Inta Bina Group Berhad

$INTA / 0192 (INTA BINA GROUP BERHAD)
Research by TA

$INTA / 0192 (INTA BINA GROUP BERHAD)
Research by TA
BUY – TP RM 0.72

" Bags RM96.5mn Main Building Works”

INTA has secured a new project worth RM96.5mn from Sime Darby Property Sdn Bhd, a subsidiary of Sime Darby Property Bhd. The contract involves the construction of the main building for a 37-storey serviced apartment located at Persiaran Putra Perdana, Selangor. The scope of the project includes the construction of 246 units of service apartments and 62 units of affordable apartments, five carpark levels, residents' facilities, and a guardhouse. This project is slated for completion within 30 months from 18 September 2024.

Analyst:
Raymond Ng Ing Yeow
raymondng@ta.com.my

$INTA / 0192 (INTA BINA GROUP BERHAD)
Research by TA
BUY – TP RM0.72

"Firm Earnings Outlook”
Following the earnings revision, we raised our target price to RM0.72 (from RM0.71 previously), premised on unchanged 11x CY25 earnings. We continue to like INTA for the following factors: (i) a direct beneficiary of the robust domestic property sector, (ii) strong earnings visibility backed by a resilient orderbook, and (iii) improving profitability. Reiterate Buy.

Analyst:
Raymond Ng Ing Yeow
raymondng@ta.com.my

Changes in Director's Interest (Section 219 of CA 2016) - MR YAP YOON KONG

Titan Weekend Chart Reviews

$INTA / 0192 (INTA BINA GROUP BERHAD)

Had been trending upwards over the past 2 months here since retracing back towards its RM 0.425 main support.

For now still looking quite strong and as long as able to sustain above its RM 0.475 support, could continue on towards and beyond its RM 0.54 regions soon.

Support: RM 0.50, RM 0.475 areas
Resistance: RM 0.52, RM 0.54 areas

TA SECURITIES TOP PICKS 2ND HALF 2024...

Investment Strategy – Buy This Market. Savings from government subsidy rationalisation, multi-billion public spending on infrastructures, foreign direct investments and domestic direct investments in renewable energy and growth sectors identified under the long-term plans are boosters for domestic sectors. Thus, our top picks are closely associated with the Banking, Construction, Consumer, Healthcare, Power, Property and Telco sectors. The strong growth in the E&E exports driven by the “China Plus One” strategy and demand for advanced technologies, electric vehicles, data centres, etc. are expected to sustain interest in the Technology sector while benefitting Power and Telco players as well.

Buy Picks. In line with the above views, our top big-cap picks are PBBANK, YTLPOWR, TM, GAMUDA, INARI and IOIPG. Top small and mid-cap stocks are INTA, PGF, IBRACO, ABLEGLOB, SCOMNET, FFB, SUNCON, ABMB and SIMEPROP.

$INTA / 0192 (INTA BINA GROUP BERHAD) $IOIPG / 5249 (IOI PROPERTIES GROUP BERHAD) $POLY / 8117 (POLY GLASS FIBRE (M) BERHAD) $IBRACO / 5084 (IBRACO BERHAD) $YTLPOWR / 6742 (YTL POWER INTERNATIONAL BHD)

$KLSE-ARKA
$INTA / 0192 (INTA BINA GROUP BERHAD)

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Dealings Outside Closed Period

Changes in Director's Interest (Section 219 of CA 2016) - DR LIM PANG KIAM

Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - MR LIM OOI JOO

Changes in Director's Interest (Section 219 of CA 2016) - MR LIM OOI JOO

Additional Listing Announcement /Subdivision of Shares

Changes in Director's Interest (Section 219 of CA 2016) - MISS AU FOONG YEE

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Dealings Outside Closed Period

Additional Listing Announcement /Subdivision of Shares

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Dealings Outside Closed Period

Changes in Director's Interest (Section 219 of CA 2016) - MR LIM OOI JOO

Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - APEXJAYA INDUSTRIES SDN BHD

Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - MADAM KOK CHIN SEOW

Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - MR LIM OOI JOO

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Dealings Outside Closed Period

Changes in Director's Interest (Section 219 of CA 2016) - MR LIM OOI JOO

Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - MR LIM OOI JOO

Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - APEXJAYA INDUSTRIES SDN BHD

Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - MADAM KOK CHIN SEOW

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Dealings Outside Closed Period

Changes in Director's Interest (Section 219 of CA 2016) - MR CHAU YIK MUN

Changes in Director's Interest (Section 219 of CA 2016) - DR LIM PANG KIAM

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Dealings Outside Closed Period

Changes in Director's Interest (Section 219 of CA 2016) - MR CHAU YIK MUN