Posted by robertzz > 2014-12-05 13:45 | Report Abuse

KUALA LUMPUR (Dec 5): I-Bhd will sign a strategic alliance agreement with Hilton International for the planned development of a four-star hotel within the RM5 billion i-City township in Shah Alam, Selangor.

In a statement today, I-Bhd, the developer of the 29ha (72-acre) i-City, said it would sign the agreement with Hilton this Tuesday (December 9).

“The four-star Hilton hotel in i-City will be part of the RM1 billion investment property portfolio that I-Bhd is establishing in order to provide a recurring income stream for the group,” I-Bhd said in a statement today.

The four-star hotel will add to i-City’s existing hospitality outlets.

I-Bhd and Best Western International had recently started operations at the the Best Western i-City Hotel. This is the first hotel within i-City.

I-Bhd is a closely-watched company. According to Insider Asia, once i-City is fully developed, I-Bhd expects to derive half of its earnings from recurring income arising from its leisure and property investments.

The Insider Asia's report was published in The Edge Financial on November 24 this year.

I-Bhd's financials have improved. The company's net profit rose to RM14.24 million in the third quarter ended September 30, 2014 from RM2.68 milion a year earlier.

Nine-month net profit was higher at RM39.75 million versus RM14.39 million a year earlier.

Today, I-Bhd shares rose 0.5 sen or 0.8% at 12.30pm to settle at 62.5 sen for a market capitalisation of RM455 million. The stock had fallen 2% this year compared to the FBM KLCI's 6% decline.

I-Bhd's latest net assets per share stood at RM1.20.

Posted by Redtomato > 2014-12-05 15:44 | Report Abuse

So what? Even the I BHD ad did show in 8TV said how good they are yet you look at the price now, sharp drop till 40-50% after they introduce ICULS. Ask Lim pay back us the hard earn money la...

Posted by Hue Woon Yang > 2014-12-05 16:22 | Report Abuse

agree with u redtomato

Posted by Hue Woon Yang > 2014-12-05 16:42 | Report Abuse

if want to bought ibhd then quick to buy....will shoot up the pricing coming soon...today i see the market buyer more than seller..klci also will recover soon...

Posted by thinkndo > 2014-12-05 23:55 | Report Abuse

Hmmm...now I don't really believe so much on the no. of buyers vs sellers......something we might not see and understood as a tiny pity player like me..Good luck to everyone! Including me...HAHA!

Posted by gick891214 > 2014-12-06 09:28 | Report Abuse

http://www.nst.com.my/node/57112

Posted by gick891214 > 2014-12-06 09:29 | Report Abuse

http://www.nst.com.my/node/50263

Posted by beso > 2014-12-09 12:57 | Report Abuse

now nobody care the news，market will continue sell down

Posted by nizam_ag > 2014-12-09 14:29 | Report Abuse

mari-mari sikit lagi turun... saya tunggu....:)

Posted by nazeev > 2014-12-09 20:32 | Report Abuse

News already on tv. What's gonna happen tomorrow?

Posted by SP0094701 > 2014-12-09 21:00 | Report Abuse

Nothing will happen now during this bad market

Posted by nazeev > 2014-12-09 21:19 | Report Abuse

I think so..

Posted by kayubi > 2014-12-10 04:21 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2014/12/09/Hilton-to-manage-IBhd-300-room-hotel-at-iCity-ultrapolis/?style=biz

Posted by Redtomato > 2014-12-10 21:17 | Report Abuse

So wat? Again looked at the crap stock price now, langsung tak boleh pakai....

Posted by Redtomato > 2014-12-10 21:20 | Report Abuse

Give me back all my hard earn money....returned you back all the rubbish ICULS & WA, Mr Lim

Posted by beso > 2014-12-10 21:30 | Report Abuse

today CONVERSION OF 813,200 IRREDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS ("ICULS") TO 597,941 NEW ORDINARY SHARES
tomorrow sell into open market

Posted by Hue Woon Yang > 2014-12-11 10:45 | Report Abuse

Sigh!!! Ibhd....before im really tot its very power share.

Posted by SP0094701 > 2014-12-11 15:59 | Report Abuse

yes average down again ....in 0.61

Posted by SP0094701 > 2014-12-11 16:00 | Report Abuse

second round average down is below 0.58 (waiting)

Posted by Hue Woon Yang > 2014-12-11 16:41 | Report Abuse

What happen oh ibhd??

Posted by Hue Woon Yang > 2014-12-11 16:50 | Report Abuse

Sell all....very disappoitted this share

Posted by Hue Woon Yang > 2014-12-11 16:54 | Report Abuse

Klci up ibhd didt up...now klci down ibhd follow down...very very diu la this company....

Posted by Hue Woon Yang > 2014-12-11 20:01 | Report Abuse

Tomorrow sell all...many ppl also sell tomorrow...let ibhd drop more..

Posted by beso > 2014-12-11 20:06 | Report Abuse

0.60 wont hold long, run

Posted by Hue Woon Yang > 2014-12-11 21:08 | Report Abuse

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Posted by SP0094701 > 2014-12-11 21:16 | Report Abuse

Wow so many run...... i buy loh....hahaha

Posted by Hue Woon Yang > 2014-12-12 00:52 | Report Abuse

Already q for tomorrow sell all my share....80lots all sale...take back my 48k first

Posted by kayubi > 2014-12-12 02:16 | Report Abuse

Wait for long term. They are targeting for RM500 mil earning a year for the future. With their current master plan, i don't have any doubt for their future. The only thing that makes their price drop is because of their share base is increasing.

Posted by optimsuR > 2014-12-12 02:55 | Report Abuse

If anyone want to sell their share tomorrow, will they tell everyone to run so he can sell his share at lower price?
Either he is lying or he is sohai.
Most likely later. Wakaka

Posted by Hue Woon Yang > 2014-12-12 09:38 | Report Abuse

optimsuR see....drop under 0.600 dy...luckly sell dy...wakakaka
who is sohai now~

Posted by Hue Woon Yang > 2014-12-12 10:04 | Report Abuse

bye bye ibhd... i quit luu~~ hope ur all guys earn more profit ya....take care

Posted by beso > 2014-12-12 15:20 | Report Abuse

heading to 0.50 right issue price

Posted by optimsuR > 2014-12-12 21:12 | Report Abuse

No doubt Hue is proved to be sohai. If I sell, diam diam sell. Tell everyone sell when he sell at the same time will get a good price gah? Use brain.

Posted by SP0094701 > 2014-12-12 21:15 | Report Abuse

Share is time frame money game ...as long we have holding power ..sure one day can reward us of cause company should have good FA..

Posted by Hue Woon Yang > 2014-12-12 22:06 | Report Abuse

optimsuR im no need mention the share also drop la...im good guy im only share to all.... wakakaka~

Posted by SP0094701 > 2014-12-15 14:18 | Report Abuse

Hoooo...... 0.4 to 0.5 will coming soon , prepared enter and sapu again ...cheers ....sapu slow slowly yes.... if drop 0.3 to 0.4 sapu again .....

Posted by Hue Woon Yang > 2014-12-15 15:32 | Report Abuse

sapu sapu sapu sapu sapu sapu sapu sapu sapu sapu sapu sapu sapu sapu sapu sapu sapu sapu sapu sapu sapu sapu sapu sapu sapu sapu sapu sapu sapu sapu sapu sapu sapu sapu sapu

Posted by SP0094701 > 2014-12-15 18:59 | Report Abuse

After sapu waiting for 2 years .... should have good refund

Posted by Redtomato > 2014-12-16 20:46 | Report Abuse

Left 0.50 worth stock price? All mother WA ICULS dropped until left half of its value and this is the counter that published in paper that sign MOU with Hilton and wanted to build 300 rooms in I City? We supported you so much before you split your unit and intro ICULS now you treat your loyal supporter like that....

Posted by cmchong > 2014-12-16 21:50 | Report Abuse

agree with redtomato, like a trap to all of us...

Posted by Kelvin Fook > 2014-12-16 22:45 | Report Abuse

For those who bought at abobe rm0.80. Should average down, sell it and run, or wait?

Posted by Hue Woon Yang > 2014-12-17 00:36 | Report Abuse

If u still have many money backup then u hold....if u no more money backup then sell...crude oil still droping now...then malaysia market is down tred...u should sell first...wait more cheaper price then buy again...like me before have 60 lots...then i sell on 6.25...if now i want buy back i can buy 70lots dy... but i still keep on see the market first...所谓 财不入急门

Posted by almufathal > 2014-12-17 23:04 | Report Abuse

ok....masukkkkkk....sudah murah sgtttt....apa mau takut...itu icity hari2 orang pegi....mesti ada income punya

Posted by gick891214 > 2014-12-20 21:19 | Report Abuse

still can buy?

Posted by Hue Woon Yang > 2014-12-21 20:50 | Report Abuse

sapu again

Posted by SP0094701 > 2014-12-21 23:16 | Report Abuse

Good buy now ...after that no more offer

Posted by KJ0709 > 2014-12-23 14:46 | Report Abuse

Another 323, 500 shares is going to be listed tomorrow at 0.50 each...

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1834081

Posted by lly316 > 2014-12-23 16:58 | Report Abuse

sifu KJ0709, will it affect the share price for this conversion??

Posted by KJ0709 > 2014-12-24 09:20 | Report Abuse

Simple demand and supply rule. Let say today you go to the morning market and see 5 people selling fish at RM1.20, you have to buy from them. Then, tomorrow, suddenly a new people come and sell fish at RM0.5, of course you go to him. Then, the next day, more people come and sell at RM0.5, so customers go to them. The earlier RM1.20 fish people have to lower their price to run business (cut-loss). In short, price will drop to Rm0.50 until no more new people come and sell at RM0.50.

Same case here, more and more shares are listed at Rm0.50 (through conversion of Sumurwang ICULS to IBHD shares).

On 13/10/2014, there were 228 972 712 I BHD shares (price: RM 0.76)

After a series of additional share listing since then, up to today, there are 729 667 224 I BHD shares (the additional shares were listed at RM0.50 each)

That is an increase of 218.6% in the share supply without a strong demand.

One exceptional case, if people willing to buy the shares at higher price, then price will go up (like from last Wednesday, 17/12-RM0.515 to Tuesday, 22/12 -Rm0.61)


Other SIFUs, correct? :)

Posted by Anuar Jusoh > 2014-12-24 10:15 | Report Abuse

i sell sumatec 500 big log WA 15.5 sen and buy IBhd Rm0.59 135 big log.very comfident IBhd sumatec loss Rm120k sumatec .....typo HS cd player loyar buruk