KYY already sold off this stock

should go up any time soon

up up up

up up up

up up up tomorrow to break RM 2.00

How do you know of the results when it isnt being announced yet? very funny u HuatERex

up up up

up up up

up up up

TP RM 2.00 by end of 2017

1.51

1.42 huat huat

1.34 now huat ahh

huat ahhh

Buy as much possible to avoid disappointment.

Intrinsic value rm 12.30

too cheap at current price, will wait at 3.20

The coming results should be very good

Hope today can continue to go up Ekovest

sell sell tomorrow

got alot of sellers today....hmmm

up up

up up up

today ex div 10sen...yipie

today ex div 2.5sen

steady

up up up to break the barrier RM 3.00 tomorrow

do i see chempedak busuk on thursday?

up up up

up up up

should be ok to hold long term

Bought more at 5.05 yesterday

up up up

upcoming results should be very good

up up up

Econpile (M) S/B, a wholly-owned subsidiary of Econpile has disposed a parcel of freehold land to Tropical Broadway S/B, another wholly-owned subsidiary for MYR5m cash. The property is located in Klang, Selangor measuring approximately 130,680 sq ft.

 

The disposal is to streamline the principal activities and to unlock the value of the property through future development by Tropical Broadway S/B. Although Econpile does not have track record in property development, one cannot rule out the possibility of a JV with existing property developer.

 

For Econpile, piling remains its core activity. At present, it has 18 on-going projects, from infrastructure and property development sectors. The order book is MYR1.4b, comprising 1) MYR570.4m contract for Pavilion Damansara Heights; 2) MYR280m Maju Kuala Lumpur mixed development; and 3) MYR158m foundation and substructure works for package SUKE-CA3, just to name a few.

 

Going into 2HFY6/17, the group still has the capacity to undertake MYR100m-200m worth of jobs. Econpile will have to collaborate with other players for any project of bigger scale. The group is tendering for more than MYR1b worth of jobs, but is looking at an order book replenishment of MYR600m. By and large, there is concern that future earnings growth may slow down on higher base and capacity limitation.

 

The street is forecasting a 5% 2-year EPS CAGR for FY6/17-19. Brokers are positively-biased on the stock with two Buys and one Hold. The mean target price is MYR2.38.

 

Valuation wise, Econpile is trading at 14.5x consensus FY6/17 EPS of 14.5sen, which is higher than its 3-year historical average PER of 12.7x.

This is a growth stock. will test RM 2.30 soon

Thanks Icon, next time u should tell stories abt Econpile too

This stock is worth catching around 93-94sen

steady

up up up

up up up

The coming quarterly results will be very good

up up up

up up up

steady

up up up

Happy and lucky to have accumulated alot of shares at < 2.20

this stock wll perform very well this year

i will buy more if it goes down more