Posted by trulyinvest > 2018-10-16 17:03 | Report Abuse

wat so great about ecoworld.. c d share px now....

Posted by Lukesharewalker > 2018-10-16 17:06 | Report Abuse

Yes. If they are at 10% stage, they would have been launched. They should show the initial sales revenue.
Good point

Posted by spygame007 > 2018-10-16 17:37 | Report Abuse

check back ecoworld history price first lah idiot fella. shot up from penny stock to few dollars stock. hahaha

Posted by spygame007 > 2018-10-16 18:00 | Report Abuse

but sad to said u are not me. haha haha

Posted by trulyinvest > 2018-10-16 19:39 | Report Abuse

No need,to promote la. No other good news,oredi

Posted by Warn3r > 2018-10-18 10:22 | Report Abuse

Alex Ooi pressed the price down from RM 1.70, he really should push it back up.

Posted by The_Reds > 2018-10-18 11:09 | Report Abuse

He said "excuse me, I didn't do that okay..."

Posted by spygame007 > 2018-10-18 13:06 | Report Abuse

no worry my friend. hahahaha. mark my word. rm1.70 before QR.

Posted by tatchanbull > 2018-10-18 13:47 | Report Abuse

Ideal keep dropping
even though the fundamental is good

Posted by The_Reds > 2018-10-18 13:49 | Report Abuse

Mark my words..rm2 before share split

Posted by trulyinvest > 2018-10-18 13:50 | Report Abuse

drop below rm1, then u can go klcc liao

Posted by The_Reds > 2018-10-18 14:08 | Report Abuse

Of coz it will drop below rm1..but after share split la..haha

Posted by Warn3r > 2018-10-18 14:35 | Report Abuse

If it hits RM 2 before share split then it won’t be below RM 1. =D

The PE was low previously because there was no breadth in the company profile (only 2 mid-of-life projects). Now with the asset injection, the profit have better sustainability and continuity (5-7 projects). And with the extra money there’s capital to further expand and launch more projects. Yes the profit gets diluted but it’s still an upgrade from a sonic speed one wheel vehicle to a fast speed 4-wheel drive. If the size and diversity and continuity of projects / profits are more comparable to those larger property companies, shouldn’t the PE be higher at around 10-15?

The company seems to be targeting the right market - affordable housing. Target market is mostly Chinese, who is known to have strong preference for buying new house before getting married regardless of the economic climate. Numbers that are shown (existing projects under IUBB) looks good. The owner / chairman is condo king with a wealth of experience, broad network and capitals. The other 3 companies run by the same couple shouldn’t be vastly different.

The recent proposal also included quite a fair bit of info graphics which indicates that they are running business base on analytics.

What did I miss out?

Posted by The_Reds > 2018-10-18 15:26 | Report Abuse

Current assets:
I-Santorini --> Tanjung Pinang
One Foresta --> Bayan Lepas
ForestVille --> Bayan Lepas

New assets:
Imperial Grande --> Sungai Ara
Amarene and Mori --> Sungai Ara
Imperial Ville --> Sungai Ara

their projects are well distributed throughout the penang island, with the new incoming projects focus on Sungai Ara area

maybe penang lang can enlighten us how's the development in this area

Posted by trulyinvest > 2018-10-18 15:35 | Report Abuse

many unsold properties... dun b overconfidence... else u kill urself .kikiki

Posted by Warn3r > 2018-10-18 15:37 | Report Abuse

trulyinvest. If you have figures pls share. Don’t give generic comment that doesn’t help anyone.

Posted by The_Reds > 2018-10-18 15:49 | Report Abuse

I have told u all that trulyinvest is now spygame number 2

Posted by spygame007 > 2018-10-18 16:02 | Report Abuse

wat a bargain. unfortunately, no more bullets to buy at such low price. haiz.... i buy all at 1.08. haha haha haha

Posted by spygame007 > 2018-10-18 16:06 |

Post removed.Why?

Posted by trulyinvest > 2018-10-18 16:09 | Report Abuse

warn3r, u never read news ka? baru saje news cakap many unsold properties last week. u search usrself la if u wana figure

Posted by spygame007 > 2018-10-18 16:10 | Report Abuse

i earn beautiful profit in 1st round. & tis is 2nd round with buy price at 1.08. again, thanks for those fools sold their shares to me bcause of panic sell, haha. those follow my buy call to buy below 1.10 u guys owe me a thank u. anyway im not tat kind of kecil hati person. haha haha

Posted by The_Reds > 2018-10-18 16:11 | Report Abuse

everywhere also got unsold properties..it doesn't applied to Ideal only

Posted by trulyinvest > 2018-10-18 16:14 | Report Abuse

tats y loh… outlook for properties is not good... y buy leh

Posted by lextcs > 2018-10-18 16:16 | Report Abuse

can anyone here tell me where the heck is this stock alliance telegramer? Seems they just vanished out of thin air after scamming tom dick and harry. maybe they untung enuf liaw. Bentong ginger still around?

Posted by The_Reds > 2018-10-18 16:17 | Report Abuse

trulyinvest..this is what happen when u only read the headlines...

Posted by Warn3r > 2018-10-18 16:19 | Report Abuse

trulyinvest. I mean, do you have the specific sales % for the injected development? An average of the few hundred or thousands developments across whole nation is at best, a very poor indicator for 3-4 specific projects in Penang.

Posted by spygame007 > 2018-10-18 16:22 | Report Abuse

wah! flash up to 1.50!?

Posted by Warn3r > 2018-10-18 16:22 | Report Abuse

Does the high overhang apply to I-Santorini or one foresta? We all know that’s not the case. And the high unsold % mostly apply to properties with price tag above RM 500k if you read carefully (actually I didn’t read carefully but also managed to catch this). So... do you understand what I mean or are you still unable to comprehend?

Posted by The_Reds > 2018-10-18 16:22 | Report Abuse

PETALING JAYA (June 28): The number of unsold residential properties in the country has risen significantly over the first quarter of 2018.

As of 1Q2018, Malaysia has seen a total of 34,532 unsold and completed residential properties.

Johor tops the list with a total of 12,722 properties unsold from 43,688 launched units, followed by Selangor and Kedah.

Meanwhile, Penang and Kuala Lumpur recorded 2,610 and 2,543 unsold units worth RM2.16 billion and RM2.77 billion, respectively.

In Penang, the majority of the overhang units were condominium units priced above RM500,000.

Posted by The_Reds > 2018-10-18 16:23 | Report Abuse

i edy cut and paste the highlights..read the important points..no need to thanks me

Posted by brushsoo > 2018-10-18 16:27 | Report Abuse

Hi the_red, u mean their projects are all below 500k？

Posted by spygame007 > 2018-10-18 16:28 | Report Abuse

hahahaha

Posted by The_Reds > 2018-10-18 16:31 | Report Abuse

i didn't say it...but u can take some initiative and do ur own research

Posted by trulyinvest > 2018-10-18 16:34 | Report Abuse

penang mostly condo... all kena

Posted by spygame007 > 2018-10-18 16:36 | Report Abuse

hahaha hahaha

Posted by spygame007 > 2018-10-18 16:37 | Report Abuse

pls buy before regret! soon will go up to rm1.70.
better believe it.

Posted by brushsoo > 2018-10-18 16:39 | Report Abuse

From their website，it appears to me that their project are very posh and look expensive.
Anyone can share the product pricing of their projects？

Posted by The_Reds > 2018-10-18 16:46 | Report Abuse

nobody will believe u la spygame

Posted by spygame007 > 2018-10-18 16:56 | Report Abuse

haha haha. nevermind lah at least i earn beautiful profit in tis counter.

Posted by apolloang > 2018-10-18 17:29 | Report Abuse

james bond u bought how many at 1.08? hehe

Posted by spygame007 > 2018-10-18 17:42 | Report Abuse

aiya. those buy below rm1.10 will laugh to the bank. haha haha. steady man. i told will dive below 1.10. those with patient will win big at the end. mark my words. pls if u miss my previous buy call, dont miss the boat tis round. big boy sure will push up the price all the way to rm1.70. better believe wat i said now. im good in predict. haha haha

Posted by kalanlady > 2018-10-18 17:55 | Report Abuse

CKLPS

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

Me still keeping and believe what spygame007 has said, hope his uncle will push it back to rm1.70 soon

Posted by apolloang > 2018-10-18 18:15 | Report Abuse

ur uncle bought at 1.04 lah 500,000 no give u some ar? hahaha

Posted by trulyinvest > 2018-10-18 21:21 | Report Abuse

Ioi property so famous oso down like hell? Wat is ideal.. dun to naive, sell b4 , too late. Construction n property r dead

Posted by spygame007 > 2018-10-18 21:32 |

Post removed.Why?

Posted by spygame007 > 2018-10-18 21:33 | Report Abuse

if the price still at 1.70 maybe u will have a change to buy some lots at lower price. anyway my buy price at 1.08. haha haha haha. u r joker

Posted by trulyinvest > 2018-10-18 21:38 | Report Abuse

I made some,gain during pushup... now sold all, never touch tis rubosh counter again. Game over oredi

Posted by trulyinvest > 2018-10-18 21:39 | Report Abuse

Beter u said rm17 la. Whole property counters in bursa r dead. Except ideal? Pls think think think again

Posted by spygame007 > 2018-10-18 22:09 |

Post removed.Why?