FAIRLY VALUED
IVORY 5175
RM0.14
52 Weeks Range : 0.115 - 0.205
4.3/10
(Expert Score)
Stock is rated as #61 in category BM Property
Fairly Valued. Reach or higher than intrinsic value.
PROS:
- High Tangible-to-Price ratio
CONS:
- Making Huge Loss
- High Debt Company
- High Gearing Ratio
klse: Ivory Properties Group Bhd
Corporate Information
Board : Main
Shariah : Shariah Compliant
Sector : Construction Property Developer
Address: 81-11-1, Jalan Dato’ Keramat, Georgetown, 10150, Penang
Contact: +604-2108000
Website: https://www.ivory.com.my/
Corporate Background
Ivory Properties Group Bhd. is a property development company. The Company’s project portfolio includes medium to high-end apartments, luxury condominiums, semi-detached and bungalow homes, boutique gated communities, and retail and commercial lots.
Forecast: IVORY 5175
|
Result
Quarter Report History
| Date | Revenue,k | PBT,k | Net Profit,k |
|---|---|---|---|
| 28/08/20 | 2,403 | -7,637 | -7,882 |
| 30/06/20 | 23,440 | -10,574 | -12,573 |
| 28/02/20 | 2,114 | 954 | 920 |
| 22/11/19 | 13,478 | -4,208 | -3,214 |
| 30/08/19 | 23,490 | -4,020 | -4,498 |
| 31/05/19 | 58,237 | 14,251 | 10,702 |
| 22/02/19 | 45,842 | -1,078 | -2,840 |
| 26/11/18 | 29,483 | -3,169 | -4,625 |
| 29/08/18 | 26,996 | -1,956 | -2,769 |
| 31/05/18 | 16,982 | -10,465 | -7,451 |
| 27/02/18 | 35,691 | 11,024 | 6,855 |
| 22/11/17 | 56,051 | 3,015 | 2,328 |
Fundamental
Fundamental Analysis
| Last 4 Quarter Revenue (RM’000) | 41,435 |
|---|---|
| Last 4 Quarter Net Profit (RM’000) | -22,754 |
| Last 4 Quarter EPS (sen) | -4.65 |
| Last 4 Quarter PER | – |
| Last 4 Quarter Dividend (sen) | – |
| Last 4 Quarter Dividend Yield (%) | – |
| Net Tangible Assets (RM) | 0.80 |
| Goodwill (RM) | 3,690 |
| Cash (RM’000) | 23,750 |
| Debt (RM’000) | 0 |
| Total Debt (RM’000) | 81,980 |
| Net Assets (RM’000) | 326,890 |
| Current Ratio | – |
| Quick Ratio | – |
| Cash Ratio | – |
Technical
Technical Analysis
| MACD (26 vs 12) | – |
|---|---|
| Exponential Moving Average 5 | 0.132 |
| Exponential Moving Average 20 | 0.131 |
| Exponential Moving Average 90 | 0.134 |
| Relative Strength Index 14 | 0.67 |
| Stochastic %D 3 | 0.61 |
| Stochastic %K 14 | 0.67 |
7 reviews for IVORY 5175
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BURSA MALAYSIA –
The Group’s revenue declined by 90% to RM2.4 million for the current quarter compared to RM23.4 million in the preceding quarter. The Group’s performance was significantly affected by the Order, which halted the construction activities at all sites. The current quarter’s result of net loss after tax of RM7.9 million is 37% lower than the loss after tax of RM12.6 million reported in the preceding quarter due to one-time written down of inventories and one-time written off of certain development costs.
BURSA MALAYSIA –
Total revenue increased by 1,009% or RM21.3 million to RM23.4 million from RM2.1 million in the immediate preceding quarter due to the derecognition of revenue in the last quarter under MFRS 15. Despite higher revenue, net loss for the current quarter stood at RM12.6 million compared to a net profit of RM0.9 million for the immediate preceding quarter due to a higher share of the joint venture company’s net profit, and the gain on disposal of the investment in the joint venture company.
Investing Malaysia –
Average investing volume for Ivory Properties Group Bhd in the past three months in stock market was 270.2k lots
Investing Malaysia –
IVORY gets a score of 28.27 in our equity and assets quality test based on current share price of RM0.155
Investing Malaysia –
Ivory Properties Group Bhd gets a score of 19.04 in our stability test after the balance sheet, money statement study
Investing Malaysia –
Stock code of 5175 in Bursa Malaysia declared adjusted 2.17% dividend yield in past few years
Investing Malaysia –
IVORY is forecasted to made loss of 5.02 millions, with an adjusted market capitalization of 80.86 millions