https://www.thestar.com.my/business/business-news/2019/07/04/china-factor-missing-from-bursa-malaysia/

https://malaysiastock.biz/Company-Announcement.aspx?id=1154414

https://malaysiastock.biz/Company-Announcement.aspx?id=1151849

KENANGA GROWTH FUND buying into this company with an accumulated 5.77% stake???

http://malaysiastock.biz/Company-Announcement.aspx?id=1146800

http://malaysiastock.biz/Company-Announcement.aspx?id=1151760

Is this a prelude to a possible selective capital repayment to privatize this company?

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=94967&name=EA_GA_ATTACHMENTS

Hohup can expect to receive RM266 mil within 12 months from the disposal of the Pavilion Bukit Jalil Mall by Malton.? (page 14 of the above hyper-link)

Between Ekovest and Iwcity, the former should be a more ideal andf feasible vehicle to undertake the Bandar Malaysia development. It has the track record and financial means as well as the existing operating cash flow to raise financing to undertake the massive development. Bankers will likely prefer the former to be the vehicle to assume the financing obligations.....

https://klse.i3investor.com/blogs/KLGLORYFURY/211544.jsp

Overseas established developers are more than happy to grab this golden opportunity to buy over such a big plot of FLAT matured land located right next to the big City of Kuala Lumpur. Such opportunity in terms of its sheer size and prime location is not easy to come by even in any part of this world.

Isola @ KLCC will start contirbuting positive results for OCR in the next few quarters as the project has finally reached the reinforced concrete framework stage whereby more profits can be recognized in the account.

https://www.ocrbhd.com/ocr-launches-rm240-million-gdv-isola-klcc-jalan-yap-kwan-seng/

https://klse.i3investor.com/blogs/Bursa_Master/205971.jsp

https://www.theedgemarkets.com/article/malaysia-asean-gain-chinas-rise-spurs-economic-growth

https://www.theedgemarkets.com/article/opr-reduction-good-move-stimulate-property-market-says-consultant

https://www.malaymail.com/news/malaysia/2019/05/07/malaysian-property-addicts-put-off-having-children-for-perfect-home-says-an/1750588

https://www.theedgemarkets.com/article/sime-darby-property-records-over-rm1b-sales-under-its-twomonth-primetime-8-campaign

Tropicana needs to learn to launch products that are wanted by the consumers and not what it wants to sell to the consumers.

That's the point. If Seacera can't pay, the JV remains in OCR's pocket. OCR got the rights to develop the 500 acres land with minimal upfront payment under the JV agreement. Fantastically good deal for OCR.

Bigger corporate raiders or developers should consider hostile takeover or buying over OCR if they want the landbank or various JVs that have been scooped up by OCR.

If Seacera wants to rescind or cancel the JV, then OCR can expect a windfall compensation. A 5% penalty or compensation based on a GDV of RM10 bil can translate into a compensation sum of RM500 mil. Huat ah!

LKH proves that he didn't short change Ekovest when he sold PLS shares to Ekovest as his own stake in Ekovest worth much more money

It's not easy to rescind the JV agreement like what's happened between Ho Hup and Malton's JV agreement many years ago. The history tends to happen again and again. Wouldn't be surprised that they learned that from the said history.

http://malaysiastock.biz/Company-Announcement.aspx?id=1137772

RM5.3bil GDV is to be derived from landed property development in a decent location. Should be easily achieved.

The existing majaor shareholder Ong Kah Hoe only has 20.% stake in OCR. He better ups his stake in the company by acquiring more shares in the market before any other sharp-eye corporate raiders zoom in and easily take control of this smallish company given its attractive JV in hand.

It will be interesting to see if such development will take place......

Give it some time. It may hit RM1.50 next week.

https://www.theedgemarkets.com/article/tropicana-inks-jda-rm478b-gdv-development-langkawi-it-drops-pantai-cenang-mou

Tropicana inks joint development agreements worth RM4.78b

Too bad that there was not enough media coverage on the good news on its RM10 bil JV. Very few people know about it

It is a direct beneficiary from Bandar Malaysia

OCR needs to pay RM3mil only within 3 months to lock in 500 acres of good land for RM10 bil property developmemt for many years. Where else can find such a fantastic JV agreemeet?

Well done finally for OCR! It surely deserves for limit up for getting such a deal, kind of buying 500 acres of land with almost no earnest deposit... Moreover no profit guarantee either!

One must check how fierce was the share price rally of IWCity in Feb, March and April 2017 in order to make a wild guess for IWCity and Ekovest for this round of rally.

How high will Ekovest go if IWCity hits limit up again this afternoon?

One should look back at the history of how much Ekovest climbed up when LKH got Bandar Malaysia in 2016. The counter actually had a long 300% bull run. Check its last 5 years chart

Wait for IWCity to hit limit again in the afternoon

It will likely go up again in the afternoon when IWCity hits limit up again in the afternoon

The company's PAT dropped 11% in 2018 as compared with that in 2017. But the share price dropped > 60% in 2018.

Maybe it's time for it to recover at least half to RM1.60 given that its fundamentals remain the same or improving with more mega projects to be unveiled or revived again....it will likely be a potential beneficiary for the proposed RTS link in JB....

https://www.nst.com.my/news/nation/2019/04/481543/malaysia-committed-ensuring-rts-link-project-continued-says-loke

This company will be a beneficiary when HSR finally takes off due to its landbank. Just wait for another 6 to 9 months when HSR theme play comes back again. HSR cannot be deferred for too long.....

https://www.thestartv.com/v/dr-mahathir-we-can-learn-a-lot-from-china

https://www.thestar.com.my/news/nation/2019/04/20/bandar-malaysia-to-take-off-again/

The warmer the relationship, the warmer the market.

Bandar Malaysia has a GDV of RM200bil.

If Ekovest can get 2% construction works, => RM4 bil , it will be nice.

High of RM1.52 + Low of RM0.42 = RM1.94
Hopefully it can recover at least half of its lost ground to RM0.97

https://www.sinchew.com.my/content/content_2040688.html

If MRT, ERL, KTM and HSR are going to have stops/stations there for connectivity in Bandar Malaysia, sooner or later the government has to kick start the development there. Of course, the sooner the better especially now that people are complaining that there are not enough of mega projects to revive or stimulate the economy.

https://www.edgeprop.my/content/1511998/inta-bina-bids-forest-city-contract

If one passes by the old Sg Besi airport nowadays, one can see a lot of mobile cranes including those with Ekovest signage undertaking construction works there. Can anyone tell what contract they are working on??
Thanks

It seems that only both CIMB and Kenanga made the right call in recommending to sell AirAsia on 22 Feb 2019. Five others are recommending a Buy....

https://klse.i3investor.com/servlets/stk/pt/5099.jsp

https://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=22728

https://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=22728

https://www.msn.com/en-my/money/topstories/lim-explains-ekovests-investment-in-his-loss-making-plantation-ops/ar-BBUZ9Y9

Lim Kang Hoo owns 692,700,000 shares in Ekovest. Any 10 sen drop in Ekovest shre price will translate into a RM69 mil paper loss to him. So, is it likely that he will try to screw up Ekovest and hurt his own investment too in the company?

Record shows that this company has been making quite decent profits over the years and he seems to be a hardworking guy in enhancing the company's value over the years too.

Second wave of rally looks like coming again for oil and gas counters in view of the rising Brent oil price

This company needs to secure another 2 to 3 hundred million ringgit worth of jobs in order to move higher

Brent oil is rising towards $70 again. Oil & gas counters can expect brighter days ahead.

@ 53.5 sen The upside potential should outweigh the downside risk by 5:1 ratio by merely judging on its projected PE and the last two years` price movement.

Like it or not, this counter is cheap based on its last 3 years and current FY YTD earnings. Just buy and keep for a year.

As a listed property & construction company, the group reported RM7mil revenue only for the last 2 quarters. Many other non-listed companies outperformed them.

It's simply not acceptable, the management team needs to wake up or be changed entirely, Sleeping on their job! They are being paid for doing so little.

Back on the uptrend based on SMA 200

PE < 5

http://malaysiastock.biz/Company-Announcement.aspx?id=1125986

Underpinned by RM3 bil orderbook and trading @ projected PE < 10x, this counter will likely meet Mr Koon Yew Yin's golden rules for stock selection

PE < 10x

Chart shows that it has moved above SMA 200.