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2017-06-26 09:38 | Report Abuse
It's still trading below its SMA 200 ......
2017-06-26 09:34 | Report Abuse
http://www.malaysiastock.biz/Company-Announcement.aspx?id=982770
Land cost = RM 39 psf.
It's a good deal for GOB. It may add another RM500mil GDV to the company without upfront land cost payment.
This co is trading way below its NTA of RM1.03. Just wonder when it will get a slice of Bandar Malaysia's job......
..
2017-06-25 12:18 | Report Abuse
http://klse.i3investor.com/servlets/stk/annchsh/5226.jsp
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=195770&name=EA_FR_ATTACHMENTS
B4 buying this counter, please check if this company is still able to collect its receivables which has ballooned to RM664 mil ???
2017-06-18 21:53 | Report Abuse
Current Year Prospects (extract from its quarterly result announcement)
The property market is expected to experience slower growth amidst global, regional and
national economic uncertainties and cautious market sentiments. In spite of this, properties
in good locations are expected to continue to draw property buyers. The hotel business is
expected to remain challenging as well.
In view of the above, the Board of Directors expects a challenging performance for the
financial year ending 30 June 2017
So sad....
2017-05-30 22:00 | Report Abuse
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=196361&name=EA_FR_ATTACHMENTS
Higher quarterly net profit and it has RM230 mil cash in hand.
2017-05-13 16:01 | Report Abuse
It's going to be very interesting to see if both sides will try to grab more shares to seize control of the company and chase up the shares or its ICULs.....
http://www.theedgemarkets.com/article/iretexs-boardroom-tussle-gets-messier-directors-lodge-police-reports
2017-05-11 22:14 | Report Abuse
Its rights issue had been well subscribed by 93% shareholders. Coupled with 27% of excess applications received, the rights issue had indeed been over-subscribed by 20%. What a surprise to many people. Hence, 93% of existing shareholders have shown support for the company.
The company will remain cash rich with more land bank ready for immediate development to generate more profits for the next 5 years!
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5424125
2017-05-07 13:45 | Report Abuse
The hiccup and delay in Bandar Malaysia is a blessing in disguise for the local developers as there shall be less supply of new properties in KL and effectively less competition for the property industry.
2017-05-05 21:32 | Report Abuse
The issue price of the ICUL was 13 sen. Previously one needs to surrender one ICUL plus 13 sen cash to exchange for one ordinary share when the conversion price was 26 sen.
Now the conversion price has been reduced to 20 sen arising from the recent rights issue of the mother share but the issued price of ICUL remains at 13 sen. Hence, going forward, one will only have to surrender 1 ICUL (issued price @ 13 sen) plus 7 sen only to exchange for one ordinary share. The ICUL is hence undervalued now @ 18.5 sen when the mother share is 27.5 sen. One can buy and convert immediately and sell quickly.
The upside for the ICUL will be good when the mother share starts to rally in the second half of 2017.
2017-05-04 06:28 | Report Abuse
Buy the ICUL and convert it into ordinary share and sell for a 10% profit as it is undervalued nowi
2017-05-03 22:07 | Report Abuse
Extract from its annual report:
Moving forward, the Group will continue to do what we always do to build affordable houses because we see the potential of this market sector, in our fl agship projects, including the Taman Nusa Bestari, Taman Bestari Indah, Taman Kempas Indah, KSL Residences @ Daya, Canary Garden @ Klang and Commercial City @ Bandar Bestari which have successfully recorded encouraging sales albeit a cautious property market backdrop.
With efficient planning and tight cost control, assuming property market is improving and bank financing for the purchase of properties continued to be abundant and easily available for the properties purchasers with lower rejection rate, we are confident of another year of good performance and hence, looks forward to a profitable year ahead.
https://cdn1.i3investor.com/my/files/dfgs88n/2017/04/27/1505952929--52846736.pdf
2017-05-01 21:55 | Report Abuse
Kimlun has quietly started its engine to move up slowly or more jobs being secured..???
2017-05-01 21:53 | Report Abuse
http://klse.i3investor.com/servlets/stk/chart/9679.jsp
Even WCT has started to move up....when can GOB follow Malton & WCT?
2017-04-30 16:58 | Report Abuse
26 sen now. Its share price won't double but can go up by 20 sen easily when the property sector is seen as undervalued and set to recover.
2017-04-28 22:09 | Report Abuse
Kimlun has been consolidating at circa 2.20 for too looong. It's time to catch up with broader market....
2017-04-27 21:42 | Report Abuse
http://klse.i3investor.com/meeting/7183/11-Apr-2017/5694_1762093922.jsp
The corporate tussle has just begun. Will they try to grab more shares in the open market to seize control of the company to kick the opponents out?
2017-04-26 21:43 | Report Abuse
Its ICUL is undervalued now @ 18 sen.
The conversion price is one ICUL plus 7 sen => 1 ordinary share which closed at 26.5 sen today. One can consider buying the ICULs now and convert into ordinary share immediately
2017-04-24 21:24 | Report Abuse
Upon completion of the current rights issue, this counter is set to fly when it expedites the launches of its Ampang Astoria, 90-acres Shah Alam landed development, Sena Parc landed property project in Seremban and Damansara Foresta Phase 2 as well as the redevelopment of Sri Damansara Club into a commercial mixed development project.
2017-04-23 18:14 | Report Abuse
On 15 April 2013, Sapphire Index Sdn. Bhd. (“SISB”), a wholly-owned subsidiary of Tropicana,
entered into a sale and purchase cum development agreement with Menteri Besar Selangor
(Pemerbadanan) (”MBI”) and Permodalan Negeri Selangor Berhad (“PNSB”) for the proposed
acquisition cum development of 11 parcels of leasehold land, all in Mukim Tanjong Duabelas, District of Kuala Langat, State of Selangor measuring approximately 4,743,986.21 square metres (51,063,794 square feet) for a total cash consideration of RM1,297,259,264-00. The purchase price is analyzed at merely RM 25.40 psf.
Theoretically, Tropicana stands to realize substantial profits & cash flow from the above land should it choose to dispose of the entire piece of land now.
2017-04-23 17:13 | Report Abuse
New shareholder is still buying...
http://klse.i3investor.com/servlets/stk/annchsh/7183.jsp
2017-04-23 17:01 | Report Abuse
The Tan family has been cashing out over the last 6 months. Hopefully a new shareholder is on the way coming in.......to transform this company.....
https://klse.i3investor.com/blogs/smallcap/121142.jsp
2017-04-23 16:45 | Report Abuse
DIRECTOR KEEPS BUYING.....
http://klse.i3investor.com/servlets/stk/annchdr/8761.jsp
2017-04-23 16:41 | Report Abuse
BCB connects with its investors/fans vide facebook :-
https://www.facebook.com/tansridatotansengleong/photos/pcb.739288206231513/739288196231514/?type=3&theater
https://www.facebook.com/BCBBerhad/
2017-04-20 22:22 | Report Abuse
ICUL conversion price = 20 sen
Effectively it means = 1 ICUL worth 13 sen nominal value + 7 sen cash => 1 ordinary share
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=179662&name=EA_DS_ATTACHMENTS
So, it's cheaper to invest in ICULs if one believes the counter will go up in the next few months.
2017-04-17 21:06 | Report Abuse
The Tan family has been cashing out over the last 6 months. A new shareholder is on the way coming in.......
2017-04-17 21:05 | Report Abuse
The Tan family is cashing out over the last 6 months. A new shareholder is on the way coming in.......
2017-04-11 22:08 | Report Abuse
White knight coming in transform the company?? New hope to steer to greater heights??
http://www.thestar.com.my/business/business-news/2017/04/11/ire-tex-to-propose-board-revamp-at-upcoming-egm/
2017-04-10 22:17 | Report Abuse
http://www.thestar.com.my/business/business-news/2017/04/10/strong-takeup-for-matrix-concepts-landed-property-in-negri/
Hopefully L&G's proposed landed property project Sena Parc could garner the similar level of response and market acceptance
http://www.land-general.com/property-development/sena-parc
http://www.land-general.com/property-development#all
2017-04-09 16:11 | Report Abuse
When Sentiment Trumps Fundamentals
http://cdn1.i3investor.com/my/files/dfgs88n/2017/03/21/1485850852--559830659.pdf
2017-04-08 19:24 | Report Abuse
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5385697
It is cheaper to hold its ICULs than the mother shares.
2017-04-02 15:37 | Report Abuse
On 1 July 2016, TDMSB entered into a sales and purchase agreement(“SPA”) with Tiarn Oversea Group Sdn.Bhd. for the disposal of the Land in the Mukim of Pulai, District of Johor Bahru with developable area measuring in aggregate of approximately 251.5855 acres in area for a cash consideration of RM569,871,328 (“Proposed Disposal”).
As at to-date, the Proposed Disposal is still pending fulfillment of the conditions precedent in accordance with the terms of the SPA.
(i) The expected gain from the Disposal is approximately RM55.5 million (net of tax
payable); and
(ii) The net proceeds of approximately RM218.4 million after repayment of bank
borrowings, taxes and any related expenses arising from the Disposal are expected to
be utilised for the working capital and/or repayment of bank borrowings of Tropicana
and its group of companies.
2017-04-02 13:48 | Report Abuse
The issued price (also known as Norminal or Par Value) of the ICUL was 13 sen. Previously one needs to surrender one ICUL plus 13 sen cash to exchange for one ordinary share when the conversion price was 26 sen.
Now the conversion price will be reduced to 20 sen but the issued price (also known as Norminal or Par Value) of ICUL remains the same at 13 sen. Hence, going forward, one will have to surrender 1 ICUL (issued price @ 13 sen) plus 7 sen only to exchange for one ordinary share after the ex-date for the impending rights issue for the mother share.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/3635957
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5383217
2017-04-02 13:43 | Report Abuse
The issue price of the ICUL was 13 sen. Previously one needs to surrender one ICUL plus 13 sen cash to exchange for one ordinary share when the conversion price was 26 sen.
Now the conversion price will be reduced to 20 sen but the issued price of ICUL remains at 13 sen due to the impending rights issue of the mother share. Hence, going forward, one will have to surrender 1 ICUL (issued price @ 13 sen) plus 7 sen only to exchange for one ordinary share after the ex-date for the impending rights issue for the mother share.
Therefore, the upside will be good when the mother share starts to rally in the second half of 2017.
2017-04-02 09:58 | Report Abuse
It's worthwhile to look at the existing loan stock ICUL as its conversion price will be reduced to 20 sen arising from the impending rights issue. In other words, one has to pay 7 sen only plus one ICUL to exchange for one ordinary mother share after the ex-date for the rights issue. This may be a good opportunity to ride on the next rally of this counter.
Moreover, there is growing optimism that the property sector index is likely to outperform the KLSE Composite Index in the next 12 months among the analysts as per the latest The Edge Magazine.
Stock: [VINVEST]: VINVEST CAPITAL HOLDINGS BERHAD
2017-06-26 18:08 | Report Abuse
http://klse.i3investor.com/m/priceTarget/40747.jsp