Posted by ribort_kok > 2018-08-23 23:38 | Report Abuse

Buy more ..the time for ivory will be coming..buy n keep more..

Posted by AyamMuda1 > 2018-08-29 18:32 | Report Abuse

2.5 sen dividend with loss QR? World change bec change govn?

Posted by Nicole Chua > 2018-08-29 22:36 | Report Abuse

wow..first time to giv out dividend

Posted by Ivory > 2018-08-29 23:00 | Report Abuse

First dividend since IPO. Good news before AGM. Those attending AGM pls inform why Ivory cannot aim Tambun(also Penang property company) price by giving more dividend in years ahead.

Posted by Ivory > 2018-08-30 11:41 | Report Abuse

Privatised like Daiman? What offer price acceptable? Min 60 sen?

Posted by Ivory > 2018-08-30 11:44 | Report Abuse

IPO RM 1 if privatise still lose money those buying last 7 years.

Posted by Ivory > 2018-08-30 11:47 | Report Abuse

2.5 sen dividend first ever Ivory declare meaning bad time over and good time ahead?

Posted by Ivory > 2018-08-30 11:48 | Report Abuse

kcgoh1234 where are you? Who say Ivory cannot give dividend?

Posted by Ivory > 2018-08-30 11:48 | Report Abuse

Dividend is like our money keep in banks. If longer keep does it mean no more?

Posted by Ivory > 2018-08-30 11:49 | Report Abuse

2.5 sen dividend is like 0.5 sen for 5 years what to complain.

Posted by Vienvien > 2018-08-30 13:28 | Report Abuse

Hi im newbie, may i know any procedure or registration needed from my side for dividend payout? And how they will pay it? By cheques?

Posted by MAL TON > 2018-08-30 16:09 | Report Abuse

I sapu already today 0.28 0.285

Posted by HoselGoh > 2018-08-30 18:39 | Report Abuse

yup Management turn to be generous and willing to share profits to the shareholders. Thumbs up! the dividend yield change to 8.7% based on closing price 28.5...

Posted by aboy > 2018-09-05 06:03 | Report Abuse

something tak betul, losing money and still give so much dividend, no logic, mukin I smell something fishy yang kita tak tahu?

Posted by plroo7 > 2018-09-06 13:48 | Report Abuse

Think positive... Hope for the best....

Posted by thevillages > 2018-09-14 01:06 | Report Abuse

forget about those construction companies especially no make money one ...
my price 0.565, hohoho, terrible right? lol

Posted by ZEPAN > 2018-09-15 17:04 | Report Abuse

Me think Ivory is undervalue, me top up more.

Posted by 5354 > 2018-09-15 17:09 | Report Abuse

You ask Texchem why they can give 10 sen dividend when QR is loss?

Posted by aboy > Sep 5, 2018 06:03 AM | Report Abuse
something tak betul, losing money and still give so much dividend, no logic, mukin I smell something fishy yang kita tak tahu?

Posted by 5354 > 2018-09-15 17:15 | Report Abuse

Agree. Might be next QR good and big amt of cash just received.

Posted by plroo7 > Sep 6, 2018 01:48 PM | Report Abuse
Think positive... Hope for the best....

Posted by 5354 > 2018-09-15 17:16 | Report Abuse

NTA 90 sen sell land, properties can get back 90 sen?

Posted by Yael Jasper > 2018-09-18 11:40 | Report Abuse

Good news incoming, oh yeah !

Posted by Good_News > 2018-09-30 15:59 | Report Abuse

PTMP crucial for Penang’s future, says chief minister
https://www.themalaysianinsight.com/s/99824

Posted by Penang_lang > 2018-10-22 16:08 | Report Abuse

Penang WorldCity can reclaim more land since hillside(eg Paya Terubong) not allowed development?

Posted by Low_Eng_Hock > 2018-10-23 12:18 | Report Abuse

If not giving dividend people like kcgoh1234 complained. After giving first ever dividend people still not satisfied.

Posted by Low_Eng_Hock > 2018-10-23 12:18 | Report Abuse

What should I do next? Privatised every1 happy?

Posted by thevillages > 2018-10-27 22:36 | Report Abuse

0.245 now .... hopeless ?

Posted by Penang_lang > 2018-11-02 11:34 | Report Abuse

Why no hope? Why not sell Penang WorldCity land to E&O/ Ecoworld/Mah Sing/Gamuda etc?

Posted by Penang_lang > 2018-11-16 11:07 | Report Abuse

No postings so long meaning all bought cut loss true? Why yesterday announcement no1 talk?

Posted by plroo7 > 2018-11-19 17:30 | Report Abuse

No idea got announcement Penang_lang... Counter not active so no comments lo...

Posted by thevillages > 2018-11-24 01:13 | Report Abuse

0.235 , slowly slowly slowly ...

Posted by Change_ > 2018-11-26 22:49 | Report Abuse

Change to PH govn worse is it? Why share cannot up anymore?

Posted by Ivory > 2018-12-11 11:55 | Report Abuse

Jesselton Peak land selling need more time bec land more expensive? RM 150 million sold in 2015 too cheap now? Should be above RM 200 million now?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6001717

Posted by thevillages > 2018-12-11 21:09 | Report Abuse

slowly and slowly and slowly price drop , nvm, i will collect once price reach 0.10 * to all ivory management , keep lower down current price ...

Posted by AyamMuda1 > 2018-12-18 05:52 | Report Abuse

Why 21 sen cannot collect? I bought some.

Posted by 8888_ > 2019-01-07 11:27 | Report Abuse

Penang WorldCity sea reclamation project why no news? Where Penangites will stay come 2030?

Posted by Penang_lang > 2019-01-14 10:00 | Report Abuse

Don't forget us PH(Dap) or you will regret in GE15.

Posted by commonsense > 2019-01-28 14:28 | Report Abuse

1H19 result was really not that great with revenue of only at RM56.5mil and the company recording a loss of RM7.3mil. Given the slowdown of the property market, couple with the company already high completed unit inventories (RM117mil), it is expected that the company might decide to delay some of their new launches that was initially schedule for 2019. Investors need to expect a similar result in 2H19 with the company probably recording a full year loss in FY19. Any rebound in profit will most likely come in FY20 (end march 2020) given the tail end and expected completion of The Wave development by 3Q20.

If you are looking to diversify your portfolio outside of Ivory Properties (due to its earnings uncertainties) I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

FY19 growth will be driven by the still high demand of the new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. The recent announcement of closure and potential disposal of the loss-making alloy wheel manufacturing business alone is expected to boost the company’s profit by an additional RM10mil to RM20mil. I am projecting a profit to shareholder of RM170 mil for FY19 which at the current price values MBMR at only 5.9x PE.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analysts is around RM3.50.

Good luck.

Posted by Penang_lang > 2019-02-15 16:19 | Report Abuse

PH worse than BN? Why Ivory 22 sen never under BN?

Posted by Undi_PKR > 2019-02-22 12:24 | Report Abuse

Affordable housing projects?

Posted by Undi_PKR > 2019-02-25 14:32 | Report Abuse

Revenue improve why nobody can see?

Posted by Undi_PKR > 2019-02-25 14:33 | Report Abuse

Aset(NTA) 86 sen not big?

Posted by Undi_PAS > 2019-03-15 09:51 | Report Abuse

Why IPO RM 1 can approved when only 21 sen fair value today?

Posted by aris743 > 2019-04-09 12:51 | Report Abuse

ivory start now.

Posted by Penang456 > 2019-05-04 02:58 | Report Abuse

Penang sees drop in property overhang
https://www.theedgemarkets.com/article/penang-sees-drop-property-overhang

Posted by pow_kor > 2019-06-03 15:29 | Report Abuse

it's alive...

Posted by Penang_lang > 2019-06-07 11:30 | Report Abuse

Although Penang property company Ivory latest QR show KL project boost sales and profit.

Posted by Penang_lang > 2019-06-07 11:43 | Report Abuse

Between property and O&G(eg KNM) property ctr far safer. Seldom hear people bankrupt from property haha.

Posted by ivan9511 > 2019-06-07 13:39 | Report Abuse

Results super good company undervalued.
Cash is King CASH
Ivory can go back to 90sen

Posted by malton > 2019-06-11 19:45 | Report Abuse

today start engine

Posted by Alex7111 > 2019-06-12 21:23 | Report Abuse

Going up soon