Posted by LA777 > 2017-05-07 13:07 | Report Abuse

I was lucky to sold half of my holding on Ekovest at rm 1.44, and now waiting to re-enter again when it's P/E reach 12.

Posted by Hiu Chee Keong > 2017-05-07 13:27 | Report Abuse

Yes, beside iwcity, is interesting to see how ekovest on monday. I will queue ekovest at 1.00 again. Last week just 0.01 away.

Posted by followind > 2017-05-07 13:29 | Report Abuse

http://www.theedgemarkets.com/article/uob-kay-hian-expects-iwcity-s-shares-plunge-bandar-malaysia-sale-termination

Without Bandar Malaysia, UOB still give IWCITY TP = RM5.10.

If possible, I will wait RM1.50, see can get or not.

Posted by Hiu Chee Keong > 2017-05-07 13:49 | Report Abuse

Followind, 5.10, interesting. I think 1.5 is reasonable as the share swap price at 1.50, but it needs to hit limit dowm three times first.
Last time b4 bandar malaysia was cancelled, one resaerch house valued it at 4.50, now without bandar malaysia, and the total land also reduce about 10% compare to their first announcement of the merge, now one valued it at 5.10, that's interesting. But i guess no at this uncertain time, hard to find buyer at above 2.20.

Posted by Hiu Chee Keong > 2017-05-07 13:51 | Report Abuse

Maybe lim will go in and buy his own shares ........hopefully .., then those get in at above 3 can get out.

Posted by Tom > 2017-05-07 13:53 | Report Abuse

I give it 1.2

Posted by Hiu Chee Keong > 2017-05-07 14:02 | Report Abuse

Followind, i see, after reading your link, the 5.10 is the total land market value the company holds, b4 given discount, and hasn't taken in the debt they owed.

Posted by Annetan > 2017-05-07 14:17 | Report Abuse

It's been implemented quite a long time ago by bursa that any counter can go max of one limit down/up a day

Posted by Hiu Chee Keong > 2017-05-07 14:46 | Report Abuse

Annetan, one only ? I thought twice. First hit, it stop trading for hours, then 2nd hit, it stop trading for that day. But i wonder, let say if the first queue buy trade already hit 50% down, it is consider hit one or hit two limit down.
But to prevent that, one can go in at early morning when the volumn is still low, and buy at high price. Even if just one lot done at high price, it will prevent the stock fall two limit down at once in morning session.

Posted by Mohd Fahmi Bin Jaes > 2017-05-07 17:11 | Report Abuse

0.86

Posted by stockmanmy > 2017-05-07 17:30 | Report Abuse

according to the Edge pg 69, the sale of land to Greenland generates profits of $ 1.4 billion or $ 1.89 per share. according to same article, IWC has finally secured first payment......

Posted by greatful > 2017-05-07 18:05 | Report Abuse

1.00 is impossible for 1st day because limit down still above 1.00. 2nd day is possible. Too uncertain on the deal. Better wait to see if really want to buy.

Posted by cooling > 2017-05-07 18:15 | Report Abuse

uobkayhian want to sell all their iwcity sure tell you TP5.10 hahah...only sorchai will buy on Monday

Posted by Pusher_Punisher > 2017-05-07 18:44 | Report Abuse

what a joke uob valuation.. bursa turn into circus already ka?

Posted by pussycats > 2017-05-07 19:21 | Report Abuse

interesting... I will queue below Rm1

Posted by stockmanmy > 2017-05-07 19:25 | Report Abuse

according to the Edge pg 69, the sale of land to Greenland generates profits of $ 1.4 billion or $ 1.89 per share. according to same article, IWC has finally secured first payment......announcement



http://www.bursamalaysia.com/market/listed-companies/company-announcements/5420533

Posted by stockmanmy > 2017-05-07 19:26 | Report Abuse

rushed out just in time. So how?

Posted by Hiu Chee Keong > 2017-05-07 19:29 | Report Abuse

Uob only said the land value at market price is 5.10 per-share, not TP. land value didn't take into consideration the debt the company owed. Like if you own an 1 million house at market price, didn't mean you worth 1million, could be taht you owe bank 900k, so you only net worth 100k.

Posted by stockmanmy > 2017-05-07 19:36 | Report Abuse

They planned every thing to perfection. Next week supposed to be very good week for them

Signed IWC /IWH agreement
signed supplement agreement with Greenland re $ 2.1 billion sale and first payments.

but Najib decides to cancel their Bandar Malaysia.

Posted by Hiu Chee Keong > 2017-05-07 19:42 | Report Abuse

I try queue just now, ithe system said bcos of limit down, 2.16 is the lowest i can queue. i guess it will hit 2.20 tomorrow morning session. probably will end at about 1.8 - 2.2 at first day. If you want to queue at below 1.5, have to wait for 2nd day. By wednesday, there might be some surprising news as china representatives are coming to discuss this with the government. Share holder might want to hold it until then, then only decide the next move.

Posted by John Lu > 2017-05-07 19:57 | Report Abuse

IWCity..i wait at 0.50

Posted by Apollo Ang > 2017-05-07 20:25 | Report Abuse

when IWCity can 0.50cts?

Posted by LA777 > 2017-05-07 20:25 | Report Abuse

Hahaha, I prefer dnex and aax than iwcity at the moment.

Posted by Hiu Chee Keong > 2017-05-07 20:41 | Report Abuse

John Lu, 0.50 possible if the north korea fat boy fire missile at seoul or US warship. but who knows, both trump and fat boy are crazy :)

Posted by OrlandoOil > 2017-05-07 20:43 | Report Abuse

Wil d whole market collapse tomorrow?

Posted by OrlandoOil > 2017-05-07 20:47 | Report Abuse

Reported Najib was on his to Bandar Malaysia function thn was inform last minute d whole deal cancelled Who is in charge now actually??

Posted by paperplane2016 > 2017-05-07 20:54 | Report Abuse

Worth nothing. Piece of toilet paper?

Posted by Hiu Chee Keong > 2017-05-07 20:56 | Report Abuse

OrlandoOil, yes, that's weird, seems like even najid didnt know upfront,

Posted by OrlandoOil > 2017-05-07 20:57 | Report Abuse

Yes Najib oso surprise so who is actually in charge now?

Posted by Hiu Chee Keong > 2017-05-07 20:58 | Report Abuse

Stockmanny, the sale wont help much, iwc iwh still in buge debt.

Posted by limch > 2017-05-07 21:03 | Report Abuse

Arul Kanda(former 1MDB CEO) select 1.

Posted by Hiu Chee Keong > May 7, 2017 08:56 PM | Report Abuse
OrlandoOil, yes, that's weird, seems like even najid didnt know upfront,

Posted by stockmanmy > 2017-05-07 21:08 | Report Abuse

good observation

OrlandoOil > May 7, 2017 08:47 PM | Report Abuse

Reported Najib was on his to Bandar Malaysia function thn was inform last minute d whole deal cancelled Who is in charge now actually??

Posted by OrlandoOil > 2017-05-07 21:09 | Report Abuse

Najib is no 1 how come didn't know?

Posted by stockmanmy > 2017-05-07 21:09 | Report Abuse

Arul Kanda is the real King?

Posted by pakatan_harapan2 > 2017-05-07 21:15 | Report Abuse

A change of govn in GE 14 is good. Too many incapable people run our country badly.

Posted by pakatan_harapan2 > 2017-05-07 21:16 | Report Abuse

Corruption? Stupidity?

Posted by OrlandoOil > May 7, 2017 09:09 PM | Report Abuse
Najib is no 1 how come didn't know?

Posted by kkteng70 > 2017-05-07 21:18 | Report Abuse

how bad will be tomorrow ?

Posted by stockmanmy > 2017-05-07 21:19 | Report Abuse

Lim Long Kang is history

Posted by binabini > 2017-05-08 07:29 | Report Abuse

I bought at 0.89 because I thought that's what it was worth. Never thought it would go above 1.00

Posted by binabini > 2017-05-08 07:31 | Report Abuse

Malaysian Chinese go for win-win. But Communist China psychology different lah.

Posted by binabini > 2017-05-08 07:34 | Report Abuse

Heard that land not suitable, in current state, for development. That's why China back out. Grossly underestimated development costs because of this. Seller forgot to inform.

Posted by Hiu Chee Keong > 2017-05-08 08:41 | Report Abuse

Wow, today monday 8.30pm, already 240k shares queue buy at limit down 2.16 price.

Posted by speakup > 2017-05-08 09:22 | Report Abuse

limit down 2.16
expected to limit down again after lunch
and another limit down tomorrow morning.

TRIPLE LIMIT DOWN.

Posted by paperplane2016 > 2017-05-08 09:57 | Report Abuse

Die liao

Posted by dusti > 2017-05-08 10:20 | Report Abuse

pakatan_harapan2 share your views. Make sure you go out to vote. Important, suspect some strangers may be voting too.
IWCITY can spring back. Watch closely to grab some, then buy me a cup of good coffee! Good luck all!

Posted by shunfeng2032 > 2017-05-08 10:38 | Report Abuse

Don't worry, don't panic. support level at 1.75.

Posted by cheoky > 2017-05-08 10:40 | Report Abuse

dont touch it, then no worry, no panic. Touching it can give you superb return?

Posted by pussycats > 2017-05-08 11:49 | Report Abuse

cheoky→ dont touch it, then no worry, no panic. Touching it can give you superb return?
08/05/2017 10:40

...........................
pussycats → can make money if get it at a bargain price la. ;-D

Posted by LA777 > 2017-05-08 14:27 | Report Abuse

I will feel guilty if I gain from it at a bargain price.

Posted by pussycats > 2017-05-08 15:26 | Report Abuse

Don't feel guilty la LA777 if u gain from it at a bargain price.

I sometimes lose & other people buy at my bargain price. I also don't feel angry about it. This stock market is not like human love relationship game. Playing stock market does not involve love, hate, angry, like, envy, & jealousy feelings lah. Stock market is just to make or lose money game.