ISKANDAR WATERFRONT CITY BERHAD

KLSE (MYR): IWCITY (1589)

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Last Price

0.535

Today's Change

-0.01 (1.83%)

Day's Change

0.535 - 0.545

Trading Volume

1,024,200


31 people like this.

34,712 comment(s). Last comment by turbochart 7 hours ago

Posted by Viable4Everything > 1 month ago | Report Abuse

Good good. Johor theme is back

newbie9893

2,366 posts

Posted by newbie9893 > 1 month ago | Report Abuse

Construction & property sector will be the next theme to play...buy now to be rewarded next week

Shines

2,824 posts

Posted by Shines > 1 month ago | Report Abuse

8.03A uplifted?

nelsonlim

730 posts

Posted by nelsonlim > 1 month ago | Report Abuse

can see iwcity mau mau le

theyoungman

1,989 posts

Posted by theyoungman > 1 month ago | Report Abuse

Shines kor, impossible so far. Wait till Mar2025 then apply extend again, endless extension? Watch out. I have not been interested in her anymore since it had extended its 8.03A for several time and the last missed big was it went up from 0.3x to break 0.5 then fly to 0.8, I had sold all before 0.5 till now. Let it goes ba. Never risk it if it is still unclear with it. Unless fighters, yes, may gain big if Botak and KPRJ (this co is political-linked) have successfully applied and approved for uplift its 8.03A (or the new merger proposal has gotten great supports and approved and ON, then, 1589 maybe safe from 8.03A, if that happen, 1589 mkt float will be less than 85%, still have to fulfil this condition if wanna to continue its listing status... KPRJ has been selling recently (mths ago, why?).... Better be safe than sorry.

I agree with turbochart. Only fighters or insiders can hoot with Botak for 1589 nia.

newbie9893

2,366 posts

Posted by newbie9893 > 1 month ago | Report Abuse

trigger PN17, better SELL now ......might LD

theyoungman

1,989 posts

Posted by theyoungman > 1 month ago | Report Abuse

Well. If 8.03A continue to be a bad factor in this bb, give it a pass ba. Go for other good assets companies and invest, no hassle, worry free. Once if you invest in any worry-free companies, can sleep & rest well, regardless share price stagnant, up, down, not much worries over long term.

Hihihi. My2c.

Posted by NatsukoMishima > 1 month ago | Report Abuse

Be patience will be paid later !

mf

29,189 posts

Posted by mf > 1 month ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

42,740.42

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NASDAQ Composite

18,315.58

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1.01%

Shines

2,824 posts

Posted by Shines > 1 month ago | Report Abuse

Bro tym, thanks, yes cleared my holdings already, if drop more then only consider again

theyoungman

1,989 posts

Posted by theyoungman > 1 month ago | Report Abuse

Shines kor, so daring? It is uncertain. Let it a missed ba. Relax and rest well. Go for worry-free one such as our Rabbit kor's BB ya, it will go well.

Posted by NatsukoMishima > 1 month ago | Report Abuse

Be patience will be paid later !

laulau

421 posts

Posted by laulau > 1 month ago | Report Abuse

Morning Friends & Gentlemen!
What we know so far on IWCity & Ekovest In Summary:

IWCity is only a Paragraph 8.03A affected listed issuer. The property developer stressed that it is not a Practice Note 17 (PN17) company.

Paragraph 8.03A refers to a listed corporation whose assets on a consolidated basis consist of 70% or more of cash or short-term investments, or a combination of both.

Ekovest as a White Knight for IWCity, will benefit from the proposed merger, to access to IWCity's 70% or more cash or short-term investments & 1000 acres landbank in Johor to benefit from JSEZ Theme Play coming soon?

stncws

10,711 posts

Posted by stncws > 1 month ago | Report Abuse

next year only got action

stncws

10,711 posts

Posted by stncws > 1 month ago | Report Abuse

next year only got action

hng33

20,502 posts

Posted by hng33 > 1 month ago | Report Abuse

bought at 61-61.5sen

theyoungman

1,989 posts

Posted by theyoungman > 1 month ago | Report Abuse

Well. This bb still have time until March2025. From now till the next extended due date for submitting regularization plan. Botak and our KPRJ and gangs may not be calm, so anytime, there r chances for big guys to lure and eat telan the weak holders and contra players. This bb is not worry-free but it contains goreng mode bcos of the big guys. Even if delisted, the assets r still w the company, but it only benefits the big holders only

theyoungman

1,989 posts

Posted by theyoungman > 1 month ago | Report Abuse

No preBudget rally. So nothing to buy on rumours and sell on news.

Budget 2025 is in the Parliament now. Nothing exciting on budget day and prebudget days (stable despite Dow break new record high for a few days in a row). Let's wait for coming weeks until windows dressing month. ❤️❤️💪💪👍👍

hng33

20,502 posts

Posted by hng33 > 1 month ago | Report Abuse

cut at 59sen, iwcity unable to lift up requirement to submit regularize plan

theyoungman

1,989 posts

Posted by theyoungman > 1 month ago | Report Abuse

@hng33, wise decision, its uncertainties r still bad. Go for other better one first. Not too late to come back if her regularization plan is approved or issue has been settled via merger plans.
Budget2025, mkt digesting first before next move.

wow, failed to extend till Mar2025. gone case?

Posted by sailang_now > 1 month ago | Report Abuse

Morning guys! Why still hang around here like vultures?...tut tut

theyoungman

1,989 posts

Posted by theyoungman > 4 weeks ago | Report Abuse

Don't touch this bb until its regularization plan settled ba.

theyoungman

1,989 posts

Posted by theyoungman > 3 weeks ago | Report Abuse

Turbo chart is right.
Do not touch until regularization plan is settled and resolved. Para8.03A is dangerous although big guys may know whether this issue will become bad or not, they know only, retail investors are having risks if being lure their pushUp price activities. Well, if there is any up trend, hit and run may be good if can make $ out of it. But, there r many other good stocks out there having good assets, and or good potential business profits. Be careful guys.

theyoungman

1,989 posts

Posted by theyoungman > 3 weeks ago | Report Abuse

Merger proposal announcement by Botak today?

Reference is made to the Company’s announcements dated 27 September 2023, 27 October 2023 and 26 April 2024 in relation to the Proposal Letter (“Announcements”). Unless otherwise stated, the abbreviations and definitions used throughout this announcement shall be the same as those previously defined in the Announcements.


The Company wishes to announce that the Company has sought the mutual agreement of TSDLKH for a further extension of 6 months commencing from 28 October 2024 to 27 April 2025 to grant more time to the Company to assess, evaluate and deliberate the Proposal in detail and to commence discussions and negotiations on the terms of the binding heads of agreement or its equivalent between the parties.


The Company will make the requisite announcement(s) on any material development in relation to the Proposal in due course.


This announcement is dated 25 October 2024.

Posted by Viable4Everything > 3 weeks ago | Report Abuse

Johor-theme effect is wearing off on the company ...?

theyoungman

1,989 posts

Posted by theyoungman > 3 weeks ago | Report Abuse

Wow. 932k volume only

theyoungman

1,989 posts

Posted by theyoungman > 3 weeks ago | Report Abuse

turbo, it is for this bb to go south, very turbo. ha!

Posted by NatsukoMishima > 3 weeks ago | Report Abuse

Last step to complete restructuring process ! 2025 iwcity is the property construction king in johor !

theyoungman

1,989 posts

Posted by theyoungman > 3 weeks ago | Report Abuse

Contra players are flushed out. Low vol and big guys tahan the price nia.

Lesser contra players partly due to 8.03A on this bb. That's good.

Do not punt and speculate and contra. 8.03A not settled, still have lots of hidden risks.

Posted by GoldenCoin23 > 3 weeks ago | Report Abuse

Buy! korean coming

theyoungman

1,989 posts

Posted by theyoungman > 2 weeks ago | Report Abuse

@GoldenCon23, so hero oh. Para8.03A leh

Posted by NatsukoMishima > 2 weeks ago | Report Abuse

What will happen if president Xi tell our PM that China will inject funds to start HSR project at PM visit to China ???

Posted by NatsukoMishima > 2 weeks ago | Report Abuse

Iwcity still profit n many land bank at JB city centre , their assets value will ten fold skyrocket after today PM visit to China !! U will regret not buying iwcity !

theyoungman

1,989 posts

Posted by theyoungman > 2 weeks ago | Report Abuse

turbochart is right. miss it is better than bearing and carrying a bomb (it may not explode, but, why still get her? get other better one such as 1651 and 5148 - super stable with thin vol, something FISHY!)

Posted by NatsukoMishima > 1 week ago | Report Abuse

Yes , a bomb worth 5 billion ! U dont want , i want , more billion bomb to come soon , this is cresendo 2.0 ! All in now !

theyoungman

1,989 posts

Posted by theyoungman > 1 week ago | Report Abuse

Nat, well done

Posted by NatsukoMishima > 1 week ago | Report Abuse

Restructure confirm finish done soon + 5 billion bom = 3 x cresendo 2.0 ! U dont want because u are bodoh who hate money ! I will all in this johor land bank power house ! Within 3 years will hit rm 4 !

Posted by NatsukoMishima > 1 week ago | Report Abuse

Just a matter of time to skyrocket !

theyoungman

1,989 posts

Posted by theyoungman > 1 week ago | Report Abuse

Nat, huat arhh

theyoungman

1,989 posts

Posted by theyoungman > 1 week ago | Report Abuse

turbo, it is true, no play play with 8.03A. the worry is not over yet for this bb.

xiaoeh

2,717 posts

Posted by xiaoeh > 1 week ago | Report Abuse

TYM
if RTS and JS-SEZ do bring this debt laden inefficient Ekovest & IWCT share price up
u truly and surely become a hero and lots of people sing song for u
if RTS and JS-SEZ can never help this debt laden inefficient Ekovest and IWCT share price up
then u will become hair cross that people will also sing song talk cock
u r standing at the very thin line
just take care...

Posted by Viable4Everything > 1 week ago | Report Abuse

Let's wait until end of this month and see ...

theyoungman

1,989 posts

Posted by theyoungman > 6 days ago | Report Abuse

@xiaoeh, true.
no fight, no hurt.
got fight, got chance to win big.
always true one.
investment decisions depend on individual, no harm done for any decisions made.
most imptly, wish all investors to Huat all the way, sure huat, must win. Always stay positive if decision is made.

@viable4everything, got no stock with this bb AFTER mid 2023 (last year) liao after seeing this 8.03A continue to postpone and delay.... so, sold all liao since then, once opt out, and forever opt out UNTIL the 8.03A is settled, by the time then decide whether to get this bb or not, not too late yet. my2c.

JJPTR

200 posts

Posted by JJPTR > 6 days ago | Report Abuse

IWCity 1589=
KLCI next support level
Below 1580 ....free fall to 1560

theyoungman

1,989 posts

Posted by theyoungman > 5 days ago | Report Abuse

JJPTR😲😲😏😏💪🏻🤣😵😂😂

turbochart

536 posts

Posted by turbochart > 5 days ago | Report Abuse

Pertama Digital. 2.30 dropped to 0.23. Kena Rule 8.03a

theyoungman

1,989 posts

Posted by theyoungman > 1 day ago | Report Abuse

@turbo, wait till the 8.03A is settled then look at it loh. no harm. never be too late one in investment / stk mkt.

turbochart

536 posts

Posted by turbochart > 7 hours ago | Report Abuse

Why not yet suspended?🤔

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