Posted by alivetoinvest > 2014-07-15 16:04 | Report Abuse

If...
Any correction at this point will be a massive one :/

Posted by alivetoinvest > 2014-07-16 12:41 | Report Abuse

Offloaded everything...

Posted by feifun > 2014-07-23 10:16 | Report Abuse

JV with Tropicana in Penang, Penang World City is doing well

Posted by alivetoinvest > 2014-07-23 11:53 | Report Abuse

Wow, my believe actually worked. I decided to stop talking here and........
Woooohoooo

Posted by AyamTua > 2014-07-23 15:30 | Report Abuse

counter ini mau beranak.. ha..ha..ha

Posted by AyamTua > 2014-07-24 07:25 | Report Abuse

let see today! yeehaaa kikkkiiiii

Posted by AyamTua > 2014-07-24 09:09 | Report Abuse

show time! kikiki

Posted by AyamTua > 2014-07-24 09:11 | Report Abuse

Goliath has awaken.. kikikiki

Posted by WDragon > 2014-07-24 09:38 | Report Abuse

yes, ivory time ...

Posted by AyamTua > 2014-07-24 10:13 | Report Abuse

tungguuuu

Posted by AyamTua > 2014-07-24 10:46 | Report Abuse

waiting for shooting star ............... kikiki

Posted by Devil86 > 2014-07-24 19:22 | Report Abuse

one day show?

Posted by feifun > 2014-07-24 20:27 | Report Abuse

An active and profit making developer better than those with land without or with little development

Posted by alivetoinvest > 2014-07-25 19:26 | Report Abuse

Goreng soon

Posted by Devil86 > 2014-07-30 21:36 | Report Abuse

any news for this counter?

Posted by alivetoinvest > 2014-07-31 15:30 | Report Abuse

Nope, just pure goreng

Posted by impartiality > 2014-08-02 04:30 | Report Abuse

Attempted goreng which will just end up goreng themselves something like shooting yourself like the foot . Global markets are getting volatile and usually lousy companies get hit first and hard

Posted by SANG-JERO > 2014-08-02 23:27 | Report Abuse

I don't see this counter going any lower ......just up.....timing...maybe soon...maybe latter....Good Luck

Posted by feifun > 2014-08-03 20:18 | Report Abuse

with so many projects on hand, good sales, should be good.

Posted by impartiality > 2014-08-05 01:22 | Report Abuse

Good sales ? They have seen saying this for quite some but it can barely make a profit . There is more than meets than eye

Posted by Hustle > 2014-08-06 13:10 | Report Abuse

Currently everybody here is expected this Treasure Island land bank hehe

http://www.thestar.com.my/Business/Business-News/2014/06/24/Ivory-plans-RM14bil-projects-Group-to-develop-80acre-land-bank-in-Penang-over-the-next-couple-of-yea/

Posted by flee8 > 2014-08-06 21:54 | Report Abuse

Finally this deal call off;
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1703677

Posted by AyamTua > 2014-08-06 22:01 | Report Abuse

sama rega dengan bpuri.
bpuri naik. ivory tidur.
perlu makan viagra
kikiki

Posted by Hustle > 2014-08-07 08:52 | Report Abuse

Of course, it will affect this coming quarter report a lot. Save 400mil that going to spend lol.
If the Rakyat Plaza deal successes, it is not an immediate return too right? Possibly still need to drag for a few quarter to observe for his ROI. Penang World City revenue is already a fix call, just sit back and enjoy the revenue.

Posted by davidkkw79 > 2014-08-07 09:35 | Report Abuse

ivory problem is it has too much debt...market don't like this kind of high debt company

Posted by Hustle > 2014-08-07 13:34 | Report Abuse

PE & Debt comparison please refer to Talamt, it seems like lots of marketeer love high PE & High Debt since the more the company loan from bank the more respect she get from the bank.

Posted by impartiality > 2014-08-07 15:04 | Report Abuse

What crap ? Even mah sing p/e is only 12 ivory is the only small cap developer that has a p/e above 15 and the normalized p/e should be 50 given that 80 percent of last years profit came from one off revaluation

Posted by Hustle > 2014-08-07 16:49 | Report Abuse

I'm suggest you buy CSL the PE only 0.78, you can get your ROI within 7.8 month only if follow the PE figure lol.

Posted by kakashit > 2014-08-07 21:50 | Report Abuse

http://aliinvest.blogspot.com/2014/07/siling.html

cold eye let go all his 3mil shares of Ivory during July liao

Posted by lepeng85 > 2014-08-08 12:20 | Report Abuse

cold eye dispose it because of what?

Posted by Hustle > 2014-08-09 19:16 | Report Abuse

He buy too much HBGLOBAL at high side, currently want average back at low hehe

Posted by slowslow > 2014-08-11 23:00 | Report Abuse

Hustle , resource frm where? Is it reliable? I thk not posibble due to this hbglobal now pn17. He wont buy 投机share as I know. Correct me if I m wrong

Posted by impartiality > 2014-08-17 19:36 | Report Abuse

Resources from thin air

Posted by steveooikp > 2014-08-22 12:17 | Report Abuse

high gearing company.

Posted by alivetoinvest > 2014-08-24 20:09 | Report Abuse

Chill la long term investment

Posted by keepcoming > 2014-08-27 11:45 | Report Abuse

comatose company

Posted by Shereencsk > 2014-08-28 22:53 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1725485

Posted by impartiality > 2014-08-29 00:58 | Report Abuse

The majority of profit came from a JV company around 8 mil. The cash flow from operations is still negative. Please take note that Ivory did not get a single cent of the 8 mil in cash unless the JV announces dividends which it didn't. It is nothing more than paper profit and is not sustainable. Recognition of profit in JV is one thing but getting the physical cash is the most important thing

Posted by cherry tomato > 2014-08-29 04:26 | Report Abuse

Those that wanna to buy might as well invest in MUH rather in this sick mgt and sick TA + sick FA counter.

Posted by keelin > 2014-08-29 08:57 | Report Abuse

5x profit still complaint ?

Posted by impartiality > 2014-08-29 09:45 | Report Abuse

It is not cash profit and it is most likely non recurring

Posted by PeiLin > 2014-08-29 11:38 | Report Abuse

Obviously Ivory is not involving in manufacturing or plantation, where the business will be recurring on every quarter :-p

Posted by impartiality > 2014-08-29 15:32 | Report Abuse

Keelin you must understand corporate finance one ringgit of profit does not necessarily translate into one ringgit cash inflow in this case the overwhelming majority of the profit did not translate into positive cash flow

Posted by Hustle > 2014-08-29 16:13 | Report Abuse

Agree with you impartially, luckily at the optimistic moment manage to collect some WA at 0.21. How many you have collect?

Posted by impartiality > 2014-08-29 16:30 | Report Abuse

U still don't get it no fund managers will collect it because they know 8 mil of the profit is a recognition of a jv which does not translate into a single cent in cars to ivory. These type of profits are mostly one off that's why the share is not rallying today

Posted by PeiLin > 2014-08-29 16:35 | Report Abuse

Impartiality,

Firstly, thanks for your kind explanation.
I would agreed that one ringgit profit does not equal to one ringgit cash inflow.

But, how about if they continue receive upcoming projects, such as Penang World City, and also rumors on Batu Kawan?

Please feel free to share your valuable opinions.

Posted by sephiroth > 2014-08-29 16:37 | Report Abuse

debt is way too high enuf to drown the co

Posted by impartiality > 2014-08-29 16:57 | Report Abuse

If you are the boss you will most likely be swimming at the deep end of the pool unless u get hard physical cash fast given the high debt. If u look at the cash flow of operations carefully the 8 mil jv profit was deducted completely meaning it is a non cash item and the co did not a single cent of the 8 mil in cash that explained why their cash flow is still negative

Posted by Hustle > 2014-08-29 17:00 | Report Abuse

May I ask you something sephiroth, if we already booking some units with Ivory then it drown, as a house buyer do we get refund?

Posted by impartiality > 2014-09-02 19:50 | Report Abuse

No in the event that the company is liquidated after being wound up, secured creditors and debt holders such as bank and bondholders will get paid first and this company has a lot of debt indeed