Good to have positive rumour. Price can go up. Come on spread more positive rumours, then, don't say RM1.50, RM15.00 also boleh. KAkakaka

No need see QR also know next QR going to be loss. Buy if believe IWH listed above RM1.75, if don't believe then don't buy. Simple

IF US rate hike, then USD goes up. Therefore cheaper to for China co to buy land in Msia. Good for IWC/IWH. Kakakaka

IMHO it is a good deal. IWH will end up with land with OMV of RM30B of which RM6.5B worth would only be injected through the proposed restructuring. That RM6.5B payable via issuance of 647M ord shares and 3666M perpetual RCPS. RCPS conversion is 2 RCPS : 1 Ord share and convertible only after PAT > RM1B. RM1B PAT easily achievable once CP for land sale to Greenland becomes unconditional. Of course for the RCPS holders to convert, share price must exceed RM3.00!!!!

sorry new act effective 31.01.17

chankp7010..under the old Co Act, ALL companies(few exceptions)cannot issue shares below par. However under the new Act(effective 31.03.17), no more par value. So can issue shares at whatever price

shan75, hope you are right. I stopped buying. Bought mother and son many moons ago when it was dirt cheap. Son was cheaper then, 9 to 10sen, but nobody want?????

Goldenshares ...you must be one very happy man given that Malton had moved from 0.67 to 1.00 since 30.12.16

WTF, Malton sudah terbang, ini counter masih in coma belum bangun. Come on someone shout a bit maybe it will wake up

Sweetheart why so upset? OK loh, I say nice thing about Ho Hup. Market cap only RM290M. Potentially should double share price as Ho Hup worth more than RM500M. Ho Hup share of revenue (of which 85% is profit) from BJC should easily surpass RM500M of which RM92.7M recognised to 31.12.2016. Still have another >RM400M to recognise. Own development of BJC profit another, say RM50M. BJC alone worth RM450 to RM480M. Lain lain say worth RM100M. In total Ho Hup worth > RM550M i.e., RM1.88 per share discount 30% for project execution risk, cincincaicai also worth RM1.30 per share.

inlandmarks, that is because these companies have land in vicinity of JB and/or waterfront. Ho Hup's land is somewhere in Kulai (tortoise come) to build home to sell to students. Just like the name of the place, share price also like tortoise lor!!!!!

Whilst everything can happen in a biz deal, I doubt the revocation will be terminated because (1) ECW had already pen deal to JV this land with EPF (2) very unlike TanSRi Liew to terminate a deal!!!My 2 sen worth.

Paperplane why so pessimistic....short term also got profit depending on definition of short term. One can only assume that land sale is ON as Greenland HAD started development certain parts already. Once CP completed, my hunch, is sometime in the short term, then quarterly report would show RM1.2B[It's a "B" not "M"] profit after tax. My 2 sen worth...

If proposed revocation gets terminated also no problem. Malton ends up with prime land in Seb. Prai. I don't think it will be terminated. So far all conditions precedent fulfilled except EPU approval and of course all the $$$ payments. Payments should be no problem since Ecoworld HAD roped in EPF to co-develop that piece of land

Ghost town now become gold town...even Bursa now wants to know..IWC kena UMA

What is so fishy? If land sale to Greenland becomes unconditional, it is worth RM1.60 to RM1.80 per share after tax.

Grand..biohldg 12sen? Bio set up co. in Indonesia to cut down on the product approval duration period. Sells halal product there. Indonesia has 200M+ muslim. If make profit RM1 from each Indonesian per year also make RM200M. Therefore share price should be RM12. kakakakaka

MAKLUMAT PERMOHONAN PROJEK
Agensi
:
Majlis Bandaraya Johor Bahru, Johor
No. Rujukan Projek
:
MBJB/U/2015/63/KBM/PS/37-[37/2015] (102896-1)
Nama Projek
:
PERMOHONAN KEBENARAN MERANCANG MENGIKUT SEKSYEN 21, AKTA PERANCANGAN BANDAR & DESA, 1976 (AKTA 172) BAGI PEMAJUAN PERDAGANGAN YANG MENGANDUNGI: FASA 1 BLOK PERNIAGAAN 4 DAN 5 TINGKAT YANG TERDIRI DARIPADA: i. 8 BLOK PERNIAGAAN DAN “SALES GALLERY” 4 DAN 5 TINGKAT FASA 2 PANGSAPURI PERKHIDMATAN 59 TINGKAT DI ATAS PODIUM TEMPAT LETAK KENDERAAN YANG TERDIRI DARIPADA: i. 3 MENARA PANGSAPURI PERKHIDMATAN 38, 44 DAN 47 TINGKAT (941 UNIT) ii. 1 TINGKAT RUANG KEMUDAHAN DI ATAS PODIUM TEMPAT LETAK KENDERAAN iii. 9 TINGKAT PODIUM TEMPAT LETAK KENDERAAN iv. 3 TINGKAT TEMPAT LETAK KENDERAAN ARAS BAWAH FASA 3 HOTEL 28 TINGKAT DAN PANGSAPURI PERKHIDMATAN 47 TINGKAT YANG TERDIRI DARIPADA: i. 1 MENARA HOTEL 28 TINGKAT (351 BILIK) ii. 1 MENARA PANGSAPURI PERKHIDMATAN 47 TINGKAT (516 UNIT) FASA 4 1 MENARA PEJABAT 37 TINGKAT DAN 1 BLOK PERNIAGAAN 3 TINGKAT DI ATAS SEBAHAGIAN LOT PTD 194794 (PLOT 1-A), PERSIARAN SENIBONG, MUKIM PLENTONG, DAERAH JOHOR BAHRU, JOHOR DARUL TA’ZIM UNTUK TETUAN GREENLAND TEBRAU SDN. BHD.
Untuk Tetuan
:
Bayou Bay Development Sdn. Bhd
Kategori Projek
:
A - Projek Biasa
Jenis Pemajuan
:
C - Komersial
Rancangan Tempatan (RT)
:
Tiada RT (Rancangan Tempatan)
No. Lot
:
PTD 194794 (PLOT 1-A)
Mukim
:
PLENTONG

The Edge Dec 14,2016...Chinese developers have continued to expand their presence in Johor. In the third quarter of this year (3Q2016), Shanghai government-linked Greenland Group launched the Iskandar Malaysia Greenland Smart City Experiential Centre (SMARTXP) in Helios Cove, Permas Jaya.

KGV International Property Consultants (Johor) Sdn Bhd executive director Samuel Tan, in presenting The Edge-KGV International Property Consultants Johor Bahru Housing Property Monitor 3Q2016, says the focus was on Helios Cove during the quarter. The market was watching if the development will get a good response like Country Garden Pacificview Sdn Bhd’s Forest City, he adds.

When completed, Helios Cove will be a fully integrated township with waterfront residences as well as commercial and retail outlets across five main zones. The 128-acre township will offer panoramic views of the Straits of Johor, and is set to become a new international landmark in the southern region of Malaysia.

“Helios Cove was opened for public viewing in 3Q2016,” says Tan. “The mammoth and innovative concept caught many by surprise. It is indeed a courageous move by the developer… against all the odds, it managed to attract key tenants to its commercial zone. The serviced apartments are expected to be launched soon. The developer has no qualms about the marketability of its products.”

The 4th quarter result should be announced around end Sep 2017. The 2nd quarter somewhere end Mar 2017.

QR result delayed bcos Chinese New Year holidays!!!!!

Why risky? Qtr result is expected to be red anyway. Had been red all this while and is expected to be red until land sale becomes unconditional.

nekosan, until [1] sale of land to Greenland becomes unconditional, should be soon, [2] development of Danga Sutera is reflected in accounts, yes, results should be bad. BTW anyone knows why development of Botanika not reflected in the financial results? Actual construction work is like 40 to 50% complete. Initial launch of 1st block almost 100% sold!!

Malton awarded RM570M piling and substructure contact to Econpile. Is this part of the original main contract of RM703M awarded by Impian Ekspresi to Malton or is this part of a new contract not announced yet???? ANyone any idea?

sasword, are you being sarcastic. If every quarter also new low, why collect since next quarter also new low????

Sorry dearest sweetheart, I oredi sold when Ho Hup requested extension for the rights issue sometime mid Sept last year. kakakaka, Now Ho Hup cheap cheap you can buy from market mah.

hewiester..management painted a glorified 2017 year for HoHup.

TENDERED (Not awarded) projects RM3.3B (Even if awarded in 2017 can complete project in 2017? Even if completed in 2017 there is no guarantee all projects make profit).
Proposed (Means still talking and drawing and planning) BJ apartment GDV RM500M..this one should be profitable since land cost very low..but can sell or not??? The Park 2 is not 100% sold yet.

All these PROPOSED means belum buat lagi maybe 2020 lah. Moreover that Kulai one is in the middle of some oil palm estate. I don't think they can start development there until they build and deliver certain buildings to the land YPJ.

duitduit..RM1.66 is only the net assets. What about value of land in TTDI and Pengerang. Don't see them in the accounts. The TTDI one apparently has estimated GDV of >RM7B

Sigh...down say ghost town....up say trap...why so pessimistic

Ethan, historically, Mulpha only call for rights after making a few quarters of profits. After the last rights, it has been making quarterly losses. So, no, I don't think any rights issue in the cards.

Properties in Leisure Farm looks kinda posh. I somehow doubt those that wish to buy properties there is interested in taking train to Singapore or KL. Cannot imagine Leisure Farm trying to sell properties with this..."Come buy a RM6,000,000 bungalow situated near HSR station..can take train to work in S'pore or KL ..no need drive your Merc/BMW"

gold town

Botanika and Danga Sutera being developed by IWCity

lwh..that report seems strange. It states YKGI and FACB as big players when these 2 looks pretty small player with market cap < RM100M. Maybe he is talking about production capacity?? Also, the data shown is not correct..none has EPS > 1 sen?? Meaning the PE ratios will be in their thousands!!!!

insas = Berkshire Malaysia?? Insas share price =86.5sen..Bershire Hathaway = 1,082,400,000sen per share. Insas market cap = RM600,000,000..Berkshire = RM1,773,000,000,0000....kakakkaka

gold town

Bonus issue does not increase the value of a company. It's done to reduce the share price to make it more tradeable. Incidentally, if there's a lawyer here somewhere, he/she, should be able to confirm this : With the Companies Act 2016 coming into force, share premium no longer exist and as such cannot be used to issue bonus shares. So to do a bonus issue would be through the capitalisation of retained profits.

In fact, Bowman, if you believe OngLai, you should join in the frying session and help price go past RM1.05, then only cabut. Kakakakka

Let's assume OngLai88 is correct..someone is frying up for Directors to exercise ESOS at RM1.00. Now for those that exercise, they would want to make profit, let's say 5%. That means for them to make profit the frying has to exceed RM1.05 or more. So, bowman, if you believe OngLai, why move out when he means another >20 sen more increase???

gold town

gold town

Heaven town

anyone attended the general meeting? Can share info?

Dari Bangla kot???

smartly very clever. Warrant...bolehkah 10c??? But if AAX WA can be 18.5c why not BioAlpha punya warrant...KAKAKAKA

I suppose Singh is correct. REITs would be able to monetise TAGB's assets to clear of those loans with some left for small shareholders like us. Hopefully, TT listen to him.

Let's say for Damansara Avenue project, TAGB makes RM100M profit. Let's say project takes 3 years. Therefore average 1 year profit from DA = RM33.33M. Last qtr alone TAGB easily lost RM30M in investment dealings. So make profit in property also not enough to cover loss in securities gambling!!!!kakakaka..Incidentally, those that says that forex translation of TAGB's assets not taken into account, I somehow doubt this is correct. I think forex gain was reflected in the accounts as disclosed in the notes on fixed assets and inv properties with the corresponding gain probably reflected in the statement of comprehensive income.

Agree with sctan...

Whilst raw material can be sourced locally, most are either imported or made from imported material eg, flour is made from imported wheat, whereas potato is imported. There is no details in the cost of sales, but what is definite is gross profit as a % has went down. QR 30.09.16 Qtr/Qtr : Sales up RM3,950K (7.04%), Cost of sales up RM5922K(14.01%) and YTD sales up RM10,633K (8.62%) but COS up RM14,848K (17.77%). Presumably with minimum wages law also affected their factory wages.

Although approx 65% of revenue is from exports, almost 100% of raw material does not originate from Malaysia, which may explain why although total sales went up, cost of sales went up even higher, resulting in lower gross margin.