IQ GROUP HOLDINGS BHD

KLSE (MYR): IQGROUP (5107)

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Last Price

0.585

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


5 people like this.

1,873 comment(s). Last comment by gladiator 2024-09-13 12:51

SincereStock

2,401 posts

Posted by SincereStock > 2023-08-30 12:15 | Report Abuse

also only because company is making losses few years in the past we can collect it cheap now just right when engine is started

Squirtle

805 posts

Posted by Squirtle > 2023-08-30 13:52 | Report Abuse

Aiyo dun cheat ppl here la Sincere
If minus 2.6m forex profit
Profit not exciting lo
Iq is underperform last 5 years lo
No dividend no bonus
Is same gambling lo
Pbbank is always best choice

SincereStock

2,401 posts

Posted by SincereStock > 2023-08-30 16:22 | Report Abuse

yes IQ is underperform last 5 years, that's why I say engine just started, that's why can get cheap price, I only started to realise this stock after it's recent QR release. it has very negligible liabilities, even if it is a 1 hit wonder QR and the company don't gain profit in future, the risk is minimal as the price already low, even if tutup business the company asset still worth at least RM0.80 sen (in my own judgement / opinion through it's net asset report)

somemore I don't invest in stock priced above NTA,
pbbank I no say is overvalue, there must be reason why people trade it above NTA, at least it is a bluechip, I see most bluechip stock are at fair value if EPS can sustain, but why do you want to invest at a stock that already traded at it fair value? why not look for some undervalued one for more potential upside gain?

SincereStock

2,401 posts

Posted by SincereStock > 2023-11-27 18:07 | Report Abuse

hmm, not performing again this QR, consider no loss although not profitable, only good thing is debt keep lowering despite already net cash position, NTA of this company is mostly current assets. don't know should give it a chance until next QR or not

SincereStock

2,401 posts

Posted by SincereStock > 2023-11-28 09:08 | Report Abuse

0.800 too cheap to quit la consider this not actually a negative QR, cmon -0.01 consider it 0 only la lol

SincereStock

2,401 posts

Posted by SincereStock > 2023-11-28 09:08 | Report Abuse

I rather wait next QR to see if 0.800 only consider this company is very high cash balance

Moolala

187 posts

Posted by Moolala > 2023-11-29 00:09 | Report Abuse

net cash is 80% of market cap

SincereStock

2,401 posts

Posted by SincereStock > 2023-11-29 21:59 | Report Abuse

@moolala true, if business cannot be profitable already management should liquidate the business and distribute the net value to shareholders rather than wasting time here. stuck in here cannot move due to this QR, I believe 0.800 is not the price to sell even if the company stop generating profit from now on

Moolala

187 posts

Posted by Moolala > 2023-11-30 10:33 | Report Abuse

concur with your statement

SincereStock

2,401 posts

Posted by SincereStock > 2023-12-15 22:33 | Report Abuse

latest prospects~

IQ-group’s commercial solutions (Lumiqs), professional portfolio (ODM) and retail products (DIY/Online) all continue to provide
both the valuable business of today and exciting possibilities for the future.
The results achieved in the first half of this financial year continue to provide the positive basis upon which we are confidently
seeking to maximise opportunities for growth in the key business areas as we move forward.

The combination of IQ-group's innovation, quality and customer relations, plus our undiminished determination to achieve a
significant breakthrough in own-brand sales, provides a compelling basis for confidence with regard to IQ-group's future
prospects.


no choice but to wait and hope that next QR is good now, sell queue price is so unfair consider their cash balance & other current assets in NTA. holding power is very important in such situation. that's why never invest with borrowed money or margin account

SincereStock

2,401 posts

Posted by SincereStock > 2023-12-29 15:58 | Report Abuse

buy offer so cheap, better hold to see next QR la haha
no liquidity counter really need good holding power in such situation

SincereStock

2,401 posts

Posted by SincereStock > 2024-01-02 23:09 | Report Abuse

see, why some even willing to throw at 0.735 gap gap down lelong price buy queue, don't so easy give up, this QR is actually POSITIVE profit BEFORE TAX, it only become negative AFTER TAX

SincereStock

2,401 posts

Posted by SincereStock > 2024-01-11 10:58 | Report Abuse

haiz, until now seller still too easily give in with price, to be honest I wish I can transfer my capital from here to park else where as well, but buy queue is too unreasonable just after a QR not making profit

SincereStock

2,401 posts

Posted by SincereStock > 2024-01-11 10:59 | Report Abuse

market very good outside but few of my capital cash stucked here, this time really got caught with low liquidity counter

Posted by investor2011 > 2024-01-12 07:26 | Report Abuse

Poor manage company , shifted almost all their manufacturing activies to China few years back but still maintain the same size plant and high pay staffs at Penang site , how to save cost ? very high overhead cost.

SincereStock

2,401 posts

Posted by SincereStock > 2024-01-12 15:10 | Report Abuse

main problem just liquidity, if next QR performs again sure price can go gap up again. our hope now is next QR or got surprise privatization offer

SincereStock

2,401 posts

Posted by SincereStock > 2024-01-12 15:10 | Report Abuse

company got very good retained profits

SincereStock

2,401 posts

Posted by SincereStock > 2024-02-05 15:10 | Report Abuse

less than a month left for QR, can't believe I still holding this lol
less reason to give up and sell at this point
no more queueing at upper sell queue

SincereStock

2,401 posts

Posted by SincereStock > 2024-02-27 09:03 | Report Abuse

admit my mistake (got caught by 1 off good QR) and defeat here, gave up, sold at open, thanks for whoever still willing to buy at 0.755, good deal

going to use my remaining capital from here to invest in better counter. will try avoid same mistakes

Posted by AmberAsset > 2024-03-13 17:32 | Report Abuse

Good deal indeed

Posted by AmberAsset > 2024-04-03 16:55 | Report Abuse

close to 0.80

Posted by AmberAsset > 2024-06-18 18:37 | Report Abuse

DROP IQ

gladiator

685 posts

Posted by gladiator > 2024-09-13 12:51 | Report Abuse

Only 200 shares trade yet can make it into Star business headline as one of KLSE top gainer. Lol

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