if you are not playing contra, this counter will be very good for investment. PE only 6.3x at the moment, meaning the price is still low and not discover by the market yet. 5 years net profit is good and stable. 5 years cash flow also good and increasing. Dividend policy also good and improving. Dividend yield around 4-5%

jwarren, very fair comments. thanks for sharing your thought.
well, the price appreciation on last few days may be related to China's automotive website going to be listed in Nesdaq which bring the focus to Catcha/ICAR whom also operate automotive website.

jwarren, what do you see Catcha Media's holding in ICAR.asx? the holding is worth more then Catch Media's mkt capitalization..just like a old rolex watch may be worth RM77k, but the diamond newly attached on the watch is worth additional RM80k..yet, u are saying we shouldn't look at the value of the diamond and just focus on the old rolex watch?

Headquartered in Kuala Lumpur, iProperty Group was first established following the acquisition of iProperty.com.my in 2003. A series of regional launches and acquisitions followed. The company currently operates property portals in Malaysia, Indonesia, Hong Kong, Macau and Singapore, and has investments in India and Philippines. It also runs a regional property exhibition business.

“At Catcha Group our investment approach is to invest in and accelerate internet companies,” explained Catcha Group, Group CEO Patrick Grove.

“We’ve been privileged to work closely with iProperty Group’s amazing team and fellow co-founders to achieve this RM1 billion milestone.”

Catcha Group currently boasts a portfolio of online assets worth in excess of RM1.5 billion , including three public companies and numerous private investments, and is one of the largest investors globally in the online classified space in emerging markets.

iProperty now serves over 4.1 million property seekers per month and works with over 20,000 real agents and 300 property developers across Asia. Its mobile property search app has been downloaded 1.2 million time

Serving the region’s burgeoning real estate industry, the growth of iProperty Group’s online advertising business over the last six years demonstrates the power and potential of the digital revolution sweeping the region

As of Nov 7, iProperty Group had a market capitalisation of just over RM1.07 billion, 15 times its original market capitalisation.

Founded and controlled by the Catcha Group, iProperty Group was floated on the Australian Securities Exchange in September 2007 at A$0.25 per share. It recently touched A$2, giving an 8x return to shareholders

International online investment firm, Catcha Group today announced that one of it’s main portfolio
companies, the iProperty Group, which owns and operates a network of property websites, has crossed the RM1 billion in market capitalisation milestone.

any latest info on this counter?

pari57, care to share what is the reasons for Handal to go RM0.60?

omg A&M moved again

pantech almost rm1.00 now, GOB going to do the same..

1.57

mcbao, Dayang is back..fast fast..

mcbao, u in benalec yet? i will follow u...

crawler, u mean benalec possible limit up pending announcement?

mcbao, what do u think of benalec? many research house also write about this company...u know anything?

anbz RM96,952,363.20/79.49 acre
= RM 1,219,680 per acre ... well not so suspicious ...good deal ...and the reclaimation deals would exceed AMMB target price which is RM 2.48 !!!

Hi Anbz, where do u get the info? can i understand it as if the deal go thru, the valuation of Benalec going to be exceeded rm2.48 per share? the RM96mil deal going to worth RM0.48 per share right? or any sifu and enlighten me?

cimb said rm2.01 ..yeah

Benalec is new darling

shifted to Benalec 5190

ya, mcbao, what announcement are you referring to?

mcbao, how long do you think Favco can reach 3.35? within 1 month?

good thanks. also share with some of to other friends.. buy monday can still enjoy dividend right?

any sifu can advise more on this counter?

mcbao, penergy still worth to go in? RHB said so low, even PBB put higher...what say you?

ok..after reading..mcbaomc you are good...will go in to favco...

mcbaomc, you are here...what is happening with favco? any good advise?