IJM MANAGEMENT have very good vision management team. since ijm merge with road builder and ijm properties with RBLAND, it now is doing very good. the merge between mrcb and ijmland, the management will consider what is best for the company. what is the pro and cons of it. the mangement will evaluate what is good for the company.

KEURO, IJM PLANT, IJM LAND,IJM INDIA, IJM the whole group is doing tremendously well.

the name IJM is very well known. not to worry too much, the CEO is very sharp and good. IJM as the mother share of IJM LAND which hold more than 60% will eventually get IJM land to greater heights.

No point holding a company with a bad management team which cannot go forward or no progress. WHICH HAVE BETTER MANAGEMENT MRCB OR IJM LAND? WILL CHOOSE IJM LAND

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Added on November 20, 2010, 12:31 amIJM Land privatisation in the wind

KUALA LUMPUR: IJM Land Bhd is looking ripe for possible privatisation, according to analysts. In a research note, RHB Research reported market talk on IJM Land being a target for privatisation by parent IJM Corp Bhd.

IJM Corp currently holds 62.8% in IJM Land, which is equivalent to 695 million shares. Although the company has not come out to comment about whether privatisation is on the cards, there are a number of reasons for doing so, said industry insiders.

However, privatising IJM Land at its current levels could prove a costly exercise for IJM Corp. Yesterday the stock closed at RM2.61, just one sen shy of its six-month high of RM2.62 on Wednesday. Its highest close in the past 52-weeks was on Oct 20, 2009 at RM2.68.

At its current price level, IJM Corp would have to fork out RM1.08 billion for the remaining 412 million shares it does not own in IJM Land, should the former want to privatise its property unit.

“Currently the property segment and the infrastructure segment are parked under IJM Land and IJM Corp respectively. Given the synergies between the two segments, it would make more sense for property and construction to be under the same umbrella,” said an industry observer.

In addition, IJM Land’s earnings are due to see an upward trajectory following the upcoming launch of The Light Collection II, boasting a gross development value of RM250 million in Penang, due next month.

“Earnings from the construction sector are traditionally lumpy. In addition, although there is some upside from the government’s recently announced economic transformation programme, the outlook is still uncertain.

“As such, IJM could look to its property segment to help buffer the group from any possible downturns in the construction sector,” said the industry observer.

RHB opined that by privatising IJM Land, it might enable the parent to be the component stock of the benchmark FBM KLCI.

“We think the most possible reason for IJM Land to be taken private is the potential addition of IJM Corp into the benchmark index, the FBM KLCI top 30 stocks, following the inclusion of Gamuda Bhd this past September.

“Note that IJM Corp is currently one of the FBM Mid-70 stocks and in the reserve list for the FBM KLCI. The inclusion may benefit IJM Corp as it could lead to a re-rating going forward. While it is still premature to confirm the deal, we believe the privatisation angle is nevertheless a strong catalyst for IJM Land,” said RHB.

According to the research house, privatising IJM Land would increase its parent’s market capitalisation to RM8.2 billion from RM7.1 billion.

Most research houses covering IJM Land are bullish on the company’s prospects, with the majority calling buy or outperform on the stock, with target prices ranging between RM2.80 and RM3.18.

According to its latest second quarter earnings announcement, IJM Corp’s deposits, cash and bank balances stood at some RM1.4 billion. Its total debts for the period, comprising overdrafts, term loans, commercial papers and medium term notes, bonds, government support loans and others came to RM3.9 billion.

“Hence, it is unlikely that if it were to privatise IJM Land, that IJM Corp would do it by way of a straight cash offer given that its balance sheet is stretched. A more likely scenario would be a share swap, or a share swap with a cash option,” said an industry observer.

RHB concurred on this point stating that assuming IJM Corp raised RM1.1 billion in borrowings to fund the deal, it would increase the company’s gearing to 0.7 times from 0.48 times.

Regardless, IJM Land remains one of RHB’s top picks for the property sector, having revised its earning estimates on the company for FY2011 to FY2013 by 5% to 12%.

“Given its strategic landbank exposure spreading across the key regions in Malaysia, we believe IJM Land is still the best proxy to ride on the continued upcycle in the property sector,” stated RHB.

This post has been edited by lowyat888: Nov 20 2010, 12:31 AM

coma so long jor! don't coma some more lah please.

RCE CAPITAL BHD [] earnings rose 65% to RM31.24 million in the second quarter ended Sept 30, 2010 underpinned by stronger demand for its new Syariah-based financing products and expected its performance to improve for the rest of the year.

http://www.theedgemalaysia.com/business-ne...line-by-65.html

News headlines on btimes.

Halim Saad, partner offer to buy QSR



Read the entire article here:
http://www.btimes.com.my/Current_News/BTIM...icle/index_html

disposed mine at .67, if surged

Guys, input from our ex Prime Minister, Tun Mahathir in his Chedet Blog ;

1. Lately we have been seeing rather rapid increases in the Kuala Lumpur Composite Index. Those who play the stock market must be feeling very happy. Much money must be made by investors from capital gains.

2. Some people believe that the rise of the KLCI is an indicator of the healthy state of the Malaysian economy. This may be true but let me throw some cold water in the belief that the index indicates that the economy is doing very well.

3. It is doing fairly well, no doubt, but that is not enough to push the KLCI to record highs. What is happening is that a lot of foreign money is coming in to buy Malaysian stocks.
4.In itself it is not bad. It is also a kind of foreign direct investment (FDI). But this kind of FDI is not about setting up industries to produce goods for export. The latter will not be easily liquidated to take the invested capital out. The plants which are set up cannot be easily sold. The Investors will have to manage them through good and bad times to get a return on their investments.

5. But FDI in stocks and shares can be sold any time and the proceeds taken out.

6. Just as increases in investments push up share prices and the KLCI, rapid or massive divestments will push down the share prices and index.

7. We read in the papers that the Federal Reserve Bank of the United States is pumping US600 billion Dollars into the US economy. A part of this money will no doubt be used to invest in stock and shares of the developing economies. The result of this FDI-financed purchases will be a rise in the share prices and the KLCI.

8. In 1997-1998 the foreign investors pulled out their investments and the KLCI dropped from 1,300 to 262. Naturally a lot of local investors lost money. They could not meet margin calls nor raise money to augment collaterals for their bank loans.

9. The banks found themselves burdened with large numbers of non-performing loans and had to face the threat of bankruptcy.

10. Should the banks collapse the economy of the country will go into a tailspin. It did in 1997-1998. It will happen again should the foreign investors dump their Malaysian shares to take profits from capital gains.

11. Foreign funds, especially from the US coming in to invest in Malaysia's stock market at this time must be considered as hot money. I would not be suprised when the KLCI peaks the foreign investors will dump their shares and collect capital gains. The share prices will fall rapidly and Malaysians who had chased the shares on their way up will be asked to meet margin calls. If they fail they will lose a lot of money.

12. I hope I am wrong. But sometimes my predictions about money and markets have proven to be right. In any case I only own 200 Malayan Tobacco shares bought before I became Education Minister. I have nothing to gain or to lose, but the country and the stock market investors will lose.

http://chedet.co.cc/chedetblog/2010/11/the...arket.html#more

money naturally will go to places where int rate is high
eg. australia & whoever is gonna increase their int rate to cool down growth
watch the fed, think global & act global enjoy the ride while it last!
last one to hold the bag, pls off the lights

so can consider like this ha.. sell kfc and qsr swicth buy kulim... ?

This post has been edited by masterjedi: Nov 20 2010, 12:14 PM

Does anybody know when will YTLPOWER Quarter result with be out?

This is a scary fact and yet its so True.

This post has been edited by hexen7: Nov 20 2010, 04:33 PM

That why i still waiting time to enter

This is part n parcel of an open market. Your gains are somebody else's losses. Nothing so special about that. People take risk to make money.

As to the market plunge in 1997/1998, foreign players don't run away for nothing, They sensed that something was not right about the economies of SEA and that the boom could not be sustained. By that time, Japanese factories operating in SEA could not make any money n they could make money even if they produced the same goods in Japan.The gradual fall of the JPY starting in 1995 produced this setting. When the foreign players realised that something was not right, they rushed for the exit. In hindsight, it was the pegging of the Asian currencies (MYR included) to the USD that made them uncompetitive.

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Added on November 20, 2010, 11:34 pmquote
12. I hope I am wrong. But sometimes my predictions about money and markets have proven to be right. In any case I only own 200 Malayan Tobacco shares bought before I became Education Minister. I have nothing to gain or to lose, but the country and the stock market investors will lose.
unquote

Well if that is the case, I wonder why BNM did not adjust the MYR-USD peg when the JPY started sliding in 1995. Why wait for the market forces to adjust it for you???

This post has been edited by Oracles99: Nov 21 2010, 02:03 PM

Respect Tun M but our pocket are empty, his stomach are full. He may say anything bcoz he got $$$ (duit pencen keja gomen...) but ppl like us ?! If my son running Kencana & SIC then i oso say the same thing.

We believe liquidity will be the key driver for the Malaysian stock market in 2011: commodity prices have risen significantly YTD, the economy continues to be robust and interest rates remain low,
while the MYR is expected to strengthen further.
● In addition, Najib will need to pump prime the economy to win the next general elections. Warming Singapore-Malaysia ties should encourage cross-border investments from Singapore.
● Despite recording five consecutive months of foreign net buying, foreign shareholding in Malaysia has only inched up to 21.8%, from a recent low of 20.3% and is still below April 2007’s 27.5%.
● The current forward P/B for the Malaysian market is 2.3x, which is 9% from the recent high of 2.5x in December 2007. This suggests an index target of 1,630. The current forward P/E for the
Malaysian market is 15.6x, versus the recent peak of 20.5x in December 2007. This suggests 31% potential upside.

● Top picks: CIMB, Genting, Gamuda, Public Bank, IJM, Air Asia, UEM Land, Axiata, IJM Land and Tenaga.

source : Credit Suisse, 18th November 2010

This post has been edited by mazda626: Nov 21 2010, 12:59 AM

Bros, cimb 3Q results out d?

Well, is time to take holidays and leave the market to react itself until the Christmas eve..

Fund managers holidays and annual leave are coming up. Market is going to to crazy.

why leh ? cause all those that is trading are speculators ? lol

less than active and volatile if the funds managers are on holidays...

I don't buy the idea of fund managers on holidays.

If DJ plunge 1000 points overnight, all holidays cancel...

There may be some fund managers are on holiday but it doesn't mean the fund money is left idle.
Just like bank manager can go on holiday, but the bank operation still going on.

Money never sleeps, investors never sleep.

This post has been edited by yok70: Nov 21 2010, 04:22 PM

Anyone have the idea of how many percentage of FDI in malaysia right now ?