Posted by amircesc4 > 2020-09-08 09:15 | Report Abuse

HAHAHA

Posted by Jeffreyteck > 2020-09-08 09:21 | Report Abuse

Goreng goreng, jangan tak goreng. After that afraid of inflow second home foreigners etc. LT negative, ST goreng. Next 30 years is unlikely to receive dividend equivalent to amount invested today @0.605 but goreng may get capital gain if lucky.

Posted by khpwwl > 2020-09-08 10:37 | Report Abuse

see...botak is playing u all....hahaha............

Posted by wantousek > 2020-09-08 11:26 | Report Abuse

Hahaha as expected again pancut awal from 65c drop to 58c.. cant even maintain at 60c

Posted by khpwwl > 2020-09-08 11:46 | Report Abuse

ya...just playing in btw 0.580-0.625 few round, botak earn sikit sikit jadi banyak....

Posted by hng33 > 2020-09-08 16:01 | Report Abuse

Iwcity landbank are all located in prime either seafronting or riverfronting near causeway, about 5 min from recent approved RTS station. With RTS linking direct to Singapore, it will boost surrounding development.

Iwcity land disposal worth RM 2.3 billion still ongoing, on staggering basis to unlock land value forward.

Posted by hng33 > 2020-09-08 19:40 | Report Abuse

IWH takes cognizance of Ekovest as being one of its long-term trusted business partners that has the necessary skills and technical know-how to undertake largescale infrastructure developments. The Bandar Malaysia Project is a prime national economic project, in which Ekovest’s direct participation and investment in IWH-CREC will potentially generate billions in order book sales arising from future infrastructure and development of Bandar Malaysia, which has an estimated gross development value (GDV) of approximately RM140 billion.

Posted by aiaili > 2020-09-08 21:29 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/09/08/ekovest-in-exclusive-talks-to-buy-iwh039s-stake-in-bandar-malaysia-project

Posted by aiaili > 2020-09-08 21:29 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/09/08/ekovest-in-exclusive-talks-to-buy-iwh039s-stake-in-bandar-malaysia-project

Posted by aiaili > 2020-09-08 21:40 | Report Abuse

@PrimarisMarine, iwh got any related to iwct and ekov huh..?

Posted by aiaili > 2020-09-08 21:40 | Report Abuse

lol..

Posted by aiaili > 2020-09-08 21:41 | Report Abuse

more and more good news to come, uncle says

Posted by aiaili > 2020-09-08 21:41 | Report Abuse

btw, just had a dinner with uncle lol..

Posted by Fong Kh > 2020-09-08 21:42 | Report Abuse

Pump in money from ekovest into iwh kot

Posted by Jeffreyteck > 2020-09-09 08:12 | Report Abuse

Goreng goreng, left to right, right to left. One thing for sure, management and bod are the happiest.

Posted by khpwwl > 2020-09-09 09:12 | Report Abuse

ecareful.... “毒”家新闻。。。。

Posted by kasim > 2020-09-09 09:42 | Report Abuse

IWH is 63% controlled by Ekovest chairman Tan Sri Lim Kang Hoo, while the Johor state government's Kumpulan Prasarana Rakyat Johor Sdn Bhd holds the remaining 37%.

Posted by Plantermen > 2020-09-09 09:47 | Report Abuse

Using Ekovest as a bailout for IWC

Posted by SWT1988 > 2020-09-09 09:48 | Report Abuse

Look like IWCITY is waiting for EKOVEST to catch up. Just watch the drama.

Posted by kasim > 2020-09-09 09:56 | Report Abuse

Ekovest's announcement comes less than two months after it was revealed that TRX City, an indirect wholly-owned unit of Malaysia's Ministry of Finance, had given IWC-CREC a four-and-a-half-month extension to pay the balance RM1.1 billion upfront deposit for the stake buy.

Posted by kasim > 2020-09-09 09:56 | Report Abuse

IWH takes cognizance of Ekovest as being one of its long-term trusted business partners that has the necessary skills and technical know-how to undertake largescale infrastructure developments. The Bandar Malaysia project is a prime national economic project, in which Ekovest’s direct participation and investment in IWH-CREC will potentially generate billions in order book sales arising from future infrastructure and development of Bandar Malaysia, which has an estimated gross development value (GDV) of approximately RM140 billion," said Ekovest, adding the outcome of the negotiation will be announced in due course

Posted by hng33 > 2020-09-09 10:03 | Report Abuse

Key word 'billions in order book'

Posted by henry888 > 2020-09-09 13:42 | Report Abuse

@hng..so, should buy Ekovest or IW city ? Thanks.

Posted by hng33 > 2020-09-09 13:50 | Report Abuse

Iwcity, IWH, Ekovest, all are interlink sister company, with past record to take over Iwcity as RM 1.50.

Posted by tkl88 > 2020-09-09 17:27 | Report Abuse

BNM seen making final 25bps OPR cut as early as September — DBS
Chong Jin Hun / theedgemarkets.com
August 31, 2020 13:15 pm +08

https://www.theedgemarkets.com/article/bnm-seen-making-final-25bps-opr-cut-early-september-%E2%80%94-dbs

KUALA LUMPUR (Aug 31): Bank Negara Malaysia (BNM) is expected to make one final 25 basis point (bps) cut in the Overnight Policy Rate (OPR) as early as in the central bank’s next Monetary Policy Committee (MPC) meeting on Sept 10, 2020 in anticipation of an arduous economic recovery path ahead, DBS Group said today.

DBS senior economist Irvin Seah and strategist Duncan Tan wrote in a note that there is room for further monetary easing to support economic growth in the coming months.

"Onshore IRS (interest rate swap) markets are pricing ~70-80% chance for one last BNM rate cut (25bps) of this easing cycle, either to occur at the Sept 10 or Nov 3 meeting. This would mean BNM hitting our estimate of the policy lower bound of 1.5%, by the end of the year.

"Note (that) BNM had cut the OPR by a total of 125bps year-to-date to 1.75% to complement the equally robust fiscal measures aimed at buffering the economy from the impact of the pandemic. But with growth surprising on the downside and an arduous recovery path ahead notwithstanding, there is room for further monetary easing to support growth in the coming months.

"As such, we now expect one final 25bps cut by BNM as early as in the forthcoming September meeting, to better align the risks in both inflation and growth,” Seah and Tan said.

According to them, Malaysia’s real gross domestic product (GDP) growth contracted by a sharp 17.1% in the second quarter of 2020 (2Q20) from a year earlier. In quarterly terms, they said 2Q20 GDP dropped 51.3% from 1Q20.

They said beyond the direct impact of the Covid-19 pandemic on the health front and strong external headwinds resulting from a slump in global demand, the implementation of Malaysia's Movement Control Order (MCO) to curb the spread of the pandemic is the main factor behind the 2Q20 growth downturn.

"The downside surprise in 2Q GDP growth has significantly lowered the growth trajectory for the full year. The anticipated turnaround in the third and fourth quarter may not be enough to offset the sharp second quarter decline.

"Headline GDP growth will remain stuck in negative territory for the rest of the year. We have thus lowered our 2020 full year GDP growth forecast to -5.5%, which is at the lower end of the official forecast range of -5.5% to - 3.5%, and the lowest since the Asian Financial Crisis, (during) which the economy contracted by 7.4% in 1998. However, with the low base this year and the global recovery that is currently underway, albeit slowly, we see (Malaysia’s) GDP growth rebounding to 6.0% in 2021,” they said.

Malaysia’s disinflationary pressure is seen building up and the nation’s negative output gap is seen widening amid recessionary economic conditions. Seah and Tan said today even though inflation, as measured by the consumer price index (CPI), has recovered to -1.3% in July, the headline number is expected to remain stuck in negative level for the rest of 2020.

Full year (2020) inflation is projected to average -1.1% before rebounding to 1.8% in 2021, they said.

Malaysia's MCO, which was initially scheduled between March 18 and 31, 2020, requires non-essential businesses to stop operations, while the public was ordered to stay at home to curb the Covid-19 outbreak.

On March 25, Prime Minister Tan Sri Muhyiddin Yassin said the government decided to extend the MCO until April 14, because updates from the National Security Council and the Health Ministry indicated an increase in Covid-19 cases.

On April 10, Muhyiddin said the government was extending the MCO until April 28.

On April 23, Muhyiddin said the MCO would be extended for another two weeks until May 12.

On May 4, news reports, quoting Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob, indicated that regulations under phase four of the MCO were null and void with the commencement of the conditional movement control order (CMCO) or phase five of the MCO.

On May 10, Muhyiddin said the CMCO would be extended to June 9.

On June 7, Muhyiddin said the CMCO scheduled to expire on June 9 will be replaced with the recovery movement control order (RMCO) beginning June 10 until today.

On Friday (Aug 28), news reports quoting Muhyiddin, reported that the RMCO has been extended until Dec 31, 2020.

Posted by tkl88 > 2020-09-09 17:34 | Report Abuse

Report: Bank Negara expected to reduce OPR to record low of 1.5%
FMT Reporters -September 8, 2020 6:14 PM

https://www.freemalaysiatoday.com/category/highlight/2020/09/08/report-bank-negara-expected-to-reduce-opr-to-record-low-of-1-5/

Posted by tkl88 > 2020-09-09 17:34 | Report Abuse

PETALING JAYA: Bank Negara Malaysia (BNM) will reduce its overnight policy rate (OPR) by a further 25 basis points (bps), say seven out of 13 economists polled by Reuters.

An announcement is expected following the central bank’s policy meeting on Thursday.

Such a move will also see the OPR reduced to a record low of 1.5%, with BNM having already delivered 125 bps of rate cuts this year. The last cut of 25 bps was announced on July 7.

The remaining six economists, however, believe that the current 1.75%, also a historic low, will be maintained.

According to the report, policymakers might have to balance the need to support a virus-hit economy with a pick-up in exports.

The country’s reliance on exports has seen the economy hit badly in the second quarter (Q2) of the year due to the fallout from the coronavirus pandemic.

However, exports have started to rebound in Q3.

“Even though a pick-up in exports should support manufacturing, the rest of the economy will continue to be under downward pressure,” Prakash Sakpal, Asia senior economist for ING told Reuters.

“Mining, construction and services were the worst-affected in Q2 and will remain so over the rest of the year,” he was quoted as saying.

He added that the increase in unemployment numbers was also hurting consumer spending.

Meanwhile, Malaysia’s exports rose for the second straight month in July. This was an increase of 3.1% from a year earlier, thanks to higher shipments of manufactured goods and agricultural commodities.

However, with unemployment rising to 5.1% in Q2 and consumer prices continuing to fall in July, the signs are that the Malaysian economy is still struggling.

Posted by aiaili > 2020-09-09 17:55 | Report Abuse

btw, i aiaili just bought iwct at 60cts, uncle phone call last minute lol..

Posted by tkl88 > 2020-09-09 18:14 | Report Abuse

Wow, Dow Jones Futures was super green !

As at 6.13pm,
Dow Jones Futures at=> 27,716.5 (+191.5) (+0.70 %) !

Posted by SWT1988 > 2020-09-09 20:00 | Report Abuse

I also bought @ 0.60. After Malton, will b IWCITY turn to go up

Posted by PrimarisMarine > 2020-09-09 20:01 | Report Abuse

do u even know what iwcity does in johor?

and what is its relation to IWH?

hoho

Posted by aiaili > 2020-09-09 21:02 | Report Abuse

r u talking to me bangsat..?

Posted by aiaili > 2020-09-09 21:04 | Report Abuse

iwh is a holding company, iwct is a landbank, properties and development company.
btw, have u ever been johor iskandar there bro, LOL..

Posted by newcomer1388 > 2020-09-09 23:05 | Report Abuse

Stuck in penthouse.. stupid counter

Posted by PrimarisMarine > 2020-09-09 23:44 | Report Abuse

eh...somebody so perasan la. aiyoyo...who cares about u? not me

Posted by tkl88 > 2020-09-10 06:51 | Report Abuse

Walaoeh, Dow Jones super bull run !‬

‪Dow Jones closed at=>‬ 27,940.47 (+439.58) (+1.60 %) !

Posted by aiaili > 2020-09-10 08:46 | Report Abuse

then u this guy talking to air lo lol..

Posted by aiaili > 2020-09-10 09:00 | Report Abuse

btw, i only sensitive to org munafik lol..

Posted by aiaili > 2020-09-10 09:03 | Report Abuse

nothing to talk much to those hypocrite, just pay attention to iwct for this 2 days, uncle says lol..

Posted by khpwwl > 2020-09-10 10:22 | Report Abuse

now 0.585...later 0.575

Posted by SWT1988 > 2020-09-10 12:09 | Report Abuse

Will collect more if drop further

Posted by aiaili > 2020-09-10 12:27 | Report Abuse

yes, i do lol..

Posted by tkl88 > 2020-09-10 15:32 | Report Abuse

OPR maintain at 1.75 %
Tommorrow onwards KLSE will spike up liao !

Posted by tkl88 > 2020-09-10 15:33 | Report Abuse

BREAKING : Bank Negara Malaysia decides to maintain the Overnight Policy Rate (OPR) at 1.75%, citing improvement in economic activity

https://mobile.twitter.com/pelhambluefund/status/1303951728996278272?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

Posted by PrimarisMarine > 2020-09-10 15:49 | Report Abuse

so many uncle aunties talk kok, market dun care loh! waitla year end got hsr news then only move loh!

Posted by khpwwl > 2020-09-10 15:59 | Report Abuse

uncle say pay attention to iwc...then buy more lah...0.575 is otw

Posted by ahbah > 2020-09-10 16:03 | Report Abuse

Where got talk cork ?

Posted by aiaili > 2020-09-10 16:28 | Report Abuse

SWT1988 Will collect more if drop further
10/09/2020 12:09 PM
@SWT1988, i was starting to queue 57cts, did u lol..?

Posted by PrimarisMarine > 2020-09-10 16:33 | Report Abuse

waa from last year dec collect until now ah...ganas lo. hehe

Posted by aiaili > 2020-09-10 16:34 | Report Abuse

could u pls leave me alone...