IVORY PROPERTIES GROUP BERHAD

KLSE (MYR): IVORY (5175)

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Last Price

0.04

Today's Change

-0.005 (11.11%)

Day's Change

0.04 - 0.04

Trading Volume

120,000


8 people like this.

3,166 comment(s). Last comment by Fznzm Abdullah 1 month ago

Hustle

3,615 posts

Posted by Hustle > 2014-09-03 08:18 | Report Abuse

Thanks impartially, need to warn my friends that booking for their properties units with this company. I think basically, the share price will reflect his company situation faster than actual.

Posted by impartiality > 2014-09-03 12:35 | Report Abuse

Most developers share price are at or near one year high this one is re opposite and the share price is at one year low

Posted by bonesycthe > 2014-09-03 14:50 | Report Abuse

Impartiality: You must learn how to let go! Why are you still hang on to this counter and everyday giving negative comments? Shame on you!

yanxuan8

427 posts

Posted by yanxuan8 > 2014-09-03 14:52 | Report Abuse

Yalah impartiality ..not tired meh?

Posted by impartiality > 2014-09-03 14:52 |

Post removed.Why?

PeiLin

9 posts

Posted by PeiLin > 2014-09-03 14:56 | Report Abuse

:-) Time will tell the truth

Hustle

3,615 posts

Posted by Hustle > 2014-09-03 14:57 | Report Abuse

Seems like Pei Lin friends rumors have become a concrete news, heard that saint disk also set up factory at the area nearby there.

yanxuan8

427 posts

Posted by yanxuan8 > 2014-09-03 15:04 | Report Abuse

Hahaha .....

PeiLin

9 posts

Posted by PeiLin > 2014-09-03 15:09 | Report Abuse

Possible Mr Impartiality is one of largest shareholder on this company, who know the truth?
He is laughing us all the time.

WDragon

135 posts

Posted by WDragon > 2014-09-03 15:21 | Report Abuse

Ivory, Penang Government in planned 8billion property project in Batu Kawan..

keelin

170 posts

Posted by keelin > 2014-09-03 15:48 | Report Abuse

Saw the news announcement @ YAB Lim Guan Eng's fB

WDragon

135 posts

Posted by WDragon > 2014-09-03 15:58 | Report Abuse

so if tomorrow publish in newspaper then sure fly high liao

cherry tomato

1,880 posts

Posted by cherry tomato > 2014-09-03 15:59 | Report Abuse

if public sure dip kau kau

kptMx

579 posts

Posted by kptMx > 2014-09-03 21:47 | Report Abuse

The closing was very positive.

michealjp

40 posts

Posted by michealjp > 2014-09-03 21:54 | Report Abuse

Which is better, mrcb wt 7billion kwasa mx1 project now at 1.70 or ivory wt 8billion Bt kawan project just at 0.62. The latter will b obvious rite?

4elements

147 posts

Posted by 4elements > 2014-09-03 22:12 | Report Abuse

michealjp.....off hand, one can see that Ivory would be better. But then again, not necessarily. There is absolutely no point in holding on to either Ivory or MRCB if both counters are weak in pushing up their shares to its realised value. Wud be better to look at other counters. One good example would be TAMBUN.

kptMx

579 posts

Posted by kptMx > 2014-09-03 22:40 | Report Abuse

wow! 8 billion ringgit property project in Batu Kawan! Yessssssssss!

keelin

170 posts

Posted by keelin > 2014-09-04 07:10 | Report Abuse

Ivory partners Ikano in RM8b project
Posted on 4 September 2014 - 05:39am
sunbiz@thesundaily.com

PETALING JAYA: Ivory Properties Group Bhd's 49%-owned Aspen Vision Land Sdn Bhd (AVLSB) is partnering with Ikano Pte Ltd (Ikano) to develop a mix development project, to be spread over a 10-year period, with an estimated gross development value of RM8 billion in Batu Kawan, Penang.

AVLSB, together with Ikano, will also develop a state-of-the-art integrated regional shopping centre and anchored by an IKEA Store.

In a filing with Bursa Malaysia, Ivory said it had signed a purchase and development agreement with PDA for the acquisition of 245-acre freehold land in Bandar Cassia for an undisclosed sum.

diqiuhao

166 posts

Posted by diqiuhao > 2014-09-04 09:00 | Report Abuse

don't know why not all newspaper post this news...

Posted by impartiality > 2014-09-04 09:30 | Report Abuse

All anaylsts know that they don't have the capability to do it. They just announced that they are behind schedule in their payments for the land purchase in penang world city. Most vendors would have terminated the spa they have only 30 mil in cash and more than 350 mil in borrowings how to get additional debt financing ?

Hustle

3,615 posts

Posted by Hustle > 2014-09-04 10:33 | Report Abuse

Agree with that, their debt is damn high.

Hustle

3,615 posts

Posted by Hustle > 2014-09-04 15:47 | Report Abuse

impartially, how come PDC not check their background first before the join venture?

PeiLin

9 posts

Posted by PeiLin > 2014-09-04 16:29 | Report Abuse

I've to agree with Mr Impartially, this counter is really boring. Even though they've good catalyst, unfortunately the stock still unattractive enough.

Posted by impartiality > 2014-09-04 17:05 | Report Abuse

Hustle you have to ask lim guan eng himself

Hustle

3,615 posts

Posted by Hustle > 2014-09-04 17:15 | Report Abuse

I think LGE still busy with the PPS, may be ask him next time. By the way, Ivory possibly can venture into new business that suit their company name

http://www.dailymail.co.uk/news/article-2244475/Black-Ivory-coffee-Thailand-using-beans-digested-elephants.html

steveooikp

4,689 posts

Posted by steveooikp > 2014-09-12 11:12 | Report Abuse

slow counter....

steveooikp

4,689 posts

Posted by steveooikp > 2014-09-12 11:14 | Report Abuse

debt is high.... but they have ample landbanks.... those landbanks are in penang.... good development potential....

Hustle

3,615 posts

Posted by Hustle > 2014-09-12 13:20 | Report Abuse

Steady man, Ivory already plan to breed elephant with all those land banks, this is a join venture project with Thailand coffee tycoon.No hush, all shareholders will get a VIP discount card.

Posted by impartiality > 2014-09-17 17:45 | Report Abuse

They have already developed a big white elephant in penang Times Square congrats

davidkkw79

5,068 posts

Posted by davidkkw79 > 2014-09-18 09:46 | Report Abuse

no money to develop, of course will turn out to be elephant project

Hustle

3,615 posts

Posted by Hustle > 2014-09-18 13:13 | Report Abuse

Coffee business is not a bad idea lol

Hustle

3,615 posts

Posted by Hustle > 2014-09-18 13:14 | Report Abuse

Ivory white coffee might be a new venture, nothing is impossible hehe

Posted by impartiality > 2014-09-19 10:13 | Report Abuse

They do have a club in penang which some are avoiding as a result of a few shooting incidents

Hustle

3,615 posts

Posted by Hustle > 2014-09-19 11:32 | Report Abuse

seems like the management team is quick lousy. Base on the company improvement time frame, can see that Tambun already fly to the moon, just left this elephant that still processing coffee bean.

kentlim

40 posts

Posted by kentlim > 2014-09-19 12:51 | Report Abuse

Agreed with Mr.Hustle.. Lousy Team = Rubbish IN, Rubbish OUT. I believed a lot people get into this trap...

davidkkw79

5,068 posts

Posted by davidkkw79 > 2014-09-22 20:42 | Report Abuse

Tp is 0.30

Hustle

3,615 posts

Posted by Hustle > 2014-09-23 16:03 | Report Abuse

Bases on impartially & david prediction I think better swim away first before the tide goes out.
So long both sifu :)

steveooikp

4,689 posts

Posted by steveooikp > 2014-09-24 16:40 | Report Abuse

coming lah... 59.5 .... later cross 60... up up to 67 68....

Hustle

3,615 posts

Posted by Hustle > 2014-09-24 16:47 | Report Abuse

I think it will give you 69 tomorrow if you buy now lol

Posted by impartiality > 2014-09-24 16:56 | Report Abuse

The writing on the wall is comings and you can buy 100 mil shares at 50 sen then

steveooikp

4,689 posts

Posted by steveooikp > 2014-09-24 17:12 | Report Abuse

hahaha.... why like tat... ivory is doing very well in penang.... 67 ... 68 sure no problem... cross 70 also possible... high gearing? aiyo... nvm one... a lot of companies high gearing... most importantly they have a lot of landbanks.... asset ... u know... once landbank developed... cost will be x 3 = asset...

Posted by impartiality > 2014-09-24 18:59 | Report Abuse

Moron pls stop talking cock ivory gearing is a lot higher than major developers listed . Show proof that it's not having land banks is one thing but being able to develop is profitably is another if a moron is given a free plot of land beside klcc he will lose money from any development he does it's just like giving the worst carpenter the best german tool but the chair will still break when someone sits on it don't treat us like a bunch of fools

Posted by impartiality > 2014-09-25 10:13 | Report Abuse

In the last 2 years all rallies were short term and also regressed to new lows after a few days it is clear that those rallies were not fundamentally driven

Hustle

3,615 posts

Posted by Hustle > 2014-09-25 11:03 | Report Abuse

steveooikp you should listen what sifu teach you, don't dreaming at day light.
if you buy yesterday, when reach T3 I'm sure you will get luk chat or luk kao for the non numeric word :)

Hustle

3,615 posts

Posted by Hustle > 2014-09-25 15:52 | Report Abuse

Seem like the elephant need to drink S'porian pee water already lol

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1748221

Hustle

3,615 posts

Posted by Hustle > 2014-09-25 17:16 | Report Abuse

Not bad, project wawasan 2020. Sounds like very very very long term vision, not pretty sure need to swim naked or not lol

Posted by impartiality > 2014-09-26 00:31 | Report Abuse

Hock dog thinks he is big enough to compete against two giant chinese devlepors in an oversupply market sp setia sales is peanuts comapared to country garden

Hustle

3,615 posts

Posted by Hustle > 2014-09-26 13:00 | Report Abuse

That's why Hock hired the beggar to be his chief of security, pretty match with his company reputation lol

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