They have to compensate the fair value for the tolls. Especially for a govt than wants to uphold the judiciary. They need to present a deal that is agreeable to both sides.

They don't depend on govt project. Maybe some of their ICT project from government. Which is negligible. KUB got value. Very undervalued counter. Not sure how much more can drop.

PH committed to media freedom. Media got chance to reinvent itself.

True. Most probably they'll keep the tolls for now. I feel LDP and NSE will be the main target.

Can buy at 1 cent. Still got asset if liquidate.

Monday will limit up! Media now can become fair and balanced. Its not tied to any political party.

Short-term loss. If got holding power then ok. Can hold until they smooth things over with new govt.

I think they buying because of this. MNI fully written off in FY2017. Can recognize as an income gained in Q2.

https://www.nst.com.my/business/2018/05/365729/nstp-sells-entire-stake-mni-rm1415m

@Pavilion I think I still prefer BN to PAS. Lol.

@boonwei98 I don't think we'll end up like Greece unless someone wants to introduce more socialist policies. Maybe I'll just go vote for an independent candidate in my area.

I agree with KLCI King. Seems like PH's solution is to replace one corrupted leader with the grandfather of corruption. They're desperate to win at any cost, even with going into a partnership with the devil himself. I'll just skip GE14 and hope for better choices in GE15.

Dear Sslee,
I agree with you but I don't agree with Mahathir. I think we should put up these young leaders instead of the old fossil who screwed up our country in the past and left us behind S.Korea and others when he left office. Then left us with the mediocrity of leaders like Badawi. I don't believe he is here to fix his mistakes but to pave the way for his son and family to regain their political power from the Najib faction in UMNO.

How to save Malaysia?
PH solution: Choose a leader much more corrupt and autocratic than Najib ever was and will be. Especially one that jailed its leaders and members under ISA.

How to vote for side without principles? Better stay with the devil I know than the devil I don't know.

If still not go up by the time of the next agm, then can propose to the board to provide free hair transplant for each shareholder.

@newbie8080 Maybe in the future KYY need to apologize to Najib like Stanley Thai for share price to up?

However, quite unhappy this stock hasn't recovered after TS proposal which caused a big drop in share price. Instead it went even lower. I'm hoping to see higher profits with more income from toll and property development.

If they abolish toll also won't affect Ekovest, they need to pay compensation. EKOVEST can take them to court or deal with WTO on expropriation. Malaysians have more to lose if PH turns into some wannabe communist shite. So not really worried if PH wins, it will be business as usual. PH=BN

Interested to see what BOD respond. Anyone going to AGM later? Please update us.

You mean apologize to Mahathir if he win?

I can imagine a lot of angry shareholders gonna screw up the BOD.

Wait it to fly after 9th!

@niet most probably yes since they declared this dividend as interim. I think another will be due after release annual report.

Ekovest minority very sadding. Waiting for Tan Sri to push high high.

Expect more inflow leading up to GE with a post-GE rally.

Trump factor very dangerous.

@SJSOON so true. It really affects his networth which will affect his ability of financing if he intends to take IWC private and then list IWC-IWH at a later date.

It shows that the share is severely undervalued that the company is buying back the shares. Good move.

Lol @ all the comments. I don't think Tan Sri so petty. It will be back to normal tomorrow.

@bursa36 then govt bankrupt liao

No doubt it's very cheap now and got chance to rebound. However, need to raise the issue of using company funds to buy properties which have no value added to bottom line. They should start to monetize some of the properties and consolidate their office spaces.

Moving beyond RM 1

I think some of these properties can be mortised.

Why Media Prima own property in London?

10 Flat 108, 4 Whitehall Court, London
SW1A 2EP Leasehold 99 years
Expiry: 2086
2017
(Revaluation) 865 N/A Residential
Apartment 40 3,044

Announced AGM. So can go screw up BOD for buying overpriced REV.

Limit up 30 cents also I happy already.

I guess share swap fair for EKOVEST and cash option is fair for IWCITY. Better just call off this weird deal. More pening for everyone.

Let's shoot down the deal!

So many positive sentiment. Big push coming soon?

Lol. Keep seeing that Fahmi only post one word everywhere. Always "run", "sell" and now "rip".

Kesian ikan bilis paying future price for future earnings at current market price. Whereas got so many other undervalued counters with low P/E which isn't the result of one-off sale of land.

EPF historically buy high and sell low. Lol.

EPF buy high, sell low. Lol

http://www.theedgemarkets.com/article/ekovests-river-life-package-win-help-it-take-similar-projects-future

RM 1.35 TP given by AmInvestment. RM 1.80 TP if not for negative sentiment from IWCITY takeover.

Better shoot down this proposal! Then we minority can sleep easy. We don't need BM. Already happy with Duke Highway and some of the property development in KL.

Not surprising given that KYY stated his intention clearly to "remove a few useless director". Better stay on the sidelines until this is over.

Very possible RM1.00 if can attract IB. Right now severely undervalued.

I think KYY looking at exit strategy now

Won't go back to 42. Short term people throw for dividend. If go down I happy to buy more.

I think if ekovest get BM, then still gonna drop. Lol.

Throw after dividend ex date.

Maybe he wants to return to his old glory like Dr.M? Sometimes old people get bored sitting at home. Itchy wanna relive past nostalgia.