Highlights
KLSE: ECOFIRS (3557)       ECOFIRST CONSOLIDATED BHD Main : Properties
Last Price Today's Change   Day's Range   Trading Volume
0.28   -0.005 (1.75%)  0.275 - 0.28  302,600
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Overview

Market Cap: 225 Million
NOSH: 803 Million
Avg Volume (4 weeks):1,288,820
4 Weeks Range:0.27 - 0.315
4 Weeks Price Volatility (%):
22.22%
52 Weeks Range:0.25 - 0.325
52 Weeks Price Volatility (%):
40.00%
Average Price Target:-

Financial Highlight

Latest Quarter | Ann. Date 31-May-2017[#4]  |  28-Jul-2017
Next QR | Est. Ann. Date: 31-Aug-2017  |  26-Oct-2017
T4Q P/E | EY: 14.40  |  6.94%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.3174  |  0.88
T4Q NP Margin | ROE: 12.66%  |  6.13%

Market Buzz

Date Type Subject
22-Aug-2017 Forum 7 New Comments

Headlines

Date Subject
04-Aug-2017 Details you need to know about ECOFIRS before you buy it
31-Jul-2017 PublicInvest Research Headlines - 31 Jul 2017
31-Jul-2017 Mplus Market Pulse - 31 Jul 2017
08-Jun-2017 ECOFIRST - The Next Symlife
24-Jan-2017 Mplus Market Pulse - 24 Jan 2017
19-Dec-2016 EcoFirst's Little Hong Kong in KL
26-Oct-2016 PublicInvest Research Headlines - 26 Oct 2016

Business Background

Ecofirst Consolidated Bhd is engaged in investment holding and provision of management services. The Company operates in four segments: construction, property investment/management/development, network marketing, and investment and others. Its properties under the property division include the five-storey commercial and retail complex in Seri Kembangan, Selangor, known as South City Plaza, which houses established vocational and technical education providers. The second property is a five-storey commercial and retail complex in Segamat, Johor known as 1Segamat. In network marketing division other product offers a range from health to beauty care, personal to home care, bodywear to jewelry and water equipment to car care. Its commercial development project in Mukim of Hulu Kinta, Ipoh, Perak consists of two and three storey shopoffices and is known as Taipan @ Ipoh Cybercentre.
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  8 people like this.
 
darrenliew Regret that the source of the info on its sale of 1Segamat Mall was inaccurate as in fact “ TDSB has yet to fulfil certain of the conditions precedent of the SPA. “
This actually means the buyer can legally back out and cancel the SPA by deciding not to fulfil the conditions precedents as mentioned.
If this happens then it will be a significant set back for Ecofirs bcos the sale( if completed )can help to reduce its high gearing/borrowings of RM231M (as at 28/2/17) . The sale can also be an additional source of funding for its AmpangUkay project
09/07/2017 19:10
Chinchin7 acculate more now since havent shoot up
14/07/2017 01:16
darrenliew 4Q RESULTS AND PROFITS TO BE RELEASED BEFORE MONTH END WILL BE VERY GOOD
BASED ON THE COMPLETION OF ITS HIGH END IPOH PROJECT, THE GOOD SALES ACHIEVED FOR ITS 1ST PHASE AMPANG-UKAY PROJECT PLUS THE UPWARD REVISION OF LEASE RENTAL RATES FOR ITS SOUTH CITY MALL AT SRI KEBANGAN KL
20/07/2017 15:32
darrenliew THE COMPLETION OF ITS SALE OF 1SEGAMAT MALL FOR 104M CASH WILL BE BOOST ITS PROSPECTS
20/07/2017 15:39
3101575000 quarter result very good: excellence
28/07/2017 20:56
KKKS http://www.thestar.com.my/business/business-news/2017/07/28/ecofirsts-q4-earnings-soar-on-sales-from-ipoh-and-ulu-kelang-projects/
28/07/2017 22:41
Bullcoming Very Good result. This is the beginning of a NEW CHAPTER, Transformation of Ecofirst, believe Ecorfirst will definitely grow to be a BIG player in KL Property market.
29/07/2017 07:13
Ckk2266 In a press statement, the company said it had sold 90% of Liberty@Ampang Ukay, the first phase of Ampang Ukay, since its launch in March 2017.

This is a mixed residential and retail development with three residential blocks of fully-furnished 1,632 SoHo units and 32 retail units, said to be ideal for young professionals looking for their first property.

“We’re pleased that Ampang Ukay is progressing according to the scheduled plan. Our next immediate focus will be on Phase 2 Ampang Ukay expected launch to be earlier than anticipated,” said group chief executive officer Datuk Tiong Kwing Hee

“With a GDV (gross development value) of more than RM5bil, Ampang Ukay will be main driver for EcoFirst’s growth over the medium to long term.”

As the last large freehold land on the borders of Ulu Kelang, this 87-acre project represents the jewel in Ecofirst’s crown.
29/07/2017 07:47
Surge Today is abt 29cts, very low entry to this good property counter, especially sitting with 87-acres of freehold land near KL capital, the future appreciation itself will lift up the price of this counter to Rm1.???? Plus.

No jokke
29/07/2017 10:35
Surge Land itself may worth more than Rm1 per share
29/07/2017 10:37
Bullcoming Right timing
30/07/2017 16:49
KKKS The Right Results we are all waiting for.........
31/07/2017 00:33
WaTakTau Anythings can it climb to new high so soon? i though this share is slow n steady....lol
31/07/2017 10:55
CharXiuBao I really got no idea why people sell it now, just sell before quarter result out if expects quarter result lousy.
Yet, quarter result nice still want to press the price to collect at low price, badass operator
31/07/2017 15:17
shamopi MANA ADA
31/07/2017 22:57
Hunter Ya my remisier ask me to hold this counter said got internal news or something said very fast got news LOL
01/08/2017 11:05
Hunter Those who sells me at 0.295 thanks hehe
02/08/2017 15:30
paktua88 old man manage to buy some at 0.295
old man always love red one tut tut
02/08/2017 15:53
CharXiuBao @stockalliance
1.) EcoFirst Consolidated Bhd (EcoFirst), which is partnering IGB Corp Bhd (IGB) to develop a high-end condominium project in Jalan Batai, Damansara Heights GDV of RM400mil, hopes to launch the four-acre project in the third quarter of this year (3Q2017).

2.) The retail mall in Segamat will contribute to the Group's performance in the financial year ending 31 May 2017 (FY 2017) until the disposal is completed which is expected to be in first quater of financial year ending 31 May 2018 (FY 2018).

3.)Technical Analysis:

ECOFIRST has broken long resistance @ 0.305 and striving to unchartered area with big volume. RSI has crossed 50 indicates bull signal. ECOFIRST will strive to next TP at 0.35.

4.)FUNDAMENTAL ANALYSIS
We concluded from above findings, ECOFIRST is no different with SYMLIFE. You can try to google where is Ampang Ukay and distance between it with KLCC. It is in the centre of Klang Valley. We are very certain the value will soon resurface VERY SOON especially next quarter result out.. Mark our words. With big project valued at RM5bil, upcomin collaboration with IGB of RM400mil and consistent result performance, with market capitalisation of only RM240mil. This is 90% discounted. Think about it. ECOFIRST would at least valued at RM0.70 - 0.80.

5.)KLCC Petronas Twin Towers commercial/shopping/entertainment Tourist Belt) will generate RM5 Billions GDV over the next 10 years.
1st Phase with 3 Towers (GDV RM606M) had achieved sales of 90% since launched in March 2017.
POSITIVE INDICATIONS FOR LONG TERM HOLDING
1. The revenue recognised from completion of Upper East (GDV of RM302mil) will be recognised in next quarter until 31 May 2018 (Based on its annual report). Imagine.... Minimum of 10-20% of progress revenue recognised could easily reach RM30-60mil.
2. The revenue recognised from good take up rate from three towers @ Ampang Ukay (GDV of RM606mil) and completion of earthwork and piling works will be until 2018 (Based on its quarter report). Again... Minimum of 10-20% of progress revenue recognised could easily reach RM60-120mil.
PLUS :- Sale of 1Segamat Mall for RM104M cash (net capital gain RM2.4M)
Its South City Plaza, Sri Kembangan, is generating higher recurring rental incomes increasing to RM16M pa (from RM12M).

I DON'T KNOW WHY PEOPLE PRESSING THE PRICE

But what I know is its annual report released at a bad day because that day banks' stock price drop a lot due to the negative movement of US. It makes the market sentiment becomes negative.
03/08/2017 11:03
CharXiuBao Hey paktua welcome for joining us!
03/08/2017 11:05
CharXiuBao Capable management + High shareholders commitment by buying the stocks + Break resistant and strong support

0.295 is a good price to entry, just hold 1 month and see.
03/08/2017 11:08
paktua88 someone purposely push price down tut tut
old man top in 50k buy in again soon
03/08/2017 11:50
paktua88 old man new account new life tut tut
03/08/2017 11:51
Hunter Good Fundamental Analysis and Technical Analysis. Yet, why no one buy hmmmm and the volume so strange. Something brewing?
03/08/2017 14:35
shamopi Hunter, actually if you check the historical pricing.. Based on last year PER, its about the same even though the current result has been announced. But I guess the public has yet to forsee the future of Ampang Ukay
03/08/2017 14:55
Hunter While the Ampang Ukay has the 90% taking rate for Tower B and C and in the coming month there is launching of Phase 2....
And I think the price now is oversold which the sign shown in RSI and CCI and even its MA.
03/08/2017 16:27
CharXiuBao Yes hunter you may hold this counter and see. Me and my team believe this will raise in the future and we will buy in slowly.
04/08/2017 11:43
CharXiuBao Hey guys check out my view toward ECOFIRS

https://klse.i3investor.com/blogs/CharXiuBao/
04/08/2017 18:19
3101575000 invest in this stock must have patience!
04/08/2017 20:52
winnerz Guys. The project name oredi told u, it's Ampang 'OKAY' only la. Hahahaha....
04/08/2017 22:07
WaTakTau Anythings wonder is the boss dunwan the shares price move up
or someone purposely suppress the price to collect more?
07/08/2017 10:47
CharXiuBao Just believe me and hold it, will have movement shortly
07/08/2017 11:08
CharXiuBao got people keep buying at 0.285 but left few lots there and waiting people to reload and selling at 0.285.
Obviously accumulating the stock
07/08/2017 12:19
WaTakTau Anythings somethings i dont understand why at the pre-closing, when there are alot of seller 0.285
but someone insist want to eat all with price of 0.29 to close with 0.29
dont they feel wasting money?
07/08/2017 16:57
CharXiuBao 0.285 sold out, that one is buyer queue
07/08/2017 19:49
shamopi Another interesting move, selling down to 0.28 mid morning and buying back to 0.29.
08/08/2017 16:06
WaTakTau Anythings yea, sumore sapu all 0.285 at closing
08/08/2017 17:58
winnerz It seems there's a good support at this price level. A comfortable zone for a penny stock. :)
12/08/2017 21:33
darrenliew UNDERVALUED COUNTER WITH SOUND FUNDAMENTALS. ON A RAPID GROWTH UPTREND. ITS MAIN CATALYST IS ITS AMPANG UKAY RM5B PROJECT. ITS 1ST PHASE WAS SOLD OUT. PRIME LOCATION ONLY 7 KM FROM ICONIC PETRONAS TWIN TOWERS. A SORT 10 MINUTES DRIVE. ROBUST GROWTH IN ITS QUATERLY RESULTS AND PROFITS.
NEXT CATALYSTS INCLUDE ITS COMPLETION OF ITS SALE OF 1SEGAMANT MALL FOR RM104M CASH TO A LISTED REITS COMPANY. EXTRAORDINARY GAIN TO BE RECOGNISED IN ITS COMING QUARTERLY PROFITS. ALSO THE UPCOMING LAUNCH OF ITS J/V RM400M HIGH END PROJECT IN BUKIT DAMANSARA WITH IGB.
17/08/2017 09:19
darrenliew LAST 4Q PROFIT AT RM7.8M WAS A BIG JUMP UP FROM ITS LAST YEARS CORRESPONDING RM0.6M. ITS COMING 1Q WILL SEE HIGHER EARNING GROWTH. AT A REASONABLE P.E. OF 15x (FYE 31/5/17 EPS OF 2.22 SEN) ITS FAIR VALUE PRICE SHOULD BE 33 SEN (AGAINST ITS PRESENT PRICE OF 28.5 SEN)
17/08/2017 09:39
darrenliew GETTING WORRIED OVER SHARP FALLS IN OVERSEAS MARKETS DUE TO BEING TOPPISH AT ALL TIME HIGHS PLUS INCREASING POLITICAL/MILITARY/ECONOMIC HEADWINDS.
DOW NOW DOWN 150 POINTS
18/08/2017 01:02
darrenliew DOW NOW DOWN FURTHER BY 180 POINTS
18/08/2017 01:08
novice88 Darrenliew.. it a good time to enter
19/08/2017 08:16
3101575000 What happen? Keep falling!!!
22/08/2017 10:41
WaTakTau Anythings quarter report profit, share price didnt up and keep dropping
unlike krono keep shooting up
22/08/2017 11:57
mathiesensop A remiser told me fund want to push it down to 0.23.....
22/08/2017 14:47
CharXiuBao mathiesensop

New id come spread news???
22/08/2017 19:30
kevinchong My reminder told me today fund buy in 3600biji at 0.280 want to push 0.350
22/08/2017 21:04
Bullcoming Some transformation is coming?
22/08/2017 23:01
kevinchong Tomorrow touch 0.290
22/08/2017 23:42


 

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