Posted by jtpc2006 > 2013-03-11 16:16 | Report Abuse

when will all these exercises be over? still suspended for the repayment and consolidation.

Posted by ak2899 > 2013-03-15 18:04 | Report Abuse

"Further to Listing's Circular No. L/Q 67137 of 2013, kindly be advised that ECM's entire issued and paid-up share capital after the Proposals will be quoted with effect from 9.00 a.m., Monday, 18 March 2013. " from Bursa.Meaning that next monday reopen. personal 2cent predicted the value RM0.60. ^^

Posted by hooi > 2013-03-18 09:29 | Report Abuse

Sold Ecm at 0.66

Posted by jtpc2006 > 2013-03-18 11:28 | Report Abuse

still lost, bought at 0.855, even with the cash distribution, etc. etc. and sell at 0.66, still lost

Posted by kase > 2013-03-18 12:24 | Report Abuse

not a good deal !!!

Posted by ak2899 > 2013-03-18 15:34 | Report Abuse

My Cost per unit RM0.56 ^^, small profit. so to me is good deal.

Posted by wachin > 2013-03-25 09:48 | Report Abuse

cash equivalent RM1.11, undervalue 40%

http://www.chinapress.com.my/node/406097

Posted by AK2899 > 2013-04-30 17:18 | Report Abuse

http://announcements.bursamalaysia.com/EDMS/subweb.nsf/all/6EA1F5909D179C5348257B5D002CF1C0/$File/ECM-AnnuarReport2013.pdf

Posted by one688easy > 2013-05-10 09:11 | Report Abuse

Financial trained Boss buying million of shares..., cash close to $1.10 and now selling at $0.696 , lelong sale now..

Posted by one688easy > 2013-05-10 12:17 | Report Abuse

Biggest shareholder / Co-founder bought few million shares recently...

Posted by Superman88 > 2013-08-19 13:19 | Report Abuse

WHAT HAPPEN ON THIS STOCK

Posted by aiman168 > 2013-08-19 15:13 | Report Abuse

blurrrr.....

Posted by Superman2 > 2013-08-26 10:09 | Report Abuse

I can smell something is good coming out from this ECM

Posted by Superman88 > 2013-08-27 06:30 | Report Abuse

any news ?

Posted by ejtic > 2013-09-07 17:17 | Report Abuse

Sold all at 1.08 with my cost is 0.598. It's good fortune. Still have the loan stock & Kenanga as a bonus. Thank you to the ECM management.

Posted by zckoo > 2013-12-24 11:01 | Report Abuse

Why,drop.....it there any news?so bore to wait.....

Posted by invester > 2013-12-27 23:26 | Report Abuse

Be patient..... once Bursa has approved the lifting on PN17 status, ECM will shot up.

Posted by zckoo > 2014-01-07 08:26 | Report Abuse

When will moving from pn17.........

Posted by balvin71 > 2014-01-07 21:54 | Report Abuse

Yes, when?

Posted by invester > 2014-01-07 23:32 | Report Abuse

Bursa takes long time to review the proposal... some times it might takes few months. So, no one will know when Bursa will reply to ECM regarding their proposal to lift up from PN17. With the good quarterly results that ECM shown, there should not be a problem for it to lift up from PN17

Posted by balvin71 > 2014-01-08 09:45 | Report Abuse

Looking at previous AGM announcement, they had said would be end of last year. Better get it done before next AGM......otherwise will kena kau2 from minority shareholders.

Posted by daniellim > 2014-01-18 01:23 | Report Abuse

On 29th March 2013, the free float of ECM was 27.73%. As of 25th May 2013, Lim and Azman owned 48.2% of ECM. Since then, LIm, Azman and Kali have been accumulating ECM shares. You can expect the free float of ECM to be much less by now. Look at what happened to HL Capital. On 13th September 2013, the free float of HL Cap was 2.16%. HLCap was 1.70 in January 2013. Today, a year later, it is 12.80. If the same thing happens to ECM as what happened to HLCap, you can expect ECM to go on a helluva ride. Keep your fingers crossed. If it comes out of PN !7 (no reason why it shouldn't), you won't be looking at a RM1 share anymore.

Posted by invester > 2014-01-21 20:42 | Report Abuse

That might be possible... But ECM business is not the same as HLCap. HLCap has big fun to support but not ECM. So, even though the free float share is getting lesser, it doesn't mean the price will shot up. Maybe I can give a good example of free float share which is less in market (SAM Engineering). The company is making money and the free float share is low. But the price still can not increase as no much people interested on it.

Posted by zckoo > 2014-01-27 13:54 | Report Abuse

Arrr......when when ......?

Posted by daniellim > 2014-02-07 16:19 | Report Abuse

Financial services companies ECM Libra Financial Group Bhd and MAA Group Bhd are in a peculiar situation. Unlike most Practice Note 17 (PN17) companies on Bursa Malaysia, ECM Libra and MAA are not financially distressed but are profitable and have plenty of cash.

The reason they are in PN17 status is that they have ceased to have a major business following the disposal of their core assets. Time is running out for some of these cash-rich firms and they may face delisting as they have yet to secure major businesses or meet other necessary criteria.

What makes it more difficult for these companies to shed the PN17 status are the restrictions they face as financial holding companies (FHC).

These firms are not at liberty to acquire any other businesses as Section 114 of the Financial Services Act, 2013 (FSA) requires an FHC to deal only in financial services or related businesses.

A year after the divestment, ECM Libra has neither secured major business nor met the conditions to bring it out of PN17 status. The company made a loss of RM52 mil in its fourth quarter ended Jan 31, 2013 due to the disposal of its investment banking business.

However, the financial services provider could still be on track to shed its PN17 status based on its recent earnings record.

On Nov 25, it sought a waiver from the authorities from having to submit a regularisation plan taking into consideration its results ended Oct 31, 2013. If approved, ECM Libra will be out of PN17 classification. It has posted three consecutive quarters of profitability since the first quarter ended Apr 30, 2013. - See more at: http://www.focusmalaysia.my/Mainstream/Financial-services-PN17-companies-in-peculiar-situation#sthash.oLGCL4IV.dpuf

Posted by Teh_Invest > 2014-02-17 16:06 | Report Abuse

Does that mean it is a counter to pick up now and wait till end year? Is this company really doing that good?

I'm an ECM unit trust holder and the performance were a disappointment for me. Waited till the maturity date and I make a lost from it, reason given was they can't get back their invested fund or something like that. Luckily it was not much so I just left my units hanging there for awhile already.

Posted by balvin71 > 2014-02-24 08:03 | Report Abuse

Studying the changes in substantial shareholders & directors holding, they have been steadily increasing their shareholdings. Which makes me wonder one of two things; they are betting the lifting of PN17 status soon or consider taking the company private and de-listing from KLSE.

Both will be good:
If lifting of PN17 - Stock will go up, look at Adventa last week.
If Buy-Out - normally priced at 1.2 times of NTA; this will indicate a price of around RM1.70

Before I throw everything I have into ECM; are there any other thoughts? Please advice.

Posted by bondnick > 2014-02-25 09:42 | Report Abuse

Both will be good:
If lifting of PN17 - Stock will go up, look at Adventa last week.
If Buy-Out - normally priced at 1.2 times of NTA; this will indicate a price of around RM1.70

From the above observation. It is a buy.

Posted by daniellim > 2014-02-25 23:41 | Report Abuse

If Ecm is going to be taken private and then get de-listed from KLSE, well, there's not much to be said. But Ecm has no debt; it's cash-rich and each share is back by about RM1.11. It's in financial services. Now take a hard look at the principal shareholders. Study the shareholding changes and estimate how much they have accumulated. If and when it comes out of PN 17, yes, it may go to 1.70 but will you take profit at 1.70? Unless I'm forced to, I won't sell. Good luck to all of us.

Posted by zckoo > 2014-03-19 08:44 | Report Abuse

Ecm stil got pelikan share?

Posted by FullTime > 2014-03-25 14:11 | Report Abuse

NO NEWS IS GOOD NEWS

Posted by balvin71 > 2014-04-11 09:49 | Report Abuse

Why share going down? Hope not bad news???

Posted by zckoo > 2014-04-11 11:13 | Report Abuse

Aiyo..got bad news ar?wait long time alr.....

Posted by PN17player > 2014-04-22 15:51 | Report Abuse

let's see

Posted by zckoo > 2014-04-22 23:10 | Report Abuse

Pn17player....I like ur name.....so how you think bout tis share....worth to wait?

Posted by PN17player > 2014-04-22 23:23 | Report Abuse

based on feedback, the current biz is not solid enuf to move the price.

Posted by rjrj > 2014-04-23 17:14 | Report Abuse

Took them one year to apply for exemption waver. Wonder any insider trading involved in that time

Posted by Teh_Invest > 2014-04-24 17:33 | Report Abuse

anyone thinks that this counter still has hope?

Posted by balvin71 > 2014-04-27 21:40 | Report Abuse

This stock is not moving, it has value but taking too long to get to it's full potential. Wondering to sell and move to other counters that are also under value but are on the way up?????

Posted by PN17player > 2014-04-27 22:18 | Report Abuse

if the management is aggressive to secure a concrete new biz , then possible to get lifting

Posted by zckoo > 2014-05-06 21:16 | Report Abuse

Ecm stil got e&o share?

Posted by balvin71 > 2014-05-20 09:18 | Report Abuse

Is anyone going for the AGM end of this month?

Posted by balvin71 > 2014-05-21 09:09 | Report Abuse

ECM has got over 28 million Pelikan shares. With the recent run-up of Pelikan shares price of about RM0.50 from recent prices, ECM is able to realize gains of over fourteen million Ringgit. Translating to about a RM0.05 increase in ECM NTA per share. I would expect the price of ECM to go up correspondingly but this is not happening. Wonder why????

Posted by Magnazium > 2014-05-27 18:00 | Report Abuse

balvin looks like NTA did not change. not sure why though. maybe someone can explain

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1635005

Sold off everything, 7 mil shares in OM and the rest to PBS's call option.

Posted by balvin71 > 2014-05-28 10:54 | Report Abuse

Wonder what is the option price?

Posted by rjrj > 2014-05-28 17:01 | Report Abuse

Around RM 0.7/share

Posted by fyh30 > 2014-05-28 17:24 | Report Abuse

Upliftment PN17 approvedd

Posted by Magnazium > 2014-05-28 18:28 | Report Abuse

LIFT OFFFFFF!!!!!

Posted by zckoo > 2014-05-29 12:00 | Report Abuse

Uplift alr,no moving.....

Posted by rjrj > 2014-05-29 12:16 | Report Abuse

Look at their business model going forward: money landing, unit trust, buying quoted shares..... do you think this is dynamic?