Posted by arcadicus > 2017-04-11 14:40 | Report Abuse

Ecofirst Consolidated Bhd operates as an investment holding. The subsidiaries engage in property development, construction and property investment. The company engages in several industries, which include property development, network marketing, agro-biotechnology, construction and others. Through its subsidiaty, Salcon Engineering Berhad (SEB), the company is involved in the provision of engineering services, operation, maintenance and investments in privatized projects in the palm oil and water industry.…

Posted by Chinchin7 > 2017-04-20 18:07 | Report Abuse

this qr will be a good result

Posted by arcadicus > 2017-04-25 15:06 | Report Abuse

wow... 30c finish d.... continue up...

Posted by arcadicus > 2017-04-25 15:06 | Report Abuse

30.5c now

Posted by Barrysia > 2017-04-26 13:10 | Report Abuse

This week Qtr Result is out, watchout!

Posted by goldeneyes007 > 2017-04-26 21:54 | Report Abuse

cloud breakout...expecting storm soon..
ohmypopcorn...

Posted by BlackRock > 2017-04-26 21:56 | Report Abuse

buy! buy! buy!...

Posted by arcadicus > 2017-04-27 10:26 | Report Abuse

up soon?

Posted by Barrysia > 2017-04-27 13:01 | Report Abuse

Dato' Tiong keep on buying, sign of good Qtr show. latest by tomorrow qtr result will be out.

Posted by Newbiz2008 > 2017-04-27 13:06 | Report Abuse

if he doesn't buy who will buy

Posted by vivabursa > 2017-04-27 16:53 | Report Abuse

no volume yet

Posted by arcadicus > 2017-04-27 17:10 | Report Abuse

people wait n see 4 qtr result...

Posted by NoviceInvestor > 2017-04-27 18:22 | Report Abuse

result is just okay

Posted by nickyeo55 > 2017-04-27 18:55 | Report Abuse

Barrysia any comment on the result?

Posted by alidin > 2017-04-28 08:22 | Report Abuse

BO @0.315 possible today.

Posted by WaTakTau Anythings > 2017-04-28 09:40 | Report Abuse

is this worth waiting???
who bought in 2016 are profit now, but pity for those bought in 2014 & 2015 might still having paper loss....

Posted by alidin > 2017-04-30 08:27 | Report Abuse

FA,TA ok.Financal ok and seen share sideways.Waiting signal be better after this.Add commets please

Posted by arcadicus > 2017-05-02 10:05 | Report Abuse

up soon?

Posted by alidin > 2017-05-02 22:17 | Report Abuse

Have confident ecofirs..up soon.

Posted by WaTakTau Anythings > 2017-05-04 15:44 | Report Abuse

haha...will continue down to level 0.26? kinda disappointed with this....

Posted by James > 2017-05-08 10:02 | Report Abuse

Good news coming?

Posted by Bullcoming > 2017-05-30 22:55 | Report Abuse

Better result this quarter?

Posted by B4b4 > 2017-06-08 17:30 | Report Abuse

Steady and surely moving up.

Posted by B4b4 > 2017-06-08 20:57 | Report Abuse

This stock no need to promote. An excellent company. Just buy and keep long term

Posted by darrenliew > 2017-06-16 08:08 | Report Abuse

ECOFIRST - The Next Symlife
Author: StockAlliance | Publish date: Thu, 8 Jun 2017, 07:10 PM
My Comments :-SOUND BUSINESS GROWTH AND GREAT POTENTIAL

On-going high end project in Ipoh with GDV RM302M(sold out and completed last month which mean 20 to 30% of its unbilled sales will have been captured in its coming 4Q results ending 31/5/2017).
Another on- going project 87 acres of Freehold lands in Prime Location in Ampang Ukay KL ( in the vicinity of KLCC Petronas Twin Towers commercial/shopping/entertainment Tourist Belt) will generate RM5 Billions GDV over the next 10 years.
1st Phase with 3 Towers (GDV RM606M) had achieved sales of 90% since launched in March 2017.
POSITIVE INDICATIONS FOR THE COMING 4Q RESULTS/PROFITS (to be announced next month)
1. The revenue recognised from completion of Upper East (GDV of RM302mil) will be recognised in next quarter. Imagine.... Minimum of 10-20% of progress revenue recognised could easily reach RM30-60mil.
2. The revenue recognised from good take up rate from three towers @ Ampang Ukay (GDV of RM606mil) and completion of earthwork and piling works will be in next quarter. Again... Minimum of 10-20% of progress revenue recognised could easily reach RM60-120mil.
PLUS :- Sale of 1Segamat Mall for RM104M cash (net capital gain RM2.4M)
Its South City Plaza, Sri Kembangan, is generating higher recurring rental incomes increasing to RM16M pa (from RM12M)

More prospects:
EcoFirst Consolidated Bhd (EcoFirst), which is partnering IGB Corp Bhd (IGB) to develop a high-end condominium project in Jalan Batai, Damansara Heights GDV of RM400mil, hopes to launch the four-acre project in the third quarter of this year (3Q2017).

Technical Analysis:
ECOFIRST has broken long resistance @ 0.305 and striving to unchartered area with big volume. RSI has crossed 50 indicates bull signal. ECOFIRST will strive to next TP at 0.35.

FUNDAMENTAL ANALYSIS
We concluded from above findings, ECOFIRST is no different with SYMLIFE. You can try to google where is Ampang Ukay and distance between it with KLCC. It is in the centre of Klang Valley. We are very certain the value will soon resurface VERY SOON especially next quarter result out.. Mark our words. With big project valued at RM5bil, upcomin collaboration with IGB of RM400mil and consistent result performance, with market capitalisation of only RM240mil. This is 90% discounted. Think about it. ECOFIRST would at least valued at RM0.70 - 0.80.

(above extracts and comments are purely for exchange and sharing of market info)

Posted by darrenliew > 2017-06-16 08:28 | Report Abuse

CAPABLE MANAGEMENT TEAM. MANAGED BY WELL QUALIFIED DIRECTORS

Posted by Bullcoming > 2017-06-16 22:47 | Report Abuse

I personally go the site to survey, indeed is 90% take up rate, very strategic location. Access to the major highways.
Darren liew, I agreed this counter will go much higher in near future.

Posted by Surge > 2017-06-16 23:42 | Report Abuse

Buying interest accumulated recently, is there a sign of bull coming??

Posted by darrenliew > 2017-07-03 10:33 | Report Abuse

BASED ON THE FACTS :
. COMPLETION OF ITS HIGH END UPPER EAST PROJECT IN IPOH (GDV 302M)
. >90% SALES OF ITS 1ST PHASE AMPANG-UKAY PROJECT (GDV 606M) (The Next MidValley)
JUST A RECOGNITION OF 15% OF ABOVE GDVs WILL REGISTER RM136M REVENUE FOR 4Q MAKING A TOTAL REVENUE OF 198M FOR 12 MONTHS FYE 31/5/17.
4Q PROFITS CAN BE 17M (JUST A NET MARGIN OF 12.5%) MAKING A TOTAL FULL YEAR PROFITS OF 24.8M (EPS 3.08 SEN.)
BASED ON BURSA PROPERTY SECTOR P.E. OF 15.5x, ECOFIR's Fair Value/Price Target 0.47

(EXCLUDING OTHER POSITIVE FACTORS LIKE SALE OF 1SEGAMAT MALL FOR RM104M CASH. IF COMPLETED BY 31/5/17. ITS 4Q /FULL YEAR PROFITS WILL INCREASE BY CAPITAL GAIN OF 2.4M.
ANOTHER POSITIVE IS THE UPWARD REVISION OF TENANCY RATE FOR ITS SOUTH CITY PLAZA KL INCREASING ITS RECURRING RENTAL INCOME BY 4M TO 16M .
RM5B GDV FOR ITS AMPANG UKAY 87 ACRES FREEHOLD PROJECT SUSTAINING ITS EARNINGS FOR THE NEXT 10 YEARS

PROMISING PROSPECTS FOR ECONFIR

Posted by darrenliew > 2017-07-03 10:48 | Report Abuse

ANOTHER POSITIVE WILL BE THE LAUNCHING OF ITS BUKIT DAMANSARA HIGH END J/V PROJECT WITH IGB TO BE LAUNCHED IN THE NEXT FEW MONTH . GDV 400M

Posted by darrenliew > 2017-07-03 16:28 | Report Abuse

REASONABLY GOOD ENTRY POINT WITH SHARE PRICE STILL AT A LOW LEVEL AND WITH UPCOMING POSITIVE NEWS FLOW SOON WITH THE SOON TO BE ANNOUNCED 4Q RESULTS WITH INDICATIONS OF SIGNIFICANT INCREASING PROFITS N PROSPECTS

Posted by darrenliew > 2017-07-03 20:23 | Report Abuse

Ecofirs : The Next Symlife (which share price is now already at 1.00)

The Next MidValley.

Both can become realities based on the expected much improved 4Q results to be released by this month end. And this will start off an uptrend in profits and share price sustained by its prized Ampang-Ukay 87 acres project (Freehold 87 acres fronting MMR2 and well connected by an excellent network of highways and public transport facilities. In the centre of the Klang Valley and within the Greater Golden Triangle with near/easy access to The ICONIC PETRONAS TWIN TOWERS- Bukit Bintang Tourist Commercial Belt
(That's the reason for it securing >90% sales for its 1Phase (launched in March2017)
1st Phase GDV RM606M.
Aggregate GDV RM5B with increasing Earnings Visibility sustainable over 10 years.

Worthwhile to keep for long term investment

Posted by 3101575000 > 2017-07-03 21:13 | Report Abuse

TKVM darrenliew for your info and sharing

Posted by TakeProfits > 2017-07-04 04:30 | Report Abuse

It is disheartening to see directors disposing like nobody's business. Looks like they are traders in this stock. Since so much talk about this stock bring very good,!? So why are the directors selling more,than they buy. I find it strange. Can anyone enlighten?

Posted by darrenliew > 2017-07-04 10:49 | Report Abuse

THESE WERE DIRECT DEALINGS WHICH ONLY REPRESENT A SMALL FRACTION OF THEIR SHAREHOLDINGS. SUCH DEALS CAN BE FOR PRIVATE REASONS . THEIR REMAINING SHAREHOLDINGS ARE STILL VERY SUBSTANTIAL. THUS REFLECTING THEIR CONTINUED CONFIDENCE IN ECOFIRS

Posted by darrenliew > 2017-07-04 10:52 | Report Abuse

GROUP ECO/EXECUTIVE DIRECTOR TIONG KWING HEE HAD RECENTLY BEEN BUYING MORE

Posted by darrenliew > 2017-07-04 11:04 | Report Abuse

EXAMPLE: TEOH SENG AUN WHO SOLD VIA DIRECT DEALS STILL HOLD 73.7M SHARES IN ECOFIRS. PRIVATE REASONS CAN INCLUDE ALLOCATIONS FOR RELATIVES, ETC OR FOR STRATEGIC BUSINESS REASONS. ITS SIGNIFICANT THAT THESE MAJOR SHAREHOLDERS STILL HOLDS SUBSTANTIAL INTEREST IN THE COMPANY

Posted by darrenliew > 2017-07-04 11:09 | Report Abuse

WE CAN FOCUS ON THE UPCOMING 4Q RESULTS TO BE ANNOUNCED IN THE NEXT FEW WEEKS. BASED ON THE GOOD SALES/GDV OF THEIR 2 ONGOING PROJECTS, ITS REVENUES AND PROFITS WILL BE GOOD

Posted by darrenliew > 2017-07-04 15:15 | Report Abuse

GOOD EARNINGS VISIBILITY IS VERY IMPORTANT TO SUPPORT ANY SHARE PRICE UPTREND. WE GOT THIS FROM ECOFIRS (10 YEAR GDV CUM EARNINGS VISIBILITY FROM ITS 87 ACRES AMPANG-UKAY PROJECT (EST. GDV RM5B AND WITH ITS 1ST PHASE WORTH RM606M ALREADY SOLD >90% AND PROGRESS WORK ALREADY COMPLETED FOR ITS PILING/FOUNDATION AND INFRASTRUCTURE WORKS). TO BE FURTHER SUPPORTED BY ITS RM400M J/V PROJECT WITH IGB AT BUKIT DAMANSARA TO BE S SOUTH CITY PLAZA KL MALL (MANY LONG TERM TENANTS FROM PRIVATE COLLEGES/UNIVERSITIES)

Posted by darrenliew > 2017-07-04 17:07 | Report Abuse

TECHNICAL POSTING ERROR.
SHOULD BE " to be further supported by the recurring rental incomes from its South City Plaza (revised upward by rm4m to rm16m annually. Many long term tenants are from private colleges/universities)

Posted by fhis > 2017-07-05 10:55 | Report Abuse

buy ecofirs....next to come...

Posted by darrenliew > 2017-07-07 11:05 | Report Abuse

2 Main Worries :

1)Trump pledges to act 'very strongly' on North Korea missile threat
The U.S. will move on its own if Russia, China don't support it, Trump says

Could include Naval Blockage and Search/Seize N. Korean cargo ships for weapons shipments (allowed by U.N. bcos N.K broke UN resolutions)

2) Trump reportedly 'hell-bent' on imposing steel tariff despite objections from most advisors
US considering broad-scale measures to fight steel dumping: Wilbur Ross
• The United States might have no choice but to resort to "broad-scale" measures to fight the problem of steel dumping, said Commerce Secretary Wilbur Ross.

Art Cashin warns of a 'major shudder' in the market if Trump imposes steel tariff
• Axios reports that the Trump administration is "hell-bent" on imposing tariffs on imports including steel.
• "I think people would worry about trade wars and where we are going from there," Art Cashin says.
(WILL BE BAD IF TRADE WARS STARTS WITH 20% IMPORT TAX TARIFFS AGAINST CHINESE AND EU STEEL)

Posted by darrenliew > 2017-07-07 19:34 | Report Abuse

ECOFIRST CONSOLIDATED BHD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description ECOFIRST CONSOLIDATED BHD ("ECB" OR "THE COMPANY")

PROPOSED DISPOSAL OF THE 1SEGAMAT PROPERTY AND CAR PARK RIGHTS ("SUBJECT PROPERTY") BY TASHIMA DEVELOPMENT SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF ECOFIRST CONSOLIDATED BHD TO MTRUSTEE BERHAD (FORMERLY KNOWN AS AMTRUSTEE BERHAD), THE TRUSTEE OF HEKTAR REAL ESTATE INVESTMENT TRUST FOR A CASH CONSIDERATION OF RM104.0 MILLION ("PROPOSED DISPOSAL")
(Reference is made to ECB’s announcements dated 10 June 2016 and 9 January 2017 in relation to the Proposed Disposal (“Announcements”). Unless otherwise stated, all abbreviations used herein shall have the same meanings as those used in the Announcements.)



On 9 January 2017, the Board of Directors of the Company announced that the Conditional Period had been extended from 10 January 2017 up to 9 July 2017 (“First Extended Conditional Period”).

The Board of Directors of the Company wishes to announce that as at the date of this announcement (being the business day of the First Extended Conditional Period), TDSB has yet to fulfil certain of the conditions precedent of the SPA.



In this regard, TDSB and Hektar Asset Management Sdn Bhd, the Manager of Hektar-REIT, had by way of an exchange of letters dated 7 July 2017, mutually agreed to extend the First Extended Conditional Period for a period of up to 1 month i.e. up to 9 August 2017.

Posted by TakeProfits > 2017-07-08 22:38 | Report Abuse

Wonder what's going on....substantial shareholders and directors continue selling at 29c to 30c, when every one is saying how good this company is? Can some one make comments on continued selling by directors and substantial shareholders. If things are,that good, why they want to sell now.

Posted by TakeProfits > 2017-07-08 22:45 | Report Abuse

Thanks Darren director input this co. Hope it could be a symlife!! But market valuing it at 30c for now

Posted by darrenliew > 2017-07-09 19:10 | Report Abuse

Regret that the source of the info on its sale of 1Segamat Mall was inaccurate as in fact “ TDSB has yet to fulfil certain of the conditions precedent of the SPA. “
This actually means the buyer can legally back out and cancel the SPA by deciding not to fulfil the conditions precedents as mentioned.
If this happens then it will be a significant set back for Ecofirs bcos the sale( if completed )can help to reduce its high gearing/borrowings of RM231M (as at 28/2/17) . The sale can also be an additional source of funding for its AmpangUkay project

Posted by Chinchin7 > 2017-07-14 01:16 | Report Abuse

acculate more now since havent shoot up

Posted by darrenliew > 2017-07-20 15:32 | Report Abuse

4Q RESULTS AND PROFITS TO BE RELEASED BEFORE MONTH END WILL BE VERY GOOD
BASED ON THE COMPLETION OF ITS HIGH END IPOH PROJECT, THE GOOD SALES ACHIEVED FOR ITS 1ST PHASE AMPANG-UKAY PROJECT PLUS THE UPWARD REVISION OF LEASE RENTAL RATES FOR ITS SOUTH CITY MALL AT SRI KEBANGAN KL

Posted by darrenliew > 2017-07-20 15:39 | Report Abuse

THE COMPLETION OF ITS SALE OF 1SEGAMAT MALL FOR 104M CASH WILL BE BOOST ITS PROSPECTS

Posted by 3101575000 > 2017-07-28 20:56 | Report Abuse

quarter result very good: excellence