ISKANDAR WATERFRONT CITY BERHAD

KLSE (MYR): IWCITY (1589)

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Last Price

0.54

Today's Change

+0.005 (0.93%)

Day's Change

0.535 - 0.545

Trading Volume

1,197,400


31 people like this.

34,712 comment(s). Last comment by turbochart 2 days ago

AhHuat168

285 posts

Posted by AhHuat168 > 2024-02-27 15:26 | Report Abuse

very solid n powerful down today, these 2 days rebound, will continue downtrend

AhHuat168

285 posts

Posted by AhHuat168 > 2024-02-27 15:28 | Report Abuse

better switch to uems, sunway, mahsing, ioi property or ytl

theyoungman

1,991 posts

Posted by theyoungman > 2024-02-28 08:17 | Report Abuse

Fishy action otw. KPRJ is disposing shareholding. Botak proposal will make this bb become public spread < 25%. Fishy fishy.

AhHuat168

285 posts

Posted by AhHuat168 > 2024-02-28 22:20 | Report Abuse

Not only KPRJ, director of the company also keep disposing the share. Thats y i said the techinical chart shows downtrend dy. These 2 days rebound just to fish the retailer, slowly it will go down to 0.60, if 0.60 lost support, meaning the trend is over.

theyoungman

1,991 posts

Posted by theyoungman > 2024-02-28 23:35 | Report Abuse

8877 corporate exercise will make 1589 public spread < 25%.

Posted by prudentinvestor > 2024-02-29 21:19 | Report Abuse

Has been losing money for 4 years already, how to skyrocket? Jipun, please answer my question.

theyoungman

1,991 posts

Posted by theyoungman > 2024-02-29 21:48 | Report Abuse

Pru问小日本啊? I'm only worry about paragraph 8.03A else when hit 0.5 I will still collect. Missed it liao loh. Nvm. Is ok

Posted by prudentinvestor > 2024-02-29 22:09 | Report Abuse

This counter has not paid any dividend for over 24 years. Macam mana boleh skyrocket. Even 50 sen I also dare not buy.

theyoungman

1,991 posts

Posted by theyoungman > 2024-02-29 22:15 | Report Abuse

True. This stock is land bank play goreng stock. What to do. Ha
And, the shares issued r small and market float is limited, easy to operate

theyoungman

1,991 posts

Posted by theyoungman > 2024-02-29 22:16 | Report Abuse

Oh ya, Tiong Nam's 10% placement shares at 0.48 in 2021 is siok already loh. Invest 2 yrs only already can surge ROI > 100% (it hit RM1 months ago). So siok. Really good kangtau for those big bosses. Gang...

Posted by NatsukoMishima > 2024-03-01 08:49 | Report Abuse

Back in black already , it s time to skyrocket , prudentinvestor should buy in dip to make money ,,dont do too many calculation homework ,waste your time !

Posted by prudentinvestor > 2024-03-01 11:09 | Report Abuse

Don't console yourself Jipun. It only made 0.1 sen per share or just 0.92 million (not 0.92 billion) in the final quarter. Over the past 16 years, it was in the red in 8 years and in the black in another 8. It has never made a net profit of over 6 million. How to skyrocket with such disappointing set of earnings? Change name again? From Granite Industries to Tebrau Tegoh to Iskandar Waterfront then to NatsukoMishima Properties?

theyoungman

1,991 posts

Posted by theyoungman > 2024-03-01 12:41 | Report Abuse

Relax ya all

Posted by NatsukoMishima > 2024-03-04 19:14 | Report Abuse

A smart investor will never look past tense business just like glove tards , we only look for future business , that is 4.3 billion development plan !

SLLEE5732

364 posts

Posted by SLLEE5732 > 2024-03-04 19:34 | Report Abuse

Johor theme party will rock n roll again 😍😍😍

Realrich

1,410 posts

Posted by Realrich > 2024-03-04 19:55 | Report Abuse

The regulation plan due date come soon. Iwcity when delisted also don't know. No money how to delevelop? This is fake news same with 4 months ago proposal until now nothing happened. Operator want to sale news only.

Realrich

1,410 posts

Posted by Realrich > 2024-03-04 20:04 | Report Abuse

TNB court penalty also no money pay. How to get money develop project. Loan more more losses? Banker also not going to loan the company going delisted without submission regulation plan

Posted by NatsukoMishima > 2024-03-04 20:32 | Report Abuse

https://www.orientaldaily.com.my/news/business/2024/03/04/635119

Enough to hit rm 4 minimum!

Posted by NatsukoMishima > 2024-03-04 20:34 | Report Abuse

Dont believe dont buy , just sit siteline watch other smarter people than u make huge hains !

Posted by NatsukoMishima > 2024-03-04 21:43 | Report Abuse

Limit up tomorrow!

Realrich

1,410 posts

Posted by Realrich > 2024-03-05 08:07 | Report Abuse

Sales news nothing happened. Lol only wait the project launching open sales to buyer show us QR big profit. We just to believe. No fund to develop project. More loan? More losses? A plan not a real. Just sales news

Realrich

1,410 posts

Posted by Realrich > 2024-03-05 08:19 | Report Abuse

MOU not a binding contract yet
hence anything can still change

Posted by NatsukoMishima > 2024-03-05 08:49 | Report Abuse

Realrich if u still want wait durian jatuh then just sit sideline watch the shareprice skyrocket , u will really enjoy it ! All johorian know botak has many land nearby jb central and the value will be multi folds soon !

Realrich

1,410 posts

Posted by Realrich > 2024-03-05 09:48 | Report Abuse

Yes delisted is very good benefit to botak.

Posted by NatsukoMishima > 2024-03-05 12:22 | Report Abuse

Serb also havent delist

theyoungman

1,991 posts

Posted by theyoungman > 2024-03-05 12:38 | Report Abuse

Ignore that shouter.

Delist or not delist, assets are still there. Hard rock.

Paragraph 8.03A yes, it is something which makes investors stop investing for the time being. Let's see Botak new restructure plan how it turns out ba.

Assets worth so much, RNAV plays apart if landbanks r used for projects.

LRT how ah?

Realrich

1,410 posts

Posted by Realrich > 2024-03-05 12:53 | Report Abuse

Delisted only benefit the major shareholder. The minority shareholder can't trade in open market. How you going to sale your share on hand

theyoungman

1,991 posts

Posted by theyoungman > 2024-03-05 18:11 | Report Abuse

Delist and eat all the shareholders up? There must be a price for everyone although it might not reflect the actual NAV or RNAV. Unless, Botak wants to do it internationally, if so, the share price must tumble now or later in time to come? Tiong Nam's 10% placement @ 0.485 in 2021, already sold? If not, they are still holding it? If they had already sold? (Check top 30 shareholders listing?) Idk about delisting of stock, but securities r still in the shareholders' CDS ac as shareholders of the co (not listed), and hence the shares can't be traded in open market, thus, its values might be less attractive. If so, investors are still holding the shares? Or sell off ? KPRJ was selling recently? So, bad or good? Or the selling of shares by KPRJ is wanna to fulfill the post restructuring on Botak proposal ? A listed co public spread must be not less than 25%.

Anyways, idk. I have opt out this bb since last year after the Para8.03A were not resolved on time and keep delaying, thus I have sold and not buying anymore (before it reaches 0.5). Hihihi.

Take care guys. Idk

Hope everyone have smooth investment journey and go for mid long term value (FA) investment, and not SPCML (speculate, punt, contra, margin, loan). my2c. IMHO.

Tym

Posted by NatsukoMishima > 2024-03-05 20:15 | Report Abuse

Talk so much for what , buy lah together esrn money !

Posted by NatsukoMishima > 2024-03-06 06:08 | Report Abuse

Limit up soon

theyoungman

1,991 posts

Posted by theyoungman > 2024-03-06 21:01 | Report Abuse

LU soon. Haha.
@Natsu, so power. This bb I opt out since last year after it keeps delaying the regularization plan. Hihihi. I switched to 1651 & 8877. And, 1651 was sold already. Hihihi.

Posted by NatsukoMishima > 2024-03-07 06:15 | Report Abuse

Delaying not meaning a bad news sometime because they perfect restructure in order to maximize np in future without dispute !

Posted by NatsukoMishima > 2024-03-07 06:15 | Report Abuse

U will regret if sell now

Posted by EngineeringProfit > 2024-03-07 08:27 | Report Abuse

Sold. I prefer Mahsing

monreyes

892 posts

Posted by monreyes > 2024-03-07 12:54 | Report Abuse

TNB court case..not yet hearing la...what to pay..drag to 5 to 10 years also can

Posted by NatsukoMishima > 2024-03-08 08:06 | Report Abuse

Mshsing can not fight with this johor land king bro , Botak has good relationships with China capital !

Posted by EngineeringProfit > 2024-03-08 08:24 | Report Abuse

👍

theyoungman

1,991 posts

Posted by theyoungman > 2024-03-08 14:35 | Report Abuse

@Natsu
Good point.
Have faith in Botak and King ya. Guys.

Do not speculate, punt and contra (SPC). All investors are safe from crocodiles.

My2c.

theyoungman

1,991 posts

Posted by theyoungman > 2024-03-08 14:36 | Report Abuse

MahSing projects, very jialat. Last time in Masai area, shop houses built by this co r so jialat. Quality so so. I have bad impression w this MS

AhHuat168

285 posts

Posted by AhHuat168 > 2024-03-08 15:23 | Report Abuse

Recently Loke Kao Fook said HSR project still not certain, so now all construction sector turn sour, better beware this Iwcity slowly go downtrend dy

theyoungman

1,991 posts

Posted by theyoungman > 2024-03-10 15:19 | Report Abuse

Para8.03A. Always remember this.

theyoungman

1,991 posts

Posted by theyoungman > 2024-03-12 20:14 | Report Abuse

KPRJ sold another 7.8mil. Good.
Related to Botak proposal? In that proposal, 1589's public spread will be less than 25%, which is not allowed by Bursa

Posted by newbietrader9 > 2024-03-13 13:00 | Report Abuse

nice curl

theyoungman

1,991 posts

Posted by theyoungman > 2024-03-13 16:06 | Report Abuse

Curl? U also use this app go grab something?

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