ITMAX SYSTEM BERHAD

KLSE (MYR): ITMAX (5309)

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Last Price

3.69

Today's Change

-0.02 (0.54%)

Day's Change

3.65 - 3.73

Trading Volume

1,178,400

Overview

Market Cap

3,807 Million

NOSH

1,032 Million

Avg Volume (4 weeks)

1,191,800

4 Weeks Range

3.62 - 3.86

4 Weeks Price Volatility (%)

29.17%

52 Weeks Range

2.57 - 4.16

52 Weeks Price Volatility (%)

70.44%

Previous Close

3.71

Open

3.71

Bid

3.69 x 192,100

Ask

3.70 x 6,000

Day's Range

3.65 - 3.73

Trading Volume

1,178,400

Financial Highlight

Latest Quarter | Ann. Date

31-Mar-2025 [#1] | 26-May-2025

Next QR | Est. Ann. Date

30-Jun-2025 | 27-Aug-2025

T4Q P/E | EY

46.14 | 2.17%

T4Q DY | Payout %

0.54% | 24.95%

T4Q NAPS | P/NAPS

0.41 | 8.99

T4Q NP Margin | ROE

36.99% | 19.48%

Market Buzz
Company Profile

Sector: TECHNOLOGY

Sector: TECHNOLOGY

Subsector: DIGITAL SERVICES

Subsector: DIGITAL SERVICES

Description:

ITMAX System Berhad together with its subsidiary, ITMAX Group is primarily involved in public space networked systems focusing on lighting, traffic management, and video surveillance, as well as communications network services, which may be part of a smart city's infrastructure. Public space refers to the space that is generally accessible to the public, such as roads and parks. ITMAX Group is involved in some of Kuala Lumpur's smart city initiatives. Its networked video surveillance is an integrated system incorporating artificial intelligence (AI) and machine learning. It designs and manufactures traffic light controllers. It provides city planners with a solution used to configure and schedule lighting at specific times. The Company also offers related products to complement its two business segments, including the supply of UPS equipment sourced from third parties as well as sales of its Trafficsens traffic management controllers and Selmos lighting controllers.

Discussions
1 person likes this. Showing 50 of 409 comments

GemSeekers

once break 3.59 going test new high

2024-09-24 10:06

klee

Likely to sapu all smart parking in johor.
Prime beneficiary of spore johor sez,no wonder unstoppable rise frm ipo pr of 1.07.

2024-09-25 09:55

GemSeekers

Revenue forecast.
Our back of the envelop calculation takes into assumption of 40%
utilisation rate for 10 hours (8am-6pm) which translates to 4 hours per day. With 6 days
parking operations for 7.6k parking bays at RM0.60 per hour, this translates to RM440k
revenue per month which equals to about RM5.3m per year. Based on the revenue
sharing of 70%-30%, this would garner RM3.7m per annum for ITMAX. With 50%
margin assumption this could lift its bottom line by ~RM1.8m per year. We understand
that this award is only the first phase and there are 2-3k more parking spaces to be
gazetted.

Expansion of its capability.
The revenue generated from the smart parking system
will provide additional recurring income for the group. We remain upbeat and this
development strengthens our belief that this will propel its earnings to the next level. To
note, MPS is the fourth smart parking job win in Johor for ITMAX after securing Majlis
Bandaraya Iskandar Puteri (MBIP) in June 2024 ,Majlis Perbandaran Kulai (MPKu) in
July 2024 and Majlis Daerah Tangkak (MDT) in early September 2024. We see
significant opportunities for the group to expand this service to the other 12 councils.
Assuming a total of 200k parking bays in the greater Johor area, with 6 days parking
operations at 4 hours per day (40% utilisation rate) and RM0.60 per hour, this would
garner average RM11.5m monthly or RM138.2m per year. With the same term of 70%-
30% revenue sharing and 50% margin, this could lift up the group bottom line by
RM48m per year

2024-09-25 11:48

GemSeekers

somemore with the revival of forest city , outlook of ITMAX is superb

2024-09-25 11:49

Lee Ying Yee

no qualify PE 50 ?? high earning b high dividend .

2024-09-26 09:12

klee

Likely to break all time high of 3.67 n explode soon frm the price action.

2024-09-27 12:24

klee

One of the best johor themed stock
well connected to be able to sapu 4 johor councils parking
sky is limit....

2024-09-27 12:44

klee

wait for announcement of another piece of good news

2024-09-27 16:47

treasure_hunter

ITMAX had clinched 5th Johor car park contract from MUAR MUNICIPAL COUNCIL from October 2024
and WIP to cover whole Johor car park

Pengerang
Pontian
Yong Peng
Kluang
Pasir Gudang
Kota Tinggi
Labis
Simpang Renggam

2024-10-07 06:59

GemSeekers

TP 5.80 , more to come . It just like a cash generate machine .

2024-10-08 08:35

GemSeekers

Fifth smart parking job win
ITMAX has accepted MPM’s LOA to be the smart parking operator for 8.6k street
parking spaces for a period of 15 years. We remain upbeat and this development
strengthens our belief that this will propel its earnings to the next level. This is
the fifth job win relating to smart parking solution after securing MBIP in June
2024, MPKu in July 2024, MDT and MPS in Sept 2024. With this, we are confident
that the group would be able to expand its reach to another 11 districts in Johor.

2024-10-08 10:37

GemSeekers

We opine that ITMAX deserves a premium valuation as it has unique direct exposure
to the AI theme, especially at the application level. We believe that this home-grownsmart city integrated system and solution provider is a compelling case given its multiyear growth potential on the back of solid order and tender books.

2024-10-08 10:38

GemSeekers

multi baggers in the making

2024-10-08 10:50

GemSeekers

no wonders FUND keep sapu

2024-10-08 10:56

minichart

ITMAX continues to build a solid orderbook, leveraging AI technologies and unique database systems for competitive advantage. The company sees multi-year growth potential across Kuala Lumpur, Johor, and Penang, driven by smart city solutions, AI-enhanced services, and expansion into new regions. The stock is recommended as a BUY with a target price of RM4.10, reflecting a projected upside of 13.5%.

https://www.minichart.com.sg/2024/10/09/unlocking-itmax-systems-growth-potential-through-smart-city-innovations/

2024-10-09 08:44

GemSeekers

is coming , break 3.67 will rocket to the moon

2024-10-09 09:26

GemSeekers

no doubt CCTV video surveillance , smart LED lighting is poised to grow significantly to become smart city .

2024-10-09 09:36

GemSeekers

from here we can see how strong is the 30 largest shareholders , mostly growth fund .
look like the 6% DBT could be the angel investor that can bring ITMAX to another level .

FUND is cornering this stock , going to the moon .

2024-10-09 10:21

GemSeekers

that why 6% transaction for the price 3.40 , is a wild card now. something great must be on the way .

2024-10-09 10:49

GemSeekers

break 4.00 will be just a blink , lets go !

2024-10-10 11:13

klee

this is a cornered stock,operator not in a hurry at all
one by one the smart parking in johor councils kena sapu
later spread to KL n penang too
final target shud be rm5,then split 1 into 5
this is how the well connected get richer

2024-10-10 15:44

Joscylyn

After Budget 2025, RM4 😃

2024-10-15 09:57

troy88

Still one of the very few tech stocks in bursa that is resilient when the others mostly dumped like toilet paper..

2024-10-16 09:37

kelvinsia39

What is happening today? The stock performance is not updated today - something wrong with the investor i3 system?

2024-10-17 21:01

treasure_hunter

Opportunity for ITMAX from Budget 2025
1) RM178 million is allocated for the installation of new streetlights and smart traffic lights on federal roads nationwide.
2) 180 high-definition CCTV cameras and 45 emergency buttons will be installed in Putrajaya and Labuan to enhance safety levels.
3) Projects to build and repair bridges, as well as install and maintain village streetlights, will continue with an allocation of over RM350 million.
4) The government will announce a special incentive to attract quality investments and offer high-value jobs in the Johor- Singapore Special Economic Zone by the end of this year.
5) The government has approved Forest City in Johor as a Duty-Free Island to support tourism and local economic activities.

2024-10-21 16:18

Joscylyn

Looking at current market condition, it's really nice trade, turbochart

2024-10-30 09:33

abcb

Sell all and take profit, overvalued right now. May possibility drop to below 3.00
NTA:0.36
PE Ratio:51.3 RPS only 0.068

2024-11-04 09:59

Joscylyn

ITMAX got strong order books. No need to worry about it

2024-11-15 17:20

troy88

Another great QR. Still solid!

2024-11-26 09:07

AlphaAdventurer

It's true or just an assumption, treasure_hunter ?

2024-12-06 12:31

Michael Kwok

Itmax 3.80
Tp below rm 3
7/1/25 6.35pm

2025-01-07 18:35

speakup

This company super high PE. Y?

2025-01-07 18:51

AlphaAdventurer

JS-SEZ alrdy signed. Itmax will be benefitted as well

2025-01-07 20:51

Michael Kwok

My messages to investors
No buy,wednesday,thursday and fri on other stocks
15/1/25 11.55am

2025-01-15 11:54

AlphaAdventurer

Buying spree will resume after CNY holiday 🤗

2025-01-24 11:03

troy88

Still one of the few most resilient tech stock in bursa. Thanks for the profits Itmax.

2025-02-14 09:19

AlphaAdventurer

Let's Huat together in ITMAX 😁

2025-02-14 16:01

Brutus

Wonder if the management will announce a Bonus Issue of 1:1 or 2:1 since the stock price has risen significantly after IPO to encourage more retail participation?

2025-02-17 09:58

AlphaAdventurer

I think they will, Brutus. That would be a bonus to shareholders

2025-02-24 16:28

AlphaAdventurer

No bonus issue announcement, but the company announced strong q4 results

https://www.thestar.com.my/business/business-news/2025/02/26/itmax-posts-jump-in-revenue-profit-in-fy24

2025-03-03 16:44

troy88

Looks like Itmax is probably still the most resilient tech stock in bursa when others meltdown like no tomorrow.

2025-03-04 11:46

newbie8080

@troy88
Very much agreed.
Itmax plays within Msia, no external impacts, so long their technology innovations cannot be easily replicated by the gov or 3rd party vendors, it will be doing well.

2025-03-05 17:09

AlphaAdventurer

It's back to strong momentum, more likely 😄

2025-03-14 17:16

troy88

Still a good company but profits are decelerating..

1 month ago

treasure_hunter

ITMAX had clinched another 4 car park contract, make it total 11 car park contract in Johor
and WIP to cover whole Johor car park (another 4 to go)

Newly Added
Labis
Simpang Renggam
Kota Tinggi
Yong Peng

On hand
Iskandar Puteri
Tangkak
Kulai
Segamat
Muar
Pontian
Mersing

Pending Offical Award
Batu Pahat
Pengerang
Kluang
Pasir Gudang

1 month ago

azrudin84

kenapa drop?

1 month ago

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