Bursalord

Bursalord | Joined since 2018-07-31

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Stock

2019-11-13 16:26 | Report Abuse

Yessssss!!! Ts lim kh and ekovest operators supporters

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2019-11-13 14:31 | Report Abuse

Either IWCITY or EKOVEST got bm project, both will go uptrend.

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2019-10-30 15:17 |

Post removed.Why?

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2019-10-16 17:16 | Report Abuse

Old man will continue selling dayang tomorrow, the funds will go to MRCB

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2019-10-16 16:29 | Report Abuse

Yesss!!! Kyy come to MRCB liao!!!

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2019-09-27 10:28 | Report Abuse

Make it simple and easy

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2019-09-27 10:21 | Report Abuse

No insider news, tun mahathir and finance minister lim guan eng statement is the official news.

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2019-09-27 10:18 | Report Abuse

Lot of investors trusted Prime Minister tun mahathir and finance minister lim guan eng statement than ikan bills comment in the forum.

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2019-09-27 10:07 | Report Abuse

Government negotiating with developer IWH CREC Sdn Bhd (ICSB) to finalise the terms of the agreement should be completed by now.

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2019-09-27 10:02 | Report Abuse

Tun mahathir and finance minister already conformed iwh got the project.
What still the investors want..❓
Hahaha

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2019-09-24 09:22 | Report Abuse

Obviously show that ekovest already got bandar malaysia project.

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2019-09-24 09:21 | Report Abuse

Managing director ekovest mention planning for bandar malaysia project...

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2019-09-20 09:51 | Report Abuse

Buy!!!!!!! Next announcement coming after jibby announcement

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2019-09-20 09:37 | Report Abuse

No more blocking at sell quantity.
Mean the operators is ready liao.
Buy!!!!!!!!

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2019-09-13 13:36 | Report Abuse

Bug62 Brusalord is not out this weekend. Tuesday you can see me throw my 1k lots in the morning.
13/09/2019 12:39 PM

I will buy your 1 k lots...
Hahaha !

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2019-09-13 09:48 | Report Abuse

Hahaha... the money droping from the sky, but don't know how to collect.
What a joke

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2019-09-06 15:25 | Report Abuse

The changes include the construction of a "people's park", 10,000 affordable homes, bumiputera participation throughout the project and priority for local resources in the construction process.

The government awarded the contract to the same developer on the basis that the company was terminated unfairly.

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2019-09-06 09:33 | Report Abuse

Bandar malaysia already awarded to ekovest.
The news is confirmed
The announcement and the agreement to ink soon.
Wish you all the best.

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2019-09-05 19:08 | Report Abuse

Aiyoyo, aiaili...
Don't worry, my good friend Trump said he will push UP dow jones index for you tonight.

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2019-09-04 22:20 | Report Abuse

Shouting to run, ekovest UP 0.61%
Hahaha

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2019-08-30 09:43 | Report Abuse

News out this afternoon.

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2019-08-30 09:41 | Report Abuse

Insider news told bm project to ekovest announcement today.
Let's celebrate independent tomorrow

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2019-08-30 09:39 | Report Abuse

The chart show rm3.50 in 30 trading days.
Buyyyyyyyyy!!!!!!!

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2019-08-28 09:31 | Report Abuse

Base on insider news, bm project awarded to ekovest.
All the best to the ekovest supporters.

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2019-08-23 19:47 | Report Abuse

TOPICS#AnakAnakMalaysia2019 | SOBA 2019 | Export Excellence Awards 2019 | Asean+ | True or Not | Star Golden Hearts Award
Quick take: Ekovest, IWCity up in active trade again
MARKETS
Friday, 23 Aug 2019 4:03 PM MYT
image: https://apicms.thestar.com.my/uploads/images/2019/08/23/229541.jpg


Market bull march16

KUALA LUMPUR: Shares in companies linked to businessman Tan Sri Lim Kang Hoo - Iskandar Waterfront City Bhd
image: https://cdn.thestar.com.my/Themes/img/chart.png

(IWCity) and Ekovest Bhd
image: https://cdn.thestar.com.my/Themes/img/chart.png

rose in active trade on Friday on speculation about Bandar Malaysia project.

At 3.48pm, Ekovest was up five sen to 85.5 sen with 132 million shares done while IWCIty advanced 7.5 sen to 94.5 sen with 54.59 million units.


The KLCI was up 1.84 points or 0.11% tp 1,604.31. Turnover was dismal with 1.60 billion shares valued at RM1.18bil. There were 338 gainers, 403 losers and 375 counters uchanged.

The two companies have attracted much speculative interest in recent months over the RM140bil project but so far there has been no further update or confirmation.

StarBiz has reported Lim is the founder and executive vice chairman of IWCity. He is also the executive chairman of Ekovest and controls a 32.37% stake in the company.

On April 19, the government announced it would reinstate the Bandar Malaysia project.

The RM140bil project will be awarded to the original consortium of Iskandar Waterfront Holdings Bhd and China Railway Engineering Corp Sdn Bhd (IWH-CREC).

The consortium will take up a 60% stake in Bandar Malaysia Sdn Bhd, with the government holding the remaining 40% stake. IWH is the sister company of IWCity.


Read more at https://www.thestar.com.my/business/business-news/2019/08/23/quick-take-ekovest-iwcity-up-in-active-trade-again#giFJmfSp8Xk3RJQZ.99

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2019-08-23 15:44 | Report Abuse

Stupid investors only will sell, hahaha.
Tp above rm3.

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2019-08-23 15:20 | Report Abuse

Iwcity break 11.49 % liao.
Go go ekovest GO!!!!!!!!!!

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2019-08-23 15:18 | Report Abuse

Yessssssss!!!!!!!!!!

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2019-08-23 15:17 | Report Abuse

Go go ekovest GO!!!!!!!!

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2019-08-23 15:11 | Report Abuse

Bursalord will bless you all, let's do it

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2019-08-23 15:10 | Report Abuse

Ekovest getting mad like mad horse liao.
Buyyyyyyyy!!!!!!

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2019-08-23 15:05 | Report Abuse

Limit up!!!!!!!!!

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2019-08-23 15:03 | Report Abuse

Iwcity already up 4.5%
Don't miss ekovest!!!!!!!!

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2019-08-23 15:02 | Report Abuse

Bursalord will bless you all!!!!!!!
Yessassa!!!!!!!!!

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2019-08-23 14:49 | Report Abuse

The buying volume is increasing!!!!!!!!
Buy!!!!!!!!

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2019-08-22 19:14 | Report Abuse

https://m.facebook.com/story.php?story_fbid=10156278758815952&id=157851205951

If jibby said bandar malaysia is good for country, it's time for ph government to announce confidently

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2019-08-21 20:07 | Report Abuse

KLSE Screener KLSE Screener

Proposed takeover of highways deemed fair by market
TheEdge Wed, Aug 21, 2019 10:43am - 9 hours ago


Construction sector
Maintain market weight: The New Straits Times has reported that the government is planning to acquire 15 highways nationwide for RM43 billion via issuing debt to the concessionaires. Sources claimed the 15 highways will be acquired by a special-purpose vehicle (SPV), for example a “highway trust” set up by Khazanah Nasional Bhd, where once all parties involved in the potential deals have agreed with the highways’ enterprise value, Khazanah’s SPV would issue perpetual debt papers with one paper valued at RM30.1 billion (Paper A) and the other (Paper B) at RM12.7 billion to the concessionaires.


The takeover list of highways includes the North South Highway (PLUS) for RM30.8 billion, Prolintas (RM3.1 billion), Gamuda Bhd (RM5.6 billion) and IJM Corp Bhd (RM2.7 billion). However, no official offer has been made to the concessionaires for now as we expect the government to assess all the proposals thoroughly before making an official announcement.

We reckoned the concessionaire companies would accept the offer subject to fair valuations of their tolled highways and receiving shareholders’ approval. If the Ministry of Finance Inc (MoF) retracts its previous offer, we believe Gamuda would probably not accept the new offer if the valuations of its tolled highways are lower than the MoF’s RM6.2 billion offer. For construction companies with toll concessions, we have a “hold” call for Gamuda, IJM and Ekovest Bhd.

The new proposal has caught the industry by surprise, including Works Minister Baru Bian. Based on our checks, companies under our coverage have not been engaged by any parties concerning this proposal and the takeover amount. Separately, we believe this proposal is one of the alternatives to be discussed by the government.

Khazanah, on behalf of the government, will buy all 15 highways for RM43 billion via issuing Paper A partly funded via RM10 billion in cash and the remaining RM20 billion via debt, and Paper B of RM12.7 billion, with a government guarantee. Both papers are tradeable, with an annual 6% coupon rate or RM1.6 billion.

As such, the proposed privatisation would not burden the government to fork out a lumpy RM43 billion. The SPV would then be obliged to pay the coupon and maintain the highways via collecting congestion charges, which it can later exercise its option to redeem the debt papers using its cash flow. Additionally, other sources said the proposal would result in toll users saving up to 45% over time before benefiting from completely free tolls by 2038.

According to sources, the recent “highway trust” proposal is deemed more attractive versus the MoF’s proposal to buy Gamuda and Litrak’s tolled highways and Maju Holdings Bhd’s offer to take over PLUS. While this recent proposal and Gamuda’s toll takeover by the MoF have quite similar structures — for example, debt issuance for toll takeover and to be serviced by congestion charges — it is still premature to assess which proposal offers a better alternative to the government as each proposal’s details had yet to be revealed to the public.

Separately, we believe the recent proposed Gamuda toll takeover by the MoF will set a precedent for the upcoming toll acquisitions, with an improved mechanism benefiting the acquirer and acquiree. Currently, the MoF’s proposed scheme is to set up an SPV under the MoF where the SPV will raise RM6.2 billion via debt issuance to acquire the toll concession. The self-financing takeover will be able to service its debt via congestion charges based on travelling time.

As the government’s proposed takeover is deemed fair by the market, that is a valuation based on a discounted cash flow, and Gamuda’s board of directors has accepted the offer by the MoF to take over its concession-holdings companies valued at RM2.36 billion, based on Gamuda’s equity stake. While a further deliberation for the toll takeover is needed during the upcoming Cabinet meeting and an announcement is expected by today, we understand the proposed toll acquisition has the prime minister’s backing. Separately, we opined that Gamuda may not accept Khazanah’s offer — RM600 million lower than the MoF’s offer — if the MoF retracts its previous offer. — UOB Kay Hian, Aug 20







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Stock

2019-08-20 19:18 | Report Abuse

If bandar malaysia to build now, it's a right timing to sell after malaysia economy recovering ....

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2019-08-19 21:04 | Report Abuse

Hahaha... what a joke, so many already lost patient.

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2019-08-19 20:52 | Report Abuse

Hahaha... please report bursalord, bursalord say today dow jones index will break 300 point.

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2019-08-16 16:02 | Report Abuse

Go go ekovest ekovest ekovest go.

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2019-08-16 15:54 | Report Abuse

Congrats to kyy assshole super holland to become ekovest forum supporter.

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2019-08-16 15:29 | Report Abuse

Kyy assshole super holland is our god of super ky gel.
Once he appear in the forum, ekovest sure fly smoothly.
Thanks God kyy_assshole super Holland become ekovest forum supporters

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2019-08-16 15:21 | Report Abuse

Buyyyyyyyyyyyyyyy!!!!!!!!!!!

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2019-08-16 15:21 | Report Abuse

Yessssssss!!!!!!!!

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