Based on the net profit margin of 3%, that's 2 mil for 3 years of work. Unless they can get better contracts, it looks bad. 2 projects completing this year left only one with less than 200 mil order book. You can do the maths
Ecohlds 22.5c R1 23c R2 29c NTA 34c Number of share 344.92mill Top 23 shareholders own 67 of the company.
Last 2 qtr profit
On Jan 202, secured a RM166.37 million contract to undertake a mixed commercial development project in Kota Kinabalu, Sabah.
April 2019 - Ecobuilt Holdings Bhd (formerly known as M-Mode Bhd) is buying the entire stake of construction firm Rexallent construction Sdn Bhd (RCSB) from Kilau Makmur Sdn Bhd (KMSB) for RM45 million by issue of new shares and cash. In addition, KMSB, which is jointly owned by Chan Peng Kooh and Tan Chuan Cheong, has also taken up 102.4 million new Ecobuilt placement shares. Consequently, KMSB will emerge as the single largest shareholder holding a 32.5% stake in Ecobuilt.
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