where got cheap ? OCK is a decent company but with stretched valuation

same trend again ! damn good for trading

Never buy downtrending counter. There is always a reason why it is going down

Think of it again. Most of the corporate earnings were disastrous for the last 4 quarters. Most were in red but Ekovest is one of the outliers

TA has been downgrading their call on AA. from RM3.20 to 2.60 while other research houses as well. What does it tells u ?

Don't waste time on AA. i believe it is lacking of catalysts. They already sold and leaseback their aircrafts and distributed as dividends. Since they sold at profit but still in need of the planes for their operations, now they are paying high leasing costs which actually impacted their bottomline. And Digital Transformation would take long time before you can see the real result with chances of failure. It is becoming more risky holding AA with low return

Don't expect too much on OCK. More on short term play

Don't get excited so fast

Selamat Hari Raya Guys

Tuesday be extra careful!

Pursuant to Paragraphs 9.03 and 9.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, LHI wishes to provide an update on certain preliminary operating data for the fiscal period up to 30 June 2019, i.e. 2nd quarter of 2019 (“2Q2019”).

As disclosed in LHI’s Prospectus dated 25 April 2019, a number of factors affect the Company’s financial condition and results of operations which include, among others, the selling prices of LHI’s products sold on the open market.

The Company wishes to inform its shareholders and potential investors that based on the preliminary review of the unaudited financial results of the Company and its subsidiaries (“Group”) for the financial period ended 30 June 2019, the Company expects the Group to record significantly lower profits after taxation for the 2Q2019 in comparison with the 2nd quarter of 2018 (“2Q2018”) due to a significant decline in the average selling prices (“ASP”) in most of the products sold by the Group, particularly in Malaysia, as follows:

The ASP of the Group’s broiler day-old-chicks (“DOC”) in Malaysia in 2Q2019 was RM1.21 per DOC, representing a decline of 38.6% from RM1.97 per DOC in 2Q2018. The selling price of the Group’s broiler DOC in Malaysia declined to as low as RM0.90 per DOC in 2Q2019. In comparison, the lowest selling price of the Group’s broiler DOC in 2Q2018 was RM1.60 per DOC; and
The ASP of the Group’s broiler chicken in Malaysia in 2Q2019 was RM3.99 per kg, representing a decline of 14.7% from RM4.68 per kg in 2Q2018. The selling price of the Group’s broiler chicken in Malaysia declined to as low as RM2.60 per kg in 2Q2019. In comparison, the lowest selling price of the Group’s broiler chicken in 2Q2018 was RM3.90 per kg.
As the Group’s operating costs are relatively stable, the weaker ASP in 2Q2019 will affect the Group’s margins and profitability. As at 5 August 2019, the market prices of broiler DOC and broiler chicken are RM2.00 per DOC and RM5.00 per kg respectively.

The overall sales volume of the Group’s products increased in 2Q2019 compared to 2Q2018. The total sales volume of livestock feed, broiler DOC, broiler chicken and eggs increased in 2Q2019 by 13.9%, 8.1%, 10.7% and 5.9% to 583,665 metric tonnes, 123 million broiler DOC, 31 million broiler chickens and 430 million eggs, respectively, in comparison with 2Q2018. Despite the volume growth, the Group’s profits were affected as a result of the significant decrease in the ASP.

Details of the Group’s financial performance for 2Q2019 will be available when the Company announces its unaudited consolidated financial results for the financial period ended 30 June 2019.

The press release by the Company dated 9 August 2019 is attached.

This announcement is dated 9 August 2019.

Nonsense counters - Khee San, London Biscuits. These are vehicles for the directors to milk the money. Hope the SC, Bursa takes action againts them

Previously a failed venture in US, than super yacht, Equanimity and now this. With high salary of Lim Kok Thay of RM260 mil, this is like squeezing a cashcow GenM. Minority watchdogs and Bursa should query on this Company. Serious corporate governance issues for many years

One thing to note is that American Towers continues to be an active acquirer on all the telco companies around the world. But as they keep acquiring, u will see that it will give an immediate boost to the profits. However, this is not the case for OCK, as they build, their profitablity is getting lesser. Something that you need to consider. Something not right

Platypus88 - I agreed on your views on OCK but at the same i would like to clarify for SOS, just to be fair to him. Back in 17, OCK acquired SEATH for USD50 mil (RM223 mil) with approx. 2,000 towers. Now they have additional 500 towers in Vietnam since the acquisiton, with additional cost of RM20.5 mil. Vietnam alone, they already invested almost RM250 mil. They have others towers that they owned in Malayisa as well.

But still, is so wrong to compare to peers like American Tower. Even they are not comparable to their local player like EDOTCO.

Soon below RM20, its current price because of. Internal supports and nothing to do with valuation. As far as for valuation, it is overvalued despite is a good fundamental bank.

No volume hard to play. All retailers play so no support on the prices

No need to worry much about this. What is the worst case scenario for Ekovest ? They still have very profitable businesses that are growing every year. And for sure BM is in the pipeline and if they got as main contractor (which most likely the case) than you all can see the visibility of the businesses for the next 10 years. short-term pain but long-term gain. U won't lose money

Must buy, later official announcement comes out those haters will lick their wounds

Sailang I will add in another 20% to 30% of Ekovest

I see that with Ekovest entry as the main contractor not only they can build their ecosystem linking all their infrastructures but the profit margin as well

Strong buy at 1.08

Place your queue at 1.08 tomorrow.

Most probably merger between IWH-Ekovest. Similar to 2017 proposed merger of IWH-IWC but this time around with much better financial position related company, Ekovest. And with merger of Ekovest is in the pipeline, not only the enlarged group get better funding but can taps on Ekovest's expertise in the construction of major infrastructure projects. Lots to do but all the best for Ekovest

Ekovest is the best company under LKH. Definitely will be the prefer choice for this project. And they with the financial strength and have undertake many scalable projects. Finally is time for investors like us to reap big reward. Short term pain but long term gain

If u fear of everything, don't even invest in the equity. FD and other fixed income securities also risky. Bear in mind, the financial institutions and nation can bankrupt. Putting into commodities and currency investment even more risky. Better spend the money.

Lol there are some ppl here with such pathetic remarks / comments. Did LKH forced to invest in this Company. Don't like move on to another counters. Everyone has their own preference

Government will not grant any more highway concessions, with the Duke SPE being the most strategic connector to the city in Kuala Lumpur. With 3 Duke highways and future projects from BM, what to lose by investing in Ekovest.

No need to ask ppl to buy or sell. If u think you are right, than sell and vice-versa. I

lol RainT, a trap if u are trader

How to UMA, just up abit. If 30% than different story with high volume. But this UMA is different this time around UMA=U must accumulate. Ekovest slowly turning into Gamuda with strength in many constructive expertise. Stay tune for all the catalysts

Ekovest i did mentioned few times, it will fly once warrants expired

RainT be positive, time will tell whether is right or wrong decision

today, 5 pm the last trading hour for Ekovest wb

Voodoo - the boss wants the warrant holders to exercise into shares. So that the Company can get more cash

2 and half trading days for warrant holders-3rd, 4th (half day), 8th June. 5th and 6th June Hari Raya. Than it will start to fly high. Long term trend still bullish

Understand on how operators work! Just need to wait all warrant holders to exercise into mother shares

Regional's PAT contribution fall RM7.1 mil to RM6.6 mil y-o-y. Capital intensive industry and worrying debt level. The issue is their cash flow issue will taper the growth in OCK

He does not need to put any pressure on the mother ! it will take a great effort to play the remaining shares not owned by him just to depress the warrants. To ensure warrants will be converted, he just need to push up mother and depress the warrants. that is the strategy he is doing now. Let's see!

Let's convert !

They pushing mother share to ensure that all warrant holders will convert at RM0.48. Let's convert and make ekovest great again

They will push the mother up and the warrants down

It is the intention for the Company to ensure that warrant holders will convert the warrants. They will compress the warrants to more than 10% discount over the mother shares

after today 8 trading days for Ekovest-WB. Conversion price RM0.48 and trading at RM0.22 now. Hence, it is trading at 4% discount over the mother share.

The reason very easy, to force the warrant holders to convert to mother shares. That's why they are pushing down the mother shares. Bear in mind that the last trading of Ekovest WB is next Friday, 7th June 19

and the listing of towerco business will take at least a year or two. That's too slow to monetise on their assets amid cashflow issue to sustain growth

Tower sharing collaboration with Edotco. High debt and payables. Low cash flow to sustain the growth in the business

https://www.malaymail.com/news/malaysia/2019/05/13/report-global-funds-bypassing-malaysia-as-investors-lose-patience-with-paka/1752330

hope it clarifies for those that wanted to know on timeline for the PP

Dear All - Since Ekovest only proposed to issue out 10% of the share capital for PP, they just need the approval from Bursa for listing and quotation of placement shares as they already got a mandate from the last AGM. Bursa would need only few days to approve on listing and quotation of the placement shares. And if Ekovest already got all the investors in place, they can complete the whole placement exercise as early as 2nd week of May 19. Pls take note.