IWCity's share price tumbled today primarily due to investor concerns about its ongoing financial challenges and the uncertainty surrounding its restructuring plans under Paragraph 8.03A of Bursa Malaysia's listing requirements. Despite the strategic merger with Ekovest, there are apprehensions about IWCity's ability to turn around its financial situation and effectively execute the merger benefits​ (KLSE Screener)​ .

Additionally, market volatility and external economic factors could also have contributed to the share price drop. Investors are closely monitoring these developments to gauge future prospects.

Be patience. Keep it up. Buy on dip. Do not contra.

Strong vol 0.135. slowly

Mild consolidation. Buy on dip. Do not contra.

NAV is lower than current share price. But RNAV is superb if lands revalue. Same as SJER golde time play. Wish all of you and us earn abit more from our hard earned $ investment in time to come.

URUSHARTA's shares are still out there (lent out to some big guys and in their hand still. Via SBL and purposely ceased as substantial shh). Left right hand passing. Pandai PMX (PHBN).

It has been quite for many months. Quiet with less momentum is good for long term. Value investors will decide whether to invest in it or not to. Let's wait and see whether it will shine or not. My2c

Tekan minyak ba. Let's rock

@Investormy

Realistically, MRCB should be above RM1 soon. NTA is at RM1.03 and most main construction company is already above or nearing their NTA. Including WCT, Gamuda,

2 hours ago


Investormy

Big percentage gain in MRCB today because it is the cheapest laggard among all GLC construction company. A bargain now.

Nice @investormy
5148 already over its NTA. Laggard behind is this 1651.

Most importantly, avoid speculate, punt and contra. Investors will be safe if basic rules applied.

Slowly but surely.
Let's go.
Rock & roll.
Cheers to all of you guys who love 1651 so much.

I miss Rabbit & Shines kor. Karangan.

@JohnChew Madam Chew, you are still naive and childish as usual. You have never stop shouting like a mad dog since last year. I have been biting your tail since the last year, that's why you are chasing after me and bark as usual. We know you well, you are just a mad dog barking in the social media. Shame to your parents and your children, if you are married. Wish you good luck in all your investments especially in your Covered warrants.

Btw, don't act smart ya. You won't know what my investment plans are. But your shouting out loud already disclose your stress about 8877 and 1589, isn't it? Shout out loud and cry Pa cry Ma everyday, every scold "Paria", and now uturn again, cheong ah and keep telling other "I already said earlier, the target is this and that..." a full of BS fellow ^^. Diu Lian aka SIAN KA LIN ^^

Well, I know this Granite/Tebrau far before it was renamed to IWCity ya. Childish Madam Chew. ^_^

Cheers. Hope you can continue to shout out loud like a kid (immature kid) ^_^

Hope what I am saying didn't really "kena" you well (meaning, it is a fact, and it is true about you, admit it is it is true and stop barking like a mad dog).

P/s: Busy with works $$$ @ Not Trading/Punting/Shouting-waste time if keep on shouting, we are sharing knowledge, not shouting emotionally-waste precious time indeed, no time to entertain mad dog ^_^

My 2cents, no offence.

If anyone of you (investor) is worrying about PN17 to 1589? If so, stay out of 8877 also, it makes sense if it would be a chain effect and bring down the train. Else, be confident in your own judgement. Do not forget about Granite Bhd?

If worrying, safer bet and invest in 1651 for example, which asset value is still far distance from current price, if you compare with 5148 which current share price already surpassed its asset valu (not taking consideration of its RNAV). Right? Do homework and make decision. Do not contra and punt.

As usual. Beware of Para 8.03A.

Go for another alternative isn't it safer bet (fight) rathar than to see the same announcement on the first market day of the month for many years already? Eg, 8877? 1651? 5148? 3174?

However, if you would like to bet for Botak new restructure plan get a pass and on, then 1589's regularization plan will may also settled as it is mentioned in the proposal. The only thing is, if the new structure settled, 1589 public shareholding floats become less than 25%, it must always maintain at least 25% and above (public shareholders) else privatization will kick in. So, KPRJ has been selling hmmmm?

Harvesting time. 😘❤️

8877 0.525 also cleared. Strong.

Kai, slowly lah. You expect go green everyday non-stop? It's 100% impossible. Don't forget, there are so many contra players, punters, speculators, no holding power or with holding power but still wanna to trade for fast $, it won't go up straight line lah. Invest, don't punt don't contra. My2c.

V4E is right.
To me, it was moved up from 0.3 to the highest of RM1.0x then now still around 0.80, is already move up more than 200% liao!

Slowly. No rush. Won't sky rocket.

@Natsuko
Dear, ohhh, thanks for your words.... I am newbie and dunno anything, still need to learn from all of you (the seniors).
I am only keen in construction and property stocks.
Hope all of us (meaning you guys and myself) will make it HUAT one day in future.
You are great. Cheers.

Slowly but surely. She is coming (soon)?
Accumulate on dip.
Do not speculate, punt and contra (SPC).
Avoid using margin and loans.
Use hard-earned cash to invest.
Wish all of you guys HUAT soon. Cheers.

Urusharta left with 2.x% shares in hand. Mid last year, she (pretty) had lent out almost 4% of its shares to "investors" (undisclosed parties), via SBL. 6.x% to 2.x% ( < 5% ). These shares are still hanging out there, she is still earning interest from the SBL account (the borrowers paying it). Where are those shares? Why those shares are hanging out there for more than 1 year d and ... still?

5148 bb, hope you can be CHEONG in time to come (soon?)

Investment need to have lots of patience. There was an investor (one of them), who had invested in Nvidia 10years ago with USD$9000, 10yrs later, he or she reached (rich) US$2.5mil with the same number of shares she bought 10yrs ago. Things are fated. Investment hmmm. Quite similar. It is nothing to do with who could SHOUT OUT LOUD OR SCOLD LOUD then he or she can become rich.

My2c. No offence.

Wish all investors will be becoming richer soon. Cheers.

Relax. ❤️😘😍

@NatsukoMishima
Who buy the disposed shares from prasarana ???

KPRJ is selling its stake in hand when the share price is active.

From right hand to left hand.

At the same time, it reduces shareholdings in order to make the public shareholding % to be 25% or more. When public holdings reach 25%, then Botak restructuring plan will not having the 25% public Float issue and at the same time, it will try to settle the PARA8.03A (regularization plan to be approved by Bursa). I guess.

Wow. Limch bullish. Nice.

Kai, scolding again? Why and what for? Investment don't work like that (shout and scold then it will go up meh?) My2c

Dividend always around Oct.
0.13/0.135
Nice.
Slowly but surely.
If market doesn't go up, it may also going back to 0.10~0.11 with thin volume. Investors may not necessary wanna push it up, they may want to collect more at lower price instead.

Kai, investment leh. Buy on dip and relax ba

Lets GO.....

Back to 2021? I think it ever give up to 15% if based on that time share price was dropped to below RM 0.10. That's why in terms % dividend is siok.

Having said that, if started to accumulate last year when it was 0.10 & 0.11, capital appreciation reached 30% cum dividend 5% 6% 7% (if you had bought below 0.1 and hold till now, yes if you wanna to calculate based on your purchase price at 0.09? Wow, yes, dividend % will be much greater than current price of 0.135~). Value investment.

Do not speculate, punt and contra.
Avoid using margin and loans. Use cash to invest.

Wow. Bullrun168 u r here too?

This bb is slow, but it can hit 0.20, dunno when. It worth at least 0.20

Because of we got Bullrun168 leh

About 85% r instructional investors.

100mil shares traded.
Mostly buyers eaten sellers. Kuat

Yes. Wish all of you guys make big bucks. Congratulations. Keep fingers crossed.

Oh. 凯，not scolding already? Oooo

Strong

Engine started. Go

Be patience.

Invest. Try to avoid trading leh. Bahaya

@Nick, good sharing ya.
This bb had gone up from RM0.25 to as high as of RM1.00 before hitting 0.7. It had gone up more than 100% leh (if we based on 12 months historical data)
--------------------
To many investors' surprise, IWCity is the only company that printed a negative return on share price with a meagre -0.6% contraction. The average YTD return for companies with land banks in Iskandar Malaysia Region was +49.8% and even more on a 1-Year measurement.

Surging property prices in Johor as seen from recent transactions with KSL, Paragon Globe, Crescendo and AME Elite are some of the anecdotal evidence that land prices are indeed moving up. Hence, one needs to take a closer look at IWCity as it lags behind its peers by a far margin. Hence, an opportunity for the late comers to catch up with very low downside risks.
--------------------

Strong. Flushing out contra players/speculators, then push up. Kuat.

Buy on weakness. Do not speculate, punt and contra.
Use cash, avoid using margin & loan.

Buy on dip. Mid Long Term Investment.
No speculate, punt and contra.
Avoid using margin & loan.

Nice

Nice, surely agree. Good stock

Ya, patience is needed.

Long term still looks good.

Be patience.

Proposed dividend 0.7sen. Nice.
5.38% if share price is based on 0.13
good.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3451559

@Ron90

3 billion ringgit company but profit only peanuts $3 million.? .it's only 0.1%!.. when economy should hv been much better nowadays. they should get new CEO la. Revenue pun drop so much.

Ya. If you compare like this, it is indeed not too good... It is worse than a company for e.g, supplying Mixed Rice products' retail company... hihihi

Good game for 1651. 花无百日红。
Investment, it takes time to realize and getting handsome profits.
0.35 to 0.70 = 100% upside since last year. It is good already.
Be patience.

Slowly. Golden egg, take time leh

@prudentinvestor
MRCB pays too little dividend. Even if you have 100k shares, you get only RM1,000.

Pru, ya, 3174 better than this.

Buy on dip? Today can get some from those contra players who can't pick their shares bought few days ago?
Slowly but surely.
Do not speculate, punt and contra. Avoid using margin & loan facilities.
Wish all investors to earn some profits in time to come (regardless of big or small profit, most imptly is to gain from the $ invested.)
My2c.