Stock Name: IJM
Company Name: IJM CORPORATION BHD
Company Name: IJM CORPORATION BHD
| Research House: MIDF | Price Call: HOLD | Target Price: 7.30 |
Showing posts with label IJM. Show all posts
Showing posts with label IJM. Show all posts
June 17, 2015
April 22, 2015
Creating value in The Light
Stock Name: IJM
Company Name: IJM CORPORATION BHD
Company Name: IJM CORPORATION BHD
| Research House: MIDF | Price Call: HOLD | Target Price: 7.35 |
April 3, 2015
01QCY15 Contract Awards Stats
Stock Name: IJM
Company Name: IJM CORPORATION BHD
Company Name: IJM CORPORATION BHD
| Research House: MIDF | Price Call: BUY | Target Price: 7.50 |
March 2, 2015
Stronger earnings trajectory ahead
Stock Name: IJM
Company Name: IJM CORPORATION BHD
Company Name: IJM CORPORATION BHD
| Research House: MIDF | Price Call: BUY | Target Price: 7.50 |
Sizeable Construction Order Book in Hand
Stock Name: IJM
Company Name: IJM CORPORATION BHD
Company Name: IJM CORPORATION BHD
| Research House: TA | Price Call: HOLD | Target Price: 7.79 |
January 5, 2015
Secured RM539mn Construction Job in Johor Bahru
Stock Name: IJM
Company Name: IJM CORPORATION BHD
Company Name: IJM CORPORATION BHD
| Research House: TA | Price Call: SELL | Target Price: 6.61 |
December 15, 2014
Official appointment as WCE main contractor
Stock Name: IJM
Company Name: IJM CORPORATION BHD
Company Name: IJM CORPORATION BHD
| Research House: MIDF | Price Call: BUY | Target Price: 7.20 |
Slew of positive news flow with WCE in the bag
Stock Name: IJM
Company Name: IJM CORPORATION BHD
Company Name: IJM CORPORATION BHD
| Research House: JF APEX | Price Call: BUY | Target Price: 7.66 |
Flag Off West Coast Expressway
Stock Name: IJM
Company Name: IJM CORPORATION BHD
Company Name: IJM CORPORATION BHD
| Research House: TA | Price Call: SELL | Target Price: 6.61 |
October 20, 2014
Some setbacks in the acquisition of Silk Highway
Stock Name: IJM
Company Name: IJM CORPORATION BHD
Company Name: IJM CORPORATION BHD
| Research House: TA | Price Call: HOLD | Target Price: 7.17 |
June 10, 2014
IJM Corp - Privatisation of IJM Land
Stock Name: IJM
Company Name: IJM CORPORATION BHD
Company Name: IJM CORPORATION BHD
| Research House: MIDF | Price Call: HOLD | Target Price: 7.26 |
IJM - Privatising IJM Land
Stock Name: IJM
Company Name: IJM CORPORATION BHD
Company Name: IJM CORPORATION BHD
| Research House: TA | Price Call: SELL | Target Price: 7.17 |
April 22, 2014
IJM - Secures a RM396mn Building Construction Job
Stock Name: IJM
Company Name: IJM CORPORATION BHD
Company Name: IJM CORPORATION BHD
| Research House: TA | Price Call: HOLD | Target Price: 6.82 |
IJM Corp - Secured commercial dev job
Stock Name: IJM
Company Name: IJM CORPORATION BHD
Company Name: IJM CORPORATION BHD
| Research House: MIDF | Price Call: BUY | Target Price: 6.90 |
November 1, 2013
IJM Corp - First contract in FY14
Stock Name: IJM
Company Name: IJM CORPORATION BHD
Company Name: IJM CORPORATION BHD
| Research House: MIDF | Price Call: BUY | Target Price: 6.35 |
September 10, 2013
IJM Corp - Leveraging on Guangxi’s expertise and client base
Stock Name: IJM
Company Name: IJM CORPORATION BHD
Company Name: IJM CORPORATION BHD
| Research House: MIDF | Price Call: BUY | Target Price: 6.35 |
IJM - Partial Disposal of Kuantan Port Consortium
Stock Name: IJM
Company Name: IJM CORPORATION BHD
Company Name: IJM CORPORATION BHD
| Research House: TA | Price Call: HOLD | Target Price: 6.08 |
July 22, 2013
IJM Corp - Proposal to unlock value of highway concessions
Stock Name: IJM
Company Name: IJM CORPORATION BHD
Company Name: IJM CORPORATION BHD
| Research House: MIDF | Price Call: BUY | Target Price: 6.63 |
July 10, 2013
IJM Corp - Stake in KEURO diluted
Stock Name: IJM
Company Name: IJM CORPORATION BHD
Company Name: IJM CORPORATION BHD
| Research House: MIDF | Price Call: BUY | Target Price: 6.63 |
May 10, 2013
'2013, a recovery year for IJM Corp'
Stock Name: IJM
Company Name: IJM CORPORATION BHD
This year will be a recovery year for IJM Corp Bhd's construction division, especially with the general election out of the way, says CIMB Research.
The research house expects a better performance this year by the division, led by a pick-up in progress billings of existing jobs other than My Rapid Transit (MRT) package V5, which has yet to reach 10 per cent physical progress.
"We expect construction's seven per cent pre-tax margin to be sustainable in the coming quarters," it said in a research note today.
Apart from improving fundamentals, potential medium-term catalysts are an award of the West Coast Expressway contract and pre-qualification rounds for MRT new lines.
"We expect sentiments on the stock to improve further as investors switch to high-beta cyclical stocks," it added.
CIMB Research has upgraded its rating on IJM Corp to 'outperform' with a revised target price of RM6.74 from RM5.27 previously.-- Bernama
Company Name: IJM CORPORATION BHD
| Research House: CIMB | Price Call: BUY | Target Price: 6.74 |
This year will be a recovery year for IJM Corp Bhd's construction division, especially with the general election out of the way, says CIMB Research.
The research house expects a better performance this year by the division, led by a pick-up in progress billings of existing jobs other than My Rapid Transit (MRT) package V5, which has yet to reach 10 per cent physical progress.
"We expect construction's seven per cent pre-tax margin to be sustainable in the coming quarters," it said in a research note today.
Apart from improving fundamentals, potential medium-term catalysts are an award of the West Coast Expressway contract and pre-qualification rounds for MRT new lines.
"We expect sentiments on the stock to improve further as investors switch to high-beta cyclical stocks," it added.
CIMB Research has upgraded its rating on IJM Corp to 'outperform' with a revised target price of RM6.74 from RM5.27 previously.-- Bernama
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