Analysts still bullish on IOI Properties’ prospects


Visitors checking out the Cypress Villa by IOI Properties at StarProperty.my Fair 2019 in Queensbay Mall. (The Star/Filepic)

PETALING JAYA: Analysts continue to be bullish on IOI Properties Group Bhd’s prospects despite the sluggish property sector at home.

The stock, which continues to trade at a heavy discount to its net tangible assets (NTA) per share of RM3.40 is rated a buy at MIDF Research and RHB Research as the company had exposures to property developments overseas.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

IOI Properties , analysts , bullish , prospects ,

   

Next In Business News

Trade showing remains on upward trajectory
Maxis pledges full support to government’s 5G delivery model
Fajarbaru Builder secures RM13mil job
MKH Oil Palm IPO oversubscribed
The pros and cons of earned wage access
Making every load lighter
Making the Malaysian startup pitch
How Sin-Kung leveraged air cargo for its success
Domestic office-sector REITs stay cautious
‘Muted optimism’

Others Also Read