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.

https://www.thestar.com.my/business/business-news/2019/02/01/property-goodies/

https://www.thestar.com.my/metro/metro-news/2019/02/07/property-expo-offers-a-range-of-incentives-for-buyers/

Govt has started to help stimulate and generate more sales for the developers........signs of hopes??

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=92285&name=EA_GA_ATTACHMENTS

http://www.sinchew.com.my/node/1831891/%E4%BC%A0lrt3%E6%96%B0%E5%90%88%E7%BA%A6%E6%9C%88%E5%BA%95%E6%95%B2%E5%AE%9A%EF%BC%8E%E5%BB%BA%E7%AD%91%E8%82%A1%E6%AC%A2%E8%85%BE

http://www.sinchew.com.my/node/1828733/%E9%94%80%E5%94%AE%E8%A7%A6%E5

http://www.theedgemarkets.com/article/national-homeownership-campaign-begins-march-offering-completed-homes-least-10

Have to wait for the launching of the second phase of its Pavilion Embassy to further unleash the upside potential of GOB. Its 2018 annual report revealed that the first phase comprising 3 tower blocks launched in Sept 2017 had already achieved 81% take-up rate....

So GOB may start reporting much stronger earnings in the next few quarters when the construction stage reaches more advance stage to be able to recognize more profits from the phase 1 of the project.

The entire Pavilion Embassy project has a total GDV of RM1 billion.

https://www.malaysiastock.biz/GetReport.aspx?file=AR/2018/7/31/1147%20-%200901317493232.pdf&name=GOB%20Annual%20Report%202018.pdf (see page 21)

https://www.youtube.com/watch?v=-GSCkHksmU8

http://pavilionembassy.com/
https://1pavilion.com.my/previewing-now/pavilion-embassy-kuala-lumpur

Danny has to sell down some shares in order to comply with the minimum 25% shareholding held by the public. Otherwise the counter can be suspended by Bursa.

https://www.facebook.com/pg/elysiamedini/photos/?tab=album&album_id=1539251416180236

The company is likely to divest its non-core asset ie W Hotel and other land bank to further de-gear to save interest expense, and raise its cash holding further....

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=203360&name=EA_FR_ATTACHMENTS

Its net asset per share actually improved to 23 sen from 21 sen six months.

Its total shareholders funds actually increased by RM50mil to RM532mil based on its balance sheet.

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=91054&name=EA_GA_ATTACHMENTS

https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5038

Very good result but have to keep for long long term.....

http://land-general.com/property-development#overseas

http://hiddenvalleyland.com.au/

Just wonder how much the 2500 acres Hidden Valley land bank is worth today for L&G.......

http://land-general.com/assets/upload/LnG_2018%2008%2029_1QFY19.pdf

Target Price: 27 sen

https://tradingeconomics.com/commodity/steel

L&G plans to launch three projects in the Klang Valley worth RM4.2bn next year.

https://www.edgeprop.my/content/1422441/lg-plans-launch-three-projects...

https://tradingeconomics.com/commodity/steel
https://gensteel.com/building-faqs/steel-building-prices/forecast

Very good Q4 result.

https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=6...

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=201726&name=EA_FR_ATTACHMENTS

Good news from its quarterly result announcement:-

'Petronas has confirmed termination of the RSC agreement. The modalities for
handover of the operations and novation of contracts are on-going. Reimbursement
of capital and operating expenditure will be subject to audit and finalization by
Petronas.'

http://malaysiastock.biz/Company-Announcement.aspx?id=1080984

Great. Just got on board @ 77.5

http://www.theedgemarkets.com/article/bnm-roll-out-special-housing-loan-next-month-says-mof

The features of the scheme include giving flexibility to banks in lending guidelines for first home buyers, requiring first home buyers to attend financial counselling to ensure they receive adequate financial advice before taking a housing loan, as well as reducing the overall cost of first home ownership such as stamp duty and insurance.

Recovery signs for property market...authorities finally acting on it.....?

https://www.theedgemarkets.com/article/prices-kl-highend-condos-rise-44-2q-property-mart-looking-better-days-ahead-says-consultant

http://www.agilemalaysia.com.my/bukit-bintang

https://youtu.be/yKFUhuAY7uo

https://www.theedgemarkets.com/aa/tong/portfolio

Scomi Energy said it has submitted a letter to Petroliam Nasional Bhd, or Petronas, to terminate the risk sharing contract for the Ophir oilfield, which was not able to restore production of the wells.

"Subject to Petronas' consent, as owner of the field, Ophir will hand over the operations, novate all existing contracts and secure the imbursement of capital and operating expenditure for the development."