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3,108 comment(s). Last comment by Michael Kwok at Jan 10, 2021 11:45 PM
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Idiot
126 posts

Posted by Idiot > Jan 20, 2015 1:41 PM | Report Abuse

Buy Hunza ? Lot's of project launches coming.


christ1234
79 posts

Posted by christ1234 > Jan 20, 2015 2:15 PM | Report Abuse

impartiality, thoughtful opinion again. I can't find words which is more appropriate than gangster heaven to describe Penang Times Sq. Just the name is flamboyant. In fact, look at the mall design, its impractical for business. Nobody will go there even the poor one.


christ1234
79 posts

Posted by christ1234 > Jan 20, 2015 2:15 PM | Report Abuse

ricH, so many companies around, give up this lousy gangster company, you wont regret. No point discussing about toilet.


penangboleh
5 posts

Posted by penangboleh > Jan 20, 2015 2:20 PM | Report Abuse

I cant more with impartiality and chris1234. just don't waste our time in this counter.. full of rubbish


Idiot
126 posts

Posted by Idiot > Jan 20, 2015 4:04 PM | Report Abuse

But could someone pls give some view on Hunza pls ? I think they also have land in Bayan Baru ? Thx


rlch
4085 posts

Posted by rlch > Jan 20, 2015 5:55 PM | Report Abuse

Idiot; Hunza: Khor Teng Tong is buying but I see their Gurney Paragon not as successful as Gurney Plaza although better than Times Square. Ivory Penang World City project likely more successful than Hunza Bayan Baru project due to better location(near Queensbay Mall, bridge and factories). I can buy 4 Ivory for 1 Hunza. Your money your choice.


Icon8888
19022 posts

Posted by Icon8888 > Jan 20, 2015 5:59 PM | Report Abuse

absolutely agree !!! I been to Gurney Paragon recently. The whole place is quiet. It is DEFINITELY not doing well


impartiality
427 posts

Posted by impartiality > Jan 21, 2015 10:16 AM | Report Abuse

It is still much better than penang Times Square it is an air conditioned pasar Malam where u can play futsal inside the atrium all day long without disrupting anyone there are Prob more shopkeepers than shoppers inside the mall


Idiot
126 posts

Posted by Idiot > Jan 21, 2015 2:17 PM | Report Abuse

Ha..ha.. thanks guys..look like the new young management needs to work harder


WDragon
135 posts

Posted by WDragon > Feb 4, 2015 7:53 PM | Report Abuse

Any news on Ivory? Looks like its share price not moving so long.


WDragon
135 posts

Posted by WDragon > Feb 4, 2015 8:57 PM | Report Abuse

Hopefully this month report high profit.


WDragon
135 posts

Posted by WDragon > Feb 4, 2015 9:17 PM | Report Abuse

Then fly up back to 0.60. Then all ivory holders laugh.


yeddie
13 posts

Posted by yeddie > Feb 5, 2015 1:20 PM | Report Abuse

If you are the boss, you sold some land, your cash flow is better than before, but u dun want to give money from my pocket, what will you do to remunarate your loyalty supporter & your staff ?


rlch
4085 posts

Posted by rlch > Feb 5, 2015 1:38 PM | Report Abuse

I think Penang Times Square reputation is bad. If Ivory manage to sell it and further improve cash flow rerating of Ivory is likely. Two disposals last month which will reduce borrowings by RM 205 million does not seem to do wonder to share price.


WDragon
135 posts

Posted by WDragon > Feb 5, 2015 1:50 PM | Report Abuse

Ivory makes its cash flow stronger to expand its business. So, I think we should buy some to keep before going up higher.


cath0025
59 posts

Posted by cath0025 > Feb 6, 2015 9:25 AM | Report Abuse

haiz.. I buy 0.775.. dun know when can return back my cost..


kcgoh1234
201 posts

Posted by kcgoh1234 > Feb 9, 2015 4:48 PM | Report Abuse

http://www.aspen.com.my/


kcgoh1234
201 posts

Posted by kcgoh1234 > Feb 9, 2015 4:49 PM | Report Abuse

aspen group as mentioned above are in fact owned by CEO Low, his former star staff and his cronies.


kcgoh1234
201 posts

Posted by kcgoh1234 > Feb 9, 2015 4:49 PM | Report Abuse

Low is in fact a thief, good project (Ikea Batu Kawan) all under his private company, and loan all under public com[any ( Ivory). Can you trust your capital in the hand of a thief?


rlch
4085 posts

Posted by rlch > Feb 9, 2015 5:34 PM | Report Abuse

I don't think so(Low). He is a smart businessman. All the land he bought before he manage to sell at higher price.


penangboleh
5 posts

Posted by penangboleh > Feb 9, 2015 7:40 PM | Report Abuse

no doubt he's smart... low make 65% premium on his 49% stake in AVLSB sale to Aspen within 4 to 5 months of investment. but the questions is his integrity and performance for the company to protect all stakeholders interest as the CEO. the problem is he cant manage the company anymore, no key personnel to run the business, engaged all jokers include himself. you asked around any bankers in town about their performance and track records after the previous COO and other key staff left the company. low is only keen in SOJU>>>>


rlch
4085 posts

Posted by rlch > Feb 9, 2015 8:46 PM | Report Abuse

Perhaps should ask him to sell everything Ivory still own(Penang World City land, Times Square) and all the cash proceed declared as dividend to shareholders if he is not keen to run business any more.


kcgoh1234
201 posts

Posted by kcgoh1234 > Feb 10, 2015 2:19 AM | Report Abuse

Don't be so naive my friend, for a co where mkt cap less than loan amt. They cant pay back to the bank in full, after they sell everything. Penang Times Sq shoplots and condo have been sold out to individual owners. Ivory isnt the owner.


kcgoh1234
201 posts

Posted by kcgoh1234 > Feb 10, 2015 2:20 AM | Report Abuse

and AVLSB sale is a suspicious sale. Aspen and Ivory, not a simple disposal. Sell the shares before it hits rock bottom. My humble advice.


rlch
4085 posts

Posted by rlch > Feb 20, 2015 5:45 AM | Report Abuse

Property sector may get Singapore boost
http://www.focusmalaysia.my/Assets/Property%20sector%20may%20get%20Singapore%20boost


impartiality
427 posts

Posted by impartiality > Feb 25, 2015 12:02 PM | Report Abuse

Absolutely pathetic results. They would have made a loss if they did not recognize a profit in a JV company which does not translate into cash as no dividends were received by Ivory from the JV. Hock dog is barking down the wrong tree by venturing into Johor. How do you compete against mega chinese developors five times bigger than SP setia when you have failed so miserably in Penang.


dragonking
3496 posts

Posted by dragonking > Apr 9, 2015 3:31 PM | Report Abuse

will this rubbish company,,,,able to fly....???


rlch
4085 posts

Posted by rlch > Apr 16, 2015 3:29 PM | Report Abuse

Penang island property in demand due to shortage of land. A laggard to E&O, Hunza Pty, Tropicana, etc.


impartiality
427 posts

Posted by impartiality > Apr 20, 2015 5:22 PM | Report Abuse

This company has a chronic shortage of brains and that by itself supersedes all shortages of land


dragonking
3496 posts

Posted by dragonking > Apr 22, 2015 9:10 PM | Report Abuse

no brainer stock,,,,