This is because internally cash flow very bad. Could not pay staff salary, their projects all got problem, quality and delivery issue. Their Duke2a project could not get green light from gov. Previously when Tan Sri KC handle, company well managed, after that when botak and son took over no business ethics at all.

LOL who cares about Ptaras. Even Aneka also better than Ptaras in the industry.

sure interested. No.1 piling company in Malaysia and won so many contracts, more to come towards end of the year. I believe QR will turn green. Good luck mid long term holders.

yup definitely somthing wrong as notice huge internal dumping from 1.1X. Most likely go below RM1 if another round of internal dumping. coming QR not nice?

Just hold till end of the year. Guarantee at least 40sen and above. GDB is considered top 3 among mid tier construction company. Order book from first tier companies like IJM suncon all full, so now will fall to mid tier like Kerjaya, GDB, etc. For sure there will be 1 or 2 200-400mil project win this year, guaranteed. Sources mentioned currently tendering a few big ones.

goodness gracious, while everyone is expecting 500-600mil profit, it came at 850mil! Insane! Insane!!!!!!!!!! Wah cannot like this, continue earning like this YTLP will be RM5 end of 2024.

Crazy close this week, very happy. conservative earnings of RM500mil is very good already. With this aggressive collection this week, earnings may come in between 500-800mil. Next week most likely will be quiet all the way till QR.

Fantastic close, close at peak even at best buy! Could only mean one thing, results is going to be amazingly good and special div is on the way! 2.8 by year end!!

Slow and steady win the race.. looking at TP of 3.50 - 4 next year, in between are all noises.

Duke2A most likely be approved by cabinet this month or next month. Don’t argue. This counter is all about news play. Better buy and hold until news release.

Yes, just want tan Sri to announce special dividend or good div for all his YTL babies.

No they are not. I am familiar with their business..

Won contract RM1bil+ Johor RTS ICQ.

Correct, that is what I would think too. Need to throw some money back to East Malaysia so they can support PMX. I am quite sure there will be something big for East Malaysia tomorrow.

Very big news coming November! Hold on to your ekovest stocks! 70sen here we come!

https://www.businesstimes.com.sg/singapore/singapore-household-electricity-gas-bills-rise-tariffs-increase-q4

HOUSEHOLD electricity and gas bills are set to rise in the fourth quarter of 2023, following an increase in tariffs announced by state energy suppliers on Friday (Sep 29).

From Oct 1 to Dec 31, the electricity tariff before 8 per cent goods and services tax (GST) will go up by an average of 3.7 per cent or 0.98 Singapore cent per kilowatt-hour (KWh) from the previous quarter.

This means the electricity tariff before GST will increase to 28.7 cents per KWh from 27.74 cents. For families residing in Housing and Development Board four-room flats, the average monthly electricity bill will rise by S$3.57 or 3.5 per cent before GST.

Local power grid vendor SP Group attributed the tariff rise to higher energy costs when compared with the previous quarter.

Energy costs, paid to generation companies, comprise 76.5 per cent of the Q4 electricity tariff and will increase by 0.96 cent per KWh.

The other components contributing to the overall electricity tariff – network costs, market support services fee, as well as the market administration and power system operation fee – will remain unchanged in the fourth quarter.

Yes, before this year end will announce Duke2A. Get really to burst through 80sens when news announce. Now Duke2A is currently in final stages of agreement with the gov. Good luck all holders!

Gov announce any big announcement, econpile wil benefit.infra project they win, mrt win, lrt win. Collect when panic sell and wait for budget

Don’t worry this will lit up again after few months when all trend die

Also don’t forget duke2a announcement in two months

Kamxia tooDragon.

Cheapest construction stock is on the move! Buy before too late

Nobody stopping Anwar to approve DUKE2A highway now! Shooting to moon!!! DUKE2A to be approved within 3 months. Good luck all

Don't have to guess,
1. DUKE2A is about to be approved by this year, which means another new highway for this undervalued company
2. launching of SPE highway soon,
3. Currently tendering for a big package for RTS in Johor.

You decide.

Please do not buy this stock at the moment, serious cash flow problem. They are asking their project developers to release monthly payments earlier due to tight cashflow. Very dangerous, may not recover so soon. Also every project of theirs are behind schedule, and will get hit by LAD.

Package was split last minute don’t know why but IJM got phase2 as well. Maybe don’t want to push the stock too much? Good luck all.

https://www.klsescreener.com/v2/news/view/1168811

IJM won a RM1billion mega project in shah Alam. Operator intention to press price for flushing before announcing. Stay tuned, don’t be fooled by operator. IJM share buy back because they know it will be pumped upon releasing of news. Don’t have to believe me, just wait and see.

Very well done! TP RM1!! Company finally making profit and more and more profits coming. Good mid long term stock

DUKE2A! New huge highway concession is coming as SPE is nearing completion at 90%.

DUKE2A!!

Must be soon to announce the new highway duke2a and insider collecting huge? Imagine another highway added to their asset, how much will it be?

Wah wah wah! huat huat huat ahh 60sen here we come!

DUKE2A approved. sekarang tunggu announce this quarter. Botak is timing this perfectly, maybe some collection taking place? This highway is definitely a GO before SPE finish.

new HUGE project will be announce very soon. Stay tune.

It is because it is finally turning over, business is finally improving. Coming QR will be very strong and moving forward we will see 2-3mil then 4-5mil QRs. Which brings the stock TP to about RM3.5 by June next year.

The moment KTM contract announce. 40sen pun boleh. Hold sampai December pasti naik giler. Now all contracts will be given back to destini.

I agree Kelvin, I do believe this round they are really turning around, the worst is behind, but investors need to be willing to hold 6 months at least to see RM2 at least. I really see potential in this counter. looking forward to RM2 by March-22. Coming QR is very important to see if they really turning around.

Shareinvestor88 you can do deeper checks, check Mr Bean's link and join the dots together then you'll know IQ produce product and for whom.

So nice to finally see this thread full of people. Holding since 95sen and sold all yesterday at 1.5. The climb is too scary, will come back after a healthy correction.

https://www.homedepot.com/b/Search/N-5yc1vZcdqg/Ntk-Extended/Ntt-defiant?Ntx=mode+matchpartialmax&NCNI-5

This is just Home Depot, you can search at any other stores you'll find IQ products everywhere and very loved by the consumers.

No point of holding guys. Just cash out, yes their earnings is going to be good but ask yourself, they are selling their vassel one by one. Then what business are they going into? I think this is the main reason why insti funds did not enter despite good earnings. No direction, only kept selling selling.

Rumours of award of KTM project sudah dapat.

I still dont understand why this stock is still super undervalued and yet nobody notices it.

so funny to see all the comments here. Creating so much negativity just to get cheap ticket.

Dont worry, QR no QR, Lagenda will report great 2 quarters, just hold tight.

Opportunity for the biggest piling company in Malaysia $ECONBHD / 5253 (ECONPILE HOLDINGS BERHAD)? Spotted a great buy opportunity as it is greatly greatly oversold. Finally see a big buy volume today after 2 months of selling/consolidation. However they will still continue to report so-so earnings for 2 more quarters, but do not let this fool you.

Construction in the private sector have already started picking up since Dec20 and Econpile is a strong prize winner with its reputation and price competitiveness. I won't be surprised if they successfully bid one or two during Nov20-Feb21 as they have been/is tendering a few projects during this period.

As one of my favourite construction stock, please bear in mind the moment construction sentiment is back, this stock will be the first to fly. Due to strong familiarity on the ground, my prediction is that construction sentiment should be back or a successful bid within these 3 months.

Lagenda really breaking the property stock stigma. 2021 should be a superb year for Lagenda with strong earnings coming in for 2-3 more quarters at least. Not surprised to see it RM2 by 1Q21

Cement production in Malaysia have increase to a record month (Nov20), this indicates the steady pick up in construction is well intact. Construction related stocks are slowly picking up as 2021 could be the year of construction (other than tech of course).
Could this record high cement production be the reason EPF was/is collecting $YTL / 4677 (YTL CORPORATION BERHAD) so aggressively? Also the mammoth Share buy back by the company?

https://tradingeconomics.com/malaysia/cement-production

https://www.facebook.com/theedgemarkets/videos/459777968747659

A lot of people might disagree on us having to terminate the HSR deal with Singapore. Sit down, think about it, why would us Malaysia give equal authority to someone whom only have less than 10% of the track in their country? MyHSR will definitely proceed, if you follow closely the news and read between the lines you can tell we really want that HSR that connects all the way to China, we cant give SG equal say on the track from Johor all the way to Perlis. Why? Make no sense at all.

Worried about SG crowd not coming to MY? HSR will stop at RTS station and you can hop out of the HSR, get onto RTS and 10mins you are in SG.

Not only huge SBB, EPF have also collected an immense amount of YTL. Either this month or next will have construction related news, MyHSR most likely. Meetings still on going, work as usual in the sector.