Limited downside in anticipation of improving results in FY17 -18, undemanding valuations and the emergence of new major shareholder, Lembaga Tabung Haji. Ikhmas share prices tumbled 21.5% from a 52-week high of RM0.815 (17 May) to close at RM0.64 last Friday, mainly attributed to its weak 1HFY16 results amid the del ays in handover of two key projects (i.e. a flyover package for a road upgrading