IGB BERHAD
KLSE (MYR): IGBB (5606)
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Last Price
2.35
Today's Change
+0.03 (1.29%)
Day's Change
2.33 - 2.35
Trading Volume
8,300
Overview
Market Cap
2,128 Million
NOSH
905 Million
Avg Volume (4 weeks)
49,862
4 Weeks Range
2.22 - 2.37
4 Weeks Price Volatility (%)
86.67%
52 Weeks Range
1.85 - 2.85
52 Weeks Price Volatility (%)
50.00%
Previous Close
2.35
Open
2.33
Bid
2.34 x 1,700
Ask
2.36 x 6,000
Day's Range
2.33 - 2.35
Trading Volume
8,300
Financial Highlight
Latest Quarter | Ann. Date
31-Dec-2021 [#4] | 25-Feb-2022
Next QR | Est. Ann. Date
31-Mar-2022 | 28-May-2022
T4Q P/E | EY
13.15 | 7.61%
T4Q DY | Payout %
7.11% | 93.41%
T4Q NAPS | P/NAPS
4.18 | 0.56
T4Q NP Margin | ROE
25.73% | 4.28%
Market Buzz
News and Blogs
Company Profile
Description:
IGB Bhd, formerly known as Goldis Bhd was incorporated on June 1, 2000. The Company is an investment company with private equity investments in Malaysia and China. The Company is organised into five segments namely Property investment and management, Property development, Hotel, Construction and Investment holding.
Discussions
2 people like this. Showing 50 of 492 comments
ACD Ya, never thought IGB can be affected like that. Since MCO first lockdown in Mar till now is 3 quarters already. 2Q report already presented showing poor profit. Everyone can expect poor revenue but doubly poor profit is not acceptable for a seemingly good company. For a country 2Q decline is already recession. For a company, 2 Q decline with profit dropping double of revenue pointing to their ability of not adapting
2020-11-27 15:06
Rajuan, then their business or IT need a revamp to more e type-business. Robinson also tutup. But i do agree the revenue vs profit drop too steep over 2quarter does suggest no meaningful action is done. They need to transform. Maybe a transformation team.
2020-11-27 15:48
They need a dynamic team willing to explore technology not just BAU type of execution. Be like Tony Fernandez hahahaha. I am ordering every Thursday thru AA apps for free delivery
2020-11-27 15:50
Hopefully a dynamic team or IT to lead the charge. But I doubt it. 3Q already and dont see anything. Either you are good in acquiring ppls business or you are good at starting up. If you can do both is the best. damacai also already doing the DMC Go but dont see the rest trying.
2020-11-27 16:00
Yeap yeap. Your disappointment of IGB is akin to those who believe US was to lead on handling pandemic base on report in 2016 but failed miserable. Hahaha hope i didn't over exaggerated
2020-11-27 16:11
No sign of activeness even Corp exercise of comReits is announced. Showing Reits sentiment no good & commercial rentals r generally on high risks.
Majority s/h take great advantage to let go dier ppties in 1 big goal to b taken up by d public which r mostly cash poor nowadays
2021-05-27 07:15
Can someone explain to me what the below mean? Sorry, trying to learn here.
RESTRICTED OFFERING OF UP TO 945,000,132 UNITS IN IGB COMMERCIAL REAL ESTATE INVESTMENT TRUST ("IGB COMMERCIAL REIT") ("UNITS") COMPRISING: (A) RESTRICTED OFFER FOR SALE OF UP TO 378,000,053 UNITS ("ROFS UNITS") ON A NON-RENOUNCEABLE BASIS TO ENTITLED SHAREHOLDERS OF IGB BERHAD ("IGB") ON THE BASIS OF TWO (2) ROFS UNITS FOR EVERY FIVE (5) ORDINARY SHARES IN IGB HELD ON THE ENTITLEMENT DATE AT THE PRICE OF RM1.00 PER ROFS UNIT; AND (B) DISTRIBUTION-IN-SPECIE OF UP TO 567,000,079 UNITS ("DIS UNITS") TO BE DISTRIBUTED ONLY TO ENTITLED SHAREHOLDERS OF IGB WHO HAVE SUBSCRIBED FOR THEIR ENTITLEMENTS TO THE ROFS UNITS ON THE BASIS OF THREE (3) DIS UNITS FOR EVERY TWO (2) ROFS UNITS SUBSCRIBED, ("RESTRICTED OFFERING").
2021-05-31 17:05
Say if you have 1000 units of IGBB before 3 June 2021, you are offered 1000 units of IGB Commercial Reit (new and will be listed in mainboard in August) for RM400. But for public offering, it will be RM1000 for 1000 units shares.Got it?
2021-06-01 10:46
You are welcome. Tauke-tauke all converted because of this good deal.
https://klse.i3investor.com/additionalListing/5606/01-Jun-2021/29157_2...
2021-06-01 15:29
And normal normal and possible special dividend declared in August.
2021-06-01 20:37
Sorry, need to ask about the corporate action again. As a shareholder of IGBB, what do I need to do to accept the offer? Do I have to fill up any form to subscribe and pay for the shares offered to me?
2021-06-03 09:57
IGBC REIT issued 2,307M shares and RM 8.5M cash to IGBB for buying properties. Where the cash come from? (IGBC REIT only get RM378 + RM 282 = RM 660 cash after listing)
2021-06-03 10:45
So for every 1000 IGBB shares (assuming I bought it at RM2,800 prior to ex-date), I can buy 400 IGBREIT shares (by paying RM400). And by buying the 400 IGBREIT, I will get another 600 IGBREIT shares for free.
So my total cost is RM3,200
Effectively, I will end up with
a) 1000 IGBB shares (now valued at RM2.100)
b) 1000 IGBB REIT shares (now valued at RM1,700)
My total market value is now RM3,800. So I gained about 15% from this corporate action???
2021-06-03 14:36
Doubt IGB cReits wud hav similar prc w Igbreits. As d former is very much less popular than d latter, oso d former is an entirely new listing vehicles, no proper listed track records b referred thus far.
All based on forecasts & implications
2021-06-04 07:07
The acceptance offer form for the ROFS of this Commercial REIT can only be delivered manually only - unlike others like rights issue, DRP etc which can be done online where purchase of bank draft and revenue stamp could be dispense with.
2021-06-10 16:03
Thx for d efforts, v r in digitalised era; y still talking abt physical application? Sounded like create difficulties to investors, so the comp can absorb those whom had given up
2021-06-11 05:24
I have emailed my dissatisfaction over the above matter to IGBB Investor Relations Enquiries and cc a copy of the email to the General Manager of Bursa Malaysia to look into this issue.
2021-06-11 16:06
Good news. There was immediate response from Bursa2U : " ....we have escalated the email to our department for their further action. The Exchange will initiate all necessary enforcement actions should there be any breach of Listing Requirements",
2021-06-11 17:06
@Kensington, many thx for d efforts made & feedback. Nevertheless, if d comp not providing e-applicatns, this doesn't mean d comp had breached d listing requirements rite.
As it doesn't govern by bursa to offer this e-applicatn facility as a 'compulsory' option to investor. Probably Bursa juz reply to ease our angers ony
Pardon me for my shallow view if it is
2021-06-13 18:46
IGB has now offered online subscriptions (email + payment via internet banking. Need to make the paying account is the shareholder).
2021-06-14 21:55
IGB berhad braves the rough and tough market for office real estates. I believe it says something about the underlying asset quality. There is no retail IPO but only through the current routes (buy 2 free 3) for retail investors, perhaps fearing of under subscriptions? I believe eventually the big part will be offered to EPF and KWAP, both are the current major shareholders of sister REIT, IGBREIT.
2021-06-14 22:03
The future road map for IGB points to this. They will finally list their final part in their portfolio -- hotel assets --as REIT too, may be after 5 years from now. Eventually the parent IGBB itself will be delisted. There is little merits to be listed as such an illiquid stock. What is special about IGBB is that almost all of their assets are of top quality, including the precious land they own in London.
2021-06-14 22:09
Cool...! Finally, v can apply via digital instead of d usual physical handing overs or postal
2021-06-18 06:20
Hi, am newbie here.. may I ask means if we are not IGBB shareholders, we can’t apply correct? there will Not be IPO for retails investor to apply?
2021-06-18 13:45
Wonder y extension of ipo closing dare caused its mkt prc heading south immediately
2021-07-05 01:16
walao, I already make payment. now, just realized the subscription date has been extended.
2021-07-05 10:57
Ony a little dividen being announced, but share prc dropped so much.... Indicating dissatisfied emotions to d board decision???
2021-07-27 07:54
Check out IBG Berhad and 6 other Interesting Stock Ideas here - https://www.smallcapasia.com/my-7-interesting-stock-ideas-for-november...
2021-11-15 08:56
Might as well since IGBB is worth more dead than alive. It will cut short the agony of the long suffering minorities.
2022-01-02 18:41
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ACD888
Rajuan, why happen? Never seen you soo upset
2020-11-27 14:54