Hi All,

Anyone know about IOICORP (1961) stock?

The highest price is 8.50. Today price is 3.16.

Is it a good shock?

This post has been edited by 1698: Nov 12 2008, 10:04 AM

It is good, but not a shock.

I'll buy it if it slides down to Rm 2.50 again.

By the way, we do have a thread to discuss plantation counters right?

sorry about that im Newbie and still in learning curve !

the turning point is near, right ?

This post has been edited by 1698: Nov 12 2008, 11:53 AM

Bro,u cant just compare the higher price...look at they 1month back..2.08 lowest in 52w..what do u think?

this IOI stock is like a Bas**** not only venturing into plantation .. but also property... exactly what is it trying to do i believe its diversifying...

somewhere along the line it will be known as a Conglomerate like sime.

SIme got car and heavy industrial as well..

But I thought they make it clearly as IOICORP and IOIPROP?

i believe IOICorp rec3ntly made a purchase of Menara Citibank..

furthermore, that would in my opinion reinforce the idea that IOI is a conglomorate rather than a plantation operator.

The IOICORP information links as below.

http://www.ioigroup.com/

http://www.bursawave.com/stock-search/stoc...ation-bhd-2328/



Anyone can give some opinion?

If check on the history, is it keep increasing started from end of Oct and remain in 3.xx.

Can I buy IOICORP now?





This post has been edited by 1698: Nov 14 2008, 08:59 PM

3.xx is a bit high for now. It used to be 2.08 a few weeks ago!

You have already missed the boat. You have to wait if CPO will tumble again!

look at the par value! It is 10cents only.
If you compare the other stock with par value Rm1, IOICORP is relatively expensive.

2.08x10 = Rm 20.80.

To me, IOICORP will not be my choice, I would rather to buy others like Chintek or Kulim, more promising to me

Your two choice happened to be at 2 opposite extreme end leh Mind share your view?
PAR value is meaningless, they don't tell anything, symbolic only to me

Par value has no meaning other than to split shares from the default RM1.00 per share. Splitting shares are done to make the share more liquid if it becomes to expensive to buy for retailers.

By multiplying the share price * 10 because the par value is Rm0.10 is also wrong as it does not actually valuate a share properly.


To see how big a company is compared to another, use the share price and multiply by the amount of total shares the company has. Par value is just a reference number.

To see how expensive a company share is, use the PER method.

This post has been edited by skiddtrader: Nov 15 2008, 02:07 AM

Haha... Have to wait long long for that. I have a few friends who bought at RM2.30 and sold it out at RM2.70.

Sold too fast I guess.

Haha... They sold it because the price stucked at 2.70 for a few days and afraid it will drop. After sold, it went up to RM3.30.

Haha... now the rate around 3.xx start from beginning of Nov.

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Added on November 22, 2008, 2:32 pm2.94 now !

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Added on December 18, 2008, 2:42 pmIOICORP 3.50 now

This post has been edited by 1698: Dec 18 2008, 02:42 PM

ya 3.54 now!!!

any reason to it?

Ya. I want to know why today the stock price shoot up ?

It shoot up cause you didn't buy

Wa lau er! Because of me meh ?

then, its because of me too...i did not buy it too..keh keh

This post has been edited by asambuffett: Dec 18 2008, 11:57 PM

haha like that also can

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Added on December 19, 2008, 8:49 amnext time u dont want which counter just let him noe la

This post has been edited by mo_meng: Dec 19 2008, 08:49 AM

cpo still stood at low rate, don't think it can surge high at this moment, better don't chase.

Today drop a bit. Anyone buying ?

Not yet ...

keep dropping, waiting for the good time to buy in

haha, i thought in stock market there is no answer for this ?

Haha, is it? Sorry. actually just wan to answer 'not yet', just own opinion !
so what's ur opinion ?

I wonder when will it drop again?

Soon....

i think it's because of the fear on EL NINA effect since it might lower the output of the CPO. I think I read it somewhere. But well, it's very volatile for now. IOI is a good company but the way CPO price shoots up and down (by a lot) is kinda scary. I think the fair price should be around 3.20 - 3.40...not 3.80 or 4 (even though i bought some units at super expensive price).

CPO tends to go hand in hand with crude oil price... but hmm... maybe some big players are playing around?

Erm, lowering the output of CPO would pull the price down, since earnings are affected, right?

wah.. kb2008.. ur post count now is 8888!!

btw.. i was reluctant to buy when it was 4.26(i still lining up at somewhere 4.10.. manatau.. it ends 4.38...

well.. i m still newbie.. wondering shud buy or not also... =.=''

Haha its a familiar feeling. Wait for it to reach RM5 then you heart pain never buy at lower. Then when you decide to buy at RM5.50 hoping for it to reach RM6.50, it sinks back to RM3 and you heart pain again.

aih.. i hope i wont kena as wat u said... anyway.. still didn't buy yet..

At 4.26 or 4.38 already high. Not many people will buy it. However, it is up to the buyer as most of the people believe it will go beyond 5 especially the COP is climibing for the past few days.

Now quite risky ler. Coz on one hand, people waging war on each other thus higher fuel price --> high CPO price. but 4.40+ is reli quite high for this stock =_=

People won't say it is risky if it goes up to RM 5.00 later.

today dropped to 4

I think should bump this thread.

IOI Corporation-Privatisation?

IOIC and IOIP suspended… IOIC and IOIP has suspended trading of its shares until the end of Wednesday, 4th Feb 2009, pending the announcement of a material corporate exercise involving the securities of its 74.4%-subsidiary, IOI Properties. It has been speculated that the reason for the suspension is a possible privatisation of IOIP. While we cannot think of any other reason for the share suspension, we would not be surprised if IOIC announces something else completely unexpected...

source: http://bursastreet.blogspot.com/

What would happen if it really privatise?
The share shoot further rocket high?
And if it is not about IOIP privatisation but something else, would it give any effect to IOI shares?
Maybe limit down? or limit up?

It depended on the privatisation price then.

It is rather too early to judge anything as we don't know about the deal.

It may become "purely" oil palm stock not involving properties.

Most FF do not like cos with prop co.

This post has been edited by SKY 1809: Feb 4 2009, 04:27 PM

when will it resume trading?

bursa website no announcement yet.

Wednesday, February 4, 2009
IOI Corp to buy out property unit: RHB

IOI Corp, Malaysia’s second biggest publicly traded planter, plans to buy out its property unit, RHB Research Institute Sdn Bhd said in a report, citing IOI’s management.
IOI will offer to buy the shares it doesn’t own in IOI Properties Bhd using cash and new IOI shares, the brokerage said in the report today.
IOI Properties is valued at about RM1.84 billion (US$509 million) based on its last traded price of RM2.22 at the close on January 30. Shares of both IOI and IOI Properties are suspended from trading until the end of the day pending the announcement. IOI owns 74 per cent of IOI Properties, according to data compiled by Bloomberg. - Bloomberg

Cilli sauce :
http://sensecents.blogspot.com/
http://www.btimes.com.my/Current_News/BTIM...icle/index_html

What will happen to IOICORP's and IOIPROP's shares?

This post has been edited by kmarc: Feb 4 2009, 06:47 PM

Subject : IOI PROPERTIES BERHAD (“IOI PROP” OR THE “COMPANY”) RECEIPT OF NOTICE OF VOLUNTARY TAKE-OVER OFFER

Contents :
The Board of Directors of the Company (“Board”) wishes to announce that the Company has today received a notice of voluntary take-over offer (“Notice”) from AmInvestment Bank Berhad (a member of AmInvestment Bank Group) on behalf of IOI Corporation Berhad (“IOI Corp”) to acquire all 199,727,505 ordinary shares of RM0.50 each in IOI Prop (“IOI Prop Share”) not already owned by IOI Corp and all the new IOI Prop Shares that may be issued prior to the closing of the Offer (as defined herein) arising from the exercise of outstanding options granted pursuant to IOI Prop’s Executive Share Option Scheme (“ESOS Options”) at an offer price of RM2.598 per IOI Prop Share to be satisfied in the following manner :-

i) the issuance of zero-point-six (0.6) ordinary shares of RM0.10 each in IOI Corp (“IOI Corp Share”) at an issue price of RM3.78 per IOI Corp Share, being the 5-day volume weighted average market price (“5-Day VWAP”) of IOI Corp Shares up to and including 30 January 2009; and

ii) RM0.33 in cash,

for every one (1) IOI Prop Share held in respect of which the Offer is validly accepted.

(to be referred to as “Offer”)

All 199,727,505 IOI Prop Shares not already owned by IOI Corp and all the new IOI Prop Shares that may be issued prior to the closing of the Offer arising from the exercise of ESOS Options shall be collectively referred to as “Offer Shares”.

The Board does not intend to seek an alternative person to make a take-over offer for the Offer Shares.

In accordance with the Malaysian Code on Take-Overs and Mergers, 1998 (“Code”), the Board will appoint an independent adviser for purposes of the Offer. The appointment of the independent adviser will be subject to the approval of the Securities Commission in accordance with Part IV Section 15(8) of the Code.

A copy of the Notice is attached herewith. The Notice will be posted to the shareholders of IOI Prop within seven (7) days of its receipt.

This announcement is dated 4 February 2009.

Seems like market speculation got it right after all.

The recent stubborness or strength of IOIcorp share price has its reason!



This post has been edited by cherroy: Feb 4 2009, 08:16 PM

When did this market speculation start as I didn't hear a word of it until today.....

Anybody free to explain what happens to shareholders of IOIPROP (I don't understand the above )?

This post has been edited by kmarc: Feb 4 2009, 09:14 PM

Some fellow forumers had posted when it was suspended last week.

IOIprop shareholders will be getting 0.6 share of every IOIprop they owned + cash Rm0.33.

0.6 share of the IOIPROP price? That's the part I don't understand.

Say that a shareholder holds 1000 shares of IOIPROP at RM2.00. How's the calculation?

It is disregard how much you have bought and what is their market price.

If you have 1,000 share of IOIProp, you will be getting 600 shares of IOIcorp + Rm 330 cash.

so isit worth to buy ioi prop?

if own 10 units of IOIP

IOIP 10units RM2.22/lot = RM 22200
IOICORP 6units RM 3.92/lot = RM 23520 + RM 330 = RM 23850

my calculation is correct?

deleted.

This post has been edited by htt: Feb 4 2009, 11:08 PM

Cash part should be Rm3,300

That's correct.... overlook :-p

Thx for the explanation.

So,

IOIPROP 1000 shares bought, let say, at RM2.22 = Spend RM2200

Convert to,

IOICORP 600 shares @ RM3.92 = RM 2352

+

Cash 1000 x 0.33 = RM 330

Total = RM2352 + RM330 = RM 2652

In the end, for holding 1000 shares of IOIPROP @ RM 2.22, you gain RM 2652-2200 = RM452!!

Another noob question - Theorectically, does that mean you can't buy IOIPROP's shares anymore or nobody would sell to you at a loss? What would happen to the share price of IOICORP? Drop?

Edit : Aahhh! Looks like investors may take this news negatively (referring to IOICORP's share) : http://www.btimes.com.my/Current_News/BTIM...icle/index_html

This post has been edited by kmarc: Feb 4 2009, 11:51 PM

IOIcorp opening price a bit low...

This post has been edited by PBB boleh: Feb 5 2009, 09:09 AM

Share price will adjust to the offer accordingly, opportunity won't wait for you to make money, also the privatisation might take several months to be completed, (or might not complete, if shareholders of IOIprop don't want to accept it) also by then when the privatisation process completed, share price of IOI might not be the same anymore.

I see..... looks like the prices have already adjusted.....

Stop thinking there is money on the table and wait for you to collect which others don't know. If you and me know how to calculate, so do the rest in the market.
Market is efficient most of the time, they don't wait for you.

If there is some free money, there I also "tembak" first or already bought, before posting this line.
Still calculate and calculate and bring up the discussion? Action already.


This post has been edited by cherroy: Feb 5 2009, 11:02 AM

I didn't think about acquiring those counters as I don't fully understand the process involved. However, I disagree with you on the first part...... we always think about money whether it is on, under or beside the table...

Anybody buy anything? So bored.....

This post has been edited by kmarc: Feb 5 2009, 11:13 AM

cherroy, u bought ioiprop?

No lah, why?

Now it trading at same or near worth of IOIcorp, ie. you gain little or nothing from buying IOIprop, better go directly to IOIcorp if really interested in IOIcorp.

3.76 x 0.6 = 2.256 + 0.33 = 2.586

Upside of IOIprop is capped by IOI share price now.

Haha ...

yaya market wont wait for us to calculate here and there then decide ...
Unless u r holding IOIprop share previously before the announcement or u hav relative working as a top management at ioicorp ...


i agree with cherroy with u r earning a liitle or nt earning at all by buying ioiprop now ...
market adjusted ... and if u buy ioiprop now ... u hav to wait for the acceptance and then if they can collect 90% , u must surrender your shares to the registrar , the process will take months ...

if u own 10k shares of ioip by buying nw ... automatically ur RM25k is locked for months ...
if there is oppurtunity , u cant use the fund to collect shares ... =)

Choose other blue chips lol ....

sime and genting very attractive mah ...

since IOICORP taking over IOIPROP, ICORP need to spend money on it and cash flow become low, so the share prices also should be go down after they exersize the take over?

Majority paid by share, cash only small portion.

anyone bought ioi recently ? seems on yo yo. Can wait to sell off

How to buy ? The stock price very high nowaday!

IOICORP closing today @ 4.10
Tomorrow should be able to touch 4.00
Anyone holding any?

Closed at 4.30.

Irony irony. Haih.

Monday

CHEAP SALE

Basic earnings/(loss) per share (sen)
0.63

Profit/(loss) for the period
58,241



This post has been edited by penangmee: May 16 2009, 05:41 PM

Question, I've been hearing that IOI is among the best in plantation stocks. I checked the dividend, only around 10 cents plus per annum which is around 2% return based on RM5.

Is it still worthwhile?

for your reading, ante5k

http://malaysiafinance.blogspot.com/search?q=ioicorp

thanks, but that blog always post one pict with the article.... and i'm in the office, open space cubicle somemore....

LOL, it is not naked photos, so never mind mah

p/s: i know that feeling. so sometimes i copy & paste it on notepad, slowly read from there

Yalor, what it has to do with stock market then.

If some collegue passed by, esepcially if some sexy photo, taught you surf 'dirty' website.

Just picture of girls ma. If we go to facebook, look at fren's photo, cannot? Or visit leng lui's blog. I alwiz do that. I would be surprise if a guy not interested in leng lui

Hello brothers and sister out there,

When is IOI Plantation Right Issue form coming out?

You guys have already receive the right issue form already??

whats it about ?

no market interests in IOICorp lately?

IOI CORP rocks....

the best managed oil palm plantation in the WORLD, very visionary boss, hand-ons, no non-sense, pragmatic man, Tan Sri Lee.

and importantly he is at his prime age as a corporate leader early 60s.

i always follow this theory, if u wanna be rich, just follow the rich man.

For Malaysia, the list is something like this :
(1) Robert, cannot follow him dy, he shift everything out from malaysia
(2) AK, yes buy MAXIS, after a few years he will get another waterfish to buy MAXIS, and he will privatise again. and he always treat the minority very good one. than the next PM ask him to list again, and history repeat itself, kakakak sound like fortune teller.
(3) Teh HP, i continously buy and keep PBB for more than 10 years oledi, earn a lot BUT can keep for another 10 years ....
(4) Lee SC, IOI boss, yes he is in the prime age, follow him.....
(5) Uncle Lim's anak and cucu-cucu, susah lah, they dun pick up any business skill from uncle Lim, onli do RPT and buy all the useless financial instruments/paper onli, hv to use chinese skill, got money buy land.

See all the rich chinese, Lee Ka Seng, Lee Shin chin, Robert, all buy land one, even uncle Lim oso buy land and plant palm oil.

really sick of the current Genting owners.....

(6) Quek LC, yes he is rising now and also in prime age, bet on HL bank, now u hv HL+chendu bank, later +EON, +BEA, after something happen i.e. some one go lar, than HL+PBB kakakkakka

(7) Francis, yes also in prime age with good track record, most of his stable of companies all give good CAGR over long term one. esp YTL and YTLPOWR. near to world class standard, i.e. warrant buffet 25% CAGR for 30years plus.

if u dun understand wat i say it is ok, use excel or scientific calculator calculate as follow .

RM 100 000 x (1.25) to the power of 10, 20, 30.

See the money, kakakkakakak, my aim is 15% CAGR rate onli, coz i just need 4 million to retire, kakakakak

RICH man that i dun follow, VT, Willaim, Bukari. they are super rich but minority in their stable of company dun really get much, and they keep on restructure, so u dun know which one they wanna salvage, which one to kill, which one to keep, unless u hv inside info.

Except : TOTO and PARKSON. can invest

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Added on December 25, 2009, 12:17 amerrata

(3) Teh HP, i continously buy and keep PBB for more than 10 years oledi, earn a lot BUT can I keep for another 10 years ?????

This post has been edited by mok thye yee: Dec 25 2009, 12:17 AM

Anyone can advice if this counter is a good buy?

quote
(3) Teh HP, i continously buy and keep PBB for more than 10 years oledi, earn a lot BUT can I keep for another 10 years ?????


As Teh HP is slowing making his journey thru' the golden years, a lot of monkeys are eyeing his bank. Many things can happen during the next ten years. M'sia a bankrupt country? economic collapse? Bank mergers n takeovers? Changes in banking legislation (Phileo Allied was forced out)? In the words of economist John Maynard Keynes, "in the long term, we are all dead". Go for the short term.

Revenue and profit were dropping, probably able to buy at lower price

http://cwyeoh-stock.blogspot.com/

from the financial report, it is your decision.

http://steven-moo.blogspot.com/2010/09/ioi...ration-bhd.html

IOI Corp to buy Sabah land for RM830m

IOI Corporation Bhd, through an indirect wholly-owned subsidiary, Sri Mayvin Plantation Sdn Bhd, has proposed to acquire 11,977.91 hectares of oil palm plantation land in Sabah from Pertama Land & Development Sdn Bhd for RM830 million.

Read more: IOI Corp to buy Sabah land for RM830m http://www.btimes.com.my/Current_News/BTIM...l#ixzz1TPkeASWO

IOI Corp brushes off acquisition rumours


This was following a news report stating that IOI Corp Bhd is in talks to buy Achi Jaya Plantations 12,074ha oil palm plantation in Labis, Johor, for RM800mil to RM900mil.

The report said Achi Jaya Plantations, formerly Achi Jaya Services, acquired Socfin Plantations Sdn Bhd's assets comprising the 12,074ha-oil palm estate, workers' quarters, staff and executive bungalows, a clubhouse, a nine-hole golf course, a 60-tonne oil mill and other facilities and amenities for RM512.16 million in January 2004.

Second interim single tier dividend of 85% or 8.5 sen per ordinary share of RM0.10 each

EX-date 05/09/2013
Entitlement date 09/09/2013
Payment date 26/09/2013

IOI Corp in RM1b takeover of Unico-Desa Plantations

IOI Corporation Bhd has launched a RM1bil takeover of Unico-Desa Plantations Bhd at RM1.17 a share.

It said on Wednesday its unit IOI Plantations Bhd had acquired 339 million Unico shares or 39.55% for a RM396.63mil cash consideration.

“Following the completion of the acquisition, IOI Plantations shareholdings in Unico has exceeded 33% of the voting shares in Unico,” IOI Corp added.

IOI Corp said IOI Plantation was obligated to extend a mandatory take-over offer to acquire all the remaining Unico shares amounting to 518.11 million Unico shares or 60.45% at RM1.17 per offer share or RM606.18mil.