Ecofirst classified Under trading sector but most of their business related to construction n property development. Believe one of the cheapest "property " counter.
Major share holder n directors = media inc group.
Par value 50 sen. Likely to climb higher.....
Meda was from 15 to 16 sen n price gradually up with intermediate issuance of free warrants wa n wb respectively. mother price now around 71.5 sen.
ADDITIONAL DISCLOSURE PURSUANT TO CHAPTER 9, PART K OF THE LISTING REQUIREMENTS OF THE BURSA MALAYSIA SECURITIES BERHAD 1. Review of Performance The Group's revenue for the current quarter at RM7.9 million was 71% lower than the preceding year corresponding quarter of RM27.1 million mainly due to the substantial completion of the commercial development project in Ipoh, Perak. The Group's profit before tax for the current quarter however was much higher at RM21.3 million as compared to RM7.0 million in the preceding year corresponding quarter primarily due to a waiver of term loan liabilities amounting to RM16.0 million granted to its subsidiary, Pujian Development Sdn Bhd upon fulfilment of its loan settlement conditions pursuant to its restructuring agreement with the financier.
watchful2, sure can hit 40 cents? Is it ok for me to enter on Monday? MACD chart signaled a buy call, RSI also heading north, PE ratio only 3.2 and high ROE. But, this company high debt & has limited amount of cash. I'm worry about the company liquidity. Any1 can advise whether to enter this stock or not!!!
i would buy on strength sentiment n 3 months time frame is fair. no contra player. any purchase price below $0.24 is safe. btw, buy at own risk. my research is based on price momentum n pattern. cant fight market. i exit UMSN after hit my TP of $0.70. but it still goes up to $0.82 but the vol. is low. if the price dropped back to $0.70 level, worth to buy. my target profit margin is short term 20% n mid term (12- 24 months) is at least 35% then only sell. good luck.
jstan: sharks are selling to keep cash for tomorrow rallies. Hopefully they will push to another high. Trend is up, indicators are up. Thursday EGM. Hopefully good financial result, then 0.30 will not be a dream.
Based on the transaction traded, some other big sharks are accumulating just preparation for this thursday good news. Can sense internal sharks accumulating. Cant wait for the show!
Coffee shop talk about Ecofirs. Some greedy shareholders wanted to do a placement n wanting the share to be at a low price so they cld buy the shares cheap. But why didn't they carried out theplacement exercise when the price has been hovering aroung 16-18 sen for the last 2 years? Could it be they are financially not strong to take up the placement? Ecofirs has been profitable for the last couple of quarters.Segamat mall is virtually enjoying 100% occupancy and condos are being built all around South Sea Plaza, Its commercial development in Ipoh,Perak is doing well. Definitely this is a turnaround story. Will market forces or greedy manipulators have the upper hand? Rumor that some foreign back funds and foreign broking houses are taking an interest in this counter. Whatever, in the long run, this counter will find the price of its intrinsic value.
Not long ago, I saw a fresh bull who came lurking in some news portal and this particular bull always want to be somebody.
Initially, this bull had professed in public that he will only go for counter that had potential to earn more than RM1.00 in capital appreciation, and despise pennies stock.
Subsequently as this bull grow with his post, I started to see so many shits from the bull that had been literally laying all around the places and is so stinky, worst, the bull had at times stepped on it's own droppings and I saw that bull eating the droppings together with the grass too.
Recently, this particular bull had been involved with a counter 0069, Instaco. I saw this silly bull had been ramming it's horn on the rock for countless of times until one of the horn on the right had chipped off, while the horn on the left, as a result of stubborn ramming on the rock, penetrated in the head and resulted to a serious brain damage.
Due to the stubbornness of the bull and arrogance, he always believe in doing the opposite when others are not doing, which is continue the action of ramming the head on the rock. I had accidentally saw him, only to found out his self inflicted hammered up disfigured head which is ugly beyond recognition until I dare not to see for another 2 seconds.
I think this bull had reached a state of no cure as it continues to ram it's head on the rock. To quicken the process, I will get major shareholder to continue hitting 0069 harder towards the ground until I see this bull lying motionless in the ground.
The particular bull had wake up to step on some shits and mix them together with grass and eat again. Hope the slaughtering man will drag this bull to slaughter and end his sorrows.
On a side note, Ecofirs had recommended TP of RM 0.25. Probably that particular bull had been buying off at RM 0.245 thinking to sell at RM 0.25 for a 0.5 cents profit again? Can't understand why such blind bull will appear in the market. This kind of blind bull should be towed away to the slaughter house immediately.
Just read Dolomite room where the bone recomend Dolomite on 12th Nov during its peak! Like PTB and Ecofirs, the bone very good recomending at its peak prices! Most of bone recomendation endup negative returns if you still holding! Bring all his followers to holland! My recomendation for myeg and hibiscus made so many happy followers! Only the bone got problem because he make his followers kep losing money!
Blind people dunno how to see time which is 12am. Anyhow Fagging bull. Bad luck to your trading, and I mean it seriously. I wanna see you lose until you cannot stand up anymore.
Today is the AGM...Ecofirst doing very well with fully occupied 1Segamat and South City Plaza...and currently trading price earning of 6 times...it should be trading 30 cents but completely undervalue.
For 2 quarters the earning per share consistently at 1.80 cents...cumulatively at 3.86 cents so far this year...hope that the market price with catch with its low valuation.
Published in Thestar Support Line dated 19/11/2013
ECOFIRST Consolidated recovered to a peak of 24.5 sen during intra-day session, the best since February, last year. For now, the moving average convergence/divergence histogram is firmly bullish, implying there may be more upside in the pipeline. Solid support is pegged at the 20 sen mark while significant resistance can be expected at the 27 sen and 34 sen levels
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3236 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
thesteward
6,781 posts
Posted by thesteward > 2013-11-04 10:27 | Report Abuse
now is the time....