Highlights
KLSE: ECOFIRS (3557)       ECOFIRST CONSOLIDATED BHD MAIN : Properties
Last Price Today's Change   Day's Range   Trading Volume
0.30   -0.005 (1.64%)  0.30 - 0.305  453,500
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Overview

Market Cap: 241 Million
NOSH: 803 Million
Avg Volume (4 weeks):359,221
4 Weeks Range:0.30 - 0.315
4 Weeks Price Volatility (%):
0.00%
52 Weeks Range:0.25 - 0.325
52 Weeks Price Volatility (%):
66.67%
Average Price Target:-

Financial Highlight

Latest Quarter | Ann. Date 31-Aug-2017[#1]  |  30-Oct-2017
Next QR | Est. Ann. Date: 30-Nov-2017  |  23-Jan-2018
T4Q P/E | EY: 13.47  |  7.42%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.3225  |  0.93
T4Q NP Margin | ROE: 11.92%  |  6.91%

Headlines

Date Subject
31-Oct-2017 Mplus Market Pulse - 31 Oct 2017
20-Sep-2017 Mplus Market Pulse - 20 Sept 2017
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

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.
Analyze this stock with MQ Trader system

  8 people like this.
 
Kai Loon Char xiu bao, im new to this counter, this counter seems good but I'm trapped here, poor me
27/08/2017 14:59
CharXiuBao Just wait and see
28/08/2017 16:38
Bullcoming Penny stock in the high light..........
12/09/2017 13:09
pang651 Any idea when will shoot up?
17/09/2017 10:47
Kai Loon Why this stock so quiet...... unlike the other counter so huat ahhh so highhh ahhh.....
18/09/2017 22:27
QQ12 got legal case claim from IRB.... I think price will drop soon...
19/09/2017 16:40
Ywchew8255 Tax again
19/09/2017 17:19
WaTakTau Anythings so many sellers at 0.285 to throw down?
while the buyer all withdraw d..
this counter finished d?
20/09/2017 08:56
Kai Loon 小題大作
20/09/2017 09:30
WaTakTau Anythings doubt they purposely get the litigation issue to sell down and collect at lower price?
20/09/2017 09:48
klserunner collecting lower price ,i believe it will be fine and over this shit soon
20/09/2017 10:02
Kai Loon KUALA LUMPUR (Sept 19): EcoFirst Consolidated Bhd said it has been sued by the Inland Revenue Board, on behalf of the government, over some RM35.47 million in additional tax and penalty the latter is claiming for.

In a statement to Bursa Malaysia today, EcoFirst said IRB had raised additional income tax assessment amounting to RM30.71 million to its wholly owned unit Pujian Development Sdn Bhd (PDSB) for the assessment year 2004.

PDSB disagreed on the basis of the assessment and appealed to the IRB, who forwarded the appeal form to the Special Commissioners of Income Tax (SCIT), which then instructed both parties to attend a hearing on July 23 and 24, 2019.

"PDSB has not paid the additional assessment pending the outcome from the SCIT and hence a tax penalty of 10% amounting to RM3.07 million was imposed on the outstanding additional assessment," EcoFirst said.

It said the additional assessment and tax penalty remained outstanding after 60 days from the payment deadline. As such, it said a tax penalty of 5% amounting to RM1.69 million was imposed.

Hence, in IRB's writ of summon and statement of claim against PDSB, IRB is claiming for RM35.47 million, an interest of 5% per annum on the sum from the date of judgment until the date of realisation, costs, and whatever other reliefs the court deems fit.

"Upon consulting its solicitors, PDSB is of the view that there are reasonable grounds to challenge the claims. In this regard, at this juncture, the company is not able to ascertain the financial impact arising from the claims.

"The claims, however, are not expected to have any material operational impact on the EcoFirst Group," said EcoFirst.

It added that the court has fixed the suit for case management on Oct 5, 2017 and that the company is currently seeking the advice of its solicitors to handle the matter. "Any further material development of the above matter will be announced in due course."

At 16.02pm, shares in EcoFirst were down one sen or 3.39% to 28.5 sen for a market capitalisation of RM228.9 million.
20/09/2017 10:44
Kai Loon Guess it would be the tough time for ecofirs to go theough...
20/09/2017 10:45
Kai Loon Wa tak tau: walao like that also let you think dao, bravo
20/09/2017 11:05
klserunner agreed with Kai Loon its tough time , if for long term this case maybe is good to hold lower prices. Business still there and keep going. I am waiting haha.
20/09/2017 19:55
Kai Loon recover fast
25/09/2017 18:42
CharXiuBao just see how is the director sapu stocks, we can already know this company's future performace
26/09/2017 14:19
Chinchin7 MD very confident on their future
27/09/2017 19:48
Kai Loon What is the acceptable PE ratio for property sector?
27/09/2017 23:36
TakeProfits Lai liao har har. By at arhhhh
28/09/2017 00:27
TakeProfits Huat arhhhhhh
28/09/2017 00:27
CharXiuBao Ecoworld has a P/E of 19.83 but this counter only has P/E of 15.17

Yet you cannot merely compare P/E as Ecofirs is just started to earn profit and incur quite a lot of costs in the past few quarters. Especially it will receive money for the next few quarters from its Sales of condominium in Damansara, Disposal of mall in Segamat, Rental income, Revenue from Upper East and ultimately, the highest earning from Liberty Projects.

If you consider all the other factors I may have a P/E of less than 10 now. Perhaps 8 or 9.
28/09/2017 15:01
WaTakTau Anythings the buyer and seller queue always so weird during pre-closing
28/09/2017 16:46
klserunner eco eco stay attn after .30
03/10/2017 02:43
WaTakTau Anythings wow, just now saw there is 1stack 500k shares q sell at 0.31, worry looo X_X
03/10/2017 09:16
Andersonlim Soon will cross over 0.30
03/10/2017 13:28
WaTakTau Anythings lol.........................
03/10/2017 16:53
KKKS 05-Oct-2017 Insider DATO TEOH SENG KIAN (a substantial shareholder) acquired 140,000 shares on 04-Oct-2017.
05-Oct-2017 Insider DATO TEOH SENG KIAN (a company director) acquired 140,000 shares at 0.299 on 04-Oct-2017.
04-Oct-2017 Insider DATO TEOH SENG KIAN (a substantial shareholder) acquired 348,000 shares on 03-Oct-2017.
04-Oct-2017 Insider DATO TEOH SENG KIAN (a company director) acquired 348,000 shares at 0.296 on 03-Oct-2017.
05/10/2017 22:59
KKKS Any idea why he is acquiring alot??
05/10/2017 22:59
Andersonlim Company founder?? From the 1st day drop, he just keep on buy
06/10/2017 00:25
Kai Loon GOing to fly soon if some one clear the roadblock
12/10/2017 16:10
mancingbursa Super bullish? Perhaps
13/10/2017 08:53
KKKS Someone and somebody is always buying at 0.31 ??
18/10/2017 19:48
3101575000 Quarter result should be good??!
20/10/2017 12:27
3101575000 AGM 27-10-17 2pm
26/10/2017 11:24
3101575000 2.30pm tomorrow
26/10/2017 11:27
darrenliew 4Q PROFITS AT RM7.8M WAS VERY GOOD (AGST PRECEDING CORRESPONDING Q OF ONLY RM0.57M).
POSITIVE PROFIT GROWTH MOMEMTUM MEANS THE 1Q PROFIT TO BE ANNOUNCED SOON WILL BE GOOD.
27/10/2017 10:16
3101575000 Hope for the best!
27/10/2017 10:28
TakeProfits Share price no go up after quarterly results released. Sold my holdings out..
28/10/2017 13:05
3101575000 Till now, qr result still not out yet!
30/10/2017 17:48
3101575000 qr result released!!
30/10/2017 20:32
adinaphotographs tomorrow will be meletup ma
30/10/2017 21:28
KKKS implode or explode?
30/10/2017 23:26
pang651 price maintain ......
31/10/2017 09:46
WaTakTau Anythings this is so disappointing...........
31/10/2017 16:16
KKKS Today overall market not so good... So wait for it .
31/10/2017 20:28
darrenliew UNCERTAINTIES IN ITS PROSPECTS/OUTLOOK
=======================================
1) 1Q PROFIT OF RM3.6M WAS 54% LOWER COMPARED TO ITS PRECEDING Q (4Q )
2) EcoFirst Consolidated Bhd has been charged by the Inland Revenue Board of some RM35.5 mln in additional tax and penalty. The latter had raised additional income tax assessment amounting to RM30.7 mln for its unit Pujian Development Sdn Bhd (PDSB) for assessment year 2004.
The amount involved is large
01/11/2017 10:09
Kwok Yuen darrenliew 4Q PROFITS AT RM7.8M WAS VERY GOOD (AGST PRECEDING CORRESPONDING Q OF ONLY RM0.57M).
POSITIVE PROFIT GROWTH MOMEMTUM MEANS THE 1Q PROFIT TO BE ANNOUNCED SOON WILL BE GOOD.
27/10/2017 10:16

Few days ago darrenliew is a supporter but now he accuses ecofirs this and that.
Fxck You La darrenliew
What is your intention everyone knows
01/11/2017 21:11
winnerz MERCURY has shot up so much, y not ECOFIRST!
16/11/2017 23:27
Kai Loon Can't break 0.315 why
19/11/2017 00:36


 

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