I bought this stock at 2.9 in 2017 if not mistake ! I never scare it bankrupt or delist , this botak really reserved some power for future big plan , bandar malaysia n HSR never die yet , it will restart soon ! It will hit rm 4 later !
2 weeks ago
Sorry la, those who bought so high( even 2.00+) cannot ever hope to get all their $ back...ha
Watch out always. Do not speculate Do not punt. Study the company profile, know its management team, substantial shareholders (trustable? Betul² businessmen? Or ... Hmmmm.... Tricky and cunning? Personality), PE, NTA, (NAV), etc.
No chart. Chart is plotted by crocodiles. A tool to use and lure ppl who r tamak
It was went up from RM0.25-0.28. PUSHed up from 0.4 to 0.48 is nothing to them. Mid term investment average price ? 0.35? Still mak big $ leh. Why donate to those crocodiles eh?
Furthermore, TM invested in 1589's placement shares at 0.48 in 2021 leh. TM bosses still not making any single cent from it (other than their private purchases using their little bb accounts out there.. ?)
Very Little ? Do you know that proposed new Township Bandar Malaysia whole project is 100 billions ! And Bajet 2023 is 388.1 billions ,so 170 billions is nearly half of our national Bajet 2023 is infact a very big sum of money. You must have mixed up the figure million and billion !!
In any case , the direction is right . 2024 is MY-CN 50 years , KL-SG HSR confirm GREEN LIGHT !! Know the big picture n u on the winner ticket. IWCITY+YTL/UEM/BJL-BJA/MRCB Joint Venture with China Partners
anyway, "buy on rumour, sell on news". investment don't rely on this clause. study a company profile before you wanna to invest in it. short/mid/long term, own decision. don't listen to anyone, refer to news/rumours(tcss), self study is the most impt anyway. do not punt. steady investment, handsome return is awaiting. don't chase the price (if going up), collect them when they are stable...
I'm guessing insiders bought when they got wind that some MOUs were being signed by the China delegation but SOLD once there was no deal for IWCity LOL
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....
dompeilee
11,889 posts
Posted by dompeilee > 2023-03-29 12:03 | Report Abuse
Speculatively bought IWCity, as recommended to premium clients.