EPICON BERHAD

KLSE (MYR): EPICON (4847)

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Last Price

0.43

Today's Change

0.00 (0.00%)

Day's Change

0.42 - 0.44

Trading Volume

8,302,300


8 people like this.

5,575 comment(s). Last comment by Gentingbig 10 hours ago

goodgain

169 posts

Posted by goodgain > 1 month ago | Report Abuse

Jack2, very low profit margin???

Posted by thisistheway > 1 month ago | Report Abuse

For a main contractor, is already good if their margin is close to 10% of revenue...thats normal and ideal range...furthermore most of the contracts are recent so like any development will take 2-4 yrs to complete depending on the scale of the works...

Gentingbig

102 posts

Posted by Gentingbig > 1 month ago | Report Abuse

with the order book of 930 million and forecasted revenue of 10 percent , its a sure win for bursa to declare epicon cancer free and can check out of the hospital (pn17 uplift) i have been buying epicon since this counter (ktb) in coma at the ICU room. after months of living in the normal ward and awaiting doctor to declare epicon as a cancer free counter then we will be laughing all the way to our bank

goodgain

169 posts

Posted by goodgain > 1 month ago | Report Abuse

PE ratio for construction sector ranging around 12.0.

The company need 60m profit per year to stand a chance for the price to hit rm1.00 and above.

Lagenda has even more potential and proven track record than this counter.

Posted by thisistheway > 1 month ago | Report Abuse

if didnt go down below 0.465 tmrw got chance to rally

Gentingbig

102 posts

Posted by Gentingbig > 1 month ago | Report Abuse

no doubt Lagenda ihas more potential but then what is the point as one can only look out for their dividend as the Doh brothers are not the goreng goreng kaki .

luckyman

696 posts

Posted by luckyman > 1 month ago | Report Abuse

https://theedgemalaysia.com/node/707155
Contractors should seize the opportunity to obtain various construction projects within the country worth approximately RM180 billion this year...

Posted by soonning65 > 1 month ago | Report Abuse

Hit 52-week high next week?

luckyman

696 posts

Posted by luckyman > 3 weeks ago | Report Abuse

There are simply too many sellers for the last one month. The plus side is that the whales are still collecting....Otherwise, the price would not have sustained thus far...

6stars

61 posts

Posted by 6stars > 3 weeks ago | Report Abuse

When its pn17 declassification is approved, it will shoot up, for sure. Won’t be too long from from now.

Posted by soonning65 > 2 weeks ago | Report Abuse

It seems that we need to wait for the war to subside before it can break through 50 cents

Gentingbig

102 posts

Posted by Gentingbig > 2 weeks ago | Report Abuse

yes its just our luck really shithouse internally & externally .

Posted by goupgoup888 > 2 weeks ago | Report Abuse

heavy sell down ,
any comments from guru guru ?

Gentingbig

102 posts

Posted by Gentingbig > 2 weeks ago | Report Abuse

RETAILERS panic selling lah. i will sold 3 million shares of epicon the last round when it hit 48 and came all way down to 32 cents just in 4 days for no reasons. this time the middle east tension push retailers to sell down.

Gentingbig

102 posts

Posted by Gentingbig > 2 weeks ago | Report Abuse

i leant not to panic this round as we all know the fact once epicon is out of PN17 status which will happen soon its just too bad the bombing happened at this time

Posted by goupgoup888 > 2 weeks ago | Report Abuse

possible Q results not encouraging ?

Gentingbig

102 posts

Posted by Gentingbig > 2 weeks ago | Report Abuse

to me this is not the reason, but rather retailer panic selling due to the middle east tension and operator took the opportunity to push down to buy. the resistance is 39.5 cents and now it rebounded. anyway it will take at least some weeks or this counter to start performing.

ahbah

6,064 posts

Posted by ahbah > 2 weeks ago | Report Abuse

Not just the retailer panic but the WHOLE WORLD also got panic now !!! 😥😥😥

Posted by soonning65 > 2 weeks ago | Report Abuse

Do risk management when you are panic

Gentingbig

102 posts

Posted by Gentingbig > 1 week ago | Report Abuse

epicon chart show will be trading sideway but then to me its still standing prettily there unlike others

Posted by soonning65 > 1 week ago | Report Abuse

That's epic comment, Gentingbig😆

Gentingbig

102 posts

Posted by Gentingbig > 1 week ago | Report Abuse

soonning , new received that anytime now epicon will go north so dont miss out this opportunity. first TP 70 second TP80 but if willing to keep till end of the year is 1.20

6stars

61 posts

Posted by 6stars > 1 week ago | Report Abuse

Genting big, accurate or not wor? If like this, can still buy, bro. Still got abit bullets😂

Gentingbig

102 posts

Posted by Gentingbig > 1 week ago | Report Abuse

hahaha i have been collecting since last oct and just thurs & fri i load another 600000 lots . its just that when i ask friend a chartist to assist to read and it show sideway. i hesitate to collect more . but then sideway also stand so prettily and steadily at 43 to 45. but on thurs the cup and handle are form so i load more. with regret most of my fund stuck with HM & Velesto otherwise i will go in allway.

Gentingbig

102 posts

Posted by Gentingbig > 1 week ago | Report Abuse

6stars can confirm same as its only a matter of time now...as now only awaiting doctor to declare epicon cancer free and can check out of SJMC soon loh.

6stars

61 posts

Posted by 6stars > 1 week ago | Report Abuse

Gtg big, 600,000lots translates into a lot of money😂 I also hear good news any time soon. Guess need to patiently wait to earn big.

6stars

61 posts

Posted by 6stars > 4 days ago | Report Abuse

Pn17 upliftment approved👍

Gentingbig

102 posts

Posted by Gentingbig > 4 days ago | Report Abuse

YES confirm tomorrow announcement so lets see how but then DOH brother no goreng goreng lah so wont jump up much. except with this upliftment then easy for them to get bank loan for their project

6stars

61 posts

Posted by 6stars > 4 days ago | Report Abuse

I think bank are waiting in line already. Just waiting for the upliftment

Gentingbig

102 posts

Posted by Gentingbig > 4 days ago | Report Abuse

so guys lets see tomorrow any show on price surge

Raiz368

1,574 posts

Posted by Raiz368 > 3 days ago | Report Abuse

Sell on news...price already on top

6stars

61 posts

Posted by 6stars > 3 days ago | Report Abuse

Need to look at a longer term

luckyman

696 posts

Posted by luckyman > 3 days ago | Report Abuse

Haha. The early approval to exit PN17 came as a surprise and unexpected for the company. Hence, no celebration party has been pre-arranged by the major shareholders??

Quite a shame too for the company as its share price has not performed but dropped with such a positive news. It's pretty abnormal. Many other counters performed better for such a positive news.

luckaje

510 posts

Posted by luckaje > 3 days ago | Report Abuse

price down after announcement? this is really unexpected

6stars

61 posts

Posted by 6stars > 3 days ago | Report Abuse

Exiting PN17 is a good news.
It means Epicon will have access to bank loans to work on their projects. Give them time and they will deliver.

mizieXX

44 posts

Posted by mizieXX > 3 days ago | Report Abuse

this is bskl..good news not always mean up..rugi2

6stars

61 posts

Posted by 6stars > 3 days ago | Report Abuse

If you are here to profit from the news, then too bad. But if you are here for a longer term, then you will see value in Epicon🤔

Gentingbig

102 posts

Posted by Gentingbig > 3 days ago | Report Abuse

6stars you are right the selldown from retailer who collected since .18-21 cents are throwing. my friend boss who hold 14 million lots of epicon at .21 cents for 9 months today throw it all out in the market. but fundamentally once they announce more project now the price will slowly climb out again.

Gentingbig

102 posts

Posted by Gentingbig > 3 days ago | Report Abuse

unlike comcorp ...not many shares floating in the market so upon announcement of upliftment the counter limit up

Gentingbig

102 posts

Posted by Gentingbig > 3 days ago | Report Abuse

also a lot of private placement holders who help to raise capitals for the acquisition helping the DOH brothers are also selling now lah..need some time to stablise as this is indeed unusual kind of development. goods news but sell down wih price eosion. bladyfull indeed

Posted by Sweetchocalates > 3 days ago | Report Abuse

Lol the name. Epic con.

Gentingbig

102 posts

Posted by Gentingbig > 3 days ago | Report Abuse

hahaha r.really live up to its name EPIC con....am waiting for this counter to check out and declare cancer free and finally the big day came but then ???

luckyman

696 posts

Posted by luckyman > 3 days ago | Report Abuse

Haha. What an embarrassed event for the company and its principals. Probably they should not have applied for the upliftment of PN17 declassification in the first place.

Gentingbig

102 posts

Posted by Gentingbig > 3 days ago | Report Abuse

no lah it make sense in a way, if i am colleting this counter irrespectie thru private placement of open market since .18 cents till .30...then upliftment new out do you think i want to collect some profit then press it down and then buy back. in june epicon going to announce new projects so there will be another opportunity to make some more money

Posted by soonning65 > 3 days ago | Report Abuse

People sell on good news today ...😐

silentWolf

115 posts

Posted by silentWolf > 1 day ago | Report Abuse

big boy selling..any news?

Gentingbig

102 posts

Posted by Gentingbig > 1 day ago | Report Abuse

its not the big boys as they haven't start collecting. its the private placement and retailers selling down. so lets wait for the sell off to stabilize as how much they have collected in term of volume. by Tuesday next the sell off shud be stabled by then . my big question mark ...that much throw out in the market then which parties are buying??

Posted by soonning65 > 10 hours ago | Report Abuse

One of the substantial shareholders of Epicon, I guess ..

Gentingbig

102 posts

Posted by Gentingbig > 10 hours ago | Report Abuse

yes as although the chart today look bad but then glad london bridge yet to fall down today ...holding well at 0.43 cents level.

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