Im hearing a ticking noise from the engine when ever a start the bike and it idles. Sometimes when im riding, i think i may be hearing it also. Are those 100% my valves not being adjusted properly? or can it be something else?

That's a really common thing to hear.  It's harmless.  If you want to know more about it there're lots of previous posts about engine clicking, just do a search.  

You mentioned "ticking" rather than "clunking", and that you may be be hearing it while you're moving down the road.  That makes it more likely to be your valves than the "camshaft endplay" noise -- which only occurs at idle as far as I know.

Some valve noise is normal, but you might start thinking about having the clearances checked.  How many miles does the bike have on it?  The recommended service interval is 4,000 miles.  If you have many more miles than that, and they've never been checked, it would be a good idea.

With the following tools you can CHECK the clearances yourself:

* 10mm socket
* 12mm socket
* 6mm Allen wrench
* Flathead screwdriver
* Pliers
* Feeler blades that range from .03mm to .08mm in thickness[/list:u]
If one or more valves are out-of-spec, you can swap the offending shim(s) OUT and the appropriate shims IN with the following:
* A Motion Pro valve adjustment tool (for Suzuki) -- or equivalent -- OR a willingness to loosen/remove the affected camshaft
* A knifeblade or tiny screwdriver
* A magnetic pickup (optional)
* A micrometer or dial calipers to measure the thickness of the current shim
* The

Shim Selection Chart from the Haynes manual.[/list:u]
This should give you some idea of whether you want to tackle the job yourself or have someone else tackle it for you.

If you decide to take it on, we'll be here to help!

It's a bomb!  run!!!

Valve clearance problems will cause a continuous clatter. Listen to the top of your engine using a screw-driver as stethescope. That purring noise is valve talk.

The ticking is too slow to be valves and is common to just about all motorcycles. It is harmless and comes from (I beleive) the drive pinion for your tachometer. The tachometer is driven by the exhaust cam shaft through a helical geared pinion. Helical gears are notorious for thrusting which causes the ticking sound.  :dunno: (I think)

There's my $.02 and it may be  

Thanks a lot people.

My bike has 19260 kms, i bought it at 17200. I neglected to ask the owner when was the last time the valves were checked.

I did check the vavles myself, but they seemed to be within tolerances. Maybe i screwed up. JEEEEEEEEEEEEEEEEZ :x

Could this be because you need more oil?   :dunno:   I'm no expert, but you might check the oil level.