Posted by MrsLee > 2021-07-10 16:38 | Report Abuse

Tun will come back?

Posted by monetary > 2021-07-10 17:29 | Report Abuse

too much nonsense la. 1st Hisham. now Tun. Whoever in power also has to kick start budget 2021

Posted by aiaili > 2021-07-10 21:13 | Report Abuse

https://www.theedgemarkets.com/article/gps-supports-muhyiddin-now-not-time-politicking-%E2%80%94-abang-jo

Posted by monetary > 2021-07-11 11:55 | Report Abuse

https://www.nst.com.my/business/2020/09/626587/ekovest-list-duke-q3-2021-aims-raise-rm2bil

Botak wants to list 25% of Duke to raise 2B. He says Duke worth 11 to 12B. After subtracting total liabilities of 7.95B, add all cash & equivalent of 1.52B, we get 4.57B or 1.7 per share. Many have seen it's value but fell into this value trap losing a lot of money. Now Duke is almost completed. If Botak succeeded to unlock it's value then hoseh liao!

Posted by UPlanet > 2021-07-11 13:40 | Report Abuse

Last time i thought botak wanna to listing the Bandar Malaysia as well through IWH! Now no more news? Always ‘halfway’ ke? Sigh!

Posted by Lanmum > 2021-07-11 13:48 | Report Abuse

When botak want to list? So long time waiting until botak grow old also cannot see Bandar Malaysia. Other people will quickly grab the opportunity to cash out this pot of gold. He wait till 90 only see a lamp post lights on at night.

Posted by monetary > 2021-07-11 14:04 | Report Abuse

Take a look at Eko cash pile in the past & now. Eko almost sailang in Duke. Botak is more desperate than anyone here to unlock Duke value.

Posted by monetary > 2021-07-11 14:09 | Report Abuse

Few yrs ago ppl alrdy started valuation on Duke. Forecasting traffic flow & income. Unfortunately too many Indian movies happened. All lost until mama can't recognize. Buying at the right timing is very important. Now share price has battered down almost all time low & Duke 3 is about to complete. Must revisit this stock.

Posted by Lanmum > 2021-07-11 14:31 | Report Abuse

I watch eagle eye drone, still long way to complete. Maybe, 1 year or more led.

Posted by monetary > 2021-07-11 14:48 | Report Abuse

The company had applied to Lembaga Lebuhraya Malaysia for an extension of time to complete the project, approval of which is expected to be received by end-November 2020. The extension sought is to March 2022, but DUKE 3 has an internal target to complete SPE and start tolling operations by July 2021.

https://www.marc.com.my/index.php/marc-rating-announcements/1334-marc-revises-duke-3-s-rating-outlook-to-stable-2020#:~:text=The%20extension%20sought%20is%20to,as%20at%20end-July%202020.

Posted by UPlanet > 2021-07-11 17:09 | Report Abuse

Lanmum bro, it’s very true!!! Why already bought such a goldmine land still hang it there??? Just really don’t get it? Why? Waiting for resell to China contractors??? Really dumn boss!!! Sigh!


Lanmum When botak want to list? So long time waiting until botak grow old also cannot see Bandar Malaysia. Other people will quickly grab the opportunity to cash out this pot of gold. He wait till 90 only see a lamp post lights on at night.

Posted by Lanmum > 2021-07-11 17:14 | Report Abuse

I mean need to start or continue with new development ma. The bigger the better. At least can enjoy more money while still can. Maybe he dunno or dont want to enjoy life ... Haha

Posted by Lanmum > 2021-07-11 17:15 | Report Abuse

@ monetary, thanks for sharing. Will seriously look into this counter again.

Posted by roger3210 > 2021-07-12 08:30 |

Post removed.Why?

Posted by Bgt 9963 > 2021-07-12 08:43 |

Post removed.Why?

Posted by SJSOON > 2021-07-12 09:49 | Report Abuse

EKOVEST sudah gone case lol

Posted by unomi12 > 2021-07-12 10:37 | Report Abuse

ekovest have been stay down for so long, i wonder when this giant will wake up. Almost every day low volume pushing the share down. lack of buyers.

Posted by UPlanet > 2021-07-12 11:44 | Report Abuse

Quickly slash to 0.20, then we can buy more la..

Posted by monetary > 2021-07-12 12:11 | Report Abuse

only possible if Duke 1 2 3 all collapse

Posted by newbie8080 > 2021-07-12 12:19 | Report Abuse

Pandemic period is definitely not a friend to construction, property and highway concessionaire.

Posted by RISK8888 > 2021-07-12 22:11 | Report Abuse

hold on for another 2 more months, once the market open up, all chase like no tomorrow. quite certain everything will be good after merdeka day. base on the vacinnation speed, it will reach 50% on 31 Aug. don't give up now.

Posted by IdleMoney66 > 2021-07-13 10:49 | Report Abuse

Great to see my buy queue at 0.37 :D

Posted by roger3210 > 2021-07-13 23:48 |

Post removed.Why?

Posted by Steady Bom BiBi > 2021-07-14 12:06 | Report Abuse

no news is good news

Posted by roger3210 > 2021-07-14 17:03 |

Post removed.Why?

Posted by lucky8 > 2021-07-14 19:29 | Report Abuse

big trend still down, construction counter bila akan balik ?

Posted by awesome20 > 2021-07-14 19:29 | Report Abuse

later

Posted by sparrow > 2021-07-14 19:59 | Report Abuse

https://www.theedgemarkets.com/article/iwhcrecs-rm74-billion-deal-buy-60-stake-bandar-malaysia-falls-through

Posted by Maurice1688 > 2021-07-14 20:27 | Report Abuse

finally

Posted by Jessieho > 2021-07-14 20:50 | Report Abuse

Tomorrow gg

Posted by Steady Punpipi > 2021-07-14 20:58 | Report Abuse

Bandar Malaysia deal lapsed.....RUN !!!!

Posted by Loh Kok Wai W > 2021-07-14 21:08 | Report Abuse

buy,buy,buy,....die.die.die...

Posted by Maurice1688 > 2021-07-14 21:10 | Report Abuse

waiting for aiaili to comment

Posted by rr88 > 2021-07-14 21:24 |

Post removed.Why?

Posted by IdleMoney66 > 2021-07-14 21:30 | Report Abuse

Finally, drop more and more

Posted by unomi12 > 2021-07-14 21:32 | Report Abuse

Termination on bandar malaysia would be a good for now , at least there is no penalty being paid especially termination of HSR. Without HSR , bandar malaysia is not a good development.

Posted by monetary > 2021-07-14 21:32 | Report Abuse

still got ppl believe in BM ar? lol! The only asset Eko has is Duke. BM is gone case liao. Anyway this news will test the bottom tomorrow.

Posted by CHG2651 > 2021-07-14 21:53 | Report Abuse

Let’s see tomorrow what will happen . Will hit bottom ? See the show tomorrow

Posted by monetary > 2021-07-14 21:57 | Report Abuse

now everyone is monetising their companies. so many IPO lately. whats more important than pocketing cash in time of uncertainty? listing Duke should be botak priority. pouring billions into BM will bring botak to Holland.

Posted by Syndicates > 2021-07-14 22:08 | Report Abuse

kang kung kia is so lucky. imagine the bandar malaysia developed without hsr, without fortune 500 companies joining, it would be like a second cyberjaya? those who bought their first investment nearby there with speculation got their hand burnt.

Posted by cg14134 > 2021-07-14 22:09 | Report Abuse

The announcement is bad for IWCity but ok for Ekovest.

Posted by cg14134 > 2021-07-14 22:13 | Report Abuse

Ekovest is worth a lot more than the current price without drag from RPT concerns.

Posted by michaelwong > 2021-07-14 22:23 | Report Abuse

https://www.theedgemarkets.com/article/iwhcrecs-rm74-billion-deal-buy-60-stake-bandar-malaysia-falls-through?type=malaysia

Posted by winmal > 2021-07-14 22:30 | Report Abuse

more valuable assets is highway concession Duke 1,2 &3 already worth more than current share price

Posted by jackson88 > 2021-07-14 22:30 | Report Abuse

Good news for both Ekovest and IWCity. RM1.54billion refund to IWH and CREC. No more pressure for RPT

Posted by unomi12 > 2021-07-14 22:34 | Report Abuse

"Investment analysts said this could be a stroke of luck for IWH to exit the deal given the Covid-19 pandemic, the gestation period for the mega development is even longer.

A source familiar with the deal commented that the Covid-19 pandemic has changed the real estate market tremendously. It is a totally different scenario now compared with when the deal was struck, in terms of office space demand."

https://www.theedgemarkets.com/article/iwhcrecs-rm74-billion-deal-buy-...

From my perspective , this is a good move for IWH , keep the cash first to seek better opportunity.
Currently having BM is a big black hole, despite so many SME business is closing down.

From the termination, there is no penalty issued to IWH-CREC. Nobody know this covid will last how long.

Perhaps with this cash they can venture to other prominent business, like what they initially invested in PLS plantation

Posted by jackson88 > 2021-07-14 22:43 | Report Abuse

I will try to sell my Ekovest tomorrow and switch to IWCity. IWH and CREC is going to be cash rich with RM1.54bil refund from govt. There is a good chance IWH may take IWCity private at current price.

Posted by HOMESOY > 2021-07-14 22:46 | Report Abuse

https://www.theedgemarkets.com/article/iwhcrecs-rm74-billion-deal-buy-60-stake-bandar-malaysia-falls-through#.YO7M5ghlroU.telegram

Posted by HOMESOY > 2021-07-14 22:46 | Report Abuse

35c

Posted by jackson88 > 2021-07-14 22:56 | Report Abuse

IWH will have 50% of the RM1.54billion refund from MOF. That’s RM777 million. They just can’t park the money in the company. IWH is almost debt free. Very likely they will invest the money. My guess is they will take IWCity private at current low price of 1/3 of NAV.