Posted by myloh123 > 1 month ago | Report Abuse

Thank you dragon328 for ur prompting...i added after i read ur reports 😀...and collected dividends as well.

Posted by myloh123 > 1 month ago | Report Abuse

My lowest price is 1.87 cum dividends...1.82 😚

Posted by kkl123 > 1 month ago | Report Abuse

Biggest data center in Malaysia
IOIP KULAI

Posted by dragon328 > 1 month ago | Report Abuse

Well done @myloh123.

The lowest I got was RM1.79 on 6 August.

Posted by Nadayu > 1 month ago | Report Abuse

Big news to be announced

Posted by UncleFollower > 1 month ago | Report Abuse

The buyer isn't hiding anymore...feel like chasing high somemore but I refrain 😂

Posted by UncleFollower > 1 month ago | Report Abuse

@dragon from your stock selection, if you bought enough, you are set for this life and next 😆

Posted by dragon328 > 1 month ago | Report Abuse

Another good closing today!!

Looks like some good news is indeed coming soon as @Nadayu said.

Posted by Jesse1314 > 1 month ago | Report Abuse

Any idea what is brewing?

Posted by Agjl > 1 month ago | Report Abuse

Uncleflower..u r right. Just need a few good one and go in big and u ate all set for the next 10-15 years retirement funds

Posted by Investorrr > 1 month ago | Report Abuse

ya few great news are coming,

Posted by myloh123 > 1 month ago | Report Abuse

Like what ar,

Posted by dragon328 > 1 month ago | Report Abuse

https://klse.i3investor.com/web/blog/detail/dragon328/2024-10-09-story-h470999089-IOIPG_Multiple_Re_Rating_Factors_in_Coming_Months

@myloh123, read the article above again. I have already given enough hints there.

Posted by myloh123 > 1 month ago | Report Abuse

Terima kasih, dragon328

Posted by dragon328 > 1 month ago | Report Abuse

https://klse.i3investor.com/web/blog/detail/savemalaysia/2024-10-17-story-h471865730-All_for_HOC_s_return

The return of HOC will be great news for most property developers including IOIPG

Posted by UncleFollower > 1 month ago | Report Abuse

Following dragon's analysis, every dip on this renewed uptrend is a buy. Unfortunately missed out the early morning odd steep fall.

Posted by dragon328 > 1 month ago | Report Abuse

The selling this morning was due to disappointment of some short term traders on the lack of HOC and Madani Deposit scheme in Budget 2025, even if these schemes were announced at the budget tabling, I suspect these short term punters would have sold on news anyway.

It is good to flush out the short term punters whose selling has been quickly adsorbed by longer term investors.

Even though HOC and Madani Deposit scheme were not announced during the budget tabling last Friday, it is not all lost. There are other measures which are positive for the property sector.

In particular, the government guarantee of RM12.8b has enabled some 57,000 first-time home buyers to obtain necessary financing to purchase their first house under RM500,000.

The government announced an extension of another RM10b to enable at least another 20,000 first-time home buyers to get home loans to purchase houses priced up to RM500,000.

These two initiatives will enable easily 80,000 first-time home buyers to buy their first house, and will help to clear the outstanding inventory of at least 80,000 units of overhand properties.

In addition, the Step Up Financing Scheme under SJKP offers a government guarantee of up to RM5.0 billion for young people purchase their first home. The scheme provides lower repayment options for the first 5 years to ease their financial burden. Assuming a guarantee amount of averaged RM100,000 per buyer for the first 5 years of lower instalments, this scheme will benefit another 50,000 young home buyers.

All these schemes above aim to address the issue of difficulty in getting financing for young home buyers due to low monthly salary at young ages or instable monthly income.

Posted by Nadayu > 4 weeks ago | Report Abuse

Why down ?

Posted by dragon328 > 4 weeks ago | Report Abuse

I suspect the selling was done by call warrant issuers to depress down the share price ahead of the expiry of 4 call warrants this month end, but I may be wrong.

Posted by dragon328 > 4 weeks ago | Report Abuse

I think foreign funds were selling IOIPG today, after they acquired some RM5m worth of IOIPG shares yesterday, on top of continuous selling by call warrant issuers.

We need to ride through this volatility to end of Oct.

Posted by UncleFollower > 4 weeks ago | Report Abuse

I think dragon is right, it's the call warrants. I have seen this many times, unfortunately, they do not necessarily rebound post expiry. Usually there's a drive up before the expiry for the sell down. This appears to have happened. If this is true there is no announcement coming

Posted by UncleFollower > 4 weeks ago | Report Abuse

On the very bright side, IOIPG play is clear - just wait for the IOI REIT. Sometimes one wonders where are the investors now when it's so obvious? Well most investors do not like to be locked in indefinitely - and there's much truth to it. Once it runs the investor who comes in and buys say 10x what we old shareholders were buying, they wil still make more lol

Posted by dragon328 > 3 weeks ago | Report Abuse

Foreign funds net bought RM22m worth of IOIPG shares yesterday after a net purchase of RM5m on Wednesday. Yesterday IOIPG dropped big on heavy volume of 16 million shares. Foreign funds net bought about 5 million shares yesterday.

Who was selling? As said before, I suspect it was call warrant issuers likely RHB (C19, conversion price RM2.28) and Maybank (C21, conversion price RM2.35)who have a call warrant expiring on 28 and 30 Oct respectively.

It could also be EPF selling in an EPF fund managed by Citigroup who has notoriously prematurely sold stakes of stocks that are about to rally up, eg. YTL Power in 2023 and Sunway in Jan 2024.

Posted by value_seeker > 3 weeks ago | Report Abuse

Dragon your statement on foreign net buy @ 22M and 5 million share does not add up. Please check

Posted by UncleFollower > 3 weeks ago | Report Abuse

Rebounding earlier than expected. If it's the call warrants, "they" won't allow this eh

Posted by dragon328 > 3 weeks ago | Report Abuse

@value_seeker, apologies, it should be around 10 million shares of IOIPG that foreign funds net bought yesterday - RM22m / RM2.20 = 10m

Posted by dragon328 > 3 weeks ago | Report Abuse

EPF sold 3.0 million shares of IOIPG on 22 Oct, again by its fund manager Citigroup, while foreign funds were buying.

Foreign funds net bought RM6m of IOIPG shares last Friday, after the big purchase of RM22m last Thursday and RM5m last Wednesday.

Interestingly, local institutional funds also net bought RM8m worth of IOIPG last Friday, local retailers were the only net sellers with a net sale of RM3m.

Who then were the other sellers? The answer is obvious - call warrant issuers - RHB, Maybank, CIMB and less so Macquarie.

Buyers continue queuing up at 2.28-2.25 ready to collect more tickets as these call warrant issuers dump their mother shares hedge to depress the final settlement price for the call warrants leading up to 30 Oct.

Posted by UncleFollower > 3 weeks ago | Report Abuse

Slowly but surely IOIPG is now my largest holding. There's always comfort in value, even if this dips we can add or hold. The CW effect is real. However syndicates love to play it down even after...so I do not expect a rebound after CW expiry, maybe there'll play another round 🤦 technicals and momentum is really not bad tho. REIT REIT REIT

Posted by UncleFollower > 3 weeks ago | Report Abuse

Given that IOI is heavily vested in SG props meant to be held for long and REITed, it is holding up fairly well now that the rate outlook has moved dramatically betting on Trump's victory. Yet, why does the market think Trump himself is so inflationary and whacking commercial properties...he's a property man!

Posted by dragon328 > 3 weeks ago | Report Abuse

Correct, @UncleFollower. The market is betting on a Trump's win and hence lower interest rate cuts after that, but I won't bet on that. Kamala Harris may still have chance to run ahead in the last few days, especially if a ceasefire talk can achieve the desired result in Gaza.

Even with a Trump win, market scenario simulation points to a total 100 bps rate cut by Dec 2025, compared to a 150 bps rate cut with a Kamala win, so it will be just a 50 bps difference between the two scenarios. The big picture of Fed pivot will never change.

Posted by UncleFollower > 3 weeks ago | Report Abuse

Hmm. Could have sold a few hundred lots at 2.30+ knowing the CW expiry will push the stock down. Alas I didn't move. This isn't right for a trader...getting a bit too attached and too emotional becauuse it is so good 😯

Posted by dragon328 > 3 weeks ago | Report Abuse

https://www.thestar.com.my/business/business-news/2024/10/29/ioi-properties-to-develop-rm12-bil-ioi-rio-city-over-12-years

First of a few positive surprises came out yesterday, but it was not widely reported yet. Not even in The Star hardcopy papers today, and no analyst has picked up this news.

Even EPF has turned buyer of IOIPG with a net purchase of 500k shares last Thursday, foreign funds net bought RM4m of IOIPG on Monday, after a net buy of RM6m last Friday and net buy of RM22m last Thursday.

But all these were not enough to counter the selling by call warrant issuers.

Posted by UncleFollower > 3 weeks ago | Report Abuse

Interesting development. IOI Rio Mall 1M sf is only 15 mins away from IOI Puchong hmm. Both are REITable.

Posted by UncleFollower > 3 weeks ago | Report Abuse

IOIPG holding at this price despite CW and the market is actually very encouraging. Hopefully post CW expiry i.e. this Friday, no further big dump. Otherwise the wait will be much longer

Posted by dragon328 > 3 weeks ago | Report Abuse

See EPF again net bought 671,700 shares of IOIPG last Friday. Foreign funds also buying in.

Who would sell the shares of this great company with strong earnings growth and many good news coming its way?

That was one seller queuing 1.0 million shares to sell at RM2.28 at 4.48pm just now, and press the share price from RM2.30 to close at RM2.28. Who the heck would do this thing?

Only call warrant issuers.

Posted by skyjet > 2 weeks ago | Report Abuse

Ioipg is time to big up

Posted by UncleFollower > 2 weeks ago | Report Abuse

It's always frustrating when your stock sleeps when the entire market is running away

Posted by dragon328 > 2 weeks ago | Report Abuse

It could be EPF selling again. Bursa announcements show the latest sale by EPF on 29 Oct.

EPF always sells when the share price is up by 3%-5%, no matter how good the prospects are.

BTW, anyone attending the AGM/EGM of IOIPG tomorrow?

Please give us updates on any news or message from the CEO tomorrow.

Posted by Kikilala3188 > 2 weeks ago | Report Abuse

The management expect ICBT to contribute RM 200 mil lease income for FY25, vs RM 40 mil in just few months of FY24

Posted by Kikilala3188 > 2 weeks ago | Report Abuse

Data centre sales still very much premature in KL

REIT listing framework still in progress, not so soon

Posted by Kikilala3188 > 2 weeks ago | Report Abuse

Optimal gearing from management is 0.4x, now at 0.7x it is


All 3 acquisitions done will bring gearing to 0.75x

Posted by Kikilala3188 > 2 weeks ago | Report Abuse

Seascape and cape royale unsold stock SGD 1.34 billion, now out for rental, FY 24 only got 2.5% rental yield

Posted by Kikilala3188 > 2 weeks ago | Report Abuse

Chris Chong as property investment head, his statement is not well thought

Posted by UncleFollower > 2 weeks ago | Report Abuse

Thanks so much Kikilala. Please elaborate further on Chris. Are you referring to IOI Rio's Mall? Chris was responsible for MV Gardens leasing. Then moved over to IOI City Mall with his team - its success solidified his status in IOI Prop Group

Posted by Kikilala3188 > 2 weeks ago | Report Abuse

100 acre land size deal for data centre to announce soon

Say NDA signed

Posted by Kikilala3188 > 2 weeks ago | Report Abuse

Both: TGM and IOIRIO

he replied TGM to rebrand in Feb/March 25; IOIRIO Capex 700 mil

Posted by Kikilala3188 > 2 weeks ago | Report Abuse

His strategy on the division unclear: avoid few questions during AGM

TGM side floor asked the target occupancy rate to be breakeven but he avoided

He started off with cost trimming initiative

Posted by Kikilala3188 > 2 weeks ago | Report Abuse

Sunway reit better than IOIPG
Gamuda tie Senior management with KPI on share performance, but IOIPG just stay conventional

Posted by UncleFollower > 2 weeks ago | Report Abuse

Ok clearly unprepared, or not keen on reviving TGM. I think even internally the staff couldn't find the same passion for the likes of TGM vs their crown jewels.

Pavillion I am familiar with the people. Big boss Desmond is actually very hands on on Damen Mall. Surprisingly he does spend time and money on it. The result we can see, nothing can be done to save it lol

Sunway also bundles their 2nd 3rd tier malls together with their crown jewel for scale.

IOIPG-REIT is taking this path. I think Chris Chong is possibly feeling the same way on TGM - which isn't good la.

Posted by Kikilala3188 > 2 weeks ago | Report Abuse

Quite a few biz unit still running underperformed

Floor been asking few rounds on breakeven occupancy and no further updates given on how to fetch