ISKANDAR WATERFRONT CITY BERHAD

KLSE (MYR): IWCITY (1589)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.58

Today's Change

+0.01 (1.75%)

Day's Change

0.575 - 0.59

Trading Volume

5,213,900


30 people like this.

34,597 comment(s). Last comment by Viable4Everything 1 day ago

aiaili

3,184 posts

Posted by aiaili > 2020-07-22 09:45 | Report Abuse

lol..

aiaili

3,184 posts

Posted by aiaili > 2020-07-22 09:52 | Report Abuse

construction counters rallye, 总有一天等到你 lol..

aiaili

3,184 posts

Posted by aiaili > 2020-07-22 16:55 | Report Abuse

MELAKA (July 22): The Melaka state government has identified a new site for a Kuala Lumpur-Singapore high-speed rail (HSR) station which was previously planned for Ayer Keroh.

According to Public Works, Transport, Public Amenities and Infrastructure Committee chairman Datuk Roslan Ahmad, it will be located near the Green City, and between Mukim Durian Tunggal (an Alor Gajah subdistrict) and Mukim Ayer Panas (a Jasin subdistrict).

He said the alignment revision under HSR2.0 is to avoid high-density places and a great deal of land reclamation — involving high-value areas as well — in order to reduce the cost of the project.

“The HSR2.0 project in Melaka involves a 60km track, and we are given to understand that Malaysia and Singapore have agreed to extend the discussion period to Dec 31,” he told reporters after a Melaka State Legislative Assembly sitting today where Datuk Zaidi Attan (BN-Serkam) raised an oral question about the HSR2.0 project.

Roslan said that under HSR2.0, the number of stations had been reduced to five from seven earlier, and their design had been standardised.

“I can’t disclose the amount allocated at this time because it is based on the acquisition method via a competitive tendering process,” he said.

aiaili

3,184 posts

Posted by aiaili > 2020-07-22 17:17 | Report Abuse

The Penang Transport Master Plan: Penang government website

KUALA LUMPUR: UOB Kay Hian Malaysia Research expects contractors’ earnings to pick up gradually from mid-3Q20 onwards from the low base in 1H20 following the prolonged Movement Control Order (MCO) which began on March 18.

It said on Wednesday the MCO ruling has resulted in contractors reporting lower earnings (YoY) in 2020 amid the absence of construction activities.

“On a brighter note, the current government has re-iterated the resumption of approved projects like East Coast Rail Line (ECRL) and Pan Borneo Highway (PBH) in an effort to drive the economy.

“We expect the government to subsequently resume other long-awaited mega projects as well. In 2H20, we expect ECRL contract awards to intensify, while the Rapid Transit System (RTS) should be finalised in July, ” it said.

To recap, the research house said the KL Construction Index has underperformed the market thus far, plunging 18% year-to-date on the high-base effect in 2019, while the absence of rerating catalyst and sluggish sector earnings due to the pandemic also led to the KLCON Index underperforming.

Under its coverage, almost all contractors’ 1Q20 earnings missed expectations due to the MCO implementation, which resulted in slower progress billings.

UOB Kay Hian Research said the current government is committed to resuming approved mega project in an effort to drive economic growth.

The government reiterated the implementation of projects such as the ECRL and MRT2 projects, as well as approved projects earmarked under the last Budget 2020 (ie PBH Sabah).

“However, we expect the government to award these contracts in phases starting from 2H20 (instead of in one go), which probably will not excite the sector, ” it said.

The research house expects both Malaysia and Singapore governments to announce the resumption of Rapid Transit System (RTS) by end-July 2020 as both parties are finalising the negotiations (bilateral agreement, JV agreement and concession agreement).

In Penang, SRS Consortium has finally inked the master agreement with the Penang Government early in July to be officially appointed as the project delivery partner (PDP) for the RM32bil Penang Transport Master Plan (PTMP).

“The completion progress to date for the Pan Borneo Highway (PBH) for Sabah and Sarawak currently stand at 32% and 52% respectively (that is, on schedule).

Separately, the Sarawak state government has allocated RM1bil for three state constituencies in northern Sarawak which are earmarked for water supply projects, repair of old bridges, construction of new bridges, repair of longhouses, and rural electrification schemes.

The research house prefers contractors from the small/mid-cap space who with a strong track record with lean operating structure, are the frontrunner to clinch the revived projects, and are companies with sustainable earnings growth. Our top picks are Gabungan AQRS and Kerjaya Prospek Group.

Meanwhile, Gamuda has finally inked the long-awaited PTMP agreement on July 1.

“We upgrade Gamuda to Hold (from Sell) after its share price retraced by more than 10% after the signing announcement due to lingering uncertainty over the PTMP project, ” it said.

aiaili

3,184 posts

Posted by aiaili > 2020-07-22 17:32 | Report Abuse

construction theme will take over all the sectors coming soon, said by uncle lol..

linheng

1,365 posts

Posted by linheng > 2020-07-22 20:13 | Report Abuse

Payment allowed to be deferred till April 2021

wantousek

533 posts

Posted by wantousek > 2020-07-22 20:44 | Report Abuse

IWC != IWH.....

sengkee

2,060 posts

Posted by sengkee > 2020-07-22 21:24 | Report Abuse

Tomorrow can up 10 sen?

linheng

1,365 posts

Posted by linheng > 2020-07-23 06:30 | Report Abuse

Finance Minister allow IWCity & China Railway consortium to defer payment of next installment of deposit till April 2021.
This confirm that Bdr Malaysia is still on. With HSR also on, there should be upside

khpwwl

3,426 posts

Posted by khpwwl > 2020-07-23 11:34 | Report Abuse

without BM proj...Ecohld is same with iwcity...iwcity really undervalue

TokAbah

1,205 posts

Posted by TokAbah > 2020-07-23 15:43 | Report Abuse

This stock shd be above RM1 any time soon. Too undervalued lorrr. With Bandar Malaysia, RtS, HSR super mega project all in pipeline already.

SWT1988

1,340 posts

Posted by SWT1988 > 2020-07-23 19:57 | Report Abuse

Let c tomorrow will touch 0.70 or not

Posted by Akukakijudi > 2020-07-23 19:59 | Report Abuse

Tika linggit

Pershing

214 posts

Posted by Pershing > 2020-07-23 20:17 | Report Abuse

Unlikely IWH can pay, economic scenarios has change (all international and local companies has no plan to expand what more buying new offices) and don't speculate they will inject to IWC if any. It's better to buy once comfirm, during limit up..pay extra 30sen then stuck here forever.

JayBee

10 posts

Posted by JayBee > 2020-07-23 20:39 | Report Abuse

Anyone have Botak's email, want to complaint about their Danga Sutera projects in JB

aiaili

3,184 posts

Posted by aiaili > 2020-07-23 21:46 | Report Abuse

trust me, we r getting to see fly day again tomorrow, by the way just had a dinner with my uncle lol..

Pershing

214 posts

Posted by Pershing > 2020-07-24 00:53 | Report Abuse

So many limit up stocks you can choose then this under performer iwc, what is there 30sen or 60sen up, if you have to wait 2-3 years. Tun also no more there. I don't think construction going to pick up this year while we still struggling with covid, consumer spending and fragile government.

mf

28,455 posts

Posted by mf > 2020-07-24 01:07 | Report Abuse

New York Gov. Andrew Cuomo says coronavirus infections among young people are on the rise
PUBLISHED THU, JUL 23 202012:53 PM EDT

khpwwl

3,426 posts

Posted by khpwwl > 2020-07-24 08:56 | Report Abuse

bye bye botak's counter...i put this into the fridge...if you wanna to goreng i will sell to u, otherwise just treated as FD...

Posted by newcomer1388 > 2020-07-26 22:10 | Report Abuse

worst counter ive ever touched... damn it

luvmoney

50 posts

Posted by luvmoney > 2020-07-26 23:07 | Report Abuse

Trust botak because he like nasi goreng so we just waiting him for goreng

Posted by Akukakijudi > 2020-07-27 11:12 | Report Abuse

This is the best gambling counter. Just that casino still close. Hehe

Pershing

214 posts

Posted by Pershing > 2020-07-27 17:27 | Report Abuse

Probably he has to defer BM another 3 to 5 yrs

Posted by khatulistiwa1234 > 2020-07-28 09:57 | Report Abuse

COUNT DOWN TO SHOOT .

Posted by khatulistiwa1234 > 2020-07-28 09:58 | Report Abuse

WAVE ON WEDGE

TokAbah

1,205 posts

Posted by TokAbah > 2020-07-28 10:42 | Report Abuse

This Botak related to Ah Jib Gor. If court verdict favor to Ah Jib Gor means this Iwcity will flyyyy

Posted by khatulistiwa1234 > 2020-07-28 12:11 | Report Abuse

RUMOUR GREAT say , LIMIT UP shortward .

Posted by khatulistiwa1234 > 2020-07-28 17:13 | Report Abuse

WILL BOUNCE BACK , due to BM shadow is BOARD CAST in OFF SHORE eyesight .

Posted by khatulistiwa1234 > 2020-07-28 17:23 | Report Abuse

BOTAK grow hair lately , PM muhyiddin , ONE GANG member , HOLE sharing .

Posted by khatulistiwa1234 > 2020-07-28 17:23 | Report Abuse

Single golf fancy .

Posted by khatulistiwa1234 > 2020-07-28 17:24 | Report Abuse

Golfe select counter .

Posted by khatulistiwa1234 > 2020-07-28 21:56 |

Post removed.Why?

Posted by khatulistiwa1234 > 2020-07-28 21:57 | Report Abuse

Revenged on MUNGKIR JANJI .

Posted by khatulistiwa1234 > 2020-07-28 21:59 |

Post removed.Why?

Posted by khatulistiwa1234 > 2020-07-28 22:03 | Report Abuse

WAR ON PN .

Posted by khatulistiwa1234 > 2020-07-28 22:03 | Report Abuse

Changed government soon .

Posted by khatulistiwa1234 > 2020-07-28 22:04 | Report Abuse

UMNO dating with Muyhiddin group since catastrophe done , BAD DAY for PN continue operation , will crashed , separate each others , fire off episode done .

Posted by khatulistiwa1234 > 2020-07-28 22:08 | Report Abuse

Third party involve the result , possible old horse action .

linheng

1,365 posts

Posted by linheng > 2020-07-29 06:30 | Report Abuse

JB HSR signing tmrw 30th July. This should benefit IWcity
Iskandar JB land bank value immediately. Why share price stagnant?

Posted by Akukakijudi > 2020-07-29 09:35 | Report Abuse

Wishful thinking

Posted by khatulistiwa1234 > 2020-07-29 11:09 | Report Abuse

After 12.00 , helicopter up foreseen , SINGAPORE RAIL WAY is sign between SINGAPORE AND US , tomorrow , will SPICY HOT the condition , WAKE UP is result .

Posted by khatulistiwa1234 > 2020-07-29 15:06 | Report Abuse

PM being positive elements on ore economic , bound to century GREEN .

Posted by khatulistiwa1234 > 2020-07-29 15:07 | Report Abuse

index GAP UP 80 point per days .

Posted by khatulistiwa1234 > 2020-07-29 15:55 | Report Abuse

Pretend , whole day stagnant , but after 4.30 , this stock will MERCURY RISING , prepared the century BULL on tomorrow .

Posted by khatulistiwa1234 > 2020-07-29 16:58 | Report Abuse

BUY AIRASIA better , it can FLY , this once , not wing , how to fly , KIPAS possible fitted , can blow wind , fresh air only , enjoy the cool air .

linheng

1,365 posts

Posted by linheng > 2020-07-29 22:29 | Report Abuse

Malaysia, Singapore to 'seal' RTS agreement on Johor Causeway tomorrow
Bernama
/
Bernama

July 29, 2020 20:13 pm +08

linheng

1,365 posts

Posted by linheng > 2020-07-29 22:30 | Report Abuse

Sure Fly tomorrow

TokAbah

1,205 posts

Posted by TokAbah > 2020-07-30 00:03 | Report Abuse

Construction which related to RTS will surely flyy tommorow lor. PM Muhyiddin will have meeting with his spore counterpart tommorow. Sultan of Johor also has given his consent on thi project and urged the Gahment to kick off project without prejudice. It is a BUY call for IWcity lorrr

linheng

1,365 posts

Posted by linheng > 2020-07-30 03:14 | Report Abuse

JOHOR BAHRU (July 29): Tomorrow, the Johor Causeway will once again become the location for a symbolic agreement between Malaysia and Singapore, to proceed with the Rapid Transit System (RTS) project connecting Johor and the republic.

The Causeway was also the venue for a historic meeting on Sunday when Foreign Minister Datuk Seri Hishammuddin Tun Hussein and his Singaporean counterpart Dr Vivian Balakrisnan met and agreed on cross-border travel between the two countries.

Tomorrow’s meeting is considered historic and symbolic as this will be the first time Prime Minister Tan Sri Muhyddin Yassin will be meeting Singapore Prime Minister Lee Hsien Loong on the Johor causeway.

This will also be their first face-to-face meeting since Muhyiddin was appointed as the 8th Prime Minister on March 1, while Lee himself was just sworn in for another term as Prime Minister on July 27, following the victory of his party, People’s Action Party (PAP), in the recent general election.

After three postponements, Malaysia and Singapore are expected to finally agree to proceed with the RTS construction tomorrow.

RTS, a four-kilometre line connecting Bukit Chagar in Johor Bahru and Woodlands in Singapore, will help reduce congestion on the Johor Causeway, which has been listed as one of the busiest land border crossings in the world.

Before the Movement Control Order (MCO) was implemented on March 18, the Johor Causeway was used by about 350,000 travellers daily.

The RTS project has gone through a series of discussions under three Malaysian Prime Ministers and is expected to cost about RM3.7 billion, with the specifications having been agreed upon by Malaysia and Singapore.

The two-phase project is expected to begin in 2021 and be completed by the end of 2026.

Post a Comment
Market Buzz