Wehcant For Q3, eps of between 10 sen and 13 sen is a real possibility.

Sorry invest icon, my wrong. Div policy of 50%. Thanks

With lower naptha costs where LCT took 2 recent cargo shipments in Oct (@USD 390+), firm PP prices but rather stable butadine prices & high plant utlization rate (90% or more) and assuming no adverse performance from US associate arising from recent hurricanes, bottomline of RM300 is quite achievable for Q3 running into RM400 million in Q4. With div policy of 40% and DRS (potentially building cash inventory to more than RM4 billion), share price potentially could reach RM5 by December.

Tommorow limit down?

Profit guarantee of RM25 million should deal goes thru

Breakout just begun

Breakout soon?

Under the proposal, there's a RM25 million profit arising from the Contract Award.

Dividend payment via electronic remittance have all received. Those hvnt registered for electronic payments will hv to wait for the dividend voucher (via post).

Immediate target RM3.50 by end June. Nice for 2nd Qtr results.

if the share price hits RM7.50 by May, LCT Titan will be in the KLSE Composite Index (competing with Hartalega and Dialog). The advantage to LCT is that its even at RM7.50, the prospective PE will only be around 11 times. The market PE is currenty around 15.6 times. LCT remains largely undervalued.

Qtrl 1 report out tomorrow? RM400 nett million profit possible?

LIKE the Summary Report sent for AGM...

Next week AGM will be held in STYLE!! 1st Qtr results also soon!!

Folks, thought of giving another reminder below:

The reputation of Ekovest is now damaged. There is now a trust deficit and perceived as having weak corporate governance practices. Its independepent directors are no longer considered a bastion to defend the interest of the company. Ekovest share price can only recover if all the current independent directtors resigned and be replaced. If not, similar dodgy proposals and transaction will recur in the future and there’s no one from Ekovest independent board of directors can be expected to perform and discharge their fiduciary duty prefessionally. So many investors have been hurt since the announcement of this proposal and wiped out billions im capitalisation and investors wealth. So folks, dont expect Ekovest share price to recover very soon until they clean up the Boards. The institutional funds are running in droves!!

The EGM decision yesterday was the correct one. But the corporate action in it self invites questionable practices. Its called bad corporate governance practices. Especially the action of its independent directors. Trust and confidence has gone. Kapushhh..

Many investors are currently going through a process. I hope this will be a learning experience albeit a painful one. The stock market is much more complicated than we think. Perception is just as crucial. Happy investing/trading folks!!

The world is embracing ESG and institutional funds demand sustainable ESG practices. Ekovest requires a major repair.

The perception of independence matters most when you have this sort of big ticket non-recurring related-party transaction that have huge impact on valuation and share price. And this is one glaring example. You can clearly see the kind of damage it has inflicted.

8 02:31 PM | Report Abuse

Folks, this is the reason:

The reputation of Ekovest is now damaged. There is now a trust deficit and perceived as having weak corporate governance practices. Its independepent directors are no longer considered a bastion to defend the interest of the company. Ekovest share price can only recover if all the current independent directtors resigned and be replaced. If not, similar dodgy proposals and transaction will recur in the future and there’s no one from Ekovest independent board of directors can be expected to perform and discharge their fiduciary duty prefessionally. So many investors have been hurt since the announcement of this proposal and wiped out billions im capitalisation and investors wealth. So folks, dont expect Ekovest share price to recover very soon until they clean up the Boards. The institutional funds are running in droves!!

The reputation of Ekovest is now damaged. There is now a trust deficit and perceived as having weak corporate governance practices. Its independepent directors are no longer considered a bastion to defend the interest of the company. Ekovest share price can only recover if all the current independent directtors resigned and be replaced. If not, similar dodgy proposals and transaction will recur in the future and there’s no one from Ekovest independent board of dittectord can be expected to perform and discharge their fifuciary duty prefessionally. So many invrstors have been hurt since the announcement of this proposal and wiped out billions im capitalisation and investors wealth. So folks, dont expect Ekovest share price to recover so soon until they clean up the Boards.

The power of minority shareholders. Today we have demonstrated that companies must act in its best interest and that of its shareholders. Shame on the independent directors!!

Deafeated

Can i just bring IC to register for EGM?

Ekovest price trending higher now indicating a NO VOTE!!

Most likely index replacement is Lotte Chemical Titan judging from the share price

Laugh while you still can...

Tommorow will be a good day for Ekovest. Proposal will mostl likely get rejected as many minority shareholders not happy including me.

HIDUP Minority Shareholders of Ekovest!!! lets show them who the real boss are!!

Tomorrow pls suggest for all the independent directors to VOLUNTARY STAND DOWN for the good of Ekovest.

Reprimand and Remove all the “independent” directors. Teach them a lesson about good corporate governance practices.

Posted this earlier but gone missing.

The problem with MRCB is that it appears to irresponsive and nontransparent about its dealing with the Govt on EDL toll removal. No updates and no additional announcements for all shareholders to make informed decision. This is super ugly and bad corporate governance practices and minority shareholders are at the losing end. Not only that, EPF members are also losing out since EPF is the majority shareholder of MRCB. If you’re negotiating with the Govt on the compensation, then provide periodical updates thru Bursa announcement. I wonder why the total silence? Is it to bail out BN for the GE? This is bad corporate governance practices and investors like me hate this sort of unbecoming corporate behaviour.

The proposal is DESTROYING VALUE of Ekovest and the independent directors are complicit. They dont deserve to sit as directors of public listed company.

Minority shareholders miust act in concert tommorow to defeat the EGM’s resolution.

Minority shareholders must send a signal. Reprimand the indeoendent directors for not acting in the best interest of Ekovest despite the damning information abt IWCity’s gloom prospects and the high levrl of risks it posed to Ekovest. If Ekovest minority shareholders were to go down tommorow, then go down fighting and show that you are a MAN.

The problem with MRCB is that it appears to irresponsive and nontransparent abouts its dealing with the Govt on the EDL toll removal. No updates, no additional announcements for all shareholders to make informed decision. This is super bad corporate governance practices and minority shareholders are at the losing end. Not only that, EPF members are also losing out since EPF is the majority shareholder if MRCB. If you’re negotiating with the Govt on the compensation, then give periodical updates thru Bursa announcement. Iwhy the silence? This is bad corporate governance practices and investors dont like this type of behaviour.

Posted earlier. Somehow gone missing.


Minority shareholders at the AGM should voice out strongly against its independent directors who are a bunch of jokers who could not make a simple assessment - that the current corporate exercise is to detriment of Ekovest and its minority shareholders. Just read the risk factors section. Too many uncertainties eg “no assurance by Greenland that it will honour its obligation to pay..”. How in the world could Ekovest independent ditectors say the proposal is in the best interest of the company? I say move a motion during the EGM to remove all these useless independent directors!!!!!

Minority shareholders at the AGM should voice out strongly against its independent directors who are a bunch of jokers who could not make a simple assessment - that the current corporate exercise is to detriment of Ekovest and its minority shareholders. Just read the risk factors section. Too many uncertainties eg “no assurance by Greenland that it will honour its obligation to pay..”. How in the world could Ekovest independent ditectors say the proposal is in the best interest of the company? I say move a motion during the EGM to remove all these useless independent directors!!!!!

Good momentum. A matter of time....

Slowly but surely....my Serba

Its now up again. As i had mentioned ☝️

The price is always pushed up after 3pm daily.,

Single tier dividend. Already nett of tax.

LRT3 RM1.12 billion contracts - Impressive and good margin contracts.

http://www.theedgemarkets.com/article/ijm-bags-lrt3-underground-package-contract-worth-rm112b

Never take good governance lightly no matter how profitable you are!!

Am back in. The next push shld be interesting.

Gangnam Style. I Like!!

Gangnam Sytle. I Like!!

Dont be a participant. Be a player!! The former makes plenty of noise while the latter focuses on substance. Your pick...

Remember. Lotte has to place its Treasury shares to meet the public shareholding spread. Its costs them somerhing like RM300 million to-date. They need to recover that. I think their average cost per share plus holding costs are rather high. So you can expect minimum mkt price of around RM6.50 to breakeven.