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Author: LogicTradingAnalysis   |   Latest post: Sat, 25 Jan 2020, 1:36 PM

 

EKOVEST - Will LIMIT UP Once BANDAR MALAYSIA IPO PLAN UNLEASH

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EKOVEST is going to breakout very soon or limit up, ever since it gap up on April this year, price never turn down and long sideways consolidation. its about time to move new direction. Since BANDAR MALAYSIA IPO news appear last week, we expecting more good news coming very soon which will cause price breakout strongly.

Look forward for SUSPENSION ANNOUNCEMENT  !

 

We have been following EKOVEST, IWCITY for many years, and we know the Boss goreng style, we know its about time to fly already. The boss need goreng the stock for some reason ! 



IWCITY have limit up 3 time because of Bandar Malaysia news ever since year 2017. History shall repeat but this time should be go to EKOVEST as EKOVEST already soon part of IWH. 

Be early and ready, before too late. If they go suspend, then you cant get ! Just like Before !


Previous Corporate Action Plans which fails.

This time we will see IWH to get IPO where EKOVEST buy land and swap share with IWH, in return EKOVEST become part of  IWH. So indirectly EKOVEST also under IWH roof. Since IWH land deal will get roughly 32% share of EKOVEST, if IWH buy some more EKOVEST share then will easily trigger mandatory take over offer under bursa rules already. 

Either IWH IPO or IWH take over EKOVEST

Once IWH get IPO itself or IWH announce a take over EKOVEST, then IWH shall use BACK DOOR LISTING / REVERSE TAKE OVER into the market with Bandar Malaysia Huge expected gross development value (GDV) of RM140 billion !!!..

We shall see this great show to begin soon !

 

SOME OF THE REFERENCE : 

https://www.thestar.com.my/business/business-news/2019/11/22/iwh-inks-rm371m-financing-deal-with-cimb-bank-for-bandar-malaysia

https://www.theedgemarkets.com/article/ekovest-buy-land-johor-rm105b

http://www.intellecpoint.com/2019/11/ekovests-acquisition-of-land-from-iwh.html

 

Disclaimer : Above writting are purely own prediction, diary and analysis, which do not represent or mean anything to any parties, not a buy or sell call, writter take no responsible for your gain or loss. 

 

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Labels: EKOVEST

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