Garry Khoo's comment on IAB. All Comments

Garry Khoo
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Sam : management guided FY26 pat will be around 50m, next year will be double, so do your math. Management said the prospects remain very positive
Garry Khoo
RM6 bil worth of water, sewerage projects approved for Sarawak under 13MP
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Garry Khoo
Google sarawak water grid then you know how many billions have been approved. Sarawak wants to connect the piping and grid connections, ensuring reliable and water supply across sarawak
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Shun Tee Lam
Gary, don’t misguide. Management guide is 30m PAT in FY2026, which FPE is 20x according to current share price RM 1.08
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Tok Tiong
Lam.. i also curious if management bulat bulat say double PAT become 100m. must be something i missed
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Garry Khoo
IAB Meeting – Key Takeaways

Before turning to the meeting highlights, we note that IAB’s recently released 2QFY26 results were exceptional.
For 1HFY26, the group has already delivered RM19.1m PAT, which is materially above our earlier On Our Radar full-year forecast of RM30m.

The outperformance was driven primarily by the intelligent asset division, which carries superior margins.
Year-to-date, revenue mix is now close to 50:50 between intelligent asset and water solutions
Show more
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Garry Khoo
30M PAT forecast by analyst. Not management guidance. Retailers won't buy now, who you think buying today?
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Shun Tee Lam
Gary, find flowing because of the news, but the most important is the management need to deliver result. This company’s still new , need monitor their performance also.
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Garry Khoo
Totally agree Lam, now is based on what management said , whether can deliver is another thing.
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Tok Tiong
Buy for 100m PAT. Hold tight sl
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