If the offer price for the buyout is fair or even at premium, personally view this can be a good exit opportunities of highway business for the company.

Regardless of any scenarios, Ekovest share is way too undervalued. If government buys out the highway business, Ekovest shareholder receives cash equivalents in return. This cash compensation should be a fair reflection of the intrinsic value that covers the potential future earnings of this cash cow asset. Hope investors stay rational and avoid being too emotionally attached to the highways, though undeniably, it is not uncommon to see investors' worry over losing this cash-making business.

Second to your opinion. @CentnSenses.

Toll operator should be neutralised upon compensation at fair value.

Can abolish, but pls compensate first ?

Unless government issues bond to buy back the asset, but this is placing the sovereign credit risk rating at risk.

It comes with ability to do so. If it can’t pay, how to abolish ?

Can someone enlighten me how to buy things cheap? Don’t talk non sense as if someone can just claim ownership over another’s asset with little cost as long as he feels it is a right move,. The law governs.

@stupid, I can’t understand how you twist and turn. If the highway was bought out, cash will be retained with Ekovest, and as a businessman do you think the management will just keep free cash ?

Dear all, to abolish toll, there should be fair compensation, otherwise it will be no different from an act of robbery.

Highway concession business is not illegal. On what basis government will confiscate this business without fair compensation ? Obviously, those badmouthing the value of this company is making baseless comment.

Those who is spreading panic to other, is it possible the share be sold down to 10sen? Hahah I must be insane if I hear yes from you.

@ stupid, Investor will still get the money, because the asset is under Ekovest, not Botak individual name.

Duke is fairly new highway, it can’t be affected, my humble opinion is, if duke highway is to remove the toll charges, the only way is to have the gov to buyout and you know, it costs money to buy out. In the interim, do not think these are where the spending Budget should prioritize as there are more important things for the new government to action on.

Drop with no sense.

This is too little. It should jump up to price level before the announcement of merger proposal last year.

Terrible counter, go invest overseas stock ETF better

Let’s see the price tomorrow

Give it some time to perform. It will rise.

Alamak no more below RM1 Liao......

Halite, I like your positive view on this ! Cheers

Reckon it is not a dream to reach RM3 by end Dec 2018. Hold tight and sleep well, and collect dividend.

How are you Superbull? I miss hearing your contrarian view...........

Everyday up 6 cent, good good good !!!

Those people who previously asked people to madly sell off the stock, I think they bought the most previously. Don't be so fake next time!

Shopping spree ! Buy buy buy !

Up up up

This stock is on holiday mode.

Overweight on this stock, as the current price does not reflect the fair value yet.

Should overweight this stock

Overweight this stock

Go cover your eyes and enjoy your well deserved holidays of the year, be it enjoying wine-tasting at a vineyard in Bordeaux, or having a cup of brewed coffee in a cosy coffee bar in Melbourne, or enjoying your great shopping spree in London. Don't get affected by this price movement, everything will be good in Jan 2018.

I think December is a good month for Holiday, so no one support the share price. In 2018, reckon this stock will come alive ! happy holidays everybody ! All's well that ends well!

Better go ahead with the merger lah, can internalize the sustainable earning over a period of time due to Greenland purchase of land from IWC. It is published in IwC quarter report. So, those who claim that the proposed acquisition is a bail out by Ekovest, it can be untrue.

very strange if the drop stills persists. It is not loss making with billion of order book on hand. The market is really insane. Anyway it creates buy opportunity as the safety of margin is there.

IWC should tap on this exit opportunity in tandem with the government's call to freeze new property development that targets at premium market. Affordable developer will not be affected int his regard. As such this is not in favour of IwC unless you told me that IwC should transform to become an affordable housing developer. But considering all the premium land bank in Iskandar areas, do you think it is a wise move for IWC to build affordable housing to accommodate the call of the government directives? Of course not, and as such what is the next move to sustain IwC in the short run amidst housing development project on restriction currently in Malaysia ? I think you should know whether getting IwC to marry ekovest is a good and strategic action.

Someone's comment above is very rude. Curse other commentor stupid, silly. Do you think you are very smart? No manner!

No worries, me as an Ekovest shareholder, much appreciate this marriage. Let's leave it to the matchmaker (Lim management) to do the job.

If IwC shareholder opts for share offer, this is definitely positive for both companies shareholders, if cash offer, it will limit the upside potential for the IwC shareholder to ride on, but of course getting cash upfront is better for seller in any regard.

This can be a once in a life time exit opportunity for iWC shareholder.

I would see this is a perfect opportunity for IWC shareholder to exit. Their land sales earning is only Sustainable for a few years, thereafter the prospect can be quite gloomy. I think IwC should appreciate Ekovest more as a white knight in this regard,than a buyer trying to leech on IWC. Ekovest need not tap on IWC to survive, but IWC would need. Just my 2 cent.

Iwcity shareholder should join Ekovest to participate in the upside pontential through the acquisition deal.

Sure BOH @superbull ? Target price RM 10 is 10 folds leh

Look forward, when open, GAP up to 1.50. Laugh laugh laugh!

That is very encouraging if Ekovest is buying the income stream of IWC.

Hahahahahaha laugh laugh laugh

What legal range ? Can enlighten us ?

Keep your good faith in this counter. It is very unusual if the price does not move given decent quarter result. There may be deliberate force without us knowingthay is suppressing the price from moving up.

I like the misinterpreted headline by the way

Hahaha sometimes it requires such misinterpretation from newspaper that is in favour of our position. I know it is the incorrect interpretation, but it is good for Ekovest shareholder like you and me. Cheers for the day, happy trading !

Agree! As what I mentioned above.