|
| |
Additional Listing Hints : Click here to modify the Visible Columns.
  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. 25/09/2024 9:55 AM 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 25/09/2024 11:48 AM GemSeekers somemore with the revival of forest city , outlook of ITMAX is superb 25/09/2024 11:49 AM klee One of the best johor themed stock well connected to be able to sapu 4 johor councils parking sky is limit.... 27/09/2024 12:44 PM 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 07/10/2024 6:59 AM 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. 08/10/2024 10:37 AM 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. 08/10/2024 10:38 AM 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/ 09/10/2024 8:44 AM GemSeekers no doubt CCTV video surveillance , smart LED lighting is poised to grow significantly to become smart city . 09/10/2024 9:36 AM 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 . 09/10/2024 10:21 AM GemSeekers that why 6% transaction for the price 3.40 , is a wild card now. something great must be on the way . 09/10/2024 10:49 AM 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 10/10/2024 3:44 PM troy88 Still one of the very few tech stocks in bursa that is resilient when the others mostly dumped like toilet paper.. 16/10/2024 9:37 AM kelvinsia39 What is happening today? The stock performance is not updated today - something wrong with the investor i3 system? 17/10/2024 9:01 PM 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. 21/10/2024 4:18 PM 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 04/11/2024 9:59 AM treasure_hunter https://www.nst.com.my/news/nation/2024/11/1132338/forest-citys-ai-powered-customs-complex-curb-smuggling ITMax is having a piece of pie from it 28/11/2024 9:05 AM  Michael Kwok My messages to investors No buy,wednesday,thursday and fri on other stocks 15/1/25 11.55am 15/01/2025 11:54 AM AlphaAdventurer Itmax System bags sixth smart parking system contract in Johor ! https://www.nst.com.my/business/corporate/2025/02/1170848/itmax-system-bags-sixth-smart-parking-system-contract-johor 07/02/2025 12:34 PM troy88 Still one of the few most resilient tech stock in bursa. Thanks for the profits Itmax. 14/02/2025 9:19 AM 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? 17/02/2025 9:58 AM 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 03/03/2025 4:44 PM troy88 Looks like Itmax is probably still the most resilient tech stock in bursa when others meltdown like no tomorrow. 04/03/2025 11:46 AM 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. 05/03/2025 5:09 PM AlphaAdventurer Not more jobs in Johor? https://www.nst.com.my/business/corporate/2025/03/1190678/hlib-upholds-buy-rating-itmax-anticipating-more-jobs-penang 20/03/2025 4:14 PM AlphaAdventurer ITMAX clinches AI CCTV job in Pengerang https://www.thestar.com.my/business/business-news/2025/03/27/itmax-clinches-ai-cctv-job-in-pengerang 02/04/2025 7:03 PM 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 01/06/2025 2:38 PM  |
|
