ISKANDAR WATERFRONT CITY BERHAD

KLSE (MYR): IWCITY (1589)

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Last Price

0.55

Today's Change

+0.005 (0.92%)

Day's Change

0.54 - 0.56

Trading Volume

5,573,300


31 people like this.

34,716 comment(s). Last comment by turbochart 6 hours ago

xuxu

5,861 posts

Posted by xuxu > 2019-12-13 16:40 | Report Abuse

difficult to tell, maybe all learned the mistake last time hihi

hohoho123

3,165 posts

Posted by hohoho123 > 2019-12-13 16:42 | Report Abuse

ya people learn from mistake

xuxu

5,861 posts

Posted by xuxu > 2019-12-13 16:45 | Report Abuse

no drop below 1.0 don't want to buy already

Lousy

646 posts

Posted by Lousy > 2019-12-13 16:51 | Report Abuse

Up too little sound fishy

xuxu

5,861 posts

Posted by xuxu > 2019-12-13 16:54 | Report Abuse

if really the very good news, it suppose to be limit up already

hohoho123

3,165 posts

Posted by hohoho123 > 2019-12-13 16:54 | Report Abuse

wait ekovest ....eko lag behind

ryong92

384 posts

Posted by ryong92 > 2019-12-13 16:55 | Report Abuse

If confirm sign already limit up. Monday red sea

Alan Lobster

7,570 posts

Posted by Alan Lobster > 2019-12-13 18:50 | Report Abuse

Iwcity will definitely bags some of BM projects furthermore LKH holds most of its shares in this company. U get what i mean

SejukSam

1,005 posts

Posted by SejukSam > 2019-12-13 20:15 | Report Abuse

ooooo

iwcity n ekovest belongs to LKH, u guys really think they will have NO part in bandar malaysia?

BM is worth 140Bil wor!!!

aiyoyo

khpwwl

3,477 posts

Posted by khpwwl > 2019-12-13 20:25 | Report Abuse

Those always think that ekovest n Iwcity are not related to BM, so they won't make monies loh

SejukSam

1,005 posts

Posted by SejukSam > 2019-12-13 20:28 | Report Abuse

when their share prices go up like this, common sense dictates that the market knows who's involve or not.

so there

aiyoyo

stncws

10,714 posts

Posted by stncws > 2019-12-13 20:31 | Report Abuse

Operator hold the price..After the sign. they got share swap. lim botak will Pc.afterward

Posted by BaybieShark > 2019-12-13 20:39 | Report Abuse

Last time 3 peak price after iwcity, after 3 years BM land already appreciate alot do you think still 3 ?

Posted by BaybieShark > 2019-12-13 20:39 | Report Abuse

Give you margin of safety 2.5-3

SejukSam

1,005 posts

Posted by SejukSam > 2019-12-13 20:48 | Report Abuse

baybieshark if iwcity price more than rm3 i fat tat very much lor

aiyoyo

James Ng

2,706 posts

Posted by James Ng > 2019-12-13 21:25 | Report Abuse

https://klse.i3investor.com/blogs/general/247590.jsp
[转贴] [Facebook live video:浅谈Iskandar Waterfront City bhd (IWCity)] - James的股票投资James Share Investing

gemfinder

6,880 posts

Posted by gemfinder > 2019-12-13 21:28 | Report Abuse

News out 1230pm oso no limit up today.. wats d logic limit up next mon? Buy at ur own risk. Dun blindly chase

Posted by BaybieShark > 2019-12-13 21:30 | Report Abuse

140bil project not blindly chase

gemfinder

6,880 posts

Posted by gemfinder > 2019-12-13 21:31 | Report Abuse

Then good luck to u

Alan Lobster

7,570 posts

Posted by Alan Lobster > 2019-12-13 21:56 | Report Abuse

naysayers always asking ppl to be careful lar, sell lar , run lar hoping to collect low from innocent newbies ...even if drop limit down with 140 BILLIONS how can anyone miss that out unless you are Ah JiB ...saya tak tahu ....

Alan Lobster

7,570 posts

Posted by Alan Lobster > 2019-12-13 22:01 | Report Abuse

careful better keep hard earned money in FD...safest. Period....

Alan Lobster

7,570 posts

Posted by Alan Lobster > 2019-12-13 22:09 | Report Abuse

DOW JONES SOARS AS US AND CHINA AGREE TO TRADE DEAL IN PRINCIPLE

another good week a head

Alan Lobster

7,570 posts

Posted by Alan Lobster > 2019-12-14 08:08 | Report Abuse

-A+A
KUALA LUMPUR (Dec 14): The Bandar Malaysia project, which is to redevelop the former air-force base in Sungai Besi, is expected to kickstart in the New Year — a few weeks from now.

The joint-venture IWH-CREC Sdn Bhd and Ministry of Finance (MoF) will sign a reinstatement amended share sale agreement this coming Tuesday to finalise the terms and details relating to the divestment of the 60% equity interest held by the Government in the development project, according to sources familiar with the matter.

The strings attached to the stake sale this time round are that IWH-CREC, being the master developer, will have to ensure that 10,000 units of affordable homes will be built there. Also, the Government is said to have requested for a 70-acre park in the centre of the massive development that will be the green lung of the 483 acres of land in the southern part of the city.

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On top of that, the joint venture is committed to pay RM1.24 billion as advance payment. The remaining sum will be on a deferred basis — it will be settled by 2023. IWH-CREC, meanwhile, will obtain a bank guarantee of the availability of sufficient funds for the settlement of the purchase consideration.

“There are some amendments to the initial agreement (which was signed in April). The signing of the amended agreement will reinstate the stake sale.

“It (signing of the amended agreement) is an important milestone. With that the JV (IWH-CREC) will start the project anytime soon,” said a source.

Upon completion of the stake sales, IWH-CREC will hold a 60% stake in the Bandar Malaysia project, which has an estimated gross development value of RM140 billion, while MoF will own the remaining 40%.

IWH-CREC is a 60:40 joint venture between Iskandar Waterfront Holdings Sdn Bhd (IWH) and China’s state-owned enterprise China Railway Engineering Corp (CREC). CREC will have an effective stake of 24% stake in the project.

Businessman Tan Sri Lim Kang Hoo has a 63% stake in IWH while Johor State’s Kumpulan Prasaran Rakyat Johor Sdn Bhd controls the remaining 37%.

To recap, Malaysia signed a framework agreement with China on April 25 in Beijing to revive the Bandar Malaysia project.

The signing of the framework agreement was witnessed by Prime Minister Tun Dr Mahathir Mohamad and China's Premier Li Keqiang.

Economic Affairs Minister Datuk Seri Mohamed Azmin Ali represented the Malaysian Government to sign the framework agreement with China Railway Group Ltd president Zhang Zongyan at Peony Hall, Diaoyutai State Guest House during Mahathir’s visit to China early this year.

The project was cancelled by the Barisan Nasional-administration abruptly in May, 2017, citing the reason that IWH-CREC failed to meet payment deadlines for the purchase of a 60% stake in the project.

Alan Lobster

7,570 posts

Posted by Alan Lobster > 2019-12-14 08:12 | Report Abuse

Good info and making more informed decisions especially for newbies ...invest b4 the next limit up akan datang ...ya ......

gemfinder

6,880 posts

Posted by gemfinder > 2019-12-14 09:43 | Report Abuse

Sell on news la

Alan Lobster

7,570 posts

Posted by Alan Lobster > 2019-12-14 09:48 | Report Abuse

if you cant go against the flow why not join in the flow ...at 0.905 a piece better pray hard you still can get it cheap next week ....to those lowballers please wake up

B4b4

7,597 posts

Posted by B4b4 > 2019-12-14 10:16 | Report Abuse

Limit up!

tebrauteguh

1,399 posts

Posted by tebrauteguh > 2019-12-14 10:19 | Report Abuse

RECAP

A little take away on the previous(2017) jump.

Real action took place
~2 Mar'17 Price opened at 1.29, peaked at 1.41 and closed at 18mil shares traded.

3/3/17 opened at 1.45 peaked at 1.77 and closed at 1.64. 63mil shares traded.

4 and 5 Mar Weekend
6-8 Mar IWC requested Suspension. This is after BM euphoria. If IWC is not related to BM, why would they suspend the share? I dont have answer for it.

9/3/17(Thur) opened at 1.58, peaked at 1.76 and closed at 1.81. 85mil shares traded
.
10/3/17 opened at 1.82, peaked at 2.28 and closed at 2.28. 114mil shares traded.

13/3/17 (Mon) opened at 2.75, peaked at 2.93 and closed at 2.57. 128mil shares traded.

14/3/17 opened at 2.61, peaked at 2.90 and closed at 2.80. 135mil shares traded.

Hovered around 2.80 for 2 weeks before jump to above 3.00

After Irwin serigala pulled the plug on BM, it dived to below 1.000

Posted by Jonathan Keung > 2019-12-14 10:32 | Report Abuse

BM signal China state owned companies coming back to Malaysia after a lull of inactivity after GE 14. The BRi indicates China continued involvement in Malaysia key development. Malaysia need the FDI inflows

amircesc4

335 posts

Posted by amircesc4 > 2019-12-14 12:34 | Report Abuse

Only up 2sen from my average buy of RM1. Haih, HODL!

tebrauteguh

1,399 posts

Posted by tebrauteguh > 2019-12-14 15:52 | Report Abuse

Iwcity when on Beast mode, all analysis doesn’t work anymore.

tebrauteguh

1,399 posts

Posted by tebrauteguh > 2019-12-14 15:52 | Report Abuse

For gamblers.

Pc Tan

240 posts

Posted by Pc Tan > 2019-12-14 16:27 | Report Abuse

casino counter

abcb

3,056 posts

Posted by abcb > 2019-12-14 16:45 | Report Abuse

Buy on rumours and sell on facts!
Will it limit up or down on next Monday?
I think nobody will get the correct answer

Alan Lobster

7,570 posts

Posted by Alan Lobster > 2019-12-14 16:51 | Report Abuse

ANY valid reason to SELL ??? Well you must be desperate in need of cash ...someone's misfortune is others fortune...period

Alan Lobster

7,570 posts

Posted by Alan Lobster > 2019-12-14 17:03 | Report Abuse

Bandar Malaysia to be built
STAR PROPERTY
Saturday, 14 Dec 2019

Posted by BaybieShark > 2019-12-14 19:00 | Report Abuse

Ekovest - Iwcity - Pls Plantation

Alan Lobster

7,570 posts

Posted by Alan Lobster > 2019-12-14 21:31 | Report Abuse

Iwcity will suprise those who choose to neglect this hidden LKH gem

Posted by BaybieShark > 2019-12-14 23:44 | Report Abuse

Foreign fund will enter, first need to break 1.32 previous limit up price

Posted by The speculators The speculators > 2019-12-15 02:39 | Report Abuse

I think Safer buy revenue

singh1

1,008 posts

Posted by singh1 > 2019-12-15 04:03 | Report Abuse

Tebrau you really study the counter kao kao, like a scientist He! He! He!

Is it not interesting that IWCITY freefloat is 43% or 360M shares only.

Yet the volume is so terribly high. It is a highly manipulated counter. No one can predict the direction except the manipulators !!! The ikan bilis can only try to steal some food from near the mouth of the shark. If bad luck kena swallowed. If I can make some and survive can celebrate already. One more round of guiness. Yam seng !!! and try not to be a hero. Good luck to all.

Posted by Maurice1688 > 2019-12-15 08:26 | Report Abuse

On April 2019, without signing confirmation RM1.32 limit up, now with signing confirmation, I see no issue above RM2

Posted by trading2019 > 2019-12-15 09:18 | Report Abuse

"Take profit first, buy on pullback later." ~ Abraham Lincoln

Posted by BaybieShark > 2019-12-15 09:47 | Report Abuse

This counter once rocket up won't pull back, but your pullback theory could apply on other counters

Alan Lobster

7,570 posts

Posted by Alan Lobster > 2019-12-15 10:13 | Report Abuse

take profit only if theres a pull back

Posted by BaybieShark > 2019-12-15 19:00 | Report Abuse

Bandar Malaysia is the future

nestor

411 posts

Posted by nestor > 2019-12-15 19:41 | Report Abuse

How u know they didn't buy?

Pc Tan

240 posts

Posted by Pc Tan > 2019-12-15 20:13 | Report Abuse

because botak lim is his relative

MichelleNg

1,031 posts

Posted by MichelleNg > 2019-12-15 20:16 | Report Abuse

Buy debts or buy future hopes? At current price it is over price. I will not buy in this company shares for now even she is the son of IWH.

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