Ekovest can raise money by listing of Duke1&2 in 2018
and divest a stake of Duke 3 to a strategic partner just like Duke 1&2 when the stage of construction of Duke 3 is at 50% or more....

https://klse.i3investor.com/m/blog/kianweiaritcles/142714.jsp

Why taking over Iwcity is good for Ekovest---- Felicity

Post here for easy reference .


If Iwcity shareholders accept share option means Ekovest share price will be much higher than 1.50...:)

Strong support @105, proven today....

Let's see...

Can see that there is a big and serious buyer ...
there is cause to be optimistic !
hehe ...

105 strong support,,, 92 to 118....50% Fibonacci retracement is @105 exactly...

let's see how the market unfolds ...

Teguh,

ya kah ? Thanks..

so now how many % completion as of 31st Dec 2017?

50% retracement from 89 to 118 is @103.5 !

No worries ! Got money buy!!

Duke 1-2 will be listed...
Duke 3 ... look for stategic partner when it is 50% completed...
coming Q results could be good due to more construction works and completion of ECOCHERAS !

Today only hit 105 .... so would be rebound to challenge 117/127

http://klse.i3investor.com/blogs/nanyang_stock_expert/143697.jsp

hit the support @1.05 on the 30 min chart, according to the author, it will rebound to challenge
117 /127.....hehe

Buyers very strong@108 ! Very auspicious number!

Yak Deng Fatt ! 108!

Haha!

Good Luck to all ! :)

Sellers threw to the buyers... genuine buyers actually. Many contra force selling or risk averse sellers due to volatility in Wall Street last night. Dow Future is up about 100+ points at this time..Just hope tonite a more steady up market in Wall Street.

Support @108. seems this is what they are defending...

Seen from the screen. big boys are accumulating today. hehe :)

It came down to 1.07, closed the gap @1.08 and rebounded.

So, the next up movement TP is 1.27!

hehe

http://www.theedgemarkets.com/article/jbspore-rapid-transit-system-start-dec-31-2024?type=malaysia

The Iwcity land would be very valuable...

Moving towards 2024, the property in JB would be in great demand....

Can plan to launch the properties in 2019-2020.... targeting for completion by 2023-2024... :)

sectionanalyst,

Can you please introduce yourself otherwise how do we judge what you have written here? Thank you.

Following the public issue and use of proceeds, Binasat will have total assets of RM80.14mil. Net assets per share and gearing will stand at 23.75 sen and 0.14 times respectively.

Logic,

not kidding ?

today if it closes @ 1.13 or better, the chart will show a bullish engulfing white body ! :)

hehe... untung supuruh pasen aja... cukup minum kopi ye...

took profit today for 1 day game... hehe..

thanks folks..

good luck.

http://m.thesundaily.my/node/410260

Ekovest to seek strategic partner for Duke 3 when it is 50% completed.

https://www.edgeprop.my/content/1152110/construction-setiawangsa-pantai-expressway-ahead-schedule

https://www.nst.com.my/news/2017/02/208902/ekovest-targets-listing-2-more-divisions-bursa

bought and put it in the safe... hahaha!

small capital outlay for potential big gains !

very defensive stock. funds buying ,,

good long term stock

There are something more than Trump's reversal of US participation in the TPPA for the company to hold back the Vietnam expansion plan, though piling for the new factory has been done... I deeply suspect.....

If not because of the disruptive softwearautomation.com which can automate the manufacturing of T-shirt, jeans etc, due to a recent invention for which the machines or robots now are capable of maneuvering flexible fabrics like rigid materials, Nike and the likes would surely continue to outsource their manufacturing of apparel to low labour costs countries.... Prolexus would have gone ahead with the Vietnam expansion... then the future of Prolexus would be bright ... but now.....so much uncertainties and the threats linger on.... revenues keep shrinking... this does not spell well ... could it be an indication that Nikes and the like are having other plans which are no good to the OEM in the 3rd world.

It is bad luck and bad timing for investor like us

Jon,

Thank you for your detailed explanation.

Jon, Profits have been coming down in the recent quarters, what sre the reasons ? Thanks...

furthermore , I actually kept 30% of the warrants as an insurance in case of I was wrong in my suspicions and judgement.

when it was announced that the plant in Vietnam was put on hold until further notice, I sold the balance warrants without hesitation @36 sen average...

I said bye now and I reversed my very bullish view as could be read from my early posts.

Good Luck and Thank You .

Check out softwearautomation.com yourself and don't be emotional.

I am not going to comment any further on this..

Thanks.

Potential

I cut loss @1.17 and warrants @40sen as soon as I know of softwearautomation.com in early Nov., and the news actually came out in Aug 17 on the success of softwearautomation.com
Only regreted didnt know it earler..

Btw, softwearautomation.com now can only service the US market...
I never bot magni but this prolexus. Magni share price has also come down substantially...

I did warn much earlier but didn't say it so clearly...

I may not be right but the fund managers are selling ...



It is only a sharing...

Good luck...

The real threat: ODM like Nike, Adidas, HM, Fila etc, move apparel production close to market places like USA and Europe where the market is for efficient logistics and they could even reduce inventories to nil or close to nil... all the contract manufacturers will lose orders.

Now funds are selling even at such low prices...

softwearautomation.com is the real threat !

sorry and not asking you to buy or sell !

@Zai Zai,
Thanks for the info.
Maybe that is the reason OCK got the deal cheaper.. hehe..

The biggest concern for apparel contract manufacturers in the developing countries manufacturing for those OBM manufacturers like Aiddas, Nike, HM, Fila, etc is whether the former will continue to receive orders from the latter.

With the advent of robotic automation in apparel manufacturing spearheaded by softwearautomation.com, OBM may like to have their factories located at their market place. Now, softwearautomation.com can only service the USA market... and Ruyi group and Tianyuan from China are setting up garment factories, with full automation, in the USA ...

What will be the impacts ? Low costs of labour will be replaced by robots and efficient logistics ?

THE PURCHASE PRICE OF SEATH IS REASONABLE AS ANNOUNCED ON 4TH AUG 2016, EXTRACT AS APPENDED BELOW...
SO THE BORROWINGS IS NOT A PROBLEM.
WITH STRENGTENING RM, THE BORROWING IN USD OF RM285 MIL, THERE WILL DE FOREX TRANSLATION GAIN IN Y[THE COMING 4Q.


FYE 31 December 2015
For the FYE 31 December 2015, SEATH Group's revenue increased by approximately USD0.11 million, representing approximately 0.92% to USD12.00 million as compared to the FYE 31 December 2014, mainly due to the addition of secondary tenants on its BTS towers. Notwithstanding the increase in revenue, the PBT had decreased by approximately USD0.16 million, representing approximately 7.0% to USD2.19 million in the FYE 31 December 2015, as compared to the FYE 31 December 2014 mainly attributable to the increase in maintenance expenses on the BTS towers particularly on the repairs and upgrade of BTS towers.
2.2 Basis and justifications of determining the indicative Purchase Consideration
The indicative Purchase Consideration, which is subject to adjustments as set out in Section 2.8(ii) of this announcement, was arrived at on a willing-buyer willing-seller basis, based on the proforma unaudited NA of SEATH Group as at 31 December 2015 of USD27.96 million (equivalent to approximately RM114.01 million).
In addition to the above, the Board, in arriving at the indicative Purchase Consideration, has taken into consideration the following factors:-
i. The proforma unaudited earnings before interest, taxation, depreciation and amortisation ("EBITDA") of SEATH Group for the FYE 31 December 2015 of USD5.89 million (equivalent to approximately RM24.04 million);
ii. The future earnings potential of SEATH Group given the steady stream of income to be derived based on the long term contracts secured by SEATH Group for the lease of its BTS towers which range from 5 to 10 years as set out in Section 4.2 of this announcement. For the FYE 31 December 2015, SEATH Group recorded a proforma unaudited PAT of USD1.82 million (equivalent to approximately RM7.44 million); and
iii. The positive outlook of the Vietnamese telecommunication industry in relation to SEATH Group's BTS Business as set out in Section 4.1 of this announcement.
Further, the indicative Purchase Consideration represents the following multiples:-
i. An enterprise value ("EV") to EBITDA multiple of approximately 7.98 times based on the EV of USD47.00 million (equivalent to approximately RM191.62 million) derived from the indicative Purchase Consideration net of cash and cash equivalents as well as the EBITDA of USD5.89 million (equivalent to approximately RM24.00 million) of SEATH Group for the FYE 31 December 2015. For the avoidance of doubt, the borrowings and non-controlling interests have been excluded in deriving at the EV as the borrowings shall be fully discharged and the non-controlling equity interests shall be fully transferred within the SEATH Group prior to completion of the SPA; and
ii. A price to book multiple of approximately 1.79 times based on the proforma unaudited NA of SEATH Group for the FYE 31 December 2015 of USD27.96 million (equivalent to approximately RM114.01 million).

Nestle earning is stable and predictable... PE is 42 times..

OCK earning not only is stable and predictable. but would be growing for a long long time to come.. especially via the leasing of their close to 2,900 towers in the exciting growth countries of Mymmar and Vietnam....

it is a viable business with earning visibility and exciting growth pot..entials

Just keep your Musangking Trees and watch it bearing fruits patiently....

Quote Warren Buffet:

" Investment should be like watching paint dry or watching grass grow."

We, just watching Musangking Trees bearing fruits loh...

hehehe

STRONG BUYERS ACCUMULATING
1.179,900 SHARES DONE MOSTLY AT 88.5 SEN...

https://klse.i3investor.com/blogs/jfapex/139027.jsp

HIGHER REVENUE AND BETTER MARGIN..

CAPTURING MORE MARKET SHARE...
NOW WITH LOWER CPO PRICE MEANS HIGHER MARGIN IN THE COMING QUARTERS... INCREASING PROFITS ON THE CARDS ? .....

ok... sell and switch to POWER ROOT !
stay invested in COFFEE !!

https://www.reuters.com/article/us-southeast-asia-jobs/millions-of-se-asian-jobs-may-be-lost-to-automation-in-next-two-decades-ilo-idUSKCN0ZN0HP

Automation is the way going forward....

https://www.runningshoesguru.com/2017/08/adidas-taps-automated-sewbot-to-create-800000-shirts-per-day/

The con.., haha ! do you think that TKK did not have that RM1.758 million ?

Fabric Mill
Building construction cost RM54 million
Facilities construction cost RM27 million
Machinery and equipment Rm33 million

Disproportionately low investment in machinery and equipment, how much automation is the new mill ?

exhausted buyers? or exhausted sellers ?

95 min into the trade, Vol less than 200,000.... price not moving but weakened a bit.... good or bad ?