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IWCITY - Babylon City of Garden!
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DATE : 12th October 2017
Stock : IWCITY (RM1.26)
Target Price : RM1.50 / RM3.00
THE INFO
Iskandar Waterfront City Berhad, an investment holding company, provides property development, construction, and property management services primarily in Malaysia. The company develops residential and commercial properties. It is also engaged in the construction of infrastructure and building works. The company is based in Johor Bahru, Malaysia.
"Today I just called this IWCITY because i forsees good vols trending past 30-days crossing my eyes. So nothing to talk much.. Just wait & see what I am forsees! I just want to say .. be focus closely on this one..bring you to Babylon THIS MONTH!". - Kim Spartan
THE KEYS
The Bandar Malaysia urban development project, with an estimated cumulative gross development value of RM150 billion, is planned on the site of the current site of the Sungei Besi airport in Kuala Lumpur which has been used by the Royal Malaysian Air Force. Developed as a public-private partnership initiative, it is expected to be completed over the next thirty years.
It will also house the terminus of the planned KL-Singapore High Speed Rail (HSR) project which is expected to be ready by 2026.The Bandar Malaysia urban development project, with an estimated cumulative gross development value of RM150 billion, is planned on the site of the current site of the Sungei Besi airport in Kuala Lumpur which has been used by the Royal Malaysian Air Force.
The planned Bandar Malaysia project is on a 194ha (486 acre/21.17 million sq ft) tract within the old airport site in Sungai Besi here. IWCity has been in the spotlight in anticipation that its major shareholder Iskandar Waterfront Holdings Sdn Bhd (IWH) might get a second chance to develop Bandar Malaysia.
THE SUMMARY
"Good news announcement will now take place in this month", I am still awaiting the roar and golden finger magic IWCITY. - Kim Spartan
Regards,
Kim Stockwatch
Telegram : https://www.telegram.me/kimstock (Real live time trading)
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