ECOFIRST CONSOLIDATED BHD

KLSE (MYR): ECOFIRS (3557)

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Last Price

0.38

Today's Change

0.00 (0.00%)

Day's Change

0.38 - 0.38

Trading Volume

11,000


8 people like this.

1,288 comment(s). Last comment by 100Mark 19 hours ago

JustinX78

150 posts

Posted by JustinX78 > 2 months ago | Report Abuse

The company will develop its remaining approximately 67 acres of prime freehold land in Ampang Ukay. Bright prospect

Posted by Iamchops548 > 2 months ago | Report Abuse

ECOFIRST short-term development focus will remain on the property business, tembak 0.365

LicherTS

34 posts

Posted by LicherTS > 2 months ago | Report Abuse

looks good lately, got few bullet then add some first

100Mark

114 posts

Posted by 100Mark > 2 months ago | Report Abuse

EcoFirst will explore other business opportunities too, including joint ventures with landowners and the rejuvenation of abandoned projects, to further enhance future performance. This company is worth putting on your watch list

duriand24

61 posts

Posted by duriand24 > 1 month ago | Report Abuse

South City Plaza are contributing approximately RM14 million in annual revenue to the company but ECOFIRST short-term development focus will remain on their property business.

Jeferson

63 posts

Posted by Jeferson > 1 month ago | Report Abuse

As one of the established neighborhoods close to Kuala Lumpur, Ampang has seen consistent appreciation in property values. EcoFirst’s development could further enhance the land value in the area, attracting both buyers and investors

Posted by wiminvestor > 1 month ago | Report Abuse

this week ECOFIRS got chance climb back 0.40

Posted by w0nderfultime > 1 month ago | Report Abuse

Ecofirst gaining momentum & ready to break thru 40 sen

JustinX78

150 posts

Posted by JustinX78 > 1 month ago | Report Abuse

I guess Mr. Chew is accumulating again 😀

TimiraosL

109 posts

Posted by TimiraosL > 1 month ago | Report Abuse

I think the property market performed strongly in the third quarter of this year with over 112,000 transactions worth RM57.31 billion. Hence, property stocks are rising

https://www.nst.com.my/property/2024/11/1139156/property-market-growth-momentum-bttv

fl1zz0

66 posts

Posted by fl1zz0 > 1 month ago | Report Abuse

boss non-stop collecting, confirm got another project coming soon

100Mark

114 posts

Posted by 100Mark > 1 month ago | Report Abuse

Ecofirst is getting data center related project? 😁

Jeferson

63 posts

Posted by Jeferson > 1 month ago | Report Abuse

Probably in the future ... Meanwhile, Ecofirst will focus on property development first, especially The Ampang Ukay township, a 67-acre prime freehold land development with a gross development value of more than RM8 billion

duriand24

61 posts

Posted by duriand24 > 1 month ago | Report Abuse

ecofirst mainly property development player lah, if got DC project maybe share price can go x2

100Mark

114 posts

Posted by 100Mark > 1 month ago | Report Abuse

Guessing only. Don't take it too seriously 😅

TimiraosL

109 posts

Posted by TimiraosL > 1 month ago | Report Abuse

Don't worry, it will breach the 0.40 resistance level when the good news comes

Posted by wiminvestor > 1 month ago | Report Abuse

Breakout to 0.40 fail, staying at 0.36 - 0.37 support for some time again

Jeferson

63 posts

Posted by Jeferson > 1 month ago | Report Abuse

Mr. Chew's continuous buying are undoubtedly a positive indicator and suggest some good news on the horizon 😉

durianbay

37 posts

Posted by durianbay > 1 month ago | Report Abuse

Overall residential property market is showing an increase in both transaction volume and value. 2025 will be the year of ECOFIRS

JustinX78

150 posts

Posted by JustinX78 > 1 month ago | Report Abuse

Its residential property in Ampang Ukay has seen good take-up rates

TimiraosL

109 posts

Posted by TimiraosL > 1 month ago | Report Abuse

Its KL 48 property, a modern high-rise residence with free shuttle service and just 500m from the nearest MRT and LRT stations, will have high take-up rates too

100Mark

114 posts

Posted by 100Mark > 1 month ago | Report Abuse

How much are Ecofirst's projects in hand worth currently?

Posted by philosopher23 > 1 month ago | Report Abuse

enter some Ecofirs 0.365, awaiting next rally - 0.40 tp

Jeferson

63 posts

Posted by Jeferson > 1 month ago | Report Abuse

No idea, 100Mark. All I know is that EcoFirst’s current order book includes the following key developments:

1) KL48 Project: A RM1 billion gross development value (GDV) project in Chan Sow Lin, Kuala Lumpur. It includes two 47-story towers and retail units, scheduled for completion in 2027.

2) Ampang Ukay Development: A flagship RM5 billion mixed-use project spanning 35.21 hectares in Ampang Jaya. This long-term project includes residential, commercial, and institutional buildings, providing a 12-year development pipeline.

Posted by w0nderfultime > 1 month ago | Report Abuse

ecofirst slowly building up momentum... huge potential with first sports theme mall

JustinX78

150 posts

Posted by JustinX78 > 1 month ago | Report Abuse

South City Plaza also has development potential. Let's keep a close eye on it

fl1zz0

66 posts

Posted by fl1zz0 > 1 month ago | Report Abuse

oversold now, can collect if got extra bullets

TimiraosL

109 posts

Posted by TimiraosL > 1 month ago | Report Abuse

Already get the bullets ready to shoot if it retraced to 0.35 - 0.36

duriand24

61 posts

Posted by duriand24 > 1 month ago | Report Abuse

don't see any pullback sign below 0.36, ecofirst too steady now

100Mark

114 posts

Posted by 100Mark > 4 weeks ago | Report Abuse

If there's a pullback, I think that's the opportunity to tap in

Posted by wiminvestor > 3 weeks ago | Report Abuse

Slow & steady.... Ecofirst back on the track now

Jeferson

63 posts

Posted by Jeferson > 3 weeks ago | Report Abuse

EcoFirst holds a 67-acre freehold land parcel in Gombak, Ampang Ukay, designated for a major mixed-development township. A promising future ahead

fl1zz0

66 posts

Posted by fl1zz0 > 3 weeks ago | Report Abuse

good quarter incoming.... perhaps can hit 40sen b4 2024 end

TimiraosL

109 posts

Posted by TimiraosL > 3 weeks ago | Report Abuse

Next month we will see the company deliver a commendable QR. By then, it will surely break through 0.40

duriand24

61 posts

Posted by duriand24 > 2 weeks ago | Report Abuse

KL-48 Project Boosts Ecofirst To New Profit Heights, the sales conversion rate for the KL-48 project in Chan Sow Lin, Kuala Lumpur, exceeded 80%

JustinX78

150 posts

Posted by JustinX78 > 2 weeks ago | Report Abuse

Kuala Lumpur experienced steady growth in the residential market with 5,589 new units completed during the quarter, marking a 10.5% rise year on year

https://theedgemalaysia.com/node/738215

Posted by wiminvestor > 2 weeks ago | Report Abuse

Ecofirs staying at 0.36 - 0.37 support for some time again , 0.40 is a tough wall

100Mark

114 posts

Posted by 100Mark > 2 weeks ago | Report Abuse

It will announce QR by the end of this month, so probably it will break that tough wall

fl1zz0

66 posts

Posted by fl1zz0 > 1 week ago | Report Abuse

Last 2 quarter return to profit, eco first repeating the same success again

TimiraosL

109 posts

Posted by TimiraosL > 1 week ago | Report Abuse

Net profit expected to exceed RM3 million in q2

duriand24

61 posts

Posted by duriand24 > 1 week ago | Report Abuse

which project completed? why mention 3m?

TimiraosL

109 posts

Posted by TimiraosL > 1 week ago | Report Abuse

Just a rough estimation. The ongoing property development project KL48 (RM591.66 million units sold; approximately RM127.9 million unsold units) and the carpark works at Block A and Block B will generate significant revenue for the company

Jeferson

63 posts

Posted by Jeferson > 1 week ago | Report Abuse

Dnt y'all worry too much, we will find out by the end of this month

Posted by wiminvestor > 1 week ago | Report Abuse

revenue are already reflected back last 2 quarter, q4 are gonna improve more

Jeferson

63 posts

Posted by Jeferson > 5 days ago | Report Abuse

Q4 !? Then you have to wait for another 6 months

fl1zz0

66 posts

Posted by fl1zz0 > 5 days ago | Report Abuse

will trade around 0.36 - 0.40 for some time

duriand24

61 posts

Posted by duriand24 > 3 days ago | Report Abuse

ECOFIRST short-term development focus will remain on their property business while South City Plaza are contributing approximately RM14 million in annual revenue to the company

JustinX78

150 posts

Posted by JustinX78 > 3 days ago | Report Abuse

Hope it will give Ang Pow before we go celebrate CNY 😁

100Mark

114 posts

Posted by 100Mark > 19 hours ago | Report Abuse

If q2 report is good, then I guess we'll get big angpow from this counter

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