if limit down, I will be there to collect. Thank you for your cheap shares tmr in advance.

roger3210 why not short sell if you confident and make some money from it? the PP priced at 0.83 you think new shareholder would appreciate if price fall too low from their price

@bursalalord brain got problem. 1 day can say people idiot because they dont buy ekovest. one day tell people LKH useless, go look other stocks. seriously got bipolar issue

bursalord, when is the announcement going to be made according to your source?

bursalord forever with his insider news. haha. have to take it with a pinch of salt.

@roger3210 Any projects worth so much, such as BM at RM140bndont get signed in 2-3 months after announcement. It can take up to1 year before any contract and funds can be drawn up. -

AGM can ask all the questions u want.

yummy cheap ekovest shares. sell to me more.

Can someone share the link from CREC website stating they have won the project

In the end, BM have to continue by year end if not construction industry will slowly die and govt dont want that to happen. The deal wont be called off, but continue negotiation. I believe this is the last road block.

can anyone who already bought the premium, just copy and paste the words here. PLEASE AND THANKS IN ADVANCE.

the stupid star article can't even log in to subscribe to premium account. -.-

The only thing written there is the issue with bond. Is there any longer version than that ?

You all think the problem lies at IWH CREC Ekovest. But, forgot MOF also need come out with 40% of the fund.

Just wait la. Govt issuing 2nd samurai bond to raise cash to kickstart the project. They need time. But rest assure project is coming for IWH CREC.

agree with @hello. can't help those who simply comment without putting much though into it.

Bursalord please stop posting things like news out, when no news is out. That's very unethical of you.

like i said. Even if they received, they are not announcing yet, they are waiting for rights issue to be announced together. Just patiently wait

clearly, you don't know how to count. RM500mil + RM741mil = 1.24bil. Anyways, even if it's paid or not, how would you know? Does they govt or the consortium need to announce payment is made?

Just have to wait year end before anything happens. Any questions go AGM ask LKH.

Your source say stalled, but govt say to proceed in Budget ? Is ur source even reliable ?

It will be IWH CREC who is the master developer for the project. There won’t be any change.

If there was any change in developer, don’t you think for 6 months of quiet period, no newspaper will report it?
Previously when BM was cancelled, even Wanda Group or Malton Group think of taking it, all the newspaper reported it.
Such a big project, any changes the govt or newspaper will make its a big news.

So, Ekovest is the only viable candidate change because of ChinaPress news.

Proceeds from the project will be valued and announced in due course, and will be utilised to reduce the debt of 1MDB (1Malaysia Development Bhd)," Guan Eng told Parliament during his Budget 2020 speech today.

Taken from the Edge. If it’s deposit, then why do they need to value it ? It is because it’s the sale from the development of BM that he is talking about. Please stop with ur BS

Will76 either u are damn stupid or u don’t know to read English

But i do acknowledge that it looks promising for Ekovest in their involvement in BM

we just can wait for the circular to know the details. And the voting by shareholders only by next month. Time will tell.

Yes, it will move only after waiver announcement. Together with rights issue.

@MoneyWoman If they want to alter, they will need the shareholders' approval. And EPF is 3rd major shareholder in Ekovest. Do you think they as a financial institution is so stupid to accept anything that will be detrimental to their investment? Of course not. Please stop scaring others for no reason, use your brain to think.

Haha. Like I said. All this is just one man’s opinion. Until the official news come out, the share price not going to make any major movement.

All this in the end one man opinion, until the official news out. You won’t see the price move up

No one? I guess WZ still havent expanded out yet, although management have mentioned their intention to do so by this year, sad

Bursalord, no matter how many times you post this old article doesn't make it a reality. You look at the share price movement, that market still doesn't believe the fact that Ekovest will be involved. For now, what is certain is BM to proceed and IWH CREC is the master developer. All else is speculation, including your old ChinaPress article.

all i can say is that Ekovest wont move much, until their name is mentioned officially as part of the project.

Clearly only some believe Eko involved in BM, so pathetic volume

The China Daily is today newspaper or old news? Any can comment ?

How do you know he is in Beijing?

Scomi wont go up a lot till the waiver is annouced, which I think they will announce together with the rights issue

i don't think it will be announce during budget.

Market pretty bad shape now. Hopefully they don't delay the rights issue too long. Any indication by when the rights issue will be issued?

oh thanks for clarifying. My guess is that they won't wont to release the waiver news yet, but is waiting to sort out the rights issue date first. They wouldn't want the company price to move up too much if not their right issue need to be re-priced at higher price, which all shareholders need to fork out more money.

so, are you telling me there's potential that Scomi will bankrupt because rights issue failed?

haha @bursalord888 say there's lot of nonsense here. but before this the biggest nonsense talker was yourself. -.-

Does anyone have any link to any e-commerce site to show WZ entrance in Indonesia and Vietnam?

what good news? been a month since they sent to Bursa waiver. My guess is they have the waiver but not announcing it.

if it drops to 0.70, better discount for us to accumulate.

But reading their quarterly reports, their result from associate/JV are negative. meaning these JVs are not yet making money for Scomi.

thanks for sharing this info. Will definitely keep the look out for news in these companies.

yes. so, my point is the additional value for Scomi will only come from the future projects that hopefully will come to Scomi. At this point, it's just a good price to enter for long term.

Market is weighing down on WZ. The price keep going lower

So, the true value from Scomi that investors will be getting are from other Scomi projects which comes at cost of zero. But, this is based on the assumption that these projects are NPV positive.

Or scomies share price keep rising, then Scomi stake in scomies will surpass their debt amount.