Just remind you all, hot money will flow out from glove sector soon. Where will the money goes next?

Operators took up 0.52 and 0.525 too obvious dy, worse skill ever. Collect enough at 0.515 dy?

If the price can't sustain above 0.5 means the coming QR is bad, insider selling earlier now

Heavy sell queue at 0.52 and 0.525, keep flushing at this range.....Those operators really worse

Private placement done at RM 0.83 last year. Boss also kena trap, have to buy back a lot during March and April to secure his margin/collateral position

By the way, Ekovest acquisition of the Iwcity land was being postponed due to Ekovest share price drop a lot hahaha. They set it at RM1 per share and look at the share price now !!!

Stupid people will only enter Supermax now, Don't go anywhere to ask people to buy high. You are the worst

Glove counter is fabulous, contributed 70% of trade value to KLCI.
However, is not a good timing to enter glove counters anymore.
Bursa changed the rules to protect those operators and institutions that holding lot of glove share, they is hard to let go their holding by that time, the only way is just push higher and higher to attract more interest and keep it hot.

Is a good time to move to other undervalue stock now, although company might not perform well, but remenber we are invest for the future

Not included the SPE which is under construction

Just remember Ekovest sold 40% stake of duke that worth RM1.13 billions at Q1 of 2017.
Remaining 60% of duke worth that 1.695 billions by that time.
Company share issued : 2.636 billions

1.695/2.636 = RM 0.64 per shares
This is just the net worth for toll operation.

Weak QR, fair price 0.35

Pend huge selling volume at ask1-ask3 then slowly collect at bid1 :)

Stock trade high at 900-1000 session, this could mean the director is disposing his share at this timing while operators buy his share. After that, stock trade quietly for the rest of the day. Operators continue their job to create buy and sell orders to keep this stock in top active list

I suggest you all use some of your fund to do bid trade. buy 1 bid lower and sell 1 bid higher,repeatly

Look at the trade details clearly, this is just the tricks of operator of creating high volume transaction

Push the price higher and attract fund from healthcare and oil sector, then you only can distribute your holding, advice to operator.
IDSS is avaiable from next month, now is the only chance for you to fry it up!!

Ekovest is the 4th hot trade up to now!! Keep it up, operators!!!

The reason why they keep pressing down the price is to force you to sell them at lower price. Once they collected enough shares then will fly surely. By that time, you will see many news come out.
This techniques used frequently dy, but still have many people being fish

We should hold firmly, we should sell it back to them at above 0.8 !!!!

Don't get cheated by those techniques, once you buy don't panic sell your holdings. Just keep average down the price !! Therefore, operators not able to collect back their share at a lower price.

11:25:23 19750 lots bought at 0.59, 1.165mil
11:25:24 7674 lots bought at 0.59, 0.452 mil

total 27424 lots bought ar 0.59, 1.618mil

This stock operator is too lame, keep buy and sell with big volume in order to keep this stock in Active list....

A country must have well developed infras!! This is why EKovest is playing a big role here.

You will see big earnings in less than 5 years. TRUST ME

Hi guys, this stock is good to hold and buy regularly.

RM3 is achievable but it will take 3-5 years time.
Current situation: News being released and the overall economy is not good yet, ppl still struggling for money. If those really wanna buy a car sure will look for cheaper cars especially proton saga, persona and iris.
In addition, X50 has higher chances of release this year. It could boost the car sales of proton.
Next, those retailers who invest in glove sector having the great return dy. they are potential buyer of car :)

This stock is looks good now. It will reach RM0.7 within 2 months

Congratzzz, when will you use the profits to push the price?

roger3210 always here, don't take seriously on him, he is just a clown

It will push up at the last minute and continue tomorrow morning.

get ready for your tickets. Gonna stand firm above 0.6

花开堪折直须折 莫待无花空折枝

QR not out but declared dividend 2 cents less 1 cent compared to last year.

Window dressing
let's see the opening price in next week
hahaha

Bravo, 102 mil of shares being transacted at the price of 3.77 after 4.50.
Total cost = RM387mil

This stock price alrdy factor in the MCO period, price will remain if MCO extend but will back to RM2 above in other case.

cn21, coming quarter report is reflected to Jan-March 2020 performance.

This stock is gonna skyrocket

keep monitor this stock, if can sustain 0.58 for 2 weeks then is good and congratz to those bought below 0.5

Put this stock in monitoring list, sad for those chase high today. I already mentioned it is a good entry price below 0.5. pump and dump as usual......

Safe margin for those bought at 0.5 below, this counter good to hold and have an attractive return in long run.

Shareholding direct&indirect

Lim KH 31.4%
Lim CT 0.14%
Lim Hoe 0.54%
Lim KC 5.5%
Lim PL 5.2%
Kota Jayasama/Dato Haris 2.23%

Lim Family controlling 43% of stakes in Ekovest

P/Book ratio

Gamuda 1.35
IJM 0.919
WCT 0.221
SunwayCon 3.818
Ekovest 0.794

Those good brand construction firm more than 1, not much bargain now.
For WCT Ekovest and IJM are good to have. These stocks are not too bad but the share is too liquid in the market due to holding by weak hand.

Return on Equity Ekovest,
2015 1.56% -
2016 11.8% 653% increase
2017 6.27% -46% decrease
2018 6.23% -0.5% decrease
2019 7.01% 12% increase
After the bonus issue 2 for 3 share in 2017, the company recorded average 6.5% of ROE

ROE Gamuda
2015 10.76% -
2016 9.1% -15%
2017 8% -11.6%
2018 6.9% -13.2%
2019 8.74% 25%
Average 8.7% ROE but significant of decresing ROE.


Gamuda is a stable company than Ekovest, while Ekovest showing some positive growth over the year. Their RoE is relatively the same in the year of 2019.

I will expect their RoE will decrease this financial year due to Covid-19. If Ekovest able to record 3-4% of RoE is acceptable.

March 12 Closing, April 20 Highest
KLCI 1419.43 1428.95
Construction
Index 164.7, 164.34
Ekovest 0.49 0.52

Lim Kang Hoo buyback total 38.648mil of shares at the cost of RM20.152mil and the average price is at 0.52 **assume buyback price is (open+close)/2 on that particular day**

TAN SRI DATO' LIM KANG HOO 05-Mar-2020 Acquired 2,148,700, 0.6075
TAN SRI DATO' LIM KANG HOO 06-Mar-2020 Acquired 5,000,000, 0.5925
TAN SRI DATO' LIM KANG HOO 09-Mar-2020 Acquired 10,500,000, 0.535
TAN SRI DATO' LIM KANG HOO 10-Mar-2020 Acquired 5,000,000, 0.5025
TAN SRI DATO' LIM KANG HOO 11-Mar-2020 Acquired 2,000,000, 0.51
TAN SRI DATO' LIM KANG HOO 12-Mar-2020 Acquired 6,000,000, 0.495
TAN SRI DATO' LIM KANG HOO 13-Mar-2020 Acquired 6,000,000, 0.4675
TAN SRI DATO' LIM KANG HOO 16-Apr-2020 Acquired 1,000,000, 0.475
TAN SRI DATO' LIM KANG HOO 17-Apr-2020 Acquired 1,000,000, 0.485

From observe, the purchase price is quite suspicious due to no buyback action when the price hit below 0.4 and even 0.3? This is clearly a typical way of changing hands from proxy to the boss. Buy high from proxy before the fall and buy again from proxy after the bounce. The proxy can evade the fall and have plenty of cash to buy at the bottom then sell back to the boss at a higher price.
At this moment, I predict selling will still ongoing and will swing around 0.45-0.5 if the economic condition didn't change much. Next, KLCI, construction index, and ekovest move simultaneously and correlatively, not much bargain can do in Ekovest.

These buyback transactions will definitely reduce the number of shares that liquid in the market and proxy have more cash on hand to push this Ekovest to higher when having good news in the future.

If you have holding power, try your luck to grab it at an average of 0.45 and hold it for at least a year.
You definitely will get rich with minimal risk.

Obviously, this forum is being manipulating by the proxy to spread negative thoughts and positive thoughts to holders of Ekovest. Just simply ignore those noises, it is not good for your path of investment.
We should learn how to identify noises in the market.

We shall see after suspension of IDSS is over.
If price still stand firm then can buy in.

March 12 Closing, April 20 Highest
KLCI 1419.43 1428.95
Construction
Index 164.7, 164.34
Ekovest 0.49 0.52

Lim Kang Hoo buyback total 38.648mil of shares at the cost of RM20.152mil and the average price is at 0.52 **assume buyback price is (open+close)/2 on that particular day**

TAN SRI DATO' LIM KANG HOO 05-Mar-2020 Acquired 2,148,700, 0.6075
TAN SRI DATO' LIM KANG HOO 06-Mar-2020 Acquired 5,000,000, 0.5925
TAN SRI DATO' LIM KANG HOO 09-Mar-2020 Acquired 10,500,000, 0.535
TAN SRI DATO' LIM KANG HOO 10-Mar-2020 Acquired 5,000,000, 0.5025
TAN SRI DATO' LIM KANG HOO 11-Mar-2020 Acquired 2,000,000, 0.51
TAN SRI DATO' LIM KANG HOO 12-Mar-2020 Acquired 6,000,000, 0.495
TAN SRI DATO' LIM KANG HOO 13-Mar-2020 Acquired 6,000,000, 0.4675
TAN SRI DATO' LIM KANG HOO 16-Apr-2020 Acquired 1,000,000, 0.475
TAN SRI DATO' LIM KANG HOO 17-Apr-2020 Acquired 1,000,000, 0.485

From observe, the purchase price is quite suspicious due to no buyback action when the price hit below 0.4 and even 0.3? This is clearly a typical way of changing hands from proxy to the boss. Buy high from proxy before the fall and buy again from proxy after the bounce. The proxy can evade the fall and have plenty of cash to buy at the bottom then sell back to the boss at a higher price.
At this moment, I predict selling will still ongoing and will swing around 0.45-0.5 if the economic condition didn't change much. Next, KLCI, construction index, and ekovest move simultaneously and correlatively, not much bargain can do in Ekovest.

These buyback transactions will definitely reduce the number of shares that liquid in the market and proxy have more cash on hand to push this Ekovest to higher when having good news in the future.

If you have holding power, try your luck to grab it at an average of 0.45 and hold it for at least a year.
You definitely will get rich with minimal risk.

Litrak has Sprint and LDP highway while Ekovest has Duke 1,2 and upcoming SPE.
The difference is litrak just a highway listed company while Ekovest has diversified businesses such as property, infra, and plantation. Share price will get affected if one of those sectors not performing well.

For toll operation of Ekovest, it recorded stable growth over the year and provide stable cash flow for Ekovest to further develop their businesses.

EPS is 0.055 for the past 4 qrts and 0.01 is for dividend payout, less than 20% of payout ratio.
80 % is used for futher growth definitely is good for the company.

Don't forget our Malaysia is a developing countries in the world, Don't get fancy about those technology stuffs such as 5G,AI and electronic car. We, Malaysia definitely not capable of doing it.
Just left construction that can stimulate domestic demand in the future such as build road, skybuilding,infrastruce.
No doubt China construction firm can provide more cost effecient than our local construction firm, it's wise to work coorperate with them, this is what Ekovest doing.