IWCITY 1589
GOOD ASSETS

IWCITY 1589 Share Price

PREVCLOSECHANGEHIGHCLOSE
0.455----

VOLUMEBUY VOLBUYSELLSELL VOL
-3000.4550.460200

(6 customer reviews)
52 Weeks Range : 0.275 - 0.73

5 day volume Average = 3,410,940
20 day volume Average = 4,309,255
90 day volume Average = 5,292,130
Add to wishlistAdded to wishlistRemoved from wishlist 1
Add to compare
5.3/10 (Expert Score)
Product is rated as #45 in category BM Property
Prospective Profit
3.537
Assets
6.322
Dividend/ Cash
3.298
Liquidity
8.038
PROS:
  • High Tangible-to-Price ratio
  • Very High Trading Value
CONS:
  • No Dividend Declared
  • Company in Debt
  • High Gearing Ratio

klse: Iskandar Waterfront City Bhd


Corporate Information

Board   : Main

Shariah : Shariah Compliant

Sector   : Engineering Property Developer Construction

Address: #G 08, Block 8, Danga Bay, Jalan Skudai, Johor Bahru, 80200, Johor

Contact: +607-2333888

Website: https://www.iwcity.com.my/official/
 

Corporate Background

Iskandar Waterfront City Berhad is an investment holding company. The Company provides property development, construction, and property management services. Iskandar Waterfront City also develops residential and commercial properties and is involved in the construction of infrastructure.

Specification: IWCITY 1589

Market Capital (RM) 397, 759, 707
Forecasted Profit or Loss (RM) 15, 186, 361
Estimated Future EPS (sen) 1.814
Perspective P/E ratio 26.192
Estimated Dividend Yield (%) 0
Adjusted NTA (RM) 0.96

Result

Quarter Report History

Date Revenue,k PBT,k Net Profit,k
25/11/20 9,598 -2,834 -3,677
26/08/20 59,825 22,815 12,658
25/06/20 19,174 -7,258 -6,493
27/02/20 43,589 2,656 355
27/11/19 67,809 -4,565 -2,856
28/08/19 72,447 953 -519
30/05/19 35,482 -1,236 -1,766
27/02/19 52,708 1,279 1,573
28/02/18 25,427 -3,596 14,822
28/11/18 18,674 158 449
29/08/18 17,953 -10,698 -9,441
31/05/18 32,067 1,216 815

Fundamental

Fundamental Analysis

Last 4 Quarter Revenue (RM’000) 132,186
Last 4 Quarter Net Profit (RM’000) 2,843
Last 4 Quarter EPS (sen) 0.33
Last 4 Quarter PER 139.91
Last 4 Quarter Dividend (sen)
Last 4 Quarter Dividend Yield (%)
Net Tangible Assets (RM) 0.96
Goodwill (RM) 0
Cash (RM’000) 51,560
Debt (RM’000) 212,320
Total Debt (RM’000) 1,080,000
Net Assets (RM’000) 804,570
Current Ratio 1.82
Quick Ratio 0.53
Cash Ratio 0.04

Technical

Technical Analysis

MACD (26 vs 12) -0.003
Exponential Moving Average 5 0.466
Exponential Moving Average 20 0.467
Exponential Moving Average 90 0.499
Relative Strength Index 14 0.50
Stochastic %D 3 0.36
Stochastic %K 14 0.29

6 reviews for IWCITY 1589

2.8 out of 5
1
0
4
2
1
Write a review
Show all Most Helpful Highest Rating Lowest Rating
  1. Avatar

    The Edge

    Ekovest Bhd and Iskandar Waterfront City Bhd declined during the first half of the trading day, amid news that the Kuala Lumpur-Singapore High Speed Rail (HSR) will be terminated, as both countries could not reach an agreement. In a joint statement on Friday, Prime Minister Tan Sri Muhyiddin Yassin and Singapore’s Prime Minister Lee Hsien Loong announced that both parties could not reach an agreement on the HSR, due to several changes proposed by the Malaysian government.

    Helpful(0) Unhelpful(0)You have already voted this
  2. Avatar

    The Edge

    Shares in property and construction counters surged today in an apparent reaction to the progression of the Kuala Lumpur-Singapore High Speed Rail (HSR) project amid talks between Malaysia and Singapore leaders about the megaproject with details expected to be announced this month. Bursa Malaysia’s Property index rose as much as 2.3% to a near nine-month high of 687.01 while the Construction index surged as high as 1.48% to an almost six-month high of 179.92 this morning. Property tycoon Tan Sri Lim Kang Hoo-controlled Iskandar Waterfront City Bhd (IWCity) and Ekovest Bhd climbed today, with IWcity rising two sen or 3.74% to 55.5 sen, while Ekovest went up three sen or 5.66% to 56 sen.

    Helpful(0) Unhelpful(0)You have already voted this
  3. Avatar

    BURSA MALAYSIA

    The Group’s revenue of RM59.8 million in the current quarter was RM40.7 million or 212% higher when compared to preceding quarter ended 31 March 2020 of RM19.2 million, due to higher percentage of work done and progress billings recorded in the current quarter.

    Helpful(0) Unhelpful(0)You have already voted this
  4. Avatar

    REMUNERATION STUDY

    In Financial Year End 2019, the directors’ remuneration was 1.31 million. It was fair compared to average in listed companies, considering the employees’ remuneration of 5.8 million and auditor’s remuneration of 180 thousands

    Helpful(0) Unhelpful(0)You have already voted this
  5. Avatar

    BURSA MALAYSIA

    The Group registered lower revenue of RM19.2 million and a loss before tax of RM7.3 million for the current quarter as compared to RM43.3 million and profit of RM1.6 million or the preceding quarter. The outbreak of the COVID-19 pandemic has adversely impacted the results of the current quarter as compared with the better results in December 2019.

    Helpful(0) Unhelpful(0)You have already voted this
  6. Avatar

    INVESTING MALAYSIA

    IWCITY (16 DEC 19) Iskandar Waterfront City Bhd (IWCity) and Ekovest Bhd are back on the radar as their common shareholder Tan Sri Lim Kang Ho is expected to kickstart the Bandar Malaysia project via joint venture IWH-CREC Sdn Bhd.

    Helpful(0) Unhelpful(0)You have already voted this
  7. Avatar

    Investing Malaysia

    Average investing volume for Iskandar Waterfront City Bhd in the past three months in stock market was 15705.9k lots

    Helpful(0) Unhelpful(0)You have already voted this
  8. Avatar

    Investing Malaysia

    IWCITY gets a score of 20.43 in our equity and assets quality test based on current share price of RM0.76

    Helpful(0) Unhelpful(0)You have already voted this
  9. Avatar

    Investing Malaysia

    Iskandar Waterfront City Bhd gets a score of 12.03 in our stability test after the balance sheet, money statement study

    Helpful(0) Unhelpful(0)You have already voted this
  10. Avatar

    Investing Malaysia

    Stock code of 1589 in Bursa Malaysia did not propose any dividend for the past few years

    Helpful(0) Unhelpful(0)You have already voted this
  11. Avatar

    Investing Malaysia

    IWCITY is estimated to have a profit consensus of 17.2 millions, with an adjusted market capitalization of 586.17 millions

    Helpful(0) Unhelpful(0)You have already voted this
  12. Avatar

    REMUNERATION STUDY

    In Financial Year End 2018, the directors’ remuneration was 1.32 million. It was fair compared to average in listed companies, considering the employees’ remuneration of 5.5 million and auditor’s remuneration of 180 thousands

    Helpful(0) Unhelpful(0)You have already voted this

    Add a review

    Your email address will not be published.

    IWCITY 1589

    PREVCLOSECHANGEHIGHCLOSE
    0.455----

    VOLUMEBUY VOLBUYSELLSELL VOL
    -3000.4550.460200

    klse share price, target price, profit PER estimation
    Register New Account
    Name (required)
    Reset Password
    Compare items
    • Total (0)
    Compare