IOI CORPORATION BHD

KLSE (MYR): IOICORP (1961)

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Last Price

3.95

Today's Change

+0.07 (1.80%)

Day's Change

3.90 - 3.97

Trading Volume

1,583,900


6 people like this.

1,150 comment(s). Last comment by Ethan Invest 5 days ago

Mohd Iqbal

266 posts

Posted by Mohd Iqbal > 2016-05-13 16:24 | Report Abuse

Ryu: I stop buying already. My cost 4.11. Difficult to predict future direction. IOI might announce good quarter to support the price. Or IOI might instead announce another kitchen sinking bcoz the price has already dropped from the high of RM5. But I still consider its fair value RM4.20 (my cost 4.11 reflect my small margin of safety).

But we cannot beat hng33. Always taiko with hit and run. Cheers bro. If it goes up to 4.20 next monday, can belanja makan. Haha

hng33

20,483 posts

Posted by hng33 > 2016-05-13 16:41 | Report Abuse

Recovering.....:D)

DaitoRyu

1,459 posts

Posted by DaitoRyu > 2016-05-16 10:34 | Report Abuse

Iqbal,this quarter should be ok, the contract losses etc won't hit them until the next coming quarters.

Junichiro

2,063 posts

Posted by Junichiro > 2016-05-16 17:04 | Report Abuse

But share prices are forward looking.

DaitoRyu

1,459 posts

Posted by DaitoRyu > 2016-05-17 11:24 | Report Abuse

Thats why its down already.

Mohd Iqbal

266 posts

Posted by Mohd Iqbal > 2016-05-17 16:04 | Report Abuse

hng33: don't take profit yet. plz hang around.. haha

fhis

1,207 posts

Posted by fhis > 2016-05-18 15:45 | Report Abuse

time to rebound ioicorp...maintaining at the low for quite a while since the rspo termination...go go

Posted by davidpau98 > 2016-05-18 23:07 | Report Abuse

q3 revenue very good. if want hit and run, now is a good time before q4, q4 result should be down.

cychoy

19 posts

Posted by cychoy > 2016-05-19 09:58 | Report Abuse

davidpau98 Why you think Q4 results will be bad? Can I have your insight?

Posted by savy_investor > 2016-05-19 10:17 | Report Abuse

David Pau is conning you to sell and eat Pau. Who said IOI will be bad. Next Quarter will be more ong ong ong. Don't sell

joannelim

412 posts

Posted by joannelim > 2016-05-21 21:53 | Report Abuse

buy

Posted by davidpau98 > 2016-05-24 10:17 | Report Abuse

just reanalysis the situation, it will be really weird for them to get good result for next q and next year too. suspension expected another 3mth. almost 50% ioi palm oil sales need rspo. full of uncertainty, would you want to invest in something that currently hard to predict? for long term investment, it is ok. but i think price will go down below rm4. since suspension rspo, why not invest into company have rspo? those ioi customer, i m pretty sure they will get supply from others.

fhis

1,207 posts

Posted by fhis > 2016-05-25 03:13 | Report Abuse

that was an old news liao...

Posted by hanley1333 > 2016-05-30 15:59 | Report Abuse

think of all the haze before you buy.

hng33

20,483 posts

Posted by hng33 > 2016-05-31 15:44 | Report Abuse

Bought IOI at 4.16-4.17

Posted by Activetrader > 2016-06-03 21:01 | Report Abuse

Bought IOI 4.18. nextweek 4.400 tq follow or regret

hng33

20,483 posts

Posted by hng33 > 2016-06-06 12:22 | Report Abuse

Sold back all IOI at 4.27, lock in all profit, free up capital

hng33

20,483 posts

Posted by hng33 > 2016-06-07 09:16 | Report Abuse

Bought back IOI at 4.30

hng33

20,483 posts

Posted by hng33 > 2016-06-07 12:09 | Report Abuse

Bought more IOI at 4.36

Posted by davidpau98 > 2016-06-07 12:45 | Report Abuse

i heard rspo suspension have been lifted, is it true?

hng33

20,483 posts

Posted by hng33 > 2016-06-07 15:01 | Report Abuse

Sold back all IOI at 4.40, lock in all contra gain first

Posted by davidpau98 > 2016-06-08 10:23 | Report Abuse

last time, it took almost 2years to get it back. i hope from the previous experince, they can speed up the process faster

joannelim

412 posts

Posted by joannelim > 2016-06-08 21:04 | Report Abuse

buy

joannelim

412 posts

Posted by joannelim > 2016-06-08 21:23 | Report Abuse

cpo price is expected continues to increase in the near future as el nino effect is no over yet.

Posted by davidpau98 > 2016-06-09 18:52 | Report Abuse

i just notice the resistant level increase every week past 4weeks.

mamatede

3,950 posts

Posted by mamatede > 2016-06-13 09:56 | Report Abuse

nice chance to accumulate

hng33

20,483 posts

Posted by hng33 > 2016-06-23 16:26 | Report Abuse

Bought back IOI at 4.32

hng33

20,483 posts

Posted by hng33 > 2016-06-24 09:28 | Report Abuse

Bremain catch uppppppppppp

hng33

20,483 posts

Posted by hng33 > 2016-06-24 09:31 | Report Abuse

Bremain > brexit

ktrader

1,899 posts

Posted by ktrader > 2016-06-24 09:32 | Report Abuse

buy 007 BREMAIN !!!!

hng33

20,483 posts

Posted by hng33 > 2016-06-24 11:19 | Report Abuse

cut loss IOI at 4.33, realize transaction cost loss, free up capital frist

hng33

20,483 posts

Posted by hng33 > 2016-06-24 11:46 | Report Abuse

brexit almost confrim, global market selloff, promoted portfolio to cut loss first, free up capital to protect capital as priority

mamatede

3,950 posts

Posted by mamatede > 2016-06-29 22:34 | Report Abuse

ioicorp is bottoming up, uptrend soon !

mamatede

3,950 posts

Posted by mamatede > 2016-07-13 18:42 | Report Abuse

that hng33 that cut lose must be crying now

seinfeld

18 posts

Posted by seinfeld > 2016-07-19 12:39 | Report Abuse

Cargill, the leading international agricultural trading house has suspended ties with IOI Group after the Malaysian palm oil producer and trader failed to publish a detailed plan on delivering sustainable palm oil.

Many of Cargill’s customers, such as Unilever and Nestle, had announced that they would cut ties with IOI after its sustainable palm oil certificates were suspended by the RSPO, an industry watchdog, writes Emiko Terazono .

Unlike many of its customers and peers, Cargill had not cut ties with IOI but had given the Malaysian company a July 15 deadline.

Cargill said:

The IOI Group has yet to deliver a responsible sourcing policy or a detailed sustainability implementation plan to meet our requirements. As a result, Cargill is suspending business by not entering into any new purchase contracts until IOI Group can meet our requirements in compliance with our sustainable palm oil policy.

Cargill’s move means that the bulk the leading agricultural traders have cut ties with IOI.

With south east Asia entering the season when illegal burning of forests increases, NGOs are on high alert.

contango

53 posts

Posted by contango > 2016-07-28 12:11 | Report Abuse

All these bad news seem to have no impact on the price.

mm310

437 posts

Posted by mm310 > 2016-08-02 08:40 | Report Abuse

because epf comes back to support

BryanO

42 posts

Posted by BryanO > 2016-08-05 16:04 | Report Abuse

wow.... close to 4% increase

mamatede

3,950 posts

Posted by mamatede > 2016-08-05 16:19 | Report Abuse

Two factor, cpo price or rspo resolved

seinfeld

18 posts

Posted by seinfeld > 2016-08-05 16:37 | Report Abuse

UPDATE ON THE STATUS OF IOI GROUP’S CERTIFICATION
Announcements, 05 August 2016
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We wish to inform that the RSPO Board of Governors has endorsed the recommendation made by the Complaints Panel (CP) to lift the suspension of RSPO certification for the entire IOI Group.

The CP is satisfied that IOI has met the conditions set out in its letter to IOI dated 14th March 2016, based on the actions that IOI has taken and implemented since then, see attached table 1.0.

The lifting of the suspension of the RSPO certificates will be effective from 8th August 2016.

The initial suspension of IOI Group’s RSPO certificates became effective as of 1 April 2016. It followed a decision taken by the Complaints Panel on 14 March and endorsed by the RSPO Board of Governors on 25 March 2016 in relation to the complaint against PT Sukses Karya Sawit, PT Berkat Nabati Sawit, PT Bumi Sawit Sejahtera, all subsidiaries of the IOI Group.

The RSPO welcomes the good progress achieved so far towards the resolution of this case, as confirmed by both parties involved in a recent joint statement. However, the Board of Governors wish to make it clear that the implementation of the action plan by IOI shall be subject to an independent ground verification by a team of experts. These experts will be appointed by the RSPO Secretariat within 30 days from the date of this letter.

The findings of the independent ground verification team shall be scrutinized by the RSPO CP. The CP will advise the Board of Governors to re-impose the suspension, with immediate effect, if the verification team find significant failures in the implementation of IOI’s commitments to RSPO, in correcting deficiencies that led to IOI’s certifications being suspended, in the first place.

IOI shall continue to submit its quarterly progress report as mandated by the CP, in its letter of 5 May 2016. At the end of a 12 months period, the CP shall again commission an independent ground verification by a team of experts, following which a review of the complaint will be undertaken by the Panel.

The Panel shall then determine whether the implementation of the action plan is satisfactory and set any other conditions for the continued progress of the resolution of the complaint.

mm310

437 posts

Posted by mm310 > 2016-08-06 09:58 | Report Abuse

short term will back to 5.00 level

aloha

267 posts

Posted by aloha > 2016-08-08 20:15 | Report Abuse

Holding power = Gain

aloha

267 posts

Posted by aloha > 2016-08-09 06:47 | Report Abuse

CPO up = ioi heading north!

jesswye

2 posts

Posted by jesswye > 2016-08-09 14:05 | Report Abuse

how high can it go?

mamatede

3,950 posts

Posted by mamatede > 2016-08-11 23:39 | Report Abuse

In terms of stability in the long term ioicorp will be as stable as possible with its other strong sister company which involved in malls, property, etc. Recent rating by moody is pretty bullshit.

Posted by DarkLord0411 > 2016-08-12 23:00 | Report Abuse

i buy IOICORP-C9 paper loss now...sad

mm310

437 posts

Posted by mm310 > 2016-08-16 20:30 | Report Abuse

omg, time to sell

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