flying............

i already have 200 lots so far :)
just waiting patiently........

later closing if drop should collect..

cilaka..today up .195 :( :(

Tmw holiday.. i don't think will up further

Hold on.. will fly soon

https://www.theedgemarkets.com/article/t7-global-secures-two-supply-contract-extensions

https://www.theedgemarkets.com/article/t7-global-secures-two-supply-contract-extensions

I heard rumours will go up...so want to buy some ..

Cilaka...i q at .170 never match :(
Lets see tmw how the pattern...

If break .175 good lei... 100% profit :)

KUALA LUMPUR (Aug 17): RHB Investment Bank Bhd has initiated coverage of Econpile Holdings Bhd at 60 sen, a "buy" rating and target price of 74 sen.

In a note today, RHB Investment Bank analysts Muhammad Danial Abd Razak and Eddy Do Wey Qing said Econpile’s advanced array of piling equipment thanks to aggressive expansion efforts have given the company strength despite the downturn in local activities, which should bolster its foothold, and enhance its ability to provide end-to-end piling and foundation solutions for clients.

Econpile’s order book is worth RM700 million, which should provide revenue visibility over the next two years, the duo said.

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“The group is targeting RM500 million in new orders for FY21, having tendered for jobs locally and overseas. The share of infrastructure jobs may increase, as it expects to see more opportunities emerge in the local infrastructure space. Consequently, this should help to buffer the impact from the recovering property market,” they said.

Danial and Do also expressed hope for recovery of property demand, expecting government initiatives to stimulate construction activities and indirectly boost demand for piling works.

“Despite the challenges brought upon by Covid-19 and the collapse in oil prices in 1H20, prospects look brighter, as economic activities re-start and pick up.

“Activities in the property sector are likely to improve gradually, following multiple initiatives taken to hasten recovery. These include relief measures such as the Home Ownership Campaign (HOC), real property gains tax (RPGT) exemption, and the lifting of the loan-to-value cap,” the analysts said.

A good reputation among clients was cited by the analysts as an additional point of optimism for Econpile.

“Long-standing relationships with clients give Econpile a competitive edge. Its capacity is well-sized to absorb multiple jobs at a time, which gives it an edge in efficiently executing works and enhancing reliability. The group is able to handle up to RM1 billion in orders at a time.

“This adds to its credentials, and helps to form strong business relationships with major construction and property development clients. As long as the requirements and specifications are diligently met, Econpile stands a good chance of securing more new orders from these clients,” the analysts added.

They said potential downside risks to their rating include failure for the company to secure new contracts, intensifying competition among piling contractors, and a prolonged downturn in the retail and property markets.

At 9.56am, shares of Econpile dipped 0.5 sen or 0.84% to settle at 59 sen, which values the piling market leader at RM795.81 million with around 98,500 shares traded.

The counter has rebounded from its yearly low of 31 sen on March 23, but remains 21.85% lower from 75.5 sen since the beginning of the year.

many ah longs...kaki judi and etc opened cds account to gamble in the share market...look at the number of new cds registrations for past 5 months, then you will know... this fellaz come to just push up and run away quickly after making profit... so again, only fundamentally strong stock can rebound...other wills be just for short term.

what i have learnt is some stocks analysis works, but for most no..look at the current market...economy is crashing but some unrelated stocks are flying..sometimes we just have to get in quick and get out quicker...

sell on news or before... not buy on news!

Fintec is so cheap, look at their holdings...+ based on my analysis it will fly soon... I already park 100 lots here

newbie5354 - please do your own analysis, don't simply listen to others...semua ada agenda :)

wow...EPF keeps accumulating like crazy...from April 2020 holdings surged 1% to 8% today....

Lets see where it goes - short term

very NICE

@menort...why u say scam lei? perhaps you are not happy for a reason....

soon will kaboom to the top.. :)

better buy and keep some.... after long time sleeping now its slowly climbing up back...

i just further top up more and more.... :) looks like rebound is coming..

hope it drops further ...i want to collect..

better buy before it flies..... :) i am collecting more at .59 to average down my price..

https://www.theedgemarkets.com/article/rhb-investment-bank-starts-coverage-econpile-target-price-74-sen

Haha...will go higher..wait for announcement.
Yet to buy, Monday will add this

Wow...4.4mil shares, i small fish on 800k shares in my portfolio..
I believe by next year will uptrend back or once oil reaches >50USD
This company is big and not bad, many big projects and jobs..

its showing signs already... watch out for breakout!

@runroadtokl, director no business, no one buy gold so high dy..so he main stock because can goreng laa

Tmw up up ....

Soon it will kaboom to >80cents

Millionaires in making... :)

just hold laa...cheap stock anywayz... when shoot up can be millionaire :)
PNB major shareholder you think will gg? in ur dreamz maybe...

Today everything drop laaa... mana ada kaunter green light

why alot of selling today..............

EPF keeps buying... but price stagnant...wondering..
waiting patiently to fly...

tmw opening will kaboom.....

yea...u see for yourself tonight in ur dreamz... haha
sour puss!

this time will be different....my gut feeling

up up up....

need bulldozer

.150 heavy lei..

maybe real show haven't start...ahahaa

i don't think rebound will be anytime soon.. directors disposed...GOLD price drifting lower as USD steadies..plus goreng kaki back to GLOVE & now O&G since oil price up they will push those crony counters up before elections...

this is just my feel based on observation and pattern.

those have faith and holding power can hold - maybe will rise up again as analyst are predicting GOLD to reach new peaks and goreng kaki might be back..

Sapura got something brewing....crazy spike up today after years of sleeping!

cut lost first...now focus on O&G & Glove related to make back :)

Yep, its climbing and looks uptrend...let it how it goes for the rest of the day.

Gold will rise and rise...it goes down for correction & profit taking, that is all!

some people in this forum don't even own any Poh Kong share...but like to read comments, make comments and monitor on the sidelines...wakakaka