EKOVEST BHD

KLSE (MYR): EKOVEST (8877)

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Last Price

0.465

Today's Change

+0.01 (2.20%)

Day's Change

0.455 - 0.475

Trading Volume

35,690,400


34 people like this.

74,188 comment(s). Last comment by Bull13 1 day ago

monreyes

879 posts

Posted by monreyes > 2024-03-10 12:54 | Report Abuse

billiyun2 project but not reflected in price action..ppl keeps on throwing..shd have at least 1 LU

Posted by FlashParadox > 2024-03-11 17:32 | Report Abuse

It will LU when it shows great QR

Plantermen

2,135 posts

Posted by Plantermen > 2 months ago | Report Abuse

The HOD binding heads of agreement for the merger between Ekovest and TanSri Lim {major controlling shareholder} and sister company KNUSFORD was announced in early November last year. Under the restructing exercise" the entire stake of Ekovest construction arm " disposed to KNUSFORD for 450million at the proposed issued price of 60 sen new KNUSFORD share. On the same note Ekovest is buying from Tan Sri Lim a 70% stake in its private held company {CRSB} for 1.15 billion. CRSB holds 63% equity interest in another Tan Sri Lim private held company IWH {Iskander Waterfront Holdings} which in turn holds 34% equity interest in Iskander Waterfront City { {IWCITY} In addition Ekovest entered into a binding agreement to acquire a six storey mall properties {Danga city mall} in Johor and another parcel land from KMSB. Ekovest will acquired the land parcels for 310 million subject to ind valuation valuer. Please refer to the full press release in the business times, the edge and Ekovest press announcement

Posted by Jonathan Keung > 2 months ago | Report Abuse

Win win Botak Lim. Ekovest minority gets the crumbs if they are lucky

soon9913

2,544 posts

Posted by soon9913 > 2 months ago | Report Abuse

omg this johnchew come this counter,............... sure will drop lo this counter, u see his promoted counter i.e. jaks

sell

2,446 posts

Posted by sell > 2 months ago | Report Abuse

Run for your life like LKC.

sell

2,446 posts

Posted by sell > 2 months ago | Report Abuse

RI coming so LKC sell?

theyoungman

1,802 posts

Posted by theyoungman > 2 months ago | Report Abuse

When to have rights issues leh? Announced?

speakup

25,440 posts

Posted by speakup > 2 months ago | Report Abuse

mana da Rights Issue?????
Ekovest in middle of business reorganization with Knusford, mana ada masa utk right issue?
nak tipu, tipu with some logik lah

theyoungman

1,802 posts

Posted by theyoungman > 2 months ago | Report Abuse

@speakup
Ya. That's why his id is "sell" 😵

theyoungman

1,802 posts

Posted by theyoungman > 2 months ago | Report Abuse

https://www.channelnewsasia.com/asia/malaysia-mm2h-visa-china-nationals-wealthy-foreigners-residency-4189166

MM2H benefiting 8877 or 1651? Forgot d. Anyone can give more information to recap? Thanks in advance.
Bandar Malaysia is 8877 if remember correctly.

SLLEE5732

282 posts

Posted by SLLEE5732 > 2 months ago | Report Abuse

Is Prolintas link to Ekovest?

speakup

25,440 posts

Posted by speakup > 2 months ago | Report Abuse

No. But Prolintas IPO has spurred interest in WCE now EKOVEST

SLLEE5732

282 posts

Posted by SLLEE5732 > 2 months ago | Report Abuse

Speakup

Thanks 😊😊

fl888

7,558 posts

Posted by fl888 > 2 months ago | Report Abuse

What will happen if the Merger and Reorganisation Plan by Ekovest on 27-09-2023 is aborted on March 27, 2024…announcement soon as long overdue…

Posted by Johnchew123 > 2 months ago | Report Abuse

Today contruction theme play , lead by SENDAI award 54 bilion project, miss a boat Sendai , this Sendai under my monitoring list

joni

1,227 posts

Posted by joni > 2 months ago | Report Abuse

this week will break 50 sen

Posted by FlashParadox > 2 months ago | Report Abuse

looking at the price movement now, I agree with you, joni

curiousq

865 posts

Posted by curiousq > 2 months ago | Report Abuse

OMG!!! Realsifu misses the chance to buy @0.25
(a very safe entry level)

abcb

2,843 posts

Posted by abcb > 2 months ago | Report Abuse

Something is brewing up
TP 0.55

fl888

7,558 posts

Posted by fl888 > 2 months ago | Report Abuse

Ekovest price at 0.60cts for the Merger…will the other parties accept when Ekovest market price is 0.48cts….

speakup

25,440 posts

Posted by speakup > 2 months ago | Report Abuse

Hahaha. Fl888 figured it out

theyoungman

1,802 posts

Posted by theyoungman > 2 months ago | Report Abuse

Oh. Spill over effect o? Market sentiment is good now, after it rest for a mth

theyoungman

1,802 posts

Posted by theyoungman > 2 months ago | Report Abuse

@curiousq

OMG!!! Realsifu misses the chance to buy @0.25
(a very safe entry level)

Super agree. Can't find any excuse to disagree.

Posted by Jonathan Keung > 2 months ago | Report Abuse

Johnchew123. Eversendai press announcement is the company subsidiaries in Saudi Arabia , UAE and India have secured new projects in collaborations with it's partner of combined MYR 5.4 billion ringgit not 54 billion . Today theme play is led by Eversendai construction

theyoungman

1,802 posts

Posted by theyoungman > 2 months ago | Report Abuse

5.4bil is alot

Plantermen

2,135 posts

Posted by Plantermen > 2 months ago | Report Abuse

Yes. 5.4 billion ringgit is quite a sum to secure for multiple JV local partnership collaboration for Eversendai in 3 countries. The same applies to Ekovest subsidiary { Ekovest construction arm } as the collaborative partner to Adil Permata Sdn Bhd {ADSB} by MRTS for the RTS link project. The RTS LINK consist of 2 stations { one in Bukit Chagar, Johor app 2.7 Km} and the other station at Woodland, Singapore app 1.3 Km}

Posted by Johnchew123 > 2 months ago | Report Abuse

Ekovest = parriaa stock , Econbhd all time stay below 40 sen , lost 2 QR , now 45 sen , price almost wanna jump over Ekovest , Econbhd banker take care stock

Posted by Johnchew123 > 2 months ago | Report Abuse

Feb Econbhd announed lost QR price price plunge to 32 sen , Ekovest plunge to 44.5 sen ,
Now Econbhd 45 sen , Ekovest 47.5 sen ,
Ekovest , du really parrria stock
Econbhd lost QR , price pecah record high this year

theyoungman

1,802 posts

Posted by theyoungman > 2 months ago | Report Abuse

Take a rest. Don't go up every day. Up then stabilize absorb selling pressure, then up abit, then flat, then up, slowly, like that siok

theyoungman

1,802 posts

Posted by theyoungman > 2 months ago | Report Abuse

Oh John, ha. Power leh, scold botak. 👍💪

Posted by Johnchew123 > 2 months ago | Report Abuse

Year 2023 Ekovest price n MRCB is 10 sen , MRCB belakang Ekovest 10 sen , now MRCB depan Ekovest 10 sen,
Year 2023 Econbhd is parriaa stock , belakang Ekovest 20 sen , now price almost wanna win Ekovest

Ekovest , big probably become parrria in 2024

Next is Sendai , price will win Ekovest ,let see

theyoungman

1,802 posts

Posted by theyoungman > 2 months ago | Report Abuse

Coming. All coming back.
Stephen Chow said

cheong3288

135 posts

Posted by cheong3288 > 2 months ago | Report Abuse

collect collect before 48sen

theyoungman

1,802 posts

Posted by theyoungman > 2 months ago | Report Abuse

Don't worry, next week shot up to 0.60 first try to break the LKC curse. Hehe

speakup

25,440 posts

Posted by speakup > 2 months ago | Report Abuse

Corporate restructuring at 60sen, owners must push up to 60 for minorities to accept

theyoungman

1,802 posts

Posted by theyoungman > 2 months ago | Report Abuse

@speakup, u r the man!

the gimmick is at, press it down for real investors to come in to support and invest in the co. the OP cannot keep pushing up for ntg. it must be planned and attract real investors to collect and hold the tickets for mid long term (at least few mths)

linheng

1,360 posts

Posted by linheng > 2 months ago | Report Abuse

Profit or not, there is value in Ekovest. I just hold and wait. Looking at TOL Roads alone. Prolintas is value at 1.1B; WCEH's market cap is over 3B. Ekovest with 60% of Duke 1 and 2 and 100% of SPE is only 1.3B

speakup

25,440 posts

Posted by speakup > 2 months ago | Report Abuse

Remember our favourite counter LITRAK? i think Ekovest after restructuring will be the new LITRAK!

Plantermen

2,135 posts

Posted by Plantermen > 2 months ago | Report Abuse

I have no issue with the Tan Sri Lim restructuring exercise if its based on win win situation for all parties. Looking at the present Ekovest proposal the main beneficiaries is Tan Sri Lim not the other Ekovest minorities shareholders. What's critical the NOSH of Ekovest will balloon up from the current 2.96 billion shares to almost 8.5 billion shares based on what's was announced

Posted by Johnchew123 > 2 months ago | Report Abuse

Ekovest= pariiia stock , useless in year 2024 , ECONBHD , now 47 sen , price going to win Ekovest,
Let. See how Sendai price win over Ekovest
Ekovest , du betul betul parrria. In year 2024
Ekovest ,worst performance year 2024

Posted by Johnchew123 > 2 months ago | Report Abuse

Cepat cepat , Econbhd , 47.5 sen , sudah mau win Ekovest ,
Cepat cepat Sendai kejar Econbhd ,kejar dia Econbhd ,Tunggu , Sendai belakang kejar
Pariaaa Ekovest , uselsss ,rubbish stock

Plantermen

2,135 posts

Posted by Plantermen > 2 months ago | Report Abuse

Out of the 2 or 3 laggards { unloved or stagnant counters mentioned } Ekovest, ECONBHD and AGMO. From a business point myself will go for the small cap ECONBHD & AGMO. ECONBHD Nosh shares {1.4 billion} AGMO Nosh shares 325 million shares vs Ekovest 2.96 Billion shares { before the group restructing exercise and the binding heads of agreement announced} which will see Ekovest capital base increased multiple times by 2.5 times after the group restructuring. ECONBHD 47 sen, AGMO 48 sen Ekovest 48 sen at Friday close. Not a buy call just a short take on this 3 counters. Pls do your research before you biy

theyoungman

1,802 posts

Posted by theyoungman > 2 months ago | Report Abuse

She will come and go up slowly.

As usual. Do not speculate, punt, contra. Use limited spare cash to invest. Avoid using margin facilities and loans.

sugerdad

91 posts

Posted by sugerdad > 2 months ago | Report Abuse

linheng
Ekovest with 60% of Duke 1 and 2 and 100% of SPE is only 1.3B
完全·没有·做功课的孩子

Plantermen

2,135 posts

Posted by Plantermen > 2 months ago | Report Abuse

Margin is good to use during bull times but absolutely bad during down turn. Buy quality stocks for long term yield. Buy and sell for trading stocks. Always play within your limits.

Posted by Johnchew123 > 2 months ago | Report Abuse

Ekovest= parrria stock , really eat shirt , useless, ECONBHd , now 48 sen , win over Ekovest ,
EConbhd NTA 26 sen , share boleh pi 48 sen
Ini Ekovest NTA 80 sen , parriaa stock 47 sen

Next will be Sendai , belakang coming , will will jump over this parriaa

theyoungman

1,802 posts

Posted by theyoungman > 2 months ago | Report Abuse

@sugerdad

linheng
Ekovest with 60% of Duke 1 and 2 and 100% of SPE is only 1.3B
完全·没有·做功课的孩子

Sugardad, kindly explain? Need to learn something from sifu leh

Posted by Jonathan Keung > 2 months ago | Report Abuse

Construction of Duke 1,2 and Duke 3 idea was originally concepted in the early 2000s. Phase 1 Duke was open up in 2006. It was a loss making project and short of the traffic flow projections. Even up to now. There is a good reason why the whole idea of floating it was put on hold. Bursa requirement needs the company to be profitable or in the black for a minimum period of 3 years before it can be listed on the main board. Ace market and leap market listings are different
2001. started in

Posted by Jonathan Keung > 2 months ago | Report Abuse

Kesturi a wholly owned company of Ekovest was incorporated in 2001 to study and implement the construction of the highway alignment with multiple delays and changes

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