Bought it at 1.26. Next month Waterpark opens. 2013 i-Residence opens and i-city mall might open in 2014. Hopefully it can reach RM3.00 or more by 2015... :)
for volume, you cannot judge base on the volume figure, you need see the percentage of the share traded from the total shared issue. example, 1k lots of volume for ibhd already 0.1% of the total share issued. compare big cap like air asia, 10k lots of volume is only 0.03%
In a statement today, I-Berhad, the master developer of i-City, said the Red Carpet@i-City was hit by a break-in early Wednesday which resulted in a fire that damaged a portion of the showcase.
mediam term, price will go up after bonus, share split etc to create more trading liquidity. right now the share can go up 5/10 cent with one lot done only !!
I-Berhad is an investment holding company that manufactures household electrical appliances. It is also the master developer of i-City @ Shah Alam. The company develops, manages and invests in i-City, which spans 72ac in Shah Alam alongside the Federal highway. It enjoys MSC status and owns few of the large freehold land banks in Shah Alam. i-Bhd has signed an agreement with the State Government of Selangor for the development of i-City as a Technopreneur Campus for 21 years. Incentives granted to the company include: (i) Temporary Occupation License for c.30ac of neighbouring land, (ii) approved 24-hour operations for approved outlets, (iii) a lower Bumi sales quota of 30%, and (iv) an increased plot ratio of 5.0x from 3.0x, which nearly double the allowable GFA to 13.0m sf. The project enjoys strong accessibility and will soon see a flyover interchange with direct and exclusive access to Federal Highway as well as an LRT extension to service i-City
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....
mysterious99
496 posts
Posted by mysterious99 > 2012-09-19 12:23 | Report Abuse
Bought it.... gonna sell it once it break 1.52... :)