Posted by stockmanmy > 2017-05-06 19:55 | Report Abuse

who will sell to you at $ 1.00?

Posted by cheoky > 2017-05-06 20:18 | Report Abuse

Like that is a ghost city

Posted by probability > 2017-05-06 20:33 | Report Abuse

i think it should be at the price before went up = 0.85 max.

now what im curious is..what will be the limit down price on Monday and what will happen if there are no buyers queing?

and imagine the same start to happen on Tuesday..
then wednesday...

and by the time it comes to Thursday..imagine they announced a reversal of the SSA?

really something to ponder and think well ahead.

instead of guessing the price...come out with valuation la..
dont waste blog space - your msg is not even worth in forums.

Posted by Hiu Chee Keong > 2017-05-06 20:39 | Report Abuse

Come out with a value ? Wake up la, nobody will able to come out with an value, market will come out with the value when we queue to buy and sell. You only can tell what price you willing to sell or buy, not come out with a value. That we leave it to experts.

Posted by stockmanmy > 2017-05-06 20:39 | Report Abuse

The merger is going ahead with or without Bandar Malaysia and they have fixed a price of $ 1.50 per Iwcity share for that.

It will take a bear market to see this going below $2.

Posted by probability > 2017-05-06 20:39 | Report Abuse

ok MMA fighter..i thought u are an expert.

Posted by dxbman > 2017-05-06 21:11 | Report Abuse

probability...you will find out there are idiots in the stock market who are willing to buy on Monday but the volume will be very small.

Wise man says "A fool and his money will soon parted"

Posted by cubic7117 > 2017-05-06 21:43 | Report Abuse

Keep buying with your last penny

Posted by Hiu Chee Keong > 2017-05-06 21:45 | Report Abuse

pamic selling is good time to bluff, remberred Ekovest fell about 0.3 in early trades bcosmof panic selling, then rebounded back in hour.

Posted by WavesRider > 2017-05-06 21:54 | Report Abuse

say monday opening at 2.16. im not good at prediction, i only good at pulling the trigger. but not this round, portfolio fund fully invested.

Posted by abang_misai > 2017-05-06 22:49 | Report Abuse

Ask KC the Kwai Lan for the explanation.

Posted by shortinvestor77 > 2017-05-06 22:52 | Report Abuse

IT MUST GO BACK TO WHERE IT IS FORM --- NEGATIVE TERRITORY --- LOSS MAKING ZONE

Posted by supersaiyan3 > 2017-05-06 23:27 | Report Abuse

I don't know nothing and i don't own any shares.

In my opinion, its still a mystery of what is actually happening.

On one side is "we paid", the other side say "you didn't pay", sounds a bit familiar har? I am very reluctant to discuss it that way, they may catch anybody who came out with a conspiracy theory.

Posted by red_85 > 2017-05-07 00:15 | Report Abuse

max 30% as expected...first day drop 30%, second day around 10%...it should be hover in 1.8 region before slowly go down to 1.5 .1.3

Posted by Apollo Ang > 2017-05-07 00:30 | Report Abuse

say is like that but don't think it will be like that.likely won't fall this much

Posted by Hiu Chee Keong > 2017-05-07 01:41 | Report Abuse

Apollo, even if you don't think it will fall that much, doesn't means you can't queue at that price. Who knows, if get it, take it as bonus, if not, there are still doznes of otehrs choices.

Posted by gohkimhock > 2017-05-07 02:27 | Report Abuse

Sad to see those who bought above RM3. Do they really know the intrinsic value of this company? Or they just buy bcos seeing others doing so?

Posted by Hiu Chee Keong > 2017-05-07 02:42 | Report Abuse

Gohkimhock, bcos one newspaper has expert valued it worths 4.50. But anyway, who would have thought that even with china fund, the deal was cancelled. But those brought above 3, now only can hope Lim can save the bandar malaysia deal.

Posted by Apollo Ang > 2017-05-07 02:42 | Report Abuse

no fundamentals and no such thing as intrinsic value in bursa, bursa is just a pump and dump market.they can do whatever they like.the sharks are the bookies.now they can make a single counter limit up or down in a matter of mins.it's up to them.

Posted by YF24 > 2017-05-07 05:50 | Report Abuse

may be limit up again : )
malaysia boleh land

Posted by jack2 > 2017-05-07 09:11 | Report Abuse

based on fundamental and property market sentiment, below 1.0

Posted by ytk666 > 2017-05-07 10:16 | Report Abuse

If really that bad, morning limit down 30%, another limit down 30% at afternoon.

Posted by r°Moi > 2017-05-07 11:54 | Report Abuse

.



No Bandar Malaysia... only Johor lands... another UEMS?



Discount to RNAV... 70%?



Or maybe worst...


Only Johor lands..


No more state or individual China investors... no more


Only Johor lands...


.

Posted by LA777 > 2017-05-07 13:04 | Report Abuse

Pity for those who are still holding IWCITY, just hope it doesn't go down to RM1.

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??