Highlights
KLSE: IVORY (5175)       IVORY PROPERTIES GROUP BERHAD MAIN : Property
Last Price Today's Change   Day's Range   Trading Volume
0.04   0.00 (0.00%)  0.04 - 0.04  85,000
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Overview

Market Cap: 20 Million
NOSH: 490 Million
Avg Volume (4 weeks):91,810
4 Weeks Range:0.04 - 0.055
4 Weeks Price Volatility (%):
0.00%
52 Weeks Range:0.04 - 0.095
52 Weeks Price Volatility (%):
0.00%
Average Price Target: 0.40
Price Target Upside/Downside: +0.36

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2024 [#1]  |  30-Aug-2024
Next QR | Est. Ann. Date: 30-Sep-2024  |  28-Nov-2024
T4Q P/E | EY: -0.30  |  -334.66%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.07  |  0.57
T4Q NP Margin | ROE: -84.84%  |  -191.23%

Headlines

Date Subject
26-Sep-2024 Mplus Market Pulse - 26 Sep 2024
09-May-2024 Daily Market Commentary - 9 May 2024
09-May-2024 Mplus Market Pulse - 09 May 2024
09-May-2024 Ivory Properties Gets Three-month Restraining Order to Avoid Winding Up Proceedings by Creditors
11-Jan-2024 Daily Market Commentary - 11 Jan 2024
11-Jan-2024 PublicInvest Research Headlines - 11 Jan 2024
11-Jan-2024 Mplus Market Pulse - 11 Jan 2024
11-Dec-2023 Mplus Market Pulse - 11 Dec 2023

Business Background

Ivory Properties Group Bhd is a property development group in Northern Malaysia. It has aggregated its operations into four reportable segment, Property Development, and Management which comprises property development activities, developed properties, property management, and tenancy management services; Construction Contracts segment includes building and construction activities; Food and Beverage segment Includes operations of entertainment, food and beverage outlets; and Investment Holding and Others segment. The business of the group only operates in Malaysia.
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  8 people like this.
 
B4b4 The big problem is Covid19
05/08/2021 7:43 AM
talk3and4 worth to monitor this counter
06/08/2021 4:34 PM
davidkkw79 https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3193339
17/09/2021 9:01 PM
kutukuti1955 possible of MGO offer
26/09/2021 10:48 PM
pierre69 Very cheap now, worthwhile to enter this counter
19/10/2021 10:40 PM
BigZakar cheap and easy to goreng up...........worth to buy
27/10/2021 8:43 AM
davidkkw79 Moon ! Very cheap now !
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3279832
31/07/2022 10:21 AM
Tuyuyu Pn17 Property no body dare to buy
01/08/2022 5:11 PM
Tuyuyu Ivory prohect sales all drop like to share price
01/08/2022 5:12 PM
Mohd123 ivory ivory 3cent
03/08/2022 12:30 PM
davidkkw79 Ivory made me very worry
03/08/2022 7:48 PM
awesome20 found new support soon flying
04/08/2022 8:36 PM
Tuyuyu Ivory property no buyer dare to buy anymore


See u at 0.5 cent guy


Yahooo... muflis dato low
07/08/2022 4:52 PM
Tuyuyu Heard its sales of houses all no buyer interested
07/08/2022 4:52 PM
Tuyuyu Luckily i do t hv any stock of ivory

Hope it will drop few more cent only to 0.5c
07/08/2022 4:53 PM
Tuyuyu Ivory remains bill board and advertisement


Company negative asset
07/08/2022 4:54 PM
davidkkw79 Default !
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3281899
08/08/2022 7:51 PM
Tuyuyu Dont buy..low eng hock push to run his share
01/09/2022 12:42 PM
Tuyuyu Wull drop back to 3c
01/09/2022 12:42 PM
Michael Kwok A big boom.sell call if can support 9 cents 1/9/2022
1/9/2022 2.32pm.
01/09/2022 2:33 PM
Tuyuyu Run before late

Using heng huat ex boss goreng kaki as news to push up
07/09/2022 2:17 PM
Gooner82 PP has been completed. Hopefully soon will start wave 3 uptrend move
25/10/2022 8:58 PM
aa88 wait white knight
30/03/2023 11:06 AM
ACV2916 Wow. Chin Hin is JV with Ivory. Time to buy low now.
03/05/2023 7:35 PM
Penang_lang Chin Hin and Ivory Properties to develop Crown Penang, to launch in 2Q2024

KUALA LUMPUR (May 3): Chin Hin Group Property Bhd, via its subsidiary Stellar Platinum Sdn Bhd, signed a joint development agreement (JDA) with Ivory Properties Group Bhd, via its wholly-subsidiary Ivory Meadows Sdn Bhd, to develop the RM475 million Crown Penang, which is targeted for launch in 2Q2024. This will be Chin Hin’s first foray into Penang.

“At Chin Hin, we believe strongly in forging strategic partnerships to accelerate growth and value creation for our customers and shareholders. We are delighted to take another leap forward with our first foray into Penang’s exciting real estate market, which is expected to continue to trend upward post-pandemic,” said Chin Hin Group Property’s non-independent non-executive director Datuk Seri Chiau Beng Teik.

Ivory Properties Group Bhd’s chairman and independent non-executive director Datuk Abdul Malik Abul Kassim said the partnership marked a significant milestone for both parties and he is confident about the success of the collaboration.

Under the JDA, Stellar Platinum will fund the entire Crown Penang project costs through capital injection, internal funds and secure financing facilities, while Ivory Meadows will manage the development of the project including planning, construction, as well as marketing and sales. Stellar Platinum will seek a collaborative partner to take up 30% of its stake.

Crown Penang comprises 588 units within a 41-storey tower, and its units will feature smart-home technology in an urban resort setting. The units have built-ups from 495 sq ft to 1,367 sq ft, with studio to three-bedroom layouts. The units have an indicative selling price of RM620,000.

It will have a double-storey rooftop facilities desk, which “crowns” the residential tower and is located on the last plot of seafront land of Seri Tanjung Pinang 1. The development is located adjacent to the up-and-coming Gurney Wharf, a 60-acre waterfront public recreation area park by the Penang state government, and will be linked via the Penang Outer Ring Road. The development is targeted to be completed in 2027.

Nearby amenities include Lotus’s Tanjung Pinang, Straits Quay Retail Marina and a waterfront promenade, which will be in walking distance. A short drive away will allow residents to find banks, shopping malls, medical centres, schools, wet markets, restaurants, coffee shops and hawker centres.

The design and concept of Crown Penang was done with collaborative efforts of Quintrix Architects, Chaos Design Studio, Sputnik Forest Labs, Permata Green and Arup.
https://www.theedgemarkets.com/node/665538
04/05/2023 2:14 AM
Penang_lang Chin Hin JV in Hokkien meaning very prosperous?
05/05/2023 9:18 AM
Penang_lang New boss takeover?
05/05/2023 9:19 AM
TCH1186 o.O
05/05/2023 10:27 AM
stableprofit88 goreng news only? atau memang develop project?
05/05/2023 3:38 PM
kancil18899 worth to collect . Hidden gem
05/05/2023 7:02 PM
proudbeggar Thank the miracle of social media, Crown Penang got video : https://www.crownpenang.com/
08/05/2023 4:47 PM
kancil18899 Sapu before too late . very Under value
21/05/2023 11:42 PM
stableprofit88 no volume, no people interest on it, when it the PN17 deadline? if no better project, then company will delist by PN17, correct?
24/05/2023 3:33 PM
TCH1186 gogogogogo
30/05/2023 9:00 AM
kancil18899 dont be surprised to see next wave
18/06/2023 12:21 AM
kancil18899 tp0.30
19/07/2023 11:54 AM
kancil18899 out of PN17 soon
28/11/2023 4:21 AM
kancil18899 Be ready to fly
12/12/2023 10:21 AM
kancil18899 Start flying. Will be removed from PN17 soon.
13/12/2023 12:54 PM
berfikir scable already fly to the moon....this stock x mau polo ka
27/12/2023 10:43 AM
berfikir only this property stok still sleep....the other flyy already....watch this stock
04/01/2024 11:47 AM
kancil18899 please check the latest announcement. Still not too late to collect. Far below NTA
05/01/2024 10:25 PM
berfikir dead stock
09/01/2024 11:07 AM
berfikir bodo punya stok
09/01/2024 3:47 PM
berfikir good job ivory....turkey mari
11/01/2024 9:17 AM
kancil18899 White knight found . will wake up soon
19/06/2024 12:57 AM
kancil18899 White knight found FINALLY
26/07/2024 2:43 PM
kancil18899 moving
09/08/2024 12:46 AM
26/09/2024 3:13 PM
Fznzm Abdullah . Follow scable
26/09/2024 3:13 PM


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