Global conflicts affect bursa. Market only recovered a bit in friday. I in doubt qr bad considering the nature of recurring income.unless they announce losing clients only then going to affect their revenue which we do not see any of those.

Metal counters recent dissapointing qr was due to recent MCO, just read lbalum can only operate few weeks last q.. So expect all aluminium players to stay sideways for now until nearing next qr, can accumulate slowly. With construction sector reopening and aluminium price continouosly high no doubt we may see big gains in next QR thus massive rallies among aluminium players

If limit down then chance to buy.. If u study deeply they cant fully operate this quarter. What saved them was high aluminium ASP. Luckily I TP 059 this morning. Tomorrow I think best to wait panic seller calm down first, after then can do your plan. After qr bomb usually stocks go down, then will turn sideways for accumulation until next qr. If next qr aluminium still at high price can expect price to rocket to da moon

Just cut lost now leh. This company no future.. Just run and never look back

Revenue drops due to mco. Must remember, now China in power crunch. Industrials cant fully operate, it means what? Supplies are tightening.

Lol look at all these people complaining about politics.. Cant you see ever since UMNO is back foreign funds enter like crazy? Did u see anything like this in PH day?? No right? It means Foreign Funds are confidence to do business under a veteran party to manage the government. Come to your sense

Company records 40% increase in net profit for q2 2021, Future seems bright

Lol Arman, dont u see Nasdaq green green now? I dont see dow jones dropped today all closed green.

This company market segment involving IT i.e Cyber security. The upcoming ericcson 5G in this country and Digital Banking which most requires Cyber Security would be huge advantages for Systech.

This is mini version of JHM, growing company that can make money. Continously profitable

Lol why would u say lebor hangus? This country got law, as long that he can provide proof of ownership he can bring this issue to the court.

Ucrest deal are to manufacture Sputnik Vaccine here, while Dpharma deal are to market and distribute it in Malaysia. Two different thing. KJ did mention possibilities of Msia use Sputnik vaccine, it just matter of approval.

Hope he kick existing management and reform

Support is not at 0.405 look at the EMA's.. They at 0.390 @EMA50. This is a FA counter with incoming 5G catalyst not some sort of penny stocks for goreng. Use brain to think wisely dont simply say goreng or fake stock

Inix to acquire several semiconductor company and soon to MOU with Tesla. But before all that happen first we must go fly to Holland :D

@speakup wait for BO or can buy at accumulation price i.e support price

Good FA company with potential to follow Penta yet couldnt move due to price manipulated heavily. Been in accumulation phase for a while supposed to move upward soon

We are to follow Nasdaq, been down several days I am guessing NQ to be green this thursday only then Omesti able to rebound again. For now omesti might be trading within the range of 0.545-0.555.

Right issue if for debt its bad thing, but if for expansion then it is good. After looking at their AFS this company does not have much debt, many debt maturity for long term only.Recently it got technical pullback, looking at FA this company got good business prospect, with the implementation of nationwide digitalization can expect more growth for Omesti.

Widad TA all indicates trend reversal.. Divergence, macd crossed going upper while EMA 5 just crossed EMA 10. Whats more seems like it is moving to form reverse hammer pattern. So lets see tomorrow if can close green then can confirm a trend reversal. Not buy/sell call, just to teach u people stop speculating and do TA instead

Bad things happen, ofc could affect conpany image or share price a bit but it won't be long. Last time similar things happen to CIMB, only lasts for few days then voila recovered. GHL did the right thing with their first action by releasing official statement for further investigation.

High borrowings/debts mainly due to their nature of business.. Must aware the projects that they awarded with lss1, lss2, lss3, wte are still in progress.. Current revenue was contributed from 47MWDC generated by their solar farms, it is expected tis year up to 200MWDC to be generated from their solar farms.. This would means their next QR going to be HUGE..

Looking at KLCI today and comparison with the retracement of other stocks u can see how tough solar players is, they survived with minor damage. US currently is pushing the world for a positive climate changes, a conference for climate change are to take place tonight. This only means 1 thing, a push for global renewable energy.

Not many know Scable sell PV

If the EMA 10 able to withstand today chances is the price to rebound is very high likely.

Politics messed up this counter. Such strong FA counter yet undervalued..

IRIS is like gamble, once politics stabilised it most probably see strong rebound. Tonight UMNO will decide whether to stick with government or to split. Do not forget one of the key member in IRIS are UMNO key member.

40% or atleast rm10b can be rewarded to multiple local contractors

East Coast Rail Link (ECRL) project owner Malaysia Rail Link Sdn Bhd (MRLSB) and main contractor China Communications Construction Co Ltd (CCCC) have reached an agreement for CCCC to appoint local subcontractors and suppliers for at least 40% of the civil works of the ECRL project excluding tunneling works - https://www.klsescreener.com/v2/news/view/774589

East Coast Rail Link (ECRL) project owner Malaysia Rail Link Sdn Bhd (MRLSB) and main contractor China Communications Construction Co Ltd (CCCC) have reached an agreement for CCCC to appoint local subcontractors and suppliers for at least 40% of the civil works of the ECRL project excluding tunneling works - https://www.klsescreener.com/v2/news/view/774589

Weird, Scable counterparts SCGBHD is now at 0.52 yet scable still at 0.45, this gap is weird since both are cable company and Scable generate better revenue than scgbhd..

Tech company with RM1.1 billion in revenue to be traded at 0.25? Who says JCY not related with IR4? Look at their market segment

Heard tomorrow got show.. Any news?

Btw, not buy or sell call. Trade at your own risk

My chart analysis expecting tawin to fly tomorrow, but the main condition must be fulfilled which is the market trend must still siding on industrial. Macd about to cross, rsi already did and the ema is going high seems to be

Got mine at 0.13..feels bad with guys livin executive suite

Oh fk, sharks inside and is keeping the price range 10c-15c . We can expect covid19 sentiment to be at high point now, especially when US citizens abandoning their SOPs for christmas,plus pfizer vaccination rates only at 500k/week in US..

Its not our political uncertainty, its brexit affecting asian market..but now the sentiments are mixed with US stimulus talks, might rebound this afternoon.

According to technical analysis, AT system right now is in deep correction. Might reach 0.155-0.165 before rebound.This Counter is way too heavy, need to lose his weight first to fly.. - not a buying/selling call, trade at your own risk. Goodluck

No idea @Cutlost, TA sometimes wrong thats why I wish I am wrong just dont want anyone lose money. Still, trade with cautious. Not buy/sell call.

O bois, I was doing technical chart (since I was curious) on Bintai this night only to realised that, the ema10 and Macd hinting this is such a strong retrace.. Not sure if I am right or wrong since I am no expert. I should revisit here again tomorrow wishing I am wrong. - Not a buy/sell call, Trade at your own risk btw.

Pfizer shares, 6 deaths. It only affect them negatively for a day then rebound back the next day.

I told u the catalyst is strong, just look at construction index..but some retard says we made up stories

@Striker Investing r to be one step ahead than others.. I am not trading I am investing. Even GSC-CIMB research mentioned that for 2021 we can expect condtruction projects worth around RM143 billion. Doesnt matter if Ekovest are the lowest at the moment, the point is construction sector are recovering graph don't lie..

Btw not buy/sell call, trade with caution. Goodluck

KUALA LUMPUR (Sept 8): Ekovest Bhd is going to start exclusive negotiations to acquire 40% of the equity stake held by Iskandar Waterfront Holdings Sdn Bhd (IWH) in the joint venture company that is taking part in the Bandar Malaysia project.

IWH is 63% controlled by Ekovest chairman Tan Sri Lim Kang Hoo, while the Johor state government's Kumpulan Prasarana Rakyat Johor Sdn Bhd holds the remaining 37%.

In a stock exchange filing, Ekovest said it was offered the opportunity — via a letter it received today from IWH — to explore the company's participation as a strategic investor in the development by taking up IWH's stake in IWH CREC Sdn Bhd (IWC-CREC).


IWH-CREC is a 60:40 joint venture between IWH and China Railway Engineering Corp (M) Sdn Bhd (CRECM) — a wholly owned company of China's state-owned China Railway Group Ltd (CREC). IWC-CREC had on Dec 17, 2019, inked a restated and amended share sale agreement with TRX City Sdn Bhd to buy a 60% equity interest in Bandar Malaysia Sdn Bhd — Bandar Malaysia's master developer — for RM7.41 billion.

Ekovest's announcement comes less than two months after it was revealed that TRX City, an indirect wholly-owned unit of Malaysia's Ministry of Finance, had given IWC-CREC a four-and-a-half-month extension to pay the balance RM1.1 billion upfront deposit for the stake buy.

In a written Parliamentary reply dated July 15, Finance Minister Tengku Datuk Seri Zafrul Aziz said the deadline had been moved to Sept 15 from April 30, due to the Covid-19 outbreak. At the time, TRX City had received RM148.2 million of the RM1.24 bilion advance from IWH-CREC.

"The board of directors of the company wishes to announce that the board has agreed to commence exclusive negotiation to finalise with IWH in relation to the Proposal, with a view towards entering into agreement within 30 market days from the acceptance of the letter, unless extended with the consent of both parties," Ekovest said in its filing today.

The proposal, said Ekovest, is subject to the approvals, waivers or consents of all relevant parties which include, among others, CRECM and TRX City.

"IWH takes cognizance of Ekovest as being one of its long-term trusted business partners that has the necessary skills and technical know-how to undertake largescale infrastructure developments. The Bandar Malaysia project is a prime national economic project, in which Ekovest’s direct participation and investment in IWH-CREC will potentially generate billions in order book sales arising from future infrastructure and development of Bandar Malaysia, which has an estimated gross development value (GDV) of approximately RM140 billion," said Ekovest, adding the outcome of the negotiation will be announced in due course.

Ekovest shares closed 1.5 sen or 2.88% lower at 50.5 sen today, giving it a market capitalisation of RM1.34 billion. Year to date, the counter is down 35.7% from when it was trading at 78.5 sen.

CA, TA, FA and the catalyst of HSR/Bandar Malaysia are indicating uptrend. If it declining tomorrow I have no idea how the hell it can happen.

The market is good today, but the company fked up themselves..

Ekovest will only growing to RM0.6+ next year since it going to follow major projects sentiments..

@YJA Hammer candlestick is bad, but if the price went higher with support of strong catalyst its effect could be nullified.