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2019-04-17 17:00 | Report Abuse
KUALA LUMPUR (April 17): Shares in Iskandar Waterfront City Bhd (IWCity) and Ekovest Bhd continue to decline in active trade today as investors took profit after last week's surge on positive construction newsflow.
Hong Leong Investment Bank Bhd dealer representative Frank Lin said the earlier rally of these stocks, which followed other construction-related counters, had been sentiment driven based on the revival of the East Coast Rail Link (ECRL) project.
"I think the prime minister's (subsequent) announcement on the delay of the Kuala Lumpur-Singapore High Speed Rail (HSR) by one to two years poured additional cold water on the stocks," Lin told theedgemarkets.com.
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At 4.27pm, both stocks were among Bursa Malaysia's top 10 actively traded counters. IWCity was down 9.5 sen or 10.21% at 83.5 sen, while Ekovest was down 3 sen or 5.22% at 54.5 sen.
Also active was Ekovest's Warrants B, which declined 2.5 sen or 23.81% to eight sen apiece.
On April 10, shares in Ekovest climbed to a six-month peak of 64 sen, while IWCity rose to a one-year high of RM1.01.
Prime Minister Tun Dr Mahathir Mohamad had announced on April 9 that the government is exploring proposals aimed at reducing the cost of the HSR project and will be discussing this further with Singapore.
However, at a rail technology conference yesterday, he said that the HSR is not necessary at the moment.
Shares of both IWCity and Ekovest had closed lower by four sen yesterday.
(Already rallied so much and fellows here want it to go up somemore) https://www.theedgemarkets.com/article/ekovest-iwcity-plunge-sustained-profit-taking
2019-04-17 16:57 | Report Abuse
Lim n syndikets would say this : " Thank you to Khatulistiwa for twisting all stories and trying to paint a picture that IWCITY is going to reach all time high causing others to buy in while the insiders sell out"
2019-04-17 16:26 | Report Abuse
InvestorKING, "goreng group" or whatever group that u call it isn't targeting the c0unters that you mentioned.
They are instead target g for scapegoats to get trapped while they liquidate their positions like a boss.
Guys here need to learn to invest n trade properly
2019-04-17 16:22 | Report Abuse
Botak lim would be thanking all the scapegoats who bought high and who are still collecting.
Sad to see many investors here aren't able to known when is the accumulation period and when is the distribution time
2019-04-17 16:20 | Report Abuse
lol buggers only looking for special dividends
2019-04-17 11:38 | Report Abuse
Where is Jaya, his not screaming his buy calls ?
2019-04-17 11:37 | Report Abuse
in your dreams la khatulistiwa
2019-04-17 11:33 | Report Abuse
hunger, where are you bro ? you made an impression that IWCITY wouldn't go down despite me warning ?
now you went hiding ? r u the black sheep who bought at RM1.1 ? Pitty u nincompoop
Khatulistiwa, what happened to your limit up and kissing lim's ass everyday ?
All you fellows here talk nonsense like Jaya from the AA forum
2019-04-15 16:01 | Report Abuse
khatulistiwa1234, how are you bro ?
What happened to your previous predictions of Gap Up's;
Stock: [LIONIND]: LION INDUSTRIES CORP BHD
Apr 12, 2019 5:18 PM | Report Abuse
GAP UP on Monday , Monday bull declare , reduce 21.5 billion , is such GREAT NEWS , and genuine the PROCEED .
Stock: [IWCITY]: ISKANDAR WATERFRONT CITY BHD
Apr 12, 2019 4:31 PM | Report Abuse
LIMIT UP ON SPOT .
Stock: [IWCITY]: ISKANDAR WATERFRONT CITY BHD
Apr 12, 2019 4:26 PM | Report Abuse
GAP UP and only GAP UP , nothing else to talk , GAP UP also .
Stock: [LIONIND]: LION INDUSTRIES CORP BHD
Apr 12, 2019 3:51 PM | Report Abuse
Rumour say , IWCITY first LIMIT UP , short ward LIONIND follow .
Everyday, every counter also limit up ah boss ?
KNN
2019-04-15 15:55 | Report Abuse
true, the potential for an upward movement is definitely on the table but it's overbought.
However, our fellow former named "Hunger" would retaliate whenever someone has an opposite view of him, just like his fellow Jaya from the AA forum
2019-04-15 15:14 | Report Abuse
Where is hunger ? the guy who tries hard at talking that he knows everything. read all of his comments and his statements and logic is simply flawed just like Jaya
2019-04-15 11:06 | Report Abuse
yeah khpwwl, let's leave the mongrel to bark alone since he wasn't even able to comprehend the meaning of "IF"
Wouldn't be surprised if this nincompoop is actually Jaya.
Cheers Hunger
2019-04-15 11:03 | Report Abuse
Sticking around here cos it's amusing to see how a future bag holder (Hunger) is behaving before getting rekt like Jaya from the AA forum
2019-04-15 11:00 | Report Abuse
I dont need it to drop cos I'm not holding it anymore and it's way too risky to be holding IWCity.
Accumulation time was back when it was around RM0.5X+, now it'S ALL ABOUT DISTRIBUTION
2019-04-15 10:59 | Report Abuse
Apr 12, 2019 4:19 PM | Report Abuse
if Monday it opens gap down then gg to all contra holders
the above was said last week but sadly a dullard gambler on this forum couldn't understand simple English that even a 5 year old kid could have grasped it easily.
2019-04-15 10:56 | Report Abuse
go back and read my previous comments la boss, let's see who's the black sheep that is going to whole the garbage bag at the end
2019-04-15 10:52 | Report Abuse
Hunger, my bro, you clearly have a poor command of English, I didn't say it is confirmed that it's going to be a gap down, I said "IF"
Learn and improve your command of English and don't sound like a dullard like our fellow Jaya from the AirAsia forum
2019-04-12 18:57 | Report Abuse
Market environment is pretty bad atm
2019-04-12 16:46 | Report Abuse
anyway, have a great weekend my fellow gambler hunger.
2019-04-12 16:43 | Report Abuse
you were the one who kept going on, if you didn't make your retarded statement, I wouldn't be after u.
2019-04-12 16:40 | Report Abuse
where was the sifu who said today it was going to be a limit up session, all are jokers here including hunger
2019-04-12 16:35 | Report Abuse
btw, I didn't predict a gap down on Monday, I said IF NOT CONFIRMED LIMIT DOWN
Clearly you have a low command of English, go back and learn some basic English then come here and talk bro, no offence but my 5 year old nephew has a better level of English comprehension than you.
Cheers and stop arguing
2019-04-12 16:33 | Report Abuse
no worries bro, just dont jump from the 14th floor like jaya from the AA forum when you get rekt.
cheers and have a great weekend hkl.
2019-04-12 16:31 | Report Abuse
not a gambler like you hunger, people who buy numbers trying to gamble on winning looses badly in the long run, just run thru research papers, no wonder you have the traits of a gambler, just a matter of time before you get rekt
2019-04-12 16:26 | Report Abuse
lol but the market has already priced in such news as seen by the recent rally.
2019-04-12 16:19 | Report Abuse
if Monday it opens gap down then gg to all contra holders
2019-04-12 16:16 | Report Abuse
the point is at every counter there is going to be a black sheep who tries chasing prices and eventually gets burned. The question here is who is going to be that black sheep hunger ?
2019-04-12 16:14 | Report Abuse
lets see at what price it closes today
2019-04-12 16:10 | Report Abuse
my point is trade carefully with good risk management la hunger, why u so angry ?
2019-04-12 16:09 | Report Abuse
go back to my previous comments and see hunger what price I got in at, now its distribution and not accumulation.
dont be like Jaya from the AA forum
2019-04-12 15:57 | Report Abuse
enough of old news la hunger, why only twist twist stories like Jaya from the AirAsia forum ?
2019-04-12 15:32 | Report Abuse
hunger, they would chase back ? If they dont chase back and you keep holding a falling knife, we would die die laugh at u
2019-04-12 14:38 | Report Abuse
I think many here cant understand; Yes, ecrl isn't linked with IWCITY but it is all about probabilities
If the present government has continued to pursue a previous project (yes, negotiated at a cheaper cost), there is a higher probability that they may bring back bandar Malaysia too but at a re-negotiated term.
It is all about probabilities but no point in running the numbers here as most won't understand. Cheers
2019-04-12 14:30 | Report Abuse
https://twitter.com/sumishanaidu?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
earl is back at a cheaper cost
2019-04-12 14:13 | Report Abuse
i3 forum is where people can spin stories like Jaya from the AA forum and then go missing when their statements were wrong
2019-04-12 11:27 | Report Abuse
lol origamiandair, where is Jaya Betkaukau ?
2019-04-12 11:25 | Report Abuse
LESLIE GOH, enough la brother, you are very good at twisting stories just like Jaya from the AirAsia forum.
Later IF BA corrects lower, you would say you have sold all already.
Btw, what happened to the SIFU from this forum who said that every week also BA going to announce a right issue announcement ?
2019-04-12 10:25 | Report Abuse
You have a lot to learn Undi_PKR, no wonder you're so gullible. Anyway, can't be spoon feeding people like you n Betkaukau and Jaya
Cheers and have a great weekend
2019-04-12 10:10 | Report Abuse
Doubt Daim travels in economy, cos if you know his lifestyle (which you clearly don't), you wouldn't have even commented that.
2019-04-12 09:53 | Report Abuse
IWCity was a stock that you should have bought when it was at RM0.5X, now isn't the time to buy, I have taken profit fully in that counter and closed my positions. Certain counters are only trading counters.
2019-04-12 09:41 | Report Abuse
origamiandair, TF had to talk that slow because most of his investors have a poor command of English. Imagine people like Betkauaku, couldn't even understand CITI's 2nd report and kept asking what they meant. Hence, TF was talking in the simplest form to please his investors such as Betkaukau.
Undi_PKR, why would banks want to push AA when they could push other better stocks ?
2019-04-11 16:59 | Report Abuse
everyday got show la, only thing is that the show would get more interesting when our Betkaukau n Jaya comes out and starts twisting stories so that everyone buys AA
2019-04-11 16:55 | Report Abuse
and pang72 is another fellow, which ever counter he says to buy sure lousai one
2019-04-11 16:54 | Report Abuse
kyykyy, enough la with your stories.
On Monday someone said it would limit up by evening, didnt happen.
Then came Monday evening, some sifu said it would limit up on Tuesday, it didnt happen also
...........
Then came Wednesday morning, today sure limit up, once again it didnt happen and some sifu here said confirm it would limit up on Thursday and once again it didnt happen.
You guys here behave just like Jaya and Betkaukau from the Air Asia forum who always make Fake Analysis and Fake News just with a hope to boost prices so that you'll can offload to the next scape goat.
common la, learn to behave like proper investors
2019-04-11 16:50 | Report Abuse
My funds would never buy any Airline stocks now.
You must instead ask Jaya and Betkaukau because for them every time is a good time to buy.
2019-04-11 15:10 | Report Abuse
Fuh, nice performance from AA, waiting for Betkaukau and Jaya to say no worries, they just used their dividend money and bought in more
2019-04-11 13:57 | Report Abuse
the time to sailing all in was when it was around RM0.5X+. Sadly most people in this forum are like Jaya from the AirAsia forum who doesn't know when is the accumulation and distribution period.
2019-04-11 13:54 | Report Abuse
Bursalord, enough of posting 1 or 2 year old articles la, share prices have already taken into account whatever happened back then
Stock: [IWCITY]: ISKANDAR WATERFRONT CITY BERHAD
2019-04-17 17:01 | Report Abuse
already rallied so much and people here still want it to go up more