Posted by my101home > 2013-07-29 01:01 | Report Abuse

Risk of DIBS cancellation, proposed tax on foreign buyers in Johor, overheated property might contribute to the fall

Posted by Nallayak > 2013-07-29 12:44 | Report Abuse

60% of Msians cant afford to buy properties so politicians may make noise ,and 50% of UEMS Iskandar projects buyers r foreigners . Land are being held back so this is actually good for long term but will affect short term profits. Land farmed out to Gamuda , BRDB, Walker and others to develop is stupid. Must maximize profits. Improve security through face recognition artivision technology will boost demands straight away and land prices

Posted by CCV2013 > 2013-07-29 19:07 | Report Abuse

Endless support at 2.89 and 2.90! Why!

Posted by lwalk > 2013-07-29 19:25 | Report Abuse

to deny you from buying low lol

Posted by Nallayak > 2013-07-29 20:20 | Report Abuse

Medini going IPO

Posted by 4u2c > 2013-07-29 23:22 | Report Abuse

Controversial businessman Deepak Jaikishan and Umno Petaling Jaya Utara division head Datuk Ikhwan Salim were behind the Bangunan Angkasaraya deal which has gone sour for UEM Sunrise Bhd. UEM Sunrise is being sued by Bank Kerjasama Rakyat Malaysia for recovery of the property which was acquired by Sunrise in 2008. (SunBiz)

This announced on 19th July may hv caused the drop

Posted by Melaos > 2013-07-30 09:30 | Report Abuse

It's still heading south today...

Posted by alexisvics > 2013-07-30 09:32 | Report Abuse

Time to collect some..

Posted by kjk85 > 2013-07-30 11:17 | Report Abuse

warrant expire on 31/7, expecting price will go up in august

Posted by 8u29song > 2013-07-30 11:21 | Report Abuse

now can buy at 2.88, but hesitated.

Posted by SJSOON > 2013-07-30 19:48 | Report Abuse

Malaysian Ringgit depreciates to new low via-a-vis Singaporean Dollar at 2.547 across 15 years. This could be a supplement to support the heating demand for properties in Iskandar.

Posted by Dylan1027 > 2013-07-31 09:52 | Report Abuse

wht a hit... 2 weeks in a row in red..

Posted by BBB79 > 2013-07-31 09:54 | Report Abuse

really drop many...

Posted by lwalk > 2013-07-31 09:59 | Report Abuse

getting oversold.

Posted by tranceX > 2013-07-31 10:29 | Report Abuse

dear sifus, can masuk now? thinking this or mahsing.
what are your thoughts?

Posted by BBB79 > 2013-07-31 10:32 | Report Abuse

my advise, wait and see first...

Posted by hobson64 > 2013-07-31 10:34 | Report Abuse

my humble suggestion, our market valuation is relatively too high, is still a sell market.

Posted by mcd123 > 2013-07-31 10:43 | Report Abuse

Agreed Hobson64, I think this is the beginning of the much awaited correction.I share your humble suggestion.

Posted by hobson64 > 2013-07-31 10:44 | Report Abuse

mcd123, is just my wild pressumptions, i have the hunch that it will turn from bad to worse and bearish for a couple of months.

Posted by hobson64 > 2013-07-31 10:46 | Report Abuse

In fact, UEMS is a market leader, when it started to drop a few days back, we should be alerted but i was rather ignorant to notice that.

Posted by CCV2013 > 2013-07-31 11:16 | Report Abuse

It must be our neighbor selling in order to gain on the forex, I think!

Posted by Nallayak > 2013-07-31 12:13 | Report Abuse

Maybe top banker shot many deals cant do anymore must unwind disorderly

Posted by lwalk > 2013-07-31 12:14 | Report Abuse

wah...link until the dead banker meh... LOL

Posted by Nallayak > 2013-07-31 12:21 | Report Abuse

banker is at the centre of every thing, founder banker leh and linked to arab money

Posted by hobson64 > 2013-07-31 12:23 | Report Abuse

now Fitch made a downgrage, S&P will make comment soon...our borrowing denominated in foreign currencies will become expensive...this is no good for many of our big companies listed on stock exchange

Posted by charles > 2013-07-31 12:25 | Report Abuse

Duit Raya .....hahahaha! oops! could be seditious

Posted by Nallayak > 2013-07-31 12:37 | Report Abuse

too much tembak tembak, money will flee if culprits not caught

Posted by lwalk > 2013-07-31 12:37 | Report Abuse

charles..kena lockup nanti.. :)

Posted by Nallayak > 2013-07-31 12:39 | Report Abuse

we also tembak saham but no accuracy

Posted by charles > 2013-07-31 13:43 | Report Abuse

Yes ... its going to go either way this week. Stay cool!

Posted by lwalk > 2013-07-31 13:51 | Report Abuse

we've went through 2 down cycles after GE. all followed by a rally. we can get thru this

Posted by hobson64 > 2013-07-31 13:57 | Report Abuse

UEMS is still expensive, will slide further, that is my personal opinion

Posted by lwalk > 2013-07-31 14:03 | Report Abuse

its a big counter of coz lah. look at the other property counters, lower profit yet even more expensive.

Posted by hobson64 > 2013-07-31 14:08 | Report Abuse

Iwalk, I m from Iskandar lah, honestly, nothing to gloat about development, I m worried it may eventually turn into white elephant. The infrastructure has been ready for sometime but development pace is far from its actual plan. They are selling lands but not developing it, it is making the property prices in JB look pricey.

Posted by hobson64 > 2013-07-31 14:11 | Report Abuse

Think about this, couple of International Schools, One International Brand Specialist Centre, LEGOLAND, Horizon Hills, Nusajaya Gated and Guarded communities and some Government offices , the rest not even off the ground yet....

Posted by lwalk > 2013-07-31 14:12 | Report Abuse

lol with the drop in ringgit, the singaporeans will be flocking to cash in. anyway still too early to see improvement in iskandar development. real value will only be unlocked much further on.

Posted by hobson64 > 2013-07-31 14:13 | Report Abuse

Singaporeans prefer Melaka to JB...is true!

Posted by lwalk > 2013-07-31 14:14 | Report Abuse

im looking forward to the new theme park in genting. for now it's a major loss no matter how they spin it.

Posted by lwalk > 2013-07-31 14:16 | Report Abuse

melaka? too far lah.. how to commute? i personally dont even like melaka. look at what they are doing to it? wanting to close jonker? ridiculous. i have singaporean friends looking into iskandar. one just came back from jb

Posted by Nallayak > 2013-07-31 14:35 | Report Abuse

Malacca got traffic jam in city, Ali Rustam also lost despite so much development. no match for Iskandar. Iskandar will peak in 5 yrs time

Posted by hobson64 > 2013-07-31 14:39 | Report Abuse

obviously Melaka can't match Johor Baru, this is something i must agree.

Posted by tigerroar > 2013-07-31 14:52 | Report Abuse

Hafiz Millip, Aj Jib took RoastMah's ring & sold it off for more cash... hahahaha Central Banks are pulling handbrake too, issued many new policies & Banks' business are slowing down.

Posted by lwalk > 2013-07-31 14:53 | Report Abuse

yeah man, talk about being hit left right centre with all the negative news. its like someone releasing the kracken on purpose :)

Posted by Nallayak > 2013-07-31 15:08 | Report Abuse

nvr mind lah still got a lot of land . if sell fh plenty of buyers want. China gdn sold 60 % condo alredi can buy more land

Posted by tigerroar > 2013-07-31 16:34 | Report Abuse

yoooo.... 2.68 now!!!

Posted by hobson64 > 2013-07-31 16:35 | Report Abuse

don't cheer just yet, tomorrow will be cheaper

Posted by charles > 2013-07-31 16:40 | Report Abuse

Fitch made a seditious remark on Malaysia

Posted by Dylan1027 > 2013-07-31 16:41 | Report Abuse

20% gone

Posted by hobson64 > 2013-07-31 16:42 | Report Abuse

among all the property stocks, UEMS will be hard hit

Posted by skyu > 2013-07-31 16:42 | Report Abuse

Today, to me is a mercy. Malaysia bond declared as negative, basically mean malaysia in deep debt.

Minus 20 index is consider very mild with this fitch rating.