aiyo is that a super shooting star on the chart, be cautious from now and dont miss bringing your girlfriend to wait at a lower level kikikikikikikikikiki
Don't sell cheaply. Penang island no more land so Ivory to benefit. Has yet to reclaim Penang WorldCity land which could see even higher profit in future.
If high value of NTA cannot generate cash flow n earnings also no use. based on newspaper cutting, i believe previously sold 'ikea' balance amout has been credited into account. 'Mayb' will declare special dividend. Good Move to acquire low-medium cost property company. Now i know the company 'next move'!
Got earnings la and bank borrowings has reduced(cash flow improve) due to disposal of Ikea land in mainland Penang. Yesterday announcement(low-medium cost prop) mean they still want to expand business in Penang island.
if property company earnings come from sales of land not really convincing. Anyway...my personal opinion. I hope u dont mind. reduce borrowings is a good move. at least now they have more capital to develop Penang World City. Go IVORY! Alw with u since 1st day listing!
Recently read a lot complain regarding Southern Penang island land reclamation projects. It will only benefit Ivory as Ivory land reclamation nearer to Penang Bridge and not affecting fishermen livelihood. Perhaps Ivory must allow to reclaim more land to address shortage land in Penang island.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
KedahMalay
573 posts
Posted by KedahMalay > 2016-05-18 12:09 | Report Abuse
buy