Malaysia's construction sector grows over 20% in 2Q24 ! Construction wave continues

https://www.thestar.com.my/business/business-news/2024/08/12/malaysia039s-construction-sector-grows-over-20-in-2q24

Neither. It hit 73 sen if I am not wrong

Aneka is ready to set off. Let's go

Jiankun International is gonna raise RM4 million to pay staff salaries 😅

https://theedgemalaysia.com/node/722334

The government aims to fully localise the construction workforce to maintain sector quality, according to deputy prime minister ...

https://www.freemalaysiatoday.com/category/nation/2024/08/06/zahid-pushes-for-100-local-workforce-in-construction-sector/

Probably can hit 0.80 today

Nice, thanks for noticing it, KylieTan 😊 I have collected the warrants too btw

Unlikely because Epicon is going to announce its QR end of this month

it's year-on-year growth of 699% and month-on-month growth of 445% btw

Aneka's cash and cash equivalents are gradually increasing, reaching Rm11.4 mil in Q3 !

Lagenda is coming back

I think part of it is due to exercise of warrants ..

https://klse.i3investor.com/web/mktbzz/additional-detail/37935_2659259241

Lagenda going up today and so as Epicon

Malaysian construction stocks surged on Wednesday to their highest in more than six years, as investors bet that contract awards will pick up, spurred by public infrastructure and private projects. Just a matter of time for Aneka to soar

https://theedgemalaysia.com/node/719310

When will Classita implement share consolidation?

Let's wait and see if those companies that get data center projects will sub some of the contracts to Epicon or not 🙂

Funds slowly flow into this counter. Let's look forward to the upcoming surge

Wait it slowly climb back up to 40 cents

Aneka might get more contracts from IJM 😃

https://thesun.my/business/ijm-construction-clinches-two-contracts-worth-rm9623m-in-total-DF12606243

Unlikely. Need to wait for the MCMC probe to be over 1st ..

seems good ~ High percentage it can go for more

RHB research maintains overweight rating on construction sector

https://www.nst.com.my/business/corporate/2024/06/1064908/rhb-research-maintains-overweight-rating-construction-sector

Dont worry, Gentingbig. We wait for an epic come back from EPICON

It seems like the sell-off is over and Aneka has found support at 0.18

You don't want to wait for an epic coming back with lagenda? 😁

Besides the rights issue and the promising technical chart, it seems that Siab is poised for a significant move soon. Additionally, at the beginning of the year, the company secured projects worth RM94.3 million, with more orders expected to come.

no wonder the trading volume is so large today

Too many shares outstanding is another thing too ..

IJM is moving up vigorously. Will Aneka follow after it secured a RM22.5 million subcontract from IJM?

Epicon’s largest shareholder is Doh Properties Sdn Bhd, holding an 11.26% stake, as per the group’s annual report.

Key stakeholders include Datuk Doh Jee Ming and Datuk Doh Tee Leong, each owning a 45% stake in Doh Properties. Additionally, Datuk Doh Neng Chiong and Datin Lee Hong King hold 5% stakes, according to Companies Commission Malaysia data. Tee Leong also directly owns a 1.72% stake in Epicon...

https://theedgemalaysia.com/node/713618

Looks like most construction stocks are retreating today...even Gamuda is dropping 10 cents

No la. Epicon is not on downtrend, it just consolidating at 41 cents there

Construction sector will be doing great in 2024 for sure

Q1 result was out. Both revenue and net profits were performing well in terms of YoY

ECRL land acquisition progressing well. Construction stocks and real estate stocks are both on an upward trend
https://www.freemalaysiatoday.com/category/nation/2024/05/14/ecrl-land-acquisition-progressing-well-says-loke/

After Sendai, Epicon is next 😁

Not yet. Construction theme is still ongoing

Anymore good news ...I think upcoming q1 result will be good

ECRL line from Gombak to Port Klang in December 2027, with operations set to begin in January 2028

https://www.malaymail.com/news/malaysia/2024/05/04/transport-minister-construction-of-ecrl-project-in-four-states-reaches-65pc/132389

One of the substantial shareholders of Epicon, I guess ..

I will take some profits instead of selling all when it hits above 30 cents. Hard to get it at the price around 18 cents there alrdy

People sell on good news today ...😐

Aneka will continue to leverage its existing order book of RM233.16 million as at 29 February 2024 and focus on the timely completion of ongoing projects

That's epic comment, Gentingbig😆

@KylieTan. Yaya, forgot about it already 😅 Thanks for the reminder. What are your expectations for its results?

Q at 0.04 to catch the rebound

Why akhir bulan ini it will go up? 🤔

Do risk management when you are panic

Very nice, aneka holds firm at 24 cents despite rising geopolitical tensions ..