Darren, you are over promoting this stock.. The assumption of RM25Mil gained from the development is at best, an assumption without any costs overrun and assumming all units are sold at the high price Euro is selling in this depressed property market. Also, for someone who is able to give such a great detailed analysis of the stock, one would be very suspicious that you have conviniently gave a misleading statement such as note 3 .. "(3)Euro's profit in 2014 was RM2.3M. Its maiden property project wil generate a profit of RM25M.
(This incremental profit is 10 times more last's year's profit) "

You should be fully aware that the assumed RM25M profit is over a period of 3 years, not 1 financial year. Therefore such statement of 10x incremental profit is extremely misleading!

If you can recall also, the Company sat quietly on the piece of vacant land without any development as it was unable to satisfy the requirements and / or the development plans were rejected by the council. Also the assumed profits were based on previous costing without taking into considerations the hike in costs due to various factors. 20-25% of the land or so cant be developed and / or heavy investments need to be incurred due to land stabilisation criteria as a result of being next to a river and these stabilisation costs have gone up tremendously the last year or two. Therefore to count the RM25Mil for the entire project seems a bit too far fetched.

While you may have strong confidence in this stock, by over promoting and "sharing" not too accurate financial facts may not be appropriate as some investors may be blinded with your advise without realising some inaccurate financial datas.

shares will go downwards now until "better news" is released.. par value reduction is usually associated with companies facing financial issues

the tower construction contracts aren't out although it was supposed to in July. the lion shares of tower constructions will be in Sarawak and whichever parties that get these contracts, instacom will benefit either directly or via sub-con as their track records were excellent.

the new major shareholder of Euro also owns a company that develops high end homes in Ampang. Interestingly, the JV partner of this project is a large PLC in Spore that has paid record prices for a piece of land in the KLCC vicinity last year. Something may be brewing up in the next few months..an RTO seems logical considering the huge portfolio in Malaysia the Spore company has..

breaking out now from the comfort zone

In this coming AGM, the shareholders must be asking the Directors some tough questions over the recent transactions..

possible corporate news?? stated by the CEO in BFM that they have started to engage merchant bankers to advise Iris on the transfer of listing status to Main board..

Sarawak based companies have seen large gains. could this be the next beneficiary? State election will also happen over the next 12-24 months. lots of funding is required

well iwarrants...its certainly a good start as this has been ongoing for the past couple of days if not weeks..

2.6mil shares changed hands between 10.48am-10.51am
significant volume.. corporate news soon???

this year, instacom will benefit from the committed investments by both Govt n private sectors. and with the recent announced award to puncak semangat, stocks like instacom will hot up further with a possible tie up. good times ahead I reckon

this co has a very high dividend policy and with the record surpluses in terms of profits and cash it recorded so far this year, we can expect a bumper dividend, likely to be announced in the coming quarter in feb 2014. stay tune pep

judging by the positive announcements and latest developments, the only way to go for malton is up..but anything can happen in KLSE unfortunately! happy investing!

yistock, looking at the big blocks that were transferred, eg 1500lots it costs about RM400k..and at such short time, this is unlikely to be from retailers

normally when someone, lim whatever -he/she wants so much attention and pride to prove other wrong, these group of people seldom make it in life as their character / attitude will not make them go far in life. this kind of poor souls are usually failures n that's y he or she wants to brag. lim whatever, if u don't change, you will forever be a failure. earning a little bit here and there do not give you the rights to ridicule others.

another huge block of shares changed hands @1160 lots at noon

huge shares changed hands @1500lots at 11.38am. may be something serious is brewing!

first we have possible transfer to main board
secondly with the huge biz potential from the recent budget 2014 1.5Bil,
thirdly, strong financials for Q3 and exceeded the YTD 15Mil profit guarantee by 7Mil,
.....why the hell is this stock remains at such low level?????

looks like loosing steam!! fairly disappointed

assuming the company declares all special gains as dividend, this will equate to RM0.12 per share!! Some more the Q1 announcement said Bukit Jalil project will be launched by 1st half next year..

the thing is when rhb wrote positively, many investors follow blindly. now guess they r covering their rears, but too many investors are already being duped. sadly many r still blinded with hope

with RHB finally biting the bullet in the latest review a mere 3 months after going so overly confident on the Company's prospects, this really spell deep trouble! For RHB to quote they are unable to obtain satisfactory clarifications, this is really bad!

this company looks gone. the officials also not seem to be interested! from announcement, looks like there is no CEO or even an executive directors who is Malaysian. looks like the foreigners are just interested in letting the company go delisted!

looking at today's trading pattern, the dumping of shares are not likely to be retail investors.

steve, I am with you there..there may be some hidden issues. right now, we don't know how bad it is other than ngu dumping his shares to 7.8%! with so much said to be going in the media, surely he would have waited a little longer for more rewards than to sell out now. lets hope the optimism of fellow investors here prevail.

why is Ngu selling when everything seems bright for the Company? anyone got update info?

no end to cybert problem lah! wonder who is anyone running the company and turning it around as it seems the executive directors are non Malaysians!