iwcity in danga bay invited many developers to join hands and develop together. I believe the same will happen in BM. Maybe Malton will also be involved. let's see how it goes. Sometimes it is better to bet on both horses. That's why I took position with iwcity and Malton.
Becareful those chasing the price because of Bandar Malaysia again, everything speculative will end up with a hard fall.. no solid proof that Malton / WCT is related to Bandar Malaysia
If that is the case then why Malton was not in the list during the previous round of bandar malaysia? remember the hard fall from 1.9 ? i think you try too hard to create speculative news with information pull from your buttock
Don talk so much yea... It is climbing to 0.80 soon...u wanna buy 13ryan, just Buy, otherwise just seal ur mouth...the more you talk the more it will go higher yea...
The others related Bandar Malaysia's counters are consider high, except Malton and Wct currectly. As I noticed, Malton still run quite slow than others.
Within our coverage, IJM Corp Bhd, Sunway Bhd (via Sunway Construction Bhd) and WCT Holdings Bhd are potential beneficiaries of the affordable housing scopes, although we believe they will be highly selective in their bids.
The market cap for Iwcity is only traded at RM1.1 billion only now.
JUST THINK, OKAY? RM2 for Iwcity, the market cap is just RM1.6 billion only.
Bear in mind, it is not even more than RM2 billion market cap.
This is fantabulous cheap!
For Iwcity to reach RM2 billion market cap, the share price should worth at least RM2.40.
Ekovest market cap is already now traded at slight above RM2 billion.
Please take note
Conclusion, Strong Buy Iwcity at RM1.60-1.72 tomorrow. The share price should be able to go above RM2 on Wednesday easily after another round of limit up on tomorrow!!! Good luck and all the best. Cheers :)) OTHERS RELATED COUNTERS WILL JOIN BANDAR MALAYSIA ARE:
Malton will surely reach 1.00 soon... Just remember last time Malton Rose to 1.90 betting on the Bandar Malaysia News...So tis time will be another round of rally above 1.00...pls Don forget Malton still have 1.2 billion of unbilled sales and the yet to announced Taipeh City construction project which should add further catalyst to its future price performance...it is surely a 1.00 stock combining all these positive catalyst...Though Malton not chosen as master developer of tis Bandar Malaysia, it should get some projects from tis 160 bil Bandar Malaysia OR it will merge with WCT to undertake major projects...
This counter is so undervalued. Major catalyst is also the outcome of Taman Rimba Kiara issue soon to be decided by cabinet meeting. Hope it turns out well.
Look at all the "story tellers" coming out riding on the speculation of Bandar Malaysia again, even have the audacity to say back then it went to 1.90 and after an official release that Malton has no involvement it went through sharp dive, those who chase around those price, what happen?
My question to all who want to chase high, what happen when the same announcement came out again? Go and read ekovest and gadang announcement just release today, tomorrow see what happen to the share price.
The Bandar Malaysia project that had been terminated in May 2017 is a mixed-use, transit-oriented development (TOD) in Kuala Lumpur and planned as a central transport hub with connections to KL HSR, MRT, KTM Komuter and ERL plus 12 other highways. (MALTON 在 JANUARY 2017 年之前价位只有区区的70 sen多,April 2017 当而得MALTON价位在RM1.80-RM1.90) 在May 2017年,当政府宣布暂停BM时,Malton才被逼回落)
可,如今TUN MA已经COMFIRMED BANDAR MALAYSIA 启用,还加上建立10,000 units 可负担房屋呢! 打死我,都不相信MALTON怕不回去至少RM1.00吧。 RM1.80 的50%discount 都得到RM0.90咯
It is meant to transform a 486-acre former military base into a global hub to further attract high-impact global finance, technology and entrepreneurial firms. The project is expected to positively benefit urban development, attracting foreign direct investments and generating an expected GDV of RM140bn. It will draw major international financial institutions, multi-national corporations (MNCs) and Fortune 500 Companies to locate their regional headquarters in Bandar Malaysia. We also understand that tech giants such as Alibaba and Huawei have also manifested interest to establish their ICT centers in the area. The IWH-CREC led consortium have been asked by the Government for an advance payment of RM500m in addition to the original deposit sum of RM741m, within 60 days to reinstate their participation in the project.
Expecting some changes to benefit local construction-based players. This development comes in as a positive surprise as it is being announced just a few days after the ECRL project. The project was subsequently retendered after the termination, though the process had been somewhat quiet after rounds of bids. In July last year, the ministry’s officials disclosed that there were “zero” developers who had expressed interest in the project. Reinstatement of this project is an obvious shot-in-the-arm, particularly to the local construction sector. Given the greenfield nature of this project, players exposed to the initial infrastructure-based phases (access roads, earthworks, water and sewerage treatment plants, substantial piling works) could be sizeable opportunities.
Within our universe, big names like Gamuda, IJM Corporation and WCT Holdings could be beneficiaries for the construction works.
Specialist contractors such as Advancecon Holdings (not rated) for earthworks, Econpile Holdings (not rated) and Pintaras Jaya (not rated) for piling, Lafarge Cement (not rated) and Tasek Corporation (not rated) could also be beneficiaries.
This “re-award” to the IWH-CREC Sdn. Bhd. consortium which was chosen in an international open tender exercise participated by over 40 world renowned companies, including from Japan, Australia and the Middle East is expected to rerate Iskandar Waterfront Holdings (not rated). That said, details are still light at this juncture on the actual investment/land cost the JV is forking out for the mammoth development. Other beneficiaries in our view are Malaysian Resources Corporation (not rated) which was the joint-venture partner under the Bandar Malaysia Integrated Transportation Terminal and MMC Corporation (not rated) for the potential revival of Bandar Malaysia MRT 2 underground stations.
Latest News... EKOVEST n IWCITY denied they involved in Bandar Malaysia project...Might be last min got changes...Maybe gonna be awarded to Malton? Wat you all think...Ekovest denied participation is good news for Malton
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
singh1
1,008 posts
Posted by singh1 > 2019-04-19 05:19 | Report Abuse
At current price, it is still very cheap.