So because of the covid19 pandamic we are able to buy this share at this ridiculous firesale price after the completion of the MAIN TOWER n the some surrounding building n infrastructure. We should have a projected futuristic look at Bandar TRX in 5 years time then we can value the price of this share of course subject to market force of supply n demand which will be taken care off by any sitting government in Malaysia. This iconic project is about Malaysia n Malaysian PRIDE.
Botak knows this and he is still holding massive landbank in JB for future land appreciation once RTS opens ...cheeeecky indeed this old sly Botak...I oledi anticipated future of Iwc like how Botak thinks
Big loss expected but seem that the loss is smaller than expected, debt reduce n cash flow improves significantly. Share price most probably stay neutral at 48 to 49 sen.
CASH no. problem, just sell 100 acres to PNB, SETIA or ECO world n realise some cash flow + small profit since they bought it so CHEAP.Just don't sell to MASHING cheap rascal, they will press down the seller price even if reasonable.
Hahaha...Botak holding tight2 on his precious landbank assets in JB until RTS completed then only slow slow sell ...wld have appreciated by at least 5 folds by then !
“In the recent cabinet meeting, the government has agreed to go ahead with the MRT3 Circle Line and MRT Corp was given three months to update the studies which include the cost of this project.” #myedgeprop Constuction plays started ...FOmOS....WILL BE PUSHING UP THE PRICE. ....
I got the feeling that Ekov and Iwc will merge and privatisation from China Construction company...it seems LKH is very weak among the other construction peers ...better for him to retire early like Vincent ..
Iwc has plenty of major shareholders even without the 10% new share fully subscribed . No wonder today got so much buying power......tomorrow time to hoot 9 eeeeeeeee
Mr YN Ong Group MD & Non-Independent Executive Director, Tiong Nam Logistics Holdings Bhd.
He holds the position of Chairman of Linocraft Holdings Ltd. and Group MD & Non-Independent Executive Director at Tiong Nam Logistics Holdings Bhd. Mr. Ong is also on the board of 10 other companies.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Condom004
398 posts
Posted by Condom004 > 2021-03-28 17:22 | Report Abuse
Now just bcoz of Covid factor....normally if you go JB and KL see the 夜市活 and purchase power you will found KL loose JB ...