IVORY PROPERTIES GROUP BERHAD

KLSE (MYR): IVORY (5175)

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Last Price

0.07

Today's Change

+0.005 (7.69%)

Day's Change

0.065 - 0.07

Trading Volume

488,300


8 people like this.

3,163 comment(s). Last comment by kancil18899 1 week ago

chong

3,074 posts

Posted by chong > 2012-04-05 17:01 | Report Abuse

Yes, brother jacklew, exactly.

Snowy

16 posts

Posted by Snowy > 2012-04-05 23:51 | Report Abuse

Will the bonus issue affect the price?

jacklew

499 posts

Posted by jacklew > 2012-04-06 17:09 | Report Abuse

and shine :-)

chong

3,074 posts

Posted by chong > 2012-04-06 17:15 | Report Abuse

Our early buying when it's on it's low s bearing fruits now....today another good performance.

b824osg

24 posts

Posted by b824osg > 2012-04-11 21:20 | Report Abuse

I agree with jacklew,good counter will bear good return in the
long run.

kcfan

1,881 posts

Posted by kcfan > 2012-05-07 20:54 | Report Abuse

Valuation inexpensive ‧ "world city" and the gradual implementation of the the ‧ Wei force value is expected to push up

Posted by yeong1105 > 2012-05-12 08:07 | Report Abuse

1question for all senior ...the right to buy right issue must be held the original share before company make the announcement ?

rookiemy

357 posts

Posted by rookiemy > 2012-05-28 19:50 | Report Abuse

Ivory may see an up swing from here.

Posted by namzaron72 > 2012-06-20 10:03 | Report Abuse

go..go..ivory..

chong

3,074 posts

Posted by chong > 2012-06-20 10:06 | Report Abuse

Today moving higher but seems people profit taking....let's wait as today it went as far as 45 cents...cheers.

tansrihew

191 posts

Posted by tansrihew > 2012-06-20 10:14 | Report Abuse

chong: can sapu?

chong

3,074 posts

Posted by chong > 2012-06-20 10:47 | Report Abuse

Brother tansrihew, don't just sapu at 1 go, buy in stages as it goes up....start small first

Cheers.

tansrihew

191 posts

Posted by tansrihew > 2012-06-20 11:06 | Report Abuse

bro chong: thanks for the advice.

chong

3,074 posts

Posted by chong > 2012-06-20 11:27 | Report Abuse

This is a undervalue counter.

nubhan

892 posts

Posted by nubhan > 2012-06-20 11:30 | Report Abuse

bro chong, favco why not moving laa, any news?

chong

3,074 posts

Posted by chong > 2012-06-20 11:37 | Report Abuse

Brother nubhan, sorry I don't keep watch & do any digging on Favco but I will try to dig later on & keep you inform if I find any....cheers.

Posted by alvinloke1989 > 2012-06-20 12:16 | Report Abuse

chong...but ivory borrowing a lot. 12 times of cash...is tat reali undervalue? and the project in penang stil uncertain, right?

chong

3,074 posts

Posted by chong > 2012-06-20 12:36 | Report Abuse

Take a look at this snapshot...it tells all....cheers.

http://i5.photobucket.com/albums/y193/chongwah/ivory_001.png

Posted by alvinloke1989 > 2012-06-20 14:58 | Report Abuse

chong..mind for add me??? hope getting more info from u..:) alvinloke1989@gmail.com

chong

3,074 posts

Posted by chong > 2012-06-20 15:08 | Report Abuse

Ok, brother alvinloke1989, will send you later...now busy active market...bursa should cross the 1600 points....cheers.

Posted by alvinloke1989 > 2012-06-20 15:09 | Report Abuse

summore the PE 9 sumthng.quite high. if around 5 or 6...is cal better, right?

Posted by James Chieng > 2012-06-20 21:50 | Report Abuse

bro chong, u use which platform? osk didn't has such function.

chong

3,074 posts

Posted by chong > 2012-06-21 00:05 | Report Abuse

Brother James Chieng, I am using HL platform. Also Public Bank nominees had this type of platform...cheers.

Brother alvinloke1989 , mail send, please read, many thanks.BTW, PE is still good at 9.

Cheers.

yewkhian

197 posts

Posted by yewkhian > 2012-06-23 09:56 | Report Abuse

Chong: Can u add me again, yewkhian@gmail.com. And buy ivory-wa better or mother share? Thanks

sclau1

13 posts

Posted by sclau1 > 2012-06-23 15:11 | Report Abuse

Plls add me leesclau@live.com.my. Hope to get more information.

albert05

28 posts

Posted by albert05 > 2012-06-24 10:57 | Report Abuse

Morning bro Chong pls add me albert_chan05@yahoo.com can share your info. thanks you

Mat Cendana

2,332 posts

Posted by Mat Cendana > 2012-06-25 13:59 | Report Abuse

@chong - Add me too, please. cendana287@gmail.com

Posted by Karthik Shanmugam > 2012-06-25 14:25 | Report Abuse

Bro Chong, add me also 99karthik@gmail.com
please share info on ivory and others. Tq

aec166

4 posts

Posted by aec166 > 2012-06-25 15:49 | Report Abuse

Bro Chong,add me, aec166@yahoo.com for ivory info.tq

kcfan

1,881 posts

Posted by kcfan > 2012-06-25 23:11 | Report Abuse

IVORY-WA is the one in the last month began trading vouchers. The voucher is supplied by Wei Lee Industry Group through the sale of additional equity financing "dessert".
Although the company's current share price is lower than the subscription price of 55 cents of additional shares, free gift vouchers in the current price of 19 cents has made profitable investors to subscribe for additional shares. IVORY, the parent stock 52.5 cents last week to end the transaction.
IVORY is a main base in Penang and Northern Industrial Development Corporation. The company's 2012 first quarter net profit fell 31 percent to 351 million ringgit more than 511 million ringgit in 2011.
However, the company said in a statement that while there will be significant growth in the second quarter results will be completed the acquisition of associated companies.
IVORY, the main force of the future industrial development will be the estimated development value of up to 10 billion ringgit Penang World Urban.
IVORY-WA current valuation is not from the point of view of the premium and implied volatility is low.
This reflects investors deeply optimistic about the future prospects of the company.
If IVORY is optimistic about the stock performance, conservative investors should buy the shares of the mother of Wei Lee Industry Group.
Wei Industry Group of business generally reflects the development of Penang future of the industry, promising to participate in Penang friends can also choose to leverage up to 1.8 times IVORY-WA.

jacklew

499 posts

Posted by jacklew > 2012-06-27 17:14 | Report Abuse

This article from FSL right? Wonder if he is neutral in writing his article...he hold RM2 million value of shares in Ivory.

kcfan

1,881 posts

Posted by kcfan > 2012-06-27 23:27 | Report Abuse

Article from Wen Shilin Master .Nanyang Press.

chong

3,074 posts

Posted by chong > 2012-07-03 10:27 | Report Abuse

Carry on buying

Posted by alvinloke1989 > 2012-07-03 11:27 | Report Abuse

TP for this counter how much?tis is long term stock?

Posted by tango0312 > 2012-07-22 20:58 | Report Abuse

any comment can buy ivory ?

Posted by petertan1976 > 2012-08-23 22:01 | Report Abuse

study at 2011 annual report, still going on to pay the loan within few year which more than 500m... better wait its price drop below rm0.4

bryan_su

645 posts

Posted by bryan_su > 2012-08-23 22:56 | Report Abuse

coming soon....

bigyellow

254 posts

Posted by bigyellow > 2012-08-23 23:02 | Report Abuse

monitor first...perhaps a down trend breakout...

bryan_su

645 posts

Posted by bryan_su > 2012-08-24 13:07 | Report Abuse

yes... once break up 0.55 with volume, then we buy in...

Posted by petertan1976 > 2012-08-27 21:14 | Report Abuse

better consider the election coming,... now still fighting between BN and DAP... once the right changed, all worst event will rise up..

lcng123

1,110 posts

Posted by lcng123 > 2012-08-28 10:37 | Report Abuse

Ivory RM10bil project was approved by DAP Penang government. If DAP lost in Penang, then Ivory may have big problem.

Posted by petertan1976 > 2012-08-28 22:45 | Report Abuse

also see the annual report 2011 declared for loan payment :
1/ upon signing the PDA : RM109,093920
2/ within a period of 4 months from the PDA : RM11,719,382
3/ within a period of 18 months from the PDA : RM124,365542
4/ within a period of 24 months from the PDA : RM193,082315
5/ within a period of 36 months from the PDA : RM229,170,902
6/ within a period of 48 months from the PDA : RM215,392,003
7/ within a period of 60 months from the PDA : RM188,179,200

Total load payment : RM1,072203,264
Where the $$$ for settlement?
Better wait.... monitor....

Posted by petertan1976 > 2012-08-28 22:45 | Report Abuse

PDA : purchase and development agreement between Penang government and Ivory

Posted by Voon Soon Yoong > 2012-08-29 16:19 | Report Abuse

DAP lose in penang? impossible lah..

Posted by caryn88yeoh > 2012-09-04 15:57 | Report Abuse

ivory is launching Penang World City project soon... stock will get traction by then,.. end of the year.

Posted by petertan1976 > 2012-09-04 22:45 | Report Abuse

better check its capable of loan clearance after 48months from PDA... current report can't fully pointed out its ability... especially on the operational cash flow .... not the cash flow from investment and finance... the ratio of operational cash flow and profit after tax was quite low... Again better put into watch list and action after a year ..

diablo88

1,215 posts

Posted by diablo88 > 2012-09-06 10:29 | Report Abuse

my sifu asked me to watch this stock. Some news is going to be announced for the penang project soon.

stocarat

24 posts

Posted by stocarat > 2012-09-06 13:15 | Report Abuse

u sure is loan? or just pay penang gov in stages?

diablo88

1,215 posts

Posted by diablo88 > 2012-09-07 09:47 | Report Abuse

they have dijaya behind them

diablo88

1,215 posts

Posted by diablo88 > 2012-09-07 15:27 | Report Abuse

is time to move...watch this.

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