter results release...price playing catch-up to fundamentals? :)

smartly

6,442 posts

Posted by smartly > 2021-10-15 14:21 | Report Abuse

declaring DPU in this coming QR ?
can start walloping....

smartly

6,442 posts

Posted by smartly > 2021-10-15 14:25 | Report Abuse

if DPU is 0.04sen, then
0.04/0.66 = 6% not bad. sapu.....

newbie2y

585 posts

Posted by newbie2y > 2021-10-18 12:34 | Report Abuse

@smartly, they declare semi-annual basis..according to this - https://klse.i3investor.com/blogs/kianweiaritcles/2021-06-21-story-h1566941926-IGB_Commercial_REIT_15_Key_Things_Investors_Should_Know_smallcapasia.jsp

on whether how much they will declare, i think we can get a glimpse of how much they earn for this qr (end sept) then we can roughly estimate 90% of the income to be distributed..

Posted by nuttyprofessor > 2021-10-20 11:06 | Report Abuse

what happened today? mass sell down by 2cents

Sharefisher

5,471 posts

Posted by Sharefisher > 2021-10-20 11:09 | Report Abuse

Insider buying according to the company announcement. .......no rush..

firehawk

4,783 posts

Posted by firehawk > 2021-10-20 11:11 | Report Abuse

No rush ... buy @0.40 ?

Sharefisher

5,471 posts

Posted by Sharefisher > 2021-10-20 11:11 | Report Abuse

Interest rate up is a bad news to reit.

fortunefire

1,528 posts

Posted by fortunefire > 2021-11-02 18:08 | Report Abuse

office towers still laku ?

NYC

9 posts

Posted by NYC > 2021-11-24 20:35 | Report Abuse

Even though lot of ppl concern about the upcoming supplies and work from home norm, but offices in strategic area like Mid Valley continue to enjoy good occupancy. 70% of the IGBCR asset in Mid Valley and in “controlled” area because all office buildings belong to IGB. Their overall occupancy rate now at 76%, slight lower compared to a year due to a newly completed office building currently occupied half. I see the office crowd there are gradually back to 60-70%.

Historically office REITs hardly trade below 0.5x to book, hence think fair to assume downside risk around 20% from their current price. In the case of rising interest, IGBCR only exposed to 26% of gearing, lower than office REITs like Sentral and well below 60% requirement from SC. Room for them to inject other assets in future.

Sharefisher

5,471 posts

Posted by Sharefisher > 2021-12-22 09:44 | Report Abuse

How? Below 0.6........hmmm.....wait first.

Posted by nuttyprofessor > 2022-02-07 09:46 | Report Abuse

only take 400 lots to push 5% of stock price just before div date... so tempted.

Pinky

3,499 posts

Posted by Pinky > 2022-03-01 16:25 | Report Abuse

Do u guys think HLB's assumption of 5 sen gross dividend p.a. achievable?

Posted by InvestIcon > 2022-04-16 14:54 | Report Abuse

@Pinky, Current 71% occupancy rate is due to Pandemic and it’s the lowest occupancy. With market reopening, the occupancy highly will improve rather than drop further. Plus, management indicated thus year rental will positively revise. So, 5 cents or increase of 25% rental income is likely achievable.Furthermore, even if the rental increase is not achieve. Current 4 cents or 6.6% yields is relatively high for existing market

Pinky

3,499 posts

Posted by Pinky > 2022-04-16 15:23 | Report Abuse

If this REIT can match the stability and dividend yield of UOAREIT I'd be happy to keep and accumulate slowly.

Pinky

3,499 posts

Posted by Pinky > 2022-04-28 10:32 | Report Abuse

Rubbish performance! Buy UOAREIT for strata offices exposure better. Sold!

Pinky

3,499 posts

Posted by Pinky > 2022-07-28 09:47 | Report Abuse

Disappointing indeed. UOAREIT is the better choice

dragon328

2,633 posts

Posted by dragon328 > 2022-08-12 12:56 | Report Abuse

the parent of IGBCR is more interesting at current prices

80gram

87 posts

Posted by 80gram > 2022-08-23 15:40 | Report Abuse

the parent can continue paying dividends?

dragon328

2,633 posts

Posted by dragon328 > 2022-08-23 16:56 | Report Abuse

definitely. IGBB cashflows are very strong, dividends from IGB REIT and IGBCR are more than 20 sen per share. Wait till it carries out the proposed corporate exercises then it will be able to pare down borrowings and raise dividend payouts

Pinky

3,499 posts

Posted by Pinky > 2023-01-20 13:38 | Report Abuse

https://www.theedgemarkets.com/node/652520

HLIB U-turn already. Luckily did not listen to them then and ran away

SHOB

622 posts

Posted by SHOB > 2024-01-17 10:26 | Report Abuse

coming back

smartly

6,442 posts

Posted by smartly > 2024-01-30 19:54 | Report Abuse

Entitlement subject Income Distribution
Entitlement description 1.75 sen per unit comprising 1.69 sen taxable and 0.06 sen non-taxable for the period from 1 July 2023 to 31 December 2023
Ex-Date 15 Feb 2024

smartly

6,442 posts

Posted by smartly > 2024-02-06 17:58 | Report Abuse

Pursuant to the Bursa Malaysia Securities Berhad's letters dated 7 May 2021 and 16 July 2021 respectively in relation to the Approved Manager's Units and the Approved Public Spread, 8,419,338 new units of IGBCR to be issued to IGB REIT Management Sdn Bhd, the Manager of IGBCR as payment of management fees, as detailed below:

Period Management Fees Issue Price per unit# Units to be issued
1 October 2023 to 31 December 2023 ("4Q23")

Base Fee @ 0.3% per annum (“p.a.”) of Total Asset Value (excluding cash and cash balances which are held in non-interest bearing accounts)

RM2,507,496 RM0.493 5,086,198
Performance Fee @ 5% p.a. of Net Property Income RM1,643,238 RM0.493 3,333,140
Total RM4,150,734 8,419,338

smartly

6,442 posts

Posted by smartly > 2024-02-06 18:00 | Report Abuse

why is the management fees & performance fee is so expensive (RM4,150,734) compare with other reits ?

sweetswag

17 posts

Posted by sweetswag > 2024-02-29 16:44 | Report Abuse

Dividend received today ☺️

remus

113 posts

Posted by remus > 2024-07-27 10:16 | Report Abuse

last two quarters Q1 & Q2 '24, DPS 1.93c > EPS 1.5c, this is not Sustainable ?
- estimate FY24 => EPS 3c, 90% => DPS 2.7c, at price 0.485, DY at 5.5% only

lulu27

2 posts

Posted by lulu27 > 2024-07-29 15:40 | Report Abuse

Yup, the DPS is not sustainable.
Management are taking share unit instead of cash for their fees.
Good thing is higher DY we saw.
Bad thing is it will diluted our share holding.

goldenhope

304 posts

Posted by goldenhope > 2 weeks ago | Report Abuse

Now only realised L8 & 9 of Menara Southpoint is not under IGBBR

80gram

87 posts

Posted by 80gram > 1 week ago | Report Abuse

was originally ballroom n convention center...demand for office so good in Mid Valley

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