What the fun, why the deal will need 2.5 years to complete?

"Upon completion of the proposed land disposal, it is expected that the Iskandar Waterfront will recognise a gain of approximately RM1.2 billion (after taxation) or approximately RM1.80 sen per ordinary share of 50 sen each in Iskandar Waterfront," the group explained.

Iskandar Waterfront estimates the deal to be completed by the first quarter of 2018. "

http://klse.i3investor.com/ptservlet.jsp?sa=pts&q=IWCITY

End of next year.

Of course, he sure makan sendiri first then after the value ballooned ady then only inject into Malton or Pavreit, and makan again with the shareholders like us; so he can makan big big and twice but share abit with us.

can sell all already, going downtrend.

damn, my cost is 0.82, so i have to sell at a loss? we as minority share holders no right to reject or counter offer for higher price?

nikeblood, Thanks for your info.

http://www.theedgemarkets.com/my/article/mrcb-sale-platinum-sentral-quill-capita-trust-turns-unconditional

can anyone enlights me what does this unconditional means?

Factory shut for 2 weeks already, damn, how long still need to inspect :/

Thanks for the sharing.

Agree, this dumping for past 5 days not usual given the latest quarter result. Something is not right...downtrend will continue...the dumping volume just pick up. Luckily didnt take it although really tempted when at 2.0

Affordable houses seems still got demand, but market sentiment very bad, gst impact for coming 2-3 quarters are for sure and will recover back slowly, but for the majority people out there are very nervous...people are feeling the pinch of rising cost and lower profits even though cpi is down for the past 2 months...BNM monetary tightening is still the main reason, buyers hard to get loan. observe next 2 quarters especially august.

stock price reflects investors confident on the particular stock in coming quarters. if can hold for 1-2 years, then can keep averaging down. if don't want to be trapped for long time, come back when the price bottom for at least 1-2 weeks from steep decline....just opinion...buy/sell based our your investment strategy

Trend is still heading down. Last quarter better than expected result was from one-off gain, coming quarter result is very crucial to support the share. Fierce competition in China and gst in Malaysia plays huge uncertainties. Now whole market is very cautious on gst impact and politic condition. Come back after August.

free fall :)

when oil price is good can't make much profit, what more can we expect when oil price is low for considerable time

haha, this company is a real crap, annual revenue increase 20% on average, but net profit decrease by 4-5 times the speed of revenue growth...

Cimb already announce the DRP price, this MBSB still going slowly...come on, when is the AGM notice..

any sifu can give guidance?

buy now or after rights exercise?

cimb hit worst also slowly recover liao, mbsb like losing momentum.

Sarawak poll this year, so shares of sarawak companies not stable.

This company seems like typical china-man company in my view.

LOL, are you suggesting us to relax while anticipating for the worse?

Can they always issues ESOS without shareholders' consent?

go down again

really Zzzzzz...

very very quiet....but seems like got people accumulating slowly

I think will be trading at this price range for the next 1 month.

before contract renegotiation already rugi banyak, after new contract term sure even worse, they need to restructure business plan first, they really desperate to find new major income source since last year.

Selling still heavy, wait lower 0.60-0.70, i predict will hover around these prices.

Seems like buying volume back, queue volume high.

Could be another MAS in the making, go down all the way then privatize again :/

earlier rebound before release of quarterly report already reflected the price or market sentiment to the share.

Strong support, but also strong selling pressure :/

I think most probably will be shares swap if merger, both companies are about the same size. Too costly to consume each other.

Last minute up 40cents, crazy...Monday sure drop

Dividend announce also wont help much, the yield is too mediocre to create catalyst, unless +special dividend 20cents :)...revenue up but profit drop drastically, lost from East coast flood not yet reflected in current quarter result...next quarter likely to turn into red if world demand still low.

Yes, I do agree that Iskandar is a very promising development in SEA region, long term is good, but short term in 1-2 years, price will be very volatile, one must not forget, it's not hard to implement a development, the hardest part is pulling the crowd and population to create a sustainable and growing condition, this need time to form. Given current global market condition and Malaysia population, things will pause for a while even if no major correction in world market when fed increase rate.

The deal likely to be extended again...Splash deal still not very certain, price still the main issues...like i said,if Splash deal not clear yet,government most likely will delay Syabas deal till picture is much clearer.

Outlook still very negative for property sector given current global condition, this rebound is last opportunity to get off the ship.next 5 years will likely to see the price double again, but quite skeptical for this and next year. US interest rate increase is inevitable this year...Just personal opinion.

Trade at own risk.

Lol, i guess no long term investor here...

is the dividend share worth it?

WTF, "He said he would have a meeting with Selangor Menteri Besar Mohamed Azmin Ali if several isues that were raised, especially the issue on the acquisition of water assets could not be resolved by then.".....means possible delay again?

Quarter result out, turn into red...losing money...dividend 1.63 cent

‘Selangor-federal water deal is under threat’ http://portalkini.net/?p=18935

Will the DRP price lower than market price?

sell before too late, below RM2 is inevitable, fundamental too weak, palm oil future still very gloomy.

Everyday too many sellers queuing.

oh....nooo....it's going south....reverse pls

It mentioned there's 2 options, a) is opt for DRP, b) is opt for dividend, it that an option for individual where each shareholder can have his own choice or it is an option for all the shareholders to vote for majority?