Posted by KAQ4468 > 2020-07-22 12:15 | Report Abuse

waaaaaa.... buyback @ 0.160 wooooooo

Posted by KAQ4468 > 2020-07-22 12:15 | Report Abuse

I-BERHAD buyback 1,000,000 shares from 0.160 to 0.160 on 20-Jul-2020.

Posted by Godofgambler > 2020-07-23 21:10 | Report Abuse

Expect to see some good show in ibhd soon...
Waiting to fly anytime

Posted by Godofgambler > 2020-07-23 21:16 | Report Abuse

I believe ibhd will goreng soon.

Posted by Bruce_ali > 2020-07-27 22:58 | Report Abuse

mau jatuh pun sudah pancit.the only way to go up.gila dari 2015 tak naik2.kalau naik mmg terbang

Posted by Godofgambler > 2020-07-27 23:23 | Report Abuse

Nak terbang dah

Posted by Godofgambler > 2020-07-28 16:11 | Report Abuse

Teerrrrrrrbanggggg

Posted by JK22 > 2020-07-28 21:26 | Report Abuse

I ikut itu public bank cakap 40cents , later 26cents ,no problem, acceptable because pandemic.. but if i beli bus station mall , sudah terbang this week.

Posted by Godofgambler > 2020-08-03 22:36 | Report Abuse

Goinngggffggfg terbanggggggggg
Theme Park going to opennnnnn soonnnn

Posted by Bruce_ali > 2020-08-05 03:47 | Report Abuse

last shakeout before goreng.boleh standby..last price 0.14

Posted by neohts > 2020-08-06 09:21 | Report Abuse

Friday normally down due to week end. Watch out

Posted by spielmacher > 2020-08-06 13:17 | Report Abuse

even shares buyback @16 could not push the price up. but it surely will rebound..collect

Posted by Good123 > 2020-08-07 10:36 | Report Abuse

worth considering :) Dividend
In respect of the financial year ended 31 December 2019, a final single tier dividend amounting to 0.70
sen per ordinary share has been declared by the Directors for shareholders’ approval at the
forthcoming 53rd Annual General Meeting.
The Dividend per Ordinary Share (“DPS”) shall take into account the potential additional number of
RCULS and RCCPS that may be converted up to the entitlement date. The payment and entitlement
dates will be announced at a later date.

Posted by Good123 > 2020-08-07 10:39 | Report Abuse

at 16sen now, possible to sell like oversea at 30sen, bukan? :)

Posted by Good123 > 2020-08-07 10:40 | Report Abuse

ibhd account is quite easy for RTO. hope for RTO or cash out by founders like oversea

Posted by Good123 > 2020-08-07 10:43 | Report Abuse

cheapest property stock. NAV rm1.02 p/b value 0.1X. I think , surely get offer for take over , so cheap

Posted by Good123 > 2020-08-07 10:46 | Report Abuse

10sen punya Stok Ada Dividen Dan untung. senang dapat offer untuk RTO , dll

Posted by Good123 > 2020-08-07 10:47 | Report Abuse

RTO sangat panas kini. ibhd sangat sesuai Dan Murah bagi tujuan RTO , dll. founder Dah Tua mungkin sanggup Jual

Posted by Good123 > 2020-08-07 10:51 | Report Abuse

pulangan beberapa ratus peratus jikalau dipilih untuk RTO

Posted by Good123 > 2020-08-07 10:51 | Report Abuse

penny stock termurah dengan untung Dan Dividen. Akaun pun mudah. senang dipakai untuk RTO

Posted by Good123 > 2020-08-07 10:52 | Report Abuse

jika ditawarkan untuk diambilalih, harga sasaran 30-40sen.

Posted by Good123 > 2020-08-07 10:53 | Report Abuse

Notice of Shares Buy Back by a Company Pursuant to Section 127 (16) of CA 2016

I-BERHAD
Date of buy back from17 Jul 2020Date of buy back to20 Jul 2020CurrencyMalaysian Ringgit (MYR)Total number of shares purchased (units)2,000,000Minimum price paid for each share purchased ($$)0.160Maximum price paid for each share purchased ($$)0.160Total amount paid for shares purchased ($$)321,113.60The name of the stock exchange through which the shares were purchasedBursa Malaysia Securities BerhadNumber of shares purchased retained in treasury (units)2,000,000Total number of shares retained in treasury (units)2,000,000Number of shares purchased which were cancelled (units)0Total issued capital as diminishedDate of Notice29 Jul 2020Date lodged with registrar of companies29 Jul 2020Lodged byI-BERHAD (196701000055 (7029-H))


Remarks :This announcement is dated 29 July 2020.


Announcement Info

Company NameI-BERHADStock NameIBHDDate Announced29 Jul 2020CategoryNotice of Shares Buy Back by a Company Pursuant to Section 127 (16) of CA 2016Reference NumberSB2-27072020-00003

Posted by Good123 > 2020-08-07 10:54 | Report Abuse

cash rich juga share buyback adalah lumrah

Posted by Good123 > 2020-08-07 11:02 | Report Abuse

barangkali, buat syer konsolidasi macam DBE/lagenda jika tak mau dijual

Posted by Good123 > 2020-08-07 11:11 | Report Abuse

enak! I-Berhad - Difficult Start

Date: 15/06/2020 

Source : PUBLIC BANKStock : IBHD     Price Target : 0.26     |     Price Call : HOLD    Last Price : 0.16     |     Upside/Downside :   0.10 (62.50%) Back

The Group saw another weak set of numbers reported, with the previously steady Leisure segment also slipping into a loss for the quarter. 1QFY20 net profit of only RM1.1m (-84.5% YoY, -68.7% QoQ) is below expectations at 5.3% of our and 4.5% of consensus full-year estimates. In light of current operating conditions amid the Covid-19 pandemic, we are slashing FY20/FY21/FY22 earnings estimates by 39.5%/25.1%/14.2% as we forecast larger losses in its mall operations, while also changing property launch and sales assumptions. We still like I-Berhad’s long-term value proposition underpinned by a remaining ~60% of its gross development value in Shah Alam yet to be realized. While our unchanged target price of RM0.26 (based on an already-steep 80% discount to fully-diluted RNAV) appears to provide significant price performance upside, we retain our Neutral call given the lack of near-term re-rating catalysts. Longer-term investors may find value in its attractive location which will benefit from the urbanization of the outer Klang Valley region however.

1QFY20 earnings overview. Property development pretax profit of RM3.1m (-60.3% YoY, -59.8% QoQ) remains the largest contributor despite the lower overall Group numbers. This is magnified by pretax losses of RM400,000 and RM1.1m in its property investment and leisure segments respectively due to business shutdowns following imposition of the Movement Control Order (MCO) to contain the Covid-19 pandemic. 2QFY20 contributions will be equally uninspiring as a result. Property unbilled sales declined further amid the lack of new launches, now at RM94.2m as at end-March from RM98.4m at end-December.

Business overview. Soft market conditions have seen the Group holding back on property launches, focusing instead on its property investment portfolio. The Group’s recent rights issue of preference shares puts it on strong financial footing to ride out this current soft patch, though will be unable to help stem earnings degradation from weak consumer sentiment. Owing to recent inactivity as a result of the extended MCO, its Grade-A GBI-rated office tower will now only be occupied late-3Q/early-4Q while opening of the Double Tree by Hilton Hotel and 2nd Convention Centre are now delayed to mid-2021.

Risks to earnings will come from further delays in launches. While we had previously accounted for one (valued at ~RM300m) this year, and one (also valued at ~RM300m) next year, we are now assuming delays by 6-9 months, thereby necessitating our earnings cut. Wider-than-expected losses from its mall operations may also weigh, in addition to weakness in its Leisure division. While portions of the latter have reopened, it is unlikely to operate at optimal capacity however given distancing requirements. The gradual clearing of inventories estimated at about RM300m is a plus point.

Source: PublicInvest Research - 15 Jun 2020

Posted by Good123 > 2020-08-07 11:12 | Report Abuse

cool, penny stock dengan cadangan analyst. tabik I-Berhad - Difficult Start

Date: 15/06/2020 

Source : PUBLIC BANKStock : IBHD     Price Target : 0.26     |     Price Call : HOLD    Last Price : 0.16     |     Upside/Downside :   0.10 (62.50%) Back

The Group saw another weak set of numbers reported, with the previously steady Leisure segment also slipping into a loss for the quarter. 1QFY20 net profit of only RM1.1m (-84.5% YoY, -68.7% QoQ) is below expectations at 5.3% of our and 4.5% of consensus full-year estimates. In light of current operating conditions amid the Covid-19 pandemic, we are slashing FY20/FY21/FY22 earnings estimates by 39.5%/25.1%/14.2% as we forecast larger losses in its mall operations, while also changing property launch and sales assumptions. We still like I-Berhad’s long-term value proposition underpinned by a remaining ~60% of its gross development value in Shah Alam yet to be realized. While our unchanged target price of RM0.26 (based on an already-steep 80% discount to fully-diluted RNAV) appears to provide significant price performance upside, we retain our Neutral call given the lack of near-term re-rating catalysts. Longer-term investors may find value in its attractive location which will benefit from the urbanization of the outer Klang Valley region however.

1QFY20 earnings overview. Property development pretax profit of RM3.1m (-60.3% YoY, -59.8% QoQ) remains the largest contributor despite the lower overall Group numbers. This is magnified by pretax losses of RM400,000 and RM1.1m in its property investment and leisure segments respectively due to business shutdowns following imposition of the Movement Control Order (MCO) to contain the Covid-19 pandemic. 2QFY20 contributions will be equally uninspiring as a result. Property unbilled sales declined further amid the lack of new launches, now at RM94.2m as at end-March from RM98.4m at end-December.

Business overview. Soft market conditions have seen the Group holding back on property launches, focusing instead on its property investment portfolio. The Group’s recent rights issue of preference shares puts it on strong financial footing to ride out this current soft patch, though will be unable to help stem earnings degradation from weak consumer sentiment. Owing to recent inactivity as a result of the extended MCO, its Grade-A GBI-rated office tower will now only be occupied late-3Q/early-4Q while opening of the Double Tree by Hilton Hotel and 2nd Convention Centre are now delayed to mid-2021.

Risks to earnings will come from further delays in launches. While we had previously accounted for one (valued at ~RM300m) this year, and one (also valued at ~RM300m) next year, we are now assuming delays by 6-9 months, thereby necessitating our earnings cut. Wider-than-expected losses from its mall operations may also weigh, in addition to weakness in its Leisure division. While portions of the latter have reopened, it is unlikely to operate at optimal capacity however given distancing requirements. The gradual clearing of inventories estimated at about RM300m is a plus point.

Source: PublicInvest Research - 15 Jun 2020

Posted by Good123 > 2020-08-07 11:18 | Report Abuse

pencinta penny stocks, inilah penny stock Yang agak selamat .

Posted by Good123 > 2020-08-07 11:55 | Report Abuse

GENERAL MEETINGS: Outcome of Meeting

I-BERHAD
Type of MeetingGeneralIndicatorOutcome of MeetingDate of Meeting25 Jun 2020Time03:00 PM


Venue(s)Broadcast Venue:
i-Gallery, Persiaran Multimedia
i-City, 40000 Shah Alam
Selangor
Malaysia


Outcome of Meeting

The Board of Directors of I-Berhad (“I-Berhad” or “the Company”) is pleased to announce that at the 53rd Annual General Meeting (“AGM”) of I-Berhad held today, all the resolutions as set out in the Notice of the 53rd AGM dated 21 May 2020 were duly passed by the shareholders of the Company.

 

All the resolutions were voted by poll via Remote Participation and Voting (“RPV”) and the results of the poll were validated by Asia Securities Sdn Berhad, the independent scrutineer appointed by the Company.

 

The details of the poll results are set out in the attachment.

 

This announcement is dated 25 June 2020.


Voting Results


1. Resolution 1

DescriptionTo approve a final single tier dividend of 0.70 sen per ordinary share for the financial year ended 31 December 2019.Shareholder’s ActionFor VotingVotedForAgainstNo. of Shareholders773No. of Shares699,577,2195,068% of Voted Shares99.99900.0010ResultAccepted

Posted by Good123 > 2020-08-07 13:37 | Report Abuse

boleh dijualkan kepada MD anzo, harga Akan Naik berlipatganda macam oversea. KUALA LUMPUR (Aug 7): Oversea Enterprise Bhd's (OEB) share price rose as much as 17.5 sen or 55.56% after the Chinese restaurant operator received a takeover offer from Datuk Chai Woon Chet, the managing director and a substantial shareholder of Anzo Holdings Bhd.

OEB shares jumped to their all-time high of 49 sen, which was 63.33% higher than the takeover offer price of 30 sen made by Chai. 

At 11.50am, the stock had pared gains to 41 sen, still up by 9.5 sen or 30.16% compared with yesterday’ closing price of 31.5 sen. Some 9.87 million shares were traded, about 34 times its 200-day average trading volume of 276,385.5 shares.

Yesterday, OEB told the stock exchange that Chai on the same day entered into a sale and purchase agreement with five parties to buy the stake, comprising 151.26 million shares or a 62.37% stake in the company, for a cash consideration of RM45.37 million. 

The vendors are Yu Soo Chye @ Yee Soo Chye, Yu Tack Tein, Simple Angel Capital Sdn Bhd, Lee Lim

Posted by Good123 > 2020-08-07 15:10 | Report Abuse

can be acquired like oversea. few hundred % return

Posted by Good123 > 2020-08-07 15:11 | Report Abuse

penny stock, suitable for RTO, etc crazy sentiment like oversea enterprise BHD

Posted by Azikri > 2020-08-10 09:55 | Report Abuse

Slow and steady..

Posted by Fundamentalist91 > 2020-08-10 13:08 | Report Abuse

I'm a tenant in Central I-City Shopping mall. I own a 1005 sq ft shop there.

Here's my opinion about this stock -

1) The Mall is about 80% occupied, while the 20% might not get any tenant for a few years due to Covid which makes businesses feel not confident to open one. So 20% loss of income there.

2) They gave rental rebates to us (thank you). But that means lower revenue for them Q2.

3) They don't have any property left to sell currently, hence the low revenue.

4) Office tower is opening in probably a few months later but its work-at-home now, so its unlikely they can get any returns sooner.

5) The management is struggling with many problems, and I have to say they're quite chaotic.

6) The mall have experienced low visitors count, usually sunday saturday no parking, now still can find.

7) One of their biggest revenue generator beside property sell is the Theme Park. After a long time they didn't open, now there's even less visitor than ever before.

8) Q2 will be devastating, negative income for sure. This damage could persist for one or two years before iBhd could recover and reap their rewards.

9) Hotel will probably need 2 more years to complete, and if international flight is still a problem, then the hotel will be in deep trouble because most tourist in i-city are foreigners.

10) This might be penny stock, but price per unit doesn't matter, what matter is the market cap and pe ratio. Currently the market cap and pe ratio of iBhd isn't attractive.

I believe this is a good stock, but not at the moment. It is good for long-term

Short term revenue already dropped for 5 quarter consecutively. and will probably continue on.

Buying below 0.15 all the way down to 0.1 slowly would be a good move.

In long term, Golden Triangle of Selangor, with its prime location, if iBhd keep making strategic projects they could be as close as Sunway.

No need to buy now, chill and wait. The global market is overstretch by the way, when they do a big pullback, malaysian stocks will get hit also regardless of how good is the stock.

Just like when covid first comes, even glove go down eventho people should be buying them.

Make good decision friends.

Posted by ahwong95 > 2020-08-10 20:42 | Report Abuse

Thank you fundamentalist, very good info. appreciate it.

Posted by Godofgambler > 2020-08-11 09:44 | Report Abuse

Iberhad will reach high...
Stay tune

Posted by 23wolf > 2020-08-12 15:18 | Report Abuse

good entry point currently ??

Posted by JK22 > 2020-08-12 23:19 | Report Abuse

No one know what is the best entry point. We have to judge ourselves. I do not think we can get 0.09 or 0.12 or 0.14 anymore ( March price) .It have been hanging around current price 0.165 average for months now. Once its back to it values and as before ( no one know will or when) .With regular dividend paying ..current price 0.165? after few years , you investment would have been pay off.

But of course we do not know the future cause and effect of this covid19 pandemic to the company. We have to make our own judgement and risk

Dividend Policy

The Board of Directors of I-Berhad wishes to announce that the Company has adopted a dividend policy of paying an annual dividend of at least 30% of its profit after tax to shareholders of the Company.

This dividend policy shall commence for the financial year ending 31 December 2014.

This announcement is dated 8 August 2014.

Source: http://www.bursamalaysia.com/market/listed-companies/company-announcements/1705177

Posted by MAX8186 > 2020-08-13 15:33 | Report Abuse

Show time...

Posted by KYJeremy > 2020-08-13 16:03 | Report Abuse

Finally

Posted by sharewiz118 > 2020-08-13 16:45 | Report Abuse

Sudah bangun

Posted by yeochingu > 2020-08-13 18:48 | Report Abuse

harimau kertas?

Posted by sharewiz118 > 2020-08-13 22:20 | Report Abuse

this company still owe us money, bad paymaster, retention sum owe so many years still not pay

Posted by Godofgambler > 2020-08-14 01:06 | Report Abuse

I dont believe. Iberhad will shine

Posted by ahwong95 > 2020-08-14 13:34 | Report Abuse

qr holland as expected.

Posted by ahwong95 > 2020-08-14 13:59 | Report Abuse

The Group’s unbilled sales as at 30 June 2020 stood at RM63.3 million as compared to RM94.2 million as at 31 March 2020.

No project come out, revenue getting lesser and lesser. I think by the end of the year, unbilled sales will be left with nothing.

Posted by JK22 > 2020-08-14 17:05 | Report Abuse

It still stay green despite MCO .Many others in red.

Posted by mf > 2020-08-15 17:44 |

Post removed.Why?

Posted by JK22 > 2020-08-18 20:45 | Report Abuse

Div 8th Sept .. can top up again if price not going up.

Posted by Godofgambler > 2020-08-20 00:27 | Report Abuse

Sure will fly

Posted by Godofgambler > 2020-08-20 19:54 | Report Abuse

Explosive sign indicated!
Tp 0.27?