probability, I am truly thinking about this option, something big is surely coming out from Ekovest in next few months

Lousy report

Everyday quietly collect....

Mr Calvin is always full of energy, truly admire :)

Saw this on the news:
SC reprimands and fines two Dufu executive directors
http://www.thestar.com.my/business/business-news/2016/09/28/sc-reprimands-and-fines-two-dufu-executive-directors/

Why UOB said sell TekSeng & Airasia, you listen. Why UOB said buy you said biased. What is your stand & basis? Cheated?

It was even quiet when price was around RM0.45.

This forum is always quiet, most of the time only few people exchanging opinions.

Look at George Kent & Gadang, when results out, market only realise the true value.

Since I am in the collection mode, so the cheaper the better.

Thought the sales should be contracted & locked in... hmmmm.....

This is fair request, well said, Hui Xin Sim.

Posted by Hui Xin Sim > Sep 27, 2016 05:15 PM | Report Abuse
bursa should give tekseng a UMA to answer all the question.... quite hard to get the info.... i hope mr loh can clarify the question....

probability, you have something that I don't have, so we all learn each others :)

Thank you very much for your praise, connie

welcome, ffforever

hehe

Sorry, should be both pointed at the same direction :)

Haha, I look at business point of view & probability look at operational point of view, both said the same thing

Huge debts 3.2billion
Losses last 3 years 2.4billion
I will say = NO HOPE

Even senior staff said need miracle to revive

Please go google to search what are those under investigation, look at the pictures from the search results.

Who said HRC has been imposed extra duties? Please read carefully below:

The Government of Malaysia (GOM) has initiated two (2) safeguard investigations on
imports of Steel Concrete Reinforcing Bar (REBAR) and Steel Wire Rod (SWR) &
Deformed-Bar-in-Coil (DBIC) based on petitions filed by the Malaysia Steel Association,
on behalf of the domestic industry producing REBAR and SWR & DBIC. The Petition
alleged that importations of REBAR and SWR & DBIC into Malaysia have increased
from 1 October 2012 to 30 September 2015 in absolute and relative terms which have
caused serious injury to the domestic industry in Malaysia.

http://www.miti.gov.my/miti/resources/Media%20Release/PR-ENG-PD_REBAR_SWR_vF.pdf

ffforever, hope the above help in getting the right picture what is going on now.

As usual, it's your money, you decide. I hope all can make good money since we are all here already.

So, the only final winners are CRC players, not other steel producers.

Those like to muahaha, please continue to muahaha, since you don't know anything

Who said HRC has been imposed extra duties? Please read carefully below:

The Government of Malaysia (GOM) has initiated two (2) safeguard investigations on
imports of Steel Concrete Reinforcing Bar (REBAR) and Steel Wire Rod (SWR) &
Deformed-Bar-in-Coil (DBIC) based on petitions filed by the Malaysia Steel Association,
on behalf of the domestic industry producing REBAR and SWR & DBIC. The Petition
alleged that importations of REBAR and SWR & DBIC into Malaysia have increased
from 1 October 2012 to 30 September 2015 in absolute and relative terms which have
caused serious injury to the domestic industry in Malaysia.

http://www.miti.gov.my/miti/resources/Media%20Release/PR-ENG-PD_REBAR_SWR_vF.pdf

So, the profit of CRC players are sustainable due to still closed megasteel

The increased margin was because of saving in raw materials (HRC) due to closure of megasteel & all CRC mills can sourced from oversea which are much cheaper.

Look at the price of CRC, it didn't go up after the imposition of anti-dumping duties, it went up because of China's CRC went up.

The problem is everyone think safeguard/imposition of extra import duties will surely increase the price of protected steel products.

It is totally wrong concept

The increased margin was because of saving in raw materials (HRC) due to closure of megasteel & all CRC mills can sourced from oversea which are much cheaper.

Look at the price of CRC, it didn't go up after the imposition of anti-dumping duties, it went up because of China's CRC went up.

The problem is everyone think safeguard/imposition of extra import duties will surely increase the price of protected steel products.

It is totally wrong concept

all keep assuming all steel producers will benefit from closure of megasteel. In fact, only CRC producers will benefit the most.

Now, The Government of Malaysia (GOM) has initiated two (2) safeguard investigations......

safeguard what? investigations of what? then selling everything without knowing what are going on.

Hi probability, all keep assuming all steel producers will benefit from closure of megasteel. In fact, only CRC producers will benefit the most.

Now, The Government of Malaysia (GOM) has initiated two (2) safeguard investigations......

safeguard what? investigations of what? then selling everything without knowing what are going on.

Even cost become cheaper due to depreciation of RM also can't help to retain those MNCs, something to think deep.

----------------------------------------------------------------------------------
In July, it was reported that American hard disk maker Seagate Technology Plc and computer data storage firm Western Digital Corp (WD), would be relocating the bulk of their operations to Thailand. Seagate's Penang facility is said to have over 3,000 Malaysian staff, while WD was expected to lay off 400 Malaysian staff and 800 foreign workers from its Penang manufacturing site.

Read More : http://www.nst.com.my/news/2016/09/176226/another-wave-retrenchments-hits-penang-manufacturing-sector

At least we can learn from ttb how to make people worship him without looking at facts. That's how people get rich. Ttb is no different from those policitians in malaysia, use mouth to earn money

Those disappointed one already sold off their icap shares, those attended agm are those still trust ttb, so sure passed lah

Thank you, probability & PitBulL

I started to look at this counter when I first used Duke from Jalan Duta to Jalan Ampang last 2 weeks.

After talking with some friends who grown up in KL, Jalan Ampang has never widened up, still remained 2 lanes after more than 30 years due to surrounding fully developed areas.

While many Kajang people are also using Jalan Ampang to come to KL, Jalan Ampang is always nightmare during morning & evening times.

I went to wrong way the next day & used Jalan Ampang after turning from Jalan Tun Razak, it took me 10 minutes for 1km drive, that was 9pm.

Naturally, Duke has become the better option in saving travelling time.

I start to look at this counter when I first used Duke from Jalan Duta to Jalan Ampang last 2 weeks.

After talking with some friends who grown up in KL, Duke is very useful because Jalan Ampang has never widened up, still remained 2 lanes after more than 30 years due to surrounding fully developed areas.

While many Kajang people are also using Jalan Ampang when coming to KL, Jalan Ampang is always nightmare during morning & evening times.

I went to wrong way the next day & use Jalan Ampang by turning from Jalan Tun Razak, it took me 10minutes for 1km drive, that was 9pm.

Naturally, Duke has become the better option in saving travelling time.

Construction outfit Ekovest Bhd expects to surpass the RM1 billion revenue mark by its financial year ending 30 June next year, driven by strong outstanding order book of RM5.3 billion.

http://klse.i3investor.com/blogs/moneymoney/105124.jsp

Construction outfit Ekovest Bhd expects to surpass the RM1 billion revenue mark by its financial year ending December 31 next year, driven by strong outstanding order book of RM5.3 billion.

Other than that, Lim said, the group was pre-qualified for the Light Rail Transit Line Three and Mass Rapid Transit Line Two.

http://klse.i3investor.com/blogs/moneymoney/105124.jsp

Construction outfit Ekovest Bhd expects to surpass the RM1 billion revenue mark by its financial year ending December 31 next year, driven by strong outstanding order book of RM5.3 billion.

Other than that, Lim said, the group was pre-qualified for the Light Rail Transit Line Three and Mass Rapid Transit Line Two.

http://klse.i3investor.com/blogs/moneymoney/105124.jsp

Fly fly fly, all fly no matter what today

Haha, breaking 1.0 today is possible?

The audited balance sheet of Kesturi presented by WealthWizard has proved it very useful

I like your statement, Jay:

most debts are secured against highway and will be self financing by itself

It proved the calculation is reasonable reflecting the actual situation of Ekovest, truly thank you, WealthWizard, for guiding us to understand how to look at Balance Sheets of Ekovest & Kesturi.

It is true where sometimes the newspaper is very confusing. See below:

Ekovest Bhd, controlled by property tycoon Tan Sri Lim Kang Hoo, has issued a RM2.48 billion bond programme to part finance the construction of Phase 2 of the Duta-Ulu Kelang Expressway (DUKE).

In fact, it was KESTURI that issued the bond, not Ekovest.

Thank you again for leading us to undestand above, WealthWizard

Wow, very good discussions here, not seeing in other place, well done, Jay & WealthWizard.

But now steel stocks are hot now, not fly yet, good to buy more :)

Hehe, my profit is flying here today