Highlights
KLSE: EKOVEST (8877)       EKOVEST BHD MAIN : Construction
Last Price Today's Change   Day's Range   Trading Volume
0.355   +0.005 (1.43%)  0.35 - 0.355  2,581,700
Analyze this stock with MQ Trader system

Overview

Market Cap: 1,053 Million
NOSH: 2,965 Million
Avg Volume (4 weeks):15,626,675
4 Weeks Range:0.335 - 0.41
4 Weeks Price Volatility (%):
26.67%
52 Weeks Range:0.32 - 0.62
52 Weeks Price Volatility (%):
11.67%
Average Price Target: 1.16
Price Target Upside/Downside: +0.805
Stamp duty exempted for year 2024

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2024 [#4]  |  30-Aug-2024
Next QR | Est. Ann. Date: 30-Sep-2024  |  30-Nov-2024
T4Q P/E | EY: -8.56  |  -11.68%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.77  |  0.46
T4Q NP Margin | ROE: -10.32%  |  -5.38%

Headlines

Date Subject
08-Nov-2024 Mplus Market Pulse - 08 Nov 2024
08-Nov-2024 Ekovest’s Lim Weighing Sale of Toll-road Assets for RM5b — Bloomberg
08-Nov-2024 Daily Newswatch - 8 Nov 2024
08-Nov-2024 Technical Buy - EKOVEST (8877)
07-Nov-2024 Ekovest’s Lim weighing sale of toll-road assets for RM5b — Bloomberg
15-Oct-2024 Daily Brief - 15 Oct 2024
15-Oct-2024 Daily Market Commentary - 15 Oct 2024
14-Oct-2024 Actionable Technical Highlights - EKOVEST BHD (EKOVEST)
13-Sep-2024 Selection Still Open for KL-Singapore High-speed Rail Technology Provider — MyHSR CEO
03-Sep-2024 Daily Market Commentary - 3 Sept 2024
03-Sep-2024 Daily Brief - 3 Sept 2024
12-Aug-2024 PublicInvest Research Headlines - 12 Aug 2024
12-Aug-2024 Mplus Market Pulse - 12 Aug 2024
02-Aug-2024 Daily Market Commentary - 2 Aug 2024
02-Aug-2024 Daily Brief - 2 Aug 2024
30-Jul-2024 MQ Market Updates - 30 July 2024
30-Jul-2024 Daily Market Commentary - 30 Jul 2024
30-Jul-2024 Ekovest Disposes of More Land in KL in Related Party Transaction
30-Jul-2024 PublicInvest Research Headlines - 30 Jul 2024
29-Jul-2024 PublicInvest Research Headlines - 29 Jul 2024

Business Background

Ekovest Bhd is a Malaysia-based company principally engaged in investment holding and civil engineering and building works. The group's operating segments are business units engaging in providing different products and services including Construction operations, Property development, Investment holding and Toll operations. The operations of the group are entirely carried out in Malaysia with the majority of the revenue generated from Construction operations.
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  34 people like this.
 
Johnchew123 Situpid guy theyoungman kena stuck 53 sen ,n average down 48 sen ,45 sen ,43 sen 40 sen , bodddoh punya org , this parria stock plunge below 40 sen since early August till today ,almost 4 month, didn’t stay above 40 sen ,never stay before 1 day about 40 sen, situpid guy theyoungman kema stuck since early Feb 2024
08/11/2024 2:39 PM
theyoungman Accumulate on weakness. Do not speculate, punt, and contra. Cheers. Buying.
08/11/2024 4:07 PM
theyoungman The grapes are sour. Can't eat the grapes and saying grapes are sour. Bullet kosong liao ah? 😁 BUY
08/11/2024 4:40 PM
Lewis Lee https://www.klsescreener.com/v2/news/view/1422139
According to Nanyang news , the sale of toll business is a fake news , confirmed by conmen !!! 😓
Like that also can ??
09/11/2024 1:37 PM
Lewis Lee The only real news is :- this is a fart king conmen s counter !! 😭
09/11/2024 1:38 PM
Lewis Lee Next week limit down liao !!
09/11/2024 1:40 PM
EVO118 So back to 0.36 on monday before doing it's usual dance of 0.36 - 0.385. Big TRAP
09/11/2024 1:51 PM
EVO118 Sources: Ekovest’s Lim Kang Hoo mulls Duke concessionaire stake sale in potential billion-ringgit deal.
https://www.malaymail.com/news/money/2024/11/07/sources-ekovests-lim-kang-hoo-mulls-duke-concessionaire-stake-sale-in-potential-billion-ringgit-deal/156123.
Dated 7/11/2024, no comment!
10/11/2024 6:41 AM
Johnchew123 Wa sudah cakap early ini fake news , first day up 2 sen , second plunge 1.5 sen
Wa bagi u org tau
Only QR NoV will determine it direction

1 ) Net loss , this parria stock will trade below 40 sen until 31 Dec 2024

2 ) net profit , will trade 40 sen - 50 sen for month Dec,

This paria want move further up ,
First criteria need break up 40 up n stay above 40 sen at least 3 day,
If wa are u , wa will wait until break up 40 sen only go in , no need wasting time follow this situpid guy buy on deep , kena stuck 53 sen already 10 month since Feb 2024

10/11/2024 12:48 PM
soon9913 Q 0.35 next week
10/11/2024 2:19 PM
fl888 Qtr Nov made to show profit …
11/11/2024 9:15 AM
RamsyNa Either the report is green or the investors' faces are green 😁
11/11/2024 10:38 AM
Lewis Lee Judging by the share price( as qr will be released end of the month) I can guarantee you the coming report is gong to to be big loss again !!
11/11/2024 2:01 PM
Lewis Lee If QR good, the share price won’t stay like that and you will see insiders sapu-ing non stop !!! Fart liao this conman s counter ! All retailers trapped with this sinking pirate ship Liao 🚢
11/11/2024 2:03 PM
soon9913 this counter is required good news to move, good result not really can move a lots also
11/11/2024 3:12 PM
soon9913 most important is they can approve the restructuring plan fast and list the highway soon. sure the price will be limit up!!
11/11/2024 3:13 PM
fl888 Qtr Sept should be good as last QtrJune did not incorporates a sales contract which will be reflected in this Qtr Sept to be announced within Nov….
12/11/2024 8:40 AM
soon9913 how can be good due to heavy interest expenses unless from gain on disposal of lands lo.
12/11/2024 11:18 AM
tikcus Christmas coming soon, we will see Mr Lim laughing Hoo Hoo Hoo...
13/11/2024 11:22 AM
EVO118 Santa is not BALD.
13/11/2024 1:25 PM
EVO118 Just can't seem to shake off the 0.365. Keeps coming back to this level.
13/11/2024 6:30 PM
fl888 If Ekovest a Company with strong link to the King and Johor cannot perform, the whole KLSE can be considered as nonperforming and sidelined by foreigners for quite some times unless PMX can do something..
14/11/2024 9:19 AM
Johnchew123 2 more week will know it direction , net profit will trade month Dec 40 sen - 50 sen ,first criteria need stay above 40 sen and tahan at least 3 day ,no drop below 40 sen , only can see 50 sen else follow this public invest analysis 43 sen all is bullshits , and also follow this situpid guy theyoungman buy on deep wasting time ,this situpid average down buy 53 sen , 50 sen , 48 sen , 45 sen ,since Feb 2024 ,stuck 10 month, situpid punya org
Trade smart way , no need wasting time ,
The best choice to go in is break out n stay above 40 sen at least 3 day
14/11/2024 9:49 AM
EVO118 Useless crap. Will never get there, not as strong a link to the King. V Tan's link is alot stronger & is also a partner in other link counters.
14/11/2024 3:06 PM
fl888 Looks like Botak has run out of ideas for Ekovest….
16/11/2024 10:45 PM
SLLEE5732 Engine warming up.......
19/11/2024 3:10 PM
sailang_now Afternoon guys!...tut tut
19/11/2024 3:37 PM
theyoungman Slowly but surely. Be patient.
19/11/2024 5:55 PM
EVO118 One month later and you are all still waiting for the engine to warm up. It has gone worst, give up. IT'S COOKED.
20/11/2024 3:05 PM
Nickhew so quiet here, lolx
21/11/2024 9:21 AM
ExecutionTrade No rush. Wait for the QR to come out first
21/11/2024 12:37 PM
Lewis Lee yes ! wait for the QR with big loss and limit down and sinking further down with this fart king pirate ships !! Hahaha
21/11/2024 3:16 PM
RamsyNa q1 results will have surprises. Good or bad, you sendiri bet 😆
21/11/2024 3:57 PM
soon9913 price will be back to 0.33 soon lo.
21/11/2024 5:11 PM
Nickhew Below 0.3 soon, I queue GTD 0.3 already, please throw
21/11/2024 5:38 PM
IdleMoney66 Liquidity is adequate based on the company’s cash balance (RM73.8 million as at end-December 2023) and expected cash flow from operations (CFO) generation of around RM355 million in calendar year 2024. MARC Ratings believes Kesturi has sufficient liquidity to cover the sukuk’s upcoming profit payment of RM88.7 million and principal repayment of RM160.0 million on December 2, 2024. The rating agency views that the concessionaire also has reasonable financial flexibility; the long concession life provides a 26-year tail after sukuk maturity (excluding the option to extend by another 10 years), which could facilitate refinancing, if required.
21/11/2024 9:35 PM
IdleMoney66 Ekovest need to service the sukuk payment amount of 250mil.

Do you guys think will it be default? haha. my opinion is yes
21/11/2024 9:36 PM
Johnchew123 https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E6%9F%94%E6%96%B0%E7%BB%8F%E6%B5%8E%E7%89%B9%E5%8C%BA%E5%90%AF%E5%8A%A8%E5%9C%A8%E5%8D%B3-%E6%96%B0%E5%8A%A0%E5%9D%A1%E9%A9%AC%E9%93%B6%E8%A1%8C%E8%B4%B7%E6%AC%BE%E7%9C%8B%E6%B6%A820

Let see what market react after JS-SEZ officially sign on 9 Dec 2024 , goreng up or diam diam

QR net loss = will trade 33 sen to 40 sen until JS-SEZ sign
QR net profit = will trade 40 sen to 50 sen for month DEC
If market response good JS-SEZ , will trade 50 sen above
22/11/2024 8:51 AM
laulau Good analysis! While we wait for more news from LHK? Let's make some pocket money at CTOS? Next show coming soon!
22/11/2024 10:53 AM
EVO118 Don't think Ekovest is going to be even a small player in this JS-SEZ.
22/11/2024 11:34 AM
Nickhew don't put much hope on coming qr, definitely will boom, do you think gross profit able to cover such huge finance cost around 110m?
22/11/2024 12:35 PM
Chellons Man so sad wey this counter
22/11/2024 3:11 PM
UncleFollower Actually this one is very low historically...if you had the vision to chase Gamuda up, I think there's no harm rotating some profits into this one, lock it up and go for christmas holiday hehe
22/11/2024 5:13 PM
theyoungman UncleFollower knows it.
22/11/2024 10:46 PM
laulau Morning Friends & Gentlemen!
Why Run? When you can Fly?

In Summary:

IWCity is only a Paragraph 8.03A affected listed issuer. The property developer stressed that it is not a Practice Note 17 (PN17) company.

Paragraph 8.03A refers to a listed corporation whose assets on a consolidated basis consist of 70% or more of Cash or Short-term Investments, or a combination of both.

Ekovest as a White Knight for IWCity, will benefit from the proposed merger, to access to IWCity's 70% or more cash or short-term investments & 1000 acres landbank in Johor to benefit from JSEZ Theme Play once JSEZ Agreement signed on 9/12?
25/11/2024 9:16 AM
turbochart After 8.03A, next is PN17
25/11/2024 2:03 PM
Lewis Lee this is a hopeless conmen's counter !! 😫
25/11/2024 3:06 PM
theyoungman Accumulate on dip.
25/11/2024 6:51 PM
SLLEE5732 Lau Lau
How much ( TP) you expect from ekovest?
25/11/2024 8:14 PM
Noni Tan Sri says 4bil, we go in
25/11/2024 10:29 PM


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