ocpd - So where is the source of incomes Catcha Media can get from , and how much per annum / PE ratio?

I am want to know who actual own iproperty Group ASX , Catcha Media Bhd or Catcha Group?

Catcha Media Bhd & Catcha group are to different group?

How own IPropery Group in Australia.

KUALA LUMPUR: iProperty Group Ltd, listed on the Australian stock exchange, is now a RM1 billion company but the key challenge remains - to turn around its business.

The Kuala Lumpur-based iProperty, founded and controlled by online investment firm Catcha Group, owns and operates several property websites in Asia.

However, it has been incurring losses since it was listed in 2007. Between 2008 and 2012, it posted losses in the range of A$719,000 to A$2.94 million (RM2.1 million to RM8.8 million).

Year-on-year, growth in earnings per share excluding extraordinary items dropped 31.84 per cent.




iProperty operates property portals in Malaysia, Indonesia, Hong Kong, Macau and Singapore, and has investments in India and Philippines.

While net profit from the Malaysian property portal increased from A$3.2 million in 2011 to A$3.4 million last year, its business in Singapore and Indonesia recorded losses.

Analysts said that as a group, iProperty is on the right track to churn in long-term profits.

As at November 7, the market capitalisation of iProperty was at RM1.07 billion, 15 times its original size.

iProperty was floated on the Australian Securities Exchange in September 2007 at A$0.25 per share. Its market cap then was A$25 million.

The stock recently touched A$2, giving an eight-time return to shareholders.

Catcha Group said that iProperty's online advertising business has expanded over the last six years.

iProperty now serves over 4.1 million property seekers per month and works with more than 20,000 real estate agents and 300 property developers across Asia.

It was reported that Catcha Group will invest some US$150 million (RM478.5 million) in online businesses in the Asean region over the next five years.

Its group chief executive officer Patrick Grove had said that Catcha Group's investment approach is to invest in and accelerate Internet companies.

Finally up break RM1.00 soon

You are good - where do you source your new & event ? I could not find the associates list in Australia - under what name which market capital of 1 Billion? As I say they got good shareholder & directors in the Company.

Good showing today, next year good year to textile industries

Target Price ?? .40 cent

what does is mean - good or not good , I reminder DIGI was also lossing money when it first listed in KLSE.

Pintaras only move this year, I kept the stock for 15 years never ever reach Rm2000.00 only after I sold at being of the year is keep going up. You never know when the share will go up even show good earning.

Catcha have quality directors and shareholders . business sometimes depand of ecomonic cycle , vision and forsignt of the CEO. This is their first resturcturing exerise , we shall wait and see their perfornance.

Loss making company, director are helpless

Catcha only finish their restructuring in Oct 2013, you cannot use the past result to compare. we can only know the true result after the next 6 to 9 months. Grand Flo enjoy rapid growth for pass few years now suddenly report loss, can you explain?

Some company deferred report their profit to keep the price down so that they can slow collect from the market, just look at HL Capital , keeping the profit low for years now push up the shares prices and report good profit. from as low at Rm1.20b to today at RN9.30 just a period of one year!!

Their investment in iCar Asia's shares price is more than the mkt capital of Catcha, is they disposal the icar we can get more than a dollar back.

The market value of iCar Asia’s shares held by Catcha Media, which is quoted in ASX, is
approximately RM127.701 million as at 30 September 2013

iProperty Group Ltd, listed on the Australian stock exchange, is now a RM1bn company but the key challenge remains - to turn around its business. The Kuala Lumpur-based iProperty, founded and controlled by online investment firm Catcha Group, owns and operates several property websites in Asia. However, it has been incurring losses since it was listed in 2007. Between 2008 and 2012, it posted losses in the range of A$719,000 to A$2.94m (RM2.1m-RM8.8m). Growth in earnings per share excluding extraordinary items dropped 31.8% yoy.

Catcha Group said that iProperty's online advertising business has expanded over the last six years. iProperty now serves over 4.1m property seekers per month and works with more than 20,000 real estate agents and 300 property developers across Asia. (BT)

As long as the business is intact the losses may be temporary , Catcha takeover say.com only completed in 8th Oct 2013, Result can only be shown the next quarter . Happy Trading Haikeyila

There are many reason why directors selling their shares - most directors have high borrowing they need to redeem their loan, in some case they sell in their share to deceive that the company is not doing well , but in fact he is buying more than what he sell but under third party account. Some sell their shares and hope to buy back at a low price without loss control of the company.

keep dropping runnnnning

net loss

today i bought @.72 hope tmr announce good result

go to "mudah.com.my" and place your advertise - you have properties, car, job any mony more etc

Just estimate figure some are free advertisement given to personal , ie each person can advertise one item for 3 months for free. for companies of multiple advertisement they charges a block of RM100.00 for 20 items, some companies have fast moving items they replacement will be charges at RM5.00 per item they may advertise as much as 1000 item per mths., Carlist charges RM100.00 per advert. How is the charges by Catcha?

Huge volume good sign

Profit at RM4.579 Million is within expectationion

LowYat net charges Rm100.00 for 20 advert. Average 3 millions advert = 15 million per month income that great, How is catcha charges and average income ?

why so late pay dividend

Mati aleady - change Chairman to Chairwoman no clean record

I heard market going tp clash next year? any truth?

what the profit like?

There is no real value for ASB, Directors want into herbitation, nobody know when he will be waking up. I have being keeping the shares for yearsssssssssss

slowly going up good sign , hope announce good result next week

see result this month then decide

what will be the project profit , anyone know?

High setup cost, just like telco huge capital expenditure , now profit keep rolling in for telco after writing off the setup cost. This is their accounting practice. Like you developed a software you incurred initial cost, after that whatever you sell is pure profit.

The new RM1 billion company?
In many cases, I would use market capitalisation to value a company's worth. After all, it is best to evaluate how much the market values a company assuming that the market is efficient - hence the efficient market hypothesis.

However, we know that market is not always efficient. In fact, it is not efficient a lot of times, and we take advantage of that.

I have just read that iProperty, the invested company by Catcha has just gone past RM1billion in market cap. Is it worth that much? Now, my question is that is has been a business that has been operating for quite some years, and in fact has been listed since 2007 in ASX. I don't remember it makes money in any particular year and in fact look at its accumulated losses.



The latest 6 months P&L reads as such...


To me, this is not a company that can be worth RM1 billion - in fact very very far unlike Jobstreet and MYEG. Those 2 are really in their own league, but iProperty is not. IProperty has a decent number of competitors whom may be competing very hard such as www.propertyguru.com.my, www.mudah.my. In properties, sellers, agents are posting up units for sale for free - unlike a job website. I really can't see much that to be as valuable as it is mentioned what is provided by the market.

looksee, u get news from where any I know?

Today shoot up RM.84

today up again good sign

good support level before moving up again

today Hovid no volume market quite

today quite

Good

Loss money how to go up?

Do worry David also need some money, have to sell some shares to cover his loan.

Director is selling cannot go up much at this moment

I mean Director the have to place out some of his shares about 5 to 10% at certian value to the syndicate but still hold controling interest , Other wise the syndicate will have no shares to play, how to create volume?

When Directors disposal shares it mean positive sign he is placing shares out for investors to play, when director start to buy own share you better run.

MPI also semi conductor company may switch product similar to Inari since profit is good, than gone case lah Inari?

Anybody attended the AGM. any command from the minor shareholder. why company still losing money?