IGB BERHAD

KLSE (MYR): IGBB (5606)

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Last Price

2.64

Today's Change

+0.02 (0.76%)

Day's Change

2.61 - 2.64

Trading Volume

168,900


2 people like this.

511 comment(s). Last comment by Dehcomic01 1 month ago

888newbie

180 posts

Posted by 888newbie > 2018-10-22 10:41 | Report Abuse

TCN, RIP.

Mkhlee

19 posts

Posted by Mkhlee > 2019-04-28 08:49 | Report Abuse

Mid Valley Southkey Mall Johor opened business in April 2019. Will this

Mkhlee

19 posts

Posted by Mkhlee > 2019-04-28 08:50 | Report Abuse

be catalyst for IGBB ?

Posted by WantToTrade > 2019-05-30 02:46 | Report Abuse

Mkhlee, it should be a catalyst, igbb managment did not want to give details on this project when asked at today's meeting 29 the May 2019.

goldenhope

300 posts

Posted by goldenhope > 2019-06-10 11:41 | Report Abuse

Good profit but dividend only 2 cents? Why ?

Posted by Joseph Woon Chee Aun > 2019-07-04 14:25 | Report Abuse

why is insider selling?

Posted by zakaria444 > 2019-11-14 15:32 | Report Abuse

IGB REIT 3Q earnings, gross DPU within expectations

Posted by Teo Cher Ming > 2019-11-22 09:10 | Report Abuse

IGBB up up today due to the igb commercial reit news

Posted by smallfishyu > 2019-11-22 14:47 | Report Abuse

the group's announcement of its plans to establish and list on Bursa Malaysia's Main Market a commercial real estate investment trust (REIT) comprising assets at Mid Valley City and those along Jalan Tun Razak here.

Yesterday, IGB Bhd said in a Bursa filing that the initial portfolio of the proposed IGB Commercial REIT will comprise properties owned by IGB Bhd subsidiaries.

Hafid

1,135 posts

Posted by Hafid > 2019-11-22 16:23 | Report Abuse

so buy igb-pa or igbb

Posted by zakaria444 > 2019-11-25 15:50 | Report Abuse

IGB Bhd said the properties within Mid Valley City to be included into the REIT known as IGB Commercial REIT are Menara IGB, Centrepoint South, Centrepoint North, The Gardens South Tower, The Gardens North Tower, Menara Southpoint and Boulevard Offices. The Jalan Tun Razak properties comprise Menara Tan & Tan and GTower.

IGB Bhd said the REIT establishment and listing entail the disposal by the subsidiaries of IGB Bhd of their interests in the properties to IGB Commercial REIT with the sale consideration to be satisfied through a combination of cash and issuance of new units in IGB Commercial REIT.

Kensington

158 posts

Posted by Kensington > 2019-11-27 16:50 | Report Abuse

There's a lot of uncertainty in the share price and volume transacted until there is more clarity from the Co's announcement on the restricted offer and dividend-in-specie of its REIT units.

I personally prefer to buy IGBB-PA because of the cum dividend of 2.5sen and the automatic redemption and conversion to IGBB by 7 Feb 2019, whereby the converted share will also be entitled to the resticted offer and dividend-in-specie.

Kensington

158 posts

Posted by Kensington > 2019-11-27 16:51 | Report Abuse

Sorry, typo error. Should be 7 Feb 2020.

Hafid

1,135 posts

Posted by Hafid > 2019-12-04 14:01 | Report Abuse

Rm4.70

member41

3,718 posts

Posted by member41 > 2019-12-04 16:47 | Report Abuse

wow 390 already.. today +50

pang72

51,533 posts

Posted by pang72 > 2019-12-04 17:17 | Report Abuse

RM4. 7 PBB very panlai

Posted by runroadtokl > 2019-12-04 17:20 | Report Abuse

Low volume up

pang72

51,533 posts

Posted by pang72 > 2019-12-04 17:58 | Report Abuse

500 lots considered high volume

pang72

51,533 posts

Posted by pang72 > 2019-12-04 23:08 | Report Abuse

sell asset 1.2B
NOSH 690m

so , dividend RM2.0 to shareholder ...if.................?

pang72

51,533 posts

Posted by pang72 > 2019-12-04 23:09 | Report Abuse

then free reit RM1.00 to shareholder?

pang72

51,533 posts

Posted by pang72 > 2019-12-04 23:09 | Report Abuse

so ..3.92 got free gift rm3.00 ?

pang72

51,533 posts

Posted by pang72 > 2019-12-04 23:10 | Report Abuse

blur leh? so good mah?

pang72

51,533 posts

Posted by pang72 > 2019-12-05 10:06 | Report Abuse

4.06 new high!!

pang72

51,533 posts

Posted by pang72 > 2019-12-05 10:12 | Report Abuse

4.70 minimum mari!!



Minimum... Listen!

James Ng

2,705 posts

Posted by James Ng > 2020-02-05 09:20 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-02-05-story-h1483050565.jsp
[转贴] [IGB BHD:位于新山的The Mall, Mid Valley Southkey于2019年4月23日开业,预计将为怡保花园的零售部门的增长做出贡献;The Mall的可出租区域90%已与租户签订合同] - James的股票投资James Share Investing

jojohobo

17 posts

Posted by jojohobo > 2020-03-13 00:23 | Report Abuse

who dare to hold orh

goldenhope

300 posts

Posted by goldenhope > 2020-04-18 14:24 | Report Abuse

Commercial assets still can list as commercial REIT?

lsmpro888

253 posts

Posted by lsmpro888 > 2020-05-15 09:46 | Report Abuse

this taikor stills holding on .. ok go shopping at mid valley yam cha..

lsmpro888

253 posts

Posted by lsmpro888 > 2020-05-17 17:26 | Report Abuse

Apparently quite a lot of people but obviously less dining in . lots of outlet offer discounts to celebrate this coming festive season ... Shopping time for essentials .. Raya mood ...

pontianak

60 posts

Posted by pontianak > 2020-06-23 22:56 | Report Abuse

Good time to privatize , the last attempt didn’t get through

James Ng

2,705 posts

Posted by James Ng > 2020-07-17 09:00 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-07-17-story-h1510578467.jsp
[转贴] [IGB BHD:房地产开发,房地产投资-零售和酒店部门的贡献减少] - James的股票投资James Share Investing

Posted by Rajuan_Singh > 2020-11-18 11:12 | Report Abuse

Never seen IGB financial performance like this b4. Too many businesses that cannot carry the weight on their own

Posted by Rajuan_Singh > 2020-11-18 11:21 | Report Abuse

Transformation is required for this company. Southkey cannot take off due to COVID, hotels affected, F&B affected, Hong Kong business affected, property leasing affected, project listing due, property development globally affected. They need a transformation leader in to the company to change ideas and direction.

Posted by Rajuan_Singh > 2020-11-18 11:26 | Report Abuse

QoQ deficit widening. Hope the leadership will announce direction and plan. Conventional ppl and ideas won't work anymore. If waiting for vaccine, earliest is March 2021 to deploy targeted. Till then what will be left of next 2Q

Posted by SelfMadeMillionaire > 2020-11-21 22:02 | Report Abuse

Will the market crash if budget 2021 cannot be passed this coming Thursday (26/10/2020)? These are the 4 possible scenarios:

1. Parliament will be dissolved and a snap election will be called
2. A state of Emergency in the whole country will be declared by YDPA
3. Muhyiddin will resign and YDPA will appoint an interim PM
4. YDPA will appoint a new PM who has majority MPs support. A new budget 2021 also will be tabled by the new appointed PM.

Will the market go down? Will it crash? Take profit now or wait?

-----------------------------------------------------------------

Price correction coming as shown in TA chart. RSI at 80% all time high. MACD all time high and about to cross like previous crossing. Volume down

Posted by flyingtomoon2020 > 2020-11-21 23:53 | Report Abuse

Igbb gogogo

Posted by flyingtomoon2020 > 2020-11-21 23:53 |

Post removed.Why?

Posted by LongTermInvestor8 > 2020-11-22 16:20 | Report Abuse

Price correction coming as shown in TA chart. RSI at 80% all time high. MACD all time high and about to cross like previous crossing. Volume down

Posted by Rajuan_Singh > 2020-11-27 14:03 | Report Abuse

Wonder what a giant like IGB who diversified in many businesses going to do with majority and main business affected?

Posted by Rajuan_Singh > 2020-11-27 14:15 | Report Abuse

3rd Q normally their strong Q but by absolute number immediately can be seen the profit is affected most. 23% revenue drop 3rd Q but staggering 45% PBT drop 2020 vs 2019. Where is the governance or is the company just looking at revenue? PBT drop double of revenue speaks volume about the diversification of the business they have which didn't work? or failure of governance in managing cost for a old company like IGB.

Posted by Rajuan_Singh > 2020-11-27 14:28 | Report Abuse

In short, a company must be able to transform and change for longer term with ability to strengthen bottomline. Not just diversifying and projecting new business revenue at the expense of profit. If that is the case, with a lot of money you can do that but you will not have business sustainability over time. This is a good example

Posted by Rajuan_Singh > 2020-11-27 14:40 | Report Abuse

My comment is not to criticise IGB but rather disappointed with them as I hv always seen IGB as a sustainable company apart from good business diversification and for new business acumen. I have not seen any announcement of their direction nor change in ways they conduct their business

ACD888

274 posts

Posted by ACD888 > 2020-11-27 14:54 | Report Abuse

Rajuan, why happen? Never seen you soo upset

Posted by Rajuan_Singh > 2020-11-27 15:06 | Report Abuse

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

ACD888

274 posts

Posted by ACD888 > 2020-11-27 15:48 | Report Abuse

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.

ACD888

274 posts

Posted by ACD888 > 2020-11-27 15:50 | Report Abuse

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

Posted by Rajuan_Singh > 2020-11-27 16:00 | Report Abuse

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.

ACD888

274 posts

Posted by ACD888 > 2020-11-27 16:11 | Report Abuse

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

hoesong

121 posts

Posted by hoesong > 2021-03-31 16:46 | Report Abuse

new project coming

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