Highlights
KLSE: IGBCR (5299)       IGB COMMERCIAL REAL ESTATE INVESTMENT TRUST MAIN : REITS
Last Price Today's Change   Day's Range   Trading Volume
0.495   0.00 (0.00%)  0.00 - 0.00  0
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Overview

Market Cap: 1,169 Million
NOSH: 2,361 Million
Avg Volume (4 weeks):383,300
4 Weeks Range:0.475 - 0.495
4 Weeks Price Volatility (%):
100.00%
52 Weeks Range:0.475 - 0.52
52 Weeks Price Volatility (%):
95.19%
Average Price Target: 1.92
Price Target Upside/Downside: +1.425

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2024 [#1]  |  17-Apr-2024
Next QR | Est. Ann. Date: 30-Jun-2024  |  26-Jul-2024
T4Q P/E | EY: 17.51  |  5.71%
T4Q DY | Payout %: 8.99%  |  157.28%
T4Q NAPS | P/NAPS: 0.9673  |  0.51
T4Q NP Margin | ROE: 30.50%  |  2.92%

Headlines

Date Subject
31-Jan-2024 Mplus Market Pulse - 31 Jan 2024
30-Jan-2024 AmWatch - Focus of the Day
17-Oct-2023 【行家论股】怡保花园商业产托 盈利上升空间有限
27-Jul-2023 Mplus Market Pulse - 27 Jul 2023
27-Jul-2023 IGB Commercial REIT Reports Marginal Increase in 2Q Property Income, Plans 1.74 Sen Distribution Per Unit
17-May-2023 谷中城失火 3公司股价“烧伤”

Business Background

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  3 people like this.
 
Sharefisher Already cleared a lot of share if you really calculate the amount since yesterday.
24/09/2021 2:42 PM
Foreign_Invest If IGB set IPO price 0.50 to public, the results will different.
24/09/2021 3:07 PM
firehawk if not buying any share, can lose nothing .... a super smart quote! !
24/09/2021 3:20 PM
firehawk very smart people can consider to upgrade to the highest level ... super smart !!
24/09/2021 3:26 PM
Sharefisher If ipo price is 0.50...I won't bother to monitor now. Haha ha...
27/09/2021 9:19 AM
Sharefisher Bit by bit selling still continues, so wait first.
27/09/2021 4:55 PM
mrbusiness Dato‘ 讲股票:怡保花园商托IGB Commercial REIT。南洋商报没有做好功课!

https://www.facebook.com/212046143060081/posts/910324039898951/
28/09/2021 2:54 PM
Foreign_Invest this counter only active selling? buying transaction so few..
29/09/2021 3:26 PM
Sharefisher Not yet over, the selling was still continues today, the seller is tricky guy, so, the huge q to buy at 0.61 and 0.615 could be fake buying interest. Be careful.
29/09/2021 9:50 PM
Foreign_Invest @sharefisher this is against law, coz action like this is one of manipulation tactics. queue and cancel later, queue and cancel later. Just watch the show first
30/09/2021 1:08 PM
charlie1 Is the current price 62.5sen a good buy?
30/09/2021 2:55 PM
Sharefisher It is normal to have fake q to buy or sell in our market ... Nothing illegal... Only to cheat no experience retailers.
30/09/2021 8:49 PM
firehawk Some talked about IPO price, this showed that how little they know about this listing .... may be they think there was IPO for public to apply :D
04/10/2021 8:30 AM
winterwolf Posted by Sharefisher > Sep 30, 2021 8:49 PM | Report Abuse

It is normal to have fake q to buy or sell in our market ... Nothing illegal... Only to cheat no experience retailers.

---------------------------

You can try and see for yourself if it is illegal or not.

Do it often enough, you will be flagged by SC, and then you can come here and tell us all about it.
04/10/2021 8:47 AM
Foreign_Invest Yea, don’t talk about queue for few hundred or few thousand. When come to hundred thousand or million, queue now cancel later, keep repeating queue again cancel later is one of the manipulation, this can get caught.
04/10/2021 12:27 PM
Sharefisher I don't know about others counters, but if you care to monitor pbb, last few days, more than 200k share just key in and cancelled in seconds, same number of shares, just key in then cancelled. SC is the toothless tiger lah.
04/10/2021 9:38 PM
Sharefisher Manipulation is the main idea for share market trading. If manipulation is not allowed, who want to trade?
04/10/2021 9:42 PM
Sharefisher Anyway, reit is for long term and not for trading... No need to rush to buy at the moment, still got sellers keen to sell.
04/10/2021 9:52 PM
Foreign_Invest Agree, reit stock price movement really hardly move. Entry price decide your portfolio return. Still watch this ipo show.
05/10/2021 11:55 AM
firehawk undoubtedly, there are still some firmly believe that there was IPO for public to subscribe and their effective cost is 0.40 ...... :D
07/10/2021 3:14 PM
martinbartesque Seems lesser seller at recent price.
12/10/2021 9:12 PM
Investeye Feeling good !
15/10/2021 12:23 PM
martinbartesque Little but little up. Target 0.80 and above
15/10/2021 12:53 PM
newbie2y getting nearer to quarter results release...price playing catch-up to fundamentals? :)
15/10/2021 2:07 PM
smartly declaring DPU in this coming QR ?
can start walloping....
15/10/2021 2:21 PM
smartly if DPU is 0.04sen, then
0.04/0.66 = 6% not bad. sapu.....
15/10/2021 2:25 PM
newbie2y @smartly, they declare semi-annual basis..according to this - https://klse.i3investor.com/blogs/kianweiaritcles/2021-06-21-story-h1566941926-IGB_Commercial_REIT_15_Key_Things_Investors_Should_Know_smallcapasia.jsp

on whether how much they will declare, i think we can get a glimpse of how much they earn for this qr (end sept) then we can roughly estimate 90% of the income to be distributed..
18/10/2021 12:34 PM
nuttyprofessor what happened today? mass sell down by 2cents
20/10/2021 11:06 AM
Sharefisher Insider buying according to the company announcement. .......no rush..
20/10/2021 11:09 AM
firehawk No rush ... buy @0.40 ?
20/10/2021 11:11 AM
Sharefisher Interest rate up is a bad news to reit.
20/10/2021 11:11 AM
fortunefire office towers still laku ?
02/11/2021 6:08 PM
NYC Even though lot of ppl concern about the upcoming supplies and work from home norm, but offices in strategic area like Mid Valley continue to enjoy good occupancy. 70% of the IGBCR asset in Mid Valley and in “controlled” area because all office buildings belong to IGB. Their overall occupancy rate now at 76%, slight lower compared to a year due to a newly completed office building currently occupied half. I see the office crowd there are gradually back to 60-70%.

Historically office REITs hardly trade below 0.5x to book, hence think fair to assume downside risk around 20% from their current price. In the case of rising interest, IGBCR only exposed to 26% of gearing, lower than office REITs like Sentral and well below 60% requirement from SC. Room for them to inject other assets in future.
24/11/2021 8:35 PM
Sharefisher How? Below 0.6........hmmm.....wait first.
22/12/2021 9:44 AM
nuttyprofessor only take 400 lots to push 5% of stock price just before div date... so tempted.
07/02/2022 9:46 AM
Pinky Do u guys think HLB's assumption of 5 sen gross dividend p.a. achievable?
01/03/2022 4:25 PM
InvestIcon @Pinky, Current 71% occupancy rate is due to Pandemic and it’s the lowest occupancy. With market reopening, the occupancy highly will improve rather than drop further. Plus, management indicated thus year rental will positively revise. So, 5 cents or increase of 25% rental income is likely achievable.Furthermore, even if the rental increase is not achieve. Current 4 cents or 6.6% yields is relatively high for existing market
16/04/2022 2:54 PM
Pinky If this REIT can match the stability and dividend yield of UOAREIT I'd be happy to keep and accumulate slowly.
16/04/2022 3:23 PM
Pinky Rubbish performance! Buy UOAREIT for strata offices exposure better. Sold!
28/04/2022 10:32 AM
Pinky Disappointing indeed. UOAREIT is the better choice
28/07/2022 9:47 AM
dragon328 https://klse.i3investor.com/web/blog/detail/dragon328/2022-08-12-story-h1627892545-IGBB_is_an_Awakening_Property_Giant_worth_at_least_RM6_75
12/08/2022 12:56 PM
dragon328 the parent of IGBCR is more interesting at current prices
12/08/2022 12:56 PM
80gram the parent can continue paying dividends?
23/08/2022 3:40 PM
dragon328 definitely. IGBB cashflows are very strong, dividends from IGB REIT and IGBCR are more than 20 sen per share. Wait till it carries out the proposed corporate exercises then it will be able to pare down borrowings and raise dividend payouts
23/08/2022 4:56 PM
Pinky https://www.theedgemarkets.com/node/652520

HLIB U-turn already. Luckily did not listen to them then and ran away
20/01/2023 1:38 PM
SHOB coming back
17/01/2024 10:26 AM
smartly Entitlement subject Income Distribution
Entitlement description 1.75 sen per unit comprising 1.69 sen taxable and 0.06 sen non-taxable for the period from 1 July 2023 to 31 December 2023
Ex-Date 15 Feb 2024
30/01/2024 7:54 PM
smartly Pursuant to the Bursa Malaysia Securities Berhad's letters dated 7 May 2021 and 16 July 2021 respectively in relation to the Approved Manager's Units and the Approved Public Spread, 8,419,338 new units of IGBCR to be issued to IGB REIT Management Sdn Bhd, the Manager of IGBCR as payment of management fees, as detailed below:

Period Management Fees Issue Price per unit# Units to be issued
1 October 2023 to 31 December 2023 ("4Q23")

Base Fee @ 0.3% per annum (“p.a.”) of Total Asset Value (excluding cash and cash balances which are held in non-interest bearing accounts)

RM2,507,496 RM0.493 5,086,198
Performance Fee @ 5% p.a. of Net Property Income RM1,643,238 RM0.493 3,333,140
Total RM4,150,734 8,419,338
06/02/2024 5:58 PM
smartly why is the management fees & performance fee is so expensive (RM4,150,734) compare with other reits ?
06/02/2024 6:00 PM
sweetswag Dividend received today ☺️
29/02/2024 4:44 PM


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