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2015-08-17 16:41 | Report Abuse
Within 21 business days from the date of the SPA, GTSB shall pay TBSB the sum of RM237,307,901.60, equivalent to 10% of the Disposal Consideration (the “Deposit”).
2015-08-17 16:38 | Report Abuse
The expected cash proceeds to be received from the Proposed Land Disposal is estimated to be between approximately RM1,898.5 million (being the scenario whereby IWCity‟s 20% portion of the entire Disposal Consideration to be contributed by IWCity under the terms of the Shareholder‟s Agreement, is subjected to the Set-Off Arrangement) (“Minimum Scenario”) and approximately RM2,135.8 million (being the scenario whereby the Balance Disposal Consideration is not subjected to any Set-Off Arrangement) (“Maximum Scenario
“). The proceeds are expected to be utilized for mainly reclamation works, payment of bank borrowings, working capital as well as land related expenses of the IWCity Group.
2015-08-17 16:33 | Report Abuse
I told you all avoid no one listen! padan muka!
2015-08-17 16:32 | Report Abuse
first salted fish, then harimau stupidly following. Then another joker kannibul! now another idiot salted fLsh trying to play ppl! all idiots
3 hours ago | Report Abuse
right issues cancelled for this stupid land deal! And prone to cancel soon!
2015-08-17 16:31 | Report Abuse
hng33, don't be an idiot! it is obvious a trap! They can extend land deal all way towards 2018 according bursa announcement! Who is providing half cook info now?
2015-08-17 16:08 | Report Abuse
in 2008, MY WORST INVESTMENT-KNM. I make losses 4000 that time. after tht avoid all speculative cost as possible.
Greatest gain is GENTING @ 3.83, all way up to RM7+ SELL ALL.
SEE? GREATEST OPPORTUNITY IN KLCI bluechips during depress time!
2015-08-17 15:53 | Report Abuse
WHAT DO YOU MEAN? It is delay what. It will keep delaying
2015-08-17 15:52 | Report Abuse
no deal! why?
PRK+DAP+MAHATHIR Throwing the GOVT SOON!
1 hour ago | Report Abuse
not updated? I am telling you that it will keep delay beyond 2018
On behalf of the Board, AmInvestment Bank wishes to announce that both parties to the SPA have mutually agreed to extend the date of fulfilment of the condition in obtaining the approvals of the board of directors and shareholders of TBSB under the Clause 3.1.1(e) of the SPA for the Proposed Land Disposal to 2 September 2015.
This announcement is dated 13 July 2015.
2015-08-17 15:48 | Report Abuse
don't be stupid loh. RM1.8mil per acre, think china ppl water fish meh
2015-08-17 15:47 | Report Abuse
asked the real salted fish and WikiLeaks come out!
2015-08-17 15:45 | Report Abuse
he did the right thing to safe the nation! he will be remember as HERO in Malaysia History! Fortunebullz
2015-08-17 15:44 | Report Abuse
who cares? Theme park= lots of money!
2015-08-17 15:43 | Report Abuse
IDIOTS ALWAYS FAIL TO ADMIT THEMSELVES. Icon8888 one of them
2015-08-17 15:39 | Report Abuse
Unless you go demon in my Putrajaya, stay there 1 week, or you all go into KL area, camping there like the HK ppl do for 1 month, then I najis only will worry.
If not who cares? rM2.6bil also no issue liao, what more issue? use your brain loh
2015-08-17 15:37 | Report Abuse
Bersih 4.0 a waste of ppl time lah. I can tell you with their strategy, BERSIH 14.0 also BN still govern lor. Why? No threat to govt at all.
If me Najis, just let you all demonstrate loh. At the end you all will self desolve also and no one cares what you all say. As long as me in power, I can say I am open you see, let u all go demon in street. Democracy still much alive. hahaaaaaaaaaaa.
2015-08-17 15:34 | Report Abuse
pisanggoreng, how you define big win first? 30% to some big win? For me big win means 10 beggar x10=RM12. Can achieve ah?
2015-08-17 15:28 | Report Abuse
somemore look at China Greenland value. Assets injection in China for RTO total assets only CNY65bil=MYR32.5bil.
This buy land already RM2bil, 6-7% of total assets! Will a China Man company take such risk overseas? Knowing Johor now slowing down also!
2015-08-17 15:14 | Report Abuse
I have even more doubts when they propose RIGHT ISSUES! So many money from Land sales still want to do right issues??
2015-08-17 15:13 | Report Abuse
hng33, did you read into details not! OMG!
RM2,373mil for 127 acres, 1 acre=RM1.8mil. Really think Greenland is soh chai!
Valued RM426sqfoot according to valuation report! RM426/sqfoot is VERY EXP! Condo me staying now also not tht high lah! somemore it is vacant land!
Read: http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download/?name=EA_GA_Attachments&id=64172
POINT 11.
Barring unforeseen circumstances, the Proposed Land Disposal is expected to be fully completed by the 1st quarter of 2018.
2018!!!
By that time, you are stucked 3 years here with some fake hopes! and stuck forever if China Greendland don't pay you!. But also lucky lah if they pay you! RM2 TP straight away with value unlock at such high prices!
2015-08-17 14:59 | Report Abuse
sign s&p also can choose default mah, especially such huge deal!
Beware now!
Somemore they are buying lands RM156mil. It is as good as not selling land in first place.
Now depend on whether Greeland from CHINA pay or not. Which I think very high chance not to go ahead looking at loomy Malaysia property sentiments
2015-08-17 14:55 | Report Abuse
this is exactly like 2008 crisis time! when tht time GENS not open yet! many talk on GENT profit down lah, this lah, tht lah. CPO also weak tht time, GENP lagi teruk with so many young trees/
Now! GENM going open new theme park soon, Las Vegas maybe 1 more or 2 years to complete!
BUY LAH. no brainer
2015-08-17 14:53 | Report Abuse
haha, suddenly so many bad news, just like 2008
2015-08-17 14:49 | Report Abuse
hehe, duit. Not really so! 10yr-4.22 range, 5yr-4.01%
I rather go 5yr now to make the kill. Once stabilise, 5yr will go back 3.80% range or lower. 10yr too many foreigner, maybe wait they sell more first.
2015-08-17 14:45 | Report Abuse
My view on KLCI INDEX:
1400 will be bottom. Once broken towards 1250. And it shall rebound.
Suggest to buy some KLCI index stocks in 1400, then 1250. If really broken 1250, ALL IN!
game plan it to separate funds into 3 part, accumulate according to latest development.
3 YEARS LATER YOU WILL GET AT LEAST 20%
2015-08-17 14:43 | Report Abuse
1400 will be bottom. Once broken towards 1250. And it shall rebound.
Suggest to buy some KLCI index stocks in 1400, then 1250. If really broken 1250, ALL IN!
3 YEARS LATER YOU WILL GET AT LEAST 20%
2015-08-17 14:16 | Report Abuse
By controlling the cash management, you will almost breakeven
2015-08-17 14:16 | Report Abuse
$2000, if continue bet wrong = -$200. Stop. Change table or go out to rest! If win, continue the bet until lose. Then bet the lose side.
2015-08-17 14:14 | Report Abuse
Gambling cash management
Bacarrat:-
Continue buying win side until 2times not effective.
Capital= x20 rounds. If one hand bacarrat $100, have to bring $2000 capital. Continue roll the winning if continue in winning position. Stop playing after 2 times error.
If like got dragonx10, win till siao. If $100 buy banker, continue open banker win x10
Then 100--200--400--800--1600--3200--6400--12800--25600--51200--102400. Wow!
2015-08-17 14:08 | Report Abuse
Stocks to hold next 1-2yrs:-
BJCORP-TP:0.90
PMCORP-TP:0.35 (Achieved-Dec14)
JCY-TP:1.00
Pohuat-TP RM2.20min(Achieved-Feb15)
Hevea warrant-TP RM1.15(Achieved-Jan15)
V.S=TP RM3.50(Achieved Jan15)
OPENSYS-TP:0.55
MSC-TP:5.00
GENM-TP:5.50
PJDEV-WC-TP:1.00
GSB-TP RM0.15
FABER-TP RM3.50
ALL DEAD! HAHAHA
2015-08-17 14:07 | Report Abuse
even fallen 5% also top10!
2015-08-17 14:07 | Report Abuse
surviving in Investlah competition! hahaha!
2015-08-17 14:06 | Report Abuse
For the interim period ended 14.08.2015 Fri
No Stock Name Adj 30.06.2015 14.08.2015 Gain/Loss
Division A :clap:
01 VS E-Huat 4.620 5.430 17.532%
02 PWROOT boyish - boyboy 2.010 2.300 14.428%
03 LIIHEN YeapyEvo 4.730 5.380 13.742%
04 SUPERMX AngryBird 2.070 2.110 1.932%
05 SONA Lotus48 0.420 0.425 1.190%
06 PRKCORP Gladiator 2.710 2.730 0.738%
07 CAELY Ikan Besar 0.505 0.500 -0.990%
08 GMUTUAL Tempting 0.475 0.470 -1.053%
09 PBBANK funkaki 18.720 18.200 -2.778%
10 MSC Paperplane 2.460 2.350 -4.472%
11 DNONCE Kyosan 0.420 0.400 -4.762%
12 FOCUSP kittima 0.285 0.270 -5.263%
13 UZMA 007 2.350 2.200 -6.383%
14 KSENG SUPERDADDY 5.270 4.870 -7.590%
15 CENTURY cloud69 0.935 0.855 -8.556%
2015-08-17 13:45 | Report Abuse
yes! This self-proclaimed Warren Buffett of Malaysia is a joker only!
2015-08-17 13:43 | Report Abuse
no need to see mah! you see how I predicted exactly?? Ask me loh
2015-08-17 13:42 | Report Abuse
VS again? Simple thing-Keurig in trouble, so will VS! avoid at all cost lah. simple as tht
2015-08-17 13:38 | Report Abuse
ha, ks55. wise word.
but remember this, when ppl in fear, Im feeling greedy!
Time to look at property stocks now. some are good fundamental
2015-08-17 13:26 | Report Abuse
NOTHING TO BUY?
WHEN MKT UP YOU asked many buy BJCorp. Now nothing to buy?
I bet BJCORP one of the best to buy now!
2015-08-17 13:25 | Report Abuse
listen tkp1, kopipeng, icon8888 all DEAD
2015-08-17 13:24 | Report Abuse
IT IS NOT BEAR YET! KLCI high range is around 1750-1800, drop 20% is around 1400 range. Now not even 1500 yet! only if drop towards 1400-1250 range consider bear!
And if it do happen, BUY LIKE NO TOMOLO LIKE 97/98, 2008/2009
Stock: [IWCITY]: ISKANDAR WATERFRONT CITY BERHAD
2015-08-17 18:48 | Report Abuse
SPA signed 21Jan2015. Until latest Q1 2015 closing result still no sign of RM230mil seen! see?
It is definitely failed case!