Buy and prepare for 30% limit ylup

KUALA LUMPUR (Feb 14): The FBM KLCI cut losses after settling 0.69 point or 0.04% lower at 1,538.47 during Bursa Malaysia's afternoon close as Asian equities rose with US stock futures on expectation that the Covid-19 outbreak may prompt global central banks to keep interest rates low to support their respective economies.

In theory, lower interest rates are good for equities. Among US stock futures at the time of writing, S&P futures rose 6.75 points or 0.2% while Nasdaq futures added 32 points or 0.33%.

The operators won't make an u turn easily, they had swollen a lots. Just buy if still below rm 1

Go Go Ekovest Go!

Construction stocks gain momentum
MARKETS
Friday, 14 Feb 2020
By TOH KAR INN

https://www.thestar.com.my/business/business-news/2020/02/14/construction-stocks-gain-momentum

-A+A
KUALA LUMPUR (Feb 14): The FBM KLCI cut losses after settling 0.69 point or 0.04% lower at 1,538.47 during Bursa Malaysia's afternoon close as Asian equities rose with US stock futures on expectation that the Covid-19 outbreak may prompt global central banks to keep interest rates low to support their respective economies.

In theory, lower interest rates are good for equities. Among US stock futures at the time of writing, S&P futures rose 6.75 points or 0.2% while Nasdaq futures added 32 points or 0.33%.

Across Bursa at 12:30pm, 1.59 billion shares worth RM1.08 billion were traded as global markets took cue from updates on the global Covid-19 outbreak, which started in China's Hubei province's capital Wuhan.

Reuters quoted Ryutaro Kimura, a fixed income strategist at Axa Investment Management, as saying Axa expected "considerable impact" on the global economy as China now accounts for around 17% compared to 4% during the SARS outbreak in 2002-2003, and it is integral to more supply chains.

"That means countries are likely to keep interest rates low for a longer period, keeping global bond yields low. Such an expectation in turn is supporting the world's share prices," Kimura said.

Bloomberg indicated that China’s Hubei province reported 4,823 additional coronavirus cases, confirming that the nearly 15,000 reported a day earlier was a one-off situation due to a new method for counting infections.

"The latest figure is still roughly double what the province was reporting daily before the new method was used, and sets a new benchmark to measure the outbreak. The death toll in China was at 1,380, lowered by more than 100 to account for some double-counting, while total cases topped 63,000," Bloomberg reported.

Across Bursa, top decliners included KLCI stocks Public Bank Bhd and Hong Leong Financial Group Bhd. Leading gainers included Carlsberg Brewery Malaysia Bhd and Yinson Holdings Bhd.

Most-active stocks included My EG Services Bhd and Ekovest Bhd

https://www.theedgemarkets.com/article/ekovest-associate-pls-after-shareholders-approve-bonus-issue

Go Go Ekovest Go

Asia stocks mostly rise as investors await China’s tariff cuts on some US products
PUBLISHED THU, FEB 13 20206:43 PM ESTUPDATED 2 HOURS AGO

Eustance Huang
@EUSTANCEHUANG
KEY POINTS
Stocks in Asia mostly rise by Friday afternoon.

EKOVEST will break 0.80 very soon. Buy or you will regret again roger3210

It's safe to invest in construction counters in this few months

More good news to come, including hrs and bandar Malaysia project.

KUALA LUMPUR (Feb 11): The proposed economic stimulus package is expected to address the cash flow problem affecting businesses, among others, in the wake of the 2019 novel coronavirus (COVID-19) outbreak.

The government is also expected to introduce initiatives to encourage domestic spending and spur tourism to generate business growth through higher domestic demand.

An announcement on the stimulus package will be made soon, the Ministry of Economic Affairs’ Economic Action Council (EAC) secretariat said in a statement today.

The second EAC meeting for 2020 was held in Putrajaya today and chaired by Prime Minister Tun Dr Mahathir Mohamad.

The meeting specifically discussed the impact of 2019-nCoV outbreak on the country's economic growth.

Among sectors identified to be most affected by the outbreak are the services industry such as tourism, retail and aviation.

In this regard, the EAC said the Ministry of Finance was in discussions with various ministries, agencies and industries, as well as service providers to seek input for the economic stimulus package.

During the meeting, the EAC also discussed proposals to reform the local capital market to help it grow and develop inclusively.

The proposals are in line with the changing capital market and financial technology landscape, as well as meet the expectations of industry players and investors.

At the same time, the move would further strengthen the regulatory and institutional foundation.

For this to materialise, the EAC has agreed that the existing forum should be proactively streamlined to allow stakeholders, including securities regulators, capital market authorities and the central bank, as well as industry players to work more closely together.

In line with the Shared Prosperity Vision 2030 and the principles of inclusive development, the meeting also discussed on proposals on holistic development and upgrading of the socio-economy of the Orang Asli community.

Among major issues touched were ownership and development of the community’s customary land, access to health services, education and skills training, provision of basic infrastructure and economic development.

The EAC also agreed that a more specific action plan needed to be implemented soon to address the issues with the cooperation of all state governments

https://www.theedgemarkets.com/article/guan-eng-stimulus-package-be-unveiled-early-march-latest

Stimulus package will announce soon. It's not a rumours.

Breaking 0.80.
Buy before it's too late!!

Let's go EKOVEST!!!

Although the FBM KLCI remained frail, the lower liners continue to demonstrate resilience on the back of rotational play. We also note that trading interest was particularly firm in the construction sector amid reports on the upcoming resumption of KL-Singapore High Speed Rail,” it added.

Stupid small court case.



Warriors88 ECSB claims for general damages
By Alvin Tang - July 5, 2019
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KUCHING: Ekovest Construction Sdn Bhd (ECSB) has claimed for general damages from Samling Resources Sdn Bhd (SRSB) for what it claimed as “wrongful termination” of the joint venture and shareholders agreement they have entered into in relation to jointly undertake the Pan Borneo Highway project.

The wholly-owned subsidiary of Ekovest Bhd (Ekovest) has served a notice of arbitration to commence arbitration proceedings against SRSB, Ekovest said in a filing with Bursa Malaysia.
13/02/2020 2:05 PM

Go Go EKOVEST Go!!!

Rm1-rm2 is making

Ekovest will break 0.80 very soon.

SSE Composite Index up!!!!!!!
000001 (SHA)
2,914.75
Price increase 8.68 (0.30%)

The PTMP project, estimated to cost RM46 billion, encompasses an undersea tunnel connecting the island to the mainland, highway, LRT, monorail and a bus network on the island and Seberang Perai. — Bernama

https://www.malaymail.com/news/malaysia/2020/02/13/ptmp-construction-work-on-lrt-pil-psr-to-begin-by-q4-2020-says-chow/1837288

Bank Negara governor Datuk Nor Shamsiah Mohd Yunus hinted at another cut in key Overnight Policy Rate (OPR) following the 25 basis point reduction to 2.75 per cent last month, the lowest point since March 2011.

https://www.nst.com.my/business/2020/02/565096/bank-negara-cut-rate-march

Good news for EKOVEST, IWCITY and construction sector.

Buy! Go go EKOVEST Go!

Limit up today?

Limit up next week?

https://www.enanyang.my/news/20200213/%e4%b9%a0%e8%bf%91%e5%b9%b3%e4%b8%8e%e6%95%a6%e9%a9%ac%e7%94%b5%e8%af%9d%e8%81%8a%e4%bb%80%e4%b9%88%ef%bc%9f/

https://m.facebook.com/story.php?story_fbid=2547936495476326&id=1389552721314715

https://www.theedgemarkets.com/article/ekovest-associate-pls-says-durian-returns-can-easily-overtake-oil-palm-earnings

https://www.klsescreener.com/v2/news/view/636360

MIDF Research mengunjurkan ekonomi Malaysia untuk berkembang pada 4.5 peratus pada tahun ini disumbangkan oleh kestabilan permintaan domestik dan pemulihan bagi sektor perlombongan dan pembinaan.

https://www.malaysiakini.com/news/510734

Prestasi ekonomi negara lebih baik berbanding serantau: Azmin
NOZINA YAHAYA | | 13 Februari 2020
SHAH ALAM – Prestasi ekonomi Malaysia yang dicatatkan pada tahun 2019 adalah lebih baik berbanding beberapa negara serantau yang mencatat perkembangan lebih rendah.


Menteri Hal Ekonomi, Datuk Seri Mohamed Azmin Ali berkata, prestasi ekonomi yang menyederhana ini berikutan prestasi ekonomi dunia yang mencatat pertumbuhan lebih perlahan sejajar dengan kelemahan dalam aktiviti perdagangan global.

Katanya, kerajaan akan terus memantau perkembangan semasa bagi memastikan pertumbuhan ekonomi kekal kukuh di samping menjamin keselamatan, kesihatan dan kesejahteraan rakyat.

“Pakej rangsangan ekonomi juga sedang diperincikan untuk menyokong pertumbuhan ekonomi dan pada masa yang sama memberi keutamaan kepada kesejahteraan rakyat.


“Kerajaan juga akan memastikan projek pembangunan yang telah diluluskan bagi tahun 2020 serta inisiatif baharu di bawah pakej rangsangan ekonomi yang akan diperkenalkan pada penghujung Februari 2020 dapat dilaksanakan dengan segera,” katanya dalam satu kenyataan di sini hari ini.

Mohamed Azmin berkata, langkah kerajaan untuk mengurangkan kadar tol dan memastikan harga petrol yang stabil akan membantu meringankan beban sara hidup rakyat di samping memperkukuhkan pelancongan domestik.

“Tambahan pula Bank Negara Malaysia telah mengurangkan Kadar Dasar Semalaman (OPR) kepada 2.75 peratus pada 22 Januari 2020 yang turut akan menyokong pertumbuhan ekonomi dalam negeri agar terus berkembang.

“Menyedari kepentingan untuk mengurangkan kos sara hidup rakyat, langkah yang diambil oleh kerajaan sebelum ini bagi mengurangkan harga petrol dan pengenalan semula cukai jualan dan perkhidmatan (SST) telah mengurangkan kadar inflasi kepada 0.7 peratus (2018: 1.0 peratus) dan seterusnya mendorong kepada peningkatan kuasa beli rakyat.

“Ini membolehkan rakyat meningkatkan perbelanjaan untuk keperluan hidup juga dapat dilihat melalui perbelanjaan dan penggunaan swasta yang tinggi,” katanya.

Ujar beliau lagi, prospek pertumbuhan ekonomi bagi tahun 2020 dijangka terkesan ekoran wabak koronavirus (Covid-19) menyebabkan berlakunya gangguan bekalan global.

“Kerajaan sedang mengambil langkah proaktif yang boleh mempergiatkan lagi aktiviti ekonomi dalam negeri di samping terus menggalakkan eksport terutamanya produk berkaitan penjagaan kesihatan, elektrik dan elektronik dan keluaran berasaskan kelapa sawit,” katanya.

https://www.sinarharian.com.my/article/69963/BERITA/Nasional/Prestasi-ekonomi-negara-lebih-baik-berbanding-serantau-Azmin

Clown roger3210 need to get lost from the forum, lots of investors missed the 12% profit in one day, because of him.
Please be gentleman and responsible. Please get lost, roger3210.

Lots of investors missed 12% gain in one day, because of roger3210

Well done for EKOVEST fans.
Uptrend will continue, pm tun Mahathir will announce the stimulus package, ts lim kh will do the good announcement at the same time. Rm1 -Rm 2 very soon.

EKOVEST will rebound after force selling by contra player after 430pm

Ph government and ts lim kh will do a good job for construction index.
No need to worry!

PM to announce stimulus packages involving all ministries
ECONOMY
Thursday, 13 Feb 202012:31 PM MYT

Prime Minister Tun Dr Mahathir Mohamad will announce a stimulus package that involves all ministries on expectations the economy will be impacted by the coronavirus (Covid-19) especially in the first quarter.

Stupid small court case.



Warriors88 ECSB claims for general damages
By Alvin Tang - July 5, 2019
Share
Tweet
Share
Pin
KUCHING: Ekovest Construction Sdn Bhd (ECSB) has claimed for general damages from Samling Resources Sdn Bhd (SRSB) for what it claimed as “wrongful termination” of the joint venture and shareholders agreement they have entered into in relation to jointly undertake the Pan Borneo Highway project.

The wholly-owned subsidiary of Ekovest Bhd (Ekovest) has served a notice of arbitration to commence arbitration proceedings against SRSB, Ekovest said in a filing with Bursa Malaysia.
13/02/2020 2:05 PM

PM to announce stimulus packages involving all ministries
ECONOMY
Thursday, 13 Feb 202012:31 PM MYT

Prime Minister Tun Dr Mahathir Mohamad will announce a stimulus package that involves all ministries on expectations the economy will be impacted by the coronavirus (Covid-19) especially in the first quarter.

https://www.thestar.com.my/business/business-news/2020/02/13/pm-to-announce-stimulus-packages-involving-all-ministries

Ts lim kh is the smart businessman

It's safe to buy now. It's safe for the whole month.
Ts lim kh will take this opportunity to announce the good news.