Talking about him selling the whole company, actually i prefer him selling the whole company, since year after year not able to produce share holders value. Better sell lah the whole company to someone more capable. Suggest sell and merge with Tropicana lah! Or may be he can ask Tan Sri Lim Wee Chai got interested or not.

Bro kcgoh, Liabilities is 314 million, but Current Asset got 599 million, can not cover the liabilities meh? Why you said got Going Concern Issue? If want to settle the liabilities also must use Current Assets to settle the liabilities, not by selling his shares to settle the company liabilities leh!

Please keep promise!

http://www.kwongwah.com.my/?p=68455

2011 until 2018 , already 7 years, how come the progress so slow? efficiency problem?

http://www.sinchew.com.my/node/850009

I not happy with the performance of Ivory also for its year after year gross profit merely enough to cover operation expenses. Better sell off lah theJV lah if operation no efficiency.

I see all the 5 parcels of Bayan Mutiara lands already appear in the properties list of Tropicana Annual Report. How much is the value of the 45% stake in the JV of Bayan Mutiara.

Net assets per share negative desukah? Not 92 sen meh?

https://www.thestar.com.my/business/business-news/2015/01/22/ivory-sells-49pct-in-avl/

Well done! Keep it up! Go for No. 1 Undervalue!

Jan 29 rised to 0.995sen, volume 900 lot. But 500 lot was supported by share buy back. Today may be also share buy back. Dont think can cross RM1.01 lah!

That Banyan Mutiara land cost 1 billion, to be paid starting 2012 in 5 installment to Penang Gov.
Each installment is around 200 million, to be paid each year over 5 years perod. Question: How many installment Ivory already paid, any default on payment so far? What if default payment, land revert back to Penang Gov or what? Where Ivory can find 100 million per year? I assume Tropicana can help 100 million per year since they now partner each other. I have no doubt Tropicana can finance the 100 million but it is very questionable how Ivory able to gather 100 million a year to pay installment. Any new? hello the upstair ivory commentator!

听说中国还有一个秘密武器，那就是特异功能，不过美国也有XMEN,不知道作者知道不知道中国的特异功能能够不能够fight XMEN?

那些个唬人的东西就像义和团再版，听起来神奇，信起来就......

Kena con stupid fish wanted to con lagi stupid fish. But today all fish run away.

Before tax profit 2.6 million, after tax only left 845 thousand. This is result for record high revenue!

Penang property market so resilient hor! Revenue so high hor! revenue record high hor! Then profit only 2 million. If market no resilient down the road what happen?

I doubt the Pulai land so positive description in the Star article and Darens. Also i doubt the purchase is already completed and paid by Tropicana. Pulai is JB outskirt area, not centre of development as per Iskandar. The town ship may take 10 or 20 years to develop, Keck Seng also have a development there, KSeng land much more bigger than Tropicana Pulai land. That area close to Kangkar Pulai, have a lot of land but less population, so they said got POTENTIAL of development, no same as immediate development as Iskandar lah! For me thinking, that under water Plentong land is much more better deal than Pulai, unfortunately fail to acquire the Plentong land.

About the Gelang Patah land 500 million purchase, i think it was mention in one RHB analysis Report, but i could not find it again. By searching the web, i only manage to find this one, may be it refers to this one which is to purchase from Lee Plantation, although value is 366milion and not the 500 million in RHB report.
http://www.thestar.com.my/Business/Business-News/2013/09/14/Tropicana-buying-land-in-Johor-for-RM366mil/?style=biz

@darren: That 84.5 ekra under water Plentong land not as you claimed intended to purchase at 3.7 billion lah! It was intended to purchase from IWCity at 444 million, out of which 310 million intended to finance with bank borrowing, and intended to develop into a project worth gross development value 3.7 billion. This land purchase is canceled, but i think there is still another land purchase on going, i think is Galang Patah land, could be around 500 million, will up the borrowing and gearing ratio again.

Thank you Hustle, your words are proven very effective, what a lucky Low Tuck Wah, can pick up some more cheap share untill Nov the quarter report released.

Yes, i had analyse this stock for a long time. Low Tuck Wah able to buy cheaper from stock market partly help by his brother, consistently producing lousy result every quarter, partly also help by his two dogs, bark fiercely at passer by to scare them so that they throw their share cheap cheap and run away. Good lah Low Tuck Hwa, lucky man.

Steven Yong banned because too many dirty words. Advised him not to come again this forum.

Funny Kananga gal, discount up to 67% on Trop RNAV, but discount just 50% on KSL RNAV, clearly she is promoting KSL now, inflated KSL GDV to 40 billion, i laugh when she mention 40 billion is still conservative. Beware of here, anytime suka suka revise up discount 50% to 63% to 67%.

That is why i red flag origins.

I hate people look down on chinese educated person.

You mean earthquake destroy the trop development kah?

I only worry Danny throw, if it is Analyst and Fund Manager throw, meh keng koh!

If they want to sabo trop, please trow more, i keep buying.

Now only i know Danny is chinese educated, form 5 chinese is OK, chinese educated can not be bad, today i turn to support Danny, bought in at RM1.24, i support Danny, no need to give a shit to Analyst and Fund Manager, why they need a shit?

They kill the ikan bilis what for, a few days only and volume so small, they are after you, be careful, jolie2.

Please dont LOVE forever.

Volume small may drop some more.

I think i have no problem, i already proclaim i support Danny, i thank him for making the share cheap cheap so that everybody can affort, you see, i only say good things.

They want to press down price and let people suffer, so you wait lah, no need to made noise, let them press down, may be you can get some left over by them over death body.

Jacky Chan son is one good example, pity Jacky Chan, now got money also can not settle the case.

Certain thing even though is unfair dont try to be hero, critise here critise there you will face the consequence.

Jacky Chan son biggest problem is mess up with wealthy 2nd Generation.

Thank you chua72, good night.

I dont want to get into this mess of lan chao people, i made my money enough already i dont respond any more to you lan chao people.

Is it possible to get RM1.25 and below? chua72.

Thank you chua72, i manage to buy 30 lots more today at RM1.29.

What happen, with all this rubbish!

Yesterday bought 30 lots RM1.30, hope today can get RM1.25.

Bomoh Chacha, macam mana you tahu akan fly? Readlah readlah Cimb report can made it fly? Mau angkat turun angkat turun buah kelapa waktu baca Cimb report tak?

Bomoh Chacha, I already read Cimb report ten times, Albedo booliao Trop can fly chunboh? You sure akan fly tak?

But when storm come, everything will retreat. Wait US Stock crash.....

I like Tan Sri, he made the share cheap cheap so everybody afford to buy.

If happen, not say 10 lots, i will sell off all my holdings.