IJM Land’s big plans for 2011

PETALING JAYA: The ending of the proposed merger between IJM Land Bhd and Malaysian Resources Corp Bhd (MRCB) has come as a disappointment for the former’s shareholders.

URL: http://www.theedgemalaysia.com/highlights/...s-for-2011.html

CIMB Research has technical Sell on IJM Land

KUALA LUMPUR: CIMB Equities Research has a technical Sell call on IJM Land Bhd at RM2.75 at which it is trading at a price-to-book value of 1.7 times.

It said on Wednesday, July 13 the recent countertrend rebound may have exhausted. Prices hit a high of RM2.92 on June 20 but the bears have taken over since then.

URL: http://www.theedgemalaysia.com/business/18...n-ijm-land.html