IMASPRO CORPORATION BHD

KLSE (MYR): IMASPRO (7222)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

4.50

Today's Change

+0.29 (6.89%)

Day's Change

4.19 - 4.50

Trading Volume

19,800

Price Target

A price target is an analyst's projection of a share's future price. 

Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months.

Last Price

4.50

Avg Target Price

2.38

Upside/Downside

-2.12 (47.11%)

Price Call

0

SELL

0

HOLD

0

BUY

Date Open Price Target Price Upside/Downside Price Call Firm View Action
Discussions
3 people like this. Showing 50 of 142 comments

Andrew Wai San Lum

any news/timeframe/target price ?

2015-10-20 14:12

whitesheep

at least RM 2.4

2015-10-20 22:30

Poh Chye

wait for 20 nov 2015 results. shd be good.

2015-10-22 15:36

Diamond7

Volume up! Price up! Any news ? Bonus? Share split?MFree warrants ? ........

2015-11-03 15:08

Poh Chye

all depends on the good doctor

2015-11-03 17:59

Diamond7

M sick, sick, sick....call for the doctor, quick, quick, quick.....
Medication : BONUS ! BONUS! BONUS! haha....SHARE SPLIT! SHARE SPLIT! SHARE SPLIT!
Plus SPECIAL DIVIDEN.....hehe!!!

2015-11-03 18:33

whitesheep

cantik, maintain at 1.75 till AGM !!! warming up

2015-11-12 17:12

Diamond7

Any news for the surge in volume?

2015-11-20 18:57

tanym

buy before it explode....

2015-11-27 14:19

Diamond7

Any news? Bonus? Share split? Free warrants?

2015-12-17 09:48

Diamond7

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

2015-12-21 13:40

Diamond7

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

2016-01-04 16:28

Diamond7

Who is buying?Any good news?

2016-03-11 16:02

Diamond7

Wa.......!!!

2016-03-21 16:09

Diamond7

Target price RM2.26....

2016-03-22 13:36

Diamond7

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

2016-04-11 16:20

Diamond7

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???

2016-04-30 14:07

Mii Mii

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

2016-05-02 09:50

Mii Mii

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

2016-05-02 09:51

Mii Mii

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

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

2016-05-02 09:52

Diamond7

Cash rich counter!

2016-05-03 11:38

Diamond7

Net cash 58.9 million !

2016-05-03 11:40

teareader

Someone's trying to collect cheap.

2016-05-03 18:35

Diamond7

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

2016-05-04 16:59

Diamond7

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

2016-05-11 16:30

Diamond7

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

2016-05-14 00:14

winPLUSwin

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

2016-05-17 17:46

Diamond7

Good! Good! Good!

2016-05-18 16:34

Diamond7

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

2016-05-18 16:46

Diamond7

Wa.....big volume!!!

2016-05-24 20:38

Diamond7

Wah! !wah! wah!

2016-06-14 17:02

Diamond7

Only 80 million units....

2016-08-18 08:53

Diamond7

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

2016-09-01 22:49

Diamond7

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

2017-01-02 09:02

Diamond7

Privatise???

2017-01-02 18:17

Diamond7

Bonus??? Share split???

2017-01-02 18:17

Diamond7

privatise?

2017-01-11 06:57

kakashit

no growth punya counter

2017-08-08 11:26

shareinvestor88

Sell n run TP 80c

2018-02-17 21:01

shareinvestor88

Sell and Run

2018-02-20 08:05

Diamond7

Any bonus, share split?

2018-08-18 05:56

Diamond7

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

2018-08-18 05:57

Diamond7

Any news for the surge in volume n price?

2018-08-20 11:50

Abang Mad

Better buy this counter...looks good profit

2018-10-08 22:29

Diamond7

Wa! RM2.29 Liao.

2019-01-04 17:22

commonsense

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.

2019-02-07 10:42

Diamond7

Vow!
RM 2.20 liao

2019-06-13 15:40

MF0001

SUPER CHEAP

ECONOMY COME BACK

THIS PRICE

N COMPANY EARNING

FUI FUI FUI

PEW PEW PEW

:DDDDDDDDDDDDDDDDDDDDDDDDDDDDDD

2021-03-28 23:26

ipohwhitecoffee

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

2022-05-10 16:41

Post a Comment