皇冠体育寻求亚洲战略合作伙伴,皇冠代理招募中,皇冠平台开放会员注册、充值、提现、电脑版下载、APP下载。

首页社会正文

皇冠登三出租(www.hg108.vip):IJM ‘well-positioned’ for long-term growth

admin2022-09-067

皇冠登三出租www.hg108.vip)是皇冠(正网)接入菜宝钱包的TRC20-USDT支付系统,为皇冠代理提供专业的网上运营管理系统。皇冠登三出租系统实现注册、充值、提现、客服等全自动化功能。采用的USDT匿名支付、阅后即焚的IM客服系统,让皇冠代理的运营更轻松更安全。

IJM Corp logo

PETALING JAYA: IJM Corp Bhd’s strong balance sheet will position the conglomerate for major order book replenishment that will drive its long-term growth, says Maybank Investment Bank (Maybank IB) Research.

In a note to clients, the research house said the catalysts for IJM include major order book wins and positive asset monetisation efforts.

The group is principally involved in construction, property development, manufacturing and quarrying, and infrastructure.

Maybank IB Research maintained a “buy” call on IJM with a higher target price of RM2.14. It believed that IJM’s outstanding construction order book, unbilled property sales and concession assets, which are on post-pandemic recovery, will support the growth prospects.

In construction, the group is targeting RM3bil replenishment jobs for the financial year 2023 (FY23) after having secured RM1.7bil new contracts in FY22.

The research house noted “it will be tendering for industrial building and hospital projects, supported by its recently completed fully automated Industry 4.0 Industrialised Building System (IBS) plant in Kuala Selangor.

“It is also tendering for the Klang Valley Mass Rapid Transit 3 (KVMRT3) main work packages – we believe the project, on private finance initiative (PFI), should not be affected by the government’s austerity drive.”

,

新二皇冠最新手机登录www.99cx.vip)实时更新发布最新最快最有效的新二皇冠最新手机登录网址,包括新2手机网址,新2备用网址,皇冠最新网址,新2足球网址,新2网址大全。

,

IJM’s low net gearing level of 0.25 times as of end-March 2022 will also enable the group to easily fund the initial two years of construction worth at least 10% of the contract value that required of the winning bid for the KVMRT3 main packages, it said.

IJM’s construction outstanding order book stood at RM4.3bil as at the end of FY22 compared with RM4bil as at the end of FY21.

On property, Maybank IB Research noted that IJM is targetting new sales worth RM1.8bil in FY23, which is lower than FY22’s RM2.5bil, as “the group acknowledges demand challenges amid interest rate normalisation by Bank Negara.”

The group will also continue on its asset monetisation efforts, with over RM600mil worth of properties earmarked.

On IJM’s infrastructure business, the research house expects Kuantan Port, which recorded a 15% fall in cargo in FY22, should see recovery with economic activities back to pre-pandemic levels.

Kuantan Port is jointly owned by IJM Corp and Beibu Gulf Holding (Hong Kong) Co Ltd.

Maybank IB Research said it is positive on the longer term cargo prospects that will come from sizable new foreign direct investments in Malaysia-China Kuantan Industrial Park (MCKIP).

“Three new investments being finalised in MCKIP 1 and 2 – Dongguan Jianhui Paper, Bosai Minerals Group and Alliance Steel expansion – could add over 10 million tonnes of throughput for Kuantan Port after they commence operations in 2024-2025.

网友评论

1条评论
  • 2022-09-06 00:16:14

    皇冠信用网www.hg108.vip)是一个开放皇冠信用网即时比分、皇冠信用网开户的平台。皇冠信用网平台(www.hg108.vip)提供最新皇冠信用网登录,皇冠信用网APP下载包含新皇冠体育代理、会员APP,提供皇冠信用网代理开户、皇冠信用网会员开户业务。
    有人一起看吗?