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IGB Bhd
Buy, Hold or Sell?

Let's analyse IGB Bhd together

PenkeI guess you are interested in IGB Bhd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of IGB Bhd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of IGB Bhd (30 sec.)










What can you expect buying and holding a share of IGB Bhd? (30 sec.)

How much money do you get?

How much money do you get?
RM0.01
When do you have the money?
1 year
How often do you get paid?
60.0%

What is your share worth?

Current worth
RM3.13
Expected worth in 1 year
RM3.45
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
RM0.36
Return On Investment
14.8%

For what price can you sell your share?

Current Price per Share
RM2.43
Expected price per share
RM2.28 - RM1.9702
How sure are you?
50%

1. Valuation of IGB Bhd (5 min.)




Live pricePrice per Share (EOD)

RM2.43

Intrinsic Value Per Share

RM2.57 - RM3.00

Total Value Per Share

RM5.70 - RM6.13

2. Growth of IGB Bhd (5 min.)




Is IGB Bhd growing?

Current yearPrevious yearGrowGrow %
How rich?$891.5m$805m$28.3m3.4%

How much money is IGB Bhd making?

Current yearPrevious yearGrowGrow %
Making money$12.9m$19.7m-$6.8m-52.8%
Net Profit Margin15.8%31.0%--

How much money comes from the company's main activities?

3. Financial Health of IGB Bhd (5 min.)




4. Comparing to competitors in the Real Estate Services industry (5 min.)




  Industry Rankings (Real Estate Services)  

What can you expect buying and holding a share of IGB Bhd? (5 min.)

Welcome investor! IGB Bhd's management wants to use your money to grow the business. In return you get a share of IGB Bhd.

What can you expect buying and holding a share of IGB Bhd?

First you should know what it really means to hold a share of IGB Bhd. And how you can make/lose money.

Speculation

The Price per Share of IGB Bhd is RM2.43. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of IGB Bhd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in IGB Bhd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is RM3.13. Based on the TTM, the Book Value Change Per Share is RM0.08 per quarter. Based on the YOY, the Book Value Change Per Share is RM0.01 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is RM0.01 per quarter.
Based on historical numbers we can estimate the returns while holding a share of IGB Bhd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 RM% of Price per ShareRM% of Price per ShareRM% of Price per ShareRM% of Price per ShareRM% of Price per Share
Usd Eps0.010.4%0.010.4%0.010.6%0.010.2%0.010.2%
Usd Book Value Change Per Share0.041.6%0.020.7%0.000.1%0.010.2%0.031.4%
Usd Dividend Per Share0.000.0%0.000.1%0.010.4%0.000.1%0.000.1%
Usd Total Gains Per Share0.041.6%0.020.8%0.010.5%0.010.4%0.041.5%
Usd Price Per Share0.45-0.50-0.46-0.52-0.51-
Price to Earnings Ratio12.38-19.71-13.07--9.44--1.57-
Price-to-Total Gains Ratio11.48-62.34-9.94-81.66-65.68-
Price to Book Ratio0.68-0.82-0.78-0.88-0.87-
Price-to-Total Gains Ratio11.48-62.34-9.94-81.66-65.68-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.513702
Number of shares1946
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.020.01
Usd Total Gains Per Share0.020.01
Gains per Quarter (1946 shares)36.9716.92
Gains per Year (1946 shares)147.8767.69
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
114134138264258
2272682865283126
34140243478125194
455537582105166262
569671730131208330
682805878157249398
7969391026183291466
811010731174209332534
912312071322235374602
1013713421470262415670

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%8.04.00.066.7%11.05.00.068.8%15.05.00.075.0%15.05.00.075.0%
Book Value Change Per Share3.01.00.075.0%9.03.00.075.0%11.05.00.068.8%14.06.00.070.0%14.06.00.070.0%
Dividend per Share1.00.03.025.0%9.00.03.075.0%12.00.04.075.0%12.00.08.060.0%12.00.08.060.0%
Total Gains per Share4.00.00.0100.0%10.02.00.083.3%13.03.00.081.3%16.04.00.080.0%16.04.00.080.0%

Fundamentals of IGB Bhd

About IGB Bhd

IGB Berhad, an investment holding company, engages in property investment, development, and management businesses in Malaysia. The company operates through five segments: Property Investment"Retail, Property Investment"Commercial, Property Development, Hotel, and Construction. It operates retail malls and office buildings; develops and sells condominiums, bungalows, linked houses, shop lots, and office suites; constructs civil and building projects; operates hotels; and provides education, and information and communication technology services, as well as sells and distributes utilities. The company is also involved in the integrated healthcare and wellness; aquaculture operation; food and beverage operation; leasing auditorium space for performing arts; research and development of automated facilities management solution system; management of real estate investment trust; and trading of building materials, as well as the management, operation, and maintenance of wastewater treatment plants. In addition, it offers money lending services; engineering and consultancy services for pure water and wastewater treatment plants, and related services; and management, building and maintenance, project management, and exhibition services. The company was formerly known as Goldis Berhad. IGB Berhad was incorporated in 2000 and is based in Kuala Lumpur, Malaysia.

Fundamental data was last updated by Penke on 2024-03-08 04:32:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of IGB Bhd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit IGB Bhd earns for each RM1 of revenue.

  • Above 10% is considered healthy but always compare IGB Bhd to the Real Estate Services industry mean.
  • A Net Profit Margin of 14.7% means that RM0.15 for each RM1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of IGB Bhd:

  • The MRQ is 14.7%. The company is making a huge profit. +2
  • The TTM is 15.8%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ14.7%TTM15.8%-1.1%
TTM15.8%YOY31.0%-15.3%
TTM15.8%5Y10.4%+5.4%
5Y10.4%10Y10.0%+0.3%
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ14.7%5.2%+9.5%
TTM15.8%3.4%+12.4%
YOY31.0%12.2%+18.8%
5Y10.4%9.9%+0.5%
10Y10.0%12.4%-2.4%
1.1.2. Return on Assets

Shows how efficient IGB Bhd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare IGB Bhd to the Real Estate Services industry mean.
  • 0.6% Return on Assets means that IGB Bhd generated RM0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of IGB Bhd:

  • The MRQ is 0.6%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.7%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.6%TTM0.7%0.0%
TTM0.7%YOY1.0%-0.4%
TTM0.7%5Y0.4%+0.2%
5Y0.4%10Y0.4%+0.0%
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6%0.4%+0.2%
TTM0.7%0.4%+0.3%
YOY1.0%1.1%-0.1%
5Y0.4%1.0%-0.6%
10Y0.4%1.2%-0.8%
1.1.3. Return on Equity

Shows how efficient IGB Bhd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare IGB Bhd to the Real Estate Services industry mean.
  • 1.4% Return on Equity means IGB Bhd generated RM0.01 for each RM1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of IGB Bhd:

  • The MRQ is 1.4%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.6%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.4%TTM1.6%-0.1%
TTM1.6%YOY2.4%-0.9%
TTM1.6%5Y1.0%+0.6%
5Y1.0%10Y0.8%+0.2%
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4%1.0%+0.4%
TTM1.6%0.8%+0.8%
YOY2.4%2.2%+0.2%
5Y1.0%2.0%-1.0%
10Y0.8%2.7%-1.9%

1.2. Operating Efficiency of IGB Bhd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient IGB Bhd is operating .

  • Measures how much profit IGB Bhd makes for each RM1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare IGB Bhd to the Real Estate Services industry mean.
  • An Operating Margin of 0.0% means the company generated RM0.00  for each RM1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of IGB Bhd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM37.0%-37.0%
TTM37.0%YOY9.3%+27.7%
TTM37.0%5Y20.3%+16.8%
5Y20.3%10Y22.6%-2.3%
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-16.8%-16.8%
TTM37.0%10.8%+26.2%
YOY9.3%17.9%-8.6%
5Y20.3%17.4%+2.9%
10Y22.6%16.3%+6.3%
1.2.2. Operating Ratio

Measures how efficient IGB Bhd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Real Estate Services industry mean).
  • An Operation Ratio of 1.03 means that the operating costs are RM1.03 for each RM1 in net sales.

Let's take a look of the Operating Ratio trends of IGB Bhd:

  • The MRQ is 1.032. The company is inefficient in keeping operating costs low. -1
  • The TTM is 0.982. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ1.032TTM0.982+0.049
TTM0.982YOY1.071-0.088
TTM0.9825Y1.138-0.155
5Y1.13810Y1.148-0.011
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0321.065-0.033
TTM0.9821.092-0.110
YOY1.0711.060+0.011
5Y1.1381.074+0.064
10Y1.1481.005+0.143

1.3. Liquidity of IGB Bhd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if IGB Bhd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Real Estate Services industry mean).
  • A Current Ratio of 3.43 means the company has RM3.43 in assets for each RM1 in short-term debts.

Let's take a look of the Current Ratio trends of IGB Bhd:

  • The MRQ is 3.428. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.092. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.428TTM3.092+0.336
TTM3.092YOY1.348+1.745
TTM3.0925Y1.584+1.509
5Y1.58410Y1.487+0.097
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ3.4281.574+1.854
TTM3.0921.563+1.529
YOY1.3481.603-0.255
5Y1.5841.791-0.207
10Y1.4871.738-0.251
1.3.2. Quick Ratio

Measures if IGB Bhd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare IGB Bhd to the Real Estate Services industry mean.
  • A Quick Ratio of 0.62 means the company can pay off RM0.62 for each RM1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of IGB Bhd:

  • The MRQ is 0.623. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 1.876. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ0.623TTM1.876-1.253
TTM1.876YOY0.985+0.892
TTM1.8765Y0.938+0.938
5Y0.93810Y0.847+0.091
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6230.499+0.124
TTM1.8760.543+1.333
YOY0.9850.906+0.079
5Y0.9380.993-0.055
10Y0.8470.938-0.091

1.4. Solvency of IGB Bhd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of IGB Bhd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare IGB Bhd to Real Estate Services industry mean.
  • A Debt to Asset Ratio of 0.54 means that IGB Bhd assets are financed with 53.6% credit (debt) and the remaining percentage (100% - 53.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of IGB Bhd:

  • The MRQ is 0.536. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.563. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.536TTM0.563-0.027
TTM0.563YOY0.578-0.015
TTM0.5635Y0.574-0.011
5Y0.57410Y0.570+0.004
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5360.514+0.022
TTM0.5630.523+0.040
YOY0.5780.512+0.066
5Y0.5740.527+0.047
10Y0.5700.525+0.045
1.4.2. Debt to Equity Ratio

Measures if IGB Bhd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare IGB Bhd to the Real Estate Services industry mean.
  • A Debt to Equity ratio of 121.3% means that company has RM1.21 debt for each RM1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of IGB Bhd:

  • The MRQ is 1.213. The company is able to pay all its debts with equity. +1
  • The TTM is 1.306. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.213TTM1.306-0.093
TTM1.306YOY1.371-0.065
TTM1.3065Y1.361-0.055
5Y1.36110Y1.088+0.272
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2131.038+0.175
TTM1.3061.059+0.247
YOY1.3711.042+0.329
5Y1.3611.159+0.202
10Y1.0881.268-0.180

2. Market Valuation of IGB Bhd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every RM1 in earnings IGB Bhd generates.

  • Above 15 is considered overpriced but always compare IGB Bhd to the Real Estate Services industry mean.
  • A PE ratio of 12.38 means the investor is paying RM12.38 for every RM1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of IGB Bhd:

  • The EOD is 14.123. Based on the earnings, the company is underpriced. +1
  • The MRQ is 12.379. Based on the earnings, the company is underpriced. +1
  • The TTM is 19.710. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD14.123MRQ12.379+1.744
MRQ12.379TTM19.710-7.331
TTM19.710YOY13.073+6.637
TTM19.7105Y-9.441+29.152
5Y-9.44110Y-1.570-7.871
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
EOD14.1234.400+9.723
MRQ12.3795.443+6.936
TTM19.7106.224+13.486
YOY13.0737.696+5.377
5Y-9.4418.968-18.409
10Y-1.5709.990-11.560
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of IGB Bhd:

  • The EOD is 8.376. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 7.342. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 10.166. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD8.376MRQ7.342+1.034
MRQ7.342TTM10.166-2.823
TTM10.166YOY-15.495+25.660
TTM10.1665Y-39.753+49.919
5Y-39.75310Y-31.115-8.639
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
EOD8.3765.291+3.085
MRQ7.3425.800+1.542
TTM10.1664.261+5.905
YOY-15.4956.169-21.664
5Y-39.7534.607-44.360
10Y-31.1154.773-35.888
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of IGB Bhd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Real Estate Services industry mean).
  • A PB ratio of 0.68 means the investor is paying RM0.68 for each RM1 in book value.

Let's take a look of the Price to Book Ratio trends of IGB Bhd:

  • The EOD is 0.777. Based on the equity, the company is cheap. +2
  • The MRQ is 0.681. Based on the equity, the company is cheap. +2
  • The TTM is 0.822. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.777MRQ0.681+0.096
MRQ0.681TTM0.822-0.141
TTM0.822YOY0.778+0.044
TTM0.8225Y0.875-0.053
5Y0.87510Y0.872+0.003
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
EOD0.7770.727+0.050
MRQ0.6810.844-0.163
TTM0.8220.841-0.019
YOY0.7781.027-0.249
5Y0.8751.066-0.191
10Y0.8721.184-0.312
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of IGB Bhd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.1860.082+128%0.009+2052%0.025+635%0.156+19%
Book Value Per Share--3.1262.920+7%2.824+11%2.799+12%2.782+12%
Current Ratio--3.4283.092+11%1.348+154%1.584+116%1.487+131%
Debt To Asset Ratio--0.5360.563-5%0.578-7%0.574-7%0.570-6%
Debt To Equity Ratio--1.2131.306-7%1.371-11%1.361-11%1.088+11%
Dividend Per Share---0.008-100%0.044-100%0.016-100%0.013-100%
Eps--0.0430.045-5%0.069-38%0.029+51%0.027+61%
Free Cash Flow Per Share--0.0730.066+11%0.041+78%0.043+70%0.024+196%
Free Cash Flow To Equity Per Share--0.0730.003+2198%-0.050+169%0.022+227%0.003+2041%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--3.004--------
Intrinsic Value_10Y_min--2.572--------
Intrinsic Value_1Y_max--0.227--------
Intrinsic Value_1Y_min--0.223--------
Intrinsic Value_3Y_max--0.739--------
Intrinsic Value_3Y_min--0.704--------
Intrinsic Value_5Y_max--1.318--------
Intrinsic Value_5Y_min--1.219--------
Market Cap3274109061.120+12%2873489895.5703223613173.543-11%2963587740.000-3%3290852777.800-13%3260320845.037-12%
Net Profit Margin--0.1470.158-7%0.310-53%0.104+42%0.100+47%
Operating Margin---0.370-100%0.093-100%0.203-100%0.226-100%
Operating Ratio--1.0320.982+5%1.071-4%1.138-9%1.148-10%
Pb Ratio0.777+12%0.6810.822-17%0.778-12%0.875-22%0.872-22%
Pe Ratio14.123+12%12.37919.710-37%13.073-5%-9.441+176%-1.570+113%
Price Per Share2.430+12%2.1302.388-11%2.198-3%2.441-13%2.418-12%
Price To Free Cash Flow Ratio8.376+12%7.34210.166-28%-15.495+311%-39.753+641%-31.115+524%
Price To Total Gains Ratio13.098+12%11.48162.341-82%9.940+16%81.656-86%65.681-83%
Quick Ratio--0.6231.876-67%0.985-37%0.938-34%0.847-26%
Return On Assets--0.0060.007-6%0.010-38%0.004+49%0.004+57%
Return On Equity--0.0140.016-7%0.024-41%0.010+45%0.008+81%
Total Gains Per Share--0.1860.090+106%0.053+252%0.041+351%0.169+10%
Usd Book Value--891558782.800833485247.350+7%805085929.900+11%797718798.450+12%792782428.760+12%
Usd Book Value Change Per Share--0.0390.017+128%0.002+2052%0.005+635%0.033+19%
Usd Book Value Per Share--0.6610.617+7%0.597+11%0.592+12%0.588+12%
Usd Dividend Per Share---0.002-100%0.009-100%0.003-100%0.003-100%
Usd Eps--0.0090.010-5%0.015-38%0.006+51%0.006+61%
Usd Free Cash Flow--20683587.40018706151.800+11%11607234.100+78%11402295.013+81%6637886.010+212%
Usd Free Cash Flow Per Share--0.0150.014+11%0.009+78%0.009+70%0.005+196%
Usd Free Cash Flow To Equity Per Share--0.0150.001+2198%-0.011+169%0.005+227%0.001+2041%
Usd Market Cap692146655.521+12%607455763.923681471824.887-11%626502448.236-3%695686277.227-13%689231826.641-12%
Usd Price Per Share0.514+12%0.4500.505-11%0.465-3%0.516-13%0.511-12%
Usd Profit--12267542.00012943440.650-5%19771872.050-38%8142229.550+51%7634203.640+61%
Usd Revenue--83523083.00082265992.900+2%63870493.400+31%63848626.713+31%63963731.370+31%
Usd Total Gains Per Share--0.0390.019+106%0.011+252%0.009+351%0.036+10%
 EOD+4 -4MRQTTM+20 -15YOY+21 -145Y+25 -1010Y+24 -11

3.2. Fundamental Score

Let's check the fundamental score of IGB Bhd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1514.123
Price to Book Ratio (EOD)Between0-10.777
Net Profit Margin (MRQ)Greater than00.147
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.623
Current Ratio (MRQ)Greater than13.428
Debt to Asset Ratio (MRQ)Less than10.536
Debt to Equity Ratio (MRQ)Less than11.213
Return on Equity (MRQ)Greater than0.150.014
Return on Assets (MRQ)Greater than0.050.006
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of IGB Bhd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.723
Ma 20Greater thanMa 502.427
Ma 50Greater thanMa 1002.359
Ma 100Greater thanMa 2002.313
OpenGreater thanClose2.430
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in MYR. All numbers in thousands.

Summary
Total Assets9,082,479
Total Liabilities4,865,077
Total Stockholder Equity4,010,325
 As reported
Total Liabilities 4,865,077
Total Stockholder Equity+ 4,010,325
Total Assets = 9,082,479

Assets

Total Assets9,082,479
Total Current Assets2,536,449
Long-term Assets6,546,030
Total Current Assets
Cash And Cash Equivalents 1,475,678
Net Receivables 460,744
Inventory 579,772
Total Current Assets  (as reported)2,536,449
Total Current Assets  (calculated)2,516,194
+/- 20,255
Long-term Assets
Property Plant Equipment 1,487,650
Long-term Assets Other 455,870
Long-term Assets  (as reported)6,546,030
Long-term Assets  (calculated)1,943,520
+/- 4,602,510

Liabilities & Shareholders' Equity

Total Current Liabilities739,909
Long-term Liabilities4,125,168
Total Stockholder Equity4,010,325
Total Current Liabilities
Short Long Term Debt 113,808
Accounts payable 599,071
Total Current Liabilities  (as reported)739,909
Total Current Liabilities  (calculated)712,879
+/- 27,030
Long-term Liabilities
Long term Debt 3,947,431
Long-term Liabilities  (as reported)4,125,168
Long-term Liabilities  (calculated)3,947,431
+/- 177,737
Total Stockholder Equity
Retained Earnings 2,583,746
Total Stockholder Equity (as reported)4,010,325
Total Stockholder Equity (calculated)2,583,746
+/- 1,426,579
Other
Capital Stock1,394,110
Common Stock Shares Outstanding 1,349,056
Net Debt 2,585,561
Net Invested Capital 8,071,564
Net Working Capital 1,796,540



Balance Sheet

Currency in MYR. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312016-03-312015-12-312015-09-302015-06-30
> Total Assets 
8,196,000
8,181,000
8,269,000
8,044,000
8,607,814
8,649,050
8,540,156
8,553,352
8,584,839
8,567,433
8,561,633
9,463,860
9,117,930
9,017,362
8,926,048
9,049,931
8,929,436
8,973,595
9,084,335
9,082,479
9,082,4799,084,3358,973,5958,929,4369,049,9318,926,0489,017,3629,117,9309,463,8608,561,6338,567,4338,584,8398,553,3528,540,1568,649,0508,607,8148,044,0008,269,0008,181,0008,196,000
   > Total Current Assets 
2,007,000
1,893,000
1,938,000
1,809,000
1,627,161
1,663,802
1,580,552
1,614,746
1,541,178
1,503,759
1,517,754
2,325,510
2,150,605
2,075,856
2,040,950
2,182,154
2,338,618
2,424,242
2,521,888
2,536,449
2,536,4492,521,8882,424,2422,338,6182,182,1542,040,9502,075,8562,150,6052,325,5101,517,7541,503,7591,541,1781,614,7461,580,5521,663,8021,627,1611,809,0001,938,0001,893,0002,007,000
       Cash And Cash Equivalents 
724,000
551,000
193,000
494,000
633,999
767,365
674,592
772,734
731,928
736,383
762,529
1,560,204
1,381,122
1,292,180
1,256,750
1,395,051
1,349,313
1,414,398
1,422,620
1,475,678
1,475,6781,422,6201,414,3981,349,3131,395,0511,256,7501,292,1801,381,1221,560,204762,529736,383731,928772,734674,592767,365633,999494,000193,000551,000724,000
       Short-term Investments 
415,000
423,000
945,000
441,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000441,000945,000423,000415,000
       Net Receivables 
309,000
351,000
161,000
284,000
120,237
232,691
258,127
237,968
199,063
218,516
197,996
203,243
186,267
197,062
193,638
232,199
420,145
487,449
514,237
460,744
460,744514,237487,449420,145232,199193,638197,062186,267203,243197,996218,516199,063237,968258,127232,691120,237284,000161,000351,000309,000
       Inventory 
438,000
450,000
473,000
476,000
500,829
490,919
489,416
494,508
511,151
506,750
513,312
516,307
536,220
544,740
551,084
553,372
536,491
518,410
580,984
579,772
579,772580,984518,410536,491553,372551,084544,740536,220516,307513,312506,750511,151494,508489,416490,919500,829476,000473,000450,000438,000
       Other Current Assets 
101,000
96,000
132,000
93,000
0
0
0
0
9,455
8,922
12,392
15,329
12,707
950
1,273
1,532
5,013
3,985
4,047
0
04,0473,9855,0131,5321,27395012,70715,32912,3928,9229,455000093,000132,00096,000101,000
   > Long-term Assets 
0
0
0
0
6,980,653
6,985,248
6,959,604
6,938,606
7,043,661
7,063,674
7,043,879
6,752,224
6,967,325
6,941,506
6,885,098
6,867,777
6,590,818
6,549,353
6,562,447
6,546,030
6,546,0306,562,4476,549,3536,590,8186,867,7776,885,0986,941,5066,967,3256,752,2247,043,8797,063,6747,043,6616,938,6066,959,6046,985,2486,980,6530000
       Property Plant Equipment 
0
0
0
0
0
0
0
0
1,974,403
1,530,363
1,520,846
1,505,861
1,506,761
1,511,803
1,499,611
1,488,836
1,503,486
1,492,941
1,492,804
1,487,650
1,487,6501,492,8041,492,9411,503,4861,488,8361,499,6111,511,8031,506,7611,505,8611,520,8461,530,3631,974,40300000000
       Goodwill 
0
0
33,000
0
14,238
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000014,238033,00000
       Long Term Investments 
926,000
942,000
966,000
892,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000000892,000966,000942,000926,000
       Intangible Assets 
0
0
0
0
-7,903
0
0
0
5,921
5,789
5,657
5,525
5,393
5,269
5,148
5,031
4,914
915
798
0
07989154,9145,0315,1485,2695,3935,5255,6575,7895,921000-7,9030000
       Other Assets 
0
0
0
0
0
0
0
0
43,955
489,722
493,158
878,171
529,098
501,818
503,562
4,788,143
4,508,198
4,488,664
4,466,644
0
04,466,6444,488,6644,508,1984,788,143503,562501,818529,098878,171493,158489,72243,95500000000
> Total Liabilities 
4,573,000
4,531,000
4,583,000
4,376,000
4,896,133
4,940,461
4,878,925
4,884,772
4,973,079
4,927,435
4,917,864
5,737,585
5,276,934
5,172,063
5,165,369
5,263,491
5,169,950
5,148,324
5,115,723
4,865,077
4,865,0775,115,7235,148,3245,169,9505,263,4915,165,3695,172,0635,276,9345,737,5854,917,8644,927,4354,973,0794,884,7724,878,9254,940,4614,896,1334,376,0004,583,0004,531,0004,573,000
   > Total Current Liabilities 
2,569,000
1,505,000
1,662,000
1,521,000
2,162,186
2,512,026
2,475,289
1,679,526
2,382,699
2,343,059
1,354,168
1,079,704
2,120,507
2,019,021
2,032,865
930,965
797,569
830,545
816,088
739,909
739,909816,088830,545797,569930,9652,032,8652,019,0212,120,5071,079,7041,354,1682,343,0592,382,6991,679,5262,475,2892,512,0262,162,1861,521,0001,662,0001,505,0002,569,000
       Short-term Debt 
3,644,000
3,653,000
3,688,000
3,580,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000003,580,0003,688,0003,653,0003,644,000
       Short Long Term Debt 
3,644,000
3,653,000
3,688,000
3,580,000
1,309,978
1,770,382
1,778,021
949,184
1,695,886
1,708,127
723,077
385,467
1,434,584
1,412,643
1,400,398
287,461
125,589
203,814
160,100
113,808
113,808160,100203,814125,589287,4611,400,3981,412,6431,434,584385,467723,0771,708,1271,695,886949,1841,778,0211,770,3821,309,9783,580,0003,688,0003,653,0003,644,000
       Accounts payable 
0
0
145,000
0
285,808
712,239
654,442
674,558
281,171
604,472
597,314
587,077
236,495
572,710
594,902
607,685
102,853
609,419
633,485
599,071
599,071633,485609,419102,853607,685594,902572,710236,495587,077597,314604,472281,171674,558654,442712,239285,8080145,00000
       Other Current Liabilities 
658,000
610,000
347,000
532,000
17,225
6,331
6,331
6,331
6,331
6,715
4,703
4,703
4,703
4,719
0
643,504
483,654
626,731
655,988
0
0655,988626,731483,654643,50404,7194,7034,7034,7036,7156,3316,3316,3316,33117,225532,000347,000610,000658,000
   > Long-term Liabilities 
0
0
0
0
2,733,947
2,428,435
2,403,636
3,205,246
2,528,333
2,526,702
3,515,796
4,348,626
2,874,964
2,879,734
2,875,699
4,072,936
4,135,726
4,075,709
4,096,491
4,125,168
4,125,1684,096,4914,075,7094,135,7264,072,9362,875,6992,879,7342,874,9644,348,6263,515,7962,526,7022,528,3333,205,2462,403,6362,428,4352,733,9470000
       Long term Debt Total 
0
0
0
0
0
0
0
0
2,337,148
2,337,451
3,334,993
4,182,524
2,705,792
2,710,283
2,709,628
3,912,631
3,966,069
3,896,493
3,913,917
0
03,913,9173,896,4933,966,0693,912,6312,709,6282,710,2832,705,7924,182,5243,334,9932,337,4512,337,14800000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
142,472
151,877
161,562
164,903
0
0164,903161,562151,877142,472000000000000000
> Total Stockholder Equity
0
0
0
0
3,614,372
3,601,280
3,590,338
3,596,866
3,611,760
3,639,998
3,643,769
3,726,275
3,840,996
3,845,299
3,760,679
3,786,440
3,759,486
3,825,271
3,968,612
4,010,325
4,010,3253,968,6123,825,2713,759,4863,786,4403,760,6793,845,2993,840,9963,726,2753,643,7693,639,9983,611,7603,596,8663,590,3383,601,2803,614,3720000
   Common Stock
643,000
643,000
643,000
643,000
0
0
0
0
1,338,596
1,338,603
1,393,859
1,393,859
1,393,859
1,394,025
1,394,110
1,394,110
1,394,110
1,394,110
1,394,110
0
01,394,1101,394,1101,394,1101,394,1101,394,1101,394,0251,393,8591,393,8591,393,8591,338,6031,338,5960000643,000643,000643,000643,000
   Retained Earnings Total Equity00000000000000000000
   Accumulated Other Comprehensive Income 00000000000000000000
   Capital Surplus 00000000000000000000
   Treasury Stock0000000-3,310-22,776-17,660-17,660-17,66000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
9,263
11,449
26,014
60,733
0
060,73326,01411,4499,263000000000000000



Balance Sheet

Currency in MYR. All numbers in thousands.




Cash Flow

Currency in MYR. All numbers in thousands.




Income Statement

Currency in MYR. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue1,543,900
Cost of Revenue-703,320
Gross Profit840,580840,580
 
Operating Income (+$)
Gross Profit840,580
Operating Expense-826,795
Operating Income717,10513,785
 
Operating Expense (+$)
Research Development-
Selling General Administrative84,703
Selling And Marketing Expenses-
Operating Expense826,79584,703
 
Net Interest Income (+$)
Interest Income49,771
Interest Expense-194,210
Other Finance Cost-3,203
Net Interest Income-141,236
 
Pretax Income (+$)
Operating Income717,105
Net Interest Income-141,236
Other Non-Operating Income Expenses-
Income Before Tax (EBT)542,867717,105
EBIT - interestExpense = -194,210
244,909
439,119
Interest Expense194,210
Earnings Before Interest and Taxes (EBIT)-737,077
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax542,867
Tax Provision-115,752
Net Income From Continuing Ops427,115427,115
Net Income244,909
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-141,236
 

Technical Analysis of IGB Bhd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of IGB Bhd. The general trend of IGB Bhd is BULLISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine IGB Bhd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (85.7%) Bearish trend (-85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of IGB Bhd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 1.9504 < 1.957 < 1.9702.

The bearish price targets are: 2.4 > 2.3 > 2.28.

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IGB Bhd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of IGB Bhd. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

IGB Bhd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of IGB Bhd. The current macd is 0.03214722.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the IGB Bhd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for IGB Bhd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the IGB Bhd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
IGB Bhd Daily Moving Average Convergence/Divergence (MACD) ChartIGB Bhd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of IGB Bhd. The current adx is 21.26.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell IGB Bhd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
IGB Bhd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of IGB Bhd. The current sar is 2.40931456.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
IGB Bhd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of IGB Bhd. The current rsi is 52.72. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
IGB Bhd Daily Relative Strength Index (RSI) ChartIGB Bhd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of IGB Bhd. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the IGB Bhd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
IGB Bhd Daily Stochastic Oscillator ChartIGB Bhd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of IGB Bhd. The current cci is 13.82.

IGB Bhd Daily Commodity Channel Index (CCI) ChartIGB Bhd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of IGB Bhd. The current cmo is -2.67926717.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
IGB Bhd Daily Chande Momentum Oscillator (CMO) ChartIGB Bhd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of IGB Bhd. The current willr is -63.63636364.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that IGB Bhd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
IGB Bhd Daily Williams %R ChartIGB Bhd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of IGB Bhd.

IGB Bhd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of IGB Bhd. The current atr is 0.03761968.

IGB Bhd Daily Average True Range (ATR) ChartIGB Bhd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of IGB Bhd. The current obv is 2,369,050.

IGB Bhd Daily On-Balance Volume (OBV) ChartIGB Bhd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of IGB Bhd. The current mfi is 76.34.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
IGB Bhd Daily Money Flow Index (MFI) ChartIGB Bhd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for IGB Bhd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-10-31CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-02WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-03STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-07MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-09WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-14MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-15MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-16MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-23ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-30RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-15BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-28MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-29MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-04CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-10CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-19WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-30CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-19CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-26WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-06MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-13MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-21BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).

6.3. Candlestick Patterns

IGB Bhd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of IGB Bhd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.723
Ma 20Greater thanMa 502.427
Ma 50Greater thanMa 1002.359
Ma 100Greater thanMa 2002.313
OpenGreater thanClose2.430
Total4/5 (80.0%)
Penke

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