Posted by raizalmyinvests > 2024-05-19 01:06 | Report Abuse

Special dividend to come soon.

Posted by Willtolive > 2024-06-05 14:55 | Report Abuse

Coming soon, bought 1.48

Posted by badrul1970 > 2024-06-06 08:59 | Report Abuse

tak nampak pun sebarang petunjuk mcmana RHB-OSK boleh letak price target 2.20 :D

Posted by NickelLee > 2024-06-10 08:11 | Report Abuse

IWCity (1589.KL) Biggest Laggard In Johor Property Boom

Over the weekend, The Edge Weekly featured a 200-pager Special Edition titled “JOHOR READY FOR THE BIG LEAP”. Johor since the middle of last year had been the hotbed of investment be it property counters and the involvement in Data Centre Theme. Share prices with exposure to Johor were sure hits for these 18 months. The main catalyst is none other than the sheer amount of FDIs pouring into the state. In addition to the big policy moves to formulate and execute business-friendly decisions in spearheading the state’s economic growth.


Quoting Datuk Ho Kay Tat (Publisher & Group CEO of The Edge)

Publisher’s Note [THE STARS MAY FINALLY BE ALIGNED FOR JOHOR]

“In 2006, Malaysia launched the Iskandar development project to try and push things forward for Johor, but progress has not been as good as hoped and one reason is because of the cool response from Singapore.

But this appears to have changed recently, and there is now bullish optimism in the air because of closer government-to-government cooperation that has enabled things to move. The collaborative construction of the Rapid Transit System Link (RTS Link) from Woodlands in Singapore to Bukit Chagar in the heart of Johor Bahru and the creation of the Johor-Singapore Special Economic Zone will be game changers.

Another factor is that Johor’s Sultan Ibrahim is now the King of Malaysia and His Majesty will definitely give an added push to make things happen sooner, rather than later

For Johor, the stars may finally be aligned”



In a RHB Report dated 13 May 2024 Titled [Real Estate - JS-SEZ: The New Chapter of Iskandar Malaysia] mentioned a list of major landowners in Iskandar Malaysia. Further extrapolating from the list, the table below shows the share price performances of these landowners.


Company Name / YTD-Performance

UEM Sunrise +35.7%
Sunway +65.1%
IOI Properties +37.5%
Mah Sing +125.6%
LBS Bina +16.7%
Ecoworld +47.2%
AME Elite +2.4%
KSL +57.3%
Scientex +13.3%
😲IWCity -0.6% 😲
Crescendo +53.1%
YTL Corp +90.1%
MPHB +53.8%

To many investors' surprise, IWCity is the only company that printed a negative return on share price with a meagre -0.6% contraction. The average YTD return for companies with land banks in Iskandar Malaysia Region was +49.8% and even more on a 1-Year measurement.

Surging property prices in Johor as seen from recent transactions with KSL, Paragon Globe, Crescendo and AME Elite are some of the anecdotal evidence that land prices are indeed moving up. Hence, one needs to take a closer look at IWCity as it lags behind its peers by a far margin. Hence, an opportunity for the late comers to catch up with very low downside risks.

https://klse.i3investor.com/web/blog/detail/IWCITY/2024-06-09-story-h-159762931-IWCity_1589_KL_Biggest_Laggard_In_Johor_Property_Boom

Posted by Willtolive > 2024-06-11 15:30 | Report Abuse

up up up

Posted by badrul1970 > 2024-06-11 15:35 | Report Abuse

any AME good news related to Data Center in Johor ?

Posted by badrul1970 > 2024-06-11 15:52 | Report Abuse

big volume steadily coming in since this morning .. so far 4.68% change in price 💪💪

Posted by Willtolive > 2024-06-11 21:33 | Report Abuse

sleeping beauty just woke up, need to get up

Posted by diuleiloumei > 2024-07-11 23:44 | Report Abuse

Super laggard

Posted by Willtolive > 2024-07-14 22:00 | Report Abuse

Dividend should be in next week

Posted by Aubree > 2024-07-16 17:53 | Report Abuse

Thought the dividend was in last Friday ?

Posted by Willtolive > 2024-07-17 22:30 | Report Abuse

I use Rakuten trade, so dividends were in yesterday

Posted by Aubree > 2024-07-19 07:13 | Report Abuse

How come people receive dividend so late in Rakuten ? 😅

Posted by Aubree > 2024-07-24 22:11 | Report Abuse

That's big. RM2 by end of this year

Posted by sweetylemon > 2024-07-25 09:21 | Report Abuse

AME really can fly or not? RHB put highrer TP and buy call in June... Now nearly end of July already and the chart is still ot enticing.

Posted by Aubree > 2024-07-29 19:49 | Report Abuse

This stock really takes times to fly ...

Posted by laucsh > 2024-07-29 22:00 | Report Abuse

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Intention to Deal During Closed Period
AME ELITE CONSORTIUM BERHAD

Is anyone can tell me why this company boss often do this deal ??? It has been few times already but nothing good news come out....

Posted by Aubree > 2024-07-31 17:17 | Report Abuse

looks like it is going up

Posted by Willtolive > 2024-08-02 17:33 | Report Abuse

Playing sideways

Posted by Aubree > 2024-08-29 20:11 | Report Abuse

AME Elite’s 1Q net profit drops 37% on lower property, construction contributions ...
https://theedgemalaysia.com/node/724712

Posted by Willtolive > 2024-08-29 20:33 | Report Abuse

No wonder stock price tend to go lower

Posted by Aubree > 2024-09-02 17:36 | Report Abuse

Fortunately, it doesn't drop much ..

Posted by Willtolive > 2024-09-02 18:17 | Report Abuse

it also didn't up much. my cost was 1.40 and sold 1.68 after dividend. I sold because the price was sideways being kept within a tight support and resistance

Posted by Aubree > 2024-09-04 23:07 | Report Abuse

consolidation mode for AME at RM1.52 there

Posted by diuleiloumei > 3 weeks ago | Report Abuse

Feeling positive

Posted by Aubree > 2 weeks ago | Report Abuse

Indeed positive
https://www.businesstoday.com.my/2024/11/29/ame-elite-raises-sales-target-to-rm550-million-following-strong-uptake/