Ideal Capital Berhad, an investment holding company, engages in the property development business in Malaysia. It operates through three segments: Property Development; Trading; and Project Investment and Project Management. The company engages in the trading of heavy machinery and spare parts, and disinfectant products; property investment and management; and asset management activities. It also provides energy management services; manufactures and trades in sterilisation and sanitisation, and pharmaceutical products; develops industrial parks; and trades in industrial land and building materials, as well as engages in the rental business. The company was formerly known as Ideal United Bintang International Berhad and changed its name to Ideal Capital Berhad in June 2022. The company was incorporated in 1979 and is based in Bayan Lepas, Malaysia. Ideal Capital Berhad is a subsidiary of ICT Innotech Sdn. Bhd.
Research context
Ideal United Bintang Berhad appears in PyInvesting’s Kuala Lumpur Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- MYR
- Sector
- Real Estate
- Industry
- Real Estate - Development
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
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5 years, 6 months ago
Ideal United Bintang Berhad is currently in a long term downtrend where the price is trading 2.5% below its 200 day moving average.
From a valuation standpoint, the stock is 75.1% cheaper than other stocks from the Other sector with a price to sales ratio of 1.6.
Ideal United Bintang Berhad's total revenue sank by 65.1% to $53M since the same quarter in the previous year.
Its net income has dropped by 229.1% to $-24M since the same quarter in the previous year.
Based on the above factors, Ideal United Bintang Berhad gets an overall score of 1/5.