Posted by wan7075 > 2017-05-25 09:30 | Report Abuse

wow.. good company.. so bad ipo I tak success.buy at open market at 0.32. will buy more if drop

Posted by kllady_fidah > 2017-05-25 09:52 | Report Abuse

so so company lah...

Posted by Zaidin77 > 2017-05-25 10:23 | Report Abuse

jika price meningkat esok naik lagi

Posted by jebat > 2017-05-25 10:25 | Report Abuse

aisehh ..rugi x dpt ipo....

Posted by brownbull > 2017-05-25 10:42 | Report Abuse

Long term is good

Posted by tomwah > 2017-05-25 11:27 | Report Abuse

trgt .26

Posted by Tenson Tang > 2017-05-25 11:48 | Report Abuse

target to drop 0.2

Posted by Tenson Tang > 2017-05-25 11:48 | Report Abuse

asd

Posted by Mohd Faridz VI > 2017-05-25 11:59 | Report Abuse

please drop

Posted by BigPunter > 2017-05-25 12:18 | Report Abuse

Buy buy buy GFM. Q1 2017 results coming out by 31/5/2017. Perfect staging for goreng to RM1.30 (now RM0.72). Buy on rumours, sell on news. Ngam2 T+4 before announcement

Posted by 8wpwtmt8 > 2017-05-25 13:39 | Report Abuse

Business NewsHome > Business > Business News
Sunday, 14 May 2017 | MYT 1:37 PM
JF Apex Research values Inta Bina at 33 sen

KUALA LUMPUR: JF Apex Research is valuing construction company Inta Bina Group Bhd, which is seeking as listing on the ACE Market, at 33 sen a share, which 32% above its offer price of 25 sen.

It said at 33 sen a share, this was based on 10.6 times 2017F price-to-earnings ratio (PER).

“The assigned PER is within small & mid-cap range of 10 to 13 times amid prevailing booming construction sector,” it said.

JF Apex Research pointed out Inta Bina is the first construction company to be listed on the ACE Market with established track record.

Upon listing, it will have a market capitalisation of RM133.8mil. It has 25 years of track record in the domestic construction industry.

Inta Bina is primarily a building contractor and capable in constructing various types of buildings such as residential, commercial, industrial and leisure properties.

“The group is led by its managing director, Lim Ooi Joo and deputy managing director Teo Hock Choon. Both of the key personnel have more than 30 years of working experience in the construction industry.

“We believe Inta Bina has better chances to secure more contracts with the management’s hands-on experience and better understanding of their client’s requirement and needs,” it said.

Inta Bina has completed more than 110 building construction projects mainly in Klang Valley and Johor with a total sum of value more than RM2bil.

“Favourable FY17 earnings growth is underpinned by sizeable outstanding orderbook. The outstanding orderbook provides revenue visibility of 1.7 times times of FY16 revenue.

“We opine that the group could achieve revenue of RM379mil (+47.38% on-year) and RM337.1mil (-11% on-year) for FY17F and FY18F respectively on the back of RM446mil outstanding orderbook (as of March 31, 2017) in addition to our conservative new orderbook replenishment assumptions of RM260mil for FY17F and RM240mil for FY18F.

“Thus, net earnings growth is expected to grow by 32.45% to RM16.9m in FY17F before tapering off by 18.1% on-year to RM13.8mil in FY18F.

“Over the years, the group has strove to complete projects within the contract period and at the same time maintain high quality of works to build long-term rapport with its clients. Inta Bina’s clients include Gamuda, SP Setia, Eco World Development, Mah Sing, Tropicana Corporation, UEM Sunrise and other prestigious developers,” it said.

JF Apex Research pointed out that the real estate construction market growth remains resilient despite softening property market. Based on Protégé Associates’s study, the compounded annual growth rate for the real estate construction market in Malaysia for 2017-2021 is estimated to be 4.8%.

It said the growth rate is feasible which is in line with the nation’s GDP growth. Meanwhile, government’s effort to build more affordable houses may generate higher jobs for the building contractors.

Posted by 8wpwtmt8 > 2017-05-25 13:43 | Report Abuse

INTA BINA - A Quality-centric Partner in Construction
Author: PublicInvest | Publish date: Mon, 15 May 2017, 09:50 AM

Inta Bina Group Bhd (IBGB) is principally involved in the construction of residential and non-residential buildings in Malaysia. The group is also involved in the provision of civil construction works that are embedded in its building construction contracts such as local infrastructure works, including road, drainage, sewerage and water reticulation works, as well as mechanical and electrical infrastructure. As a main contractor, it is involved in the day-to-day management and implementation of awarded construction projects, performing all major aspects of the construction project besides coordinating the work of all parties at the construction project sites. Going forward, IBGB intends to tender for more building construction projects of higher contract values, besides seeking opportunities to work with more government-linked property developers in Malaysia. The affordable housing segment is also another avenue of growth being targeted. We see healthy order book replenishments of c.RM300-400m per year for the next two years. Our fair value is RM0.32 based on an 11x PE multiple to its FY18 EPS of 2.9sen. The IPO is expected to raise approximately RM26.8m from the issuance of 107.1m new shares, with c.18.7% of the proceeds to be utilized as capital expenditure, purchasing machineries and equipment for business expansion.

Key growth drivers. IBGB’s growth will be underpinned by i) government-led initiatives and spending, ii) favorable interest rate environment, iii) sustained economic growth boosting investment in properties and iv) steady population growth, sustaining the real estate construction industry’s 4.9% CAGR from 2017 to 2021.
Competitive strengths. IBGB’s strengths bank on its i) established track record, with participation in more than 110 building construction projects of various sizes, building types and contract values since 1988, ii) commitment to quality, with ISO 9001:2008 certification and decent performance in CONQUAS, QLASSIC and SHASSIC assessments, iii) established relationship with clients, which enables the group to draw in new business opportunities either through recurring business or recommendations from other prospective clients, and iv) adoption of IBS construction, with utilization of aluminium system formwork that is suitable for mass construction of buildings with repetitive design.
Key risks. Key downside risks, among others, include (i) competition in the construction industry which is especially keen, with all players fighting each other on pricing, availability of financial and manpower resources, technical expertise, operating track record and quality of workmanship, potentially leading to margin erosions, (ii) dependency on foreign workers. iii) dependency on certain major clients, with potential non performances by these clients possibly affecting the company adversely.
Company Overview
Inta Bina Group Bhd (IBGB) was incorporated in Malaysia on 11 March 2015 as a public limited company. It then completed the acquisition of Inta Bina Sdn Bhd (IBSB) on 17 March 2017 pursuant to its listing exercise. IBSB has been in the business of securing and carrying out construction contracts in 1988. As a building contractor, IBGB is principally involved in the construction of residential and non-residential buildings, solely in Malaysia. Residential buildings include bungalows, cluster houses, terrace houses, semi-detached houses, town villas, condominiums and apartments. Meanwhile, non-residential buildings encompass commercial buildings (e.g., purpose-built offices, small office or home office and shops), industrial buildings (e.g., factories) and leisure properties (e.g., hotels and clubhouses). Also, the group is involved in the provision of civil construction works that are embedded in its building construction contracts such as local infrastructure works, including road, drainage, sewerage and water reticulation works, as well as mechanical and electrical infrastructure. IBGB is led by Managing Director and Deputy Managing Director, Lim Ooi Joo and Teo Hock Choon respectively, who each have more than 30 years of working experience in the construction industry. They are responsible for providing strategic corporate direction and overseeing all the business operations which include the entire tender participation for all the projects, the award of contracts to subcontractors and purchase of machinery and equipment. This long-standing partnership has enabled the group to build good rapport with its clients via better understanding of their needs.

Posted by slts > 2017-05-25 13:51 | Report Abuse

pe10x only cheap sales.
ACE stocks all trade at above pe20x

Posted by tomwah > 2017-05-25 15:40 | Report Abuse

very soon ...

Posted by 8wpwtmt8 > 2017-05-25 16:53 | Report Abuse

End the first day of trading shamefully with only a mere 5.5 sen premium. Closed at 30.5 sen. As a construction stock, it should perform much better.

Posted by 8wpwtmt8 > 2017-05-25 17:04 | Report Abuse

For those who managed to buy at 30.0 sen/30.5 sen, it is a good move because it really debuts with cheap sales.

Posted by 8wpwtmt8 > 2017-05-25 17:12 | Report Abuse

Big sharks performing monkey show. Purposely last 1.5 minutes key in buy Q at 0.305 (34198,00 shares).

Posted by shortinvestor77 > 2017-05-25 21:23 | Report Abuse

I got 4000 units at 0.25 IPO. Just wait for transfer to first board, longer term. Ha!

Posted by jebat > 2017-05-25 23:48 | Report Abuse

Me also have 20k unit.......for long term....

Posted by kltrad > 2017-05-26 11:52 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/05/26/inta-bina-closes-55-sen-higher-on-ace-market-debut/

Posted by tomwah > 2017-05-26 16:05 | Report Abuse

Q .29

Posted by James Yeo > 2017-05-26 22:55 | Report Abuse

https://klse.i3investor.com/blogs/small_cap_asia/123420.jsp

Posted by shortinvestor77 > 2017-05-27 20:23 | Report Abuse

The main purpose of listing is to secure more high valued contracts. Other

Posted by shortinvestor77 > 2017-05-27 20:24 | Report Abuse

Otherwise, Inta wouldn't go for listing as it has been in the market history of 30 years.

Posted by jebat > 2017-05-29 07:52 | Report Abuse

agree......

Posted by Raja Nor Hisamuddin GC > 2017-05-29 11:09 | Report Abuse

good counter

Posted by speakup > 2017-05-29 17:36 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5443285
how to up? just listed only, and already director dumping shares

Posted by shortinvestor77 > 2017-05-29 20:35 | Report Abuse

No all directors sell shares. Some is normal as long as not a substantial shareholder.

Posted by ampabella > 2017-05-30 17:24 | Report Abuse

buy 5 lots and keep lah, no eye see

Posted by Embrace Belief > 2017-05-31 12:21 | Report Abuse

another counter use to con small investor >.<

Posted by gohky87 > 2017-06-02 11:47 | Report Abuse

wah someone telan 0.305 like nothing..

Posted by gohky87 > 2017-06-02 11:48 | Report Abuse

Gone in 1 sec..hope it goes all the way

Posted by calvin > 2017-06-02 13:44 | Report Abuse

today have big buyer and big volume coming....

Posted by gohky87 > 2017-06-02 14:40 | Report Abuse

Yea i hope the big buyer stays and more buyers come

Posted by gohky87 > 2017-06-02 14:40 | Report Abuse

together huat ba :D

Posted by steven69 > 2017-06-02 15:22 | Report Abuse

Good

Posted by calvin > 2017-06-02 17:04 | Report Abuse

inta is a good company...TP1:0.380

Posted by traderman > 2017-06-05 09:29 | Report Abuse

Embrace Belief another counter use to con small investor >.<
-----------------------------
dude, better then buy supper penny cap which 99% loss money

Posted by gohky87 > 2017-06-05 09:36 | Report Abuse

good morning guys, hope everyone huat today :)

Posted by gohky87 > 2017-06-05 11:21 | Report Abuse

fly!!

Posted by ampabella > 2017-06-05 13:24 | Report Abuse

no eye see, bought at 31.5 cts now keep inside the drawer, nanti 45 cts baru tengok

Posted by darkxfs > 2017-06-05 14:42 | Report Abuse

buy greenyb 0136 now 0.215 only

Posted by 郑永裕 > 2017-06-05 19:37 | Report Abuse

tg 370

Posted by gohky87 > 2017-06-06 10:45 | Report Abuse

many stocks red but inta is green, good good :D

Posted by masterus > 2017-06-06 11:54 | Report Abuse

Psiptek is undervalued as its nta at 0.59 while market price at 0.17. It earn profit every year and non pn17 company.

Posted by traderman > 2017-06-06 22:28 | Report Abuse

Masterus then you buy more ya

Posted by shortinvestor77 > 2017-06-06 22:35 | Report Abuse

Here we buy Inta lah

Posted by SKTRADER > 2017-06-13 16:55 | Report Abuse

tomorow inta up

Posted by steven69 > 2017-06-13 17:26 | Report Abuse

How to say?

Posted by ZeGK > 2017-06-13 18:13 | Report Abuse

yes, why up tomorrow?