DATO HOOI JIA HAO (a substantial shareholder) disposed 2,000,000 shares on 27-Feb-2024.

Let's show them what Eframe is in Real truth colour...
Green 🤑or Red 😡.. no Doji please 😋

@BradonOoi
Indeed - we really need to be more patience... if not later become patient in hospital bahagia then susah oh 😜

Just my 1 cent of views, i may be wrong for some people
😃 No harm of giving my opinions btw

Let's see
buying company won't show in status of records but dividend distribution is
good company will always has great records in years ahead
even during covid pandemic they still keep going even its QTR in loss making 😏

sorry guys - heavy emotional detected...
no wonder my investment works like shit 🤣
the management level know what the best for future growth in continuous way

Eframe will rise soon as fundamental is there as well...
JUST DECLARE DIVIDEND LA
THEN DAPAT LU ma.. WALAU YEH!!

@IdrakUsama @Stock4Real
MYR memang record in decades.. are they trying to hint us to go oversea market..??
Tengok Avaland [5182] di my list - naik ni.. Hai Yo!! tak ada beli
Beli Eframe.. got frame TERUKKK KAW Kawww 🤣🤣🤣

Hmmm...
Wondering why I don't have that kind of feel as I keep vomiting blood after checking the price market 🤣🤣🤣

@MrFox @IdrakUsama
Ya lo!! waktu malam wa selalu nampak SEMUA lim pek STOCKS semua NAIK GILA punya... 🤣🤣🤣 Mimpi ma

Hai yo!! Bila MAU Naik le?

the Proposed Acquisition of Industrial Lands is expected to be completed within six (6) months

On 19 February 2024 entered into two (2) Sale and Purchase Agreements on the acquisition of two (2) pieces of vacant leasehold industrial lands with Niken Steel (M) Sdn. Bhd. [Registration No.: 201501044560 (1169881-P)] of D-23-01, Level 23, Menara Mitraland, No. 13A Jalan PJU 5/1, Kota Damansara, PJU 5 Petaling Jaya, 47810 Selangor for a total consideration of Ringgit Malaysia Twenty-One Million (RM21,000,000.00) only as per terms and conditions stipulated in each Sale and Purchase Agreements.

@MarketNavigator
Last time only 18,500 units - Price down 1 cent 🤣
Now 1,492,000 units 😱😱😱

@MarketNavigator
1,492,500 units
Conversion of Warrants
Listing Date - 16 Feb 2024
"MarketNavigator
I guess tmr Econframe will experience minor price correction ..."

Cool... new 52 week HIGH 👍

@BradonOoi
Yeah.. that's rite.. Let's grab the golden ticket ya...
Guys n Girls remember to collect some either
we give them ANGPow or they give us ANGPow!!! 🤗

Dragon year - Have Dragon spirit & Power to new high 52w 🤣

Wow... Like no big traders in market
top vol only 15 mil share done so far..
Sudah balik kampung ka?

Cant do anything..
As I already Bought the ticket to see the WAYANG for the whole show...🤓

@MarketNavigator
Never underestimate the small amount as the market speaks out LASTLY!!
Drop 1 cents - I nearly want to vomit blood liao....
Shiok shhiok ia jatuh byk and naik sikit... Banyak Wayang...

@IdrakUsama
Sama-sama... info okay tapi lain tak pandai 🤣🤣🤣

ETA World only start contribute on coming Aug 2024
🤣 long way

I am just small potato only
very minor share holdings 😂
Need more big fish to support here 🤣🤣🤣

@IdrakUsama
Lee & Yong Aluminium Sdn Bhd (“LYASB”) guarantee $4mil per year
ETA World guarantee $10 mil per year
Both also for period of 3 years...
edited and repost 😉

any existing stock counter has the similar growth performance as Econframe... on early stage usually
If anyone here came across some similarity do share here for references...
thanks

Since 2022 start of financial year, it keep improving of both revenue and net profit for each quarter non stop... net margin growth double digit in %

in this year and coming year will enrich the company revenue growth as well as net profit with guarantee of total of 14 mil per year... Definitely an A Growth Stock

The co should consider seriously on dividend distribution for this year since they still have decent of cash in company...
raise the eye among shareholders or new as well...

Just 18,500 units of shares issued.. Exercise of Warrants [Conversion of Warrants]
should be okay.. not to worry

Datin Law Bee Yean - 2,638,000 ordinary shares
(Deemed interested by virtue of his spouse, Datin Law Bee Yean's shareholding in Econframe Berhad pursuant to Section 8 of the Companies Act 2016)
His wife is the one who had the shares from her husband..? correct me if i m wrong.. thanks in advance..

DATO NG WEI YEE (a substantial shareholder) acquired 2,638,000 shares on 30-Jan-2024.
Good starting...

Buy some more shares after this, right? 😂

@BradonOoi
Ya.. that's why they bought the company with less risk after the guarantee granted for 3 years on basis of $10 mil per year... for ETA World...

@LuckyGuns
Lee & Yong Aluminium Sdn Bhd (“LYASB”) guarantee $4mil
ETA World guarantee $10 mil
Both also for period of 3 years...

Is it far better off if the company distribute some dividends for its value shareholders as acting as appreciation of confidence in its company's future undertakings and advancements...?
Growth stocks in acting by extra offering dividends in consistent manner over years will definitely enrich company long term profile in equity market...

Econframe’s 1Q net profit jumps 88.6% on higher revenue
By Choy Nyen Yiau / theedgemalaysia.com
29 Jan 2024, 08:52 pm

In a separate statement, Econframe’s group managing director Lim Chin Horng said the group had successfully secured several projects and enhanced its order book after the acquisition of Lee & Yong Aluminium.

“ETA World has an outstanding order book of RM165.5 million as of end-December 2023, giving it clear earnings visibility in the coming years. More importantly, the profit guarantee of ETA World would ultimately enhance and diversify our bottom line,” Lim said.

Can't stop myself for not sharing what I have gone thru on the news recently...
My Noob Bad 🤔

@BradonOoi
You r right of LYASB contribute positively in current QTR.. Well said... 👍

Current quarter ended 30 November 2023 (“1Q 2024”) compared with immediate preceding quarter ended 31 August 2023 (“4Q 2023”)

The Group recorded an increase in revenue of RM6.17 million or 29% to RM27.19 million in 1Q 2024 as compared to RM21.02 million in 4Q 2023, mainly attributed to higher revenue from the manufacturing segment, driven by the contribution from LYASB. The Group recorded an increase in profit before tax of RM0.84 million or 15% in 1Q 2023, mainly attributed to the higher revenue recorded.

The Group recorded a profit before tax of RM6.38 million in 1Q 2024, almost doubled as compared to RM3.16 million in 1Q 2023. The increase in profit before tax was mainly attributed to the higher revenue recorded and improvement in the overall gross profit margins contribution. Excluding the contribution from LYASB, the Group’s profit before tax would have increased by RM1.83 million or 58%.

The Group recorded a revenue of RM27.19 million in 1Q 2024, representing an increase of RM10.32 million or 61% compared to RM16.87 million in 1Q 2023. The manufacturing segment witnessed higher revenue by RM7.81 million or 52%, mainly attributed to the revenue contribution from its recently acquired 65%-owned subsidiary, Lee & Yong Aluminium Sdn Bhd (“LYASB”). Excluding the revenue contribution from LYASB, the Group’s revenue would have increased by RM4.02 million or 24%.

1st Qtr - 30 Nov 2023
Revenue $27.185 mil
Profit $4.402 mil
Improving result 😍

The Edgemalaysia.com 15 Jan 2024, 09:17 pm

The group intends to fund the acquisition via a combination of cash and issuance of shares, of which RM28.1 million is to be satisfied in cash and the remaining RM27.9 million via the issuance and allotment of 30 million new ordinary shares in Econframe.

According to Econframe, the acquisition comes with a profit guarantee that ETA World shall achieve an audited profit after tax (PAT) of not less than RM10 million each year for three years, and a cumulative audited PAT of not less than RM30 million.

In tandem with the acquisition, the group also announced the proposed diversification of Econframe into construction services and property development, which includes the design, build and sale of industrial properties.

It highlighted that the proposed acquisition and diversification is expected to complete in the first half of 2024.

By Business Times - October 24, 2023 @ 10:47am

LYA specialises in fabricating and installing aluminium glazing, glass products, and facade works that complement Econframe's existing business.

The acquisition comes with a net profit guarantee that LYA shall achieve not less than RM4.0 million annually for three years, from August 31, 2024, to August 31, 2026, and a minimum cumulative net profit of not less than RM12.0 million.
"Econframe is excited by the potential of LYA as we see strong synergies.

Engine started or still not yet? Let's have a close look soon..

DATO HOOI JIA HAO acquired 655,000 units on 18 Jan 2024 through open market
Total no of securities after change 38,413,800
Date of notice 22 Jan 2024

QR may be out anytime... Sui Sui lai lai

Thanks for the clarification..

Posted by MarketNavigator > 22 minutes ago | Report Abuse

Having the exercise of warrant conversion today. So, it just experiences a transient price correction today

Mostly counter in bloody after New Logo Launch for Bursa... Hope later will turn up Sui Sui..!