Posted by William > 2017-05-26 22:30 | Report Abuse

Ivory Properties: No tie-up with Mcoin company

http://m.thesundaily.my/node/448289

Posted by Apollo Ang > 2017-05-26 22:32 | Report Abuse

ivory no tie up but datuk low personally tie up with teddy bear teow,they are bff....haha

Posted by Penang_lang > 2017-05-28 05:42 | Report Abuse

Those braveheart can take the news as chance for you to collect cheap. GE 14 this year? TP 70-80 sen?

Ivory Properties: No tie-up with Mcoin company
http://m.thesundaily.my/node/448289

Posted by Penang_lang > 2017-05-28 05:42 | Report Abuse

GE in 2013 Ivory goreng to 80 sen. Got chance 80 sen again in GE 14?
https://klse.i3investor.com/servlets/stk/chart/5175.jsp

Posted by limch > 2017-05-28 05:46 | Report Abuse

Compare to 2013 when GE last held; Ivory sales, profit and assets has improved but not share price.
https://klse.i3investor.com/servlets/stk/fin/5175.jsp

Posted by JT James > 2017-05-29 15:34 | Report Abuse

MMall kena raid. Thats why Ivory stock plummeted.

Posted by JT James > 2017-05-29 15:34 | Report Abuse

RIP Ivory ...
http://www.thestar.com.my/news/nation/2017/05/29/penang-mall-raided/

Posted by William > 2017-05-29 16:01 | Report Abuse

JT James, y u so negative? I dun think Ivory will RIP... as long as company is doing well and earning, others things still can be solve... Ivory is a potential counter, this is wat i believe....

Posted by Apollo Ang > 2017-05-29 16:22 | Report Abuse

MBI office kena raid, ivory mati.....hahaha

Posted by William > 2017-05-29 16:49 | Report Abuse

Nth to worry

Posted by JT James > 2017-05-29 17:14 | Report Abuse

Not i negative, market negative...LOL...else why drop more than 5%?
And do u know that MBI is their only tenant there? Nothing to worry? LOL

Posted by kcgoh1234 > 2017-05-29 18:19 | Report Abuse

pls be smarter ppl, esp william

Posted by kcgoh1234 > 2017-05-29 18:19 | Report Abuse

r u penangite? go penang to walk walk see see

Posted by kcgoh1234 > 2017-05-29 18:19 | Report Abuse

ivory has no hope

Posted by kcgoh1234 > 2017-05-29 18:20 | Report Abuse

髒欲發 (terry teoh) = low eng hock = abang adik = partners in crime = m mall = m point = mbi = soju night club

Posted by kcgoh1234 > 2017-05-29 18:21 | Report Abuse

see la, after m mall collapses, properties within m mall such as penang times sq new phase - the wave duo diao liao

Posted by kcgoh1234 > 2017-05-29 18:21 | Report Abuse

significant decrease in price is expected. Ghost town penang times sq

Posted by kcgoh1234 > 2017-05-29 18:24 | Report Abuse

same is nasi lemak. ivory is already a " chao shui" sour nasi lemak which worth RM 0, u should go and buy mdm kuan nasi lemak. so many good prop develops in penang, buy ecoworld la. ivory NEVER pays 1 cent of dividends since IPO and do cash call - rights issue with shit warrants to cheat investors.

Posted by kcgoh1234 > 2017-05-29 18:25 | Report Abuse

awake la people, dont be fooled. buying company is buying a ppl. when the boss is shit, this company is shit, jia sai.

Posted by William > 2017-05-29 19:42 | Report Abuse

Lol...

Posted by kcgoh1234 > 2017-05-30 12:59 | Report Abuse

http://www.chinapress.com.my/20170529/%E4%BD%A0%E6%9F%A5%E4%BD%A0%E7%9A%84%EF%BC%8C%E6%88%91%E6%8F%9B%E6%88%91%E7%9A%84-mbi%E5%9C%8B%E9%9A%9B%E6%8A%95%E8%B3%87%E8%80%85%E6%B7%A1%E5%AE%9A%E6%8F%9B%E8%B3%BC/

Posted by kcgoh1234 > 2017-05-30 13:00 | Report Abuse

http://www.thestar.com.my/news/nation/2017/05/30/mbi-groups-ampang-store-raided/ MBI Group’s Ampang store raided

Posted by kcgoh1234 > 2017-05-30 13:01 | Report Abuse

http://www.thesundaily.my/news/2017/05/29/monetary-enforcement-authorities-raid-mbi-international-office However, as recently as last Thursday, the sales gallery at the mall confirmed that it still accepts MPoints as payment for up to 20% of the value of The Wave development at Jalan Dato’ Keramat in Penang.

Posted by kcgoh1234 > 2017-05-30 13:01 | Report Abuse

yam kong lo, can use m points to pay for long delayed the wave development.

Posted by kcgoh1234 > 2017-05-30 13:02 | Report Abuse

the development which has dragged for at least 4 yrs. still cannot sell all. dim gai - overpriced, and build by this shitty ivory. now need M Points to help. wahahaha good luck my friend.

Posted by kcgoh1234 > 2017-05-30 13:04 | Report Abuse

It will be better if I can BUY Ivory share using M-Point. Check with Bursa Malaysia whether we can do this wahahahahaha yoyoyoyoyoyoyoyo. Like this Ivory will hit RM 2 when election comes, hohohohohohohoohoh... I have so many M points, dont know where to spend la, wave buy 10 units already using m points, of course now want to use M Point to buy Ivory counter lar, ho sei liao

Posted by kcgoh1234 > 2017-05-30 13:23 | Report Abuse

@ penang_lang - Brother, " All IN" Ivory, wor penang lang ji chi lu, put all ur money in and go ah long to take loan and all in Ivory. RM 2 soon not only RM 0.80.... Dont talk so much, JUST ALL IN.

Penang_lang Tropicana Bay Residence(Penang World City) to complete soon. Ivory to show big jump in profit in 2017? TP 60-70 sen end 2017 or before GE 14?

Posted by Cheetos > 2017-05-30 16:16 | Report Abuse

i am waiting for someone to say limit up tomorrow ..... LOL

Posted by lanjiolang > 2017-05-30 17:22 | Report Abuse

run forrest run!!!

Posted by lanjiolang > 2017-05-30 17:25 | Report Abuse

biggest loss ever for ivory

Posted by zzzpk > 2017-05-30 17:25 | Report Abuse

limit up tomorrow!!!! LOL

Posted by Apollo Ang > 2017-05-30 17:31 | Report Abuse

limit up? u sudah gila lah

Posted by kcgoh1234 > 2017-05-30 17:53 | Report Abuse

yoyoyoyo brother, ask Penang_Lang to intepret Q4 result. Bro Penang Lang will buy more definitely.

Posted by kcgoh1234 > 2017-05-30 17:54 | Report Abuse

without 2mio of reversal of tax provision, loss for the quarter is in fact 6,451k, not 4,246k wahahahhaha

Posted by kcgoh1234 > 2017-05-30 17:55 | Report Abuse

A9 Operating Segments (Cont’d)
Major Customers
Major customers with revenue equal or more than 10% of the Group’s total revenue as at the end of
current financial period are as follows:
RM’000
Customer A 70,854
Customer B 28,488
Customer C 14,363

Posted by kcgoh1234 > 2017-05-30 17:55 | Report Abuse

wah so dependent of 3 dua ka, list out la who is customer A B C

Posted by kcgoh1234 > 2017-05-30 17:56 | Report Abuse

rough guess - A) MBI B) Teddy Teow C) MBI Teddy Teow & their associates wahahahahah

Posted by Apollo Ang > 2017-05-30 17:57 | Report Abuse

tomoro below 40cts, ivory mampus.....haha

Posted by kcgoh1234 > 2017-05-30 17:58 | Report Abuse

Revenue from the property development division decreased from RM87.5 million to RM61.6 million as
a result of minimal new sales and minimal construction progress due to the near-completion stage of
City Residence and Citi Mall and initial stage of construction of The Wave (Phase 3), and The Central
(Phase 4) of Penang Times Square.
Revenue from the construction division increased from RM27.4 million reported in previous year
corresponding quarter to RM65.3 million due to the higher percentage of work done at phase 1A of
Penang World City which is targeted to be completed by middle of 2017.

Comments - The wave cannot sell. Penang world city project almost done liao, pls be awake, its mere construction work awarded by tropicana. not their project la............................................. next quarter, jia miao (porridge) laaaaaaa

Posted by kcgoh1234 > 2017-05-30 18:00 | Report Abuse

The Malaysian economy is expected to sustain growth rate of between 4.3% and 4.8% in 2017,
notwithstanding domestic and external headwinds and the current property market glut.
The Group is maintaining its focus to deliver on-going development projects on time and strive its
effort to launch new projects with right product and pricing that withstand the moderated property
market.

Comments - Malaysia Economy, does it matter to u?? You seems only have the waze o/s, and what a joke to focus to deliver on-going proj on time, the waze has dragged for 4 yrs +++, dont u feel TL buyers.

Posted by kcgoh1234 > 2017-05-30 18:03 | Report Abuse

Target price - 80% discount of NAV 91c = 18.2c. robert kuok's kerry prop listed in HK discount at 60%, ivory discount at 80% already give face already, sama sama penang lang.

Posted by kcgoh1234 > 2017-05-30 18:03 | Report Abuse

Target price - 80% discount of NAV 91c = 18.2c. robert kuok's kerry prop listed in HK discount at 60%, ivory discount at 80% already give face already, sama sama penang lang, cincai la. if not 95 discount of 91c = oops 0.0455 wahahahahah I love penny stock

Posted by Apollo Ang > 2017-05-30 18:05 | Report Abuse

the wave 4 years? 2009 already soft launch until now not even 20% ready

Posted by kcgoh1234 > 2017-05-30 18:10 | Report Abuse

@ Bro Apollo Ang - I apologise for the wrong info. opps, wah so long liao, time flies, and they still slow like tortoise until I have forgotten the time. It's 8 yrs coming, hahaha. Maybe The Waze 100% handmade without using any machinery like ancient time.

Posted by kcgoh1234 > 2017-05-30 18:12 | Report Abuse

and Ya their veteran director Ooi Chin Loo also resign and jump away from the ship liao. And Datuk Ooi holds only 10,000 shares at 0.43 = RM 4,300 on his resignation notice to bursa. Even veteran staff has no confidence on Ivory, holds share worth RM 4,300. How to align management interest with shareholders.

Posted by kcgoh1234 > 2017-05-30 18:17 | Report Abuse

All bro can refer announcement to verify this 10,000 shares. Top man like datuk Ooi should have hold 10,000,000 shares X 0.43 = RM 4.3 million worth of share laaa. RM 4,300 malu la. Be confident on ur own "great" work. Penang_Lang is buying and will push it to 80c for u, to thank for ur great service.

Posted by kcgoh1234 > 2017-05-30 18:46 | Report Abuse

low eng hock direct stakes (interest) in ivory is ONLY 6,388,529 shares X 0.43 = RM 2.747m. The rest has been pledged to the securities firm. he wont care abt ivory. He took more than 2m of salary on 2.747 value of interest inside, stupid minorities. try to squeeze down 30c, see securities firm will force sell all his shares wahahahahhaha

Posted by Penang_lang > 2017-05-30 21:56 | Report Abuse

Result expected. 9 months QR very good even so many projects still uncompleted. If report good QR must pay a lot of taxes which will burden Ivory cash flow.

Posted by Apollo Ang > 2017-05-30 22:27 | Report Abuse

make not enough to give bank,useless company, boss a crook lah make money for own pocket, team up with mistress open entertainment outlet in kl

Posted by limch > 2017-05-30 22:29 | Report Abuse

As a result of high sales Ivory managed to reduce bank borrowing from RM 235.7 million in Dec'16 qtr to RM 169 million in Mar'17 qtr; reduction of RM 66 million bank borrowing. Next qtr will see reduction in interest expense.